9 Urgent Loan Apps for Students in India

Financial struggle is common, especially for students to manage their educational expenses when they are unemployed. Be it expensive courses, heavy fees of monthly tuition, essential study materials, or handling daily living costs, students definitely require financial help. Thankfully, we have an array of the best urgent loan apps that have been generated to remove the financial barriers from students’ lives.

These extremely helpful urgent loan apps make it simple for students to obtain loans with minimal documents. The entire process is completely easy, allowing any student to secure a decent loan amount with a few steps. Today, we will go through urgent loan apps for students and learn their features that make them beneficial during the educational journey. Let’s know further:

Urgent loan apps for students

1. mPokket

mPokket is one of the most popular and best urgent loan apps known for its amazing facility of instant loan amount disbursal. Students who need instant financial help in India should choose mPokket for the best results. It offers flexibility in the entire process with short-term loans that tend to get sanctioned instantly to the student’s bank account or Paytm account.

Features:

• Flexibility to the process
• Instant loan approval
• Considerable repayment time
• Affordable interest rate

2. KrazyBee

KrazyBee is another easily accessible online application in India that allows students to apply for a personal loan. It schedules easy monthly payments for students to lessen their burden of repayment. It has a faster loan approval facility, saving the precious time of students. KrazyBee has multiple offices in several states, helping you around the country.

Features:

• Student-friendly interface of the application
• Flexibility in uses of the loan amount
• Various repayment options
• Maximum 2000 Rs a student is allowed to spend monthly

3. KreditBee

The next on the list is KreditBee, a useful and the best urgent loan app for students in India. One can secure up to Rs. 300,000 with a minimal interest rate. Also, it has easy eligibility criteria with the least documentation, allowing every student to apply for it.

Features:

• A student can borrow from 100 rupees to 3,00,000 and more with a special case.
• The process of online student loan application is easy.
• The interest rate usually falls between 0% and 29.95%.
• Instant loan approval facility.

4. StuCred

Students tend to understand financial issues a student has to tackle. Hence, it offers the best of its version to students, letting them handle their finances independently with the quick loan availability.

Features:

• Secured place to upload documents for approval
• Students are allowed to apply for obtaining immediate cash
• StuCred makes the procedure quick and efficient.
• It helps in improving your credit score.

5. Slice Pay

With a few of the basic personal details, including your name, your college’s or institution’s name, your ID card, etc., Slice Pay provides you with an amazing student loan at minimal interest. These loans contain 30 to 90-day terms with at least a 3% interest rate per month.

Features:

• A student is allowed to secure 2,000 to 10 lakh rupees through the Slice Pay online app.
• It has the benefit of stretching out payments over three months for free.
• You will be eligible to get up to 2% cashback on each purchase.
• It can facilitate the process of transferring funds to your bank or PayPal through a Slice card.

6. Sahukar

Those students who are searching for a low loan amount should consider Sahukar’s urgent loan application. This urgent loan app for students in India offers up to 5,000 RS with an affordable interest rate of approx. 3% per month.

Features:

• You should be 18 years old to be eligible for it.
• The approval may take 24 hours or less.
• It requires minimal documents, including student ID and Aadhar card, etc.
• The tenure also ranges from one to three months only.

7. Eduvanz

Eduvanz is an innovative and trusted student loan application that offers study loans to students. Students can apply for a loan without any collateral or guarantor. Eduvanz aims to help every student around the country eligible to enrol themselves in their desirable course.

Features:

• Seamless procedure
• Starting interest rates are 0%.
• It finances various courses and institutions.
• Simple and user-friendly interface

8. Avanse

Avanse is known to provide education loans to students via mobile app. Students can use these loans for their skill development program, completing higher education, and achieving their dream to study abroad.

Features:

• Avanse believes in sanctioning the loan amount within 72 hours.
• It offer the customisable repayment option to ease the process
• Students receive professional guidance for the better decision.
• It tends to protect your personal and professional information.

9. Buddy Loan

Buddy Loan is also the best urgent loan app for students, providing the best loans on attractive interest rates. Students can borrow up to INR 15 lakhs using Buddy Loan with the simple procedure.

Features:

• Tenure can range from 6 to 60 months.
• A preferred choice for instant educational expenses
• No hidden charges
• Safe and secured student loan application

Final Note

These were the most useful Indian applications to manage the student expenses. These lending apps are known to offer quick or urgent loan disbursal. As borrowing became much easier than ever before, thanks to these apps helping students in lending money in India with ease. Though it is advisable to thoroughly read the terms and conditions ahead of signing to ensure you are applying in the right place.

Don’t wait any longer and get your urgent loan app for students downloaded right now for quick loan approval in India.