we are committed to maintaining transparency and compliance in our partnerships with financial technology service providers. This section outlines our approach to working with Lending Service Providers (LSPs) and Digital Lending Apps (DLAs) as per regulatory guidelines.
What Are LSPs and DLAs?
- LSPs (Lending Service Providers) are entities engaged by lenders or NBFCs to assist in sourcing borrowers, processing applications, or managing loan-related services.
- DLAs (Digital Lending Apps) are mobile or web-based platforms used by lenders or their partners to offer credit digitally.
Our Policy on LSPs & DLAs
We ensure that all third-party partners engaged through DLAs or LSPs:
- Are regulated entities or registered with RBI (in India) or follow equivalent guidelines elsewhere.
- Adhere to the Fair Practice Code and applicable financial laws.
- Do not mislead customers or offer false promises.
- Maintain full data confidentiality and follow strict data security standards.
- Disclose all fees, terms, interest rates, and charges upfront.
- Are listed transparently on our website for public reference.
Customer Protection
When you apply for financing through our platform or partner apps:
- You will be informed clearly whether a loan is provided by us or through a partnered lender/LSP.
- All terms will be presented before disbursal, and you will receive a digital loan agreement (DLA).
- You can always opt-out or withdraw if you disagree with the terms.
Disclosure
Here is a list of our current registered LSPs and digital partners:
[Partner 1 Name] is an LSP, registered with RBI, and can be reached via [Website].
[Partner 2 Name] provides DLA Support, is RBI registered, and is available at [Website].
Note: This list is updated periodically in compliance with regulatory norms.