Looking for Flexible Loan Apps? These Alternatives Are Worth Checking Out.
You’ve probably come across Slice, a credit-based payment app popular among young users for its simple pay-later features. But here’s the thing: while Slice might work for some, it’s far from the only option out there.
In fact, many apps now offer more flexible repayment plans, better rewards, and even broader credit access—all without the limitations you might face with a single platform. Whether you’re after smoother EMI conversions, higher credit limits, or a cleaner user experience, it pays to explore what else is available.
In this guide, we’re walking you through the top alternatives to Slice in 2025, apps that go beyond just “buy now, pay later,” and give you smarter ways to manage your money.
Let’s dive in.
What Are Digital Lending Platforms?
A digital lending platform is an online service or mobile app that allows individuals to apply for and receive loans through digital channels, without needing to visit a bank or fill out piles of paperwork. These platforms leverage technology like AI, automation, and real-time verification to make borrowing faster, more accessible, and user-friendly.
Whether it's a small personal loan, a student loan, or a buy-now-pay-later option, digital lending platforms help borrowers get access to credit in just a few taps, often with instant approvals and minimal documentation.
Key Features and Benefits of Digital Lending Platforms
- Fully Online Application
- From registration to loan disbursal, everything happens on your phone or laptop no need to visit a branch.
- Fast Approvals & Disbursals
- Loans are processed quickly, often within minutes to a few hours, making them ideal for urgent needs.
- Minimal Documentation
- Just basic KYC documents like Aadhaar, PAN, and a bank statement are usually enough to get started.
- Personalised Offers
- Many platforms use AI to assess your profile and offer loan terms (amount, tenure, interest) that match your financial background.
- Flexible Loan Options
- Borrowers can choose from short-term loans, credit lines, EMIs, or BNPL services depending on their needs.
- Secure & Transparent Process
- Reputable platforms are RBI-compliant and use encryption to protect your data and ensure fair lending practices.
- Credit Score Building
- Timely repayments are often reported to credit bureaus, helping you build or improve your credit history.
With features and flexible options, instant loan apps are quickly becoming a go-to financial tool for anyone looking to manage money more efficiently and handle expenses with ease.
Eligibility and Documentation Required for Alternative Apps
Most daily loan apps have simple eligibility criteria and require minimal documentation to ensure a hassle-free borrowing experience. Here’s what you typically need to qualify for a loan:
1. Eligibility Criteria
- Age Requirement – Usually between 18 to 40 years, depending on the lender.
- Income Source – Open to salaried employees, self-employed individuals, and freelancers. Some apps may have minimum income requirements.
- Credit Score – While some apps require a good credit score (650+), others approve loans based on transaction history or spending patterns.
- Citizenship – Must be an Indian resident with a valid bank account and active mobile number.
2. Documents Required
- Identity Proof – Aadhaar Card, PAN Card, or Voter ID.
- Address Proof – Aadhaar Card, Passport, Utility Bill, or Rental Agreement.
- Income Proof – Salary slips, bank statements (for salaried individuals), or ITR filings (for self-employed individuals).
- Bank Details – A valid bank account for loan disbursal and EMI payments.
Since most apps follow a 100% digital process, you can upload these documents online for instant verification, making the loan approval process quick and seamless.
Top 10 Alternatives to the Slice App You Can Try
If you’re exploring digital credit options for daily spending, unexpected expenses, or managing monthly bills, you don’t need to stick to just one app. The market today is full of smarter, more flexible lending platforms that offer credit lines, pay-later options, easy EMIs, and reward-based payments, without all the traditional banking hassle.
These platforms are built to give you more control, better transparency, and faster access to credit, all from your smartphone. Whether you're a student, freelancer, or young professional, there’s likely a platform that fits your financial style.
Here’s a clean and easy-to-read comparison table of the Top 10 Alternatives to the Slice App.
