Avail Instant Personal Loans ✓ Quick Disbursal ✓ Minimum Documentation! Check Eligibility

If you are a student or a young professional looking for short-term loan personal options, consider applying for an mPokket Personal Loan on Bajaj Markets. You can borrow any amount between ₹500 and ₹45,000 for a period of up to 90 days. 

This enables you to manage urgent expenses such as rent or utility bills with ease. You can apply for a personal loan on Bajaj Markets through an easy and convenient online process. 

mPokket Personal Loan Highlights

Here are some additional details for the personal loan: 

Particulars 

Details 

Minimum Interest Rate

24% p.a. 

Minimum Loan Amount 

₹500

Maximum Loan Amount 

₹45,000

Maximum Tenure

90 days

Disbursal Time 

7 minutes

Disclaimer: The above-mentioned rates and charges are subject to change as per the lender’s policies.

mPokket Personal Loan EMI Calculator

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mPokket Personal Loan Other Fees and Charges

In addition to the principal amount borrowed and the mPokket interest rate, you will incur supplementary charges. Lenders impose extra fees such as processing and foreclosure charges, and these costs associated with the mPokket personal loan are detailed below.

Fees and Charges

Details 

Processing Fees

₹50 to ₹200 + 18% GST (maximum APR of 48%)

Disclaimer: The above-mentioned rates and charges are subject to change as per the lender’s policies.

Eligibility Criteria for mPokket Personal Loan

To apply for an mPokket instant loan, you need to meet certain eligibility requirements defined by the lender. These requirements help assess your repayment capability, and the mPokket eligibility criteria are as follows:

  • You must be an Indian citizen 

  • Your age must be more than 18 years

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

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

Documents Required for mPokket Personal Loan

Along with the criteria and income requirements, you need to submit the following documents for the mPokket loan application online:

  • Passport-size photograph(s)

  • Identity Proof: Aadhaar card, Passport, etc.

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

  • Income Proof: Bank statements, salary slips for the last 3 months, etc.

  • College ID for student applicants

How to Apply for mPokket Personal Loan on Bajaj Markets

You can apply for the mPokket personal loan online through a few simple and convenient online steps, as outlined below. 

  1. Click on the ‘Apply Now’ option on this page

  2. Enter your personal and professional details

  3. Select ‘mPokket’ from the list of lenders available

  4. Enter the amount you wish to borrow and the preferred tenure

  5. Click on ‘Submit’

  6. Following this, mPokket will review your application, and a representative will contact you for further processing

Why opt for mPokket Personal Loan via Bajaj Markets

mPokket is a reliable option to consider during urgent financial requirements due to its fully online application process and swift disbursal timelines. Some additional features of mPokket personal loans include:

  • Instant Loan: You can get an instant loan of up to ₹45,000 

  • Zero Collateral: Secure the required funds without pledging any assets as collateral

  • Flexible Repayment Tenure: You can repay the loan over flexible tenures ranging up to 90 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.

mPokket Personal Loan Customer Care Details

If you need to contact the mPokket customer care in case of complaints or queries, you can contact the team through the following details:

  • Phone No: 033 6645 2400 (Monday to Sunday from 9 am - 7 pm)

  • Email ID: support@mpokket.com

  • Address: PS Srijan Corporate Park, Tower 1, 12th Floor, Unit No. 1204, 2, EP & GP, Sector V, Bidhannagar, Kolkata, West Bengal- 700091. 

Provide your contact details and loan account number in your email. Your query or grievance shall be addressed within 7 business days. If you are not satisfied with the resolution, you can escalate the issue. For this, simply send an email to supervisor@mpokket.com. 

Following this, a written response will be sent to you on your registered email ID in 7 days.

Frequently Asked Questions

Can students apply for an mPokket Personal Loan?

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

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, stable income, and accurate documents with a good repayment history may increase the chances of approval.

What mediums can I use to repay my mPokket Personal Loan?

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

What is the repayment tenure for an mPokket Personal Loan?

You can get an mPokket Personal Loan for a tenure ranging up to 90 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:

Email ID: support@mpokket.com

Phone No: 033 6645 2400 (Monday to Sunday from 9 am to 7 pm)

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

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

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

What are the additional charges I have to pay for an mPokket Personal Loan?

You may be asked to pay the processing fee, administration charges, and foreclosure penalties (if applicable). Be sure to reach out to mPokket and check these charges before applying for the loan.

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