Eligibility for Loans
- Applicants must meet the minimum age requirement of 18 years.
- Loans are subject to credit approval and may require proof of income or collateral.
- Applicants must provide accurate and verifiable information during the registration and loan application process.
Loan Application and Approval
- Submitting a loan application does not guarantee approval.
- Loan approval depends on factors such as creditworthiness, employment status, and compliance with our policies.
- SRF Micro Credit reserves the right to reject applications without providing detailed reasons.
Loan Repayment
- Loan repayment terms, including installment amounts and due dates, will be communicated upon loan approval.
- Timely repayment is mandatory to avoid late fees, penalties, or adverse effects on your credit rating.
- Early repayment is allowed, and applicable terms will be outlined in your loan agreement.
Fees and Charges
- All fees, including interest rates and processing charges, will be disclosed during the application process.
- No hidden fees will be applied; however, additional charges may apply for late payments or missed installments.
Use of Information
- SRF Micro Credit collects and uses personal information to process loan applications and manage accounts.
- Your information will not be shared with third parties without your consent, except as required by law.
- Refer to our Privacy Policy for detailed information about data handling.
Customer Obligations
- Customers are responsible for providing accurate and up-to-date information during the loan process.
- Any changes to your personal or financial details must be reported to SRF Micro Credit promptly.
Amendments to Terms
- SRF Micro Credit reserves the right to modify these terms at any time.
- Customers will be notified of significant changes via our website or email.
Limitation of Liability
- SRF Micro Credit is not liable for any losses resulting from delays, system downtime, or other factors beyond our control.
- Customers are advised to use our services responsibly and seek clarification if needed.
Contact Us
For any questions or concerns about these Terms & Conditions, please contact us.