Money is often needed quickly, whether it is for business, personal use, or an emergency. Visiting banks and waiting for long approval processes is not always possible. Therefore, most people use cash credit loan apps. They allow users to get funds anytime through their phone with simple steps.
As compared to before, these days loan apps are widely used. With just a few clicks, people can apply, get approval, and withdraw money from their cash credit limit without paperwork.
What is a Cash Credit Loan app?
A cash credit loan is a type of short-term borrowing where a fixed limit is given by a bank or NBFC. The borrower can withdraw money as needed and repay it later.
- Interest is charged only on the amount used, not the full limit.
- It works like a revolving credit, where you can borrow, repay, and borrow again.
- It is different from a personal loan because there is no fixed lump sum disbursement.
For example, if your limit is ₹1,00,000 and you use only ₹20,000, you will pay interest on ₹20,000 only.
Benefits of Cash Credit Loan platform
Using a mobile app for cash credit loans gives many advantages.
- Instant approval and quick disbursal.
- Paperless KYC and digital process.
- Flexibility to use money for both personal and business needs.
- Interest is charged only on the withdrawn amount.
- Easy tracking of usage and repayments through the app.
List of Best Cash Credit Loan Apps
1. MoneyTap
Website: https://web.moneytap.com
MoneyTap is one of India’s first credit line-based apps, designed for people who need flexibility instead of a fixed lump sum loan. Once approved, you get a credit limit, and you can withdraw only what you need at any time. The app charges interest only on the withdrawn amount, which makes it cost-effective.
It is popular among young professionals and small business owners who prefer a safety net for unexpected expenses. With a simple digital KYC process, approvals are quick, and the app has been downloaded by millions across India. The repayment system is also easy, with EMI options available directly through the app.
Key Features:
- Credit limit: Up to ₹5,00,000
- Interest rate: 13%–24% per annum
- Tenure: 2 to 36 months
- Interest only on the amount used
Eligibility:
- Age: Minimum 21 years
- Monthly income: At least ₹15,000
- Credit score: 650+ preferred
Why Choose It:
- Flexible credit for repeated use
- Quick approvals with no heavy paperwork
- Trusted by a large user base
2. FlexSalary
Website: https://www.flexsalary.com
FlexSalary is a salary advance and credit line app mainly designed for working professionals. Instead of waiting for payday, users can borrow from their approved limit anytime and repay conveniently. The app provides quick approvals with minimum documentation, making it useful for sudden expenses like medical bills or family needs.
It works as a revolving line, so you can withdraw multiple times within your limit without reapplying. Many salaried users prefer this app as it helps them manage cash flow smoothly between pay cycles. With simple repayment and instant transfer to your account, it has become a trusted name in flexible borrowing.
Key Features:
- Loan / credit line up to ₹3,00,000
- Interest rates: 18%–36.50% per annum
- Tenure: Up to 36 months
- Digital KYC and fast approval
Eligibility:
- Age: 21 to 55 years
- Salaried employee with regular income
- Minimum ₹12,000–₹15,000 monthly salary
Why Choose It:
- Perfect for salaried employees needing mid-month support
- Easy access to multiple withdrawals within the limit
- Simple repayment options without heavy paperwork
3. Navi
Website: https://navi.com
Navi is a well-known digital lender that offers quick loans and credit lines through a smooth mobile app. It has gained popularity because of its large loan amounts, competitive interest rates, and paperless process. Users can borrow from small amounts to higher limits, making it useful for both personal and business needs.
The approval is fast, and funds are disbursed directly to the bank within minutes. Its EMI calculation tool in the app helps users plan repayments in advance. With millions of downloads and positive ratings, Navi has become a reliable choice for people who want fast access to funds without visiting a bank.
