NBFC Loan Applications in India
Non-Banking Financial Companies (NBFCs) in India offer mobile apps or online platforms where people can apply for loans. These are called “NBFC Registered Loan Apps” in India. With these loan apps, people can apply for loans quickly and easily, without having to go to a physical bank branch.
NBFCs are financial institutions that are regulated by the Reserve Bank of India (RBI), but they are not allowed to take deposits from the public. Instead, they offer a wide range of financial products and services, such as loans, credit facilities, investments, and more.
In India, loan apps that are registered with an NBFC offer many different kinds of loans, such as personal loans, home loans, education loans, and more. These apps use advanced algorithms and data analytics to figure out if a person has good credit and approve loans quickly and easily.
Before applying for a loan through any NBFC-registered loan app in India, however, borrowers should be careful and read the terms and conditions carefully. They should also make sure that the app is registered with the Reserve Bank of India (RBI) and meets all the rules.
Some Advantages
In India, one of the best things about NBFC-registered loan apps is that they are easy to use. People can use their computers or mobile phones to apply for loans at any time and from anywhere. They can also upload the necessary papers online, so they don’t have to go to a branch.
In India, NBFC-registered loan apps also offer a quick and easy way to get a loan. Based on the applicant’s credit history, income, and other factors, these apps use advanced algorithms and data analytics to figure out if they are a good credit risk. Most loan applications are approved right away, and the money goes straight into the applicant’s bank account.
Another benefit of using NBFC-registered loan apps in India is that there are many different kinds of loans to choose from. There are many different kinds of loans available through these apps, such as personal loans, home loans, education loans, and more. Borrowers can choose the type of loan that meets their needs and is easiest for them to pay back.
RBI Approved NBFC Loan Apps
- For information about RBI Approved NBFC List Loan App, you will first go to RBI’s official website.
- After that, go to the RBI home page and click on one of the names of non-banking financial companies.
- Now, on a new page, under RBI Registered Loan App List Pdf, there will be a download button next to the Excella PDF file. Click on it.
- The full list of registered companies will only show up when you open the file you downloaded from the RBI Approved NBFC List Loan App.
Top NBFC Registered Loan Apps in India
Here’s a table that lists some of the top NBFC Registered Loan Apps in India with their app rating on the Google Play Store:
Please note that the app rating can vary over time and across different app stores. The ratings are based on the Google Play Store as of February 2023, and it is recommended to conduct your research before choosing a loan app.
| Loan App | App Rating (out of 5) |
| MoneyTap | 4.2 |
| KreditBee | 4.3 |
| EarlySalary | 4.3 |
| Credy | 4.3 |
| LoanTap | 4.0 |
| Capital First Limited | 4.2 |
| FlexSalary | 4.2 |
| CASHe | 4.1 |
| Home Credit India | 4.0 |
| ZestMoney | 4.2 |
| Faircent | 4.1 |
| RupeeRedee | 4.1 |
| Lendingkart | 4.1 |
| Nira Finance | 4.2 |
| Qbera | 4.2 |
| StashFin | 4.0 |
| InstaMoney | 4.1 |
| MyLoanCare | 4.1 |
| CashBean | 4.2 |
| MoneyOnClick | 4.1 |
| PaySense | 4.0 |
| SmartCoin | 4.1 |
| QuickCredit | 4.2 |
| AnyTimeLoan | 4.2 |
| Neogrowth | 4.1 |
| LoanAdda | 4.1 |
| ZipLoan | 4.0 |
| Clix Capital | 4.1 |
| Credit Fair | 4.1 |
| Tata Capital | 4.0 |
These apps provide personal loans, instant loans, business loans, and other types of loans to individuals and businesses. They offer fast loan processing, flexible repayment options, and competitive interest rates. It is important to note that the top NBFC Registered Loan Apps may vary depending on various factors such as interest rates, loan amount, loan tenure, and eligibility criteria.
It is advisable to compare the different loan apps before making a decision and choose the one that best suits your requirements. Additionally, it is essential to read the terms and conditions carefully before applying for any loan to avoid any future misunderstandings’ to the official website of RBI for information on the RBI Approved NBFC List Loan App.
