Mystro : Personal Loan app 17+

Best app for emergency needs

Mystro: Simple, Quick & Instant Personal Loan app

    • 4.0 • 129 Ratings
    • Free



Mystro is Mumbai based NBFC that provides loan Personal, education, school fees and various other emergency needs. Loans are provided from own RBI registered NBFC Mitron Capital Pvt Ltd. Loans offered range from Rs.10,000 to Rs. 2 lakhs repayable in EMIs. We serve customers through a completely online and 100% paperless process.

Bill Payments: Now directly pay your Regular bills like Electricity, Water, DTH, Insurance, Broadband and many more on Mystro app without any additional cost. Now track and pay your bills on Mystro app.

Why download the app?
1. Zero charge for Loan Applications or Bill payments
2. 0% Pre-closure charges for Loan, now repay anytime, any where on app
3. 100% Online, Video KYC based
4. Get Loan on App and Pay bills on Mystro without additional cost
5. Track your Loans on app and Re-apply as your repay loans

How is Mystro Different
a- Mystro loans are relative lower cost compared to Pay day loans
b- Loans can be customised for EMI based repayment as per your need
c- Loans durations are 3 months to 18 months based on Loan availed

Our Personal Loans are meant for taking care of your emergency requirements like credit card bills, Tuition fees bill amounts, family events, goods purchase, medical and many other. Mystro loans are best suited for Salaried individuals residing in India only. You can avail loans and repay your Bills on One app.

Education loans are provided along with partnership with leading education/accredited vocational institutes. Loan amounts range from Rs. 10,000 to Rs. 3 lakhs.

Loans provided are from loan periods of 3 months to 36 months. Interest rates depend on loan product and vary from 15.00% to 36.00 % per annum.

Example of Personal Loan:
Loan Amount: ₹50,000/-
Interest Rate: 24.00% (on Reducing Principal Balance interest calculation)
Tenure: 12 months
Processing fees: Rs. 1500 + GST = Rs. 1770 (deducted from loan disbursed)
EMI: Rs. 4728
Total Interest Cost: Rs.6736
Total Loan Amount Repaid: Rs. 56736
Total Cost of Loan: Rs 8506
APR : 17.01% p.a

Example of Education Loan:
Loan Amount: ₹200,000/-
Interest Rate: 15.00% per annum (on Reducing Principal Balance method)
Tenure: 36 months
Processing fees: Rs. 6000+ GST= Rs. 7080 (deducted from loan disbursed)
EMI: Rs. 6933
Total Interest Cost: Rs.49590
Total Loan Amount Repaid: Rs. 249590
Total Cost of Loan = Rs 51714
APR: 8.62% p.a

How it works?
1. Install the Mystro app
2. Enter Mobile number and Enter OTP to Register
3. Check various Loan Products and Features
4. Scan your Aadhaar and PAN card, take your Selfie and upload current address proof
5. Complete a simple 2 minutes Loan Application form on the app
6. Check status after Submission of Loan application
7. On approval, Complete your Loan Documentation and Signing on the Mobile app
8. Get the funds disbursed in your bank account

Why us?
a- You directly apply with us and there are no additional costs of intermediaries
b- Our interest rates are comparatively lower to Pay-day loans & most other loan apps.
c- We have served thousands of customers and Authorized RBI Approved Company
d- All Loans do not have any Pre-closure charges. So you can avail and pay-off anytime without thinking of additional closure charges.

Know more about the products, company and policies

What’s New

Version 1.0.20

Minor bug resolved

Ratings and Reviews

4.0 out of 5
129 Ratings

129 Ratings

Kenneth sundeeo ,


I feel the app is quite fast in the case of submitting documents I’m waiting to see if I can get a loan

Chet-123 ,

SBI Bank

Why SBI Bank is not listed in Your List ?

kamalkanth kala ,

Application processing late

This app is waste as we Submit the docs it’s takes time to verify and update us whether the loan is approved or not. I have applied a loan long back but till now no update and it shows still in process

App Privacy

The developer, Mystro: Simple, Quick & Instant Personal Loan app, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

Data Linked to You

The following data may be collected and linked to your identity:

  • Financial Info
  • Location
  • Contact Info
  • User Content

Privacy practices may vary based on, for example, the features you use or your age. Learn More

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