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What is the cooling period?

On Groww, you have a 3-day 'cooling period' after applying for a personal loan, allowing you to change your mind. If you decide to close the loan within this time:
  • For IDFC FIRST Bank and Groww Creditserv personal loans, the full processing fee will be deducted, but there are no extra charges.
  • For Credit Saison India personal loans, the processing fee will be deducted on a pro-rata basis.
  • For Fibe, a 3-day interest charge applies during the cooling period.
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