Mpokket Instant Personal Loan Application Details Only three documents are required to apply for an emergency loan through the mPokket...
Mpokket Instant Personal Loan Application Details
Only three documents are required to apply for an emergency loan through the mPokket Instant Loan app. Check your eligibility in just two minutes and get an instant personal loan—from ₹500 up to ₹30,000—in a matter of minutes. Loans are issued by our RBI‑registered NBFC, mPokket Financial Services Private Limited. We are fully compliant with legal regulations.
Mpokket Applications Asking permissions:
Common Loan Details Mentioned From Mpokket Official Website And Apps Description
- Loan amount - Rs 500 to Rs 30,000
- Mpokket will allocate a credit limit of upto Rs 50,000 Based on your profile
- Interest rates - from 0% to 4% per month
- Tenure - 61 days to 120 days
- Processing fees between Rs 50 to Rs 200 + 18% GST depending on the loan amount Maximum Annual Percentage Rate 142%
Who can apply for a loan
✔Students - Yes, mPokket provides loans for College
Students.
✔Salaried Professionals - Get a personal loan at a take home salary of Rs 9,000 and above.
✔Get an instant personal loan for self-employed individuals of up to ₹50,000 in less than 10 minutes
Required Documents
✔College ID card for Students
✔ Last 3 months Bank Statement, Salary Slip/Joining Letter
for Salaried Professionals
✔ Aadhaar Card, Driving license, Voter ID card, etc.
✔ PAN Card
✔ Basic Personal and work informations
RealTime Loan Example
Loan Amount - ₹2000
Interest Rate – 3.25% per month
Repayment Tenure – 6Months
Fees and charges – ₹144.4
Disbursal Amount - ₹1856
Total repayment amount - ₹2182
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