Welcome to earningsecrets. How's it going? Today I am going to review the squirrel app which is a newly released instant loan app and is one of the most popular personal loan applications in India.
In this squirrel loan app review article, I am going to explain everything about the squirrel loan app, whether it is real or fake, safe or not, squirrel loan app se loan kaise le, squirrel loan app and loan details along with customer care contact details and latest issues and problems about squirrel loan app with real or fake analysis.
Both salaried and self-earning professionals can apply for an instant personal loan ranging from ₹5,000 to ₹50,000 at moderate interest rates in the squirrel loan app instant loan application.
Squirrel Loan App Review
Below are a basic overview of the squirrel loan app App-
Loan Amount: ₹5000 - ₹50,000
Tenure (Repayment Period): Minimum 1 month, maximum 24 months.
Interest Rate: squirrel loan app interest rate is 12% to 35% per annum.
Processing Fee: 2.5% of loan amount + taxes as applicable.
Loan Approval Rate: Upto 70% loan approval rate.
Hidden Fees: No hidden fees.
Advance Payment: Nil
Security Deposit: Nil
NBFC / RBI Registered: Suspicious
Squirrel Loan Foreclosure Charges: Nil
The squirrel loan is one of the newest personal loan apps in India that helps you to get a quick personal loan in just a few simple steps.
You can get an instant loan of up to ₹0.5 lakh disbursed directly into your bank account at a moderate-interest rate and you will also have the option to choose your preferred loan EMI.
Also, the squirrel loan app claims to provide a flexible repayment period of upto 36 months and you can choose auto repayment options to automate your loan repayments.
Advantages of Squirrel Loan app | Squirrel Loan App Details
The squirrel loan app has various interesting advantages and features to consider-
• Get an Instant personal loan anytime, anywhere.
• Completely digital, real-time approval of loan application within minutes.
• Quick response to customer queries, and fast customer support.
• Hassle-free KYC process that takes a few seconds to complete.
• No Physical Documents are Required
• Get 50 Thousand To 1.5 Lakh Loan
• Easy loan repayment options. squirrel loan app provides various loan repayment methods like UPI, net banking, credit or debit cards, and automated repayment systems like PDC, NACH, ECS, Cash, etc.
Types of Loans Offered By Squirrel Loan App
⭐️Personal Loan, insta personal loan.
⭐️Instant Cash Loan or Small Loan.
⭐️Emergency, Medical Loan.
⭐️Education, study abroad, tuition fee Loan.
⭐️Marriage, anniversary, birthday Loan.
⭐️Mobile, laptop, gadgets, iPhone Loan.
⭐️Travel, educational tour Loan.
⭐️Short-term Loan for other types of needs.
Key Features Of The Squirrel Loan App
⭐️Easy to sign-up, log in & application process, simple user interface.
⭐️squirrel loan app loan EMI Calculator, loan planner, and other features.
⭐️ Simple Hassle-free loan application process & Quick loan disbursal in a few hours. Get a response within minutes.
⭐️Get the loan amount directly to your bank account.
⭐️No physical documentation is required. Only an adhar card, pan card, and your bank statement are required.
⭐️You can customize your loan amount & EMI according to your choice.
⭐️Collateral free/unsecured loan, get a loan without any income proof document.
Benefits and Risks Of Squirrel Loan App:
Financial crises and emergencies are uncertain. Thus, it is necessary to keep a loan app handy for online application of instant loans for such exigencies.
Get an instant loan up to ₹50k (depending on your credit score) disbursed directly to your bank account with a squirrel loan app.
Wondering what documents are required for an instant cash loan in the squirrel loan app? Well, photos of documents need to be uploaded, no physical documents are required as all process is digital in the squirrel loan app.
But the squirrel loan app collects your personal and financial data along with permission to read and write your storage, contacts, and SMS, MMS.
Also, your important information along with your live location and other smartphone uses data will be sent to the squirrel loan app servers to create and analyze your risk profile.
