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Q.

What is mPokket Personal Loan Interest Rate?

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1 Answers

3 days

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0 2024-12-30T08:20:38+00:00

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 Policies 

I hope this was helpful.

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