mPokket – Instant Personal Loan App
Use the mPokket Loan App to get instant personal loans up to ₹50,000 in just a few minutes. mPokket is ideal for salaried professionals, self-employed individuals, merchants, gig workers, contract workers, and students with part-time income. Trusted by over 3.5 crore Indians, mPokket offers secure and 100% digital loan processing. Whether you need quick pocket money, emergency funds, business cash, or travel money, simply log in to the mPokket app.
Key Features:
– Instant personal loan up to ₹50,000
– Cash transfer to bank account in 2 minutes
– Flexible EMIs from 6 to 12 months
– Rewards for timely repayments
– Processing fee from ₹40 + 18% GST (varies by amount/category)
– Interest: 2% to 3.25% per month (Max AIR: 39%, Max APR: 61.6%)
Why Choose mPokket:
– Trusted by 3.5 crore+ users
– One of the highest-rated instant loan apps
– Loans provided by mPokket Financial Services (RBI registered NBFC)
– 100% digital process with minimal documentation
– Safe and secure data policy
– Loan disbursed only to your verified bank account
– Excellent customer support
Example Loan Calculation:
Loan Amount: ₹25,000
Tenure: 12 months
Interest Rate: 24% p.a.
Processing Fee: ₹937
GST on Processing Fee: ₹169
Disbursed Amount: ₹23,894
Total Interest: ₹3,368
Other Fee + GST: ₹29
APR: 33.1%
EMI: ₹2,364
Total Repayable Amount: ₹28,397 (excluding payment gateway charges)
Eligibility Criteria:
– Minimum age: 18 years
– Resident of India
– Minimum household income: ₹3,00,000 per year
– Salaried professionals with minimum salary ₹9,000
OR students with part-time income
OR self-employed / merchants / gig or contract workers
Documents Required:
– Aadhaar Card
– PAN Card
– Students: College ID + Bank statements
– Salaried: Last 3 months’ bank statements + Salary slip / Joining letter
– Self-employed / business owners / merchants / gig workers:
Last 3 months’ bank statements + business documents (Udyam Aadhar, GSTIN, FSSAI, etc.)
Loans are issued by mPokket Financial Services Private Limited (RBI registered NBFC). Transactional SMS data may be analyzed to determine creditworthiness.
Support:
Email: support@mpokket.com
Website: www.mpokket.in
Address: PS Srijan Corporate Park, Tower 1, 1204, Sector V, Kolkata, WB 700091
