15 Best Emergency Loan App List in India for Urgent loan Approval

Emergency loan apps have revolutionised the way people access short-term credit, offering quick financial assistance during unexpected situations. These apps are designed to provide instant loans with minimal hassle, ensuring you can address urgent needs like medical expenses, travel, or utility bills. But which applications are the best? 

This is where this blog helps. It provides an emergency loan app list, its features, benefits, and why they stand out in 2025. They provide instant approval, often within minutes, and require minimal documentation compared to traditional loans. Loan disbursal is quick, usually within 24 hours, allowing users to address urgent needs promptly. So, let us have a look!

List of Top 15 Latest Emergency Loan Apps List

Below is a list of the top urgent loan apps in India. These RBI approved loan apps in India are designed for quick approvals and disbursals, making them ideal for urgent financial needs. They are as follows: 

App Name	Rating
NoBroker Instacash	5/5
InstaLoan	4.7/5
Dhani	4.6/5
HomeCredit	4.5/5
EarlySalary	4.4/5
KreditBee	4.3/5
MoneyTap	4.3/5
CASHe	4.2/5
PaySense	4.2/5
LoanTap	4.1/5
SmartCoin	4.1/5
Nira Finance	4.0/5
StashFin	4.0/5
LazyPay	3.9/5
TrueBalance	3.8/5

Top 15 Emergency Loan Apps for Instant Cash in 2025 

Below are the top 15 best loan apps in India in 2025, offering quick access to funds when you need them most. These apps provide hassle-free, fast approvals with flexible repayment options to help you manage unforeseen financial emergencies. They are as follows:

1. NoBroker

NoBroker InstaCash, launched by NoBroker Technologies Solutions Pvt Ltd and founded by Akhil Gupta, Amit Kumar Agarwal, and Saurabh Garg in 2014, provides personal credit lines up to ₹5 lakhs. The fast loan application offers instant personal loans with competitive interest rates starting at 12.99% per annum, quick disbursal, flexible EMI options, and minimal documentation. It is known for its fully digital process and secure transactions, partnering with RBI-authorized NBFCs to ensure transparency. NoBroker InstaCash sets itself apart with a user-friendly interface and a hassle-free, no-hidden fees experience, allowing users to withdraw and repay funds conveniently. It is the best emergency loan app.

Quick Info Table of NoBroker

Category	Details
Loan Amount Range	₹1,000 - ₹5 lakhs
Interest Rate	1.5% per day onwards
Processing Fee	0% - 2%
Eligibility	Indian residents, age 21-60, minimum salary of Rs 10,000/month, credit score 750+
Disbursal Time	Within 30 minutes
Rating	5/5
Pros	Quick approval, minimal documentation, 100% digital process, pre-approved credit lines, digital gold purchases, loan protection insurance
Cons	High interest rates may vary based on creditworthiness

2. InstaLoan

InstaLoan, launched in 2020 by TMX Finance LLC, provides instant personal and instalment loans for quick financial assistance. The platform ensures swift loan approvals and disbursals through a fully digital, paperless process. By leveraging technology, this urgent personal loan app offers one-tap payments, no hidden fees, and flexible repayment options, making it a convenient solution for various financial needs. InstaLoans' commitment to simplicity and transparency helps users manage their finances effectively, meeting a wide range of urgent monetary requirements with ease, making it the best app for emergency loans.

Quick Info Table of InstaLoan

Category	Details
Loan Amount Range	₹1,000 - ₹5 lakhs
Interest Rate	1.5% per day onwards
Processing Fee	0% - 2%
Eligibility	Indian residents, age 21-60, minimum salary ₹10,000/month, credit score 750+
Disbursal Time	Within 30 minutes
Rating	4.7/5
Pros	Quick approval, minimal documentation, 100% digital process, pre-approved credit lines, digital gold purchases, loan protection insurance
Cons	High interest rates may vary based on creditworthiness

3. Dhani

Dhani, founded in Mumbai in 2019 by Dharmil Sheth and Dinesh Ramanian, offers a range of financial services that focus on instant personal loans. The app provides no-EMI instant cash loans, allowing users to borrow up to ₹5 lakhs with quick disbursal and minimal documentation. Dhani is known for its user-friendly interface, fast approval process, and competitive interest rates. The app differentiates itself by offering a seamless and hassle-free loan experience without the need for extensive paperwork, making it a popular choice for quick and convenient personal financing needs.

