No Collateral Required


11% R.O.I


No Income Proof

What is an
Instant Loan?

Instant Loan is a type of unsecured loan that is given by Banks and NBFCs to eligible borrowers at different rates of interest. It requires minimal documentation and the documentation can be completed online.

Get instant loan from My Mudra through the Digital Process. The Instant Loan interest rate starts from 11% P.A. Borrower needs to upload Aadhar Card, PAN Card, Bank Statement, and other required documents online on the portal. Instant loan approval will be sent to your email within hours and the loan shall be disbursed in no time.

What is an Instant Loan?

Eligibility Criteria
For Instant Loan

The Eligibility Criteria for Instant Loan are mentioned below:

1. Citizenship: Indian

2. Age: 21 years-55 years

3. CIBIL Requirement: 700 or higher

4. CIBIL Inquiry: Maximum 2 in a Month

Documents Required for Instant Loan

1. Aadhar Card

2. PAN Card

3. Bank Statement

Eligibility Criteria For Instant Loan

How to apply for
Instant Loan?

Apply for Instant Loan with the steps mentioned below:

1. Apply Online for Instant Loan.

2. Get the documentation done online on the portal.

3. Get to know your eligibility for Instant Loan in a click.

4. Get Quick Disbursal of Instant Loan in your account.

How to apply for Instant Loan?

Which banks to apply for Instant Loan

Banks and NBFCs Interest Rate
IDFC First Bank 14.99% p.a.
Bajaj Finserv 13% p.a
HDFC Loan 11% p.a.
Tata Capital 10.99% p.a.

Instant Loan EMI Calculator

Loan Amount



Interest Rate


Your Monthly loan emi Rs.23,537

Monthly amount paid to your loan provider

Interest rate

Total Payble Amount


your loan details as specified by you

Loan Amount
Interest Rate

Frequently Asked Questions
On Instant Loan

What is the interest rate for Instant Loan
The interest rate for instant Loan starts from 11% P.A.
What is the time interval of approval of instant loan?
Instant Loan can be approved within 24 hours.
What are the documents required for Instant Loan?
Borrower requires Aadhar Card, PAN Card, Bank statement for Instant Loan.
Can I get instant loan for 2 lakh rupees?
Yes, you can get instant loan by submitting your documents and check your eligibility for loan online.
What is the interest rate of taking Instant loan from My Mudra?
My Mudra offering interest rate of 11% for Instant Personal Loan.