Sqrrl Online Personal Loan App – For all your needs that can’t wait!

Cash crunch is a common phenomenon. It’s no secret that life is tricky. There will be times in your life when an urgent financial need will pop up and you will not know what to do. It’s great if you have an emergency fund for times like these but what if you don’t have a plan? What if you have little to no savings and no financial resources at your disposal to tackle the financial crisis?

In that case, your best bet is taking a personal loan. A personal loan can help in resolving all personal financial needs in times of urgency and emergency. There are multiple Banks/NBFCs that offer great personal loan schemes. Our platform Sqrrl also offers instant personal loans. It is an online personal loan app in addition to a savings and investment platform. 

Sqrrl – Instant Online Personal Loan App

Sqrrl has been helping millions of Indians with savings and investment since 2017. Our aim is to educate young Indians and empower them to deal with hefty financial matters. Time and again we all find ourselves in sticky financial situations. It’s not always possible to ask friends and family for money. During such times, taking a personal loan is an instant, sure shot solution.

Sqrrl is a great online personal loan app that offers a wide range of instant personal loan schemes. Attractive rate of interests, flexible repayment tenure, minimal processing charges – whatever your needs are, we have got the perfect scheme for you! Before we tell you more about our loan schemes, let me first address the list of reasons for which you might consider taking a personal loan.

Why do you need a personal loan? 

It is paramount that before you take a final call on taking a personal loan from a bank/NBFC you have a list of good enough reasons as to why. Never take a personal loan just because it’s the easiest way out or convenient. In fact, we suggest that before you take any kind of loan (personal, house, commercial loan) make sure that you aren’t taking it only because it’s easy or convenient. Do try to make a list of valid, rational reasons and then go ahead. Here’s a list of reasons why you could take a personal loan:

1. A medical emergency: Nobody plans to fall sick or have an accident. It gets real sticky when there is a medical emergency at home and you don’t have enough money to bear the expenses. During times of a medical crisis, taking a personal loan is your safest bet. It can solve all your financial woes, instantly in one go.
   
   
2. Taking an unplanned trip: Do you live far away from your hometown and wish to visit your parents for a festival or simply because they asked you to? Booking flight tickets for a family of four and taking a taxi from the airport to home can easily cost you around a total of 30k. Don’t have that much money in hand? Take a short tenure, instant personal loan and pay it off as soon as you have the money.
   
   
3. Home renovation: Does your heavenly abode need a makeover? Just like you need a haircut or a facial every once in a while, your house needs a spice up too. Well, not that often but you get the idea. Paint your bedroom walls lilac and get a modern Italian kitchen – and for once, drop worrying about the finances involved. An instant personal loan will solve all your worries.
   
   
4. Converting credit card debt to personal loan: In times like today where splurging has become a common phenomenon, it gets difficult to stop yourself from topping your credit card limit and sometimes even exceeding it. Credit card EMIs and interest rates are super high and they get a person looped into a credit card debt payment cycle. Converting a credit card debt to a personal loan is a great option in this case as it allows the customer to get a cheaper rate of interest and cuts off the EMI amount substantially.
   
   
5. Miscellaneous expenditure: Apart from all the expenditures above, you can use a personal loan to pay off for any other expenses. It could be for paying your children’s school admission fees or pitching in for a wedding in the family – an instant personal loan will help you get away with any urgent need in no time at all.

Sqrrl online personal loan app is a great channel for getting flexible, instant personal loan schemes. The loan documentation process is quite easy followed by the quick disbursement of money. Let’s delve deeper into the features offered by our personal loan schemes.

What are our loan features?

At Sqrrl, our defining principles have always taught us to step in the shoes of our customers and see if we like what we are getting. We incorporate a user-centric approach in our day to day interactions and are driven by the sole need to deliver a truly delightful end-to-end experience to you all. Our personal loan scheme features are:

• Flexible repayment tenure: Need a longer term to pay off the debt? We understand. Our loan schemes offer a highly flexible repayment model with the time span extending from 12 months to 5 years. You can take your time to repay, there’s no hurry.
• Attractive interest rates: High interest rates are a big killjoy. In order to make the personal loan schemes affordable, we offer loans at affordable rates starting from 10.75%.
• Huge loan amount: You can take a loan starting from anywhere between Rs. 10,000 to Rs. 25 lakhs from us. The wide range of loan amounts offered makes it an even more attractive option.

What’s the loan application process?

Applying for a loan at Sqrrl – online personal loan app is an under-3 minute process. We totally understand that you don’t want to stand in long queues when applying for a loan. Hence, we have introduced a 3 step  simple and convenient route:

• Eligibility check: The first step of the loan application process is to fill in your phone number, name, salary amount and other personal details. If you are eligible after we check your details, you will be guided to the next step.
  

• Document verification: Once we are sure that you are eligible, we will need to run a quick check through your documents and verify your personal details. You can attach your documents through the phone to ensure only right information goes forward.
  

• Choosing your lender: If you have a preference for a specific lender, we understand. Fill us in on it and we will take care of the rest. 

What are the documents required?

Our online personal loan app team understands that you don’t want to be hassled by any of our lending partners for countless personal documents. On our journey with you, we will try to ensure your convenience at every step possible by keeping the list of documents required to a minimum. The privacy and safety of your data will be taken utmost care of. Here’s a short list of the documents you that need to be submitted during the loan application process:

1. Date of Birth (DOB) proof 
2. Salary slip for last 3 months
3. PAN card
4. Bank statement with salary credit for the last 6 months
5. Current address proof like water bill, electricity bill or any other utility bill.

Sqrrl online personal app – In us, you can trust.

Our guiding principles revolve around the convenience and the well-being of our customers. We aim to create a transparent bond with you and have clear communication. Our personal loan schemes are flexible and quick because we understand that – sometimes, we all have needs that can’t wait. We aim to earn your trust through actions and not just words. For an instant and smooth loan journey, apply on Sqrrl online personal app. You can also check out this list of bank and loan frauds to keep an eye on in 2020; better safe than sorry!

Join 8,00,000+ people and make daily financial management smooth and effortless. Download Sqrrl savings, investing and online personal loan app today!