Snapmint Review: My in-depth Snapmint review provides you with all the information you need to make an informed decision about whether or not this platform is right for you. I cover everything from Snapmint’s features and benefits to the drawbacks and limitations of Snapmint.
By the end of my review, you’ll have a clear understanding of what Snapmint has to offer and whether or not it’s the right choice for your needs.
What is Snapmint?
Snapmint is a fintech startup owned by Snapmint Financial Services Pvt Ltd that provides EMI shopping without a credit card. It is a popular choice for shoppers in India, especially those who do not have a credit card or who prefer to spread out their payments over time.
How does Snapmint work?
Snapmint partners with merchants to offer EMI shopping options. Shoppers can browse products on the Snapmint app and add them to their cart. Once they are ready to checkout, they can choose their EMI plan and pay using UPI.
Snapmint.com uses a variety of factors to determine a shopper’s eligibility for EMI shopping, including their credit history and income. If a shopper is approved, they can start making EMI payments immediately.
SNAPMINT FOUNDING TEAM
The founding team of Snapmint consists of:
- Anil Gelra (CEO): Anil is the co-founder and CEO of Snapmint. He has over 20 years of experience in the financial services industry.
- Nalin Agrawal (CTO): Nalin is the co-founder and CTO of Snapmint. He has over 10 years of experience in the technology industry.
- Abhineet Sawa (CPO): Abhineet is the co-founder and CPO of Snapmint. He has over 15 years of experience in the e-commerce industry.
The Snapmint founding team has a proven track record of success in the financial services and technology industries. They are passionate about making EMI shopping more accessible and affordable for everyone.
Snapmint is backed by some of the leading venture capital firms in India, including Sequoia Capital India, Matrix Partners India, and Lightspeed India Partners. This investment validates the Snapmint team’s vision and the potential of their product.
Snapmint Fake or Real?
Snapmint is a real company and a legitimate fintech startup. It is a member of the NBFC Association of India and is regulated by the Reserve Bank of India. So it is clear that this is real. So, don’t search again on Google whether Snapmint is safe or not.
Snapmint Fake Or Real In Hindi
Snapmint एक वास्तविक कंपनी और एक वैध फिनटेक स्टार्टअप है। यह भारतीय एनबीएफसी एसोसिएशन का सदस्य है और भारतीय रिजर्व बैंक द्वारा विनियमित है। Snapmint ने शीर्ष निवेशकों से 100 मिलियन डॉलर से अधिक का फंड भी जुटाया है, जो इसके वैधता को और अधिक मान्य करता है।
हालांकि, Snapmint के नाम का उपयोग करने वाले घोटालेबाजों और धोखेबाजों के कुछ मामले सामने आए हैं, लेकिन ये एकल घटनाएं हैं। Snapmint स्वयं एक वैध कंपनी है और इसकी अच्छी प्रतिष्ठा है।
यदि आप Snapmint का उपयोग करने पर विचार कर रहे हैं, तो मैं आपको सलाह देता हूं कि अपना स्वयं का शोध करें और केवल उन व्यापारियों के साथ खरीदारी करें जिन पर आप भरोसा करते हैं। आपको अपनी ऋण की शर्तों को भी साइन अप करने से पहले ध्यान से पढ़ना चाहिए।
Snapmint Review
Hey guys, today I am Reviewing Snapmint, a fintech startup that allows shoppers to buy products on EMI without a credit card. We’ll be taking a look at how Snapmint works, the benefits and drawbacks of using Snapmint, and some tips for using Snapmint safely and effectively.
Snapmint EMI Eligibility
To be eligible for an EMI loan from Snapmint, you must meet the following criteria:
- Be an Indian citizen
- Be at least 18 years of age
- Have a valid PAN card and an Aadhaar card
- Have a monthly income of at least ₹10,000
How to Create a Snapmint Account
Below are the steps on how to create an account in Snapmint:
- Download and install the Snapmint app from the Google Play Store or the Apple App Store.
- Open the Snapmint app and tap on the “Create Account” button.
- Enter your mobile number and click on the “Send OTP” button.
- Enter the OTP that is sent to your mobile number and click on the “Verify” button.
- Enter your name and email address.
- Create a password for your account.
- Tap on the “Create Account” button.
Your Snapmint account will now be created and you can start shopping on EMI without a credit card.
How to Snapmint Login
To log in to your Snapmint account, follow these steps:
- Open the Snapmint app.
- Enter your mobile number and password.
- Click on the “Login” button.
If you have forgotten your password, you can reset it by following these steps:
- Click on the “Forgot Password?” link.
- Enter your mobile number.
- Click on the “Send OTP” button.
- Enter the OTP that is sent to your mobile number.
- Click on the “Reset Password” button.
You will then be able to create a new password for your account.
Once you have logged in to your account, you can start shopping on EMI without a credit card. Snapmint partners with a wide range of merchants, so you can find everything from electronics and appliances to clothing and furniture on their platform.
