Terms and Conditions

Khetalpura Microfinance Pvt. Ltd. Terms and Conditions

Welcome to Khetalpura Microfinance Pvt. Ltd. These Terms and Conditions govern your use of our microfinance services. By engaging with our services, you agree to comply with these terms.

1. Eligibility: To access our microfinance services, you must meet our eligibility criteria, which may include age, residency, and income requirements. We reserve the right to refuse service to anyone who does not meet our eligibility criteria.

2. Loan Application Process: You agree to provide accurate and complete information during the loan application process. Misrepresentation of information may result in the rejection of your application.

3. Loan Approval and Disbursement: Loan approval is subject to verification of your eligibility and creditworthiness. We reserve the right to approve or deny loan applications at our discretion. Upon approval, loan funds will be disbursed according to the terms and conditions outlined in your loan agreement.

4. Repayment Terms: You agree to repay the loan amount according to the repayment schedule specified in your loan agreement. Failure to make timely repayments may result in additional fees and penalties.

5. Interest Rates and Fees: Interest rates, fees, and charges associated with the loan will be disclosed to you before you accept the loan offer. You agree to pay all applicable fees and charges in addition to the loan principal and interest.

6. Use of Loan Funds: You agree to use the loan funds for the purpose specified in your loan agreement. Misuse of funds or using the loan for illegal activities is strictly prohibited.

7. Default and Collection: If you default on your loan obligations, including failure to make timely repayments, we reserve the right to take appropriate collection actions, including legal proceedings and reporting delinquencies to credit bureaus.

8. Privacy and Security: We are committed to protecting your privacy and maintaining the security of your personal information. Please refer to our Privacy Policy for details on how we collect, use, and protect your information.

9. Amendments to Terms and Conditions: We reserve the right to update or modify these Terms and Conditions at any time without prior notice. Any changes will be effective immediately upon posting on our website. It is your responsibility to review these terms periodically for updates.

10. Contact Us: If you have any questions or concerns about these Terms and Conditions or our services, please contact our customer support team.

By engaging with our microfinance services, you acknowledge that you have read, understood, and agree to abide by these Terms and Conditions. Thank you for choosing Khetalpura Microfinance Pvt. Ltd. for your financial needs.