Quick Info Table of Dhani

Category	Details
Loan Amount Range	₹1,000 - ₹5 lakhs
Interest Rate	1.6% per month onwards
Processing Fee	0% - 2%
Eligibility	Indian residents, age 21-60, minimum salary ₹10,000/month, credit score 750+
Disbursal Time	Within 24 hours
Rating	4.6/5
Pros	Quick approval, minimal documentation, 100% digital process, value-added services
Cons	Interest rates may vary based on creditworthiness

4. HomeCredit

HomeCredit, established in 2012 and part of Home Credit India Finance Private Limited, is a digital lending platform in India. The app provides quick cash loans, consumer durable loans, and flexible personal loans. It offers instant loan approval, quick disbursals, and a fully online application process. The loan app utilises technology to guarantee secure transactions and offers flexible repayment options, making it a convenient solution for various financial needs.

Quick Info Table of HomeCredit

Category	Details
Loan Amount Range	₹5,000 - ₹5 lakhs
Interest Rate	1.6% per month onwards
Processing Fee	0% - 2%
Eligibility	Indian residents, age 18-60, minimum salary ₹10,000/month, credit score 750+
Disbursal Time	Within 24 hours
Rating	4.5/5
Pros	Quick approval, minimal documentation, 100% online process, flexible repayment options, value-added services
Cons	Interest rates may vary based on creditworthiness

5. EarlySalary

Founded in 2016 by Akshay Mehrotra and Ashish Goyal, EarlySalary is a Pune-based financial technology company that provides instant salary advances and personal loans up to ₹5,00,000. The app targets young professionals, offering quick approvals, minimal paperwork, and flexible repayment options linked to salary accounts. It features financial wellness tools such as expense tracking and budgeting. Loan tenures range from 3 to 24 months with competitive interest rates and no prepayment charges. The digital process ensures instant fund transfers, and the app also includes a salary card for instant credit access. EarlySalary stands out for its user-friendly interface and focus on financial wellness, which differentiates it from traditional loan platforms. 

Quick Info Table of EarlySalary

Category	Details
Loan Amount Range	₹1,000 - ₹5 lakhs
Interest Rate	1.5% per day onwards
Processing Fee	0% - 2%
Eligibility	Indian residents, age 21-60, minimum salary ₹18,000/month for metro cities, ₹15,000/month for non-metro cities, credit score 750+
Disbursal Time	Within 30 seconds
Rating	4.4/5
Pros	Quick approval, minimal documentation, instant fund transfer, flexible repayment options, various financial products
Cons	Interest rates may vary based on creditworthiness

6. KreditBee

KreditBee, founded in 2017, is a digital lending platform that offers instant personal loans up to ₹5,00,000. The app uses advanced algorithms and a proprietary credit scoring model to provide quick approvals and disbursals with minimal documentation. KreditBee focuses on making credit accessible to salaried professionals with competitive interest rates and flexible repayment options. This emergency cash loan app partners with RBI-registered NBFCs, ensuring secure and transparent transactions. KreditBee is noted for its ease of use, transparency, and customer support.

Quick Info Table of KreditBee

Category	Details
Loan Amount Range	₹1,000 - ₹5 lakhs
Interest Rate	17% p.a. onwards
Processing Fee	0% - 2%
Eligibility	Indian residents, age 21-60, minimum salary ₹10,000/month, credit score 750+
Disbursal Time	Within 10 minutes
Rating	4.3/5
Pros	Quick approval, minimal documentation, 100% digital process, pre-approved credit lines, digital gold purchases, loan protection insurance
Cons	Interest rates may vary based on creditworthiness

7. MoneyTap

Established in 2017, MoneyTap is India's first app-based personal credit provider. It offers personal credit lines up to ₹5,00,000, allowing users to withdraw as needed and pay interest only on the utilised amount. The instant emergency loan app guarantees instant approval and disbursal, providing flexibility with repayment cycles. MoneyTap partners with multiple banks and NBFCs, ensuring a smooth and secure borrowing experience. Its distinguishing features include no collateral requirements, flexible loan terms, and a user-friendly interface that simplifies access to credit.

