mPokket: Instant Personal Loan

Store description excerpt

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

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