Terms & Conditions

Welcome to LoanPayBima. By accessing our website and using our services, you agree to the following terms and conditions. Please read them carefully before proceeding.

1. Platform Nature

LoanPayBima is a digital platform operated by SNK Financial Consultancy, which acts as an aggregator for insurance and loan services offered by third-party insurers, NBFCs, and financial institutions.

2. User Agreement

By using our website or submitting any form, you consent to share your information with our partner companies for the purpose of processing your insurance or loan application.
You must be 18 years of age or older to use our services.
All the information provided by the user must be accurate and complete.

3. Insurance Policy Issuance

LoanPayBima does not directly issue insurance policies. All policy issuance is handled by the respective insurance provider. You are responsible for reviewing all terms, coverage details, and disclosures before making a purchase.

4. EMI & Loan Facility

Loan options shown on our platform are provided by third-party NBFCs based on their eligibility criteria.
LoanPayBima does not guarantee loan approval or disbursal. Final approval rests solely with the financial institution.
We do not charge users for form filling or quote generation. However, processing fees may be charged by third-party lenders or insurers.

5. Use of Website

You agree not to misuse the website in any way that may disrupt its functionality or security.
All intellectual property on the website (content, logo, layout) is owned by LoanPayBima and may not be copied or reused without permission.

6. Limitation of Liability

LoanPayBima is not liable for any delays, denials, or disputes arising between you and any insurer or lender. We act solely as a facilitator and information provider.

7. Modifications

We reserve the right to update or change these Terms and Conditions at any time. Any such changes will be effective immediately upon posting on our website.

8. Governing Law

These Terms and Conditions are governed by the laws of India. Any disputes arising from the use of this platform shall fall under the jurisdiction of courts located in Maharashtra.

9. Contact Us

If you have any questions regarding these Terms, feel free to contact us:

Email: support@loanpaybima.in
Phone: 9325280889 / 7020956108
Office: Raathi Complex, Shop No. 13, Murtizapur, Akola, Maharashtra, India – 444107

Last Updated: June 2025