The mPokket loan interest rate changes quite frequently and depends on two primary factors: the tenure of the loan and the principal. Recently, I visited their official website and learnt that the interest rate starts at 24% and goes up to 48%. They have even provided a PDF about the same in their portal so if you want more details, you can go through it.
What is the Interest Rate of mPokket?
As I mentioned above, the mPokket personal loan interest rate depends on two primary factors: principal amount and interest rate. Here is the list I am aware of:
Principal | Tenure (months) | Interest Rate |
500 to 4000 | 6 | 30%-48% |
5000 to 25000 | 9, 12 | 24%-30% |
You can visit the
mPokket website
and verify the details again. In fact you can apply for a loan here in this very portal. Just provide your mobile number there, enter the OTP you receive and proceed.
They even have a detailed PDF about the interest rate and policies listed there. Here is the link to it:
mPokket Rates and PoliciesI hope this was helpful.
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What is mPokket Personal Loan Interest Rate?
DyutiSen87
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1 Answers
3 days
2024-12-30T08:03:51+00:00 2024-12-30T08:03:51+00:00Comment
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