TERMS & CONDITIONS
Jhatpat Paisa is a product by Survin Finance & Investments Ltd.
Survin Finance & Investments Ltd – NBFC
1. GENERAL
• By applying for a loan, the Borrower agrees to all Company policies and RBI guidelines.
• Loan approval is subject to eligibility, credit checks, and documentation.
2. LOAN TYPES COVERED
• Personal Loan
• Gold Loan
• Microfinance Loan
3. PERSONAL LOAN
• EMI-based repayment through bank mandate.
• Interest and charges as per the sanction letter.
• Late EMI attracts penalties.
• Prepayment allowed as per policy.
• Defaults may be reported to credit bureaus.
4. GOLD LOAN
• Gold valuation as per purity and market rate.
• LTV ratio follows RBI norms.
• Gold remains with the Company until full repayment.
• Delayed repayment may lead to penal charges and gold auction after due notice.
• Gold is stored securely with insurance coverage.
5. MICROFINANCE LOAN
• Applicable for eligible individuals/JLG/SHG members.
• Group members may share joint liability.
• Repayment is weekly/bi-weekly/monthly as informed.
• Loan must be used for approved income-generating activities.
6. KYC & VERIFICATION
• Valid KYC documents are mandatory.
• Company may verify residence, employment, and references.
• False information may result in rejection or legal action.
7. FEES & CHARGES
• Processing fee, verification charges, late payment penalties, prepayment charges, and legal
expenses may apply.
• All charges are non-refundable.
8. DATA USAGE
• Borrower authorizes sharing of data with credit bureaus, regulators, and service partners as per
RBI compliance.
• Company maintains data privacy as per regulatory norms.
9. COLLECTION & RECOVERY
• Recovery will follow RBI Fair Practices Code.
• Persistent default may lead to legal action.
10. LOAN CLOSURE
• Loan is closed only after full repayment and issuance of No Dues Certificate (NDC).
• Company may terminate the loan in case of fraud or misuse.
11. JURISDICTION
All disputes fall under the jurisdiction of the Company’s registered office location