Welcome to CredBazar, an online financial services platform that connects individuals and businesses with verified financial institutions and lending partners. CredBazar operates in a transparent manner and in accordance with applicable Indian laws. By accessing this website or applying for any loan or financial service, you agree to comply with these Terms and Conditions, our Privacy Policy, and the Indian Contract Act, 1872.
Applicants must meet the eligibility criteria set by our lending partners, which may include age, employment status, income, credit profile, repayment capacity, and residential status. Applications that do not meet these requirements may be declined.
All applicants must provide accurate, complete, and up-to-date information while submitting an application. Any incorrect, incomplete, or misleading details may result in delays or rejection. CredBazar or its partner lenders may request additional documents or verification during the assessment process.
The loan tenure is determined based on the loan amount, applicant profile, and type of financial product. The final decision regarding minimum and maximum tenure rests solely with the lender. Requests for pre-closure, extension, or modification of tenure are subject to lender approval and applicable terms.
All applicable interest rates, processing fees, and other charges are disclosed prior to loan approval. Interest rates may vary based on factors such as income, employment type, credit history, loan category, and lender policies. Once agreed, the applicable rates will remain as per the sanctioned terms unless revised by the lender in accordance with regulations.
Failure to make repayments on time may attract late payment charges, penalty interest, or additional fees as per the lender's policy. Continued default may result in adverse credit reporting, negatively affecting the borrower's credit score and future borrowing eligibility.
CredBazar and its lending partners reserve the right to reject any loan application at their discretion without prior notice. Applications may be rejected due to ineligibility, incomplete documentation, poor credit history, unverifiable information, or non-serviceable locations.
Borrowers are responsible for timely repayment of loan installments as per the agreed repayment schedule. Repeated delays or defaults may lead to recovery actions or legal proceedings in accordance with applicable laws.
Users are advised to review CredBazar's Privacy Policy before using our services. The policy explains how personal and financial information is collected, used, stored, and protected.
CredBazar complies with all applicable guidelines issued by the Reserve Bank of India (RBI). We do not demand or collect any advance or pre-approval fees outside authorized channels. Users should be cautious of fraudulent communications claiming to represent CredBazar. Official communication is conducted only through our registered website, phone numbers, and email addresses.
CredBazar reserves the right to modify or update these Terms and Conditions at any time without prior notice to comply with regulatory requirements or business needs. Continued use of the website constitutes acceptance of the revised terms.
For any complaints, technical issues, or grievances related to our services, users may contact the designated Grievance Officer through the contact details provided on the website. We aim to address all concerns in a timely manner.