Square Fin app is your ultimate solution for obtaining quick and hassle-free loans right from the convenience of your mobile device. Whether you're facing a financial emergency, unexpected bills, or seizing a time-sensitive opportunity, the Square Fin app makes the lending process swift, secure, and accessible for everyone.
Square Fin app offers
a) CASH LOAN
• Get an Instant Cash loan of up to Rs. 20 Lakhs with Square Fin app.
• The APR is between 10.755% to 24% pa.
• The Loan Tenure is between 6 Months to 72 Months.
• Instant loan transfer in a bank account.
• Example of how cash loan work:-
o Loan Amount:- 1,00,000
o Tenure:- 12 months
o Interest rate:- 24% (13472)
o Total amount 1,24,000
o Processing fees:- 3050 Rs/- (Inclusive of GST)
o Disbursed amount 1,00,000-3050 = 96,950
o EMI amount:- 9,456 (if Opted)
o Total amount payable:- 1,00,000+3050+13,472=1,16,522
o Total cost:- 3,050+13,472=16,522
(Note:- This is merely an example how loan works, the interest rates may differ based on the different risk criteria)
b) HOME LOAN
• Get a loan up to Rs. 5 crores with Square Fin app.
• The APR is between 9% to 15% pa.
• The Loan Tenure is between 12 Months to 30 years
• Example of how home loan work:-
o Loan Amount:- 50,00,000
o Tenure:- 60 months
o Interest rate :- 10% (13,74,113)
o Total amount :- 63,74,113
o Processing fees :- 51,775 Rs/- (Inclusive of GST)
o Disbursed amount 50,00,000 - 51,775 = 49,48,225
o EMI amount :- 1,06,235 (if Opted)
o Total amount payable :- 50,00,000+51,775 +13,74,113= 64,25,888-/
o Total cost:- 51,775+13,74,113=14,25,888
(Note: - This is merely an example of how the loan works, the interest rates may differ based on the different risk criteria)
c) BUSINESS LOAN
• Get an Instant loan up to Rs. 1 Crore with Square Fin app.
• The APR is between 16% to 24% pa.
• The Loan Tenure is between 6 Months to 72 Months.
• Instant loan transfer in a bank account.
• Quick risk assessment criteria.
• Lowest processing fees in the industry.
• Available PAN India Basis.
d) CAR LOAN
• Get an Instant Cash loan up to Rs. 50 Lakhs with the Square Fin app.
• The APR for New cars is between 8.75% to 16% pa.
• The APR for Used cars between 14% to 24% pa
• The Loan Tenure is between 6 Month to 36 Month.
• Instant loan transfer in bank account.
• Quick verification of car.
The following are our NBFC and Banking Partner
S. No. Name of Bank/ Financial Institution
1. Housing Development Finance Corporation Limited
2. HDFC Bank
3. ICICI Bank Limited
4. Tata Capital Limited
5. Yes Bank Limited
6. Axis Finance Limited
7. Fullerton Financial Holdings
8. Kotak Mahindra Bank Limited
9. Bajaj Finserv Limited
10. Aditya Birla Capital Limited
11. Edelweiss Finance
12. Hero Fincorp Limited
13. HDB Financial Services Limited
14. Indostar Capital Finance Limited
15. AU Small Finance Bank Limited
16. Cholamandalam Investment And Finance Company Limited
17. IDFC First Bank Limited
18. ICICI Home Finance Company Limited
19. Union Bank Limited
20. SBI Home Finance Ltd.
21. Aadhar Housing Finance Limited
22. PNB Housing Finance Limited