✅ What is mPokket?
mPokket is a popular Indian instant personal loan app specially designed for college students and young salaried professionals. Launched in 2016, mPokket offers quick short-term loans ranging from ₹500 to ₹30,000 (for students) and up to ₹1,00,000 (for salaried individuals). With minimal documentation, zero collateral, and a 100% digital process, mPokket is a preferred choice for students and first-time borrowers looking to meet urgent financial needs.
Whether you need money for books, rent, mobile recharge, travel, or emergencies, mPokket ensures fast disbursal directly into your bank account, Paytm, or UPI wallet.
📲 mPokket App Download Links
🔗 Android (Play Store):
👉 Download mPokket for Android
🔗 iOS (App Store):
👉 Download mPokket for iOS
🌐 Official Website:
👉 https://www.mpokket.in
📌 Key Features of mPokket App
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Loan Amount
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Students: ₹500 to ₹30,000
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Salaried: ₹1,000 to ₹1,00,000
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Loan Tenure
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61 days to 120 days
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Flexible repayment options
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Instant Disbursal
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Loan amount transferred within minutes of approval
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No Collateral Needed
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100% unsecured personal loan
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Multiple Payout Modes
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Bank Transfer, Paytm Wallet, UPI
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Minimal Documentation
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Just your ID, selfie, and proof of student or employment status
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Build Credit History
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Repay on time and improve your credit score over time
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Who Can Use mPokket?
1. College Students
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Must be 18+ years old
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Enrolled in a UG/PG course in a recognized Indian college
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Requires college ID and basic KYC
2. Salaried Professionals
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Must be employed full-time
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Minimum net monthly income of ₹9,000
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Must provide bank statement and proof of employment
Required Documents
| For Students | For Salaried Employees |
|---|---|
| College ID Card | PAN Card + Aadhaar Card |
| Aadhaar Card | Latest 3-month bank statement |
| PAN Card | Salary slips or offer letter |
| Selfie (photo verification) | Office ID / Work email verification |
Documents can be uploaded directly through the app interface.
Loan Terms
| Feature | Students | Salaried Individuals |
|---|---|---|
| Loan Amount | ₹500 – ₹30,000 | ₹1,000 – ₹1,00,000 |
| Interest Rate | 2% to 4% per month | 1% to 3% per month |
| Tenure | Up to 120 days | Up to 90 days (renewable) |
| Processing Fee | ₹9 to ₹200 (depends on amount) | 2% to 4% of loan amount |
| Late Payment Charges | ₹50 to ₹200 + GST | ₹100 to ₹500 + GST |
📱 How to Apply for an mPokket Loan
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Download and Install the mPokket app from Play Store or App Store
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Sign Up using your mobile number and complete OTP verification
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Submit Basic KYC like PAN, Aadhaar, and selfie
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Upload Proof of Eligibility (college ID or salary proof)
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Get Loan Approval within minutes
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Choose Loan Amount and Tenure
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Get Disbursal to Paytm, UPI, or bank account instantly
💬 Customer Support
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📧 Email: support@mpokket.com
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📞 Phone: No direct line; use in-app chat
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🕐 Service Hours: Mon–Sat, 10 AM to 6 PM
🎯 Use Cases of mPokket Loan
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📚 Books & Study Materials
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🏠 Paying Rent or Room Deposit
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📱 Mobile Recharge or Data Pack
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💊 Emergency Medical Expenses
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🛍️ Online Shopping / Food Delivery
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🚕 Local Travel or Cab Fare
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🧾 Bill Payments
🛡️ Is mPokket Safe?
Yes. mPokket is:
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Backed by NBFCs registered with the RBI
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Uses 128-bit encryption for secure transactions
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Trusted by over 20 million users
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Reports repayment behavior to CIBIL and other bureaus, helping you build credit
✅ Benefits of Using mPokket
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✔️ Available for Students with no credit history
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✔️ Fast Disbursal – often within 10 minutes
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✔️ No Credit Score Required for student users
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✔️ Pay Only When You Use – no monthly fees
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✔️ Simple App Interface
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✔️ Improves Credit Health over time
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✔️ Flexible EMI plans for salaried users
💡 Tips to Get Approved Faster
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Use official college ID or work email for verification
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Make sure PAN and Aadhaar match your name and DOB
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Provide clear selfies and readable documents
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Start with a small loan and build trust
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Repay on time to unlock higher loan limits
📊 mPokket vs Other Loan Apps
| Feature | mPokket | KreditBee | MoneyTap | PaySense |
|---|---|---|---|---|
| Loan for Students | ✅ Yes | ❌ No | ❌ No | ❌ No |
| Loan for Salaried | ✅ Yes | ✅ Yes | ✅ Yes | ✅ Yes |
| CIBIL Required | ❌ (for students) | ❌ Optional | ✅ Yes | ✅ Yes |
| Minimum Loan Amount | ₹500 | ₹1,000 | ₹3,000 | ₹5,000 |
| Disbursal Time | 10–15 minutes | 15–30 minutes | Same Day | Same Day |
📥 Download mPokket App Now
🔗 Android App:
👉 https://play.google.com/store/apps/details?id=com.mpokket.app
🔗 iOS App:
👉 https://apps.apple.com/in/app/mpokket/id1546971211
🌐 Official Website:
👉 https://www.mpokket.in
Conclusion
mPokket is India’s go-to app for instant small-ticket loans, especially for college students and young professionals who need urgent funds. With quick disbursal, minimal paperwork, and flexibility in repayment, mPokket bridges the gap between need and access to credit.
Whether you’re dealing with a mid-month money crunch, emergency expense, or academic costs, mPokket is a safe, fast, and reliable option.