mPokket: Instant Personal Loan
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mPokket: Instant Personal Loan

Quick Cash Loan in 7 Mins

Maybright Ventures · released 3 Nov 2016 · Open in App Store ↗

★ 4.53 9,563 reviews
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Description

mPokket is now on iOS!

Instant loans up to ₹50,000 for Salaried, Business Owners & Freshers

Get an Instant Personal Loan up to ₹50,000 in just a few minutes!

mPokket is India’s best instant loan app, trusted by more than 6.5 Crore registered Indians. We

provide quick cash for gig workers, self employed, salaried professionals, and Freshers/Interns

pursuing education with part-time income.

Whether you need money to grow your business, pay for an emergency, handle travel costs, or

meet daily expenses, mPokket gives you a 100% digital and secure way to get money directly in

your bank account.

Why Choose mPokket?

Get instant loans up to ₹50,000

Join over 6.5 Crore+ users who trust us

Pay back in easy EMIs from 6 to 24 months

100% digital process with very few documents and fast online check

Loans given by RBI registered NBFC, mPokket Financial Services Private Limited

Get rewarded for paying back your loan on time

Customer help is always available for you

How to Apply for Personal Loan?

Install mPokket App

Register with mobile number and email id

Submit KYC, Basic and other information & get approved

Add bank and Receive loan directly in bank account

Interest Rates & Fees

Processing Fee: Starting from ₹37.5 + 18% GST (depends on loan amount and category)

Monthly Interest: Between 1.58% to 3% per month

Max Annual Rates: Maximum Annual Interest Rate (AIR) of 36% and maximum Annual Percentage Rate (APR) of 54.20%

Example Calculation – Personal Loan

Loan Amount: ₹ 50,000

Tenure: 12 Months EMI

Interest Rate: 24% Per annum

Processing Fee: ₹1,875

GST on Processing Fee: ₹338

Disbursed Amount: ₹47,787

Total Interest: ₹6,723

Other Fee including GST: ₹56.74

APR: 31.70%

EMI: ₹4,728

Total Loan Repayable Amount: ₹56,723 (excluding applicable payment gateway charges)

Loans are given out by our RBI registered NBFC, mPokket Financial Services Private Limited.

Support

Email: [email protected]

Website: www.mpokket.in

Address: PS Srijan Corporate Park, Tower 1, 1204, Sector V, Kolkata, WB 700091

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