Terms and Conditions
Last Updated: June 17, 2025
Important Notice: EasyFinance Tamil Nadu is a loan facilitation service. We do not lend money directly. We connect borrowers with verified lending partners who make the final lending decisions.
1. Service Description
EasyFinance Tamil Nadu ("we," "us," "our") operates as a loan facilitation platform that connects potential borrowers with verified lending institutions. We do not provide loans directly but facilitate the loan application process.
1.1 Our Role
- We act as an intermediary between borrowers and lenders
- We facilitate the loan application process
- We do not guarantee loan approval
- Final lending decisions are made by our partner lending institutions
2. Eligibility and Application Process
2.1 Eligibility Criteria
- Applicant must be between 21-60 years of age
- Must be a resident of Tamil Nadu, India
- Must have a stable source of income
- Must provide all required documentation
- Must meet the credit criteria set by lending partners
2.2 Application Process
- Submission of application does not guarantee approval
- All information provided must be accurate and truthful
- False information may result in application rejection
- Processing time typically ranges from 3-7 business days
3. Loan Terms and Conditions
Important: All loan terms, interest rates, and conditions are determined by the lending partner, not by EasyFinance Tamil Nadu.
3.1 Interest Rates
- Interest rates vary based on credit profile and lending partner
- Rates typically range from 10.99% to 24% per annum
- Final rates are determined by the lending institution
- All rates are subject to change based on market conditions
3.2 Loan Amount and Tenure
- Loan amounts typically range from ₹50,000 to ₹10,00,000
- Final amount depends on eligibility and lender policies
- Repayment tenure ranges from 12 to 60 months
- Early repayment may attract prepayment charges as per lender policy
4. Fees and Charges
No Processing Fees: EasyFinance Tamil Nadu does not charge any processing fees from borrowers. Beware of fraudulent calls asking for advance payments.
4.1 Our Charges
- We do not charge borrowers for our facilitation services
- We may receive commission from lending partners
- This does not affect the loan terms offered to you
4.2 Lender Charges
- Processing fees (if any) are charged by the lender
- All charges will be clearly disclosed before loan approval
- GST may be applicable on all charges as per prevailing rates
5. Data Privacy and Security
5.1 Information Collection
- We collect personal and financial information for loan facilitation
- Information is shared only with verified lending partners
- We follow strict data protection protocols
- Refer to our Privacy Policy for detailed information
5.2 Communication Consent
By using our services, you consent to receive communications via phone, SMS, email, or WhatsApp regarding your loan application and related offers.
6. Disclaimers and Limitations
6.1 Service Limitations
- We cannot guarantee loan approval from any lender
- We are not responsible for lender decisions or policies
- Interest rates and terms may vary from initial estimates
- Service availability may be limited based on location
6.2 Liability Limitations
- Our liability is limited to our facilitation services only
- We are not liable for any disputes between borrower and lender
- We do not guarantee the accuracy of third-party information
7. Regulatory Compliance
- We operate in compliance with RBI guidelines
- All lending partners are RBI registered entities
- We follow Fair Practice Code guidelines
- All applicable regulations and laws are adhered to
8. Grievance Redressal
8.1 Complaint Process
- Complaints can be raised via email or phone
- We aim to resolve complaints within 7 working days
- Escalation process is available for unresolved issues
- Contact details are available on our website
8.2 Nodal Officer
- For complaints and grievances:
- Email: support@easyfinanceloan.online
9. Modifications to Terms
- These terms may be updated from time to time
- Users will be notified of significant changes
- Continued use constitutes acceptance of updated terms
- Check this page regularly for updates
10. Contact Information
EasyFinance Tamil Nadu
Email: support@easyfinanceloan.online
Website: www.easyfinanceloan.online
Important Advisory:
- Borrow responsibly and only what you can afford to repay
- Read all loan documents carefully before signing
- Never share your personal or financial information with unauthorized persons
- Report any suspicious activity immediately