Top Instant Personal Loan Providers in Delhi NCR for Urgent Needs

Updated on: 17 Jan 2024 // 5 min read // Personal Loans
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Instant Personal Loans are becoming the preferred choice of borrowing these days. The speed and convenience offered by these new-age companies are taking a lot of market share in big cities and urban areas. Look at any list of companies offering Personal Loans in Delhi, and you will find a large number of app-based and online instant Personal Loan providers. As Delhi has very deep mobile and broadband internet penetration, these companies have been able to set up very strong businesses in its vicinity.

Let us have a look at some of the most popular instant Personal Loan providers active in the National Capital Region (NCR) today.

1. CASHe:

CASHe is undoubtedly a social loan company. The mission of the company is to promote financial inclusion, especially to new income earners who have no exposure to the credit market and therefore do not have a CIBIL score. Instead, they rely on their Social Loan Quotient. The company provides quick loans to salary earners, and they can take loans for just two months and going all the way to a full year.

For taking the smallest loan option from this lender, you must be earning at least Rs 15,000 per month. You can borrow as low as Rs 9,000 and as high as Rs 80,000. This loan has to be repaid in two months. For the longest, 360 days loan, you must have a salary of at least Rs 40,000. Here you can borrow anywhere between Rs 75,000 to Rs 3 Lakh. They use an app-based system where the application process and all other activities are completed online via an app.

2. PaySense:

PaySense is another new-age company that offers instant Personal Loans to customers online and through mobile apps. You can get instant personal loans starting from Rs. 5000 to Rs. 5 Lakhs. PaySense offers loans to people who have zero credit history. You can send the required documents to them through courier, right from your doorstep. The online process of Credit Limit based lending is made of only 3 steps where you check your eligibility and choose a plan, upload relevant KYC documents, and get your money in your account post-approval. The company also offers loans specifically for marriage, travel purposes, medical requirements, and home improvement. PaySense has also started businesses in vehicle loans for two-wheelers, new and used cars, etc. The company also has a variety of consumer loans, including those for mobile phones, laptops, TVs, cameras, and a wide range of consumer durables like refrigerators and washing machines.

3. MoneyView:

MoneyView is another instant Personal Loan company that offers Personal Loans starting from Rs. 10,000 up to Rs 5 lakhs. The Personal Loan interest rates from MoneyView start from 1.33% per month, and the processing fee is 2.5% of the sanctioned amount. You get flexible repayment options, which can go for as long as 5 years. The company offers Personal Loans in Delhi and many other cities with very simple requirements. The borrower must be salaried or self-employed. They must be earning a minimum monthly income of Rs. 13,500. The salary must be credited in a bank, consequently, an active bank account is also required. The applicant should be aged between 21 to 57 years, and their credit score should be at least 650 for CIBIL and 750 for Experian. MoneyView offers a completely paperless application process, and you can check your loan eligibility in just 10 minutes. The borrower must provide a PAN Card, Adhaar Card, and Bank Statement in pdf file format.

4. KreditBee:

KreditBee is the instant Personal Loan provider that offers loans from Rs 1000 to Rs. 2 lakh. They directly offer the ability to buy from various online shopping websites and convert your purchases to EMIs. You can login to the website or app using your Google or Facebook profile, check your eligibility online and apply through the app to get instant loans. The app is currently available on android with iPhone app to be available in the near future. The company offers per month personal loan interest rates of 1.02% to salaried borrowers. The applicant has to upload their salary proof and employment proof documentation. KreditBee offers zero cost EMIs for shopping on Amazon India, Flipkart, ClearTrip, MakeMy Trip, and many other online sites. Their app has been downloaded more than 20 million times, and they even have 2 million satisfied customers. The applicant should be an Indian citizen aged 21 years or above, holding a PAN card and a KYC eligible address proof.


This is a company specially focused on Personal Loans for college students. The company lends to undergraduate and postgraduate students all over the country provided they are above 18 years of age. All users start with a limit of Rs 500 when they register their account. The company assigns maximum credit limit dynamically based on usage and repayment patterns. The loans are extended for very short duration and generally have to be repaid between 61 to 90 days. The process is nearly instant, and the borrower can choose to take loan amount in their accounts or PayTM wallets. The registration process is simple and can be completed in just 10 minutes. Just upload photos of KYC documents, student ID card, and a selfie video. Loan requests are processed instantly, just like a line of credit. Loan repayment can be made through many convenient options like bank Debit Card, UPI or PayTM Wallets.

6. MoneyTap:

MoneyTap is the first company in India to offer a personal line of credit. They offer instant approval for a credit line with Personal Loans of up to Rs. 5 lakh. Borrowers can withdraw as low as Rs 3000 and can go as high as their approved credit limit. The customers are also allowed to pay only interest until the time they have enough money to make the principle repayments. The company describes 5 simple steps for their customers. You start with downloading and installing app. Upon registration you get a basic credit limit which is enhanced by KYC approval from selected lending partners. Once approved, you can start using your credit limit 24 X 7. You can then convert your dues to EMIs, anywhere between 2 to 36 months. There is no collateral or guarantor required, and you also get special reward points and discounts on food, entertainment, and fuel purchases.

If you further want to research about instant Personal Loan offer across India, visit a loans services marketplace like MyMoneyMantra and avail free professional loan advice.