| Platform | Loan Amount | Interest Rate (Monthly) | Processing Fee | Key Features |
|---|---|---|---|---|
| Pocketly | ₹1,000 – ₹25,000 | Starts with 2% | 1% – 8% | Student-friendly instant loans with quick approval and flexible repayment. |
| UniPAY | ₹1,00,000 – ₹10,00,000 | 2.63% – 2.79% | None | 3-month no-interest EMIs with cashback; no processing fees. |
| OneCard | Based on credit assessment | 3.49% | 2.5% of cash advance | Metal credit card with high rewards and complete app control. |
| LazyPay | Up to ₹5,00,000 | 1.5% – 2.6% | 2% of the amount used | UPI-based pay-later option with loan facility and paperless KYC. |
| PostPe | Up to ₹10,00,000 | 1.50% | 2.5% of loan amount | Buy Now, Pay Later app with zero-interest period and monthly bill tracking. |
| KreditBee | ₹6,000 – ₹10,00,000 | 1% – 2.37% | Up to 5.1% + GST | Fast personal loans with flexible tenure and minimal paperwork. |
| CASHe | ₹1,000 – ₹3,00,000 | Starting at 2.79% | 2.5% of loan amount | Social credit-based lending; quick loans with flexible tenures. |
| PaySense | ₹5,000 – ₹5,00,000 | 1.4% – 2.3% | 2.5% – 3% | Quick approval, flexible EMIs, and paperless process. |
| MoneyTap | ₹25,000 – ₹5,00,000 | 1.08% | ₹499 (one-time setup fee) | Credit line with interest charged only on the amount used. |
| Bajaj Finserv | Up to ₹25,00,000 | 0.83% – 2.58% | Up to 3.93% of loan amount | Large loan limits, flexible repayment options, and fast approvals. |
Let’s look at some of the most popular and trusted alternatives in 2025:
1. Pocketly – Student-Friendly Instant Loans
If you're a student who’s ever been short on cash before the end of the month or needed urgent money for exams, travel, or rent, Pocketly is designed exactly for you. It's one of the few digital lending platforms in India that caters specifically to students, offering quick, small personal loans—even if you don’t have a steady income or credit score.
The app is super simple to use and doesn’t drown you in paperwork. From signing up to receiving the money, the process takes just a few minutes, making it perfect for emergencies or last-minute needs.
Key Features
- Flexible Repayment Options: Choose from a variety of repayment terms tailored to your financial situation.
- No Hidden Charges: Transparent fees upfront, ensuring a worry-free borrowing experience.
- For Everyone Focused: Our app is designed for students and self-employed professionals, providing easy access to credit without strict eligibility criteria.
- Quick Disbursal: Loans are disbursed within minutes, making them ideal for urgent needs.
- Flexible Repayment: Choose repayment plans that suit your financial situation.
- User-Friendly Interface: Apply for, track, and manage loans seamlessly through the mobile app.
- 24/7 Availability: Apply anytime, day or night, without waiting for business hours.
- Low-Interest Rates for New Users: First-time borrowers get attractive, lower interest rates.
- Transparent Terms & Conditions: No hidden fees or surprises, ensuring a clear borrowing experience.
Benefits
- Stress-free borrowing for students who aren’t eligible for traditional loans.
- Builds early credit history if repaid on time.
- User-friendly interface makes the app easy to navigate, even for first-time borrowers.
- Promotes financial independence without relying on parents or friends for small expenses.
Best For: College students and first-time borrowers who need small, short-term loans with minimal documentation and quick disbursal, especially those without a credit score or income proof.
2. UniPAY – Simple Installment Payments with Cashback
If you love the idea of buying now and spreading the payment over a few months, without getting into debt traps, UniPAY is made for you. It lets you split your spends into three equal, interest-free payments, all without needing a traditional credit card or paying extra fees.
UniPAY is perfect for users who want short-term flexibility with zero complications. It’s as easy as shopping, scanning, and scheduling your payments—all in one go.
Key Features
- Split your payments into 3 monthly installments—completely interest-free.
- No processing fee or hidden charges on EMIs.
- Cashback rewards on timely repayments.
- Easy-to-use app with real-time tracking and reminders.
- Instant approval with a soft credit check—no hard inquiries.
Benefits
- Helps manage bigger purchases without financial pressure.
- Encourages timely repayments with cashback incentives.
- No need for credit cards or complex loan documentation.
- Transparent terms with no fine print surprises.
- Fast onboarding—get started in minutes.
Best For: Anyone who wants flexible EMIs without paying interest, especially students or young professionals looking to manage expenses on a tight monthly budget
3. OneCard – Premium Credit Experience with Full Control
If you’re ready to take the next step toward a full-featured credit card, without giving up on flexibility and control, OneCard is a powerful choice. It combines the convenience of a digital app with the feel of a sleek, metallic credit card.
Everything, from setting your limits to tracking rewards, is controlled through the app. Plus, there’s no annual fee and great reward rates, making it ideal for users who want more from their card.
Key Features
- Real-time card controls from the app—freeze/unfreeze, set limits, track spends.
- Premium metal card with no joining or annual charges.
- EMI conversion options for large transactions.
- High-value reward points on all spending.
- Instant digital card access upon approval.
Benefits
- Ideal stepping stone from pay-later apps to real credit usage.
- Transparent billing, smart notifications, and no hidden costs.
