Learn about the mPokket personal loan eligibility, documents, fees, and charges. Check out its benefits and customer care details to make an informed financial choice.
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.
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.
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.
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
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
You can apply for the mPokket personal loan online through a few simple and convenient online steps, as outlined below.
Click on the ‘Apply Now’ option on this page
Enter your personal and professional details
Select ‘mPokket’ from the list of lenders available
Enter the amount you wish to borrow and the preferred tenure
Click on ‘Submit’
Following this, mPokket will review your application, and a representative will contact you for further processing
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.
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.
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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.
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.
A good credit score, stable income, and accurate documents with a good repayment history may increase the chances of approval.
You can repay your loan using any online payment medium like digital wallets, UPI, debit cards, etc.
You can get an mPokket Personal Loan for a tenure ranging up to 90 days.
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.
No. It is mandatory to submit documents like ID proof, address proof, income proof, etc., when applying for a loan from mPokket.
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.