Last Updated: May 2, 2026
By accessing http://www.canfinservices.i.in and applying for any loan product, you agree to be bound by these Terms & Conditions. Please read them carefully.
1. Eligibility
1.1. Applicant must be an Indian citizen/resident, aged 21–65 years at loan maturity.
1.2. For business loans: The entity must be registered in India with minimum 2 years operational vintage, unless otherwise specified.
1.3. Eligibility is subject to credit bureau checks, income assessment, and internal credit policy of Mourya Finance Services (“the Company”).
1.4. The Company reserves the right to reject any application without assigning reasons.
2. Loan Application & Processing
2.1. Submission of an application does not constitute loan approval or commitment to lend.
2.2. All information/documents provided must be true, accurate, and complete. Misrepresentation will lead to immediate rejection and legal action.
2.3. A non-refundable/refundable processing fee and/or file verification charge may be levied as communicated. Refund terms, if applicable, will be stated in the fee intimation letter.
2.4. Verification includes credit appraisal, legal & technical due diligence, and field investigation. The Company may engage third-party agencies for this purpose.
3. Interest Rates, Fees & Charges
3.1. Interest Rate: Applicable rate will be fixed/floating as per the sanction letter. Rates are linked to Company’s internal benchmarks and RBI guidelines.
3.2. Processing Fee: Up to 3% of loan amount + applicable GST.
3.3. Other Charges: Legal, technical, valuation, stamp duty, documentation, prepayment/foreclosure charges, penal interest for delay, and cheque/NACH bounce charges shall apply as per the Schedule of Charges.
3.4. All charges are subject to change. Updated Schedule of Charges will be available on the website.
4. Disbursement
4.1. Disbursement is subject to execution of loan agreement, security creation, and compliance with all pre-disbursement conditions.
4.2. Loan may be disbursed in lump sum or tranches at the Company’s discretion.
4.3. The Company may withhold/cancel disbursement if any material adverse change occurs.
5. Repayment
5.1. Repayment shall be by EMI/PEMI through NACH/ECS/PDC as agreed.
5.2. EMI dates are fixed and delay will attract penal interest @ 2% per month on overdue amount.
5.3. Prepayment/Foreclosure is permitted subject to charges mentioned in the sanction letter and after minimum lock-in period, if any.
6. Security & Collateral
6.1. Loan may be secured/unsecured as per product. For secured loans, the borrower shall create charge/mortgage as required.
6.2. All costs for security perfection shall be borne by the borrower.
6.3. The Company has the right to take possession of collateral on default as per SARFAESI Act, 2002 and other applicable laws.
7. Borrower’s Covenants
7.1. Use loan only for purpose stated in application. Diversion of funds is prohibited.
7.2. Inform the Company of any change in address, contact, constitution, or material financial position within 7 days.
7.3. Submit annual financials, stock statements, and other reports as called for.
7.4. Not create further charge on secured assets without prior written consent.
8. Events of Default
8.1. Non-payment of EMI/interest, breach of covenants, insolvency, misrepresentation, or cross-default.
8.2. On default, the entire loan becomes immediately due. The Company may recall the loan, enforce security, and initiate legal recovery.
8.3. All legal and recovery costs will be recovered from the borrower.
9. Disclosure & Credit Information
9.1. The borrower authorizes the Company to disclose information to RBI, CIBIL, Experian, CRIF, Equifax, and other agencies.
9.2. The Company may share data with group companies, service providers, and collection agencies for loan servicing.
10. Confidentiality & Data Usage
10.1. Personal data is collected as per our Privacy Policy.
10.2. By applying, you consent to receive communication via SMS, email, WhatsApp, and calls for loan servicing and marketing, subject to DND.
11. Website Usage
11.1. Information on the website is for general guidance only and not an offer.
11.2. The Company does not guarantee uninterrupted access. Not liable for data loss due to technical issues.
11.3. Users shall not attempt to breach security, upload malware, or misuse content.
12. Limitation of Liability
12.1. The Company is not liable for indirect, consequential, or incidental losses.
12.2. Maximum liability is limited to processing fees paid, if any.
13. Grievance Redressal
13.1. Level 1: Email support@canfinservices.in
13.2. Level 2: Nodal Officer –
13.3. If unresolved within 30 days, approach RBI Ombudsman under RBI Integrated Ombudsman Scheme, 2021.[Name][Email][Address]
14. Governing Law & Jurisdiction
14.1. These T&C are governed by laws of India.
14.2. Courts in Gurugram, Haryana shall have exclusive jurisdiction.
15. Amendment
15.1. The Company reserves the right to modify these T&C anytime. Updated version will be posted on the website with effective date.
Disclaimer: Loans at sole discretion of M/S. Mourya Finance Services. RBI does not accept any responsibility for correctness of statements or representations made.