Loan & EMI Disclosure

1. Platform Role

Bilipatra Bazaar is a digital marketplace platform that helps users connect with third-party banks, NBFCs (Non-Banking Financial Companies), dealers, agents, and financing partners.

Bilipatra Bazaar is NOT:

• A bank
• An NBFC
• A direct lender
• A financial institution

Bilipatra Bazaar does not directly provide loans, approve financing, or collect EMI payments from users.

2. EMI Calculator Disclaimer

Any EMI, interest amount, down payment estimate, monthly installment, total payable amount, or finance calculation shown on the platform is only an indicative estimate provided for informational purposes.

Actual loan terms may vary depending on:

• Lender policies
• Credit profile
• CIBIL score
• Documentation
• Processing fees
• Insurance
• Tenure selection
• Interest rate changes
• Regional finance policies

Bilipatra Bazaar does not guarantee:

• Loan approval
• Exact EMI amount
• Exact interest rate
• Financing eligibility
• Processing timelines

Users are advised to verify final loan terms directly with the financing partner.

3. Loan Inquiry Submission

When a user submits a loan inquiry through Bilipatra Bazaar, the user may be required to provide:

• Name
• Mobile number
• City/Location
• Vehicle interest details
• Loan amount
• Down payment preference
• Financing requirements

By submitting a loan inquiry, the user confirms that:

• The information provided is accurate
• The user voluntarily requested financing assistance
• The user consents to communication from financing partners

4. Sharing of Information

Bilipatra Bazaar may share submitted loan inquiry information with:

• Banks
• NBFCs
• Financial institutions
• Vehicle dealers
• Loan agents
• DSA partners
• Financing service providers

This sharing is done only for the purpose of:

• Loan assistance
• Financing evaluation
• Customer support
• EMI consultation
• Loan processing

5. Communication Consent

By using loan-related services on Bilipatra Bazaar, the user agrees to receive:

• Phone calls
• SMS
• WhatsApp messages
• Email communication

from Bilipatra Bazaar or its financing partners regarding:

• Loan assistance
• EMI details
• Financing offers
• Document verification
• Loan status updates

6. No Loan Guarantee

Submission of a loan inquiry does not guarantee:

• Loan approval
• Loan sanction
• Financing eligibility
• Lowest interest rates
• Instant approval

All financing decisions are made solely by the respective lender or financing institution.

7. Third-Party Responsibility

Bilipatra Bazaar is not responsible for:

• Loan rejection
• Financing disputes
• Repayment issues
• Interest rate changes
• Lender decisions
• Processing delays
• Documentation requirements
• EMI disputes
• Hidden charges imposed by lenders
• Third-party financing policies

Any financial agreement entered into by the user is solely between the user and the financing provider.

8. Accuracy of Information

While Bilipatra Bazaar attempts to provide accurate EMI estimates and financing information, we do not warrant that all calculations, rates, offers, or lender information will always remain updated or error-free.

Users should independently verify all financial details before proceeding.

9. Fraud Prevention

Users must not:

• Submit false information
• Impersonate another person
• Misuse financing inquiries
• Submit fake loan requests

Bilipatra Bazaar reserves the right to reject or remove suspicious loan inquiries without notice.

10. Changes to Financing Services

Bilipatra Bazaar may:

• Modify EMI calculations
• Change financing partners
• Discontinue loan-related services
• Update financing features
• Revise these terms

without prior notice.

11. Limitation of Liability

Bilipatra Bazaar shall not be liable for:

• Financial losses
• Loan rejection
• Lender actions
• Financing disputes
• Repayment obligations
• Indirect damages
• Business interruption
• Inaccurate third-party financing information

arising from the use of loan-related services.

12. User Responsibility

Users are solely responsible for:

• Reviewing final loan agreements
• Understanding repayment obligations
• Verifying lender charges
• Reading financing documents
• Evaluating affordability before taking any loan

Users should consult financial advisors where necessary.

13. Contact Information

For any loan or EMI related questions, users may contact Bilipatra Bazaar through the official support channels available on the platform.