My Pocket Instant Loans - Interest Rates, Loan Limits
The app gives loan amounts ranging from Rupee 2000 to a maximum of Rupee 50,000 disbursed directly and instantly to the borrower's Bank account.
My Pocket Loans have an interest rate of 0.5% to 1% per month or APR of 3.5% to 12 per annum. There is a process fee of 2.5% to 5% (GST of 18% applies).
The lender charges late repayment fees of 0.1% per day capped at 18% of the principal amount borrowed.
Note ; according to Google play the app contains ads. Proceed only if you're comfortable with advertisements.
To access loans from this lender, Download My Pocket Instant Loan App from Google play store and create your account.
How to Repay My Pocket Loans
The repayment period for loans from this lender is from 3 months to a maximum of 24 months. When the repayment date is due borrowers can pay from within the app as directed by the lender.
My Pocket Instant Loan Customer Care Contacts
To get further help, kindly use the following Contacts below. Note ,there are no mobile phone numbers at the moment though;
- contact@mypocket.co.in
- help@mypocket.co.in
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