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5 RBI-Registered Financial Apps for Young Adults

These apps are part of the RBI-approved loan apps in India, providing young adults with accessible and convenient financial solutions.

 

KreditBee: KreditBee is a popular online lending app that provides instant personal loans to individuals, particularly young professionals and salaried individuals. It offers quick and convenient access to credit through its mobile app and website.

 

Kissht: Kissht is a digital lending app in India that offers instant loans and credit for various purposes such as shopping, travel, education, healthcare, and more. It aims to provide hassle-free and quick access to credit through its mobile app and website.

 

mPokket: mPokket is a leading instant loan app catering to the needs of college students and young professionals in India. Offering small loans ranging from Rs 500 to Rs 45,000, it provides swift financial solutions. With mPokket, loan approval takes just 10 minutes, ensuring one gets the funds needed quickly. Its 100% online application process simplifies financial transactions, while direct bank transfers guarantee secure and seamless fund delivery.

 

True Balance: True Balance is a digital lending platform that focuses on non-online payment users and those without a credit score. The company’s aim is to extend its services to reach the next billion users in India who are in need of financial assistance. The platform facilitates rapid disbursal of loans through a straightforward process ranging from Rs. 1,000 to Rs. 1,00,000.

 

LazyPay: LazyPay allows consumers to avail credit from INR 10,000 to INR 1,00,000 and return it in easy and convenient installments. The app also provides discounts and cashbacks on popular applications like Zomato, Swiggy, Amazon, or Flipkart.