PocketMitra-Personal Loan Downloads & RevenuePocketMitra-Personal Loan · App Store & Google Play

PocketMitra is built for customers who want a straightforward way to apply for a personal loan online.

Loan Amount: ₹1,000 to ₹50,000
Loan Tenure: 91 to 365 days
Maximum Annual Percentage Rate (APR): 31.6% per annum
Maximum Monthly Percentage Rate: 2.63% (31.6% / 12)
Maximum Daily Percentage Rate: 0.087% (31.6% / 365 days)
Processing Fee: Varies based on the loan amount and tenure.
GST: 18% of the processing fee, as applicable under Indian law.

Representative Example:
Loan Amount: ₹10,000
Loan Tenure: 180 days
Processing Fee: 4%
GST on Processing Fee: 18%
Annual Percentage Rate (APR): 31.6%
Interest Amount: ₹1,558.36 = ₹10,000 × 31.6% × (180 / 365)
Processing Fee: ₹400 = ₹10,000 × 4%
GST on Processing Fee: ₹72 = ₹400 × 18%
Total Charges: ₹2,030.36 = ₹1,558.36 + ₹400 + ₹72
Total Repayment Amount: ₹12,030.36 = ₹10,000 + ₹2,030.36

Apply for a personal loan through a simple digital process designed for customers in India.
Use the app to register, provide the required information, complete verification steps, submit your application and track your application status.
Digital Loan Application
Start and manage your personal loan application online. The process is designed to be clear, convenient and easy to follow.
Easy Registration and Verification
Create your account, enter the required details and complete the verification steps requested during the application process. You can review your progress and continue the required steps in the app.
Clear Information
Relevant loan information is presented during the application journey so you can review the applicable terms before completing your application.
Less Paperwork
Complete key application steps digitally and access relevant information through the app, reducing unnecessary paperwork where digital processing is available.
Information Security
Information needed for registration, verification and loan application handling is collected and processed with appropriate user consent. The app is designed to support a secure digital application experience.

Contact us if you have any questions:
Our customer support team is ready to help. You can contact us through the following channels:
Phone: 8031290850
Email: [email protected]
Corporate Office Adress: Khykha Khyrr, 18/1, Castle St, Ashok Nagar, Bengaluru, Karnataka 560025

PocketMitra is built for customers who want a straightforward way to apply for a personal loan online.

Loan Amount: ₹1,000 to ₹50,000
Loan Tenure: 91 to 365 days
Maximum Annual Percentage Rate (APR): 31.6% per annum
Maximum Monthly Percentage Rate: 2.63% (31.6% / 12)
Maximum Daily Percentage Rate: 0.087% (31.6% / 365 days)
Processing Fee: Varies based on the loan amount and tenure.
GST: 18% of the processing fee, as applicable under Indian law.

Representative Example:
Loan Amount: ₹10,000
Loan Tenure: 180 days
Processing Fee: 4%
GST on Processing Fee: 18%
Annual Percentage Rate (APR): 31.6%
Interest Amount: ₹1,558.36 = ₹10,000 × 31.6% × (180 / 365)
Processing Fee: ₹400 = ₹10,000 × 4%
GST on Processing Fee: ₹72 = ₹400 × 18%
Total Charges: ₹2,030.36 = ₹1,558.36 + ₹400 + ₹72
Total Repayment Amount: ₹12,030.36 = ₹10,000 + ₹2,030.36

Apply for a personal loan through a simple digital process designed for customers in India.
Use the app to register, provide the required information, complete verification steps, submit your application and track your application status.
Digital Loan Application
Start and manage your personal loan application online. The process is designed to be clear, convenient and easy to follow.
Easy Registration and Verification
Create your account, enter the required details and complete the verification steps requested during the application process. You can review your progress and continue the required steps in the app.
Clear Information
Relevant loan information is presented during the application journey so you can review the applicable terms before completing your application.
Less Paperwork
Complete key application steps digitally and access relevant information through the app, reducing unnecessary paperwork where digital processing is available.
Information Security
Information needed for registration, verification and loan application handling is collected and processed with appropriate user consent. The app is designed to support a secure digital application experience.

Contact us if you have any questions:
Our customer support team is ready to help. You can contact us through the following channels:
Phone: 8031290850
Email: [email protected]
Corporate Office Adress: Khykha Khyrr, 18/1, Castle St, Ashok Nagar, Bengaluru, Karnataka 560025

PocketMitra a digital platform which enables simple and easily accessible application of loans.We offer paperless approval of documentation which is done online thereby resulting in wholly paperless transactions.

Loan Amount: ₹1000 to ₹50000
Loan Tenure: 91 days- 365 days
Maximum Annual Percentage Rate (APR): 35% per year
Maximum Monthly Percentage Rate:2.92%（35%/12 months）
Maximum Daily Percentage Rate:0.96%(35%/365 days)
Processing Fee: depending on loan tenure and amount
GST: 18% on processing fee as per law and policy of India

An example:
Loan Amount: Rs. 10000
Tenure: 6 months
Interest Rate: 22% per year
Total Interest Payable: Rs. 10,000 x 22%/12*6 (6 months) = Rs.1100
Processing Fees (4%): Rs.400(10000*4%)
GST(Processing Fees*18%): Rs.72(400*18%)
Annual percentage rate (APR): 31.44%
Total Amount Payable: Rs.10000+Rs.1100+Rs.400+Rs.72=Rs.11572


Steps to use the product:
1. Download the PocketMitra app and log in with your mobile number to register;
2. Select the product you would like to apply for and fill in your personal information,then submit the application;
3. After the submission, you may receive a call for verification. The final application result will be shown in the APP and you will be informed by SMS if approved;
4. Provide the consent with the loan agreement after the approval;
5. After the confirmation of the loan agreement, the approved loan amount will be disbursed in the account and a SMS notification will be sent.

Eligibility:
Indian citizenship.
Over 18 years of age.
Stable source of income on a monthly basis.

Why choose PocketMitra?
PocketMitra is an online loan product from an RBI-certified NBFC that is guaranteed to be transparent.
If you have a good credit history, it may provide you with a limited loan and better terms.
Your data is secure with us. It is transferred from the server over a secure HTTPS connection, and we do not share it with anyone without your consent.
We process your instant loan application quickly and swiftly. No paperwork and no hassle because we put your needs first.

Tips:Paying your bills on time and building a good credit history will help you to get a higher credit limit.

Contact us if you have any questions:
The customer service is always ready to help you, please contact us in the following ways:
Tel : 8031290850
E-mail: [email protected]
Address:Khykha Khyrr , 18/1, Castle St, Ashok Nagar, Bengaluru, Karnataka 560025

· Improved OTP delivery with WhatsApp
· Enhanced loan application and signing experience