Spotted a massive online sale, but your bank balance is looking a little low? Or maybe your smartphone just died, and you need a replacement today. We believe you shouldn't have to empty your savings just to buy the things you love.
What is a Personal Loan for Shopping?
A personal loan for shopping is instant digital credit that allows you to buy electronics, lifestyle products, or travel experiences immediately, giving you the freedom to repay the amount in small, flexible EMIs. It's the smartest way to shop online or offline without needing a traditional credit card.
Why Trust mPokket?
mPokket’s loan approval process is as fast as your online checkout process. Trusted by over 50 million Indians, this RBI-registered digital loan platform is the primary choice among borrowers seeking a short-term loan for shopping.
- Shop Anywhere: Unlike restrictive store credits, the cash goes straight to your bank account. You can use it for any purpose, shop online or from a local store.
- Instant Processing: Funds reach your bank or UPI wallet in 2 to 7 minutes.
- Flexible Amounts: mPokket allows you to borrow up to ₹2,00,000 for any purchase.
- Easy Repayment: Choose a repayment timeline that perfectly matches your monthly salary cycle or payday. You can select 6 to 24-month EMIs or short-term 61 to 120-day plans.
- Highly Accessible: Perfect for interns and freshers with minimal credit history, helping you build your credit score securely while you shop.
How to Apply for a Shopping Loan?
Getting an instant personal loan for your shopping needs is quick and effortless with mPokket. Here are the simple steps to get started:
- Download & Register: Install the mPokket app on your device and sign up using your mobile number.
- Quick KYC Verification: Upload your Aadhaar card, PAN card, and a quick selfie for secure, instant identity verification.
- Check Your Limit: Open the mPokket app to instantly see your approved borrowing limit.
- Take the Cash: Once approved, transfer the exact amount you need for your shopping cart directly to your bank account. The fund will get credited within 8 minutes.
- Start Shopping: Buy your favourite gear and pay us back in stress-free instalments over the next few months.
