mPokket Personal Loan & Instant Student Loan App

Best Online Loan App. Get instant loan application for students. Instant loan for salaried. Loan up to Rs 20,000
mPokket is the best app for student loans and salaried loans. Instant loan for students and salaried workers.

Instant personal loan available from Rs 500 up to Rs 20,000. This online loan application is available to you whenever you need cash fast. The best instant loan app will help you get everything sorted.

Key Features

Get an instant personal loan up to Rs 20,000

Cash transfer to Bank/Paytm, cash loan within 2 minutes

Flexible Repayment Options, Repay within 4 Months

Rewarded for Timely Payments

The maximum APR of 120% is Rs 34 and the processing fees are Rs 203 + 18% GST.

The interest rates vary from 1% to 6% per mois. Maximum tenure is 120 Days

For instance, a salaried personal loan amount of -Loan amount Rs 2000

Tenure – 3 months

Interest Rate – 6%

Processing Fee – Rs. 203

GST on Processing Fee โ€“ Rs 37

Total Interest – Rs 120

APR – 72%

The loan amount is Rs 2000 and the amount disbursed is Rs 1760. The total amount of the loan repayment is Rs 2120

We are also governed by RBI and have our own NBFC licence. We are legal compliant and have been well regulated

Eligibility Criteria

Students Yes, mPokket offers loans to college students.

Salaried professionals – Apply for a personal loan with a take-home salary of Rs. 9,000 or more

Our app allows anyone, whether a student or a salaried worker, to apply for an instant loan. A student must be at least 18 years old to apply for a personal loan.

mPokket is a personal loan application for salaried individuals that offers quick cash loans. It can be used to get salary via cheques or in a bank account. mPokket provides a secure and reliable payment system that does not compromise the user’s information.

Documents

mPokket is a fast and easy to use online loan application. Submit the following documents to get an instant personal loan.

Student ID Card for College

Last 3 Months Bank Statement, Salary Slip/Joining letter for Salaried Professionals

Aadhaar card, Driving licence, Voter ID card, etc.

PAN Card

KYC Details

mPokket, an online loan application that offers instant loans for salaried students and student loan to the most trusted 7M+ users. It offers flexible repayment options as a student loan app in India.

It offers flexible repayment options and an instant loan for salaried. mPokket has a 24/7 support team to address any queries or complaints.