I am applying for a loan facility (“Facility”) through Goodloans.in (“the Platform”). In pursuance of my loan application, I hereby unconditionally and irrevocably acknowledge, declare, and confirm that:
1. Role of Goodloans.in: I understand that Goodloans.in is not a bank or lender. It only collects and forwards my loan application details to its trusted partners (DSAs, Banks, NBFCs, and other financial institutions). The decision to sanction or reject my loan application lies solely with the respective bank/NBFC as per their internal policies.
2. Loan Approval & Terms: I acknowledge that the grant of any Facility is subject to execution of required documents, eligibility checks, verification, and approval from the concerned bank/NBFC. Goodloans.in has no control over interest rates, approval timelines, charges, or rejection of the loan application.
3. Accuracy of Information: I declare that all details, documents, and information submitted by me are true, correct, and up-to-date. I confirm that I have not concealed or misrepresented any information that may affect my loan application.
4. Data Sharing & Consent: I authorize Goodloans.in and its partners to share my application details, documents, and information with their associated banks, NBFCs, DSAs, service providers, verification agencies, credit bureaus, and regulatory/statutory authorities for the purpose of loan processing, verification, credit checks, and risk assessment.
5. Marketing Consent: Irrespective of sanction of the Facility, I agree and consent to Goodloans.in and its partners contacting me for promotional offers, services, or related financial products. I understand that my rights under the National Customer Preference Register (NCPR)/Do Not Disturb Registry (DND) will not restrict such communication.
6. Liability Disclaimer: I acknowledge that Goodloans.in shall not be responsible for any delay, rejection, interest rate, charges, hidden costs, or disputes arising between me and the lending institution. All loan agreements and related liabilities are strictly between me and the bank/NBFC.
7. Electronic Consent: I understand that this declaration is an electronic contract, governed under the Information Technology Act, 2000, and does not require any physical or digital signature.