We strongly believe that educated, employed, and engaged young people possess the power to solve the world’s toughest problems. However, to realize this promise, it is important to deliver financial access & opportunity to this generation. At UGPG, we are determined to expand choices, open more doors & empower the youth so that they can pursue their aspirations & create a more beautiful world for themselves and others. We take immense pride in being credit providers to the new generation because we know that when we advance a few thousand rupees, we advance the dreams of a whole generation.
We live in 21 st century man! One click is all you need to get a loan
Draw the approved line of credit fully in one go or in multiple draws. Repay before due date and then redraw
Ultimately, it is up to you to decide how much money you’ll borrow, what to do with it, where to use it etc. We are flexible and you can retain the funds till the due date
Only pay interest and that too only on the amount used
Get the money in your bank account in just few hours
Got a problem you can’t rectify? We are here for you 24/7. Our experts can help you with anything to everything
After you’ve registered, filled in your personal details and upload photos of the necessary documents. It takes less than 10 minutes to complete the process
We’ll process your request and assess your eligibility quotient. Once we are done, we’ll immediately communicate our decision to you
Sign the loan agreement online & place your first request for drawl. Your bank account will be credited within minutes
UG is short for Undergraduate while PG stands for Postgraduate. If you are a college-going student, remembering this will be a piece of cake!
A line of credit is a preset amount of money that UGPG has agreed to lend you and that you can draw on when you need it. You can make multiple drawls under this line and every drawl will be considered a loan. E.g. We set a limit of INR 20,000 for you and you draw 12,000 and 8,000. Here INR 20,000 is a line of credit while INR 12,000 & INR 8,000 are loans under this line. You can repay the loans and re-draw anytime as per your requirements.
Fear not! There are no tricks involved! Simply, submit your application through the UGPG app and borrow any amount under approved line of credit. Pay it back along with the interest before the due date. The interest rate is absolutely transparent and is only levied for the number of days the loan is availed for. There are Absolutely no extra charges, no registration/ account set up fees. So it definitely doesn't leave room for any scamming or deception
Following documents are needed to apply for UGPG Student
financing:
1. Address Proof:
(i) Aadhar Card
(ii) any one of: Voter ID/ Passport/ Driving License / PAN
Card.
2. ID Proof: your College ID
You will need to upload
photos of these documents while submitting the application. If
you possess the required documents, then yay, you have
checkmated your worries.
None. You don't have to worry about giving us any of your belongings. We do not request any security or collateral from you. We are providing line of credit basis trust and understanding that you will return borrowed money on or before due date.
Amount under line of credit is a function of your credit score, education institute you go to & the course you are pursuing. We are currently sanctioning amount between Rs 3000 and Rs 25000 for a period up to 2 months. Over time, if you develop a good credit history with us, your credit score will increase and consequently, amount under line of credit can also be increased.
Certainly not! You won't be charged any fee for it. There are no strings attached! We do not expect you to pay any extra charges or fees except if you default on your loans.
Not at all! No extra charges will be imposed on you if you do not avail the credit limit after approval. Take your time.
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