Yes, Loan in One Day is Possible at These Banks/NBFCs!

Loan in 1 Day


  • Did you know, you can get a loan in 1 day from HDFC and ICICI banks?
  • Best bet for emergency and instant cash needs.

Last month I met my college friend Satish who was in need of immediate cash for his father’s treatment. He was under the impression that a formal loan application will take about 3-4 days to get approved. As Satish didn’t have much time, he found one money lender who gave him the cash needed. Immediately after receiving the money, he told me about the money lender on a phone call. I told him to return the money back to the money lender. Satish hesitated but when I explained him the perils of vicious interest cycle that these informal lenders are infamous of creating, he obliged to my call. Further, I told him about those financial institutions where he can get a loan in one day and service the debt at better interest rates. He applied, received the loan in one day and got his father treated.

So if you are looking for institutions for a loan in one day, read the article further.

List of Banks That Offer Loan in 1 Day

BanksLoan Amount (In ₹)Response TimeInterest Rate (In % p.a.)Processing Fee (In ₹)TenureMode of Application
HDFC BankUp to 40 lakhs4 Hours10.99-20.991999Up to 5 YearsOnline, Branch
ICICI BankUp to 15 lakhsInstant upon application10.99-18.49Up to 2.25% of the loan amount + applicable GSTUp to 5 YearsATM, Mobile Banking Application, Branches
Bajaj FinservUp to 25 lakhsWithin 24 Hours10.99-16Up to 2% of the loan amountUp to 5 YearsOnline

What Exactly is Loan in One Day All About?

It’s actually a pre-approved personal loan based on your financials. The loan eligibility will, however, depend on your income, repayment capability and the overall financial standings.

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How to Get Loan in One Day at HDFC Bank?

You can either call the 24×7 customer care executive on any of the following numbers – 1800 22 4060, 1800 22 1006 or 1800 425 4332 to know whether you are eligible for a pre-approved loan or not. Even a net banking login and a visit to the bank branch can also let you know your eligibility. Once found eligible, you can apply either online or offline to get a loan in one day.

How Can You Get a Loan in One Day at ICICI Bank?

In the table above, you clearly saw an instant loan offering of as much as ₹15 lakhs from ICICI Bank ATMs. You can check the pre-qualified loan based on pre-checked scores. The process entails the following steps.

  • Visit the nearest ICICI Bank ATM
  • Select the pre-approved loan offer
  • A specific loan amount will be flashed on the screen based on your eligibility
  • Accept the auto populated interest rate, processing fee and Equated Monthly Installment (EMI) amount
  • Read the terms & conditions carefully before confirming them
  • Enter the debit card PIN
  • The money will then get transferred to your account instantly

You can even use the iMobile APP, the bank’s mobile banking application, to get the money transferred to your account. Other options include visiting the bank’s official website and nearest branches to get the loan transferred instantly to your account.

How to Avail a 1-day Loan at Bajaj Finserv?

Go online to check the pre-approved loan offer at Bajaj Finserv. All you need there is to enter your mobile number, personal e-mail ID and loan amount required before clicking on ‘Submit’ button. Subsequently, you will get to see the amount you are eligible to receive. You can thus apply for the loan online.

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Instant Loan also Possible Against Credit Cards

You can get a loan instantly against the credit card limit you may have. There are banks that tap into the need for such a loan offer. These banks include HDFC Bank, ICICI Bank, Axis Bank, etc.

  • Personal Loan Interest Rates March 2024
    HDFC Bank10.75% - 14.50%
    ICICI Bank10.75% - 19.00%
    IndusInd Bank10.25% - 26.00%
    Kotak Bank10.99%
    RBL14.00% - 23.00%
    SMFG India Credit12.00% - 24.00%
    Standard Chartered Bank11.49%
    Tata Capital10.50% - 24.00%
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