Quick Info Table of MoneyTap

Category	Details
Loan Amount Range	₹3,000 - ₹5 lakhs
Interest Rate	1.08% per month onwards
Processing Fee	0%
Eligibility	Indian residents, age 21-60, minimum salary ₹25,000/month, credit score 750+
Disbursal Time	Within 4 minutes
Rating	4.3/5
Pros	Quick approval, minimal documentation, interest only on used amount, flexible repayment, credit card features
Cons	Interest rates may vary based on creditworthiness

8. CASHe

Launched in 2016, CASHe is a digital lending platform aimed at providing financial inclusion for young urban professionals. The emergency online loan app offers instant personal loans from ₹1,000 to ₹4,00,000 using AI and machine learning for quick credit scoring and decision-making. CASHe provides pre-approved credit limits, rapid approvals, and fund disbursals. It also offers diverse financial products like loan protection insurance and investment opportunities. CASHe stands out for its focus on underserved millennials and its commitment to transparent, technology-driven financial solutions.

Quick Info Table of CASHe

Category	Details
Loan Amount Range	₹1,000 - ₹4 lakhs
Interest Rate	1.5% per day onwards
Processing Fee	0% - 2%
Eligibility	Indian residents, age 21-60, minimum salary ₹25,000/month, credit score 750+
Disbursal Time	Within 30 seconds
Rating	4.2/5
Pros	Quick approval, minimal documentation, 100% digital process, pre-approved credit lines, digital gold purchases, loan protection insurance
Cons	High interest rates may vary based on creditworthiness

9. PaySense

Founded in 2015, PaySense is a Mumbai-based financial services startup. The app offers instant personal loans ranging from ₹50,000 to ₹5,00,000 with quick approvals and disbursals. It uses advanced data science to assess creditworthiness, enabling a simplified application process without complex paperwork. Its features include paperless documentation, flexible EMI plans, and easy loan management through reminders and auto-debits. The loan emergency app is designed to be user-friendly and accessible, particularly for first-time borrowers.

Quick Info Table of PaySense

Category	Details
Loan Amount Range	₹5,000 - ₹5 lakhs
Interest Rate	1.4% per month onwards
Processing Fee	0% - 2%
Eligibility	Indian residents, age 21-60, minimum salary ₹18,000/month for salaried, ₹20,000/month for self-employed, credit score 750+
Disbursal Time	Within 24 hours
Rating	4.2/5
Pros	Quick approval, minimal documentation, 100% digital process, flexible tenure, loans for no credit history
Cons	Interest rates may

10. LoanTap

LoanTap, launched in 2017 by LoanTap Financial Technologies Pvt. Ltd is a digital lending platform in India. The app offers a variety of loans, including personal loans, EMI-free loans, medical loans, and holiday loans, with amounts up to ₹10 lakhs. It features a fully online application process, quick approvals, and flexible repayment plans. The platform aims to ensure secure transactions and make credit accessible to both salaried professionals and self-employed individuals.

Quick Info Table of LoanTap

Category	Details
Loan Amount Range	₹50,000 - ₹10 lakhs
Interest Rate	12% p.a. onwards
Processing Fee	0% - 2%
Eligibility	Indian residents, age 21-60, minimum salary ₹30,000/month, credit score 750+
Disbursal Time	Within 24-36 hours
Rating	4.1/5
Pros	Quick approval, minimal documentation, 100% digital process, flexible tenure
Cons	Interest rates may vary based on creditworthiness

11. SmartCoin

SmartCoin, founded in 2015, is a digital lending platform in India. The app offers instant personal loans in partnership with RBI-registered NBFCs. By leveraging data science and machine learning, SmartCoin assesses credit risk and provides personalised loan products. This emergency small loan app's mission is to make credit accessible to underserved segments, ensuring quick approvals and secure transactions. SmartCoin has become a trusted financial partner for many, simplifying the borrowing process and providing financial solutions tailored to the needs of a diverse user base.

