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Insta Money Personal Loan

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Location PAN India
Loan Amount ₹ 5,000 - ₹ 25,000
ROI 24%-35.88% per annum
Repayment Tenure 3 months - 5 months
Assessment Fees Rs. 199
Amount Disbursed Within 2 Hours*
Prepayment Charges No
Processing Fees 0-5% of Loan Amount Used

You know what they say, “When the going gets tough, the tough get going.” And no matter how hard times are, you have to figure out a way to pull through and make it all work somehow. That's exactly what our clients have been doing for many years now – working hard just to make sure that their family doesn't go hungry and to provide their families with all the things they want. Well, as far as we're concerned, all our users are important to us and every last one of them deserves the same level of service and care if they need a personal loan, And that is exactly what we do at InstaMoney Personal Loan App, we work day in and day out to provide reliable loans with an unmatched service experience, anytime your customers need it. As the name suggests, InstaMoney is a service that aims to take away all the pain points of taking a loan.

InstaMoney is an instant personal loan app used by 3 million+ people in India. The app offers instant cash loans for various purposes such as medical emergencies, credit card payments, school fees, and advance salaries. The loan application process with InstaMoney is completely digital and the user gets money in his bank account between 10 minutes to 2 hrs after application. To date, InstaMoney has disbursed more than Rs 2500 Cr+ (25 billion rupees) of disbursements. Their industry-leading integrations with BharatPe and GPay have given us in-depth knowledge and learnings about tech partnerships within a compliant framework

Here are a few factors about InstaMoney Personal Loan

Location PAN India
Loan Amount ₹ 5,000 - ₹ 25,000
ROI 24%-35.88% per annum
Repayment Tenure 3 months - 5 months
Assessment Fees Rs. 199
Amount Disbursed Within 2 Hours*
Prepayment Charges No
Processing Fees 0-5% of Loan Amount Used

Highlight of InstaMoney Personal Loan

  • Flexible repayment tenure
  • Cash transfer in minutes
  • Interest only on the amount used
  • No Credit History Required
  • Global Standard of Security
  • No paperwork
Note: *Credit history required if you are residing in New Delhi, Uttar Pradesh, Bihar, Odisha,Jharkhand, Chattisgarh, and West Bengal
Eligibility Documents Required
  • The applicant’s age must be between 21 to 45
  • The applicant must be an Indian Citizen
  • The applicant must be salaried individual
  • The minimum salary of the borrower should be Rs. 12,000
  • Full salary of the borrower must be received in the bank account
  • Selfie
  • PAN card
  • Aadhaar Card/Address ID proof
  • Bank statement

Why InstaMoney?

  • 3 million+ users in India
  • Over ₹ 5 Billion Loan Disbursement
  • Loan Disbursement within 2 hrs
  • Apply and Pay through App
  • Multi Purpose Instant Loan
  • No Paperwork

Let us take an example, How EMI is being calculated


For instance, if "Shubham" applies for a InstaMoney Personal Loan of INR 20,000 and get the loan sanctioned at the rate of 36% with a tenure range of 4 Months , in such a case his EMI would be INR 5,381 and complete repayment amount till the end of 4 months tenure would be INR 21,522 (i.e 5,381 EMI * 4 months), wherein the total interest amount is INR 1,522 along with principal repayment of INR 21,522. Few additional charges like those of minimal one-time processing fee ranging from 0-5% of loan amount, T& C apply.

Year Principal (A) Interest (B) Total Payment (A+B) Balance Principal Loan Paid Till Date
2022 ₹ 20,000 ₹ 1,522 ₹ 21,522 ₹ 0 100.00%
Aug ₹ 4,781 ₹ 600 ₹ 5,381 ₹ 15,219 23.90%
Sep ₹ 4,924 ₹ 457 ₹ 5,381 ₹ 10,296 48.52%
Oct ₹ 5,072 ₹ 309 ₹ 5,381 ₹ 5,224 73.88%
Nov ₹ 5,224 ₹ 157 ₹ 5,381 ₹ 0 100.00%

FREQUENTLY ASKED QUESTIONS

Have a question? We've got answers!

The interest rates of InstaMoney Personal Loan are from 24% to 35.88% per annum.

Only salaried individuals are eligible for Insta Money personal loans.

The InstaMoney application employs global data encryption standards to ensure the safety of your data.

The highest loan amount you can avail of Insta Money is Rs. 25,000.

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