Terms And Conditions
Introduction
1.1. Welcome to Zennith Finance! You consent to abide by these Terms & Conditions (“T&Cs”) by using our website, mobile application (“App”), and services (collectively referred to as “Services”).
1.2. We kindly ask that you refrain from using our services if you disagree with these terms and conditions.
Modification of terms
2.1. These terms and conditions are liable to revision at any time. You agree to the updated T&Cs if you continue to utilize the application after any changes were made.
2.2. To stay updated of any changes, we advise to periodically review these T&Cs.
Purpose
3.1. Zennith Finance is a financial services platform designed to provide loan solutions for Business Loan by connecting them with top banks and Non-Banking Financial Companies (“NBFCs”) (collectively referred to as “Partners”).
3.2. Business Loan can apply for business loans through our platform by completing the application process on our App.
3.3. Upon approval, businesses will have access to funds based on the terms agreed upon with our lending partners.
Eligibility
4.1. Your company needs to fulfill the following requirements in order to use our services:
– Have a valid business registration certificate, GSTIN, PAN, and bank account linked to Aadhaar.
– Be a registered Business Loan operating in India; fulfill the criteria for eligibility stipulated by our partner banks and NBFCs.
4.2. Zennith Finance and its Partners are free to accept or reject any loan application as they see fit.
User Responsibilities
5.1. During the loan application process, you pledge to provide accurate, comprehensive, and current business information.
5.2. You are in responsible of making sure Business Loans are paid back on schedule and in compliance with the terms that were agreed upon.
5.3. Any fraudulent activity or misrepresentation could lead to account termination and possible legal action.
Loan Terms & Repayment
6.1. Loan amounts, tenure, interest rates, and other terms are dictated by the policies of our Partner banks and NBFCs.
6.2. Repayments should be made according to the schedule outlined in the loan agreement.
6.3. Late payments or defaults may incur penalties, additional interest, and adversely affect the business’s credit profile.
Privacy & Data Usage
7.1. You consent to the gathering, storing, and handling of your business and financial data as stated in our Privacy Policy while using our services.
7.2. In order to improve loan processing, verification, and compliance, your information might be shared with our Partner banks and NBFCs.
Liability Limitation & Disclaimers
8.1. Rather of offering loans directly, Zennith Finance acts as an intermediary. Our Partnership banks and NBFCs have the last say over loan approvals.
8.2 Any losses, damages, or liabilities caused by loan rejections, late payments, or defaults are not our responsibility.
8.3 Despite our best efforts to guarantee accuracy, certain issues with technology, maintenance, or unexpected events may prevent us from guaranteeing continuous access to our services.
Termination & Account Suspension
9.1. We reserve the right to suspend or terminate your access to our Services if:
– You violate any of these Terms and Conditions;
– You do not fulfill your Business Loan obligations;
– Any fraudulent activities are associated with your account.
9.2. You may discontinue your use of our Services at any time by closing your account.
Governing Law & Dispute Resolution
10.1. The laws of India regulate these terms and conditions.
10.2. The courts will have exclusive jurisdiction over any disputes arising in relation to these T&Cs.
Contact Us
11.1. You can reach us at: Contact Us with any questions, issues, or assistance.