Student Loan Apps: Many students search on Google for the best loan apps. A student requires a loan to cover college fees, books, library expenses, food, and other miscellaneous expenses.
At this time, getting an online loan has not been more difficult than before because many companies have launched apps that provide you with loans instantly, for which you only need to link your Aadhar Card, PAN Card, and Aadhar Card Mobile. The application asks for bank statements and also checks your civil score.
In this post, I will tell you about the three best student loan applications I have done and can be trusted.
“I would not suggest that you should take an online loan unless you have an income source to repay the loan because if you do not make the repayment on time then these loan companies charge very high charges.”
Top 3 Student Loan Apps
1. KreditBee
I am constantly using this loan application and getting loans with discount offers. KreditBee is an online instant personal loan app trusted by over🏆5 Crore Indians. Whether you are a Student or self-employed, apply for a quick personal loan and get instant credit, directly in your bank account in 10 minutes, without any paperwork or physical documentation.
Flexi Personal Loan For Students – We offer flexi personal loans with a repayment tenure of 3-10 months for a personal loan amount between ₹1,000 to ₹50,000. Need a PAN card & proof of address to apply.
| Eligibility Criteria | 21+ age, Indian, monthly income |
| Required Documents | PAN card, Aadhar card |
| Loan Amount Range | ₹1300 to ₹50,000 |
| Tenure | 3 to 10 months |
| Interest | 18% to 30% /An |
| Processing Fee | 2.5% of the loan amount GST (Get Discount) |
| Lending Partners | Krazybee Services Pvt. Ltd, IIFL Finance Ltd |
| Support | [email protected] |
Steps to avail of an instant loan
- Install KreditBee loan app
- Sign up using a mobile number
- Provide your PAN number & check your eligibility
- Upload KYC documents, including your address, and get your profile verified
- Choose your loan amount and tenure
- Provide your bank details
- Request money transfer in your bank account
2. Smart Coin
I am constantly using this loan application and getting loans with discount offers. The SmartCoin app provides instant personal loans to the salaried and self-employed for cash needs that can’t wait. Apply for a personal loan through a completely digital and secure process, pass the eligibility terms and conditions, and the money is credited to your account within minutes.
| Eligibility Criteria | 21+ age, Indian, monthly income |
| Required Documents | PAN card, Aadhar card |
| Loan Amount Range | ₹1300 to ₹50,000 |
| Tenure | 3 to 12 months |
| Interest | 2.49% / Per Month |
| Processing Fee | 3.54% of the loan amount +GST |
| Lending Partners | Upmove Capital Private Limited |
| Support | [email protected] |
⭐️ Steps to get a loan
- Install the SmartCoin Personal Loan App.
- Register, add key personal details, and verify OTP.
- Apply for an instant online loan after selecting your desired amount and tenure.
- Upload documents to complete e-KYC.
- Sign loan agreement following loan processing and approval.
- Get an instant loan in your account within MINUTES.
3. mPokket Instant Student Loan Apps
Instant personal loan app for Students and salaried up to Rs.30,000, RBI-registered.
mPokket (एमपोकेट) is the best student loan app and salaried loan app. Get an instant loan for college students and an instant loan for salaried employees. Avail personal loan instantly ranging from Rs 500 to Rs 30,000. Just open this online loan app and consider this as a borrowing option whenever you are short of pocket money or you want to avail of an urgent cash loan in case of an emergency or even to settle your travel plans and much more. Get everything settled with the best instant loan app.
| Eligibility Criteria | 21+ age, Indian, monthly income |
| Required Documents | PAN card, Aadhar card (College ID card for Students) |
| Loan Amount Range | ₹500 to ₹30,000 |
| Tenure | 61 days to 120 days |
| Interest | 4% per month |
| Processing Fee | 200 + 18% GST depending on the loan amount |
| Lending Partners | mPokket Financial Services Private Limited |
| Support | [email protected] |
mPokket is one of the best online loan apps in India providing student loans, and instant loans for salaried and trusted by 15M+ users. As a loan app for students in India, it offers flexible repayment options. Instant loan for Salaried is a great & convenient way to receive a salary advance.
FAQ
Which is Best For Instant Student Loan Apps?
KreditBee App
Conclusion.
- Thank you for reading this article, we have given you some information about Student Loan Apps In India.
- if you suggest any details about this article post please comment and please give feedback about this article.