Welcome to Amaravathi Finserv Groups. By applying for or availing any loan services through our platform, you agree to be bound by the following terms and conditions. Please read them carefully before proceeding.

1. Eligibility

To avail of our loan services, applicants must meet the eligibility criteria specific to each loan type (Personal, Business, Home, Agriculture, Project, or Takeover Loans). These criteria include, but are not limited to, age, income, credit score, and valid identification as per Indian regulations.

• Applicants must be residents of India and provide valid Aadhaar and PAN details.
• Eligibility requirements may vary based on the loan product and are subject to verification.
• Amaravathi Finserv Groups reserves the right to reject applications that do not meet eligibility criteria.

2. Loan Application Process

All loan applications must be submitted through our official website or authorized channels. Applicants are required to provide accurate and complete information, including personal, financial, and loan-specific details.

• Incomplete or inaccurate applications may lead to delays or rejection.
• Submission of an application does not guarantee loan approval.
• Processing times vary based on loan type and document verification (1-10 days).

3. Loan Approval and Disbursement

Loan approval is subject to the discretion of Amaravathi Finserv Groups and its lending partners, based on creditworthiness, documentation, and compliance with regulatory requirements.

• Approved loans will be disbursed to the applicant’s verified bank account.
• Additional fees, such as processing charges, may apply as per the loan agreement.
• Loan terms, including interest rates and repayment schedules, will be communicated in the loan agreement.

4. Repayment Terms

Borrowers are required to repay the loan as per the agreed schedule outlined in the loan agreement. Failure to make timely payments may result in penalties or legal action.

• Repayment schedules may vary (e.g., monthly EMIs, crop-cycle-based for agriculture loans).
• Prepayment is allowed for certain loans without penalties, subject to loan terms.
• Late payments may incur additional charges and impact credit scores.

5. Borrower Responsibilities

Borrowers must ensure the accuracy of all provided information and comply with all applicable laws and regulations during the loan application and repayment process.

• Notify Amaravathi Finserv Groups of any changes in personal or financial details.
• Use loan funds for the purpose specified in the application.
• Maintain valid collateral documents (if applicable) throughout the loan tenure.

6. Privacy and Data Protection

Amaravathi Finserv Groups is committed to protecting your personal information in accordance with the applicable data protection laws in India, including the Information Technology Act, 2000.

• Personal and financial data provided will be used solely for loan processing and related services.
• Data may be shared with lending partners or regulatory authorities as required by law.
• We employ industry-standard security measures to safeguard your information.

7. Termination and Default

Amaravathi Finserv Groups reserves the right to terminate or modify loan agreements in case of default, fraud, or non-compliance with these terms.

• Default includes failure to repay EMIs, misrepresentation, or violation of loan terms.
• In case of default, legal action may be taken to recover outstanding amounts, including seizure of collateral (if applicable).

8. Governing Law

These terms and conditions are governed by the laws of India. Any disputes arising will be subject to the exclusive jurisdiction of the courts in [Your City], India.

9. Amendments

Amaravathi Finserv Groups reserves the right to modify these terms and conditions at any time. Updated terms will be posted on our website, and continued use of our services constitutes acceptance of the revised terms.

10. Contact Us

For any queries or clarifications regarding these terms, please contact our support team through our official website or customer care channels.