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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 2% per month
- Max Annual Rates: Maximum Annual Interest Rate (AIR) of 36% and maximum Annual Percentage Rate (APR) of 57.80%
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
- APR: 33.10%
- 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: support@mpokket.com
Website: www.mpokket.in
Address: PS Srijan Corporate Park, Tower 1, 1204, Sector V, Kolkata, WB 700091