Best expense tracker apps in India (2026)

Eight popular apps compared on price, how you add expenses, automation and privacy — including where our own app, Fyno, falls short.

Last updated: September 2026

The short answer

If you want spending logged automatically from bank SMS, use axio. If you want to log cash and UPI spends yourself in seconds — by voice in English, Hindi or Marathi, or by snapping the receipt — without giving any app your SMS or bank access, use Fyno. For a shared household budget, look at Wallet, Spendee or Goodbudget.

Disclosure: Fyno is our app. We’ve tried to be fair; every fact below comes from each app’s own website or store listing, checked in September 2026. Prices and features change — check the source before you decide.

Comparison at a glance

App	Price	How you add expenses	Automatic tracking
Fyno	Free, no ads	Typing, voice (English, Hindi, Marathi) or receipt photo	No — paste bank SMS to import
Money Manager	Free with ads; paid upgrade	Typing	No
axio (formerly Walnut)	Free to download	Automatic from bank SMS	Yes — reads transaction SMS
Wallet	Free for manual tracking; Premium (subscription or lifetime)	Typing, bank sync, file import (CSV, XLS, OFX)	Bank sync on Premium — check your bank is supported
Spendee	Free; Plus $14.99/yr; Premium $35.99/yr	Typing, bank sync, import	Bank sync — check your bank is supported
Monefy	Free; paid Pro upgrade	Typing (two taps), statement import	No
Goodbudget	Free; Premium subscription	Typing; bank import on Premium	Import on Premium
Cashew	Free, open source	Typing	No

How we compared them

We looked at what matters most for tracking spending in India: whether the app handles cash and UPI well, how much effort it takes to log a spend, what it costs, and how much access to your SMS or bank it needs. Apps are listed by approach, not by score.

1. Fyno

By Fyno · Free, no ads · Android (iOS in development)

A fast manual tracker built around three ways to log a spend: type it, say it, or photograph the receipt. Budgets per category, charts, and PDF/Excel export.

Strengths

Voice entry understands English, Hindi, Marathi and a mix of them
Receipt scanning reads the total for you
Guest Mode works offline with no account
Free with no ads

Limitations

Does not read your SMS inbox or connect to banks automatically
Tracks spending only — no income or recurring transactions yet
Android only for now

Best for: People who want to log cash and UPI spends in seconds, in their own language, without handing over bank or SMS access.

Soon

2. Money Manager

By Realbyte · Free with ads; paid upgrade · Android, iOS

A long-running, feature-rich manual tracker with double-entry bookkeeping, monthly category budgets and receipt photos attached to transactions.

Strengths

Very mature — 20M+ downloads on Google Play
Double-entry accounts for savings, loans and assets
Calendar view and detailed charts

Limitations

Manual entry only
Free version shows ads
Denser interface takes time to learn

Best for: Detail-oriented users who want accounting-style control over every account.

3. axio (formerly Walnut)

By axio · Free to download · Android, iOS

An SMS-based tracker that reads bank and card messages to log spends automatically. The expense tracker sits inside a wider fintech app that also offers Buy Now Pay Later and personal loans.

Strengths

Fully automatic tracking from bank SMS
Bill reminders and split expenses
Popular in India for years (as Walnut)

Limitations

Needs permission to read your SMS
Cash spends still need manual entry
Credit products are part of the same app

Best for: People who pay mostly by card/UPI and want tracking to happen with zero effort.

4. Wallet

By BudgetBakers · Free for manual tracking; Premium (subscription or lifetime) · Android, iOS, web

A full personal-finance manager with bank sync, multi-currency support, investment tracking and shared household budgets.

Strengths

Bank sync with thousands of institutions worldwide
Web app plus phone apps
Group sharing for households

Limitations

Automation is behind Premium
Indian bank coverage varies
More setup than a simple tracker

Best for: People managing several accounts, currencies or a shared household budget.

5. Spendee

By Cleevio · Free; Plus $14.99/yr; Premium $35.99/yr · Android, iOS, web

A polished budgeting app with shared wallets for couples and families. The free plan is limited to one cash wallet and one budget.

Strengths

Shared wallets on paid plans
Clean, visual design
Automatic categorisation

Limitations

Free plan: 1 wallet and 1 budget
Priced in US dollars
Indian bank coverage varies

Best for: Couples who want to track shared spending together.

6. Monefy

By Monefy · Free; paid Pro upgrade · Android, iOS

A minimalist manual tracker known for logging a purchase in two taps, with data kept on your device or your own Google Drive/Dropbox.

Strengths

Very quick manual entry
Data stays on device or your own cloud
150+ currencies, passcode and biometric lock

Limitations

Manual entry only
Unlimited accounts and recurring transactions need Pro

Best for: Minimalists who want the simplest possible manual tracker.

7. Goodbudget

By Dayspring Technologies · Free; Premium subscription · Android, iOS, web

A digital version of the envelope budgeting method: you give every rupee a job before you spend it. Syncs between household members.

Strengths

Envelope method builds strong budgeting habits
Household sync across devices
Web app plus phone apps

Limitations

Envelope budgeting has a learning curve
Built for the US market first

Best for: Households who want to plan spending ahead, not just record it.

8. Cashew

By James Kokoska (open source) · Free, open source · Android, iOS, web

An open-source budget and expense tracker that works locally with no account, with optional Google Drive backup, goals and subscriptions.

Strengths

Open source and free
No account needed
Flexible budgets, goals and subscription tracking

Limitations

Manual entry only
Community-maintained

Best for: Privacy-minded users who like open-source software and flexible budgets.

Which one should you choose?

You want tracking to happen automatically from bank SMS	axio
You want to log cash and UPI spends by voice, in Hindi or Marathi	Fyno
You want accounting-style control over every account	Money Manager
You manage several bank accounts or currencies	Wallet by BudgetBakers
You and your partner track spending together	Spendee
You want to plan every rupee before you spend it	Goodbudget
You want the simplest manual tracker	Monefy
You prefer free, open-source software	Cashew

Many people use two: an automatic SMS tracker for card and UPI payments, and a quick manual app for cash.

Frequently asked questions

What is the best free expense tracker app in India?

It depends on how you want to add expenses. For automatic tracking from bank SMS, axio is the best-known free option. For fast manual entry by voice or receipt photo without sharing SMS or bank access, Fyno is free with no ads. Monefy and Cashew are good free manual trackers too.

Which expense tracker reads bank SMS automatically?

axio (formerly Walnut) reads transaction SMS from Indian banks and cards to log spends automatically. Fyno does not read your SMS inbox; you can paste a bank SMS into it to import a transaction.

Is it safe to give an expense app access to my SMS?

SMS-reading apps see every message in your inbox, not only bank alerts, so read the app’s privacy policy first. If you’d rather not grant that access, choose a manual tracker such as Fyno, Monefy or Cashew and log spends yourself.

Can I track expenses without creating an account?

Yes. Fyno (Guest Mode), Money Manager, Monefy and Cashew can all be used without signing up. Your data then stays on your phone, so back it up or export it regularly.

Sources

Want to see what Fyno does in detail? Explore the features.