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Top 10 Best Personal Finance Apps in India 2024

Last Updated : 26 Feb, 2024
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In the present day, people rarely find time for themselves to monitor their income and expenditures. Apps that facilitate money and financial administration can be of great assistance in this regard. Numerous applications can offer financial guidance and automatically monitor your investments, income, and expenses.

This article discusses the top 10 best personal finance apps in India, their notable features, and benefits, and how they play a crucial role in managing our personal finance and guiding users in various ways.


These are the top 10 best personal finance apps in India:

1. ET Money
2. Walnut
3. Lio
4. Paytm Money
5. Groww
6. Goodbudget
8. Monefy
9. Money Manager
10. Dhani

10 Best Personal Finance Apps in India

1. ET Money

ET Money is one of the most sophisticated personal financial programs on the market today. With its cutting-edge technologies, you can choose from several mutual fund strategies. ET Money will not charge you any additional fees for the services that they provide. You can use this software for investing immediately in mutual funds as well as deposit accounts, insurance, and pension schemes. You can effortlessly maintain a record of your expenses and invoices while saving money on taxes! Your credit rating will be computed for free and available to you at all times. You may additionally apply for a loan through the app.

Founded In 2015
Founder Mukesh Kalra
Headquarters Gurgaon, Haryana, India
Owner Times Internet


  • Available in eight Indian languages.
  • Analysis of payment notifications.
  • Voice search.
  • Extensive market coverage.

2. Walnut

Walnut is a complete money management application that makes keeping an eye on your transactions straightforward. It will keep a record of credit card, internet banking, ATM, and mobile wallet purchases. Walnut maintains records of your expenditures and gives you monthly bill reminders. Graphs can be utilised to simplify things. You can also enter cash payments to get a more complete view. Walnut captures SMS data and categorizes prices based on their type. You can even make an expenditure budget for yourself on the app. One useful feature of this software is the ability to manage shared spending with friends and family and settle the amount via the app.

Founder & CEO Amit Bhor
Headquarters Pune, Maharashtra, India
Founded In 2014
  • It can help you find ATMs near you.
  • You are able to generate expense reports.
  • Examine your financial balance.
  • Make rail, taxi, movie, and activity reservations, among other things.
  • You share information about the places you visit with your friends and on social media.

3. Lio

Lio is an application that assists you in organising your life. Everything may be handled with the help of Lio, whether it is your house, office, school, or anything else. The program provides a variety of templates from which you may choose and begin utilising one based on your needs. You can also create your template depending on your own needs and specifications. You can use Lio to manage your business plan, staff, taxes, cash flow, consumers, competition, and everything else. Lio allows you to handle your entire business and keep on top of things. You can work on this with others and witness the changes as they happen in real-time. The software also allows you to upload and save crucial photographs and documents. One of the best advantages of Lio is that it is available in over ten regional Indian languages, allowing you to utilise the app and fully comprehend it. The app is accessible in a variety of languages, including Hindi, English, Telugu, Bangla, Marathi, Tamil, Gujarati, Kannada, Malayalam, and others.

Co-Founder & CEO Anupam Vijayvergia
Headquarters Jaipur, Rajasthan, India
Founded In 2020

4. Paytm Money

Paytm Money makes stock investing simple. While driving, you can set up price alerts, view your investment statements, and calculate brokerage fees. You can now monitor all market indices from the ease of your own home! You don’t need to visit multiple websites to set up alerts because Paytm Money provides all of the resources you need for a smooth trading experience.

CEO Varun Sridhar (Since 2020)
Parent Organisation One97 Communications
Founded In 20 September 2017
  • Simple search functions.
  • There are no transaction costs.
  • Cots are not required for digital KYC.

5. Groww

Groww was founded in 2016 by ex-Flipkart employees and is headquartered in Bangalore. Groww is an excellent tool for investing in mutual funds. It categorises plans based on investor demands, such as high-return savings, tax-saving investments, investments that beat FDs, and SIPs with a minimum commitment of ₹500, to name a few. You can also use the app to invest directly in equities and gold. The app is modified in real-time to provide real-time market updates. Groww allows you to make an application for IPOs with a single click.

