InstaMoney is a leading Instant Personal Loan App used by 3 Million+ users in India.
Loan Range: ₹5,000 to ₹25,000
Tenure: 3 months to 5 months (91 days to 150 days)
Interest rates (APR) Range: 24%-35.88% per annum
Example: Loan amount (Principal) is ₹10,000 | Interest is 24% per annum with tenure of 5 months, Interest=₹10,000 x 24% x 5/12 =₹1,000 & Total Amount payable would be ₹11,000 over 5 months i.e. ₹2,200 per EMI (Equated Monthly Installment). Processing fee(+GST)=₹500 + ₹90. Assessment fee=₹199
Avail an instant personal loan ranging from ₹5,000 to ₹25,000 on the app and get cash transferred to your bank account in 2 hours.
Note: No credit history* required, no prepayment charges & affordable interest rates!
All salaried individuals with a salary of ₹12,000 & above can avail an instant cash loan with InstaMoney App! Even the first time instant loan seekers & personal loan applicants are eligible to apply!
Key Features 👌
• Instant loans up to ₹25,000
• Flexible repayment tenure from 91 days to 150 days
• No paperwork
• Cash transfer to your bank account in minutes
• No prepayment charges, pay interest only on the amount used
• Advance salary loans at 24%-35.88% p.a. translating to 2% - 2.99% a month
• Lowest processing fees ranging between 0% - 5% of the amount used
• Graduate to the higher loan amount and more products with on-time repayments
⭐️Why InstaMoney is different from any other Instant Personal Loan App?⭐️
- 3 million+ users in India
- Over ₹25 Billion (₹2500 Crores) disbursed in loan amounts already disbursed
- The largest number of personal loans given by any P2P lending platform in India.
- Get instant cash loans for various purposes such as medical emergency, credit card payment, school fee, advance salary etc.
- The approved loan amount can be used to shop online on Amazon, Flipkart, BigBasket or book your tickets on Yatra, MakeMyTrip
- Loan disbursement time varies between 10 minutes to 2 hours
- Apply for a personal loan through the app and repay through the app
Eligibility Criteria 👍
✔Between the age of 21 - 45 years
✔Minimum take-home salary per month ₹12,000
✔Full salary must be received in the bank account
Only 4 Documents Required 📑
- PAN card
- Aadhaar Card/Address ID proof
- Bank statement
How InstaMoney Instant Personal Loan Works? 📲
Follow the below-mentioned steps to avail the fastest personal loan in India:
1. Log in to the InstaMoney app, check eligibility and pay an assessment fee for verification.
2. Upload the required details and documents quickly.
3. Within 10 minutes of your personal loan application, you'll be notified of your approval status. Sometimes, it is real-time as well!
4. Once your personal loan is approved, the loan amount gets transferred to your bank account in 30 minutes.
Operational throughout India: All 28 states and 8 union territories.
Example of an InstaMoney loan:
A customer avails personal loan of ₹10,000 at an interest of 24% p.a., where the processing fee is ₹500 for a period of 5 months, would end up paying ₹11,000 in 5 months. His monthly EMI would be ₹2,200.
Security & Protection of Privacy 🔐
InstaMoney app follows global standards of high-level data encryption/decryption protocols to protect user data.
• Email: email@example.com
• Facebook: fb.com/InstaMoneyApp
• Twitter: @InstaMoneyApp
InstaMoney is powered by LenDenClub, RBI Registered NBFC-P2P (https://rbi.org.in/Scripts/BS_NBFCList.aspx)
Address: Unit No. 5, Mezzanine Floor, DLH Park, SV Rd, Goregaon West, Mumbai, Maharashtra 400064
Download InstaMoney app during a difficult time and get an instant personal loan approved within 2 hours! 👆
*Credit history required if you are residing in New Delhi, Uttar Pradesh, Bihar, Odisha, Jharkhand, Chattisgarh and West Bengal.