Read our policies carefully before using Dakshmoney services.
Here at Dakshmoney, you can find the best financial services available anywhere. Our group of very talented experts is committed to giving you the best loan support possible. At Dakshmoney, we take great satisfaction in being a reliable and well-known business with offices placed in key Indian towns. To enjoy the comfort of easily obtaining a quick loan, visit our website. .
We appreciate your visit to our website, www.Dakshmoney.com, and extend a warm welcome to you. In the context of these Terms and Conditions, you are referred to as a "User," regardless of whether you are a registered user or a guest. If you decide to use our services, you must abide by the following "Terms of Use." You also agree to abide by all other terms and conditions that are listed on this page as well as other places on the website. We urge all users to carefully read these terms and conditions each time they plan to use our services, as they are subject to change.
You must fulfil the requirements outlined in our mobile app to use our Services and submit an application for a loan. Note that the Lender has chosen Dakshmoney to gather, confirm, and track your location, and verify User Data, papers, and any other information necessary for loan approval. The mobile application form for Dakshmoney that is accessible on our platform securely gathers and saves User Data with the Lender's approval.
This website's contents are considered electronic records under the provisions of the Information Technology Act of 2000 and any related, periodically modified guidelines. It is significant to note that this document constitutes a legally enforceable agreement between the user and the website and does not call for any physical or digital signatures. Because the terms and conditions offered adhere to Rule 3(1) of the Information Technology Rules of 2011, users are advised to carefully read them all.
We, the website's owners, reserve the right to change these terms of usage whenever we see fit. Any such modifications will take effect at the same moment they are uploaded to the website. You agree to the updated terms of usage automatically by using our website going forward. Under no circumstances will we accept claims that we were unaware of these terms. We appreciate your cooperation and understanding as we work to give you the best service possible.
Here at Dakshmoney, we put the eligibility of our customers first to make sure they have a smooth and responsible financing experience.
People must be able to legally engage in contracts under the Indian Contract Act, of 1872 to access our website. Our services are not available to those who are deemed incapable under this Act, including minors and undischarged insolvents. More specifically, persons under the age of eighteen (18) are not permitted to register on our website.
If it becomes apparent to us as the website owner that a user is under the age of 18, we reserve the right to cancel any subscription and refuse access. Users confirm that they are at least eighteen years old and able to engage in a legally binding contract by accepting our Terms of Usage.
Furthermore, customers must have a current or savings account with a registered Indian bank in rupees. It is also necessary to have a Permanent Account Number (PAN), which is provided by the government Income Tax Department of India.Users affirm that they have carefully read over and comprehended the dangers involved in giving and borrowing personal loans, whether in Durgapur, Bihar, or abroad, by accepting our Terms of Usage.
Users must be paid employees to be eligible to borrow money on our website for a personal loan. If they are salaried, users must be based in India, not have lost their job within the six months before applying for a personal loan, and not be parties to any pending legal matters, either civil or criminal. Another need is that the user's bank account must regularly receive their monthly salary.sAt Dakshmoney, we're dedicated to making sure that our users fulfil the requirements for a satisfying financial experience by providing a safe and transparent lending process.
Greetings and welcome to Dakshmoney's easy-to-use registration process, which is intended to provide a flawless experience for all of our esteemed users. We're here to help you every step of the way, whether you decide to register or just browse our website as a guest.Most elements of our website are accessible to guests, however some areas are only available to registered members. Any eligible person who wants to register or has already registered needs to fill out the necessary information to create an account.As part of our extensive registration process, users consent to and permit us to do several verifications and checks upon submitting a registration application. Among them are:
Users who have registered must make sure that all of the information they have provided on the website is true, current, and comprehensive. We reserve the right to suspend or permanently cancel the user account if any information provided is deemed to be intentionally incorrect, outdated, or insufficient. Consequently, we maintain the right to reject any usage, present or future.
Users may be asked for certain personal information to enable these checks and verifications. Users give the website explicit permission to access, gather, and keep their data. Our privacy policies control how this information is handled, guaranteeing the highest level of security and confidentiality for our users. This includes how data is stored, collected, used, retained, and disclosed.
We are happy to notify you that there is no cost associated with registering on our website, so users can explore the platform without having to pay anything upfront. Furthermore, there are no processing fees when applying for a personal loan from Dakshmoney, giving our users an open and affordable borrowing experience. With Dakshmoney, where user pleasure and transparency are our main goals, feel free to start your financial adventure.
Greetings from Dakshmoney, a place where we respect openness and responsible platform usage. To begin the process of obtaining a personal loan, please visit www.Dakshmoney.com and log in to your account.
Selection of Lender's Profile:The website offers a wide variety of borrower profiles, giving lenders the freedom to select one or more of these profiles according to their lending requirements and preferences.
Prompt commitment to the first loan offer:Why Lenders guarantee an expeditious and effective lending process by agreeing to offer the first loan within the first thirty days of their registration date on the Dakshmoney platform.
