How to Get mPokket Personal Loan

Hello friend, today we will tell you about the mpockket. mPokket offers personal loans to college students and young professionals who need instant cash for their daily needs. Personal loan up to Rs. 30,000 from mPokket. You must download the app on your smartphone through Google Play Store and complete the online application process to get the money disbursed into your account instantly.

  • mPokket App
  • MPokket Loan Features
  • Documents Required for MPokket Loan
  • MPokket Loan Eligibility Criteria
  • How Does mPokket App Work?
mPokket Personal Loan

mPokket Loan Features

Purpose of mPokket personal loan: To provide personal loans for college students and salaried employees in India.

Interest Rates1% to 6% per month
Loan Amount    Rs. 500 to Rs. 10,000 (college students)        Rs. 1,000 to Rs. 20,000 (salaried professionals)
Loan Processing FeeRs. 34 to Rs. 203 + 18% GST
Tenure61 to 90 days
Repayment modePaytm wallet, Debit Card, or UPI.                                            

Read More: How to Get Google Pay Person Loan

Documents Required for mPokket Loan

Identity proofCollege studentssalaried professionals
Voter Card/ Driving License/ Passport/ AadhaarYesYes
College ID cardYesNO
PAN cardOptionalYes
Company’s ID cardNOYes
Bank StatementNOYes

mPokket Loan Eligibility Criteria

Studentssalaried professionals
must be 18 years oldMust be aged below 40 years
must provide identity and address proof documents to be eligiblemust provide identity and address proof documents to be eligible
identity card from their college for verificationbank statement along with salaried slip
Bank statementmust be receiving their salary in a bank account
must link your phone to your aadhar cardmust link your phone on your aadhar card

How to Get mPokket Personal Loan and App Work

  1. Go to play store and search mpokket instant loan app.
mPokket Steps
  1. Enter your phone number and verify OTP received on your number.
mPokket App OTP Verification
  1. Sign up with your Google or Facebook account for mpockket app.
  2. Set a password.
mPokket App sing up
  1. Submit your documents online.
  2. Upload bank statements (Salaried professionals).
  3. Record your selfie video.
mPokket App Document Uploade
  1. Get the loan amount in minutes.
mPokket Loan Amount

Read More: How to Get Yaarii Personal Loan

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