- Great for building a strong credit profile over time.
- Strong reward program, especially for lifestyle spends.
- Premium look and feel—great for status-conscious users.
Best For: Young professionals and students with a stable income or a decent credit score looking for a zero-fee credit card experience with premium benefits.
4. LazyPay – UPI-Based Pay Later Simplicity
Need to pay today but only want to settle the amount later? LazyPay is perfect for exactly that. With UPI-based deferred payments and buy now, pay later options, it gives you the flexibility to delay payments while keeping things simple and fee-free (if paid on time).
LazyPay is a solid alternative for those who want quick credit for everyday purchases without the burden of a full credit card.
Key Features
- UPI-based deferred payments—pay now, settle later.
- Instant credit approval with basic KYC.
- Option to convert purchases into EMIs if needed.
- No joining fees or annual charges.
- Built-in reminders and repayment tracking in the app.
Benefits
- Ideal for managing short-term cash flow without interest.
- Fast setup—get started with just your PAN and phone number.
- Great for online shopping, utility bills, and food delivery apps.
- Helps build payment discipline and early credit history.
- Seamlessly integrates with most payment platforms and apps.
Best For: Frequent online shoppers, students, and casual spenders who want a quick, low-commitment pay-later option without needing a full credit line.
5. PostPe – Credit Card-Like BNPL Experience
If you like the structure of a credit card but want something more modern and flexible, PostPe is a fantastic option. It allows you to spend now and pay later, both online and offline, with a monthly bill cycle and interest-free period.
With a credit limit based on your CIBIL score, PostPe gives you the feel of traditional credit with a fully digital experience—and no physical card needed unless you want one.
Key Features
- Monthly credit limit based on your financial profile.
- Use for QR code payments, shopping, bills, and subscriptions.
- No-interest period on payments within the billing cycle.
- One consolidated bill each month.
- Quick onboarding and approval within the app.
Benefits
- Combines the flexibility of UPI with the structure of a credit card.
- No pressure to repay instantly—perfect for controlled spending.
- App tracks all your spending, dues, and credit usage.
- Works offline at local shops and on major online platforms.
- Helps build your credit score if used responsibly.
Best For: Users who want credit card-like freedom without the paperwork or bank hassle, ideal for online and offline shoppers who prefer monthly repayments.
Looking for quick money without the wait? Read this guide to discover the Top instant cash and spot loan apps in India that offer fast approvals, easy access, and zero hassle.
Selection Criteria for Choosing the Right App Alternative
With so many digital lending and pay-later apps out there, it’s easy to get overwhelmed. But not all platforms are created equal. Some offer better flexibility, others are great for building credit, and a few come with hidden fees you’ll want to avoid.
So, before you sign up or borrow from any app, it’s important to know what really matters. Here's what you should look for when comparing app alternatives to make sure you pick one that fits your lifestyle and financial habits.
Key Things to Consider:
- Flexible Payment Options
- Look for apps that offer repayment choices—like EMIs, pay-later features, or monthly billing—so you can stay in control of your budget.
- Credit Access & Eligibility
- Make sure the app offers loans or credit limits suited to your needs and accepts users with limited credit history if you’re just starting out.
- Rewards & Cashback Programs
- Some platforms offer points, discounts, or cashback for using their services. If you’re a frequent user, this can be a nice bonus.
- Ease of Use
- A clean, intuitive interface with real-time notifications and easy tracking makes the borrowing experience smooth and stress-free.
- Transparent Terms & No Hidden Fees
- Always check the fine print. A good app will clearly explain interest rates, late fees, and repayment terms upfront—no surprises.
- Quick Onboarding & KYC Process
- The best platforms let you sign up and get approved within minutes using basic KYC documents like PAN and Aadhaar.
- Data Privacy & Security
- Choose apps that follow RBI guidelines and protect your personal information with strong encryption and safe data practices.
Common Mistakes to Avoid When Using Credit or Pay-Later Apps
Digital lending apps make borrowing easier than ever, but convenience shouldn’t lead to carelessness. Whether you’re using Pocketly, UniPAY, or any other alternative to Slice, keeping a few key points in mind can save you from unnecessary stress or debt down the line.
Here are the most common mistakes you should avoid:
- Borrowing More Than You Actually Need: Just because the app offers you a high credit limit doesn’t mean you should take it. Only borrow what you need and can realistically repay without straining your monthly budget.
- Missing Repayment Deadlines: Forgetting to repay on time can lead to late fees and impact your credit score. Set reminders or auto-payments if possible to stay on track.
- Not Reading the Fine Print: Many users skip reading the terms. Always check the interest rate, processing fee, repayment schedule, and penalty charges before agreeing to the loan.
