Online Loan App

Applying for a personal loan through an app has changed the way people can get funds easily and quickly at fairly low interest rates. Loan Apps have emerged as a preferred choice for people looking for immediate funds with little paperwork. Apps not only allow borrowers to submit an online loan application, but also help them complete the entire loan process digitally in a convenient manner.

Personal Loan Application

Whether it’s marriage expense or travel expenditure, personal loans are ideal to meet your short-term financial needs. Also, with no requirement of collateral or security, the documentation required and time to get a personal loan is far less as compared to other loans such as a home loan or car loan. The personal loan amount can range from Rs. 9,000 to Rs. 75 Lakh.

Here are ten golden tips for getting a loan

The online loan application process has made it easier and simpler to apply for a personal loan. allows you to apply for the loan in just a few simple steps and connect you to the lender of your choice. With the help of MyLoanCare, you can analyze and compare various personal loan deals offered by top banks and NBFCs in India. We work closely with our partner banks to get the best loan offers, attractive discounts and lower interest rates for you.

How to apply for a personal loan through MyLoanCare?

Here are the simple steps through which you can apply for a personal loan:

Step 1: Download MyLoanCare app or visit our website to compare and apply for loan offers from top banks and NBFCs in India.

Step 2: To apply for personal loan, fill in your personal and occupational details along with loan requirement details.

Step 3: Once you fill the form, you can check loan offers and select the one that is best suited for you in terms of interest rates, processing fees and eligibility.

Step 4: Post this, a MyLoanCare representative from personal loan department will contact you to verify your eligibility and discuss your requirements. Based on the discussion, he will suggest the right banks and loan offers to you and also explain the nest steps to get your loan application processed.

Step 5: If you are interested and eligible, he/ she will fix an appointment with the bank for document pick-up and further processing. A bank's representative will contact you and will initiate a verification process.

Step 6: After verification of your income and other personal details and based on your credit score and eligibility, the bank will decide to sanction or reject your loan. If sanctioned, you will receive a sanction letter from the bank mentioning the key loan terms including interest rate, processing fees, tenure, prepayment charges.

Step 7: Once you receive the sanction letter and you agree to the terms mentioned in the sanction letter, the loan will be disbursed to your bank account.

Before you apply for a personal loan, make sure to check your eligibility to ascertain the right loan amount and tenure based on an assessment of your monthly repayment capacity. You can check your eligibility using the online eligibility calculator and then apply for the loan.


Which is the best personal loan app?

In the recent two or three years, numerous personal loan apps have introduced themselves in the market. Some of the most popular ones are Indiabulls Dhani app, Money tap. Besides banks like SBI, HDFC, Axis Bank also have their online loan app.

However, on the app of MyLoanCare, your application will be assessed based on the criteria of over 25 banks and NBFCs along with personal assistance to help you choose the best deal.Which app gives loan instantly?

MyLoanCare is one of the best instant personal loan app available in the market, as it will give you offers from multiple lenders based on your eligibility and requirement. The best part is that the offers are from leading banks which offer low rate of interest and quick service as compared to other loan apps with limited loan options at a higher rate.List of the best instant loan apps in India

Here are some of the best instant personal loan apps in India:
  • MyLoanCare
  • Indiabulls Dhani
  • Mobikwik
  • Money Tap
  • Cashe
  • Early Salary
  • Kreditbee
  • CashbeanHow can I get a quick easy loan?
Download MyLoanCare app from the playstore. Fill the required details and apply for the personal loan. Get instant digital assistance from an expert to your personal loan application.How easy is it to get approved for a loan application?

Salaried employees with monthly salary of Rs 30,000 and above and a credit score of 700+ have a good chance of getting a loan through any bank including all popular loan apps. Bank may also look at other factors such as past work experience, existing relationship with the bank and mode of receiving salary.How can I get a small loan fast?

You can get a small loan fast in the following ways:
  • You can apply for the loan on any quick loan app. Such apps tell you instantly whether your loan application is accepted or not.
  • You can also consider asking for a loan from family or friends.
  • The credit card provides the quickest loan. You can consider getting a credit card as well for a fast small loan.Where can I get a small personal loan?

You can get a small personal loan from any of these finance apps:
  • Cashe
  • MyLoanCare
  • Indiabulls Dhani
  • Early SalaryWhat's the best finance app for iPhone?
Full Information in Gujarati: Click Here

Here are ten golden tips for getting a loan

Some of the best finance app for iPhone are:
  • MyLoanCare
  • Early Salary
  • MobiKwik
  • Indiabulls Dhani
  • Why MyLoanCare???
Nowadays, almost all banks offer attractive schemes on Personal Loan at competitive rates with many customer friendly features. You can do rates comparison, check your eligibility, calculate EMI, apply online and get the best Personal Loan rates. MyLoanCare helps you throughout the loan process from the day you apply to the time you get disbursement. You can register with us, track your loan status on a regular basis and get an option to earn attractive cashbacks and refer and earn benefits.