5 Best Apps for Money Management in India

5 Best Apps for Money Management in India

Looking for the best apps for money management? Check out our top picks for budgeting, saving, investing, and everything from simple to sophisticated.

Are you tired of constantly worrying about overspending and struggling to manage your finances? It’s because 80% of Indian workers exhaust their pay before the end of the month. But worry no more! 

Thanks to the innovative technology available in India, managing your finances has become more accessible. With just a few clicks on your smartphone, you can track your expenses, set budgets, and invest your money wisely.

In this blog, we’ve handpicked the top free apps for money management available in India that will transform how you manage your finances. These apps are designed to cater to your unique financial needs, whether you’re a college student, a busy professional, or a retiree.

So, say goodbye to financial stress and hello to financial freedom with these top-rated apps for money management in India. Let’s dive in and explore the best apps that will help you take control of your finances and achieve your financial goals.

Why Use Apps for Money Management?

Money management apps track the position of your money. It includes the total money you make, your investment, and how much you spend and save.

However, these tools aim to help you stick to a budget that takes you a step closer to your financial goals every day.

5 Free Apps for Money Management

#1. Walnut 

Walnut has one of the best attractive and user-friendly interfaces, as they help you monitor your money through categories and graphs based on your incoming and outgoing cash, with high-security features to protect your financial data when storing and accessing it. 

Also, the Walnut app for money management services has several features, such as automatic expense tracking, budget planning, investment advice, bank account management, and more. 

Above all, Walnut is the best money manager app, ios, and Android, if you are looking for a friendly and trustable tool to manage your expenses. 

#2. ETMoney 

ETMoney is the most well-known and free money management app, in India, with a clean and user-friendly interface where you can easily track your expenses through graphs and charts graphically.

They use 256-bit SSL encryption to store data and a 4-digit PIN or fingerprint authentication to access data. 

As an app for money management services, ETMoney has some of the best features, including expense tracking, mutual fund investments, tax-saving investments, loan management, investment advice, and more. 

ETMoney is one of the best free money management apps for managing expenses and building a robust stock portfolio. 

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#3. Money Lover

Money Lover is another best money management app, India. It has an eye-catching and intuitive interface that allows you to view your income and expenses in various categories and charts.

The entire application depends on bank-level security measures, such as 256-bit SSL encryption and a passcode or fingerprint authentication, to protect your data. 

This best money manager app iOS and Android, has a few cool features like expense tracking, budget planning, investment and savings goal tracking, and multiple currency support. 

The overall growth of this application has earned it a rating of 4.4 stars on the Google Play Store and 4.6 stars on the App Store.

The app’s easy-to-use interface and ability to track expenses and budgets effectively are what people like most about this platform.

#4. Expense Manager

Expense Manager is another popular money management app with a user-friendly interface and a customizable dashboard that makes tracking your expenses uncomplicated.

The best part about this application is that you can personalize categories and set reminders per your spending habits. 

This app also comes with strict security features. They use bank-level encryption to protect your data, and the servers do not save any financial information already stored locally on your device.

As the best app for money management, Expense Manager also boasts a few features, such as tracking budgets and expenses, reporting, supporting multiple currencies, and more. 

Overall, an Expense Manager can be beyond helpful if you want to manage your finances more effectively.

Its simple interface, customizable features, and high-security approaches attract more people, as this application is easier to adapt.

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#5. Monefy

Monefy has a user-friendly, simple, and attractive interface. You can easily navigate the app’s features and access your financial data through clear, concise graphics and charts without worrying about security. 

Although this application does not follow bank-level encryption and cannot link to bank accounts, you can still access some of the best features, including easy expense tracking, budget management, customizable categories, data synchronization, and multi-currency support. 

Overall, Monefy can be the best app for money management if you want a straightforward personal finance management app.

However, this app is fundamental without any advanced features and can be the best choice only if you are looking for a basic understanding of how your money comes and goes. 


Managing finances is more than a skill in today’s world, which needs a focused mind, more time, and high effort to find the best approaches to understand your money better. 

Sometimes, doing so may drain your energy. And this is where the money management applications come into play.

Apps for Money Management are the substitute for manually calculating your expenses but with more advanced features.

Walnut, ETMoney, and Money Lovers are a few trending applications in India, among many others. However, conduct research before signing up for services. 


#1. Are money management apps secure?

Yes, many best money manager apps, iOS and Android, use bank-level security measures, such as encryption and two-factor authentication, to protect user data.

However, research the security measures used by the app you prefer to trust to ensure they are legal.

#2. Can I link all of my financial accounts to a money management app?

You can link all your bank accounts in one money management app India.

A little money management apps also allow you to connect credit cards, debit cards, and investment accounts.

However, you should do some research before signing up for an application.

#3. Are money management apps free?

Not every app for money management comes for free.

While some fundamental apps with limited features are free, apps with more advanced features charge money, and it also comes for free but with restricted features.

However, depending on your requirement, you must decide which platform suits you best.

Disclosure: Please note that some links on relearnfinance.com are affiliate links. We may receive a commission at no extra cost to you if you click through our links and make a purchase from our partners.

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