So it's a little risky so make sure to delete your important photos media and files before installing this personal loan application to ensure maximum privacy and safety.
How To Apply For A Loan In Squirrel Loan App:
If you want to apply for a personal loan from the squirrel loan app then it's very simple. The entire personal loan application process of the squirrel loan app can be completed within minutes. From the app sign-up to loan approval, everything takes just a few seconds.
Just follow the below steps to successfully take a loan from the squirrel loan app.
Step 1 – Install the app from the below-given link and sign up with your mobile number and email id. Allow all permissions asked.
Step 2 – Choose a loan amount (up to 50 thousand) and the preferred EMI option. You will see loan offers designed for you according to your risk profile.
Step 3 – Enter basic details like name, income, adhar card, PAN, address, and other demographic details, etc.
Step 4 – Complete your KYC process and wait for your KYC approval.
Step 5 – Add your bank account details and upload the last 3 months' bank account statement.
Step 6 – You will have real-time loan approval within 1 hour.
Step 7 – Digitally sign the e-mandate to automate your loan repayment and read the loan agreement and then finally accept the loan agreement.
Step 8 – All done, now sit back, and relax, Your loan amount will be credited to your account within hours. The loan amount is subject to a 2.5 % processing fee + GST deduction.
A Basic Example Of squirrel loan App:
Ok, let's assume a basic loan-taking scenario in the squirrel loan app, If you apply for a personal loan of ₹1,00,000 for 12 months at the interest rate of 25% per annum, you will have to pay:
Total payable interest: ₹14,060
Total payable amount: (Loan + Total Payable Interest + Process fee) = A total of ₹1,16, 560 (excluding GST)
EMI Amount: ₹9,505 (excluding process fee + GST)
This is a basic example of a squirrel loan app loan, in reality, interest rates may vary.
The squirrel Loan app enables you to
⭐️With the squirrel loan app you can meet your travel expenses with your family, friends, or alone whenever you need some Instant money to fulfill your requirements.
⭐️Now you can manage your wedding expenses, birthday, or anniversary expenses with some clicks.
⭐️ Purchase new furniture, gadgets, mobiles, etc with easy insta personal loans from the squirrel loan app.
⭐️ Meet your emergency expenses, medical bill expenses, and sudden money needs.
Who can apply For A Loan In Squirrel Loan App?
Anyone can apply for a personal loan in the squirrel loan application. However, a minimum credit score of 500 is preferred to get easy loans without any delay.
• Salaried employees with or without any credit history or cibil records.
• Self-employed or business owners with a credit history of min 350.
Squirrel Loan app Loan Repayment Kaise Kare: How To Repay Squirrel Loan EMI?
To make loan repayment or make EMI payments in the squirrel loan app you need to use the app only. Squirrel loan app offers various repayment options like UPI, debit and credit card repayments, and net banking options too.
Alternatively, you can automate your loan repayments in the squirrel loan app just by enabling ECS or NACH feature so that you never have to worry about repaying your loan EMI on time.
Some users may face repayment issues but most of the time repayment is done without any issues as many users are saying in the google play store reviews. If you face any problems regarding squirrel loan app loan repayment then contact customer care as soon as possible and get your issues resolved.
Squirrel Loan app Is Real Or Fake? Is Squirrel Loan app Loan Legit Or Not?
Well guys squirrel loan app is a risky loan application most likely to be a 7 days loan app where you can get a loan but you have to pay high interest and have to repay quickly which is not beneficial at all.
If you compare this app's reality with the google play store listing data then we can surely conclude that the squirrel loan app is risky as it provides short-term loans at an insane interest rate to some users.
This app also rejects many loan applications without any reason and there are multiple issues and problems that users are facing at the current time. Users are facing loan repayment issues, loan recovery agents issues, etc.
Watch the below review video of the squirrel loan app to get detailed insights about the latest issues and problems.
