Groww Credit: Instant Loan App

Groww Credit: Instant Loan App

Personal Loans, Credit Score

4.2K ratings
26 reviews

Details

  • Released
  • Updated
  • September 4, 2024
  • August 5, 2026

Features

Groww Credit: Instant Loan App screenshot #1 for iPhone
Groww Credit: Instant Loan App screenshot #2 for iPhone
Groww Credit: Instant Loan App screenshot #3 for iPhone
Groww Credit: Instant Loan App screenshot #4 for iPhone
Groww Credit: Instant Loan App screenshot #5 for iPhone
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About

Access instant personal loans up to ₹10 lakh with flexible repayment options. Monitor your credit health with free credit score and report checks. Borrow against mutual funds without selling investments.

Instant personal loans up to ₹10 lakh
Flexible repayment tenure (3-60 months)
Free Credit Score and Report
Loan Against Mutual Funds (laMF)
Transparent terms and no hidden charges
Digital and secure pledge process
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+1

What's New in Groww Credit

6.18.0

August 5, 2026

Performance upgrades and small tweaks to give you a faster, seamless app experience.

User reviews

Lalit Keshre( fraud ceo)

Groww is the most pathetic app I’ve ever used. Their customer service is non-existent, their system glitches every now and then, and they randomly charge unfair late fees even when the fault is on their own app.

The support team is slow, clueless, and absolutely useless. They don’t solve issues, they only give copy-paste replies.

This platform behaves like thieves — taking money without proper justification and then refusing to listen to customers.

I strongly recommend NEVER trusting this app with your money. If you value your hard-earned money and peace of mind, stay far away from Groww.

A completely fraudulent, irresponsible, and unreliable platform
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Alert : Beware of Groww Credit

⚠️ Warning to anyone considering Groww Credit.

My mutual funds have still not been unpledged despite repeated complaints, multiple warnings, and more than a month of waiting. As a result, I have been denied access to my own money when I needed it the most.

The most disappointing part is Groww's grievance redressal system. Every email receives the same generic response, but the issue never gets resolved. There is no ownership, no accountability, and no urgency—even when customers may be facing medical or financial emergencies.

This experience has completely eroded my trust. I will be withdrawing all my investments from Groww once this issue is finally resolved.

If you're investing through Groww Credit, think carefully before pledging your mutual funds. When you need your own money, you may find yourself waiting indefinitely while customer support keeps sending template replies instead of providing a solution.
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Devastating/fraud kind of loan

The cs agents are roadside junkies,Make sure you don’t have any offer from other lenders and you need at any extent only than you should consider taking loan here coz this loan will certainly ruin you throughout the tenure charging uneven amount if you get late for a minute/hour and processing as well as roi is also a kind of curse which they charge the entire heavy interest within few months of the tenure….
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Repayment error

Worst customer service experience. There is no IVR option to connect with the team handling mutual fund repayment. When I contacted customer care, I was assured that my call would be transferred to the concerned department, but instead it was routed to the feedback option.

I want to repay my loan, but only the interest amount is being debited while the principal amount remains unpaid. Despite multiple attempts, I have not been able to reach the appropriate team for assistance. Kindly resolve this issue at the earliest.
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Misleading Loan Offer and Zero Customer Support

My experience with Groww Credit’s loan support has been extremely poor. Despite receiving a loan offer, none of my queries were answered and the complete lack of response has been highly disappointing. This laid-back approach to customer support raises serious concerns about the credibility of their offers. If customers are not eligible, they should not be sent promotional loan offers that waste their time. Overall, this has been a frustrating and unprofessional experience.
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Developer apps

FAQ

What is Groww Credit?

Groww Credit is a finance app that offers instant personal loans, free credit score checks, and loans against mutual funds. It aims to provide users with quick access to funds and tools to manage their credit health.

What is the maximum loan amount offered by Groww Credit?

Groww Credit offers instant personal loans up to ₹10 lakh. For loans against mutual funds, the amount can go up to ₹15 crore, subject to mutual fund value and eligibility.

How can I check my credit score on Groww Credit?

You can check your Credit Score for free on Groww Credit. The app also provides a detailed Credit Report to help you understand your credit profile better and track your progress.

What are the interest rates for personal loans on Groww Credit?

The interest rate for personal loans on Groww Credit ranges from 11% to 28% per annum. For loans against mutual funds, interest rates can be as low as 10-12% p.a., varying by lender and profile.

Does Groww Credit have ads?

The provided data does not specify if Groww Credit has advertisements. However, it is categorized as 'free with in-app purchases', suggesting core services are free with potential for additional paid features.

What is the tenure for loans on Groww Credit?

For instant personal loans, the repayment tenure ranges from 3 months to 60 months. Loans against mutual funds have a tenure of up to 36 months, which can vary by lender.

Is Groww Credit safe to use?

Groww Credit adheres to responsible lending practices and complies with applicable laws and regulations. It is registered with NBFCs and Banks, indicating a regulated operational framework for financial services.

What are the registered lenders on Groww Credit?

Registered lenders on Groww Credit include Groww Creditserv Technology Pvt. Ltd. (GCS), Kisetsu Saison Finance (India) Pvt. Ltd., and IDFC FIRST Bank Ltd.