Key Features:
- Loan amounts up to ₹20,00,000
- Interest rates starting from 9.9% per annum
- Flexible tenure from a few months to several years
- Paperless and instant approval
Eligibility:
- Age: Minimum 21 years
- Stable income source (salaried or self-employed)
- Good credit history preferred
Why Choose It:
- Good for both small and large borrowing needs
- Lower interest compared to many other apps
- Simple, user-friendly mobile experience
4. KreditBee
Website: https://www.kreditbee.in
KreditBee is one of the most popular instant loan apps in India that offers personal loans and credit lines to salaried and self-employed users. The app is simple to use, and approvals are quick, making it a top choice for young professionals. Funds are transferred directly to the bank account, and repayment can be managed through EMIs.
KreditBee is known for catering to people who may not have very high credit scores, giving them a chance to access funds easily. With millions of downloads, it has become a trusted platform for short-term borrowing.
Key Features:
- Loan amounts: ₹3,000 to ₹3,00,000
- Interest rate: 15%–29.95% per annum
- Tenure: 3 to 24 months
- 100% digital process
Eligibility:
- Age: 21 to 50 years
- Minimum monthly income: ₹10,000
- Salaried or self-employed
Why Choose It:
- Suitable for small and medium cash needs
- Quick approvals even with average credit scores
- User-friendly app with simple process
5. CASHe
Website: https://www.cashe.co.in
CASHe is designed to help salaried professionals meet urgent financial needs. It provides instant short-term loans with minimal paperwork. Users can link their social and financial profile in the app to get a credit line approved quickly.
The app is especially popular among younger users looking for quick and small-ticket loans. CASHe also offers features like Buy Now Pay Later (BNPL) and EMI shopping, making it more versatile. It has become a trusted choice for instant lending.
Key Features:
- Loan amounts: ₹1,000 to ₹4,00,000
- Interest rate: Starts from 12% per annum
- Tenure: 15 days to 18 months
- Paperless approval and quick disbursal
Eligibility:
- Age: 21 years and above
- Salaried individual with proof of income
- Minimum ₹12,000 monthly salary
Why Choose It:
- Great for small and urgent expenses
- Flexible repayment options
- Extra features like BNPL and EMI shopping
6. LazyPay
Website: https://lazypay.in
LazyPay works like a credit line that allows users to buy now and pay later. It is linked with major merchants and e-commerce sites, making it very popular for online shopping. The app gives users a credit limit that can be used for purchases or cash loans.
Repayments can be made in full or converted into EMIs for convenience. With millions of active users, LazyPay is one of India’s leading credit solutions for the younger digital audience.
Key Features:
- Credit limit: Up to ₹1,00,000
- Interest rate: 15%–25% per annum
- Tenure: Flexible EMI options up to 24 months
- Can be used for shopping, bills, and cash loans
Eligibility:
- Age: Minimum 21 years
- Salaried or self-employed with steady income
- PAN and Aadhaar mandatory
Why Choose It:
- Perfect for online shopping and payments
- Instant credit line approval
- Flexible EMI repayment option
7. IndiaLends
Website: https://indialends.com
IndiaLends connects borrowers with banks and NBFCs to provide personal loans and credit line options. The app is widely trusted as it partners with major financial institutions in India. It is useful for people looking for higher loan amounts and longer repayment tenures.
This platform also provides free credit score checks and personalized loan offers. With its simple interface and wide network, IndiaLends helps users find suitable loans quickly.
Key Features:
- Loan amounts: ₹15,000 to ₹50,00,000
- Interest rate: 10.75% onwards
- Tenure: 6 months to 60 months
- Partnered with leading banks/NBFCs
Eligibility:
- Age: 21 to 60 years
- Salaried or self-employed with stable income
- Good credit score preferred
Why Choose It:
- Large loan amounts available
- Partnered with reputed financial institutions
- Free credit score checking feature
8. Buddy Loan
Website: https://www.buddyloan.com
Buddy Loan is a personal loan aggregator app that offers instant approval with a wide range of partner NBFCs and banks. It helps users get quick funds with minimal documentation. The app’s strength lies in its ability to provide multiple loan offers, allowing users to choose what suits them best.
It is particularly useful for people who need flexibility in choosing lenders. With a smooth digital process, Buddy Loan has grown to be a reliable option for instant borrowing.
