Today we are going to review an amazing Android App through which students can take full advantage to fulfill their dreams by applying for short loans with mPokket Apk. Using this app, students can apply for direct short loans. The tenure to pay this loan is 3 months.
Therefore you need to be very careful before applying for this loan. Because you need a backup plan through which you can repay this loan and apply for a new one. If you are unable to pay your old loan and soon after applying for a new one than you start pushing yourself into circular debt.
So if you are intelligent enough and knows how to repay your loan for further extension than you’re the perfect one who is eligible for this lone.
What is mPokket
mPokket App offers instant loan to students who are living in India. Applying for this loan is very easy and you don’t need to mortgage any kind of property for it. Because in the beginning they only provide little amount to check whether the students who are applying for this loan have the caliber to repay.
If someone is successful to repay this loan in a given time without creating any issue. Then he/she will be rewarded with points which makes their profile stronger. Means he/she are now eligible to apply for a further high amount of loan.
Moreover this is a perfect opportunity for those students who are intelligent enough to convert this loan into a money-making machine. By investing it in a business plan or use it in a project which has the potential to convert this investment into profit.
To convert this loan into profit, all you need is a perfect plan. If you have an idea, use that idea so efficiently that you don’t need to worry about repaying of loan. All you need to worry about is your progress and aggression to fulfil your dreams.
The good news about this instant loan is that the amount will be sent via the online banking system into your account or your Paytm wallet. We are not comfortable giving you this bad news but still, we want to let you warn by informing you, before causing any damage to yourself.
The bad news is if you are applying for this loan than you need to repay this loan with interest. For example, if you apply for 10000 rupees loan and you fixed that in 90 days you’re gonna repay this loan. Then your interest over 10000 will be 1050 which means you have to repay 11050 rupees to the bank.
Yeah, the interest over the loan is quite high. But told you earlier if you have a perfect plan than you can convert this loan into a money-making machine. The minimum amount of browning starts from 500 and your browning limit will increase timely depends on your usage.
Details of Apk
|Required Android||4.0 and Above|
What Is The Eligibility Criteria?
Two kinds of loans mPokket Apk offers.
- Instant Student Loan.
- Instant Salary Loan.
For students instant loan you need to be a college going student whose age is 18+. And if you are applying for an instant salary loan than you need to provide a job appointment letter with graduation degree and address where you are currently working.
The core idea of this instant loaning is to facilitate the students who are currently studying and don’t have money to pay their college fee. And this app also gives an advantage to ongoing job professionals to support their families in tough times when they don’t have money in their account.
- Students Instant Loan: If you are a student and want to apply for this loan then you need to submit ID Proof with College ID Card
- Instant Salary Loan: You are an ongoing job professional and willing to apply for this loan then you to submit Office Letter or Salary Slip with Bank Statement.
Screenshots of mPokket App
How to Download and Use mPokket Apk
You can download the latest version from here. To download click on the download button provided inside the post at top and bottom of the article. We believe you feel awkward to download it from here but don’t feel awkward because we are very sensitive about our valuable users.
To make sure the users are entertained with the right app, our expert team install the same application on different devices. To be sure that the app is free of malware and users are entertained with the correct apk version.
Once you are done with downloading, now the next step comes in the installation and utilization of mPokket Apk. To use this app efficiently please follow the below steps.
- Firstly go setting and allow the Unknown Sources for installation.
- Now click on the Apk file and press the install button.
- Wait for a couple of seconds so your device installs the app correctly.
- Soon after the installation finished, click on the app icon to open the application.
- Once the app is opened now you need to upload KYC information including Student ID Card, Selfie Video and Complete Address.
- You need to wait for an hour so the company will verify your profile information.
- Once the information is verified now select the loan plan and in what time you’re gonna repay the company loan.
- Next step is to provide a bank account or Paytm wallet account where you want to deposit your loan.
- If you are willing to apply for a higher amount of loan than you need to provide more information to the company.
- You need to submit job-related information for a loan if you are a professional.
mPokket Apk is particularly designed to facilitate students who can’t pay their fee. And this app also provides professional loans to ongoing job personals.
To apply for a loan, you need to provide your information correctly and don’t try to be over smart. I hope this article will be fruitful and if you like this post don’t forget to share it with your friends.