Disclaimer for LoanBazaarNow.in

1. Service Nature

LoanBazaarNow.in operates exclusively as an informational intermediary platform (IRDAI Registration No: [Insert Number]). We do not:

• Directly provide loans or credit facilities
• Act as financial advisors
• Charge any fees for our informational services

2. Third-Party Services

Our platform displays financial products from RBI-regulated entities including:

• Banks (Public & Private Sector)
• NBFCs (Non-Banking Financial Companies)
• FinTech partners

We expressly disclaim responsibility for:

• Third-party service terms and conditions
• Loan approval/rejection decisions
• Interest rates and fee structures
• Collection practices of lenders

3. No Endorsement

Product listings do not constitute recommendations. We maintain strict neutrality and:

• Do not prioritize partners based on compensation
• Display all applicable charges as provided by partners
• Update information quarterly (last updated: [Insert Date])

4. User Responsibility

Users must:

• Verify all details directly with lenders
• Read all financial agreements thoroughly
• Assess repayment capacity independently
• Check lender credentials via RBI’s Verified Portal

5. Risk Acknowledgement

By using our services, you acknowledge:

• Possible impact on credit scores from multiple inquiries
• Market risks in floating rate products
• Potential prepayment charges
• Currency fluctuation risks for foreign currency loans

6. Compliance Disclaimer

Users are solely responsible for:

• Adherence to FEMA guidelines for NRI services
• GST compliance on financial transactions
• Reporting income under applicable IT laws

7. Limitation of Liability

We expressly exclude liability for:

• Service interruptions (max 48hr maintenance window)
• Data inaccuracies beyond our control
• Consequential damages (capped at ₹1000)

8. Dispute Resolution

All claims subject to:

• Exclusive jurisdiction of Mumbai courts
• Mandatory 30-day cooling off period
• Online dispute resolution via NCHL

Contact Information

Last Updated: [Insert Date] | Subject to periodic revisions