If you want to get instant loans without going through complicated processes, you can try the Hugo Loan app. It is an Android app designed for Indian users where they can apply for loans and get instant loans. Further, it provides an easy and simple way to apply for loans.
In this article, we will comprehensively cover various aspects of the app. So you will come to know whether it is real or not. Also, we will discuss whether it is safe to apply for funds on the app or not. In the end, you can get the package file and install that on your phone.
What is Hugo Loan?
Hugo Loan is an application that offers loans in India. It is available for Android smartphones and tablets from where users can provide their details and submit loan applications. Once the owners verify applicants’ data and consider them eligible, they transfer funds into their bank accounts.
There are two main sources of receiving funds from the app, including bank and e-wallet. So you can use any of your e-wallets or bank accounts and then receive the funds from the app. Later on, you can withdraw that cash from any nearest bank branch or cash disbursement partner.
How to Apply for Loans?
To apply for the loans, you have to meet the eligibility criteria. So you must be above 18 age, you should have a registered bank account or e-wallet, and citizen of India. Once you are cleared, you need to follow the below steps to apply for the loans.
- Launch the app.
- Register by providing an email, username, name, password, and mobile number.
- Then verify your email and mobile number.
- Tap on the Loan Apply button.
- Then fill up the form.
- Tap on the submit button.
- Then wait for 3 to 4 working days.
- Once your data will be verified, you will get the funds.
App Details
| Name | Hugo Loan |
| Size | 31.62 MB |
| Version | v1.0.3 |
| Package Name | com.hugo.loan.hugo.boss.smallloan.credit |
| Developer | Samruddhi Leasing And Finance Pvt Ltd |
| Category | Finance |
| Price | Free |
| Required | 4.0 and Up |
Is Hugo Loan App a Scam?
Hugo Loan is pretty much popular in India. It is famous because people are getting instant financial help at cheap interest rates. However, some people are calling it a scam and claiming that its customer support team is blackmailing them. Whereas, some are admiring it for its financial help.
However, the information I am sharing with you is based on the data available in the app as well as on several other trusted sites. Therefore, it is hard to claim whether it is a scam or real, which is why you must do your research before using any such app.
There are so many loaning apps on the website that are operational in India, among them, Rupeefree and Finikash are quite popular. We have shared those apps because of the requests from our readers. However, we are not affiliated nor we are promoting those apps.
I have reviewed these apps for educational purposes and you can do your due diligence before using them on your phone. Furthermore, the Apkshelf team will not be responsible for any kind of loss you get because of the Hugo Loan App.
Screenshots of the App
Easy Steps to Download and Install Hugo Loan Apk
Follow the below steps carefully and install the app if you want to the app and try it on your Android phone.
- Tap on the Download button.
- Wait for a few minutes.
- Go to the Downloads folder in the File Manager app.
- Locate the package file that you have downloaded from this page.
- Tap on the file.
- Select the install option.
- Wait for a few seconds.
- Open the app.
- Register and apply for the loans.
Frequently Asked Questions
Is Hugo Loan real?
The app is real but whether its services are genuine or not, it is not confirmed.
Is it safe to apply for loans on the Hugo App?
No, there are mixed reviews where people are calling it a scam.
Can I use the app on iPhones?
No, it is available on Android.
Final Words
Hugo Loan is an Android app for Indian people to apply for loans and get instant loans. Currently, it is operational in India and people have mixed reactions to the app. Some people are calling it a scam and some are praising it. However, you must do comprehensive research before using this app for financial aid.