Founded In 2017
Headquarter Bangalore, India
Founder Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal
  • Ordering requires fewer steps.
  • Monitoring lists can be personalised.
  • Several charting tools.

6. Goodbudget

You may find that you use this app every day for your personal financial needs. The program will track your expenditures for nearly everything you enter, including food, vacation, school, and more. It will analyse your spending patterns and periodically give you bill reminders. You will be able to determine whether you are going over budget and where your expenses are concentrated the most.

Founded In 2009
Founder Dayspring Technologies
  • Data backup that happens automatically.
  • Sensible payee and category recommendations.
  • Simple switching between accounts and envelopes.
  • Analyse your spending.
  • Any unused money will be carried over to the following month.


Every time a customer makes a payment on their credit card, CRED offers them benefits with attractive prizes to encourage them to do so. You can use this app to connect all of your bank cards and receive timely bill reminders. Different billing periods are not an issue for you because CRED will handle it. You receive reward points—each worth one rupee—when you make a payment.

Founded In 2018
Founder Kunal Shah
Headquarter Bangalore
  • Reward points are available for you to obtain.
  • Users are able to monitor their payment history.

8. Monefy

Monefy, a money monitor and financial organiser, lets you track receipts and payments in a variety of currencies. With strong password security, this software is completely safe and secure. Its built-in calculator assures that you never make a mistake when performing essential calculations! At any time, you can back up and export your data.

Founded In 2020
Chief Convenor Md Kamil 
Founder TSL and Tata Capital Wealth
  • Simple user interface.
  • Users can keep a multi-currency log.
  • Budget tracker function.
  • Synchronisation of Google Drive and Dropbox.
  • Passcode security.

9. Money Manager

Budgeting is made more enjoyable by money managers. When you pay a little charge to have access to additional features such as unlimited accounts and account control from a PC, you manually enter your spending and submit receipt photographs for the record. If you do not want third-party money management tools to have access to your financial transactions, Money Manager is an excellent choice.

Founders Gurdev Singh and Harbans Singh
Founded In 2015
  • Budgets and spending can be easily tracked.
  • Management of credit and debit cards
  • Bookmarking feature
  • Backup and restore functionality

10. Dhani

Dhani is a popular money management software in India. This program can be used for all of your financial needs. With the help of this app, for example, one can rapidly register a Demat account or apply for a personal loan. Furthermore, it allows you to handle your finances. This software also contains some additional recreational functions, such as the ability to play games for money or listen to an informative podcast. You can also use the Dhani Rupay card to make purchases at numerous stores across the country. Dhani provides a simple bill payment service that allows you to pay all of your payments in one location. Customers can use the Dhani App to pay for energy, water, gas, credit cards, loan EMIs, insurance premiums, and other services.

Founder Sameer Gehlaut
Founded 1995
Parent Company Indiabulls Ventures Limited 

Frequently Asked Questions (FAQs)

1. What exactly are Personal Finance Apps?

A personal financial application is a programme that you can install on your desktop, laptop, or smartphone to manage your personal finances. You may opt to track your income, expenditure, savings, repayment of debt, investment, or a combination of these things to improve your financial situation. Accounting software, which is used for monitoring a company’s revenue and spending, is not the same as these programmes.

2. Should I use a free or paid Personal Finance system?

When it comes to budgeting, everyone has their own preferences, including the desire to pay for a subscription-based budgeting programme. Both free and paid budgeting programmes have pros and disadvantages to consider. Although it may seem counterintuitive to spend money to save money, a membership app may be beneficial if you want to achieve long-term changes.

3. What characteristics should a Personal Finance App have?

Many personal finance apps include the ability to link your bank accounts. You can use the app to submit information about your income and consumer spending. Many applications can track and categorise your expenditure, allowing you to see patterns over time. These tools may assist you in identifying your spending trends and making more informed selections. Certain programmes include automatic savings, money-saving recommendations, bill alerts, access to credit ratings, and investing options.

4. How do I Create a Budget?

First, sit quietly for a few minutes and note everything of your income and expenses for the next several months. After you have a clear picture of your budget, you can start making changes. You’ll have a better idea of what expenses you can cut and where you may save money or pay off debt. Because a budget is not steady, you should review it once or twice a year, especially if your source of income or spending has changed dramatically.

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