Loan & Credit Card

Best Instant Personal Loan App 2022 : mPocket

mPokket (एमपोकेट) is the best student loan app and salaried loan app. Get instant loan for college students and instant loan for salaried employees. Avail personal loan instantly ranging from Rs 500 to Rs 30,000. Just open this online loan app and consider this as a borrowing option whenever you are short of pocket money or you want to avail urgent cash loan in any emergency or even to settle your travel plans and much more. Get everything settled with the best instant loan app.

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Best Instant Personal Loan App 2022 : mPocket

⭐️Key Features

✔ Instant Personal Loan upto Rs 30,000
✔ Cash Transfer to Bank/Paytm Account, cash loan in 2 minutes
✔ Flexible Repayment Options, Repay in 4 Months
✔ Rewarded for Timely Repayments
✔ Processing fees range between Rs 34 to Rs 203 + 18% GST depending on the loan amount with maximum APR of 120%.
Interest rates range between 1% to 6% per month. Maximum tenure is 120 days.

For example, for a student or salaried personal loan of –
Loan amount – Rs 2000
Tenure – 3 Months
Interest Rate – 2%
Processing Fee – Rs 203
GST on Processing Fee – Rs 37
Total Interest – Rs 120
APR – 72%
Loan amount is Rs 2000, Disbursed amount is Rs 1760. Total Loan repayment amount is Rs 2120

Also, we are governed by RBI & we have our own NBFC license. We are legally compliant and well regulated

🏆Eligibility Criteria
Students – Yes, mPokket provides loans for College Students.
Salaried Professionals – Get a personal loan at a take home salary of Rs 9,000 and above.

Any student or salaried person, pan-India is eligible for an instant loan through our app. To avail a quick personal loan, a student must be above 18 years of age & should have a valid college ID card. As a quick cash personal loan app for salaried people, mPokket offers loans to people receiving salary in a bank account or via cheques. mPokket offers a reliable & safe payment system, without compromising their information.

Also Read: Health insurance plans

Documents Required
mPokket has a very smooth and fast verification process and is considered to be one of the best online loan app in India (पर्सनल लोन एप्स). To avail instant personal loan, submit documents-
✔ College ID card for Students
✔ Last 3 months Bank Statement, Salary Slip/Joining Letter for Salaried Professionals
✔ Aadhaar Card, Driving license, Voter ID card, etc.
✔ PAN Card
✔ KYC Details

mPokket is one of the best online loan app in India providing student loan, instant loan for salaried and trusted by 7M+ users. As a loan app for students in India, it offers flexible repayment options. Instant loan for Salaried is a great & convenient way to receive a salary advance.
The entire process is 100% online and safe, with a 4+ Star rating making it one of the highest-rated instant loan apps in India. mPokket also has a full-fledged support team available round-the-clock, for addressing any user queries & complaints.

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