India's first instant loan app for college students and young professionals. Get loans from ₹500 to ₹30,000 without any credit history.
Loan Amount
₹500 - ₹30,000
Interest Rate
0-4% per month
Tenure
61-120 days
Processing Fee
4% or ₹34-₹203
mPokket is India's first instant loan app specifically designed for college students and young salaried professionals. Founded in 2016, mPokket has disbursed over ₹2,500 crores in loans to more than 10 million users across India.
What sets mPokket apart is its unique approach to lending - it doesn't require a credit history or CIBIL score, making it ideal for first-time borrowers. The app uses alternative data points and social scoring to assess creditworthiness, enabling quick approvals for students and young professionals who typically struggle to get loans from traditional banks.
Perfect for students and first-time borrowers
Complete loan process on mobile app
Instant credit decision using AI
Money to bank account or Paytm wallet
Unsecured personal loans
Convert to flexible EMI repayment
Varies based on credit profile and loan amount
Processing Fee
4% or ₹34-₹203
+ 18% GST
Prepayment Charges
No charges
Free prepayment anytime
Late Payment Charges
₹250-₹500 per late payment. Always repay on time to avoid penalties and maintain good credit.
Download from Google Play Store or Apple App Store
Upload Aadhaar, PAN, college ID, and selfie
AI instantly assesses and shows your approved limit
Choose amount and tenure as per your need
Money credited to bank or Paytm wallet immediately
Join 10 million+ users who trust mPokket for instant loans. No credit history required - perfect for students and young professionals.