mPokket: The Instant Personal Loan App for Students and Salaried Professionals
Are you a student or a salaried professional struggling with finances? Do you need instant cash to cover your daily expenses or an emergency situation? Look no further than mPokket, the popular loan lending app that provides instant personal loans to those in need. In this article, we will cover everything you need to know about mPokket, its features, target audience, documents required, and the loan application process.
Instant Loans in Minutes
With mPokket, you can get an instant loan in just a few minutes. You can borrow up to Rs.30,000 with a repayment period of 4 months. This means that you can repay the loan in small, affordable EMIs without worrying about long-term commitments.
Low Interest Rates and Exciting Rewards
mPokket offers interest rates between 1% - 6%, which is much lower than other loan lending apps. Additionally, you can also earn exciting cashback and rewards by referring mPokket to your friends or customers. The app also has a 100% digital and paperless process, making it easy and convenient to apply for a loan.
Target Audience
mPokket is designed for students and salaried professionals aged between 18 to 40 years. The target audience includes low-salaried people and those with a credit score of 750+. The app requires specific documents for students and salaried professionals, including Aadhar Card, PAN Card, College ID Proof, Bank Account, Address Proof, Salary Slip, and Bank Statements.
The Application Process
The application process for mPokket is straightforward and takes only 10-20 minutes of your time. To apply for a loan, you need to watch the training video and suggest mPokket to everyone in your network who is eligible for the loan. You can then share the link with interested customers, and they need to enter their name, mobile number, email ID, and city pin code to start the journey.
Customers are then redirected to the Google Play store to download the mPokket app. They need to verify their mobile number using an OTP and sign up using Google or Facebook. Customers then need to submit their personal details and set a password, select a profession, and proceed to the next step.
The application process also includes email ID verification, KYC, video KYC, employment details, and IFSC code submission. Once the customer submits all the required details, they can select the loan amount and tenure and click on the request button.
Disbursement and Payouts
If the customer matches all the criteria, the system approves the application, and the loan is disbursed immediately. Customers can choose to transfer the loan amount to their Paytm account or bank account. If you refer mPokket to someone, you will receive a payout if the applicant does not have an existing relationship with mPokket.
Why Choose mPokket?
mPokket provides instant personal loans to students and salaried professionals at low-interest rates and quick disbursal. With a 100% digital and paperless process, it is easy and convenient to apply for a loan. The app also offers exciting cashback and rewards for referrals.
How to apply for an mPokket Personal Loan?To apply for an mPokket Personal Loan, follow the steps below:
Step 1: CLICK here to REDIRECT TO THE mPoket website
Step 2: Suggest mPokket Personal Loan to your friends or customers who are eligible to get this loan.
Step 3: Click on the "APPLY HERE " option
Step 4: choose 'mPokket' from the screen.
Step 5: Customers need to enter their name, mobile number, email ID, and city pin code and click on "start journey now".
Step 6: The customer will be redirected to the Google Play store to download the mPokket app.
Step 7: Customers need to enter their mobile number and verify it with the OTP.
Step 8: Sign up using any one option like Google or Facebook and proceed to the next step.
Step 9: Submit the required personal details and set a password, then select a profession and go ahead.
Step 10: Complete email ID verification by clicking on "Verify email".
Step 11: Customers need to complete KYC, enter PAN Card number, then select KYC document type, upload front and backside images of the document, and click on "Submit".
Step 12: Now submit employment details like monthly net salary, designation, and then upload the employment proof document.
Step 13: Customers need to complete the video KYC, start the camera from the screen and record a video, and read out the text slowly which will appear on the screen.
Step 14: On the next screen, enter the IFSC code and upload a 3-month salary statement (only for salaried professionals).
Step 15: Now, the customer needs to select the amount of loan that they want to borrow and select the tenure and click on "Request".
Step 16: A pop-up window will appear on the screen, asking the customer to transfer the loan amount to the Paytm account or bank account. Select the right option and go ahead.
Step 17: If the customers match all the criteria, then the system will approve the application, and the loan will be disbursed immediately. Customers will be informed through the message.
Why choose mPokket Personal Loan?
mPokket Personal Loan offers instant loans up to Rs.30,000 at low-cost EMIs, which makes it an excellent option for students and salaried professionals. The 100% digital and paperless process makes it easy and convenient to apply for a loan. The repayment period is four months, which means that customers can repay their loan without any long-term EMI commitments. The interest rate is also between 1% to 6%, which is competitive in the market. Additionally, customers can benefit from exciting cashback and rewards, which makes it a great option for those looking for extra perks.
Conclusion
mPokket is an excellent option for students and salaried professionals who need an instant personal loan. With its low-interest rates, quick disbursal, and easy application process, it has become a popular choice for many. By following the steps mentioned above, you can easily apply for a loan and enjoy the benefits that mPokket has to offer. So, if you need an instant personal loan, give mPokket a try and enjoy the convenience it provides.
mPokket is an excellent loan lending app for students and salaried professionals who need instant cash to cover their daily expenses or an emergency situation. With low-interest rates, exciting rewards, and a 100% digital and paperless process, it is an excellent choice for those who need quick and affordable loans. Follow the easy application process, and you can get an instant loan in minutes.