FINSURE INDIA - TERMS & CONDITIONS
Last Updated: 21-04-2025
1. Introduction
This document outlines the Terms and Conditions governing the use of services provided by Finsure India, aregistered financial facilitation company. By accessing or utilizing any services offered by Finsure India, Including but not limited to loan facilitation, users expressly agree to be bound by the following terms. Finsure India is not a financial institution, bank, or Non-Banking Financial Company (NBFC). It acts solely as an intermediary between loan applicants and its partnered financial institutions.
2. Loan Services
Finsure India facilitates the provision of the following loan products:
- Used Car Loans
- Business Loans, including those for Micro, Small, and Medium Enterprises (MSMEs) and Startups
- Home Loans
- Personal Loans
- Loan Against Property (LAP)
- Project Loans
Final approval, interest rates, terms, and disbursement conditions are solely determined by the respective
lending partner. Finsure India does not guarantee loan approval or disbursement.
3. Eligibility Criteria
All applicants must:
FINSURE INDIA - TERMS & CONDITIONS
- Be 18 years of age or older
- Possess valid government-issued identification
- Provide accurate proof of income and residence
- Meet the credit and risk assessment standards imposed by partner institutions
4. Service Charges
Finsure India typically does not impose service fees upon applicants. However, under certain
circumstances-such as the requirement of reduced interest rates necessitating lowered commission from
banking partners-a direct service charge may be levied upon the applicant.
In such events:
- The fee shall be disclosed transparently in advance
- Applicant consent shall be formally obtained prior to payment
5. Data Collection and Usage
Finsure India collects and processes user data exclusively for loan processing and compliance purposes. By
availing our services, applicants authorize:
- Secure internal storage of submitted data
- Disclosure of relevant personal and financial information to affiliated banking and financial institutions
Refer to the separately published Privacy Policy for more detailed provisions.
6. Limitation of Liability
Finsure India disclaims all liability for:
FINSURE INDIA - TERMS & CONDITIONS
- Any denial or delay of loan approval by the financial partner
- Terms and conditions imposed by lending or insurance institutions
- Losses incurred due to external decisions beyond Finsure India's operational control
All services are offered on a best-effort basis.
7. Intellectual Property Rights
All materials including branding, design, visual content, logos, and website content are intellectual property
owned solely by Finsure India. Any unauthorized reproduction, reuse, or distribution is strictly prohibited and
may result in legal action.
8. Refund and Cancellation
- Service fees, if paid, are refundable only in cases where no material service has been delivered, subject to
case review.
- No refund shall be entertained post-initiation of official loan processing or once the application has been
forwarded to the lending institution.
9. Governing Law
These Terms and Conditions are governed in accordance with the laws of the Republic of India. All disputes
arising under these terms shall be exclusively subject to the jurisdiction of courts located in Delhi, India.
Disclaimer: Loan Suraksha
Finsure India facilitates a mandatory loan protection insurance product termed "Loan Suraksha," bundled with
eligible loans. This coverage ensures that in the unfortunate event of the borrower's death, the outstanding
FINSURE INDIA - TERMS & CONDITIONS
loan amount is discharged by the insurance provider, relieving the borrower's family of repayment obligations.
This insurance product:
- Is provided and underwritten by authorized third-party insurers
- Is mandatory with applicable loan categories processed via Finsure India
- Does not apply to damages, theft, or loss of the financed asset (e.g., car). It solely addresses borrower
mortality during the tenure of the loan.
For questions or legal correspondence, please contact: