MyFi is available in: Australia | New Zealand | India

Emergency Loans

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We only offer loans from 1,000 to 500,000 INR.

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What are Emergency

Emergency cash loans are ideal for those who need a small amount of cash, for a short-term period, quickly. Once your application is approved, you will receive the emergency cash within 24 hours (with many cases being less than one hour), in order to help you deal with the financial emergency when you need it most.

Emergency loans are a form of an alternative payday loan but can be paid across a number of months rather than in one lump sum at the end of the month. Emergency loans are typically used to cover home and auto repairs, medical expenses and other unexpected bills. This instant loan helps to make them more affordable, giving you a more flexible and manageable repayment approach.

In many cases, you will also be considered for an emergency loan if you have less than perfect credit, from a responsible and reliable lender.

We help you find Emergency loans with best interest rates

Benefits of Emergency Loans

with MYFI

Online Approval Process:

Time is equally important during a financial hiccup, we understand that and hence make sure that getting access to the loan is made simpler for you.

Once you apply for an instant loan online, depending on your personal loan eligibility we connect to our lender network to find the best options available for you.

Fast Disbursal:

Once the online application is approved with the right documents, we make sure that you don’t have to wait in the time of need. Lenders disburse the money within 24hours. In many cases, the money is transferred to the bank account in less than an hour.

Longer Term:

Covering all unexpected expenses in your next paycheck is not always possible, hence MYFI offers a more flexible approach towards repayment on your emergency loan which can be paid over a few months.

If you have a financial emergency and need an instant personal loan, look no further and apply for a loan here at MYFI!



All personal loan lenders have their own set of criteria when evaluating a personal loan application. To apply for a personal loan through MyFi, you must check the boxes below:

Profession Type Salaried Only
Nationality Indian Only
Minimum Age 21 Years
Maximum Age 58 Years
Minimum Work Experience 1 Year
Minimum net Monthly Income INR 20,000
Method of receiving Income Bank Transfer Only
Please keep the below documents ready in PDF format when applying through MyFi:

Salary slips
(last 3 months)

Employee ID

PAN Card

Address Proof
(Driving License/Voter ID/Aadhaar Card, etc.)

Bank statements
(last 3 months)

How are emergency loans in India different from other types of credit?

Bad Credit Isn’t an Automatic Barrier:

It can be stressful and disheartening to get rejected automatically by the bank or other lenders because of a poor credit history, however, MYFI is different, you can request for a loan regardless of your credit score. The lenders in our network fairly assess personal loan eligibility on other factors such as employment status & income level before making a final decision.

They Are Ideal for Temporary Budgeting hitch:

Whether you’re facing an unexpected bill or need to make an upfront purchase, emergency loans are ideal for those temporary budgeting issues that can be solved when a few paychecks roll in. In that scenario taking out a large loan from the bank isn’t ideal & that’s why our lenders offer manageable amounts.

Reach Multiple Direct Lenders:

A major barrier that borrowers commonly face is having to approach a number of lenders until the ideal solution is found. This is time-consuming and inefficient, MYFI matches you to a network of lenders that will be willing to help you in your difficult situation

Just apply for a personal loan online with MYFI & we’ll do the rest. Knowing your personal loan status is simple with us.