Loan Disclosure & Terms
Transparent loan details, charges, and policies as required by regulatory guidelines.
⚠️ Important: Interest rates, fees, and loan terms vary by lender. Approval is subject to eligibility. Final terms are decided solely by the partner bank/NBFC.
Key Compliance Disclosures
- Interest rates vary by lender: Rates range from 10% – 28% p.a. and are determined by partner banks/NBFCs based on your credit profile, income, and loan product.
- Processing fees may apply: Fees up to 3% of loan amount (+ GST) may be charged by lenders. EzyLoan does not charge any upfront fees from borrowers.
- Approval is subject to eligibility: Loan approval depends on age, income, credit score, employment history, documentation, and lender underwriting policy.
- Final terms are decided by the lender: All loan amounts, interest rates, tenure, fees, and conditions are solely determined by the partner bank/NBFC disbursing the loan.
Key Loan Information
- Interest Rate: 10% – 28% p.a.* (varies by lender & applicant profile)
- Loan Tenure: 12 – 60 months (subject to lender policy)
- Processing Fee: Up to 3% of loan amount + GST* (charged by lender, not EzyLoan)
- Prepayment Charges: As per lender policy (may apply after lock-in period)
- Late Payment Penalty: As per lender policy (typically 2-3% per month on overdue amount)
- Loan Type: Unsecured personal loans / Secured loans (property, vehicle)
*All rates, fees, and terms are indicative. Actual offers depend on credit assessment, income verification, and lender underwriting.
Representative EMI Example (Illustrative Only)
Loan Amount: ₹1,00,000
Interest Rate: 14% p.a. (reducing balance)*
Tenure: 36 months
Processing Fee: ₹3,000 (3% + GST)*
Approx. Monthly EMI: ₹3,420*
Total Interest Payable: ₹23,120*
Total Repayment Amount: ₹1,23,120* (Principal + Interest)
* This is a representative example for illustration purposes only. Actual EMI, interest, fees, and repayment amount may vary based on credit profile, lender policy, loan product, and applicable charges. This example does not constitute an offer or guarantee of loan approval.
About EzyLoan
EzyLoan (Dibyansh Associates) is a loan facilitation service provider (Direct Selling Agent / DSA) and not a direct lender, bank, or NBFC. We connect borrowers with our partner banks and NBFCs to help them find suitable loan products.
- We do not provide loans directly to borrowers.
- We do not charge any hidden fees or upfront payments from borrowers for loan processing.
- We do not guarantee loan approval – all decisions are made solely by partner lenders.
- All loans are disbursed directly by partner banks/NBFCs into the borrower's verified bank account.
General Eligibility Criteria*
- Age: 21 – 60 years (salaried), 21 – 65 years (self-employed) at loan maturity
- Minimum Monthly Income: ₹15,000+ (varies by lender & city)
- Credit Score: 650+ preferred (not mandatory; affects rate & approval)
- Employment: Minimum 1 year total work experience, 6 months with current employer
- Documentation: KYC (PAN, Aadhaar), Income Proof (salary slips/ITR), Bank Statements (3-6 months), Address Proof
*Final eligibility, loan amount, and terms depend on comprehensive assessment of income, credit history, repayment capacity, existing obligations, employment stability, and lender-specific underwriting policies. Criteria vary by lender and loan product.
Important Disclosures
- Loan approval is not guaranteed: All applications are subject to lender's credit assessment, documentation verification, and internal underwriting policy.
- Variable terms: Interest rates, tenure, processing fees, prepayment charges, and other terms vary by lender, loan product, applicant profile, and market conditions.
- No upfront fees: EzyLoan does not charge any fees from borrowers before loan disbursement. Beware of fraudsters asking for advance payments.
- Direct disbursement: All approved loans are disbursed directly by partner banks/NBFCs into the borrower's verified bank account – never to third parties.
- Read before signing: Borrowers are strongly advised to carefully read and understand all terms, conditions, fees, and repayment obligations before accepting any loan offer.
- Data privacy: By submitting an application, you consent to sharing your details with partner lenders for assessment. See our Privacy Policy.
⚠️ Risk Disclaimer: Borrow Responsibly
Loans create a legal financial obligation. Before availing any loan, please ensure you have adequate and stable repayment capacity. Missing EMIs may:
- Negatively impact your CIBIL/credit score
- Attract late payment penalties and increased interest
- Lead to recovery proceedings as per applicable laws
- Affect your ability to obtain credit in the future
Please borrow only what you need and can comfortably repay. If you're facing financial difficulty, contact your lender immediately to explore restructuring options.
Contact & Grievance Redressal
Customer Support Email: care@ezyloan.co.in
Phone / WhatsApp: +91 6372977626
Office Address: 1st Floor, Hindustan Tyres Building, Pir Bazar, Bhanpur, Cuttack, Odisha – 753011
Business Hours: Monday – Saturday, 10:00 AM – 7:00 PM IST
Grievance Redressal: If you have a complaint, please email care@ezyloan.co.in with subject "Grievance – [Your Name/Application ID]". We aim to resolve all grievances within 24-48 business hours.
Regulatory Information
- EzyLoan (Dibyansh Associates) operates as a Direct Selling Agent (DSA) for partner banks/NBFCs.
- We are not an RBI-registered NBFC. All lending activities are performed by our regulated partner institutions.
- Partner lenders are regulated by the Reserve Bank of India (RBI) and/or other applicable financial authorities.
- For complaints against partner lenders, you may contact the RBI Ombudsman: https://cms.rbi.org.in