Key Features:
- Loan amounts: ₹10,000 to ₹15,00,000
- Interest rate: Starting from 11.99% per annum
- Tenure: 6 to 60 months
- Multiple lender tie-ups
Eligibility:
- Age: 21 to 60 years
- Salaried or self-employed
- Monthly income: At least ₹15,000
Why Choose It:
- Multiple offers from partner banks
- Simple and quick approval process
- Large loan ranges from small to big needs
Suggested Read: Finance Companies in Mumbai
9. Dhani
Website: https://www.dhani.com
Dhani is a digital finance app that offers personal loans, instant credit lines, and even healthcare services. It gives users a credit line that can be used for purchases or cash withdrawals. The app is easy to use and provides cash within minutes.
Apart from loans, Dhani also has features like cashback cards and healthcare subscriptions, making it more than just a loan app. It is popular for its versatility and wide service base.
Key Features:
- Loan amounts: Up to ₹15,00,000
- Interest rate: Starting from 13.99% per annum
- Tenure: 3 to 36 months
- Additional features like cashback cards
Eligibility:
- Age: 21 years and above
- Salaried or self-employed with steady income
- PAN and Aadhaar mandatory
Why Choose It:
- Offers both loans and lifestyle features
- Instant approval and disbursal
- Wide loan range for different needs
10. PaySense
Website: https://www.gopaysense.com
PaySense is an RBI-registered NBFC-backed app that provides personal loans and flexible EMIs. It is a trusted platform with quick approval and disbursal within 48 hours. The app allows users to check eligibility instantly and apply without heavy paperwork.
It is popular among salaried and self-employed professionals who want mid-sized loans. The simple interface and trusted background make it a reliable option.
Key Features:
- Loan amounts: ₹5,000 to ₹5,00,000
- Interest rate: 16%–36% per annum
- Tenure: 3 to 60 months
- Partnered with multiple NBFCs
Eligibility:
- Age: 21 to 60 years
- Salaried or self-employed with income proof
- PAN and Aadhaar required
Why Choose It:
- Flexible EMIs and loan sizes
- Quick approval and trusted NBFC backing
- Suitable for both salaried and self-employed
11. StashFin
Website: https://www.stashfin.com
StashFin offers a digital credit line that works like a personal credit card but through an app. Once approved, users get a credit limit and can withdraw funds or use it for online payments.
Interest is charged only on the amount withdrawn. The app is popular among young professionals who prefer flexible borrowing. With an easy KYC process and instant approvals, StashFin has become a reliable credit line provider.
Key Features:
- Credit line: ₹1,000 to ₹5,00,000
- Interest rate: 11.99%–36% per annum
- Tenure: 3 to 36 months
- Flexible repayment
Eligibility:
- Age: 21 years and above
- Salaried or self-employed
- Minimum monthly income: ₹12,000
Why Choose It:
- Works like a digital credit card
- Interest charged only on used amount
- Simple and fast application
12. MoneyView
Website: https://moneyview.in
MoneyView is one of the most trusted loan apps in India, offering personal loans, credit lines, and expense management tools. It provides instant approval with minimal documentation and flexible repayment options. The app is widely used across India, with millions of downloads.
It also offers credit score checking for free, which helps users understand their borrowing power. With a smooth app interface, MoneyView is reliable for both small and big loan needs.
Key Features:
- Loan amounts: ₹10,000 to ₹5,00,00
- Interest rate: 16%–39% per annum
- Tenure: 3 to 60 months
- Free credit score tracking
Eligibility:
- Age: 21 to 57 years
- Salaried or self-employed with income proof
- PAN and Aadhaar required
Why Choose It:
- Trusted by millions across India
- Free credit score check included
- Fast disbursal and flexible EMIs
13. SmartCoin
Website: https://www.olyv.co.in/
SmartCoin is a popular instant loan app targeted at self-employed professionals and small business owners. It allows users to borrow smaller amounts quickly without heavy documents.
The app is useful for people in semi-urban and rural areas where access to traditional banks is limited. With simple steps and quick verification, SmartCoin is growing as a financial support option.
