mPokket Personal Loan App Review | How to Apply for a Loan Online in mpokket Instant Loan App – Interest rate, Tensure, Eligibility, 2023

0
21

mPokket Personal Loan App Review. Are you a Student or a Salaried Employee? Do you want to take a loan but can’t get a loan from any bank, but you need a lot of money? Today, we can’t go without money, but we don’t have to worry anymore. I have brought a loan app for you, from where you can take a loan very easily. Even if you study in college, you will get a loan, and even if you work, you will get a loan.
The name of that loan app is Mpokket. You can take a loan through Mpokket very easily. In today’s post, I will guide you completely through how to get a loan from Mpokket. How to apply for a loan online in mpokket, How much is the loan interest rate? How many days will the loan be given? What are the qualifications to get a loan from the mpokket Instant Loan App? I will tell you everything, but I will continue to complete this post. mPokket Personal Loan App Review

mPokket Personal Loan App Review
              mPokket Personal Loan App Review

mPokket Instant Loan App Details (Play Store)

 Key Point of mPokket Instant Loan App               Playstore Details
  Name mPokket   (Instant loan App)
  Launched 07 -Dec -2016
  Application Size 19 MB
  Rating 4.4 Star on Play Store
  Downloads 10M+
  reviews 1M

MPokket Personal Loan App Review

What is the rate of interest in mPokket Instant Loan App?

If you take a loan from mpokket instant loan app, then you have to pay interest from 0% to 4% every month.

What is the maximum loan limit in mPokket Instant Loan App?
Do you want to know how much money a loan is available from Mpokket? When we want to take a loan from a loan app, we want to know how much money the app will give us. From the Mpokket instant loan app, you can get loans from Rs. 500 to a maximum of Rs. 30,000 easily.

What Is The Tenure (Time) Of mPokket Instant Loan App?

Do you want to know if, if you get a loan from Mpokket, the loan will be returned to Mpokket for how long? If you want to take a loan from Mpokket, you have to return the loan within 61 days to a maximum of 120 days to the Mpokket instant loan app.

What are the Extra Charges in mPokket Instant Loan App?     

                     
If you take a loan from mpokket then the processing fee and loan management fee will be taken from you, and a GST of 18% will be taken along with it. These extra charges will be taken from you in a small amount at Mpokket.

Who is Eligible for mPokket Instant Loan App?
College Student:-

Age: College students must be above 18 years of age.
Id proof- College valid ID card.

Salaried Employees:-

Age:- The age should be between 18 and 50 years for salaried employees.
Salary:- Rs.9,000+ salary monthly

What are the documents required to take a loan from the mPokket Instant Loan App?

Below are the documents you need to show in Mpokket to get a loan from Mpokket.
Requirements for Employees
1) You have a Voter card/ driving license/ passport, or Aadhaar as ID proof.
2) PAN card (mandatory)
3) 3 months of Bank statements
4) Last salary slip, Joining letter, or Offer Letter

Requirements for Students
1) PAN Card
2) You have a Driving license / Voter card/ Passport/Aadhaar Card as an ID, and an address proof
3) A valid college ID card and address proof

Here’s an example of how loans from the mPokket Instant Loan App work:
Example

mPokket Loan Amount: Rs.2000
Tenure: 84 Days
Processing Fee: Rs.200
Rate of Interest: 24% per annum
Total Interest: Rs.120only
EMI: Rs.785.4
Annual Percentage Rate (APR): 71%
Total Amount to be Paid: Rs.785.3 x 3Month = Rs.2356
Total Cost of Loan: Rs. 2,356
Amount Disbursed: Rs.2,000

 

How to apply for a loan online in mpokket Instant Loan App

Step 1: To get a loan from Mpokket, first you need to install this app from the Play Store or the official Mpokket website.

Step 2: After installation, you have to sign up here with your mobile number or Google ID.

Step 3: Choose the profession type.
1) If you are a student, you have to choose students.
2) If you are a salaried employee, choose Salaried Employee choose Salaried Employee and
3) If you are Self-Employed, choose self-employed.
4) Choose any one and click the continue button.

Step 4: Submit the KYC document online.
Select the KYC ID you want to provide (PAN card and Aadhaar card are mandatory).
1) Aadhaar
2) Voter ID
3) Driving Licence
4) Passport

Step 5: Upload your Bank details.
1) Enter your IFSC Code
2) Upload your last 3-month bank statement salary credits (Only for salaried professionals).

Step 6: Then you need to record a video of yourself with a selfie camera.
Step 7: After doing all these processes correctly, your loan from your bank will pass through your account.

What are the benefits of taking a loan from the mPokket Loan App?

1) Paperless application process:

To apply for a quick loan with mPokket, simply upload scanned copies of the required documentation together with a selfie. There is no easier way to apply for a loan online than this!

2) Collateral is not required:

The days of giving up savings or putting priceless items at risk in order to obtain a loan are long gone. You can quickly borrow money when you need it with MPokket without having to provide any security.

Comapany Address  ( mPokket Personal Loan App Review )

mPokket Company Office Address: Kolkata, West Bengal 700091, Bidhannagar, PS Srijan Corporate Park, Sector V, Tower 1, 12th Floor, in India.

mPokket customer care number: 033-6645-2400

mPokket’s Official Email ID: support@mpokket.com.

mPokket’s working hours:  9 a.m.–7 p.m.

mPokket Website: https://mpokket.in/

Conclusion  
Friends I hope that from this post you know how to take a loan from Mpokket and how to apply for an mPokket Instant Loan App loan online. But you can get a loan from Rs. 500 to Rs. 30,000 very easily. If you found this post helpful, then share it with your friends and family members.

Related Articles…

Smartcoin Personal Loan App Review | How to take a loan in SmartCoin? -Interest Rate, Eligibility, Full details
KreditBee Personal Loan | How to Apply Kreditbee Personal Loan Online – Interest Rate, Eligibility, Full details 

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here