Mpokket Personal Loans

What is mPokket?

• mPokket is a trusted instant loan app in India, designed to provide quick and hassle-free personal loans to working students, professionals, and self-employed individuals. With a simple and efficient online application process, mPokket ensures that you get the funds you need within minutes.

Key Highlights of mPokket Instant Personal Loan

• mPokket offers personal loans ranging from ₹1,000 to ₹50,000, tailored to meet the diverse financial needs of its users. Whether you're a college student with a part-time income, a salaried professional facing unexpected expenses, or a self-employed individual looking for quick funds, mPokket has got you covered.

mPokket Loan Repayment

• mPokket provides flexible repayment options, including bullet loans and easy EMI payment plans. The repayment tenure can be up to 12 months, depending on the loan amount and your eligibility. With mPokket, you can manage your finances seamlessly and repay your loans without any hassle.

mPokket Interest Rate

• mPokket offers competitive interest rates, ensuring that you get affordable loans. The interest rates vary based on your credit profile and loan amount, but mPokket strives to provide the best rates to its users.
• Interest rates from 2% to 4% per month.
  Max Annual Interest Rate: 48%.

Eligibility Criteria For mPokket Personal Loan

These criteria ensure that mPokket can provide loans to a wide range of individuals, making it easier for them to access quick funds when needed.

mPokket Personal Loan - Fees & Charges

These fees ensure transparency, so you're fully aware of all costs associated with your mPokket personal loan.

How Can You Get An mPokket Personal Loan?

Getting an mPokket instant personal loan is straightforward and convenient. Here's a step-by-step guide to help you through the process:

1. Download the mPokket App: First, download the mPokket app from the Google Play Store or Apple App Store.
2. Register and Verify: Open the app and enter your mobile number to register. Verify your phone number by entering the OTP sent to your registered number.
3. Complete KYC Verification: You'll need to complete your Know Your Customer (KYC) verification. This can be done through video KYC, PAN verification, or Aadhaar verification.
4. Provide Personal Information: Fill in your details such as full name, date of birth, father's name, highest educational qualification, and current contact details.
5. Employment Proof: Provide your employment details, including your company name, address, pin code, salary, designation, and joining date. Upload a proof of employment document like a pay slip, offer letter, or joining letter.
6. Submit the Application: Once all the required information and documents are provided, submit your loan application.
7. Approval and Disbursement: mPokket will review your application and, if approved, the loan amount will be credited to your bank account within minutes.

mPokket Financial Services Private Limited

• mPokket is operated by mPokket Financial Services Private Limited, a company dedicated to providing instant personal loans to young and dynamic individuals in India. With over 50 million app downloads and more than ₹16,000 crores disbursed, mPokket has become a reliable name in the lending industry.

mPokket Loan Limit

• The loan limit on mPokket ranges from ₹1,000 to ₹50,000, depending on your eligibility and financial needs. This ensures that you can access the funds you need without any hassle.

mPokket Review

• Users have praised mPokket for its easy-to-use interface, quick loan approval process, and seamless fund transfer. Many have shared positive experiences, highlighting the app's convenience and reliable customer support.

Mail.mpokket.in

• For any queries or support, you can reach out to mPokket through their official email address: mail.mpokket.in. The support team is always ready to assist you with any questions or concerns.

mPokket Customer Care

Here's how you can reach mPokket customer care:

You can contact mPokket customer care for any queries related to your loan application, eligibility, repayment, or any other concerns. They are committed to providing excellent customer support and resolving issues promptly.

FAQs:

Who is the CEO of mPokket company?

• The CEO of mPokket is Gaurav Jalan.

Is mPokket RBI approved?

• Yes, mPokket is RBI approved. It is a registered Non-Banking Financial Company (NBFC) with the Reserve Bank of India (RBI). This means that mPokket complies with the regulatory guidelines set by the RBI, ensuring a safer borrowing experience for its users.

Is mPokket safe or not?

• Yes, mPokket is considered safe to use. The mPokket app employs advanced security measures and encryption protocols to protect user data and transactions. This ensures that all your personal and financial information is kept secure while using the platform.

1. RBI Approval: mPokket is a registered Non-Banking Financial Company (NBFC) with the Reserve Bank of India (RBI), ensuring compliance with regulatory guidelines.
2. Transparency: mPokket is transparent about its interest rates, fees, and repayment terms. This helps users make informed decisions.
3. Data Security: mPokket follows strict data privacy policies to protect user information.
4. Customer Reviews: Many users have shared positive experiences with mPokket, praising its quick loan approval process and reliable customer support

What is the starting loan amount for mPokket?

• The starting loan amount for mPokket typically ranges from Rs. 500 to Rs. 5,000, For 61 to 90 days, providing flexible options for various financial needs.

What is the interest rate of mPokket?

• mPokket's interest rates vary but generally range from 2% to 4% per month, depending on the loan amount and tenure.

What is the Extra charge of mPokket?

• Loan processing Fee start from rs 15 + 18% GST

What is the minimum loan amount in mPokket?

• mPokket offers loans for mobile purchases, providing shopping loans to students that range from Rs. 500 to Rs. 45,000, along with flexible repayment options.

What is the highest loan limit in mPokket?

• mPokket offers a maximum loan limit of up to Rs.45,000, Based on your Profile, catering to diverse financial requirements with flexibility and convenience.

How can I return or repay a loan on mPokket?

• Repaying a loan on mPokket is simple. Connect your bank account, and the app will automatically deduct EMIs on due dates.

Is mPokket affect cibil score?

• Yes, taking a loan from mPokket can affect your CIBIL score. Your CIBIL score is influenced by your repayment history, which includes how promptly you repay loans and credit card bills. If you repay your mPokket loan on time, it can positively impact your CIBIL score. However, if you miss payments or default on the loan, it can negatively affect your score.

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