Digital Lending Guidelines
Detailed disclosures regarding FundRupee's adherence to the RBI's comprehensive Digital Lending Guidelines (DLG).
DLG Navigation
Direct Bank-to-Bank Disbursements
In full compliance with RBI DLG rules, all loan disbursements and repayments are carried out directly between the bank accounts of the borrower and the regulated lending bank/NBFC. FundRupee does not handle, route, or hold loan funds at any step of the process.
Fee Disclosures & KFS
Any fee or charge payable to credit matching advisers (LSPs) is paid directly by the partner banks/NBFCs and not by the borrower. FundRupee displays the Key Fact Statement (KFS) containing the Annual Percentage Rate (APR) to the user before they submit their final application to the partner bank.
Data Usage & Consent Bounds
No personal data is collected or shared without explicit, click-wrapped consent from the user. FundRupee does not request access to your mobile phone’s local media storage, gallery, files, or contact list.
Cooling-Off Period
Borrowers are provided a cooling-off/look-up period (determined by the lender, typically at least 3 days) during which they can exit the loan agreement by repaying the principal amount and proportionate APR charges without any pre-payment penalties.