Top 10 Best Personal Finance Apps in India 2024
Many people find it hard to manage their money and keep track of their expenses and income. Fortunately, personal finance apps can make this much easier. These apps help you track your spending, savings, and investments in a simple and organized way.
In this article, we will look at the top 10 personal finance apps in India for 2024. These apps can help you manage your money, save better, and make smart financial decisions.
Top 10 Personal Finance Apps in India (2024)
- ET Money
- Walnut
- Lio
- Paytm Money
- Groww
- Goodbudget
- CRED
- Monefy
- Money Manager
- Dhani
1. ET Money
ET Money is an all-in-one app for managing money. It helps you invest in mutual funds, insurance, and pension plans. You can also track your expenses and save on taxes. It gives you your credit score for free and even lets you apply for loans directly through the app.
- Founded: 2015
- Founder: Mukesh Kalra
- Headquarters: Gurgaon, Haryana
- Key Features:
- Available in several Indian languages
- Tracks expenses and reminds you of bills
- Free credit score check
- Apply for loans through the app
2. Walnut
Walnut helps you track all your expenses, whether through credit cards, mobile wallets, or bank accounts. The app organizes your spending into categories and reminds you about upcoming bills. You can also manage shared expenses with friends or family.
- Founded: 2014
- Founder & CEO: Amit Bhor
- Headquarters: Pune, Maharashtra
- Key Features:
- Tracks all your spending
- Bill reminders
- Shared expense management
- ATM locator and travel bookings
3. Lio
Lio is a versatile app that helps you organize personal and business finances. It offers ready-made templates for budgeting, cash flow management, and more. You can also create your own templates. Lio is useful for both personal use and business planning.
- Founded: 2020
- Co-Founder & CEO: Anupam Vijayvergia
- Headquarters: Jaipur, Rajasthan
- Key Features:
- Customizable templates for personal and business finance
- Real-time collaboration
- Secure document storage
- Available in 10+ Indian languages
4. Paytm Money
Paytm Money is great for those who want to invest in mutual funds or stocks. The app lets you set up alerts, view your investment reports, and track stock market performance—all without transaction fees. It’s simple and user-friendly.
- Founded: 2017
- CEO: Varun Sridhar
- Parent Company: One97 Communications
- Key Features:
- Zero transaction fees
- Easy stock trading
- Price alerts and market updates
5. Groww
Groww is an app that helps you invest in mutual funds, stocks, and even gold. It categorizes investments based on your needs, like high-return savings or tax-saving plans. The app also gives real-time market updates and lets you apply for IPOs with a click.
- Founded: 2016
- Founders: Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal
- Headquarters: Bangalore, India
- Key Features:
- Invest in mutual funds, stocks, and gold
- Real-time market updates
- Easy IPO application
6. Goodbudget
Goodbudget helps you manage your money with an envelope budgeting system. It tracks your spending and helps you stick to your budget. The app also sends reminders and helps you analyze where your money is going.
- Founded: 2009
- Founder: Dayspring Technologies
- Key Features:
- Envelope budgeting system
- Bill reminders
- Automatic data backup
- Carry unused money to the next month
7. CRED
CRED rewards you for paying your credit card bills on time by offering points that you can redeem for prizes. It also reminds you when your credit card bills are due, so you never miss a payment.
- Founded: 2018
- Founder: Kunal Shah
- Headquarters: Bangalore, India
- Key Features:
- Rewards for timely credit card payments
- Bill reminders and payment tracking
- Exclusive offers for members
8. Monefy
Monefy is a simple expense tracker that helps you monitor your spending in different currencies. It keeps your financial data safe with strong password protection and lets you back up your data to Google Drive or Dropbox.
- Founded: 2020
- Founder: Md Kamil
- Key Features:
- Multi-currency support
- Secure login with password protection
- Expense tracking and budgeting
- Data backup and export options
9. Money Manager
Money Manager is an easy-to-use app for tracking your spending. It lets you manage multiple accounts and track expenses manually. This app is great for people who prefer not to share their data with third-party financial institutions.
- Founded: 2015
- Founders: Gurdev Singh and Harbans Singh
- Key Features:
- Budget tracking
- Management of multiple accounts
- Backup and restore features
- Control over your data
10. Dhani
Dhani is an app that offers many services, including loan applications, bill payments, and investments. It also lets you use a Dhani Rupay card for shopping at various stores. The app also includes entertainment features like games and podcasts.
- Founded: 1995
- Founder: Sameer Gehlaut
- Parent Company: Indiabulls Ventures Limited
- Key Features:
- Loans and investment products
- Bill payments for utilities and loans
- Dhani Rupay card for shopping
- Games and podcasts for entertainment
Conclusion
These personal finance apps are excellent tools for managing your money. Whether you want to budget, track spending, invest, or pay bills, these apps make financial management easier. As we move through 2024, these apps will continue to offer even more features to help you take control of your finances.
