MPL - Mobile Pe Loan is an Instant Personal Loan App & Credit Platform for Young Professionals across India, where one can apply for Personal Loan Online & avail up to ₹1 Lakh as Direct Cash Transfer to Bank Account.

Why MPL ?
1. MPL aims to personal quick online loan with 7 * 24 service
2. Loan service is available across all India
3. MPL audits and disburses very quickly, mostly less than 20 minutes
4. Modern information technologies are used to promote audit ratio
5. It is very easy and simple to apply loan, just using your mobile phone and digital profile
6. Regular customers with good credit could have higher limit and lower interest and fee
7. We're listening from you. Your feedback is very important to loan products

Eligibility:
1. Indian Resident.
2. Above the age of 21 years
3. Source of a monthly income.

Loan Service Characteristics:
1. Easy to Apply: 100% online, and use your phone anytime anywhere
2. Quickly to Get Money: disburse to your bank account in 4 minutes once approved
3. Loan Limit: ₹3,000 to ₹ 200,000
4. Interest Rates: minimum APR is 10%, maximum APR is 32% ( Annual Percentage Rate, APR )
5. Tenure: minimum tenure is 3 Months, maximum tenure is 18 Months

Amount, Tenure, Fees & Charges

Loans amount: ₹3000 to ₹200,000, Tenure: 60 days-15 months. eLoan -Quick Cash charges one-time service fee while onboarding or during upgrade which is depending on the risk profile and membership band availed by customer. Interest rates range from 0%-32% with equivalent monthly interest rate of 0%-2.65% only. A small processing fee is charged for loans e.g. for low risk customers 0%-2.5% of the principal, for very high-risk customers 2.65%-6.0%*. The charges and repayment tenures vary based on creditworthiness and repayment ability of the customers.

About Us:

MPL - Easy Personal Loan, focus on personal online loan with modern information technologies like big data, cloud computing, device fingerprint etc. We aim to provide simple and cheap financial service to millions of mobile internet users.


APR Range: 1.2% to 3% p.m.
Minimum & Maximum Repayment Period: 3 Months to 36 Months
Processions Fees: 1.5% to 6%
Representative Example: Amount of credit ₹ 50,000, borrowed for 12 months. Interest ₹ 3,309. APR% - 12%. Total amount payable - 53,809 (variable)

If you have any questions, please contact us using following ways.

Customer Service Email: [email protected]