Friends, nowadays every student wants to get some money from somewhere so that we can meet our expenses, for this, we borrow money from our friends, but friends, today I have brought the application through which you can easily take a loan. Also, at 0 interest rate and you will not have to ask money from friends and the application is 100% trusted.
Friends, if you are a student and want to take a loan, then read this post carefully so that you can understand the information I will tell you about the loan and can apply for the loan.
Table of Contents
StuCred App highlights
| INTEREST RATE | 0% |
| CHARGES | GST+PROCESSING FEE |
| CREDIT SCORE | NOT REQUIRED |
| LOAN TENURE | 1 TO 3 MONTHS |
| APP LINK | CLICK HERE |
About student loan app – stuCred app
Friends, the name of the app is StuCred, this app is new in market, the rating of this app on Play Store is 4.5, 5 lakh people have downloaded this app and taken loans and friends, the best feature of this app is that this app has been made to give loans to students.
This application gives you a loan up to Rs 10000, the app is secure, generates your credit score so that you can easily get a loan in future, and you are in any area of India, this application will give you the loan.
How to apply loan in StuCred app
It is very easy to take loan from StuCred app. Friends, I will tell you how to apply for taking loan from this app. Follow the process which I will share and apply for the loan.
1. Download application
- Open Play Store in mobile, search StuCred in it, install the app and open the app.
2. Registration process
- Enter 10 digit mobile number and click on Continue button.
- Now you will see the signup button; click on it.
- Read the terms and conditions, click on the check box, and click the Agree button.
- Enter your full name and date of birth and click on the continue button.
- Set a 6-digit passcode and remember it
- Select your college or course, fill in your email and click on the send otp button.
3. Add vpa / upi id
Friends, you will have to add U,pi Id to get the loan amouID. The process of adding Upi Id is as follows:
- Click on the Add VPA/UPI ID button
- Accept Policies
- Enter UPI id ( you will get upi ID on upi apps )
4. Get loan
- You will verify your UPI ID and see your loan amount.
- Click on Get button
- Verify aadhar card
- Verify PAN card
- Capture selfie
- Upload student ID card
- enter verify button
Now enter your passcode. When you enter the passcode, your loan amount will be transferred to your bank account.
StuCred, how much will the interest rate be charged ?
Friends, this is the advantage of the StuCred app; you get 0% interest in it.
This app does not charge you an interest rate; this app only charges you a processing fee.
Sample loan calculations;
Loan Amount – Rs 1000
Tenure – 90 days
Interest Rate – 0% per annum
Processing fee – Rs 210
GST on processing fee – Rs 37.8
Total Charges – Rs 247.8
APR – 99.12%
Total repayable amount is Rs 1180 inclusive of ALL FEES.
Required documents
- Aadhar card
- PAN Card
- Capture your own selfie live
- Student id proof
- Any college document for verification
Benefits of taking loan from StuCred app
Friends, we should know what are the benefits of taking loan from any app, so let me tell you what are the benefits of taking loan from StuCred app.
- No credit score is required
- 0% interest rate will be charged
- Very low processing fees
- Instant approval
- Special app for student
- Credit score building
- Smooth applying process
Should you take loan from StuCred app?
Friends, when should you take a loan from your credit app? This question must be coming into your mind. I can give you the answer to this.
If you are a student and need money, then you can take a loan from this app because this app gives you a loan at 0 interest rate, and if you take a loan from this app, then your credit score is also generated. You will get a loan easily in future
FAQ
How to get loan without credit score
You can easily take loan from StuCred app and that too without credit score.
How to get loan at low interest rate
StuCred app provides you loan at 0% interest. This app is made for students.
StuCred app is trusted?
StuCred app is 100 percent trusted. This app is licensed by RBI.
Who is best loan app for student
The stuCred app can be a good app for students because there is no interest in taking a loan from this app, and there is no need for a credit score. If you take a loan from this app, then your credit score is also generated.
how to generate credit score
You can generate a credit score by taking a loan. If you take a StuCred loan, then you will get a loan without a credit score, and your credit score will also be generated.
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