1. Flexible Loan Offerings

Our loan solutions provide adaptable terms, allowing you to borrow up to ₹200,000 with repayment periods ranging between 91 and 180 days. The daily interest rate is 0.04%, translating to an annual percentage rate (APR) of 13.9%. A processing fee of up to 2% of the loan value applies.

Example Scenario:
If you take a ₹35,000 loan with a 180-day repayment period at an APR of 13.9%, the total processing fee (including GST) will be ₹826. Your monthly installment will be ₹6,233, resulting in a total repayment of ₹37,399. Interest on the loan will come to ₹2,399, bringing the overall loan cost—including interest and fees—to ₹3,225. The amount you'll actually get is ₹34,174.


2. Determination of Loan Amount

The value of the loan to be disbursed to the borrower shall be determined based on the amount requested through the loan application submitted to the lender. Following a mutual agreement on the requested amount by both the borrower and the lender, the loan will be executed in compliance with the terms outlined in this agreement.


3. Terms of Loan Repayment

· Initiation of Repayment Period: Following the initiation date of this agreement, the borrower is obliged to commence repayments based on the predetermined method and frequency until the total repayment of both the loan principal and interest.

· Consequences of Non-Timely Repayment: Should the borrower default on the scheduled repayment, overdue interest will be levied from the default date at an annualized rate agreed upon by both parties, continuing until the full repayment of the outstanding amount.

· Early Repayment Option: The borrower is entitled to settle any outstanding loan amount, partially or in full, prior to the expiration of the repayment period.


4. Repayment Breach Penalties

a. Interest for Delayed Repayment: Failure to meet the repayment terms will subject the Borrower to additional interest penalties as defined in this Agreement.

b. Rights to Legal Recourse: Cash LLM retains the right to seek legal remedies against borrowers who default on their repayment, which may include credit reporting and litigation.


5. Borrower's Pledges

a. Contractual Compliance: The borrower affirms their comprehension of and commitment to the terms contained within this loan agreement.

b. Authenticity of Submitted Details: The borrower assures the lender of the complete authenticity and accuracy of all submitted information, devoid of any inaccuracies or omissions.

c. Assurance of Repayment: The borrower guarantees the full and punctual repayment of the loan's principal and interest, following the plan provided in the application.

d. Credit Evaluation Agreement: The borrower acknowledges the loan provider's right to assess, at any given time, the borrower's credit standing and the capability for repayment.


6. Commitments by Cash LLM

a. Loan Payment: Cash LLM will fulfill its commitment to pay out the loan in accordance with the agreement's terms, delivering the entire amount in one transaction to the borrower.

b. Repayment Planning Assistance: Cash LLM commits to providing the borrower with a clear repayment strategy, detailing the repayment timeframe, installment sums, and other necessary details for on-time repayment.

c. Protection of Borrower Information: Cash LLM assures the confidentiality of all borrower-related information and repayment data, with a promise against its disclosure or misuse.



7. Guarantee and additional agreement

a. Legal Capacity and Status Guarantee: The borrower asserts their status as either an Indian citizen or legal resident, of legal age and fully capable of executing this agreement.

b. Assurance of Lawful Use of Loan Amounts: The borrower guarantees that loan funds will be deployed for legal activities, assuming responsibility for all issues arising from illegal application.

c. Prompt Notification in Case of Force Majeure: The borrower is obligated to quickly inform the lender of any force majeure event or other significant adversities affecting repayment, with the provision of relevant documentation.

Should any situation arise that is not explicitly addressed within the bounds of this agreement, both parties retain the right to engage in further discussions to negotiate and finalize a supplementary contract.



8. Change in Agreement

All updates, changes, or supplements to the conditions of this Agreement necessitate drafting in a written format, which shall then be validated through the mutual agreement and signatures of the involved parties.