Company: Finclaap Finance is a registered Company.
Customer: Any individual or entity availing financial services from the Company.
Third-Party Lender: Any bank or NBFC with whom we collaborate to facilitate higher-value loans.
2. Services Offered
2.1 Livelihood Promotion Initiatives:
Microloans to small farmers, artisans, women entrepreneurs, or self-help groups (SHGs)
Skill development-linked credit support
Seed funding for rural startups or microenterprises
2.2 Educational and Vocational Support:
Loans or scholarships for rural youth pursuing education or vocational training
2.3 Health & Sanitation Projects:
Support for building toilets, clean water systems, or community health infrastructure
2.4 Community Infrastructure Development:
Financing community-owned assets like irrigation systems, solar panels, etc.
3. Purpose
Supporting self-help groups (SHGs)
Promoting rural livelihoods
Assisting low-income entrepreneurs
Advancing education or healthcare access
4. Eligibility
You must be at least 18 years old to use our services
You must provide accurate and complete information for loan processing
Approval of loans is solely at the discretion of the respective bank
5. Fees and Charges
Our services may be subject to a processing fee, which will be communicated upfront
Any fees charged by banks or third parties are separate from our service charges
Important Notice: Finclaap does not have control over the final loan approval decision made by banks. We facilitate the process but cannot guarantee success.
6. Confidentiality and Data Privacy
We collect and use your personal and financial information strictly for loan processing purposes
Your data may be shared with banks and relevant financial institutions as necessary
We adhere to applicable data protection laws and regulations
7. Limitation of Liability
Finclaap shall not be liable for any losses, damages, or financial hardships arising from loan rejections, delays, or unfavorable terms provided by banks
We are not responsible for any misrepresentation of information provided by the user
8. Compliance with Laws
Users must comply with all applicable banking and financial regulations while applying for loans.
9. Termination of Services
We reserve the right to terminate our services at any time if a user is found to provide false information or engage in fraudulent activities.
10. Amendments to Terms
Finclaap reserves the right to modify these terms at any time. Users will be notified of any significant changes.