Terms & Conditions

1. Introduction

Welcome to Karimnagar Loans ("we," "our," or "us"). These Terms and Conditions ("Terms") govern your use of our website loans.cgclt.com and our loan comparison and application services. By accessing or using our services, you agree to be bound by these Terms.

2. About Our Services

Karimnagar Loans is a loan comparison and application platform that connects borrowers with banks and NBFCs in Karimnagar, Telangana and surrounding areas. We provide:

• Loan comparison services across 140+ banks and NBFCs
• Online loan application submission
• Loan eligibility assessment tools
• EMI calculators and financial tools
• Expert consultation and guidance

3. User Agreement

3.1 Eligibility

You must be at least 18 years old and legally capable of entering into contracts to use our services. By using our platform, you represent that you meet these requirements.

3.2 Account Information

You agree to provide accurate, current, and complete information when submitting loan applications or using our services. You are responsible for maintaining the confidentiality of any account information.

4. Loan Application Process

4.1 Application Submission

When you submit a loan application through our platform:

• We forward your application to relevant banks and NBFCs
• Lenders may contact you directly for further processing
• Final loan approval decisions are made by the respective lenders
• We do not guarantee loan approval or specific terms

4.2 Documentation

You are responsible for providing all required documents and information accurately. Any false or misleading information may result in rejection of your application and potential legal consequences.

5. Fees and Charges

Our loan comparison and basic application services are provided free of charge to users. However:

• Premium consultation services may have associated fees
• Processing fees, if any, will be clearly disclosed before collection
• Banks and NBFCs may charge their own processing fees directly
• We may earn commission from lenders for successful loan disbursals

6. Privacy and Data Protection

6.1 Information Collection

We collect and process personal information as described in our Privacy Policy, including:

• Personal and contact information
• Financial information for loan eligibility assessment
• Employment and income details
• Credit history and related data

6.2 Data Sharing

Your information may be shared with banks, NBFCs, and credit bureaus for loan processing purposes. We implement appropriate security measures to protect your data.

7. Disclaimers and Limitations

7.1 Service Availability

While we strive to maintain continuous service, we do not guarantee uninterrupted access to our platform. Services may be temporarily unavailable due to maintenance, technical issues, or other factors.

7.2 Loan Approval

We do not guarantee:

• Loan approval from any lender
• Specific interest rates or terms
• Processing timelines
• Loan disbursement amounts

7.3 Third-Party Services

We are not responsible for the actions, policies, or services of third-party lenders, credit bureaus, or other service providers. Your relationship with these entities is governed by their respective terms and conditions.

8. User Responsibilities

You agree to:

• Provide accurate and truthful information
• Use our services for legitimate purposes only
• Comply with all applicable laws and regulations
• Not misuse or attempt to manipulate our platform
• Respect intellectual property rights
• Report any suspicious or fraudulent activity

9. Prohibited Activities

You may not:

• Submit false or fraudulent information
• Use our services for money laundering or illegal activities
• Attempt to reverse engineer or hack our platform
• Spam or send unsolicited communications
• Violate any applicable laws or regulations
• Interfere with other users' access to our services

10. Intellectual Property

All content on our website, including text, graphics, logos, images, and software, is the property of Karimnagar Loans or our licensors and is protected by copyright and other intellectual property laws. You may not reproduce, distribute, or modify any content without our written permission.

11. Termination

We reserve the right to terminate or suspend your access to our services at any time, with or without notice, for violation of these Terms or for any other reason. Upon termination, your right to use our services will cease immediately.

12. Limitation of Liability

To the maximum extent permitted by law, Karimnagar Loans shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from your use of our services.

13. Indemnification

You agree to defend, indemnify, and hold harmless Karimnagar Loans and its officers, directors, employees, and agents from and against any claims, damages, costs, and expenses arising from your use of our services or violation of these Terms.

14. Governing Law and Jurisdiction

These Terms shall be governed by and construed in accordance with the laws of India. Any disputes arising under these Terms shall be subject to the exclusive jurisdiction of the courts in Karimnagar, Telangana.

15. Changes to Terms

We reserve the right to modify these Terms at any time. We will notify users of significant changes by posting the updated Terms on our website. Your continued use of our services after such modifications constitutes acceptance of the updated Terms.

16. Contact Information

If you have any questions about these Terms, please contact us:

17. Severability

If any provision of these Terms is held to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.

18. Entire Agreement

These Terms constitute the entire agreement between you and Karimnagar Loans regarding the use of our services and supersede all prior agreements and understandings.