Terms & Conditions

Effective Date: 18-02-2025

1. Service Overview

Ram Fincorp operates as a Lending Service Provider (LSP), facilitating digital loan applications. Loans are approved and disbursed exclusively by R K Bansal Finance Private Limited (NBFC).

2. Eligibility

Applicants must be Indian residents aged 18 years or older with valid KYC documents. Loan approval is subject to creditworthiness and regulatory checks.

3. Loan Terms

• Interest rates, tenure, charges, and repayment terms are transparently disclosed by R K Bansal Finance Private Limited (NBFC) in the Key Fact Statement digitally signed and shared prior to acceptance as per RBI rules.
• Repayment defaults, late fees, and recovery processes are governed strictly by applicable NBFC regulations.

4. User Obligations

Users must provide accurate, lawful, and current information during application and loan servicing. Fraudulent or illegal use is prohibited and may lead to account suspension, legal action, or referral to authorities.

5. Liability & Limitations

Ram Fincorp solely facilitates loan applications and has no role in lending decisions, disbursement, or dispute resolution. Responsibility for loans rests exclusively with RK Bansal NBFC.

6. Data Usage & Privacy

Use of Ram Fincorp’s app confirms user consent to data handling outlined in our Privacy Policy, including lawful sharing with lenders and regulators.

7. Dispute Resolution & Support

Users may raise complaints via info@ramfincorp.com.

8. Amendments

Ram Fincorp reserves the right to amend these Terms. Updates will be notified via app notifications and posted on our support site. Continued use constitutes acceptance.

9. Licensing & Compliance

Ram Fincorp acts strictly as an intermediary (LSP). Loans originated solely through RK Bansal Finance Private Limited (NBFC), an RBI-registered NBFC. Licensing and registration documents are accessible online.

10. Representative Example