StuCred Students Loan app
Loan availability
StuCred do not charge any interest for the tenure it has assigned the loan ,it only charges the processing fees which is 6%.
- Loan amount-Rs 500 to 10000
- Tenure-maximum of 120 days
- Interest charged-0%
- Processing fee charge-6%
Eligibility
- Age-18 to 25 years
- Indian Citizenship
- Should be a College going student
Documents Required
- College ID card of student
- Aadhaar card/Driving license/Voter ID
- Pan card
- KYC documents details for uploading
Badabro app for students
Loan availability
- Loan amount-Rs 500 to 10000
- Tenure-maximum of 90 days
- Interest charged-12% to 24% per annum
Key Features
- Loan is disbursed instantly to your bank or PayTm account.
- Flexible emi for 30-90 days
- 24/7 access
Eligibility
- Age-18 to 25 years
- Indian Citizenship
- Should be a College going student
Documents Required
- College ID card of student
- Aadhaar card/Driving license/Voter ID
- Pan card
- KYC documents details for uploading
- latest marksheet
- Money receipt issued by the college.
How to apply for the loan
- Download BadaBro App
- Upload the Documents.
- wait for the approvalin which credit limit wil be assigned to you, you will be notified by sms or email.
- select the loan amount and tenure, also selectthe Bank or PayTm account where the loan amount is to be disbursed.
You can do the repayment of the laon by Debit Card, UPI wallet or PayTm
KrazyBee loan app
KrazyBee Loan application can be used to borrow loan for college expense, It is the India’s Largest student credit platform, the repayment tenure offered here is of 12 months
Loan availability
- Loan amount-Rs 1500 to 50000
- Tenure-maximum of 15 months
- Interest charged-29.95%-36%
- Processing fees-0.1% to 5% of outstanding Principal amount.
Eligibility
- Age-18 to 25 years
- Indian Citizenship
- Should be a College going student should have enrolled yourself to a full time degree or diploma course in the recognized University.
- Your college must be in the approved list of colleges.
Documents Required
- College ID card of student
- Aadhaar card/Driving license/Voter ID
- Pan card
- KYC documents details for uploading
KrazyBee Features
- Easy loan availability and doorstep services.
- Minimum Documentation
- easy EMI
- Less Processing time.
- buy now pay later facility available in easy monthly installments
How to Apply
- Download KrazyBee student laon app from Playstore
- Upload the required Docuents
- Complete Video Verification process
- sign the loan agreement online
- Make a minimum downpayment before the loan proceeds.
Pocketly Loan app
Pocketly student loan app
Loan availability
- Loan amount-Rs 500 to 10000
- Tenure-maximum of 30 days
- Interest charged-2% to 3% per month
Eligibility
- Age-18 to 25 years
- Indian Citizenship
- Should be a College going student
Documents Required
- College ID card of student
- Aadhaar card/Driving license/Voter ID
- Pan card
- KYC documents details for uploading
mpokket student Loan app
Loan availability
- Loan amount-Rs 500 to 20000
- Tenure-maximum of 90 days
- Interest charged-1% to 6% per month
Eligibility
- Age-18 to 25 years
- Indian Citizenship
- Should be a College going student
Documents Required
- College ID card of student,students persuing a full time course with the recognized university are eligible for student loan,students doing corresponding courses are not eligible for the loan.
- Aadhaar card/Driving license/Voter ID
- Pan card
- KYC documents details for uploading
FAQ
Is it compulsory to be enrolled in the university for the loan from Loan apps?
Yes, unless you are doing a full time course or diploma with a university you are not eligible for the student loan on student loan apps.
can i get a loan if I studying from university but doing a corresponding course?
No, for availing loan from the loan apps you should be a full time college going student.
What are the drawback of sudent loan apps?
The biggest drawback is the Interest rates charged which are quite high for the student .