# Groww Credit: Instant Loan App — Personal Loans, Credit Score > Instant personal loans, credit score checks, and loans against mutual funds. (iPhone/iPad app by Billionbrains Garage Ventures Private Limited.) - Source: https://appshunter.io/ios/app/groww-credit-instant-loan-app/id6633433697 (this page in markdown: same URL + `.md`) - Developer: [Billionbrains Garage Ventures Private Limited](https://appshunter.io/developer/1404871702) - Category: Finance - Price: Free - Rating: 4.71/5 from 4,211 App Store ratings · 26 written reviews indexed - Age rating: 4+ - Requires: iOS 15.1 · 64 MB - Languages: American English - Released: 2024-09-04 - Data updated: 2026-08-27 - Monetization: free with in-app purchases - User reviews in markdown: https://appshunter.io/ios/app/groww-credit-instant-loan-app/id6633433697/reviews.md ## What is Groww Credit? Finance your dreams with Groww Credit Whether you need an instant personal loan for an unexpected expense or looking for easy EMI options to finance your next big purchase, or simply want to check Credit Score for free, Groww Credit is your all-in-one credit app. What Groww Credit offers? - Instant personal loan - Free Credit Score & Credit Report Instant personal loan Groww Credit offers instant personal loans up to ₹10 lakh with flexible repayment options at competitive interest rates. Whether you're salaried or self-employed, get instant approvals and funds disbursed directly to your bank account. - Loan amount of your choice: Choose your instant personal loan amount up to your pre-approved limit (max ₹10 lakh). - Flexible tenure: Loan repayment tenure ranging from 3 months to 60 months. - Transparent terms: No hidden charges, only clear and upfront terms. Free Credit Score & report Monitor your credit health with ease. Check your Credit Score for free and get a detailed Credit Report to understand your credit profile better. - Know your Credit Score: Check your Credit Score for free and unlock the power of good credit for better loan terms and financial freedom. - Stay in control: View your Credit Report and ensure there are no errors that could be holding you back. - Track your progress: Watch your credit score improve over time as you make smart financial choices. Loan Against Mutual Funds (laMF) Don’t sell your investments when you need cash. With laMF on Groww Credit, you can borrow against your mutual fund holdings instantly. - Instant liquidity: Get quick access to funds while your investments continue to grow (max 15Cr) - Attractive interest rates: Pay interest only on the amount you use. - Flexible usage: Use the loan for emergencies, big purchases, or planned expenses without disturbing your portfolio. Responsible lending Groww Credit adheres to responsible lending practices. Our policies and services comply with all applicable laws and regulations. We are committed to providing transparent and ethical financial services to our users. Instant Personal Loan: • Tenure: 3 to 60 months • Interest rate: 11-28% Note: Personal loans are available for select users. Loan against Mutual Funds: - Loan amount: Up to ₹15 crore (subject to mutual fund value and eligibility) - Tenure: upto 36 Months (varies by lender) - Interest rate: As low as 10-12% p.a. (varies by lender and profile) - Pledge process: 100% digital, secure, and hassle-free Registered NBFCs and Banks (lenders) on Groww Credit: • Groww Creditserv Technology Pvt. Ltd.(GCS) • Kisetsu Saison Finance (India) Pvt. Ltd. • IDFC FIRST Bank Ltd. Groww Credit is the DLA for the above lenders operating the Groww Credit platform and services therein with assistance from other LSPs. A representative example of the total cost of a loan, including principal & all applicable fees: Tenure- 12 months Rate of Interest - 15% per annum Processing fee - ₹1000 (2% inclusive GST) Total Interest - ₹4156 EMI - ₹4513 APR - 18.89% Amount Disbursed- ₹49000 Total repayment amount - ₹54156 Privacy policy: https://groww.in/privacy-policy Groww’s registered office: Vaishnavi Tech Park, South Tower, 3rd & 4th floor, Sarjapur Main Road, Bengaluru, Karnataka -560103 ## Key features - 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 ## Recent user reviews (10 of 26) All indexed reviews: https://appshunter.io/ios/app/groww-credit-instant-loan-app/id6633433697/reviews.md ### 5/5 — Lalit Keshre( fraud ceo) *2026-07-29* 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 ### 1/5 — Alert : Beware of Groww Credit *2026-07-07* ⚠️ 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. ### 1/5 — Devastating/fraud kind of loan *2026-07-02* 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…. ### 1/5 — Repayment error *2026-07-02* 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. ### 