Best Loan Apps For Students: There are many ways to get loan in India. But these all are time taking and needs more documents. Those the student who belongs from poor family or middle-class family wants immediately loan at emergency situation. Students needs to know about Best loan apps for emergency situations.
Here we discuss all those apps which give instant loan in emergency condition with less paperwork and negligible or less interest rate. In this article, we will discuss about best loan apps and also give you proper guidance for choosing suitable app.
Top 5 best loan apps for students in India
1.Bajaj Markets
Bajaj markets is a good platform for loan with less interest rate and required minimum paperwork. It is the biggest platform of loan in business field because it give the loan easily. Bajaj Markets take less time to accept the loan application.
Bajaj Markets is the good platform for the purpose of loan, students can choose this to full fill your requirement.
Key points of Bajaj Markets
The interest rate of Bajaj Markets is starting from 10.49% per annum.
Loan Amount is Up to Rs 50 Lakhs
App rating of Bajaj Markets is 4.4
2. mPockket
Getting loan with mPocket is a good choice, All you need is a valid college ID and proof of address to apply. Business man and other can take a advantage of this incredible service just by providing a payment receipt, a bank statement, and proof of identification and residency.
Key Points of mPokket
The software of mPocket allows students to get loans quickly.
Students can take instant loan in less time from 500 to 30,000.
You have between 61 and 120 days to repay it.
The interest rate of every month approx 1% to 6%.
The charge of processing fees from Rs 304 Rs.203 + GST (18%).
3. KredtiBee
KredtiBee is a one of the suitable app for loan purpose, you can easily get loan by providing some documents. The loan amount up to Rs 300,000 you can use it to full fill your desired. The staff of KredtiBee understand the emergency of students that’s why they provide a quick and very less paper work. Simply fill out the degital application form which is available for those applicants who is come under the age limit of 21 to 56.
For smooth loan approval process KreditBee, requires you to upload all your documents directly by the app. This app provide you very less intrest rate.
Key points of KredtiBee
Amounts ranging from 100 to 3,00,000 rupees may be borrowed
The duration range from 62 days to 15 months.
Interest rate of this app is 0% to 29.95%
Processing cost might be anything between 0% and 7%
4. KrazBee
This app is created, especially for the purpose of student loan, you can get loan easily by filling the required documents. You can get loan form 1,000 to 10,000. The interface of KrazyBee is user friendly you can fill the application form easily. You can choose KrazyBee to get instant loan with negligible paper work.
Key points of KrazyBee
The location of krazyBee office is Mumbai, Hyderabad, Bangalore, Pune, Mysore, and Vellore.
The EMI option is Six, nine, and twelve-month is available on krazyBee.
The most of you may spend each months is Rs 2,000.
Processing is simple and fast.
5. Sahukar
Sahukar is the one of the famous and best app for student loan, students can get the loan for study purpose by providing very less documents. Sahukar app can give you uptp 5,000 with a monthly interest 3%. You can full fill your financial need by the help of this loan.
Sahukar understands the emergency condition of student, within 24 hours, you can expect your loan application to be processed. Repaying your loan is very flexible and simple process, You can repay within one month to three months.
Key points of Sahukar
Students are eligible for an immediate loan between Rs. 100 and Rs. 5000.
The duration is between one month to three months.
The services and approval process is very fast.
Slice pay
Slice pay offers students loans with no cost EMIs. It is quick and easy to operate with master card support. Candidates just download the app and provide the the required documents. After downloading the app undergraduate students are eligible to get Rs 10000 loan. You can repay it within 1 month to 3 months. The interest rate is 3 %.
key points of Slice pay
Slice pay is the best loan app for under study student you can get 2000 to 10 lakhs of rupees within few hours.
Slice pay offers you no cost EMI you can repay it within 3 months.
Which offers you so many types of cashback offers.