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Terms and Conditions
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Loan approval is subject to furnishing correct information & facts, signed ECS/NACH mandate, substantial income proof/documents, valid KYC, credit & bureau check, etc.
Loan amount is for the purpose of payment of Fee dues only
Loan approved for fee due shall be disbursed directly to the School/Institution on behalf of the student
After approval, loan disbursement only takes 24-48 hours after receiving signed ECS/NACH mandate from applicant
Loan application can be rejected upon our discretion after approval also if any particulars submitted by applicant are found incorrect or upon any misrepresentation of facts
Penalty may be levied if application rejected after initial approval due to any misrepresentation by applicant, etc.
Interest rates may vary
Transfer Certificate (TC) of the student can be held/stopped in case of any default or non-repayment of loan.
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