Sqrrl Help & FAQs

FAQ 0

Getting Started 0

Fixed Deposit 37

• What is a Fixed deposit scheme?
• Which interest pay-out options are available?
• Will any special rates be applicable for specific category of applicants?
• Whether the updated Rate of Interest will be applicable to my existing deposit?
• Why invest in BFL Fixed Deposit?

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Your account 0

Your documents 0

Trial FAQs 0

Shared files 0

Deleted files 0

Premium features 0

Premium subscription 0

About Sqrrl 7

• What is Sqrrl?
• Why is the brand named Sqrrl?
• What are the charges for using Sqrrl?
• Who is Sqrrl meant for?
• Why should I trust Sqrrl with my money?

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Getting Started 7

• What documents are required to open an account in Sqrrl?
• I know nothing about Mutual funds, how can I start?
• What is the minimum investment amount?
• Are there any set-up fees/ subscription charges etc.?
• Do Sqrrl Products offer guaranteed returns?

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KYC - Insight & Process 6

• What is KYC? Why do we need it?
• What is KRA?
• Where can I check the KYC status?
• What are the documents required for KYC?
• How is full KYC better than e-KYC?

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My Account 7

• How can I change my Mobile Number?
• How can I change my Email Id?
• How can I change my address?
• Can I change my bank account in Sqrrl?
• Can I add multiple Bank accounts in Sqrrl?

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Payments and Transactions 13

• What all modes of Payment are accepted?
• Why are Credit Cards not allowed for Payments?
• Can I invest via Cash/ Cheque?
• Can I switch my outside regular/direct Investments to Sqrrl?
• How can I get Tax Proofs?

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Sqrrl Away 6

• What is Sqrrl Away?
• How does Sqrrl Away work?
• Where is the money in Sqrrl Away invested?
• How is Sqrrl Away better than Savings account?
• Is my money in Sqrrl Away accessible all the times or there is a Lock in period?

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Goal based Investment 6

• What is Goal based Investment?
• How does Goal based Investment works?
• Where is the money in Goal based Investment invested?
• Is my money in Goal based investment accessible all the times or there is a Lock in period?
• How and when Goal based Investment can be withdrawn?

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Systematic Investment Plan (SIP) 12

• What is Systematic Investment Plan or SIP?
• How does SIP work?
• What is Rupee-Cost Averaging?
• What is Power of Compounding?
• Where is the money in SIP invested?

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Save on TAX - ELSS 4

• What is ELSS?
• Where is the money invested in ELSS, how is it better than other TAX saving products?
• What is the Lock-in period in ELSS and the maximum TAX benefit available?
• Is there any TAX implied on the gains on ELSS investment?

Search and Invest 4

• What is Search and Invest?
• What are the different categories available in Search and Invest?
• What other features are available in Search and Invest?
• What is the Lock-in period in ELSS and the maximum Tax benefit available?