Will I receive any notifications to help me repay on time?
You will receive timely reminders to help you stay on track
- On the StuCred app, click on the Bell icon on the top right corner of your screen to check all notifications
- StuCred will also send messages and make calls to your registered phone number on the days leading up to your loan repayment date to remind you
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What happens if I don’t pay on time (default)?
If you are unable to repay the loan by the due date, you can use the extension feature available in the app—provided you apply before the due date. Failure to repay on time will result in a default service charge and a daily late fee. You are allowed ...
When will I get a cash reward?
Users who take loans, repay on time, refer friends frequently, and participate in monthly contests will earn cash rewards for each activity.
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!"
I am unable to receive my OTP for login.
If you are unable to receive the OTP from StuCred you can check for the following Go to a place with better mobile connectivity. You can try with the same OTP for up to 5 minutes from receipt of OTP. If the time expires, request for a new OTP. Kindly ...
When will I receive the loan amount in my linked bank A/c?
If the transaction is successful, the amount will be credited to your linked bank A/c instantly. Sometimes, due to technical issues at the bank, money transfer gets delayed. In these cases, Banks take upto 3-5 working days to confirm transaction ...