Top 5 Best Student Loan Apps Today: Being a Student comes along with various expenses especially when students have to no fixed income source, it becomes hard for students to handle tuition fees, college fees, food, rental, transport with additional higher education books and equipment expenditure in which parental income becomes hard to fulfill all at time. Students face tough times to pay which can impact on their ongoing studies and college practical and other activities.
At this time Students need Urgent Loan to fund their needs to complete their degree until they get a job. Instead of going into banks and spending hours waiting. You can apply for Instant Student Loan Apps online through your Mobile while sitting anywhere any time.
Student Loan Apps will help you solve your financial problems. These Loan apps provide instant loan online. They are fast-processing, easy to access, less documents and reliable to approve.
We have listed you Top 5 Best Student Loan Apps in India 2024. Before applying know their Interest rate, Eligibility criteria, Trust score, Processing fees, etc.
Current Top 5 Best Student Loan Apps in India 2024
There are many loan apps which gives Minimum Interest Rates with large paying dept period. In this duration students who are busy with higher degree education are not able to give attention. We have searched and listed the Best mobile friendly Apps and loan interest rate from minimum to higher. Here we have given information with Amount range, Eligibility and Interest rates.
| Name | mPokket | Pocketly | SlicePay | KreditBee | CASHe |
|---|---|---|---|---|---|
| Loan Amount (Min- Max) | Rs. 500- 30,000 | Rs. 500- 10,000 | Rs. 2000- 10 lakhs | Rs. 1000- 3 lakhs | Rs. 1000- 50,000 |
| Eligibility Criteria | 18- 30 years | 18 years | 18 years | 21 -56 years | 21 years |
| Req Document | College ID, Aadhar & PAN | College ID & Aadhar | College ID, PAN or Aadhar | PAN & Address proof | PAN & Aadhar |
| Interest Rates | 1- 6% | 1- 3% | 3% | 0- 29.95% per annum | 12- 30% per annum |
| Tenure Period | 3 to 9 months | 2 to 3 months | 3 months | 2 to 15 months | 3 to 36 months |
1. mPokket Student Loan App
This App is one of the best Loan App which is giving an minimum interest rate of 1% – 6% per month. It gives the loan amount starting from Rs. 500 to Rs. 30,000 with a tenure period of 60 to 120 days. Students will require documents such as College ID, Aadhar & PAN. The eligibility is 18 to 30 years.
2. Pocketly Student Loan App
Pocketly app is the best app for instant loan approvals within minutes. You get an interest rate of 1% – 3% per month. Loan amount ranges from Rs. 500 to Rs. 10,000. The repayment period is of 60 to 90 days. Minimum age required is 18 years.
3. SlicePay Student Loan App
Slicepay app is among the best apps in India as it has No-Fee Visa Card structure. It gives loan Rs. 2000 to Rs.10 lakhs and interest rate of 3% in which the repayment amount can be divided into 3 months. The eligibility to apply is 18 years with College ID, Aadhar or PAN.
4. KreditBee Student Loan App
This is India’s leading app providing loan from Rs. 1000 to Rs. 3 Lakhs with interest rate of 0% to 29.95% per annum. The Tenure period is upto 2 to 15 months. Eligibility is 21 to 56 years. Documents needed are PAN and Address Proof.
5. CASHe Student Loan App
CASHe app is an mobile leading app which provides interest rate of 12% to 30% per annum with fast and instant approval for students. This gives loan of Rs. 1000 to Rs. 50,000 with a period of 3 to 36 months. The required age is 21 years with PAN and Aadhar for loan approval.
These are some best students loan apps which will help achieve small goals anytime they need, we have listed and sorted with the amount of cash they provide. The loan approval process is as easy as it provides loan. Students can read details from documents required to the tenure period of payment of different apps per annum.
The loan apps in india is source for students who want instantly wherever you are, in situations from college fee payment to any condition of instant loan help, here we have mentioned the best 5 apps for students who can seek loan from Rs. 2000/- to Rs.3 Lakh. These apps are easy to use with low interest rates, documents verification and easy steps. Students can install the apps and apply.