MPokket Instant Loan App
Key Features
✔ Instant Personal Loan up to Rs.30,000
✔ Cash Transfer to Bank/Paytm Account, Cash Loan in 2 Minutes
✔ Flexible repayment options, repay in 4 months
✔ Rewarded for on time payments
✔ The processing fee ranges from Rs 34 to Rs 203 + 18% GST with a maximum APR of 120% depending on the loan amount.
Interest rates range between 1% to 6% per month. The maximum tenure is 120 days.
For example, for a student or salaried personal loan –
Loan Amount – Rs 2000
Tenure – 3 months
Interest Rate – 2%
Processing Fee – Rs 203
GST on processing fee – Rs 37
Total interest – Rs 120
April – 72%
The loan amount is Rs 2000, the disbursed amount is Rs 1760. Total loan repayment amount is Rs 2120
In addition, we are governed by RBI and have our own NBFC license. We are legally compliant and well regulated
Eligibility Criteria
✔Students – Yes, mPokket offers loans for college students.
✔Salaried Professionals – Avail Personal Loan on Take Home Salary of Rs.9,000 and above.
Any student or salaried individual, All India is eligible for instant loan through our app. To avail instant personal loan, a student must be above 18 years of age and must have a valid college ID card. As an instant cash personal loan app for the salaried people, mPokket provides loan to the salary earners in bank account or through cheque. mPokket provides a reliable and secure payment system without compromising their information.
Required Documents
The verification process of mPokket is very easy and fast and is considered to be one of the best online loan apps (personal loan apps) in India. To get instant personal loan, submit the documents-
✔ College ID Card for Students
✔ Last 3 Months Bank Statement, Salary Slip / Joining Letter for Salaried Professionals
✔ Aadhar Card, Driving License, Voter ID Card etc.
✔ PAN Card
✔ KYC Details
MPokket
mPokket is one of the best online loan apps in India that offers student loans, instant loans for salaried and is trusted by 7M+ users. As a loan app for students in India, it offers flexible repayment options. Instant loans for salaried are a great and convenient way to get advance salary.
The entire process is 100% online and secure, with 4+ star rating making it one of the highest rated instant loan apps in India. mPokket has a complete support team available round the clock to resolve any user queries and complaints.
mpoket (mpoket) is the best student loan app and salaried loan app. Get instant loans for college students and instant loans for salaried employees. Avail instant personal loans from Rs 500 to Rs 30,000. Just open this online loan app and whenever you are short of pocket money or you want to get instant cash loan in case of any emergency.
Or want to do more to settle your travel plans, consider this as a borrowing option. Manage Everything With The Best Instant Loan App.