Getting a loan is easier for high salaried professionals and individuals as their higher income assures lenders of better timely repayments. For this reason, banks and financial entities usually target high-income individuals with attractive offers of an instant cash loan. But what happens to people with low salaries who are in urgent need of cash? Can they get a low salary personal loan if they need money for part time education or in case of emergencies such as hospitalization? The answer is, yes. mPokket low salary instant loans are for low-income working professionals with a take-home salary of ₹ 9,000. As long as they meet the eligibility criteria, they can avail of the low salary instant loans.
You have Voter Card/Driving License/Passport/Aadhaar as an ID proof.
Your have PAN card (mandatory).
You have last 3 months bank statement.
You have last salary slip/Offer Letter/Joining Letter.
What are the Benefits of Using mPokket Personal Loan for Low-Income Earners?
mPokket low salary instant loans dispel the myth that people with low salaries cannot get a personal loan. The instant personal loan for low salaried and low-income earners ranges from ₹ 1,000 to ₹ 30,000 and can be used for multiple purposes. The personal loan can fund your dream travel vacation or allow you to take up an online course to upskill yourself. The mPokket personal loan for a salary below ₹ 12,000 can help you meet your financial needs without stress.
From time to time, all of us face a financial crunch and that’s where mPokket low salary instant loan comes to the rescue. The online personal loan for low salaried individuals helps you tackle any financial requirement with ease. Additionally, not everyone qualifies for a personal loan due to the criterion of minimum income. When you are working at your first job, is it even possible to apply for an instant personal loan? Fortunately, mPokket offers a personal loan for applications below the salary of ₹ 10,000.
The benefits of mPokket instant loan app are:
Personal loans for low-income earners can be used to fund their urgent cash needs.
mPokket offers flexible repayment options for people with low salaries, or personal loans for a salary below ₹ 10,000, so that they can plan their personal expenses and the loan amount repayment.
Instant personal loans are ideal for low salary youngsters who have just started their career and help them fulfil luxuries such as purchasing a gadget during a festive sale or even funding their marriage.
Why use mPokket Instant Cash Loan App for Low Salaried Individuals?
mPokket mini cash loans are designed for emergencies. Here are the situations where people usually apply for urgent cash loans.
Some reasons why more than 7 million users in India opt for mPokket personal loans are:
If you are finding it difficult to get a personal loan because of your low salary, mPokket offers a low salary personal loan that can be repaid within 4 months.
As soon as you clear the eligibility criteria, the loan is disbursed within a few hours. The application process is completely online, with minimal documentation submissions.
Rest assured, your personal data is safe with mPokket. The best encryption system protects your data and your information is safe at all times.
Receive instant cash in your bank account
The online instant cash loan gets deposited straight into your bank account, thereby eliminating a lengthy loan application process.