Personal Loan

Term and condition For Personal Loan

• Eligibility: To be eligible for a loan, you must be at least 18 years of age and a legal resident of the country where you are applying for the loan. You must also have a valid bank account, and be able to provide proof of income and identification.
• Loan Amount: The loan amount and interest rate will be determined based on your credit score, income, and other factors. You can apply for a loan ranging from a minimum of more than zero to a maximum of more than 1 Lakh. Our interest rates are fixed and are subject to change at any time.
• Repayment: You will be required to repay your loan in monthly installments. The amount of your monthly payment will be determined by the loan amount, interest rate, and repayment term. Failure to make timely payments may result in late fees, additional interest charges, and negative impacts on your credit score.
• Early Repayment: You may choose to repay your loan in full before the end of the repayment term. In such cases, a prepayment penalty may be charged.
• Loan Agreement: By applying for a loan, you are entering into a legal agreement with us. The loan agreement will outline the terms and conditions of the loan, including the loan amount, repayment terms, and interest rate.
• Use of Funds: Personal loans are intended for personal use only. The loan funds should not be used for any commercial or business purposes. Changes to Terms and Conditions: We reserve the right to change these terms and conditions at any time. Changes will be communicated to you via email or by other means.
• Information Privacy: We take the privacy and security of your personal and financial information seriously. We will only use your information for the purpose of assessing your loan application and for managing your loan.
• Default: Failure to repay your loan in a timely manner may result in the loan being in default. In such cases, we reserve the right to take legal action to recover the outstanding loan balance.
• Legal Compliance: Our loan service is subject to applicable laws and regulations. We may request additional information from you to ensure compliance with legal requirements.
• By applying for a loan with us, you acknowledge that you have read and agree to these terms and conditions. If you have any questions or concerns, please do not hesitate to contact us.