Instant Personal Loans for Students
Get quick financial support for your education and personal needs with Gromi Finance
Why Choose Gromi Finance for Your Student Loan?
As a student, you might need extra funds for tuition fees, books, accommodation, or unexpected expenses. Gromi Finance offers instant personal loans tailored specifically for students with flexible repayment options and competitive interest rates.
Quick Approval
Get loan approval within 24 hours with minimal documentation. Perfect for when you need funds urgently.
Student-Friendly
Special terms designed for students with no or limited credit history. We understand your unique needs.
Flexible Repayment
Choose repayment plans that align with your academic calendar and future earning potential.
Eligibility Criteria
To qualify for a Gromi Finance student personal loan, you need to meet the following requirements:
- Currently enrolled in an accredited university or college
- Minimum age of 18 years
- Valid student ID and proof of enrollment
- Basic income source (part-time job, stipend, or parental support)
- Indian citizenship with valid address proof
Check Your Loan Eligibility
I needed funds urgently for my semester fees and Gromi Finance came through for me. The application process was simple and the money was in my account within a day. Their student-friendly repayment plan made it easy to manage as I continue my studies.
Loan Features & Benefits
- Loan Amount: ₹5,000 to ₹2,00,000
- Interest Rates: Competitive rates starting from 12% p.a.
- Repayment Tenure: 6 months to 3 years
- No Prepayment Penalty: Pay off your loan early without extra charges
- No Collateral Required: Unsecured loans with no need for guarantors
- Digital Process: Complete application online from your dorm or home
Frequently Asked Questions
Gromi Finance personal loans for students can be used for various education-related expenses including tuition fees, hostel accommodation, books and supplies, laptop purchases, exam fees, or even living expenses while you focus on your studies.
No, we understand that most students don't have an established credit history. We evaluate applications based on your academic standing, institution reputation, and future earning potential.
Once approved, funds are typically disbursed within 24-48 hours directly to your bank account. In urgent cases, we offer same-day disbursal for complete applications submitted before 12 PM.
We understand that students may face temporary financial difficulties. Contact our support team before your due date to discuss possible solutions like repayment extensions or revised payment plans.