By accessing and using KASLoans's website and services, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions. If you do not agree with any part of these terms, you must not use our services or submit any loan applications through our platform.
These terms constitute a legally binding agreement between you and KASLoans. Your use of our services, including submitting loan applications, using our calculators, or accessing any information on our website, indicates your acceptance of these terms.
KASLoans is a loan aggregation and comparison platform that connects borrowers with various financial institutions and lenders. We facilitate the loan application process by providing information, comparison tools, and application submission services. We are not a direct lender and do not provide loans ourselves.
Loan comparison and information services
Application facilitation with partner lenders
Financial calculators and tools
Educational resources and loan guidance
All loan approvals, terms, interest rates, and disbursements are determined solely by our partner financial institutions, not by KASLoans.
When you submit a loan application through our platform, you authorize us to share your information with our partner lenders and financial institutions for the purpose of evaluating your loan eligibility. The application process involves providing accurate personal, financial, and employment information as required.
By submitting an application, you consent to credit checks, verification of provided information, and communication from both KASLoans and our partner lenders regarding your application status.
Loan applications are reviewed and processed by our partner financial institutions, not by KASLoans. Each lender has its own approval criteria, processing timeframes, and documentation requirements. We do not guarantee loan approval, and all decisions regarding loan approval, terms, and conditions are made solely by the lending institutions.
Credit history and credit score evaluation
Income and employment verification
Documentation review and validation
Risk assessment and loan decision
Processing times vary by lender and loan type, typically ranging from a few hours to several business days. You will be notified of the decision through the contact information provided in your application.
To be eligible for loan services through our platform, you must be at least 18 years of age and a legal resident of India. You must have a valid government-issued identification document and be capable of entering into a legally binding contract.
Additional eligibility criteria may vary by loan type and lender. Each financial institution has its own specific requirements regarding income, employment status, credit history, and other factors that determine loan eligibility.
To complete your loan application, you will need to provide various documents as required by the lender. These typically include identity proof, address proof, income documents, bank statements, employment verification, and other documents specific to the loan type you are applying for.
Valid government-issued ID (Aadhaar, PAN, Passport)
Proof of address (utility bills, rental agreement)
Income documents (salary slips, bank statements)
Employment verification and business documents (if applicable)
All documents must be valid, authentic, and submitted in the format specified by the lender. Providing false or misleading information may result in application rejection or legal consequences.
Interest rates for loans are determined solely by the lending financial institutions based on various factors including your credit profile, loan amount, tenure, loan type, and prevailing market conditions. KASLoans does not set or control interest rates, and the rates displayed on our platform are indicative and subject to change.
Final interest rates will be communicated to you by the lender upon loan approval. Rates may be fixed or floating, depending on the loan product and lender's terms. It is your responsibility to review and understand the interest rate structure before accepting any loan offer.
Various fees and charges may apply to your loan, including processing fees, administrative charges, prepayment penalties, late payment fees, and other charges as specified by the lender. All fees will be clearly disclosed in your loan agreement before you accept the loan offer.
Processing fees: Typically 0.5% to 2% of loan amount
Late payment charges: As per lender's policy
Prepayment/foreclosure charges: Varies by lender
Other charges: As specified in loan agreement
Please carefully review all fees and charges before accepting any loan offer. If you have questions about any fees, contact the lender directly for clarification.
You are required to make loan repayments according to the schedule specified in your loan agreement. Repayments typically include both principal and interest components, calculated based on the loan amount, interest rate, and tenure agreed upon with the lender.
It is your responsibility to ensure timely payment of all EMIs (Equated Monthly Installments) or other scheduled payments. Failure to make payments on time may result in late fees, penalty charges, and negative impact on your credit score.
Most lenders allow partial or full prepayment of loans, subject to their terms and conditions. Prepayment charges may apply, and the specific terms will be outlined in your loan agreement. You should review the prepayment policy before making early repayments.
Partial prepayment: May be allowed with charges
Full foreclosure: Complete loan closure before tenure
Prepayment charges: Varies by lender and loan type
Notice period: May be required for prepayment
Contact your lender directly to understand the specific prepayment terms applicable to your loan and to initiate any prepayment requests.
