Settlement account is where Lendsqr settles the lender all the inflow through the app.
Lendsqr lenders are settled amount collected for loan repayments or wallet funding the next business day. This is generally called T+1 in the financial world.
On days where the next day is a weekend or public holiday, the settlement would be done at next working day.
Disbursement account is the account the Lender funds to finance all withdrawals from the app