Quick Info Table of SmartCoin

Category	Details
Loan Amount Range	₹1,000 - ₹5 lakhs
Interest Rate	18% p.a. onwards
Processing Fee	2% - 12%
Eligibility	Indian residents, age 21-60, minimum salary ₹15,000/month, credit score 750+
Disbursal Time	Within 24 hours
Rating	4.1/5
Pros	Quick approval, minimal documentation, 100% digital process, flexible tenure
Cons	Interest rates may vary based on creditworthiness

12. Nira Finance

Founded in 2017 by Rohit Sen and Nupur Gupta, Nira Finance is a Bangalore-based digital lending platform providing affordable credit lines up to ₹1 lakh for salaried individuals. The app offers instant personal loans with competitive interest rates, quick approvals, and minimal documentation. Users can complete the KYC process digitally and receive a personalised credit limit, with funds disbursed directly to their bank accounts upon approval. It stands among the emergency loan apps for its focus on affordable, hassle-free credit for salaried professionals, ensuring secure transactions through partnerships with RBI-registered NBFCs.

Quick Info Table of Nira Finance

Category	Details
Loan Amount Range	₹5,000 - ₹1 lakh
Interest Rate	24% p.a. onwards
Processing Fee	0% - 2%
Eligibility	Indian residents, age 21-55, minimum salary ₹12,000/month, credit score 750+
Disbursal Time	Within 24 hours
Rating	4.0/5
Pros	Quick approval, minimal documentation, 100% digital process, flexible tenure
Cons	Interest rates may vary based on creditworthiness

13. StashFin

Founded in 2016 by Tushar Aggarwal, StashFin is a New Delhi-based digital lending platform offering personal loans up to ₹5 lakhs. The app employs advanced algorithms for quick loan approvals and disbursals, ensuring minimal documentation and flexible repayment options. StashFin is renowned for its fast processing times, competitive interest rates, and secure transactions. Users benefit from a completely digital application process, allowing for instant fund transfers to their bank accounts. By focusing on a seamless and hassle-free user experience,  it differentiates itself from traditional loan platforms, making it a preferred choice for quick personal financing.

Quick Info Table of StashFin

Category	Details
Loan Amount Range	₹1,000 - ₹5 lakhs
Interest Rate	11.99% p.a. onwards
Processing Fee	0% - 2%
Eligibility	Indian residents, age 21-60, minimum salary ₹15,000/month, credit score 750+
Disbursal Time	Within 24 hours
Rating	4.0/5
Pros	Quick approval, minimal documentation, 100% digital process, flexible tenure
Cons	Interest rates may vary based on creditworthiness

14. LazyPay

LazyPay, launched in 2019 by PayU, serves over 20 lakh users daily by offering instant personal loans up to ₹1 lakh with a fully digital, paperless process. The app provides a personalised credit limit based on the user's credit score, which can be used for purchases at over 45,000 merchants. Users benefit from one-tap payments, no hidden fees, and flexible EMI options. Known for its user-friendly interface and robust security, it offers a comprehensive financial solution that sets it apart from traditional loan apps by enabling a seamless Buy Now, Pay Later experience.

Quick Info Table of LazyPay

Category	Details
Loan Amount Range	₹3,000 - ₹5 lakhs
Interest Rate	12% p.a. onwards
Processing Fee	0% - 2%
Eligibility	Indian residents, age 21-60, minimum salary ₹15,000/month, credit score 750+
Disbursal Time	Within 24 hours
Rating	3.9/5
Pros	Quick approval, minimal documentation, 100% digital process, flexible tenure
Cons	Interest rates may vary based on creditworthiness

15. TrueBalance

Founded in 2014 by Charlie Lee, TrueBalance started as a mobile balance management app and evolved into a comprehensive financial services platform. It offers small personal loans, utility bill payments, and insurance products, targeting low-income segments and first-time borrowers. It features a user-friendly interface, quick loan approvals, and flexible repayment options. By providing access to financial services for the underserved population, it ensures inclusive growth. The platform's integration with various financial products sets it apart, making it a comprehensive solution for everyday financial needs.

Quick Info Table of  TrueBalance

Category	Details
Loan Amount Range	₹5,000 - ₹1,25,000
Interest Rate	2.4% per month onwards
Processing Fee	0% - 12%
Eligibility	Indian residents, age 18-51, minimum salary ₹20,000/month, credit score 750+
Disbursal Time	Within 24 hours
Rating	3.8/5

Benefits of Emergency Loan Apps

Emergency loan apps provide quick financial relief in times of need, offering a convenient and efficient way to access funds. Here are five key benefits of using these apps:

1. Immediate Access to Funds

Emergency loan apps often instant loan approval within minutes, ensuring you get the funds when you need them the most. This is particularly helpful during medical emergencies, urgent home repairs, or other unexpected expenses where time is of the essence.

