Used mPokket for Android?


mPokket Analysis

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The mPokket app serves as a free loan matching service tailored for students in India. This productivity tool enables users to search for, manage, and calculate their student loans efficiently. While primarily focused on the Indian market, the app provides users with resources to understand their financial commitments and repayment plans. The service does not charge users for loan applications, relying instead on affiliate funding from lenders to sustain its operations.

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In addition to its loan-matching capabilities, mPokket allows users to calculate potential loan costs and plan repayments, similar to other financial calculators. However, the app lacks essential features such as notifications for application statuses or overdue payments, which may hinder user experience. Furthermore, the verification process for creating an account can be lengthy, requiring multiple documents, which may deter some users from utilizing the service.

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Used mPokket for Android?


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Full Specifications

GENERAL
Release
Latest update
Version
3.6.0
OPERATING SYSTEMS
Platform
Android
Operating System
Android 9.0
POPULARITY
Total Downloads
1,239
Downloads Last Week
4

Report Software

Last Updated


Developer’s Description

Use the mPokket Loan App to get Instant Personal Loans upto ₹45,000 in just a few minutes! mPokket is the best instant loan app for salaried professionals and students. It is trusted by more than 3.5 crore Indians. Most secure Instant Loan App with 100% digital loan processing.Loan amount - Upto Rs 45,000Interest rates - From 0% to 4% per monthTenure - 61 days to 1 YearWhy choose mPokket? Doesn't matter whether you are a salaried professional or student, you can get instant cash loans with minimal documentation This Online Loan App gives Instant loans upto Rs. 45,000 in just 10 mins. We have a best in class customer experience team to help you with any kind of support required, which makes us one of the best instant loan app.So, just download mPokket and get a Personal Loan approved, with the amount instantly credited into your bank account.mPokket (एमपोकेट) is the best Instant loan app for salaried professionals and students. Avail personal loan instantly upto Rs. 45,000. Just open this online instant loan app and consider this as a borrowing option whenever you are short of pocket money or you want to avail an urgent cash loan in case of an emergency or business and travel plans and much more. Get everything settled with the best instant loan app.⭐Key Features Instant Personal Loan of upto Rs. 45,000 Cash Transfer to Bank account, Cash loan in 2 minutes Flexible Repayment Options; Repay in 61 days to 12 Months Options for loan extension Rewards for Timely Repayments Processing & Loan Management fees from Rs. 50 + 18% GST depending on the loan amount and category. Interest rates between 0% to 4% per month with a maximum Annual Interest Rate (APR) of 48%.We store and analyze the transactional SMSs present on the user's device to assess his/her credit worthiness.For example, for a personal loan of:Loan amount - Rs. 30,000Tenure – 12 Months EMIInterest Rate – 30% Per annumProcessing & Loan Management Fee - Rs. 1,000GST on Processing Fee - Rs. 180Disbursed Amount - Rs. 28,820Total Interest - Rs. 5,096APR – 38%Loan amount is Rs. 30,000.Total Loan repayment amount is Rs. 35,096 inclusive of interest and all the other fees.Loans are given out by our RBI registered NBFC, mPokket Financial Services Private Limited. We are legally compliant and well regulated. Eligibility CriteriaStudents - Yes, mPokket provides loans for College Students.Salaried Professionals - Get a personal loan at a take home income of Rs. 9,000 and above.Any salaried professional or students, pan-India are eligible for an Instant Loan through our app. To avail a quick personal loan, your age must be above 18 years and should have valid Aadhaar and PAN Card. As a quick cash personal loan app for salaried people, mPokket offers loans to people receiving salary in a bank account. mPokket offers a reliable & safe payment system, without compromising user information. Documents RequiredmPokket has a very smooth and fast verification process and is considered to be one of the best online loan app in India (पर्सनल लोन एप्स). To avail Instant Personal Loan, submit following documents- Aadhaar Card PAN Card College ID card for Students Last 3 months Bank Statement, Salary Slip/Joining Letter, Company / Business details.mPokket is one of the best Online Loan App in India providing Student Loan, Instant Loan for salaried and trusted by 35M+ users. As an instant loan app in India, it offers flexible repayment options. An Instant Loan is a great & convenient way to receive a salary in advance.The entire process is 100% online and safe, with a 4+ Star rating making it one of the highest-rated instant loan apps in India.SupportFor help email us at support@mpokket.com. Do visit our website to contact us for any queries at www.mpokket.in/.PS Srijan Corporate Park, Tower 1, 1204, Sector V, Kolkata, WB 700091

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Content created and reviewed by Softonic with information obtained from mPokket, using AI.

CNET's editorial team was not involved in the creation of this content. Opinions, analysis and reviews were not provided by CNET.