Welcome to JMS Solution. By using our services, you agree to the following terms and conditions. Please read them carefully.
1. Eligibility
- Applicants must be at least 18 years of age.
- Valid identification and necessary documentation are required for loan applications.
- Approval is subject to verification and eligibility criteria set by JMS Solution.
2. Loan Approval and Disbursal
- Loan approval is at the sole discretion of JMS Solution.
- Loan disbursal is subject to verification of documents and completion of required formalities.
- JMS Solution reserves the right to approve, reject, or modify loan amounts based on its assessment.
3. Interest Rates and Fees
- Interest rates are determined based on the type of loan, applicant’s creditworthiness, and prevailing market rates.
- All applicable fees, including processing fees, late payment charges, and any other charges, will be disclosed at the time of loan approval.
4. Repayment
- Loan repayment terms, including tenure and installment amounts, will be specified in the loan agreement.
- Timely repayment is the responsibility of the borrower. Failure to repay on time may result in penalties and affect the borrower’s credit rating.
- Prepayment of loans may be allowed subject to terms specified in the loan agreement.
5. Default
- In case of default, JMS Solution reserves the right to take appropriate legal action to recover the outstanding loan amount.
- Collateral, if any, may be seized and sold to recover the dues as per the terms of the loan agreement.
6. Confidentiality
- JMS Solution is committed to protecting the privacy and confidentiality of the borrower’s personal and financial information.
- Information may be shared with third parties only for verification, processing, or as required by law.
7. Changes to Terms and Conditions
- JMS Solution reserves the right to modify these terms and conditions at any time. Changes will be communicated to borrowers through appropriate channels.
- Continued use of our services after changes have been communicated signifies acceptance of the revised terms and conditions.
8. Dispute Resolution
- Any disputes arising out of or in connection with the loan agreement shall be resolved through arbitration, as per the terms specified in the agreement.
- The jurisdiction for any legal proceedings shall be the courts located in [City/State], unless otherwise specified in the loan agreement.
9. Disclaimer
- JMS Solution is not responsible for any loss or damage incurred by the borrower due to the use of our services.
- Borrowers are advised to read and understand the loan agreement and seek independent financial advice if necessary.
By using the services of JMS Solution, you acknowledge that you have read, understood, and agreed to these terms and conditions.