Terms & Conditions

1. Acceptance of Terms

By accessing or using KrimKar (krimkar.com, apply.krim.ai, or the KrimKar mobile application), you agree to these Terms & Conditions. If you do not agree, do not use the platform.

2. Platform Description

KrimKar is a digital lending platform that facilitates personal loan applications between borrowers and RBI-registered NBFC lending partner(s). KrimKar Financial Services Pvt Ltd acts as a technology and distribution intermediary and is not itself a lender. All loans are originated, sanctioned, and disbursed by the lending NBFC partner(s).

3. Eligibility

To use KrimKar you must:

• Be an Indian resident aged 21–60 years
• Have a valid PAN card and Aadhaar number
• Have a regular source of income (salaried or self-employed)
• Have a valid Indian mobile number and bank account
• Not be a minor or legally incapacitated individual

4. Loan Products

Loan products displayed on KrimKar (amounts, rates, tenure) are indicative. Actual terms are determined by the lending NBFC based on your credit assessment. KrimKar does not guarantee loan approval or specific rates. Final loan agreement is between you and the lending NBFC.

5. KYC and Data Consent

You consent to KrimKar and its NBFC partner(s) performing KYC verification via Aadhaar OTP, DigiLocker, and credit bureau checks. You authorise the Account Aggregator-based sharing of your financial data for creditworthiness assessment. False or incomplete information may result in rejection and legal liability.

6. AI Assistant (Kira)

Kira is an AI-powered conversational assistant. Information provided by Kira is for guidance only and does not constitute financial advice, legal advice, or a loan offer. Indicative rates provided during the rate-check step are subject to change upon full credit assessment.

7. Fees and Charges

Processing fees (up to 2% of loan amount), applicable GST, and other charges are disclosed in the loan sanction letter and Key Fact Statement (KFS) before disbursement. You must review and accept the KFS before loan disbursal.

8. Repayment

EMIs are collected via NACH mandate from your registered bank account. Late payments attract penal interest as specified in the loan agreement. Non-payment may result in negative bureau reporting and legal recovery action.

9. Prohibited Uses

You must not use KrimKar to:

• Submit fraudulent applications or impersonate another person
• Use loan proceeds for speculative investments, illegal activities, or purposes prohibited by law
• Attempt to reverse-engineer, scrape, or disrupt the platform

10. Limitation of Liability

KrimKar Financial Services Pvt Ltd is not liable for losses arising from loan rejection, inaccurate third-party data (bureau scores, AA data), or decisions made by the lending NBFC. Our liability is limited to direct losses caused by our own negligence and shall not exceed the processing fee paid.

11. Governing Law

These Terms are governed by the laws of India. Disputes are subject to the exclusive jurisdiction of courts in India. For consumer disputes, the RBI Integrated Ombudsman Scheme applies as per applicable guidelines.

12. Amendments

We may update these Terms. Continued use after notice of changes constitutes acceptance. We will provide at least 7 days' notice of material changes via email or app notification.

13. Contact

Legal queries: legal@krimkar.com
General support: support@krimkar.com