Pocket Finance is a mobile finance app that provides a safe and convenient way to borrow money from your trusted friends and family members. It provides a platform for registered non-bank financial companies (NBFC) or banks to lend users. Our primary partner NBFC – HARE KRISHNA FINANCE PRIVATE LIMITED is a Systemically Important NBFC within the group companies carrying the Pocket Finance brand.

Why should you choose Pocket Finance?

◾ Low-interest rates, you can borrow at low interest rates;

◾ We offer a platform to facilitate registered non-bank financial companies (NBFC) or banks to lend users;

◾ We provide a platform for users to borrow money from their trusted friends and family members;

◾ You can get a loan of up to Rs 1 lakh, suitable for all Indian friends aged 18 to 60;

◾ Choose from a range of repayment options, including interest rates and service fees;

◾ We keep your information safe and secure;

◾ You can get your loan quickly and conveniently.

Here are some examples of fees:

◾ The loan amount is usually 8,000 to 50,000 rupees;

◾ Each time the repayment is completed and the loan is initiated again, the amount will be increased by 30%-80%, up to a maximum of 100,000 rupees;

◾ The repayment period is from 91 days to 180 days;

◾ The Annual Percentage Rate (APR) is 19% - 30%;

◾ Service fee varies from 1% - 15%；

◾ GST will be applicable only on the fee components as per Indian laws.