Terms and Conditions-LendingTech

This document is a Digital Lending Terms and Conditions template designed to establish comprehensive legal framework for fintech platforms facilitating loan services in partnership with regulated financial institutions.

Key Features:

• Clear facilitation model explicitly defining non-lender status while enabling loan application processing, data transmission, and account management services

• Comprehensive eligibility framework covering age, citizenship, income verification, KYC compliance, and credit assessment requirements

• Detailed loan lifecycle management from application submission through disbursement, repayment, and default handling procedures

• Advanced borrower obligations including fund utilization restrictions, cross-default provisions, and compliance with lending partner terms

• Account Aggregator integration with NBFC-AA licensing framework, consent management, and data sharing protocols under RBI guidelines

• Enhanced user conduct provisions covering content submissions, platform usage restrictions, and comprehensive moderation rights

• Strong liability protection with AS-IS disclaimers, limitation of damages, indemnification clauses, and regulatory compliance accommodations

• Robust payment infrastructure supporting multiple methods with automated collection mechanisms and mandate management

• 22 comprehensive sections covering services, eligibility, repayment obligations, account aggregation, and termination procedures

Ideal for: Fintech companies providing loan facilitation services, digital lending platforms partnering with NBFCs/banks, account aggregator ecosystem participants, and technology companies requiring comprehensive legal protection for financial services facilitation.

Key Differentiator: Unlike standard fintech terms, this template specifically addresses complex lending facilitation relationships with detailed borrower obligations, account aggregator integration, and regulatory compliance frameworks while maintaining clear separation between platform and lending responsibilities under Indian financial regulations.

TABLE OF CONTENTS

• Overview

• Services

• Eligibility
  …

• Governing Law and Jurisdiction

• Contact Information

Disclaimer: This agreement does not constitute legal advice or legal services of any kind. This is merely a first draft provided for your ease. Please consult a lawyer before you finalise the draft.