The fund transfer is completed without deductions, guaranteeing that borrowers receive the intended loan amount in full.
The Registered Lender may start a fund transfer equal to the desired loan amount upon choosing a borrower.
This formal agreement acts as a legally binding document, guaranteeing clarity and adherence to terms that have been mutually agreed upon.
It is an essential part of the lending process, outlining the terms and conditions between the borrower and lender.
Straight Transfer to Account of Borrower: The personal loan amount is automatically transferred to the borrower's selected bank account upon agreement fulfilment.This simplified procedure improves ease and efficiency for all parties engaged in the loan transaction. To the mutual advantage of lenders and borrowers, we at Dakshmoney place a high priority on a clear, quick, and safe loan procedure.
By indicating their loan requirements and completing the online application process, borrowers can apply for a personal loan.
In order to ensure a seamless financing experience, the application procedure requires supplying extensive details.
In order to ensure smooth payback transactions, borrowers must provide the necessary bank account information during the registration process.
This guarantees a safe and effective repayment procedure.
When borrowers post a loan demand, they agree to supply any further data needed to ensure the loan is processed successfully.
By doing this, the lending procedure is guaranteed to be thorough and customized to meet the unique requirements of the borrower.
By providing the required information to any accredited Credit Information Bureau in India, borrowers permit our staff to verify their credit rating.
Determining the borrower's creditworthiness and enabling well-informed lending decisions depend on this phase.
Borrowers have to consent to accepting the loan amount that the lender has authorized.
By ensuring mutual agreement on the loan terms and the amount granted, this stage promotes lending process transparency.
At Dakshmoney, we work hard to provide borrowers with fair and transparent conditions, as well as a safe and convenient online experience for those looking for personal loans.
All money collected from the borrower, regardless of whether it is credited to the lender's www.Dakshmoney.com account or comes with penalties or delays.
By doing this, a clear and comprehensive record of all loan-related financial activities is ensured.
By logging into their registered www.Dakshmoney.com account, lenders can easily monitor and track all received funds, including additional costs.
By giving lenders access to real-time financial status information, this feature promotes openness and well-informed lending decisions.
Repayments are smoothly transferred to the lender's account on www.Dakshmoney.com.
The balance shows all EMIs received in real-time, making it simple for lenders to stay informed about their financial operations.
The borrower's account on www.Dakshmoney.com may not show the EMI receipt for up to three days, even though the lender's account shows received EMIs in real-time.
By adhering to industry standards and ensuring accurate and dependable record-keeping, this helps borrowers have a seamless repayment experience.
The start date of Equated Monthly Installments (EMIs) is the date on which the loan is disbursed.
After five days from the date of investment or on the day of loan distribution, whichever comes first, lenders begin to receive interest payments.
There are no prepayment penalties for borrowers who choose to pay in advance.
Borrowers can effectively manage their financial responsibilities thanks to this flexibility.
Borrowers must send a letter to the specified email address to alert the company of any missed repayments.
Upon receiving such emails, one can take several actions, such as providing an explanation of the costs for the delay, notifying the lender of the delay, flagging the borrower's account as in default, and notifying the Credit Information Bureau of the payment default.
Borrowers are categorized as 'default' if they miss three consecutive repayments.
Confirmation of the borrower's death or any specific situation preventing further repayment may also result in the borrower being tagged under the 'default' category.
Send an email with a formal request to cancel your Dakshmoney account and repay the whole amount owed.
Should a borrower give fraudulent information or break any of the terms of usage, Dakshmoney has the right to cancel the loan account registry.
Dakshmoney maintains the right to close the loan account in the case of the borrower's passing.
If Dakshmoney discovers evidence of the borrower's involvement in fraudulent activity, it may terminate the loan account.
Dakshmoney reserves the right to cancel a loan account for any actions that damage the website's reputation or conflict with its goals.
Periodically, we will send service announcements to the registered email address and mobile number.
For registered users on our website, these notifications are an essential component of our service and cannot be disabled
Once you join www.Dakshmoney.com, you will be given the option to accept or reject the company's sporadic updates.
We will respect your choice to receive or not receive these updates by your express consent.
is damaging, harassing, blasphemous, defamatory, pornographic, vulgar, or invading of someone's private.
impersonates any organization or individual while mistakenly assuming the affiliation of a user.
puts India's security, sovereignty, unity, and integrity at risk in any way.
It is required of users at Dakshmoney to follow these content usage standards in order to maintain a courteous and safe online environment for all users.
The website's proprietors retain all intellectual property rights (IPR).
It is highly forbidden to copy any intellectual property, under any circumstances.
Users are expected to respect and uphold Dakshmoney's intellectual property rights, which we appreciate and preserve.
We strictly comply with RBI guidelines and have instituted a robust Grievance Redressal Cell to address all types of complaints. Our approach to lending is responsible; we offer loans that you can easily repay and ensure our recovery practices are ethical.
We do not use any forceful or coercive recovery methods. If you have any concerns, we will handle them with utmost seriousness and resolve them within five working days.