Loan Product

PERSONAL LOANS

A personal loan is an unsecured loan that helps you meet your current financial needs. There is no requirement to pledge any security or collateral to avail a personal loan from us. mPokket Financial Serviced Private Ltd.  is an RBI registered NBFC which provides the flexibility to use the funds for consumption requirements. All the loans are disbursed through digital lending app “mPokket”, so you can apply for a loan from anywhere in India at any time as per your convenience.

Thanks to the minimal processing time required, the entire loan application process (from registration to disbursement) takes less than 10 minutes on mPokket lending platform. Upon approval of the KYC and other documents on the lending platform, the loan amount is transferred directly to the bank account of the borrowers instantly.

FEATURES

Loans starting from ₹500 up to ₹30,000

Repayment tenure up to 3 months

Fastest disbursal

Direct transfer to a bank account

ELIGIBILITY

You are at least 18 years old

Government Approved Valid Identity Proof

You have an Aadhaar-linked mobile number handy

INFORMATION REQUIRED

  • Identity Proof (PAN)/ Form 60
  • Address Proof (Masked Aadhaar/ Officially Valid Documents (OVD’s)
  • Personal Details
  • Bank Details

EMPLOYMENT DETAILS

  • Company Name
  • Company Address
  • Employee Designation
  • Monthly Salary
  • Company Email Id

INTEREST RATE

For our Personal Loan product, the annualized interest rate varies between 0-48%.