Instantloanpay

1. Basis of Interest Rate Determination

Interest rates are determined based on multiple factors, including but not limited to:

Creditworthiness of the borrower

Loan amount and tenure

Risk profile and repayment history

Cost of funds and market conditions

Product type and internal pricing policy

2.Type of Interest Rate

We may offer both fixed and floating interest rate options, depending on the loan product. All terms, including applicable rate, will be clearly disclosed in the Loan Sanction Letter and Loan Agreement.

3. Annualized Rate Disclosure

The interest rate is communicated as an annualized percentage rate (APR) to help borrowers understand the total cost of the loan, including applicable fees or charges.

4. Revisions and Notifications

Any revision in interest rates for existing loans (in case of floating rate loans) will be communicated in advance. Changes will be applied prospectively and will not affect the past dues.

5.Transparency and Compliance

We ensure full transparency in our pricing approach and strictly adhere to all guidelines laid down by the Reserve Bank of India (RBI) or other regulatory authorities.

HAR SHREEJEE FINANCE & LEASING COMPANY LIMITED | Registered Under RBI B-14.02044

GRIEVANCE REDRESSAL CELL

We strictly follow the RBI directive and have set up an effective Grievance Redressal Cell to handle and address all manner of grievances.
We always endeavour to carry out responsible lending, whereby we give just the loan which we know you will find convenient to pay back, but also recover our dues ethically. We never believe in any manner of high-handed or coercive recovery methods.
But in case you have any complaints we will take up the matter seriously and address the issue within 5 working days.

Email us at : Support@instantloanpay.com, Grievance@instantloanpay.com

Helpline : 9560429955 | Ms. Neha (Timing 10:00 Am to 07:00 PM)

Important* - As a registered NBFC with the Reserve Bank of India and following all the guidelines of the regulatory authorities, EverydayloanIndia provides loans to all eligible customers, where we accomplish our lending services through our website and CRM. Apart from this, we would like to inform our customers and the general public that we don’t have any app on android or appstore, and we are not disbursing through any mobile app. Therefore, please beware of any lending application that is copying our name and disbursing loans in our name through mobile apps, and please inform us in such circumstances where someone is trying to cheat through the unauthorized loan app by copying our name and logo.