How to Shop in Snapmint
To shop in Snapmint, follow these steps:
- Download the Snapmint app from the Google Play Store or the Apple App Store.
- Create an account if you don’t already have one.
- Browse through the products available on the Snapmint app.
- Add products to your cart once you’ve found something you’d like to buy.
- Once you’re ready to checkout, go to your cart and review your selections.
- Choose an EMI plan that suits your needs and budget.
- Enter your PAN card and Aadhaar card details to verify your identity.
- Make the down payment (if required) and the first EMI payment using UPI.
- Snapmint will process your order and the merchant will ship the product to you.
- You will receive a tracking number so that you can track the status of your order
Snapmint Order Tracking
To track your Snapmint order, you can follow these steps:
- Open the Snapmint app.
- Log in to your account.
- Tap on the “My Orders” tab.
- Select the order that you want to track.
- Tap on the “Track Order” button.
You will then be able to see the current status of your order and its estimated delivery date.
You can also track your Snapmint order by logging into your account on the Snapmint website.
Snapmint Amazon
To buy a product on Amazon using Snapmint, shoppers need to create a Snapmint account and link it to their Amazon account. Once their accounts are linked, shoppers can add products to their Snapmint cart and checkout. Snapmint will then verify the shopper’s identity and approve their loan. Once the loan is approved, shoppers can make the down payment (if required) and the first EMI payment using UPI. Snapmint will then process the order and Amazon will ship the product to the shopper.
Snapmint Customer Care Number
Snapmint Customer Care Number: 022-48931351
Snapmint Helpline Number: 022-48931351
Snapmint Customer Care Phone Number: 022-48931351
Snapmint Contact Number: 022-48931351
Snapmint Toll-Free Number: Not Available
Snapmint customer care is available from Monday to Sunday from 10 AM to 7 PM. You can contact them for any assistance related to using the Snapmint app or shopping on EMI without a credit card.
FAQs of Snapmint Review
Q: What is Snapmint?
A: Snapmint is a fintech startup that allows shoppers to buy products on EMI without a credit card.
Q: Who can use Snapmint?
A: Any Indian citizen who is at least 18 years old and has a valid PAN card and Aadhaar card can use Snapmint.
Q: How does Snapmint work?
A: To use Snapmint, shoppers simply need to browse the products on the Snapmint app or website, add them to their cart, and choose their EMI plan. Snapmint will then verify the shopper’s identity and approve their loan. Once the loan is approved, shoppers can make the down payment (if required) and the first EMI payment using UPI. Snapmint will then process the order and the merchant will ship the product to the shopper.
Q: What are the benefits of using Snapmint?
A: There are several benefits to using Snapmint, including:
Convenience: Shoppers can buy the products they want on EMI without having to apply for a credit card.
Flexibility: Shoppers can choose from a variety of EMI plans to suit their needs and budget.
Affordability: Snapmint offers competitive interest rates on its EMI loans.
Q: What are the risks of using Snapmint?
A: There are a few potential risks to using Snapmint, including:
Late payment fees: If shoppers miss a payment on their Snapmint loan, they may be charged a late payment fee.
Interest charges: Shoppers will be charged interest on their Snapmint loan, which can add up over time.
Debt trap: If shoppers are not careful, they could end up in a debt trap by taking out too many Snapmint loans.
Q: Is Snapmint safe to use?
A: Snapmint is a secure platform that uses advanced encryption technology to protect shoppers’ data. Snapmint is also regulated by the Reserve Bank of India, which means that it is subject to strict financial regulations.
Q: How do I cancel my Snapmint loan?
A: To cancel your Snapmint loan, you can contact Snapmint customer service. Snapmint will help you to calculate the remaining balance on your loan and the associated costs of early repayment.
Q: Is Snapmint an Indian company?
A: Yes, Snapmint Credit Advisory Pvt. Ltd. is an Indian private company.
Q: What happens if I don’t pay Snapmint?
A: If the Borrower defaults on the loan, they will be responsible for repaying the loan amount and interest at the rate specified in the Loan Terms Sheet from the date of default until the loan is paid in full.
Q: Does Snapmint refund money?
A: If you cancel your order after signing the loan documents, you will receive a refund minus the processing fee as stated in the loan agreement. If you cancel your order before signing the loan documents, you will receive a full refund, including the processing fee.
Conclusion of Snapmint Review
So, In Snapmint Review. Snapmint is a great option for shoppers who are looking for EMI Shopping Without a Credit Card. But I strongly recommend you prefer other platforms that are also available for EMI Shopping like Amazon, Flipkart & Myntra, etc. for get better experience.
Snapmint is also a good option for shoppers who are looking to build their credit score or improve their financial literacy.
So this is a full Snapmint Review in my personal experience but if you have any kind of point regarding Snapmint don’t hesitate to talk in the comment box by commenting below.