Nagpur: Nagpur 10:00 AM - 7:00 PM
contact@trustilyloan.in +91 89565 46728
1. ABOUT TRUSTILY LOAN

Trustily Loan operates as an ONDC Buyer Application within the Open Network for Digital Commerce ecosystem to facilitate buyer-side journeys for financial products.

The platform enables users to discover, access, compare, and apply for financial products made available through participating regulated financial institutions.

Important Clarification:

Trustily Loan is not a bank, NBFC, lender, recovery agent, or underwriting institution. We do not independently issue credit products.

2. ONDC PARTICIPATION

Trustily Loan participates within the ecosystem as a Buyer Network Participant (BNP). ONDC is an open digital network enabling interoperability.

Our Role on ONDC:

  • Facilitates financial product discovery
  • Provides buyer-side digital interface
  • Enables application journey initiation
  • Displays product info via network integration
3. LENDING DISCLAIMER

All loan products, financial services, underwriting decisions, and approvals are solely managed by regulated financial institutions participating on the ONDC Network.

Trustily Loan does NOT:

  • Provide loans directly
  • Approve or reject applications
  • Perform underwriting assessments
  • Disburse funds or collect repayments

Financial Warning:

Users are advised to independently review all applicable loan terms, APR, schedules, and processing fees before proceeding.

4. INSTITUTION RESPONSIBILITY

The respective regulated financial institution remains solely responsible for:

  • Loan approval and underwriting
  • KYC verification and compliance
  • Interest rate determination
  • Disbursement of funds
  • Repayment schedules & recovery
  • Regulatory compliance (RBI guidelines)
5. PRODUCT DISCLOSURES

Financial product details displayed within the application may vary depending on network responses, lender participation, and user eligibility.

Entity Type: Displayed dynamically (Bank, RBI Regulated NBFC, or Regulated Financial Institution).

Rates & Fees: Interest Rates, APR, and Processing Charges are displayed dynamically during the application flow by the respective lender.

Repayment: Tenure and penalty charges are entirely applicable as per the specific lender's policy.

6. DATA PRIVACY

Users are encouraged to borrow responsibly and carefully evaluate financial obligations (affordability, APR, fees) before accepting any loan product.

Data Usage: Trustily Loan may process user-provided information for facilitating application journeys and network communication.

Certain information may be securely shared with participating regulated financial institutions solely for processing financial applications in accordance with our Privacy Policy.

7. LIABILITY LIMITATIONS

Trustily Loan operates strictly as a digital ONDC Buyer Application platform. We do not position ourselves as a direct lender or recovery service.

No Guarantee: We do not guarantee approval of any financial product. Submitting an application does not constitute guaranteed approval.

Limitation: We shall not be held liable for lender-side financial decisions, loan rejections, repayment disputes, or third-party service interruptions.

8. GRIEVANCE & SUPPORT

For platform-related support, users may contact Trustily Loan. Lending-related disputes require direct communication with the respective regulated financial institution.

Email: support@trustilyloan.in

Website: www.trustilyloan.in

Platform: ONDC Buyer Application

9. ACKNOWLEDGEMENT

Trustily Loan is committed to maintaining transparency, regulatory alignment, and disclosure standards within the ONDC ecosystem.

Acceptance: By continuing to use the application, users acknowledge and understand the operational role of Trustily Loan as an ONDC Buyer Application facilitating access to network financial products.