Are you in need of funds for personal expenses like medical bills, home repairs, weddings, or school fees? Mobikwik makes it easy to apply for a personal loan online, offering amounts ranging from ₹50,000 to ₹2 lakh.
In this article, we’ll guide you step-by-step on how to apply for a Mobikwik Personal Loan in 2025, along with all the essential details you need to know.
Key Highlights of Mobikwik Personal Loan 2025
- Loan Amount: ₹50,000 to ₹2 lakh
- Interest Rate: Starting from 9% up to 35.99%
- Repayment Tenure: 3 months to 24 months
- Eligibility: All Mobikwik users who meet the criteria
- Application Fee: As per applicable charges
Eligibility Criteria for Mobikwik Personal Loan
To apply for a Mobikwik Personal Loan, you must meet the following requirements:
- You must be an Indian citizen.
- You should have all the necessary documents ready.
- A good credit score is required.
- You should not have any history of loan defaults with banks or financial institutions.
Documents Required
To apply for the loan, you’ll need the following documents:
- Aadhaar Card
- PAN Card
- Bank account details
- Registered Mobikwik mobile number
- Email ID
How to Apply for Mobikwik Personal Loan Online 2025
Follow these simple steps to apply for a personal loan through the Mobikwik app:
- Visit the Google Play Store, download the Mobikwik app, and install it on your smartphone.
- Open the app and enter your 10-digit mobile number. Click on “Send OTP” and verify the OTP received on your phone.
- Once logged in, navigate to the loan section on the app’s dashboard.
- Fill the Loan Application Form: Provide all the required details in the loan application form.
- Select Loan Amount: Based on your eligibility, choose the loan amount (between ₹50,000 and ₹2 lakh).
- Set Up EMI: Configure your EMI plan as per your repayment capacity.
- Submit Application: Review all the details and submit your application.
- Loan Disbursal: Once approved, the loan amount will be transferred directly to your bank account.
Interest Rates and Repayment Details
- Interest Rate: Ranges from 9% to 35.99% per annum.
- Repayment Tenure: Flexible tenure options from 3 months to 24 months.
Why Choose Mobikwik for Personal Loans?
- Quick and hassle-free application process.
- Minimal documentation required.
- Instant loan approval and disbursal.
- Competitive interest rates.
Important Links
For more details and to apply for the loan, visit the official Mobikwik website: https://www.mobikwik.com.
Conclusion
Mobikwik Personal Loan is a convenient and reliable option for meeting your financial needs. With loan amounts up to ₹2 lakh, easy eligibility criteria, and a simple online application process, you can get the funds you need in no time. Follow the steps mentioned above to apply for your loan today!
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