2. Convenient Application Process

These apps feature a fully digital, paperless application process that can be completed from the comfort of your home. This saves time and hassle compared to traditional loan applications, which typically require multiple visits to the bank and extensive paperwork.

3. Minimal Documentation Required

Unlike traditional loans that require extensive paperwork, emergency loan apps typically need minimal documentation. This makes it easier and faster to apply and get approved, as you often just need to provide basic identification and income proof.

4. Flexible Repayment Options

These apps offer flexible repayment terms, allowing you to choose a repayment plan that suits your financial situation. This flexibility minimises the stress of repaying the loan, as you can select terms that align with your income and budget.

5. User-Friendly Interface

Emergency loan apps are designed with user-friendly interfaces, making them easy to navigate and use. Even if you're not very tech-savvy, you can easily understand the process and apply for a loan, ensuring a smooth and hassle-free borrowing experience.

How to Choose the Right Emergency Loan Apps?

Choosing the right emergency loan app is crucial for ensuring that you get the funds you need quickly and safely. Here are some important factors to consider when selecting an emergency loan app:

1. Interest Rates and Fees

Look for apps that offer competitive interest rates and transparent fee structures. This will help you avoid hidden costs and ensure that you are getting the best deal possible. Make sure to read the fine print and understand all the charges associated with the loan, including any processing fees, late payment charges, or prepayment penalties.

2. Loan Amount and Tenure

Check the loan amounts and repayment tenures available on the app. Choose one that offers flexibility in both loan amounts and repayment periods to suit your financial needs. A flexible tenure can help you manage your monthly expenses better and ensure that you can repay the loan without undue financial stress.

3. Eligibility Criteria

Different apps have different eligibility requirements. Make sure to choose an app with criteria that you can easily meet to increase your chances of quick approval. Eligibility criteria may include factors such as your credit score, income level, employment status, and age. Understanding this beforehand can save you time and avoid potential rejections.

4. User Interface and Experience

A user-friendly interface can make the application process smoother and more enjoyable. Look for apps that are easy to navigate and have a clean, intuitive design. A good app should provide clear instructions, easy access to information, and efficient customer support to help you through the process.

5. Customer Reviews and Ratings

Research user reviews and ratings to get an idea of the app's reliability and customer service. Apps with high ratings and positive feedback are generally more trustworthy and efficient. Reading reviews can also provide insights into the app's features, user experience, and any potential issues that other users have faced.

How to Apply for an Emergency Loan Using These Apps?

Applying for an emergency loan using digital lending apps in India is quick and convenient, making it easy to secure funds in urgent situations. Here's a step-by-step guide to help you through the process:

• Step 1: Download the App: Visit the Google Play Store or Apple App Store. Search for the specific loan app you want to use. Download and install the app on your smartphone.
• Step 2: Create an Account: Open the app and register using your mobile number or email. Verify your identity by entering the OTP sent to your registered mobile number.
• Step 3: Complete Your Profile: Fill in the required personal details, such as name, date of birth, and address. Provide employment details and monthly income information.
• Step 4: Upload Necessary Documents: Upload scanned copies or photos of essential documents, such as PAN card, Aadhaar card, bank statements, and salary slips. Ensure the documents are clear and legible to avoid delays.
• Step 5: Choose Loan Type and Amount: Select the type of loan you need (e.g., personal loan, PayLater, etc.). Enter the desired loan amount and choose a suitable repayment tenure.
• Step 6: Submit the Application: Review all the information provided to ensure accuracy. Submit your loan application for approval.
• Step 7: Loan Approval and Disbursal: The app will process your application and assess your eligibility. Once approved, the loan amount will be disbursed to your bank account, often within minutes.

Conclusion

Finding the right app from the emergency loan app list can be a lifesaver when dealing with urgent financial needs. With so many options available, it’s crucial to choose a platform that offers quick disbursement, transparency, and ease of use. 

If you’re looking for a fast and hassle-free way to secure funds, check out NoBroker InstaCash. It’s a trusted platform designed to help you unlock instant cash when you need it most. Visit NoBroker InstaCash today and experience seamless financial support!

Frequently Asked Questions