Here is all you need to know about mPokket Personal Loans
Avail Instant Personal Loans ✓ Quick Disbursal ✓ Minimum Documentation!
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 an amount ranging from ₹500 to ₹45,000 for up to 90 days. This enables you to make urgent payments for necessities like utility bills or rent. You can easily get an mPokket Personal Loan on Bajaj Markets through a simple and convenient online process. This ensures
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%) |
Annualised Penal Charges |
Up to 32% |
Documentation Fee |
As specified in the loan agreement |
*Disclaimer: These rates are subject to change at the lender’s discretion.
Why Choose mPokket Personal Loan on Bajaj Markets
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 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.
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 criteria and having a decent CIBIL score, 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.
Contact mPokket’s customer care team by using the following details:
Phone No: 033- 6645 2400 (Monday to Saturday - 9 am to 7 pm)
E-mail 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 e-mail. Your query or grievance shall be addressed within 7 business days. If you are not satisfied with the resolution, you can escalate the matter. For this, simply send an e-mail to supervisor@mpokket.com. Following this, a written response will be sent to you on your registered e-mail ID in 7 days.
|
Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.
Frequently Asked Questions
Can students apply for 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 and repayment history 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 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:
E-mail ID: support@mpokket.com
Phone No: 033- 6645 2400 (Monday to Saturday - 9 am to 7 pm)
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.
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.
