Pocketly Loan


Pocketly is an RBI registered app that provides a convenient solution for young professionals who require immediate cash for daily expenses. With an interest rate of 24%-36% p.a. and for a tenure period of 3 months, Pocketly provides you personal loans starting from ₹500 to ₹10,000

Now, enjoy the facility of loan management at your fingertips with the Pocketly app. Individuals who are at least 18 years old and residing in India, whether employed or having a steady monthly income, are eligible to seamlessly apply for a loan using the Pocketly loan app.

Check Your Eligibility

Get Your Loan Eligibility Now!

Free Credit Score

Get Your Free Credit Score Here!

Pocketly Personal Loan Details

Accessing a personal loan has never been easier, especially with Pocketly instant loan for students and young professionals. With Pocketly app you can avail a personal loan in just a few clicks, for further details you can refer the table below & know more about Pocketly Personal loan:

Interest rate 24% - 36% p.a.
Loan amount ₹500 up to ₹10,000
Tenure 3 months

Pocketly Loan Interest Rates

Pocketly loan offer affordable interest rates to fulfill your sudden monetary need as it is your go-to personal loan app. With Pocketly personal loan you can customize your loan to suit your requirements and choose a simple repayment plan to pay it back at your convenience with the most affordable interest rates.

Pocketly Personal Loan Interest Rate 24%-36%

Pocketly Loan Fees & Charges

Financial flexibility and peace of mind are essential when it comes to availing personal loans. With Pocketly Personal Loan,the processing fee and the structure of the charges are designed to be fair, reasonable, and easy to understand, ensuring that you have a seamless borrowing experience from start to finish.

Hence, the table shows in detail on fees and charges provided by Pocketly personal loan:

Processing Fees 4.2% + service tax
Tenure 3 months
Loan amount ₹500 - ₹10,000
Foreclosure Fee NIL
Late payment fee 15% on the amount due

Pocketly Loan Eligibility Criteria

Each individual's financial circumstances are unique, our eligibility criteria are designed to be reasonable and accessible, allowing you to make the most of the Pocketly personal loan facilities. Hence, now refer the table to get further details on Pocketly Personal loan eligibility criteria:

Age 18 - 30 years
Income level Minimum ₹15000
Employment Salaried or Self-employed

Apply for a Personal loan now!

Documents Required for Pocketly Personal Loan

Applying for a personal loan with Pocketly is simple and straightforward to ensure a smooth process. Inorder to experience this seamless process refer to the points below to know about the essential documents required for Pocketly personal loan that you should keep handy to avail a Pocketly personal loan.

Calculate EMI For Pocketly Personal Loan

Are you considering taking a Pocketly Personal Loan?

You should calculate your EMI for Pocketly personal loan to plan for a hassle-free repayment process. When it comes to planning a dream vacation, home renovation, or managing unexpected expenses, it's crucial to have a clear understanding of your financial obligations.

One key aspect is knowing the total amount of Equated Monthly Installment (EMI) you'll need to pay. Now, plan your finances better by calculating the Equated Monthly Installment (EMI) for your Pocketly Personal Loan.

₹
%
Monthly EMI ₹86
Principal Amount ₹1,000
Total Interest ₹32
Total Amount ₹1,032.00

Year Month Principal (A) Interest (B) EMI (A+B) Balance Loan Paid to Date (%)

Compare Lendingkart Business Loans Over Other NBFCs

Before you apply for an instant loan you should refer to the table below that will help you get a clear picture about the various interest rates provided by other NBFCs. Hence, compare and choose the right NBFCs that fits best for your financial requirements:

NBFCs INTEREST RATE (p.a.)
Pocketly 24%-36%
Phocket 30.4%-36.06%
Paysense 16.8% - 27.6%

Read More

Read Less

Apply for a Personal loan now!