1/5 — Misleading Loan Offer and Zero Customer Support *2026-06-25* 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. ### 1/5 — More than 90D of suspension of Asset Liquidity and Absence of Support Channel — DO NOT USE THIS AP *2026-05-21* The current architecture of this application effectively traps user capital by making the "unpledge" functionality for Mutual Funds non-operational. This is not a minor bug; it is a fundamental breach of customer-centric design and financial agency. I strongly advise everyone to stay away—no one should use this app! Key Issues: • Systemic Technical Failure: For over 90 days, the "Unpledge" request has returned a persistent "Please try later" error. This remains unresolved despite multiple software updates, suggesting a backend stagnation rather than a client-side glitch. • Support Vacuum: The platform offers zero recourse for troubleshooting. There is no ticketing system, no accessible customer care contact, and no escalation path for critical financial blocks. • Anti-Consumer Logic: Designing an investment platform that facilitates the pledging of assets while providing no functional or supported mechanism to reverse that action is a "dark pattern" that prioritizes platform AUM over user liquidity. A financial app cannot operate as a "black hole" for user assets without violating basic fiduciary expectations. This is basic App design 101 that you failed at. Once again, do not risk your money here. No one should use this app. ### 1/5 — More than 90D of suspension of Asset Liquidity and Absence of Support Channel *2026-04-18* The current architecture of this application effectively traps user capital by making the "unpledge" functionality for Mutual Funds non-operational. This is not a minor bug; it is a fundamental breach of customer-centric design and financial agency. Key Issues: - Systemic Technical Failure: For over 90 days, the "Unpledge" request has returned a persistent "Please try later" error. This remains unresolved despite multiple software updates, suggesting a backend stagnation rather than a client-side glitch. - Support Vacuum: The platform offers zero recourse for troubleshooting. There is no ticketing system, no accessible customer care contact, and no escalation path for critical financial blocks. - Anti-Consumer Logic: Designing an investment platform that facilitates the pledging of assets while providing no functional or supported mechanism to reverse that action is a "dark pattern" that prioritizes platform AUM over user liquidity. A financial app cannot operate as a "black hole" for user assets without violating basic fiduciary expectations. This is basic App design 101 that you failed at. ### 1/5 — Error on Grow credit app *2026-02-12* I am currently facing an issue while attempting to check the loan eligibility/status on my mutual fund holdings. The system is showing an error and not allowing me to proceed further. Additionally, I am unable to raise a support ticket through the portal, as that option is also not functioning properly. Kindly look into this matter at the earliest and assist in resolving the issue. Please let me know if any additional details are required from my end. ### 5/5 — Very helpful *2026-01-15* I am really glad with the service provided by tha app , it really helped a lot though the interest rate is littile high , it can be a very good friend in your bad time ### 1/5 — Lalit Keshre( fraud ceo) *2025-12-05* 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 ## Frequently asked questions about Groww Credit ### 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. ## Version history (last 5 releases) ### 6.19.0 — 2026-08-13 Performance upgrades and small tweaks to give you a faster, seamless app experience. ### 6.18.0 — 2026-08-05 Performance upgrades and small tweaks to give you a faster, seamless app experience. ### 6.17.0 — 2026-07-20 Performance upgrades and small tweaks to give you a faster, seamless app experience. ### 6.16.1 — 2026-07-04 Performance upgrades and small tweaks to give you a faster, seamless app experience. ### 6.16.0 — 2026-07-03 Performance upgrades and small tweaks to give you a faster, seamless app experience. ## More apps by Billionbrains Garage Ventures Private Limited - [Groww Stocks, Mutual Fund, IPO](https://appshunter.io/ios/app/groww-stocks-mutual-fund-ipo/id1404871703) - [W: MF and Wealth Advisory](https://appshunter.io/ios/app/w-mf-and-wealth-advisory/id6739808251) - [915: Pro Trading, F&O Scalping](https://appshunter.io/ios/app/915-pro-trading-f-and-o-scalping/id6748607476) All apps by Billionbrains Garage Ventures Private Limited: https://appshunter.io/developer/1404871702 --- *Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-27.*