Top Instant Loan Providers for Busy Professionals


When you require instant money, loans from traditional lenders could be time-consuming, with many formalities and documentation involved, unless a pre-approved instant money loan offer awaits you because of your association with the lender. 

Another option is taking a loan on your credit card, but the disadvantage is exceptionally high-interest rates. Yet another option for an instant money loan would involve asking relatives or friends for money which not everyone is comfortable doing. However, every busy professional has an opportunity to take a Personal Loan from a financial institution. 

Today’s new-age lenders offer instant money loans in a matter of time because they have the technology to ease their verification process and document validation which happens almost in real-time. Within three clicks, you know if your instant money loan has been approved or not, and within less than 24 hours, it can get disbursed into your accounts. 

Getting a Personal Loan from one of the top lenders is as easy as ordering groceries online. You can apply using a device of your choice and at a convenient time from the comfort of your home. This is ideal for busy professionals because the application process is not restricted by working hours or the lender’s location.  

Here are four leading financial institutions that provide instant money loans in minutes. 


Clix Capital is one of India’s most accessible and best loan providers that offer personal loans online at attractive interest rates. They approve a loan application within 15 minutes as their sophisticated software carries out the verification and authentication process in real time. Their collateral-free loans are perfect for salaried individuals to take care of unforeseen expenses, such as medical emergencies. It is also ideal for those looking to fund their dream wedding, travel the world, renovate or improve their homes, consolidate debts and outstanding loans etc. 

Clix Capital is a contemporary and progressive lending firm that leverages technology to ensure Personal Loans are simpler, faster, and more accessible for its customers. This translates into faster sanctions with minimum paperwork leading to peace of mind.

Personal Loan – Interest Rate & Features

  • Loan amount: Starts from Rs. 1 lakh and can go up to a maximum of Rs. 25 lakh
  • Repayment tenure: Flexibility in repayment of EMIS from 12 months up to 48 months
  • Rate of interest: Attractive interest rates ranging from 14.99% to 24.99% per annum
  • Process and application: No collateral or security needed
  • Suitable monthly salary: Rs. 20,000 per month 

2) MoneyTap

MoneyTap, a pioneer in app-based credit lines, is considered one of the country’s fastest instant money loan providers. This loan provider is preferred for its ‘no-usage-no-interest’ feature, which makes borrowing more affordable for the applicant. As per this feature, the borrower has access to an enormous sum of money but only pays interest on the amount they use. 

MoneyTap has flexible interest rates and is currently servicing clients across the major metros – Delhi NCR, Bangalore, Mumbai, Chennai and Hyderabad and 30 other cities in India. It is an excellent app for busy professionals as well as self-employed individuals. 

Interest Rate and Features

  • Loan amount: Minimum loan amount starts from ₹3,000 and can go as high as ₹5,00,000
  • Repayment tenure: Flexible EMI tenure ranging from two months to three years
  • Rate of interest: 13%-36% per month rate of interest
  • Process and application: 100% paperless with a very low rejection rate
  • Suitable monthly salary: Rs. 30,000 per month
  • Processing Fee: Rs. 499/-
  • Additional information: Interest is charged only on the amount withdrawn. Initial KYC may take time. 

3) PaySense

PaySense is an instant money loan app founded by Sayali Karanjkar and Prashanth Ranganathan in 2015 and is back by VCs. It provides easy information access to anyone through a mobile phone, laptop or any internet-powered device. Checking the loan eligibility, submitting the KYC details, the loan application and receiving approval takes only a few hours. They also provide an EMI calculator to make life easy for the borrower and aid in better financial planning and clarity. It is based in over 50 cities across India.

Key features

  • Loan amount: Minimum loan amount is Rs. 5,000, and the maximum loan amount goes up to Rs. 5,00,000
  • Repayment tenure: Flexible EMI tenure ranging from three months to three years
  • Rate of interest: The rate of interest starts at 13% p.a.
  • Processing fee: The standard processing fee is 2.5% of the loan amount
  • Process and application: It takes three to five days to get the funds; they offer doorstep collection of documents, and no collateral is required for this instant loan. 
  • Reasonable monthly salary: This loan is ideal for people who earn at least Rs 18,000 per month. 
  • Other information: There are chances of the loan getting denied if the applicant’s credit score isn’t good. The verification process is exhaustive, so it takes longer than other instant loan apps. 

4) IndiaLends

IndiaLends is another excellent instant money loan app that disburses personal loans within 48 hours. They extensively rely on data and technology to enhance workflows and accurately assess risks making the loan disbursal process faster and more efficient. 

  • Loan amount: Maximum loan amount can go up to Rs. 50,00,000
  • Repayment tenure: Flexible EMI tenure ranging from one year to five years
  • Rate of interest: The rate of interest starts at 10.75% p.a.
  • Processing fee: The processing fee is 6% of the loan amount
  • Process and application: Easy approval and quick disbursal of loans that is entirely online
  • Reasonable monthly salary: This loan is ideal for people who earn at least Rs15,000 per month. 
  • Other information: You can get your credit score within one minute. 

The credit lending space has made the most of technologically advanced software, and their instant money loan offering has made life nothing short of easy for us. People mostly need instant loans when something unplanned comes up or in a crisis – that is when people cannot wait and spend time on formalities, a problem that these modern-age lenders have addressed. 

An instant money loan is a quick way of getting a paperless loan within a short time. Ditch all the paperwork, the hours spent filling lengthy forms, and say goodbye to queues at the financial institutions – choose one of these instant loan providers and get access to the funds.

Show More

Related Articles

Back to top button