Here are a few factors

Rating 4.5 /
Total - 558 ratings
Location PAN INDIA
CIBIL Score 650+
Minimum Salary Per Month 15000+
Salary Mode Neft, Rtgs,Company Transfer,Imps,Cheque & Upi
Applicant Age 21 Year to 57 Year
Loan Amount & Tenure 5000 to 25000
(1 Month to 6 Month)
Rate of Interest (Type) 13% to 36% (Reducing)
Processing Fees 1% - 4%
Processing Mode & TAT Processing: Online
TAT: same day
Foreclosure Charges 1%-4%
Part Payment Allowed No
OD Product NO
BT+TopUp No
Minimum Job Experience 3 month
Current Employer Business Vintage 3 Month Salary credit in ac
FOIR 70% of Net Salary
Whether Co-Applicant Mandatory No
No of Enquiry Allowed NA
USP 1. Funding to All Profile
2. Salary Slip not required
Negative Profile 1. NRI Employee
2. Cash Salary
Make the Process Easy with the Right Documents

Required Documents to Apply for Insta Money Personal Loan

  • KYC of Applicant (Adhar Card+Pan Card+Passport Size Photo)
  • Last 3 month Salary Slip
  • Last 6 month Bank Statement in PDF
  • Form 16 of last 2 year
  • Rent Agreement if rented or Utility Bill if residence is owned
  • Sanction Letter of all current running loan if any
  • Office ID Card or Official EMAIL ID if any

About InstaMoney Personal Loan

Now you can receive Personal Loans from InstaMoney with instant approval and minimal documentation. No hidden charges; it's a totally transparent process.Instant Loan up to Rs. 50,000 with a 2-hour disbursal. A fully digital process with adjustable loan terms. Direct Bank Account Transfer without any hassle. Whatever your need is, you can receive a personal loan instantly.

In Case of Any Query

Unit No. 5. Mezzanine Floor,
DLH Park, S V Road.
Goregaon West, Mumbai,
Maharashtra, India 400064
Visit Our Website

For the first step, you will have to visit our website to explore the loan options that fit your needs.

Select and Apply

Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.

Submit Your Document

One of the most important steps. Now you will have to submit all the required documents digitally.

Enjoy Your Financial Freedom!

Once your application is approved based on your eligibility, the amount will be disbursed to your account shortly.

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%
Leave Your Question


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

No, only salaried individuals are eligible for this loan.

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

The highest loan amount that you can avail of Insta Money is Rs. 50,000. 

The maximum repayment tenure of an InstaMoney Personal Loan is 5 months

RL Icon

Referloan Support