Effective Date: [07/12/2024]
CapiFy Sales and Distribution Services India Pvt. Ltd.
Website: www.capifyindia.in
Welcome to CapiFy Sales and Distribution Services India Pvt. Ltd. By accessing or using our website (www.capifyindia.in), you agree to comply with and be bound by the following Terms and Conditions (the “Terms”). These Terms govern your use of our services, including all types of loans, which are offered through CapiFy. If you do not agree to these Terms, please do not use our website or services.
1. Services Provided
CapiFy Sales and Distribution Services India Pvt. Ltd. offers a range of loan products, including but not limited to personal loans, home loans, business loans, and other financial services. These loans are subject to eligibility criteria, approval, and terms set by CapiFy, in compliance with relevant laws and regulations in India.
2. Eligibility for Loan Applications
To apply for any loan offered by CapiFy, you must meet the following eligibility requirements:
- Be a resident of India.
- Be at least 18 years old.
- Provide all necessary documentation, including proof of identity, address, income, and any other details as required.
- Have a valid bank account for loan disbursement.
- Meet any other criteria outlined for specific loan products.
CapiFy reserves the right to modify or amend the eligibility criteria for any loan product at its discretion.
3. Loan Application Process
- Application Submission: You may apply for loans by visiting our website (www.capifyindia.in) and filling out the online loan application form or by contacting our customer service.
- Loan Assessment: After submission, CapiFy will assess your application based on the information provided, credit history, and other relevant factors.
- Approval and Disbursement: Upon successful approval, CapiFy will communicate the terms and conditions of your loan, including the loan amount, interest rate, repayment schedule, and any applicable fees. The disbursement will be made to your bank account, subject to completion of all formalities.
4. Interest Rates and Fees
The interest rates and fees associated with loans provided by CapiFy will vary depending on the type of loan and the applicant’s credit profile. The exact rates will be disclosed in the loan agreement. All fees, including processing fees, late payment charges, and prepayment charges, will also be specified in the loan documentation.
You agree to pay all fees as specified in your loan agreement.
5. Repayment Terms
- Repayment Schedule: Repayment terms, including the loan tenure, EMI (Equated Monthly Installment) amount, and due dates, will be outlined in your loan agreement.
- Late Payments: If any payment is delayed, you may be charged a late fee as per the terms of your agreement. Continued late payments may lead to penalties or an adverse impact on your credit score.
- Prepayment: Prepayment of the loan is allowed; however, CapiFy may charge a prepayment fee as outlined in your loan agreement.
6. Privacy and Data Protection
CapiFy values your privacy. We collect, store, and process your personal information by the Privacy Policy available on our website. By using our services, you consent to collecting and using your personal data for loan processing, credit assessment, and communication purposes.
7. User Responsibilities
By using CapiFy’s services, you agree to:
- Provide accurate, complete, and up-to-date information during the loan application process.
- Ensure that all documents submitted are genuine and valid.
- Comply with all applicable laws and regulations.
- Not engage in fraudulent or illegal activities related to loan applications or the use of funds.
8. Loan Agreement
Upon loan approval, you will be required to sign a formal loan agreement, which will detail the loan amount, interest rates, repayment schedule, and other terms. This agreement is legally binding, and both parties (you and CapiFy) must adhere to its terms.
9. Default and Collection
In the event of loan default or failure to adhere to repayment terms, CapiFy reserves the right to initiate collection procedures, including legal action if necessary. In case of default, you may be liable for all overdue amounts, including late fees, legal costs, and any other applicable charges.
10. Limitation of Liability
CapiFy will not be held liable for any indirect, incidental, special, or consequential damages arising from the use of its website or services. Our total liability to you, whether in contract, tort, or otherwise, will not exceed the amount of any fees paid by you to CapiFy for the specific loan product in question.
11. Modification of Terms
CapiFy reserves the right to update, amend, or change these Terms without prior notice. The updated terms will be posted on this page, and you must review them periodically. Your continued use of CapiFy’s services after any changes to the Terms constitutes your acceptance of those changes.
12. Governing Law
These Terms shall be governed by and construed by the laws of India. Any disputes arising out of or in connection with these Terms will be subject to the exclusive jurisdiction of the courts in [insert location, e.g., New Delhi, India].
13. Contact Us
If you have any questions or concerns regarding these Terms or our services, please feel free to contact us at:
CapiFy Sales and Distribution Services India Pvt. Ltd.
Website: www.capifyindia.in
Email: [conatct@capifyindia.in]
Phone: [8805995875]