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Why mPokket ?

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Flexible Loan Amount

Flexible Loan Amount

Loan amount of INR 500 upto 20,000 with tenure upto 3 months can be availed in Bank account or PayTM
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Paperless Process

Paperless Process

The entire process is online and completely paperless.
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No Collateral Needed

No Collateral Needed

You don’t need to provide any collateral or guarantors to avail the instant loan
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24/7 Support

24/7 Support

24/7 Customer support is available to provide assistance for availing and repayment of loan
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> 5 Million Users

> 5 Million Users

mPokket is used by more than 5 million users and 95% of users have rated us 5 stars

How it works

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Step 1: Download mPokket App

  • You may log in to your Play Store account and download the mPokket app on your android device
  • You can directly search for “mPokket” in the search bar or simply type in the complete app name, “Instant loan for college students – mPokket”
  • The next step is to download the app successfully
  • Ensure your device has enough memory to download the application

Step 2: Document Verification

  • The following documents can be used as identity/address proof:
    ● Passport ● Voter’s Identity Card ● Driving License ● Aadhaar
  • PAN Card or Form 16
  • A selfie video which showcases all your facial features clearly
  • For instant student loan (additional requirement):
    ● College ID Proof
  • For instant salary loan (additional requirement):
    ● Salary Slip ● Bank Statement
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Step 3: Apply for Loan

  • We can sanction the student loan or salaried loan up to INR 20,000
  • You can choose the duration of your loan repayment for up to 3 months
  • You will have a choice of receiving the money in your bank or PayTM account
  • We will transfer the loan amount to you instantly

Loan Eligibility Criteria

Instant Loan for Student

You must have attained the age of 18 before you apply for the student loan​
You need to provide documents as identity and address proof to be eligible for the loan
Your student identity card from college is a must for verification
You must be enrolled in an educational institution
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Instant Salary Loan

You should be receiving your salary in a bank account​
You must attach your salary slip along with the bank statement to be entitled for an instant loan​
Acceptable documents as identity and address proof to be eligible for the loan
You must be working full time in a company
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About us

mPokket is an Instant Loan App  that provides loans to college students and young working professionals. Borrowers can avail loans ranging from Rs. 500 to Rs. 20,000 and the amount is sent via instant credit to  bank account or Paytm wallet. The borrowing limit will keep increasing over time based on multiple factors, including timely loan repayments. You can choose to repay in up to 3 months along with a nominal interest charge.

mPokket was started back in 2016 with the vision to improve the lives of those who need quick cash for an urgent need but do not have access to credit cards or other means of formal borrowing. Our customers do not need to submit any physical documents or visit a branch to get instant personal loans.  They just need to apply online on our mobile App.

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