Terms and Conditions

Effective Date: 21-09-2023

1. Acceptance of Terms and Conditions

By using the services provided by Preloans, you agree to be bound by these Loan Aggregator Terms and Conditions. If you do not agree with any part of these terms, please do not use our services.

2. Description of Services

Preloans provides an online platform that allows users to compare and apply for loans from various lending institutions. We do not provide loans ourselves but facilitate the loan application process.

3. Eligibility

To use our services, you must be at least 18 years old and have the legal capacity to enter into contracts. By using our services, you represent and warrant that you meet these eligibility requirements.

4. Use of Services

a. Accurate Information: You must provide accurate and complete information when using our services, including personal, financial, and contact details. b. Third-Party Lenders: You understand and agree that we are not responsible for the decisions made by third-party lenders. We do not endorse any specific lender, and the final loan approval decision rests with the lender. c. Privacy: We take your privacy seriously. Please refer to our Privacy Policy for information on how we collect, use, and protect your data.

5. Loan Application Process

a. Submission of Information: When you submit your loan application through our platform, we will share your information with potential lenders to facilitate the application process. b. Loan Approval: Loan approval is subject to the policies and criteria of the individual lenders. We do not guarantee loan approval or specific loan terms. c. Fees and Costs: You may be required to pay fees or costs associated with the loan application process or the loan itself. These fees will vary by lender and are your responsibility.

6. Disclaimers

a. No Warranty: We do not warrant the accuracy, completeness, or suitability of the information provided on our platform. You use our services at your own risk. b. Third-Party Links: Our platform may contain links to third-party websites. We are not responsible for the content or practices of these websites and do not endorse or control them. c. Financial Advice: Our services do not constitute financial advice. You should consult with a qualified financial advisor before making any financial decisions.

7. Limitation of Liability

To the fullest extent permitted by law, Preloans and its affiliates shall not be liable for any direct, indirect, incidental, consequential, or punitive damages arising out of or in connection with the use of our services.

8. Indemnification

You agree to indemnify and hold harmless Preloans and its affiliates from any claims, liabilities, losses, or expenses arising from your use of our services or violation of these Terms and Conditions.

9. Termination

We reserve the right to terminate or suspend your access to our services at any time, for any reason, without prior notice.

10. Governing Law

These Terms and Conditions shall be governed by and construed in accordance with the laws of Jurisdiction, without regard to its conflict of law principles.

11. Changes to Terms and Conditions

We may update these Terms and Conditions from time to time. You are responsible for reviewing them periodically to stay informed of any changes.

12. Contact Information

If you have any questions or concerns regarding these Terms and Conditions, please contact us at info@preloans.in. By using our services, you acknowledge that you have read, understood, and agreed to these Loan Aggregator Terms and Conditions.