Lal G Finance

1. Eligibility

• You must be at least 18 years of age to use our services.
• You must be an Indian resident with a valid mobile number.
• You must provide accurate and truthful information during registration.

2. Loan Application

• Loan applications are subject to review and approval at our sole discretion.
• We reserve the right to reject any application without providing a reason.
• The loan amount, interest rate, and tenure displayed are subject to final approval.
• Pre-approved offers on your dashboard are indicative and subject to verification.

3. Interest & Fees

• Interest is charged on the outstanding principal as specified in your loan offer.
• A processing fee may be deducted from the disbursed amount.
• Late payment of EMIs may attract a penalty as communicated at the time of loan disbursement.
• All rates are communicated clearly before you accept a loan offer.

4. Repayment Obligations

• You are obligated to repay all EMIs by their respective due dates.
• Payments must be made via the approved channels (UPI, GPay, PhonePe, etc.).
• You must submit valid proof of payment for verification within the app.
• Failure to repay may result in your loan being marked as defaulted, which will negatively affect your credit score on our platform.

5. Account Security

• You are responsible for keeping your MPIN confidential.
• Do not share your MPIN or login credentials with anyone.
• Notify us immediately if you suspect unauthorised access to your account.
• We will never ask for your MPIN via phone, SMS, or email.

6. Prohibited Activities

You must not:

• Provide false or misleading information in your loan application.
• Use borrowed funds for illegal purposes.
• Attempt to manipulate or exploit our systems.
• Submit fraudulent payment proofs or transaction IDs.

7. Termination

We reserve the right to suspend or terminate your account without prior notice if you violate these Terms, provide false information, or engage in fraudulent activity. Outstanding loan balances remain due even after account termination.

8. Limitation of Liability

Lal G Finance is not liable for any indirect, incidental, or consequential damages arising from your use of our services. Our total liability shall not exceed the amount of the last EMI paid by you.

9. Governing Law

These Terms are governed by the laws of India. Any disputes shall be subject to the exclusive jurisdiction of courts in the state where our registered office is located.

10. Changes to Terms

We may revise these Terms at any time. Continued use of the application after changes constitutes acceptance of the revised Terms. We recommend reviewing this page periodically.

11. Contact

For any questions about these Terms, please visit our Contact page.