mPokket Loan in Just 5 Minutes 2025: Instant Personal Loan of up to ₹50,000 in Moments! mPokket is the best instant loan application for salaried professionals, self-employed, traders, contract workers and gig workers and students with part-time income. Trusted by over 3.5 crore Indians.
The most secure instant loan app with 100% digital loan processing. So, if you are short of pocket money or want to get instant cash loan in case of emergency or business or travel or any other purpose, just login to mPokket app.
Example of personal loan calculation when you take a loan from mpocket
- Loan Amount: ₹25,000
- Tenure: 12 months EMI
- Interest rate: 24% per annum
- Processing Fee: ₹1,250
- GST on processing fee: ₹225.
- Amount disbursed: ₹23,525
- Total interest: ₹3,368
- Other fees including GST: ₹29
- APR: 36.3%
- EMI: ₹2,364
The total loan amount payable is ₹28,397 excluding any applicable gateway payment charges
Eligibility Criteria
- Age 18 +
- Should be a resident of India
- You should have a minimum household income of Rs.3,00,000 per year
- Should be a paid professional with a minimum salary of Rs 9,000.
- Or, you must be a part-time income earning student
- Or, they must be self-employed / trader / gig worker or contract worker
Necessary documents
- Aadhaar Card
- PAN card
- Students with part time income, college ID card and bank statement
- Salaried Professionals, Last 3 Months Bank Statement, Salary Slip/Joining Letter
- Self-employed, small business owners, traders or gig workers, last 3 months bank statement, company or business
- Details and business proofs like Udyam Aadhaar, GSTIN, FSSAI certificate etc.
Main features
- Instant personal loan up to ₹50,000
- Online cash transfer to bank account in 2 minutes
- Flexible payment options; Pay in 1 to 12 months
- Rewards for timely payment
- Processing fee starts from ₹15 + 18% GST depending on the loan amount and category
- Interest rates of 2% to 4% per month with maximum annual interest rate (AIR) of 48% and maximum annual percentage rate (APR) of 66.1%
Why select mPokket?
- Trusted by over 3.5 million happy customers
- One of the highest rated online personal loan apps (Personal Loan Apps)
- Loans provided by mPokket Financial Services, RBI Registered NBFC
- 100% digital process with minimum documentation and fast online verification
- mPokket provides a safe and reliable system with a strict user data policy
- The amount is transferred to your verified bank account only
- Best in class customer support
.webp)
0 Comments