The mPokket loan in India is a great way to make an easy and fast cash advance, and there are a few different ways you can get a loan with the app. Whether you’re just starting out, or you’re an experienced user, you’ll want to check out these three options to make sure you get the best deal.
mPokket is one of the most popular quick loan apps in India. It offers instant personal loans to college students. The application process is very easy and fast.
mPokket is based in Kolkata and has offices in Bengaluru and Hyderabad. There are close to seven million registered users.
mPokket’s quick online loans are a great way to encourage responsible spending behavior in youth. Unlike conventional loans, mPokket offers no hidden fees and charges.
mPokket’s loans have very low interest rates. mPokket offers an EMI calculator that helps applicants in calculating the amount they will have to pay back each month. These loans are a great solution for unexpected expenses.
mPokket offers loans that can be repaid within 1 to 3 months. This is ideal for those who don’t have a lot of time to spend on repayments.
mPokket’s online application process is very easy to follow. After the applicant enters the required information, the company verifies the information and approves the loan. Afterward, the money is directly deposited to the applicant’s bank account.
mPokket’s short term personal loans are also a great solution for those who need extra cash during the festive season. mPokket’s loans can be used for purchases such as new gadgets, laptops, makeup kits, clothes, and electronics.
mPokket’s lending rates are between two and six percent per month. Loans range from Rs 500 to Rs 20,000.
mPokket is one of the fastest growing lending platforms in the country. According to estimates, the company has approximately seven million registered users. mPokket also has a mobile app that allows users to access their accounts, make requests for loans, and track the progress of their applications.
MPokket’s flagship Tech Rangers program will seek bright minds to join its ranks. It will hire engineers and product managers from premium Tier 2 colleges, as well as employees with experience in the financial industry. The company also has a plan to offer microinsurance products to customers.
While mPokket has been making waves in the credit and financing space, it has only been in the past year that it has begun to expand its offerings. This includes microinsurance, which will help the company better serve its customers. In addition, the company is planning to introduce a host of other products in the coming year.
Another cool thing about mPokket is that it has an AI algorithm that processes hundreds of alternate data points in real time. It uses this to improve the way it assesses a borrower’s credit risk.
Applying does NOT affect your credit score!
No credit check to apply.