Features & Benefits of Pocketly Loan

Pocketly loan provides a maximum credit amount of Rs. 10,000, that too without collateral. With a clean and simple user interface Pocketly app provides a convenient solution for individuals in need of quick and hassle-free access to funds. Not just that Pocketly personal loan also provides you other major exclusive features and benefits to fulfill your monetary needs, they are mentioned below:

Flexible Loan Amount

Borrow loan amount starting
from ₹500 - ₹10,000

Quick and Easy

Get quick loan in the
most less complicated way

No Physical Documentation

Experience a seamless
100% online process

Short term loan

Get short term loan
starting from ₹500

24/7 Online Support

Pocketly loan provides 24/7
assistance for your quires

Quick Loan Disbursal

Get your loan amount
disbursed in minutes

Types of Pocketly Loan

Pocketly offers loan services tailored for salaried and self-Employed individuals to suit the diverse financial needs of individuals. Pocketly app has designed specific loan options to cater to your unique circumstances. Here, are the two types of personal loan provided by Pocketly

Pocketly Loans for Salaried and Self-Employed : Pocketly provides loans for salaries and self employed for upto 50,000 for an interest of 12% p.a for tenure period of 3 months. This is designed for individuals with a minimum income of ₹15,000.

How Do You Apply for Pocketly Personal Loan with Buddy Loan?

Steps To Apply For a Personal Loan with Buddy Loan

  • Step 1: Visit buddyloan.com or Download & install the Buddy Loan app (Android or iOS).
  • Step 2: Open the Personal Loan Application Page. Provide the mobile number and enter the received OTP.
  • Step 3: Specify the desired loan amount & personal email. Next, choose the Personal Loan option
  • Step 4: Choose the employment type (Salaried, Self-Employed, or Student) and the salary mode (bank or cash).
  • Step 5: Enter your work details (Including company name, years of service and Designation)
  • Step 6: Enter your personal details (Including Full Name, PAN, address DOB & Gender)
  • Step 7: Provide your communication address, and income details and Click the ‘Submit’ button.

Apply for a Personal loan now!

Pocketly Personal Loan Repayment

We believe in empowering you to manage your finances effectively!

And repaying personal loans is an important aspect of your financial journey. To provide you with clarity and peace of mind, we present the flexible Pocketly Repayment options. With our transparent and flexible repayment tenure for 4 months and now you can easily plan your budget and stay on track to fulfill your financial obligations.

Frequently Asked Question on Pocketly Personal Loan

Pocketly loan provides you personal loan upto ₹10,000. The instant approval process makes it ideally the fastest loan approver for students.

Pocketly loan is registered by RBI and it follows the RBI regulations for loan transactions to ensure compliance. Hence all the loans availed with the assistance of Pocketly loan is verified

With Pocketly loan you can get as low as ₹500 up to ₹10,000 whenever you need it.

Pocketly provides personal loans at an annual interest rate of 2%-3%p.m.

Pocketly's loan range starts from ₹500 and goes up to ₹10,000.

Display of trademarks, trade names, logos, and other subject matters of Intellectual Property displayed on this website belongs to their respective intellectual property owners & is not owned by Bvalue Services Pvt. Ltd. Display of such Intellectual Property and related product information does not imply Bvalue Services Pvt. Ltd company’s partnership with the owner of the Intellectual Property or proprietor of such products.

Please read the Terms & Conditions carefully as deemed & proceed at your own discretion.

The information provided above is for general informational purposes only and does not constitute an offer or solicitation to avail of any financial services or products. Buddy Loan is a Digital Fintech Marketplace that connects borrowers with lenders and is not a lender itself. While we strive to ensure that the information regarding interest rates, loan amounts, and terms provided by our partner Banks and NBFCs is accurate and up-to-date, these details are subject to change at the discretion of the respective lenders.


Before making any financial decisions, we strongly advise you to read the terms and conditions of the specific loan product and consult with the lender directly. Buddy Loan does not guarantee the approval of any loan application, as approval is subject to the lender's assessment and your creditworthiness. Buddy Loan will not be held responsible for any discrepancies or damages arising from the use of this information. Please verify all loan-related details & documents with the respective lender before proceeding.


By using our platform, you acknowledge and agree to these terms.

playstore Rated 4.5 on Google Play mobile 10M+ App Installs applicant 25M+ Applicants till date & growing man 150K+ Daily Active Users