Best loan app for students

Best loan app for students

If a student needs urgent money, then you can take loan from the loan application given below. But student I have a request to the students that if you guys take a loan, then the loan repayment timely so that there will be no problem in the future.

1.mpokket

mpokket is the best student loan app and salaried loan app.  Get instant loans for college students and instant loans for salaried employees.  Avail instant personal loans from Rs 500 to Rs 20,000.  Just open this online loan app and borrow it whenever you are short of pocket money or want to get instant cash loan in case of an emergency or much more to settle your travel plans.  Consider it as an alternative.  Manage everything with the best instant loan app.

Documents Required:

👉College ID card for Students

👉 Last 3 months Bank Statement, Salary Slip/Joining Letter for Salaried Professionals

👉 Aadhaar Card, Driving license, Voter ID card, etc.

👉PAN Card

👉KYC Details

2.Slice

Slice was born to reshape the financial experience for India's millennials.  We aim to provide you a simple, smart and transparent experience with modern design, innovative technology and superior customer experience.

 Download our app to apply for our flagship product, Slice Card.  This is a Visa card that comes with a pre-approved line of credit, specially designed for Millennials.  You can use Slice Card to make payments at over 5 million merchants online and offline (top merchants like Amazon, Flipkart, Myntra, Zomato, Swiggy, MakeMyTrip and many more).

Eligibility:

👉18 years and above

👉Indian resident

How to apply?

It is extremely easy to apply for the slice.  Download Slice App and fill your details and get paperless approval within 24 hours.

3.sahukar

Take Instant Udhar/Loan/Pocket Money in Paytm Wallet or Bank Account.

Sahukar is a digital lending platform that provides personal/pocket money loans to students to help them meet their financial needs like education and living expenses during their college life.

 We understand that during student life, there is often a cash crunch for small ticket expenses like tuition, fees, birthday or other occasions gift giving, extra classes, treating friends – there could be many reasons.  We step in to help the students so that they don't have to ask their friends or relatives.  We know this can often be embarrassing for students.

The credit limit and hence, the loan taken can be anywhere from ₹500 to ₹5,000.  The student can choose to take the loan in his/her Paytm Wallet or in his/her bank account.  There is absolutely no need to wait for next month's pocket money.

Borrow/loan/pocket money can be easily repaid in as little as 61 days and up to 91 days!

The interest rate is only 3% per month.  This means that the maximum interest rate per annum is only 36%.  For example, if you take a loan of 1000 for 3 months, after deducting the processing fee, the total interest payable is INR 30 x 3 = INR 90 only.

Students should note here that Sahukar is backed by an RBI registered legal NBFC as its partner.

4.pocketly

Pocketly offers instant cash on hand, anytime, anywhere!

 Specially for college students and salaried person.

For example

(Processing charges ₹20 to ₹120 + 18% GST. Interest rates range from 1% to 3% per month i.e. APR 12% to 36%. Tenure is 61-90 days. For example, if personal loan amount is ₹1,000 and  The applicable annual interest rate is 36%, the amount to be repaid at the end of 60 days tenure will be a processing fee and interest of ₹1,000 x 36% x 60/365 = ₹1090

 If you are a college student, or a salaried individual, Pocketly is the app for you!

 Pocketly is a secure app offering instant, short-term credit to empower college students in India.  Get loans and have cash on hand, anytime, anywhere!

Features:

  1. Amount ₹500 to ₹10,000.  By

  2. Get Credit

  3. Make timely payments to increase the credit limit.

  4. KYC and Underwriting

  5. Upload Documents and User Verification

  6. Debt Extension & Restructuring & Debt Refinancing