The squirrel loan app is considered to be one of the risky personal loan apps in India in terms of security, trust, and reliability. Many have successfully taken and repaid loans in this loan app.
Squirrel Loan app Safe Or Not?
Well guys squirrel loan application can not be considered a safe loan app as it takes various app permissions on your smartphone.
This application has access to read and write your contact details, storage details like photos, and videos, and your personal and financial information including your live location data.
So this application will have access to your every personal data as long as you keep this app on your phone. The squirrel loan app is quite risky as it is a private loan application rather than a govt organization.
If you do not make payment of squirrel loan EMI on time, the loan recovery agents of the squirrel loan app can even call or message your contacts.
So always remember to delete your important phone numbers, photos, media, and files before installing the squirrel loan app to ensure maximum privacy and safety.
Squirrel loan app takes your privacy seriously. They have taken best-in-class security measures to ensure your data is protected and safe during transfer or any other activity. The data is transferred from the squirrel loan app to our servers over a secure HTTPS connection through SSL encryption.
Squirrel loan app has implemented multiple layers of security including, but not limited to, firewall, security groups, and token authentication to control access to the APIs.
To make an informed decision on your loan application, the squirrel loan app may share some of your data with registered 3rd party services.
However, they will share this information only with your prior consent. To know more please read the squirrel loan app privacy policy page.
https://app.squirrelloan.live/raddle/sandwort/cochair_cochairman/2vfqeb.html
Squirrel Loan app Customer Care Contact Number, Email Id:
If you face any problem regarding your loan application or repayment then contact customer care as soon as possible to avoid complexity. Squirrel loan app provides excellent customer service to ensure the best customer service quality.
To connect to customer care, use the below-given email id to mail them your problems with valid screenshots as proof. Also, you can call the below-given squirrel loan app customer care number to solve your issue over the phone.
Squirrel loan app offers various personal loan customer service options, you can avail of the listed services easily.
1. Request for Welcome Letter and Loan Repayment Schedule.
2. Get EMI-related Details and Alerts.
3. Details on Bounced EMI and Penal Charges
4. Statement of Account (SOA)
5. Request for No Objection Certificate (NOC) post the loan Closure
6. Pay EMIs Online(Wallets, Netbanking, etc), Offline(Payment centers)
7. Register or Switch the Mandate for Loan Repayment
8. Update asset details for TWL & UCL Loans
9. Pay Advance EMI
10. Request to Foreclose Loan
Contact Email Id:
contact@[email protected]
Customer Care Phone Number:
The squirrel loan app customer care number is 18002568011
If you have any other contact number then please update it in the comments.
Office timing is 9 AM to 6 PM Monday to Saturday, excluding holidays.
Official Website:
Squirrel loan app Download:
To download or apply for a personal loan in the squirrel loan app please click the below link and fill in your details to initiate the download process.
For your security, you will be redirected to the google play store from where you can also download this squirrel loan app.
Download the squirrel loan App👈 Click Here To Download
If you face any kind of fraud activity in this loan application make sure to complain about cybercrime. If you don't know how to file a complaint against loan fraud then visit this post.
How To File A Complaint Against Loan Fraud 🤥
That's all guys. If you have any questions about the hero fincorp personal loan then please ask in the comments. Also, check out our top 50 instant loan apps list to get easy small loans.
Must Check Out, ✅
🇮🇳 Jai Hind. Have a nice day ahead.
FAQ
1. Squirrel loan app Kaisa hai?
Squirrel loan app is a risky instant personal loan app that offers very short-duration loans with a high-interest rate.
2. Squirrel loan app repayment kare ya nahi?
If this squirrel loan app has done fraud with you and given you loans for 6 days then don't repay any amount. Instead, you can file a complaint against them at cyber crime here.
3. What is the best personal loan app?
Well, multiple personal loan apps can be considered as best loan apps, here is a list of the top ten best loan apps that you can consider trying.
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