So, you’re looking to get a handle on your finances in India, but figuring out where to start can feel like a chore.
Between tracking expenses, setting budgets, and keeping up with investments, managing money is more complex than it looks.
The good news? Personal finance apps make it all so much simpler.
In this article, we’re diving into the best personal finance apps in India—apps that help you track spending, invest wisely, budget easily, and even plan for taxes.
Whether you’re an NRI returning to India or someone who just wants a smoother way to manage money, this list will have something for you.
Ready? Let’s explore the apps that make handling finances feel effortless.
In this article...
1. Walnut
Walnut is a popular app for expense tracking and budgeting, and it’s especially handy for keeping an eye on your bank balance and spending habits.
It automatically tracks your expenses by reading SMS notifications from your bank, making it a breeze to log transactions without any manual entry.
Tip: Use Walnut to set monthly budget limits and track expenses automatically. Share on XThis can save you time and help control overspending.
Why Indians Love Walnut:
- Automatic expense tracking via SMS.
- Customizable spending limits to help you budget.
- Monthly reports that make tracking progress easy.
2. ET Money
ET Money offers more than just expense tracking—it’s a full-fledged investment and wealth management app.
From tax-saving investments to goal-based planning, ET Money provides insights on mutual funds, insurance, and tax-saving instruments.
Plus, it has features for SIPs (Systematic Investment Plans), making it a great option if you’re looking to grow wealth in India.
Tip 💡 ET Money’s SIP calculator helps you estimate returns for long-term investments.a Share on XIt’s a valuable tool for anyone planning a financial future in India.
Why Indians Love ET Money:
- Direct mutual fund investments with no commissions.
- Insights into tax-saving options for Indian taxpayers.
- SIP management, insurance planning, and personal finance tools.
3. MoneyControl
If you’re an NRI or an investor with an eye on the Indian market, MoneyControl is a must-have.
Known for its comprehensive market insights, MoneyControl keeps you updated on stock prices, mutual funds, and other investment trends.
It’s an excellent choice for those managing a diverse portfolio and needing timely updates.
MoneyControl makes tracking investments in real-time much easier.
Why Indians Love MoneyControl:
- Real-time stock market updates.
- Investment tracking for mutual funds, bonds, and equities.
- Custom alerts to stay on top of portfolio performance.
4. GoodBudget
GoodBudget is all about the envelope budgeting system.
The app allows you to allocate income to different “envelopes” (categories) and stick to budgets for each.
GoodBudget isn’t linked directly to your bank, so there’s some manual entry involved, but it’s excellent if you want a more controlled, hands-on approach to budgeting.
This method encourages mindful spending.
Why Indians Love GoodBudget:
- Simple and effective budgeting method.
- Manual entry encourages mindful spending.
- Allows category-based budgeting with ease.
5. CRED
CRED is a unique app designed specifically for credit card users.
It rewards you for paying your credit card bills on time by giving you access to exclusive offers and discounts.
Not only does it help track your spending across multiple cards, but it also incentivizes good credit behavior, which can be useful if you’re rebuilding your credit score in India.
Tip 💡Pay your credit card bills through CRED to earn rewards and access exclusive deals. Share on XThis helps improve credit management while adding some perks.
Why Indians Love CRED:
- Rewards for on-time credit card payments.
- Tracks spending across multiple credit cards.
- Exclusive deals and discounts on premium brands.
6. Monefy
For those who want an easy, no-fuss way to track expenses, Monefy is a perfect choice.
It’s a minimalist expense tracker where you can log spending in a few taps.
Monefy’s simple design and focus on expense management make it ideal for people who want to stay on top of spending without the complexity of full budgeting or investment tools.
Why Indians Love Monefy:
- Simple and user-friendly interface.
- Great for quick, daily expense tracking.
- Minimalist features for straightforward money management.
7. MyUniverse
MyUniverse by Aditya Birla is a robust tool for financial planning and wealth management.
It allows users to track expenses, manage investments, and create budgets.
MyUniverse also provides insights on investments and savings, helping you keep a big-picture view of your financial health.
Tip 💡 MyUniverse’s financial health check gives you a snapshot of your overall finances. Share on XIt’s useful for anyone looking to get organized with wealth management.
Why Indians Love MyUniverse:
- Comprehensive wealth management features.
- Expense tracking, budgeting, and goal-based investment planning.
- Integrated with various financial institutions in India.
8. Splitwise
If you often split expenses with friends, family, or roommates, Splitwise can be a game-changer.
This app allows you to split bills and track shared expenses easily, ensuring everyone’s share is accounted for.
It’s especially useful for families and groups who travel or share household costs regularly.
Tip 💡Use Splitwise to manage and settle shared expenses with ease. Share on XPerfect for splitting household or travel costs with friends and family.
Why Indians Love Splitwise:
- Tracks shared expenses among groups.
- Avoids confusion over who owes whom.
- Easy to settle balances via UPI and other payment options.
Conclusion
Whether you’re focused on budgeting, investing, or tracking shared expenses, India’s best personal finance apps have a variety of features to meet your needs.
From the all-in-one financial management of ET Money to the rewards-driven model of CRED, each app offers a unique way to simplify and enhance how you handle money.
Sometimes, a combination of apps works even better!
Do you have a favorite personal finance app that’s made a difference in how you manage your finances?
Or maybe a tip on how you’ve used these tools for your own money goals?
Share your thoughts in the comments below—your experience might just help someone else!