Introduction
Welcome to MK Finance. By accessing our services, website, or applying for a loan, you agree to comply with and be bound by the following Terms and Conditions. Please read them carefully before proceeding.
1. Eligibility
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- Applicants must be at least 18 years of age.
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- Applicants must be legally capable of entering into a binding agreement.
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- MK Finance reserves the right to verify all information provided by the applicant.
2. Loan Application & Approval
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- Submission of a loan application does not guarantee approval.
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- Loan approval is subject to internal verification, credit assessment, and risk evaluation.
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- MK Finance reserves the right to approve or reject any application without providing a reason.
3. Loan Amount & Disbursement
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- Approved loan amounts will be disbursed to the applicant’s registered bank account.
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- Disbursement timelines may vary based on verification and operational factors.
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- MK Finance is not responsible for delays caused due to incorrect information provided by the applicant.
4. Interest Rates & Charges
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- Interest rates are determined based on the applicant’s profile and loan tenure.
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- Additional charges may include processing fees, late payment penalties, and other applicable fees.
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- All applicable charges will be communicated before loan disbursement.
5. Repayment Terms
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- Borrowers must repay the loan as per the agreed schedule.
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- Payments must be made on or before the due date.
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- Late payments may attract penalties and negatively impact creditworthiness.
6. Prepayment & Foreclosure
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- Borrowers may prepay or foreclose the loan, subject to applicable charges (if any).
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- MK Finance reserves the right to modify prepayment conditions.
7. Default
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- Failure to repay the loan on time will be considered a default.
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- MK Finance reserves the right to take legal action or initiate recovery proceedings in case of default.
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- Default may impact the borrower’s credit score.
8. Use of Information
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- By applying for a loan, you consent to the collection and use of your personal information.
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- Information may be shared with credit bureaus, verification agencies, and regulatory authorities as required.
9. Limitation of Liability
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- MK Finance shall not be liable for any direct or indirect losses arising from the use of its services.
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- The company is not responsible for any technical issues or interruptions in service.
10. Changes to Terms
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- MK Finance reserves the right to modify these Terms and Conditions at any time without prior notice.
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- Continued use of services constitutes acceptance of updated terms.
11. Governing Law
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- These Terms and Conditions shall be governed by and interpreted in accordance with the laws of India.
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- Any disputes shall be subject to the jurisdiction of the courts in your operating city.
Contact Information
For any queries or support, you may contact:
MK Finance Customer Support
Email: support@Mkfinance24.com support@mkfinance.com
Phone: +91-9999409907

