Do you require a guarantor for the loan?
Nice question! We want to keep the process simple and believe in our clients and hence we do not require any guarantor for the loan to be sanctioned to you.
Related Articles
Can I extend my loan?
If you wish to extend your loan period, simply request for an extension on the loan page. The tenure may be extended two per loan.
What is the loan tenure?
Loan tenures can be upto 90 days, including extensions. There are no charges for pre-payment.
How do I repay the loan?
You can repay your loan anytime during the tenure through the Loan Page on the app—just tap the 'Repay' button. You’ll be redirected to your UPI app to complete the payment. Easy!"
My loan extension transaction is successful, but why has not my loan been extended?
Your StuCred loan extension charge is not yet credited to our bank, because our bank is yet to confirm the deposit status. Sometimes, due to technical issues at the bank, money transfer gets delayed. In these cases, Banks take upto 3 working days to ...
How is the money/loan disbursed?
Approved Loan of an applicant will be disbursed securely directly into VPA (a.k.a UPI ID) entered by them on the StuCred app.