Commitment to Responsible Lending
Aparampaar Finance Pvt Ltd. is a RBI-registered Non-Banking Financial Company (NBFC) which specializes in lending short-term loans through its technology platform, Omozing. As a responsible lender, we recognize the importance of meeting our customer’s financial needs. We believe in being a responsible business entity and hence thoroughly adhere to RBI’s fair practice codes and policies. Further, as regulated by the RBI, all loan transactions are in line with the stipulated rules and regulations.
What you can expect from us as a responsible lender:
- We strictly prohibit abusive, misleading, or fraudulent lending practices
- We do not misuse any information you provide during the application process
- We provide you with all the information you may need to make fully informed decisions about our loan products
- We clearly display all information on the cost of borrowing, fees and charges and our lending terms and conditions on our mobile application and on the website
- Our detailed FAQ section of the application and on the website provides easy to understand information on the queries you may have.
- Address your queries and complaints professionally within a stipulated time frame.
- We never indulge in sending fake legal notices from any government bodies or use logos or stamps of bodies such as RBI, CBI, UIDAI, Tax department etc.
- Our loan recovery process adheres to RBI’s fair practice code
What we need from you
- Always provide us with complete and accurate information on your application in order to assess your eligibility.
- Make sure you fully understand the terms and conditions on which the money is borrowed.
- Ensure timely repayments, in order to maintain a positive credit profile. Further it will help you to get credit faster on subsequent loans.