- Applying on Multiple Platforms at Once: Applying for credit on several apps simultaneously may lower your credit score and signal risk to lenders. Stick to one trusted app at a time.
- Using Loans for Impulse Spending: It's easy to spend borrowed money on non-essentials like shopping or food delivery. Avoid making these apps a habit for lifestyle expenses—use them only when truly necessary.
- Ignoring Credit History and Score: Even if the app doesn’t ask for a high credit score now, your repayment activity is still reported. Consistent late payments can hurt your chances of getting future loans.
- Trusting Unregulated Apps: Some apps may seem convenient, but aren’t RBI-approved or secure. They might misuse your data or charge hidden fees. Always use verified, well-reviewed apps with proper privacy policies.
Quick Tip: Use these apps as financial tools, not as a substitute for income. Borrow smart, pay on time, and you’ll build good credit habits that help in the long run.
Whether it’s a sudden project expense, exam registration fee, or just getting through the month, Pocketly helps you bridge the gap with instant cash, easy approvals, and zero paperwork. So you stay focused on your studies, not your finances.
Why Pocketly is the Best Choice for Instant Personal Loans
- Instant Approvals & Quick Disbursal – Need cash fast? With Pocketly, your loan gets approved within minutes, and the money is credited to your account almost instantly.
- Flexible Loan Amounts – Whether it’s a small emergency expense of ₹1,000 or a bigger need of up to ₹25,000, Pocketly offers loan options that fit your requirements.
- Minimal Documentation – No lengthy paperwork or complicated forms. Just submit basic KYC documents, and you're good to go!
- Transparent Fees – No hidden charges or surprises. You’ll know your interest rates and processing fees upfront so that you can plan your repayments easily.
- No Credit Score Barriers – Even with a low or limited credit score, Pocketly gives you a fair chance to access funds, unlike traditional banks that may reject your application.
- Flexible Repayment Options – Get a repayment plan that fits your budget, making loan repayments stress-free and manageable.
How to Apply for a Personal Loan via Pocketly
With just minimal yet simple steps, you can get the funds you need without the delays.
- Download and Sign Up:
- Start by downloading the Pocketly app from the App Store or Play Store. Create an account using your mobile number—it’s fast, secure, and user-friendly.
- Upload Your Documents:
- No more dealing with endless paperwork. Simply upload your KYC documents through the app, it’s quick, secure, and straightforward, taking only a few minutes.
- Select Your Loan Amount:
- Choose an amount that suits your needs, whether it’s a smaller sum of ₹1,000 or something larger, like ₹25,000. Pocketly ensures flexibility to cater to your requirements.
- Quick Approval:
- Once your application is submitted, Pocketly’s system reviews it instantly. Most loans are approved within minutes, eliminating the usual waiting period.
- Receive Funds Immediately:
- Once approved, the loan amount is credited directly to your bank account. This swift process ensures that you have the money exactly when you need it.
With Pocketly, you get a hassle-free borrowing experience that’s quick, transparent, and tailored to your needs, just the way it should be!
Want to know how personal loans really work? Read this guide to understand each Step of the application process, so you can apply with confidence and avoid surprises.
Conclusion
When it comes to managing your finances as a student or young professional, having the right credit or pay-later app can make a world of difference. Whether you need to cover a surprise expense, buy something essential, or just want a little breathing room before payday, there’s a smarter, faster alternative out there.
From flexible EMIs to instant approvals and reward-packed spending, these platforms are built to fit your lifestyle, not the other way around. The key is to borrow responsibly, compare your options, and always choose a platform that’s transparent and trustworthy.
And hey, if you’re ever in need of a quick, no-hassle loan, Pocketly’s got your back. It's fast, student-friendly, and stress-free—just the way borrowing should be. Ready when you are!
FAQs
How long does it take to complete a personal loan application?
Most digital lending apps allow you to complete the application in just 5–10 minutes. With basic KYC documents and a stable internet connection, the process is quick, and in many cases, approval and disbursal happen within a few hours.
What loan amounts can I apply for?
You can borrow ₹1000 to ₹25,000, depending on your eligibility and needs. It’s perfect for covering small and urgent expenses.
What documents are needed?
Only basic KYC documents—PAN card, Aadhaar card, and bank statement—all uploaded online. You don’t need to deal with any physical paperwork.
Do I need a credit score?
No credit score is required. Pocketly welcomes first-time borrowers, too. It’s designed for everyone, including those new to credit.
What are the repayment options?
Flexible EMIs allow you to choose a repayment plan that fits your budget. You’ll have complete control over how you repay.