Avail Instant Personal Loans ✓ Loan up to 50 Lakhs ✓ Quick Disbursal ✓ Minimum Documentation! Apply Now

If you are a student or a young professional looking for short-term finance options, you can apply for a mPokket Personal Loan on Bajaj Markets. You can borrow amounts ranging from ₹500 to ₹45,000 for up to 120 days and make urgent payments for necessities like utility bills or rent. These loans are available at affordable interest rates starting from just 2% per month.

Interest Rates and Charges

mPokket Personal Loan interest rates and charges are as follows:

Rate of Interest

2% to 4% per month

Processing Charges

₹50 to ₹200 + 18% GST (depending on the loan amount with a maximum APR of 48%)

*Disclaimer: The above-mentioned rates and charges are subject to changes at the lender’s discretion. 

mPokket Personal Loan EMI Calculator

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Features and Benefits

Instant Loan

You can get an instant loan of up to ₹45,000 

Zero Collateral

Secure the required funds without submitting any asset as collateral

Flexible Repayment Tenure

Repay the loan over flexible tenures ranging up to 120 days

Online Application Process

The loan application process on Bajaj Markets is simple, convenient, and user-friendly

Quick Disbursals

Once approved, the amount is immediately transferred to your bank account

Eligibility Criteria and Documents Required

The loan’s eligibility criteria are as follows:

  • You must be an Indian citizen 

  • You must be more than 18 years old

  • You must have a minimum monthly income of ₹9,000

  • Your income must be credited into your bank account and not in cash form

Along with meeting the aforementioned criteria, you need to submit the following documents to apply for the loan:

  • Passport-size photographs

  • College ID for student applicants

  • Identity Proof - Aadhaar card, Passport, etc.

  • Address Proof - Aadhaar card, Utility bills, etc.

  • Income Proof - Bank statements, salary slips for the last three months, etc.

How to Apply?

To apply for this loan on Bajaj Markets, follow these quick and simple steps.

  • Select the ‘Apply Now’ option

  • Provide your basic personal information like name, date of birth, etc.

  • Choose ‘mPokket’ from the list of lenders

  • Enter the loan amount and tenure required

  • Click on ‘Submit’ to proceed

Following this, an executive will contact you for further proceedings.


Can students apply for mPokket personal loan?

Yes, students can apply for this loan. However, you will have to meet certain eligibility parameters and submit your college ID card, along with other documents.

What is the minimum and maximum a salaried person can get through mPokket Personal Loan?

You can borrow a minimum of ₹500 and a maximum of ₹45,000 from mPokket. However, the amount offered to you will depend on your eligibility.

How to increase the chances of loan approval from mPokket?

A good credit score or credit history and healthy repayment record may increase the chances of loan approval.

What mediums can I use to repay mPokket Personal Loan?

You can repay your loan using any online payment medium like digital wallets, UPI, etc.

What is the repayment tenure for an mPokket Personal Loan?

You can get an mPokket Personal Loan for tenures ranging up to 120 days.

What are the mPokket Personal Loan customer care details?

You can reach out to the customer care team of mPokket through any of the following mediums:

Ensure to mention your loan account number and contact details when sending an e-mail. The customer care team will respond to your query or grievance within 7 business days.

Can I get an mPokket Personal Loan without submitting any documents?

No. It is mandatory to submit some basic documents like ID proof, address proof, income proof, etc. when applying for a personal loan from mPokket.

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