Financial Solutions Services is a financial innovation startup based in India. Our goal is to deliver money-related items to the original person easily and efficiently.
We are an online platform that offers our clients budget items and administration, for example, personal advances, inbound advances, partial advances, and visas. We contract with banks to help borrowers make the best arrangements. We also offer our clients some incentive administration, for example, big data testing, credit risk assessment and investigation, and mechanized workflows for advanced startups and executives.
The most important terms and conditions:
1- There will be a fixed rate of interest on the loan stated at the time of the loan application.
2- The loan amount will be repaid only after debiting the processing fee in the borrower’s Digital Savings account, after accepting the terms of the personal loan agreement.
3- During the free period of two (2) days from the date of loan disbursement, the borrower can cancel the loan. In case of cancellation, the processing fee will not be refunded.
4- EMI will consist of principal and interest components. The borrower authorizes the bank to debit the EMI from the borrower’s Savings account on a specific EMI date.
5- The interest rate on the loan amount will be applied at the agreed rate on the daily deductible balance.
6- If no EMI is paid, the borrower will be liable for default fees and penal interest.
7- The borrower can repay the loan in advance or repay after 12 EMIs with applicable charges.
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