Key Features:
- Loan amounts: ₹1,000 to ₹2,00,000
- Interest rate: 20%–36% per annum
- Tenure: 3 to 24 months
- Fast verification process
Eligibility:
- Age: 21 years and above
- Salaried or self-employed
- Basic KYC documents required
Why Choose It:
- Great for small ticket borrowing
- Focus on rural and semi-urban customers
- Quick and easy app-based process
14. NIRA
Website: https://www.nirafinance.com
NIRA provides a personal credit line for salaried employees, which works like a flexible overdraft. Once approved, users can borrow as little as ₹5,000 and pay interest only on the used amount.
The app is popular among younger salaried professionals who need financial help between salaries. With simple documentation and fast approvals, NIRA has built trust among its users.
Key Features:
- Credit line: ₹5,000 to ₹1,00,000
- Interest rate: 18%–36% per annum
- Tenure: 3 to 24 months
- Interest charged only on withdrawn amount
Eligibility:
- Age: 21 to 55 years
- Salaried employee with minimum income ₹12,000
- PAN and Aadhaar required
Why Choose It:
- Small-ticket flexible credit line
- Pay interest only on what you use
- Fast approvals for salaried professionals
15. Bajaj Finserv
Website: https://www.bajajfinserv.in
Bajaj Finserv is one of India’s most reputed financial institutions with a strong digital presence. Its app offers personal loans, business loans, and credit line facilities. Known for high approval rates and trust, Bajaj Finserv is a preferred choice for users looking for higher loan amounts.
The app also offers EMI cards, insurance, and investment options. With strong brand reliability, it is one of the safest loan providers in India.
Key Features:
- Loan amounts: ₹30,000 to ₹25,00,000
- Interest rate: 12%–36% per annum
- Tenure: 12 to 84 months
- EMI card and additional services
Eligibility:
- Age: 23 to 55 years
- Salaried or self-employed with steady income
- Good credit history required
Why Choose It:
- Backed by a trusted financial brand
- High loan amounts and long tenures
- Extra services like EMI cards and insurance
How to Apply for a Cash Credit Loan Using an App
Applying for a loan through cash credit loan apps is very simple.
- Download the loan app from Google Play Store or App Store.
- Register with your mobile number and complete KYC with Aadhaar/PAN.
- Enter your income and bank account details.
- Get approval and know your credit limit.
- Withdraw money as per your need directly into your bank account.
Things to Check Before Using Cash Credit Loan Apps
Before selecting any cash credit loan platform, it is important to be careful.
- Make sure the app is linked with an RBI-registered NBFC or bank.
- Check interest rates and processing charges.
- Look at repayment flexibility and tenure.
- Read customer reviews and app ratings.
- Ensure that the app follows proper data security and privacy rules.
Advantages & Disadvantages of Cash Credit Loan Apps
| Advantages | Disadvantages |
| Quick approval and instant access to money | Higher interest than regular bank loans |
| Flexibility to withdraw and repay anytime | Risk of overspending if not managed well |
| No collateral needed for small loans | Penalty charges for late repayment |
Conclusion
Cash credit loan apps have made borrowing money very easy. They give instant credit, paperless approval, and flexibility for both personal and business use. However, it is important to use them carefully. Always choose apps linked with RBI-approved lenders and repay on time to avoid extra charges. If managed wisely, these apps can be a smart way to handle urgent financial needs.
FAQs
1. What is the difference between a cash credit loan and overdraft?
A cash credit loan is a borrowing facility given for short-term needs, while overdraft is linked to your current account and allows you to withdraw extra money than you have.
2. Can I get a cash credit loan without income proof?
Most apps require some income proof or bank statement. Without income proof, approval is difficult.
3. Are cash credit loan apps safe?
Yes, if they are linked with RBI-registered NBFCs or banks. Always avoid unverified apps.
4. What happens if I do not repay on time?
You will face penalty charges, higher interest, and it may also affect your credit score.
5. Can I use a cash credit loan for business as well as personal needs?
Yes, the money can be used for both purposes. The usage is flexible.