Students can borrow money for their college expenses without any hassle with student personal loan apps. Using these student loan apps, you can fill up an online application form and get the loan amount credited to your bank account directly without any hassle. All you have to do is download any instant loan app for students and apply for a loan. Read on to know about the best loan app for students.
Following are the best loan apps for students in India:
mPokket: The mPokket is one of the best student loan app in India for college students providing instant personal loans ranging from Rs. 500 to Rs. 30,000 to students whenever they are short of pocket money or want to avail of an urgent cash loan in an emergency.
Key Features
Pocketly: It is one of the best student loan apps that offer quick cash on hand, anytime, anywhere exclusively to college students and salaried individuals.
Key Features
KrazyBee: KrazyBee app is among the best student loan apps in India that helps college students in some cities of India to purchase anything online through a flexible monthly payment plan. Any college going student aged above 18 years from KrazyBee’s listed colleges can make a purchase from KrazyBee.
Key Features
KreditBee: It is the best app for loan for students that provides personal loans to salaried/students starting from Rs. 1,000 to Rs. 3 Lakhs, as per their approved credit. On approval, the borrower gets a direct bank transfer within minutes. The KreditBee for student loan has some great features like:
Key Features
Sahukar: Sahukar is an app-only lending platform that offers personal loans to students. You can download the Sahukar student instant loan app from the Google Playstore or the Apple App Store to avail of this facility.
Key Features
SlicePay: SlicePay is a no-fee VISA card designed to help working professionals, freelancers, and even unpaid interns make purchases and pay later whenever you want.
Key Features
CashBean: It is India’s leading mobile-based personal loans platform CashBean offers small loans for students in India to customers aged 18 years or above to help them meet their financial needs for the purchase of mobile phones, medical needs, bill payments, and other requirements.
Key Features
BadaBro: This app is among the loan apps for college students that offer instant loans to college students as well as salaried professionals aged above 18 years.
Key Features
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mPokket, Pocketly, KrazyBee, KreditBee, Sahukar, SlicePay, CashBean and BadaBro are the best personal loan app for students that offer instant loan for students in India.
Students can get anywhere between Rs. 100 to Rs. 10 Lakhs with pocket money loan for students in India, depending on their eligibility and lender’s policy.
The interest rate for the best instant loan app for students may vary between 0% to 36% depending on your eligibility and the lender’s policy.