Mobile Loan Yojana : In today’s digital age, almost everyone owns a smartphone. But here’s something most people don’t know — your smartphone isn’t just for social media or entertainment anymore. It can now become your tool to get an instant loan of up to ₹5 lakh, right from the comfort of your home.
Yes, it’s not a joke. This is real. If you haven’t heard about it before, let us introduce you to a government-supported scheme called the Mobile Loan Yojana. Through this post, we’ll guide you on how to apply online and get a loan using just your mobile phone.
Get Loan up to ₹5 Lakh from Home — Just Using Your Mobile
To help more people access credit without paperwork or hassle, the government has launched the Mobile Loan Yojana. The aim is simple — to enable people to apply and receive personal loans using just their smartphones.
And the best part? You don’t have to step out of your home or visit any bank. Just download a loan app, complete a few steps, and you can get anywhere between ₹10,000 to ₹5,00,000 credited directly into your bank account.
Documents Required for Mobile Loan Yojana
To apply for a mobile-based loan under this scheme, you’ll need the following documents:
- Aadhaar Card
- PAN Card
- Passport-size Photograph Mobile Number & Email ID
- Bank Passbook
- Income Certificate
- Caste and Residence Proof (if required)
Keep these documents ready in soft copy (photos or PDFs) for uploading during the online application.
How to Apply Online Using Your Mobile
Follow these simple steps to apply for the Mobile Loan Yojana using any trusted instant loan app:
- Go to Google Play Store and download a trusted loan app like:
- Navi
- KreditBee
- Fibe (EarlySalary)
- TrueBalance
- Nira
- LazyPay
(There are many more available)
- Install and open the app.
- Register using your mobile number and verify via OTP.
- Complete your profile and upload all required documents.
- Choose the loan amount you need (up to ₹5 lakh depending on eligibility).
- Complete the online KYC process.
- Submit the loan application.
Once verified, the amount will be disbursed to your bank account — sometimes within minutes to a few hours!
