Terms of Service
About Karzero
Karzero Pvt Ltd ("Karzero") operates a Lending Service Provider (LSP) marketplace under RBI Digital Lending Guidelines (2022 + updates). We do not issue loans; partner banks and NBFCs do.
Your loan agreement
Your loan agreement is between you and the chosen lender. Karzero facilitates KYC, matching, and tracking — we are not a party to the loan.
Charges
Karzero charges you nothing. Lender pays Karzero a commission; out of that, Karzero pays processing fee, insurance, GST, documentation, and credit report fees on your behalf. The amount Karzero pays for each charge is shown openly in your dashboard.
Default and recovery
If you default, the lender (not Karzero) initiates recovery as per their loan agreement and applicable RBI rules. Karzero does not pay default-related charges (bounce fee, late fee, etc.). Always pay your EMI on time.
Limitation of liability
Karzero is not liable for lender decisions (rejection, rate, terms). We make no guarantees on disbursal timeline beyond best-effort. Karzero may decline service if anti-fraud checks fail.