100+ NBFC Registered Loan App List 2023 PDF
| Sr. No. | App Name | Loan Amount | App Rating |
| 1 | Fullerton India | ₹10,000 to ₹30 Lakhs | 03-May |
| 3 | Kreditzy | ₹1,000 to ₹200,000 | 1.9/5 |
| 4 | StashFin | ₹1,000 to ₹5,00,000 | 3.7/5 |
| 5 | Dhani | ₹10,000 to ₹5,00,000 | 3.7/5 |
| 6 | LoanTap | ₹ 25,000 to ₹ 10,00,000 | 3.7/5 |
| 7 | CashBean | ₹ 1,500 to ₹ 60,000 | 3.8/5 |
| 8 | IndiaLends | Up To ₹ 5,00,000 | 3.8/5 |
| 9 | DigiMoney | ₹5000 से लेकर 25,000 रुपए तक | 3.9/5 |
| 10 | Mobikwik | ₹ 50,000 | 4.1/5 |
| 11 | NAVI | Up to ₹20,00,000 | 4.1/5 |
| 12 | Kissht: Instant Line of Credit | ₹10,000 से लेकर 1,00,000 रुपए तक | 4.1/5 |
| 13 | CreditScore, CreditCard, Loans | Up to Rs. 5 Lakh | 4.1/5 |
| 14 | InstaMoney Personal Loan | Min: ₹5,000 to Max: ₹25,000 | 4.1/5 |
| 15 | mPokket | ₹500 to ₹ 30,000 | 4.2/5 |
| 16 | Bajaj Finserv | ₹30,000 to ₹25 Lakh | 4.2/5 |
| 17 | PayMe India | ₹ 2000 upto ₹ 2 Lakh | 4.2/5 |
| 18 | Avail Finance | ₹1000 – ₹40,000 | 4.2/5 |
| 19 | Mystro Loans & Neo Banking app | Rs.10,000 to Rs. 2 lakhs | 4.2/5 |
| 20 | Bajaj MARKETS: Loan, Card, UPI | up to ₹25 Lakhs | 4.2/5 |
| 21 | IndusMobile: Digital Banking | ₹5000 से लेकर 200,000 रुपए तक | 4.2/5 |
| 22 | Kissht: Instant Line of Credit | ₹10,000 से लेकर 1,00,000 रुपए तक | 4.2/5 |
| 23 | Swift Loan | Max: 50,000 Rupees | 4.2/5 |
| 24 | ZestMoney | ₹1,000 to ₹ 10 Lakhs | 4.3/5 |
| 25 | HomeCredit | ₹5,000 upto ₹5,00,000 | 4.3/5 |
| 26 | True Caller | ₹5,000 to ₹3,00,000 | 4.3/5 |
| 27 | Prefr: Get an instant loan | Min: ₹10,000; Max: ₹3,00,000 | 4.3/5 |
| 28 | Mystro Loans & Neo Banking app | Rs.10,000 to Rs. 2 lakhs | 4.3/5 |
| 29 | FlexSalary | up to ₹ 2 lakh | 4.4/5 |
| 30 | MoneyTap | up to ₹5,00,000 | 4.4/5 |
| 31 | LazyPay | ₹3,000 to ₹ 1 lakh | 4.4/5 |
| 32 | KreditBee | ₹1,000 to ₹300,000 | 4.4/5 |
| 33 | PaySense | ₹5,000 to ₹5,00,000 | 4.4/5 |
| 34 | True Balance | ₹ 5,000 to ₹ 50,000 | 4.4/5 |
| 35 | IBL FINANCE App | ₹5000 से लेकर 25,000 रुपए तक | 4.4/5 |
| 36 | mPokket | ₹500से लेकर 30,000 रुपए तक | 4.4/5 |
| 37 | Bueno Loans | Upto ₹25000 | 4.4/5 |
| 38 | Indialends | 5,00,000 रुपए तक | 4.4/5 |
| 39 | Pocketly | Max: ₹10,000 | 4.4/5 |
| 40 | SmartCoin | ₹4000 to ₹1 Lakh | 4.5/5 |
| 41 | EarlySalary | ₹8,000 to ₹500,00 | 4.5/5 |
| 42 | Nira | ₹5,000 to ₹ 1,00,000 | 4.5/5 |
| 43 | IDFC First Bank | ₹20,000 to ₹40 lakhs | 4.5/5 |
| 44 | Early Salary | ₹8,000 से लेकर 500,000 रुपए तक | 4.5/5 |
| 45 | Prefr: Get an instant loan | Min: ₹10,000; Max: ₹3,00,000 | 4.5/5 |
| 46 | MoneyView | ₹10,000 up to ₹5,00,000 | 4.6/5 |
| 47 | RupeeLend | ₹ 2,000 to ₹ 50,000 | 4.6/5 |
| 48 | Bueno Finance | ₹ 10,000 | 4.6/5 |
| 49 | CASHe | ₹ 1,000 to ₹ 3,00,000 | 4.6/5 |
| 50 | Paytm | ₹10,000 to 25 lacs | 4.6/5 |
| 51 | CASHe | ₹1,000से लेकर 3,00,000 रुपए तक | 4.6/5 |
| 52 | FastCash-Instant Personal Loan | INR 5,000 – INR 50,000 | 4.6/5 |
Conclusion
In India, NBFC Registered Loan Apps have made it easier for businesses and people to get loans. These apps make it easy to get a loan, make it easy to pay it back and offer competitive interest rates. They have changed the lending business by making it possible for anyone with a smartphone and internet access to get a loan. The best NBFC Registered Loan Apps in India offers personal loans, instant loans, business loans, and other types of loans.
Before you apply for a loan, you should carefully read the terms and conditions and choose the loan app that fits your needs the best. Before making a choice, you should also compare the different loan apps and do your research.
Faizan Ahmad is a financial analyst and writer who specializes in investments, banking, and corporate finance. He has over 7 years of experience working in the finance industry in various roles.
He leverages his strong financial modeling and data analysis skills to provide insightful commentary on business, markets, and economic trends.
At Ventures Money, Faizan covers topics including Credit Card Reviews, Loans, Insurance, and Mutual Funds in the banking sector. He provides in-depth analysis of the latest news and trends to help readers make smart investment decisions.
Outside of writing, Faizan enjoys following the stock market, rooting for his favorite sports teams, and spending time with his family.