A loan is considered in default when you fail to make scheduled payments as per the loan agreement. Default may occur after missing one or more EMI payments, depending on the terms specified by your lender. Default can also occur if you breach any other terms and conditions of your loan agreement.
It is crucial to understand that defaulting on a loan has serious consequences, including negative impact on your credit score, additional fees and penalties, and potential legal action by the lender to recover the outstanding amount.
In case of default, the lender may take various actions including charging late payment fees and penalties, reporting the default to credit bureaus which will negatively impact your credit score, initiating collection proceedings, and in severe cases, taking legal action to recover the outstanding amount.
Late payment charges and penalty interest
Negative credit bureau reporting
Collection agency involvement
Legal proceedings and asset recovery
If you are facing financial difficulties, contact your lender immediately to discuss possible solutions such as loan restructuring, moratorium, or other repayment arrangements before the situation escalates to default.
You are responsible for providing accurate, complete, and truthful information in your loan application and all related documents. Any false, misleading, or incomplete information may result in application rejection, loan cancellation, or legal consequences including fraud charges.
You must promptly notify both KASLoans and your lender of any changes to your personal, financial, or employment information that may affect your loan application or ongoing loan obligations.
You are responsible for maintaining the confidentiality of your account credentials, including usernames, passwords, and any authentication codes. You must not share your account information with anyone and must immediately notify us if you suspect unauthorized access to your account.
Maintain secure and unique passwords
Report suspicious activity immediately
Keep contact information updated
Comply with all loan agreement terms
You are liable for all activities that occur under your account, whether authorized by you or not, until you notify us of unauthorized access and we have had reasonable time to act on such notification.
KASLoans provides information and facilitates connections between borrowers and lenders, but we do not guarantee loan approval, specific interest rates, or loan terms. All loan decisions, terms, and conditions are determined solely by the lending financial institutions. We are not responsible for any loan denials, delays, or unfavorable terms offered by lenders.
While we strive to provide accurate information, we do not warrant that all information on our platform is complete, current, or error-free. Interest rates, loan products, and terms are subject to change without notice.
To the maximum extent permitted by law, KASLoans, its affiliates, partners, and service providers shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising from your use of our services, including but not limited to loss of profits, data, or business opportunities.
No liability for lender decisions or actions
No guarantee of loan approval or terms
Not responsible for third-party services or websites
Limited liability for technical errors or interruptions
Our total liability for any claims arising from your use of our services shall not exceed the amount of fees, if any, that you have paid to us in the twelve months preceding the claim.
KASLoans reserves the right to modify, update, or change these Terms and Conditions at any time without prior notice. Changes may be made to reflect updates in our services, legal requirements, business practices, or for other operational reasons. It is your responsibility to review these terms periodically.
Material changes to these terms will be communicated through email notifications or prominent notices on our website. Your continued use of our services after such changes constitutes your acceptance of the modified terms.
The effective date of the current Terms and Conditions is indicated at the top of this document. Previous versions of these terms are archived and may be made available upon request. If you do not agree with any modifications to these terms, you must discontinue using our services immediately.
Notification of material changes via email
Prominent website notice for significant updates
Version history maintained for reference
Continued use implies acceptance of changes
If you have an active loan application or loan account, changes to these terms will not affect your existing loan agreement with the lender, which is governed by the terms agreed upon at the time of loan approval.
Our customer support team is available to assist you with questions about our platform, loan application process, and general inquiries. However, for specific questions about your loan terms, repayment schedule, or account details, you should contact your lender directly, as they are responsible for managing your loan account.
We strive to respond to all inquiries in a timely manner, typically within 24-48 hours during business days. For urgent matters related to your loan, please contact your lender immediately.
For questions about these Terms and Conditions, our services, or general inquiries, you can contact us through the following channels. Please provide your full name, email address, and a detailed description of your inquiry to help us assist you effectively.
Email: support@KASLoans.com
Phone: Available through customer support
Contact Form: Available on our website
Response Time: Within 24-48 business hours
For loan-specific inquiries, including repayment issues, account details, or loan modifications, please contact your lender directly using the contact information provided in your loan agreement.
