Terms and Conditions: www.PrestLoans.com (Lord Krishna Financial Services Ltd).
financing that are listed on Prestloans.com website of Lord Krishna Financial Services Ltd at
and applicable to any loan availed through the company’s website referred as the “Company’
or “Lender” or “prestloans.com”. I understand that www.prestloans.com or prestloans.com
represent the non-banking finance company ‘Lord Krishna Financial services Ltd’.
I/We accept the terms & conditions unconditionally and agree that these terms and conditions may
be amended or modified at any time and I/we will be bound by the amended terms & conditions that
are in force. I/we shall keep myself/ ourselves updated on all such updates.
I/We understand that sanction of the loan(s) is at the sole discretion of the Company and is
subject to my/our execution of necessary documents, providing any security (where applicable)
and other closing formalities to the satisfaction of the Lender. I/We agree that the Company at
its sole discretion may reject my application without providing any reasons, and that I/We
reserve no right to appeal against this decision.
I/We understand that it is my/our responsibility to fully read and understand the terms and
conditions of the loan documents and make ourselves fully aware of all the obligations that
we will have as a borrower under the loan documents. It will be solely at our discretion and
our informed decision to proceed or not proceed with availing of the loan from the Company
basis the terms and conditions of the loan documents.
I agree that I shall not copy, reproduce, sell, redistribute, publish, enter into a database,
display, perform, modify, transmit, license, create derivatives from, transfer or in any way
exploit any part of any information, content, materials, services available from or through the
Company website, except that which I may download for my own personal, non-commercial use
I understand and accept that all information submitted by me through prestloans.com shall be
deemed the property of the Company, and the Company shall be free to use any ideas, concepts,
know-how or techniques provided by me at prestloans.com, in any manner whatsoever. On initiating
a contact through prestloans.com I agree to being contacted by the Company or any other entities
with whom the Company has entered into an arrangement.
I/We declare that I am/we are citizens of/resident in India and I/we declare, warrant and
represent that all the particulars and information and details given / filled in this application
form and documents given by me/us to are true, correct and accurate and I/we and have the capacity
to contract as specified under the Indian Contract Act, 1872, while availing the Services offered
herein via prestloans.com and I/we have not withheld / suppressed any material information. I/We
undertake to furnish any additional information/ documents that may be required by prestloans.com
from time to time. The company reserves the right to retain the photograph & all the documents
submitted with the applications & may not return the same to the applicant.
I/We confirm that there are no insolvency proceedings against me/us nor have I/we ever been
adjudicated insolvent. I/We also undertake to inform the Company of changes in my/our
occupation/employment and to provide any further information that the Company may require.
I/We shall advise the Company on the change in my/our resident status.
I/We agree that my/our loan will not be used for any speculative or anti-social purpose.
As a pre-condition, relating to grant of the loans/advances/credit facilities by prestloans.com
to me/us, I/We agree and give consent for the disclosure by prestlaons.com of: (I) information
and data relating to me/us and our directors and group companies; (II) the information or data
relating to any credit facility availed of/to be availed, by me/us; and (III) default, if any,
committed by me/us, in discharge of any our obligations, to all or any third parties as may be
deemed necessary at the sole discretion of prestlaons.com and/or as may be required under the
applicable laws in force and/or upon the direction of statutory/ governmental authorities.
The Company may, as it reasonably deems appropriate and necessary, disclose and furnish information
as set forth above to CIBIL and/or any other agency authorized in this behalf by the
Reserve Bank of India. The Borrower hereby agrees that the Company shall be entitled to exchange
information regarding our accounts with other financial institutions or banks, as and when required
in accordance with Applicable Law and regulations.
I/We undertake and acknowledge that: (a) For the purpose of assessing our credit worthiness,
the Company is authorized to pull from CIBIL and/or any other agency authorized by RBI, data of
the applicant(s), directors, group companies, and any other individuals who are involved in the
said business, on behalf of which this loan application is made; (b) CIBIL and any other agency
so authorized may use, process the said information and data disclosed by the Company in the
manner as deemed fit by them; and (c) CIBIL, and any other agency so authorized may furnish for
consideration, the processed information and data or products thereof prepared by them, to
banks/financial institutions and other credit grantors or registered users, as may be specified
by the RBI in this behalf.
I/We further authorize the Company to keep me/us informed (vide telephone, SMS, mail, E-mail,
notification on mobile app etc.) of all promotional schemes, application status, my account
information, notices and/or activities etc.