Last Updated: January 2025
Important: By registering with The Credit Circle and by using The Credit Circle's services (referred to collectively as "Services"), you understand and agree that The Credit Circle will treat your use of the Services as acceptance of these terms and conditions ("Terms") from that point onwards.
You understand and acknowledge that "The Credit Circle" and domain name www.thecreditcircle.in have been assigned to Capex Credit Circle Private Limited through an assignment agreement. Capex Credit Circle Private Limited owns and operates an online technology platform for the purpose of providing a platform for persons to register for obtaining loans from financial institutions in India.
Registered Address: The Credit Circle (CAPEX CREDIT CIRCLE PRIVATE LIMITED), Regd. Office situated at B4/174A, Lawrence Road, Keshav Puram, Delhi - 110035 IN.
You acknowledge and agree that The Credit Circle owns all legal rights, titles and interests in and to the Services, including any intellectual property rights which subsist in the Services (whether those rights are registered or not, and wherever in the world those rights exist).
You understand that you do not have the right to use any of The Credit Circle's trade names, trademarks, service marks, logos, domain names, and other distinctive brand features. You do not have the right to remove, obscure, or alter any proprietary rights notices (including trademark and copyright notices), which may be affixed to or contained within the Services. You will not copy or transmit any of the Services.
You further acknowledge that the Services may contain information which is designated confidential by The Credit Circle and that you shall not disclose such information without The Credit Circle's prior written consent. You will not copy, create a derivative work from, modify, reverse engineer, reverse assemble or otherwise attempt to discover any source code, sell, assign, sublicense, grant a security interest in or otherwise transfer any right in the Services.
You agree not to use the website for any purpose that is unlawful, illegal or forbidden by these Terms, or any local laws that might apply to you. The Credit Circle may, at its sole discretion, at any time and without advance notice or liability, suspend, terminate or restrict your access to all or any component of the website or the availability of the website itself.
1.You hereby declare that you are over 18 years of age, of sound mind and a person resident in India as defined under Foreign Exchange Management Act, 1999.
2.You hereby declare that you are a human being and not a "bot".
You hereby confirm to register with us to avail a loan/credit from one or more lending partners using the services provided by The Credit Circle.
You hereby understand and acknowledge that the information requested from you is used for various purposes as set out in our Privacy Policy, including for the purposes of us/our partners complying with various laws, regulations and guidelines (including Know Your Customer (KYC) norms / Anti-Money Laundering (AML) standards / Combating of Financing of Terrorism (CFT) / Obligation of banks under the Prevention of Money Laundering Act, 2002) promulgated by the Government of India from time to time.
You confirm that all information given to The Credit Circle (whether in The Credit Circle's online form or otherwise) is true, correct and not misleading. You agree to provide any additional documents to The Credit Circle or any of its partners as may be required from time to time.
You hereby understand that every time you wish to make a payment using The Credit Circle's DLTA OS EMI Facility, you will be provided with online loan terms and conditions. Upon clicking 'I Accept' you and your successors/heirs/executors will be bound by the terms of the loan in relation to the credit facility.
You understand and agree that The Credit Circle may charge you a non-refundable administrative fee or a technology usage fee for facilitating the loan to be availed by you and you agree to pay the same. You must understand that this fee may not be refundable to you even if the loan is cancelled for any reason whatsoever.
You hereby understand that when you apply for a loan, The Credit Circle, on behalf of one or more lending partners, may check your records, amongst other things, with its own records, and any information as available to The Credit Circle through any of its sources, including those at credit information companies (CICs); those at fraud prevention agencies (FPAs) for assessing your credit worthiness, verifying identity to prevent and detect crime and money laundering.
You also agree that if you avail any loans through The Credit Circle, you will not (i) use the proceeds thereof for any purpose other than as declared to The Credit Circle or our lending partners, (ii) accept or attempt to receive the credit facility in the form of cash or any other means, (iii) use the Services in violation of applicable law or (iv) circumvent or attempt to circumvent the provisions of any terms that apply to you or act in a manner that is fraudulent, malicious or otherwise prejudicial to The Credit Circle's reputation direct or indirect interests in relation to the Services.
Your lender also has the right, and obligation, to report your details to CICs in the event that you have delayed repaying your loan instalment.
You acknowledge that The Credit Circle does not lend any money directly to you, but arranges the loan for you from one or more lending partners.
The Credit Circle Credit Limit provided to you is our assessment of your eligibility based on various factors including policies of our lending partners, the market influences and our previous experiences.
You acknowledge that interest rates may vary across different lenders, borrowers and loans. To understand the approach that may be followed by your lender in determining the interest rate, please visit the website of our lending partners.
Accepting these Terms, implies your express consent to be contacted by us, representatives, affiliates, or anyone calling on our behalf at any contact number, or physical or electronic address provided by you while registering your account with The Credit Circle. You further agree to us contacting you in any manner, including without limitation, emails, SMS messages, WhatsApp, calls using pre-recorded messages or artificial voice, and notifications sent via our mobile application. You also acknowledge that you understand the English language and are most comfortable receiving communications in the English language.
In our endeavour to effectively deliver the Services, we take your explicit consent to access your emails (registered with us) for the specific purpose of reading emails relevant to the Services, including bank statements, to access your records in connection with your loan application. To the extent required for provision of the Services, any password-protected document will be accessed via automated means, by utilizing information provided by you to automatically generate passwords in order to safely access such documents. It is further clarified that the consent sought from you shall be used solely in connection with the loan application facilitated through us and such information shall not be shared with any third party, save and except an RBI ("Reserve Bank of India") registered financial institution which may require the aforementioned information for processing the loan application as well as the compliance of applicable law.
You hereby acknowledge, understand and consent to the terms contained in The Credit Circle's Privacy Policy which you have duly read and fully understood. You acknowledge, agree and give consent to The Credit Circle that The Credit Circle and its officers, employees, service providers and agents may use, store, process, disclose, transfer (whether within or outside India) and/or exchange your information (including personal data) in accordance our Privacy Policy.
You hereby authorise and permit The Credit Circle to disclose, from time to time, any information on or relating to you to any of its subsidiaries or affiliates or to any governmental authority, statutory authority, judicial authority or credit bureaus, associated partners, lenders, whether in India or any other jurisdiction, or Reserve Bank of India or third party or The Credit Circle's consultants, advisors or service providers as provided in The Credit Circle's Privacy Policy, without requirement for any further consent from you.
You are responsible for maintaining the secrecy of your passwords, login and account information. You will be responsible for all use of The Credit Circle's website or application either by yourself or by anyone using your password and login information (with or without your permission). You will only use the website to search for and to apply for loans and will not use the website to make any fraudulent applications.
You acknowledge that our lending partners reserve the right to reject your application for any facility without assigning any reasons whatsoever without any intimation to you.
You understand that We/our lending partners may retrieve/procure/download your KYC data/details from the Central KYC registry for the purposes of verifying/establishing the data/details/identity and you hereby allow us/them to do so.
By registering with The Credit Circle, you consent to the use of your information as outlined in our Privacy Policy as available on its website.
Important Notice: All content and services provided on the website are provided on an "as is" and "as available" basis.
The Credit Circle expressly disclaims all warranties of any kind, whether express or implied, including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose, title, non-infringement, and security and accuracy, as well as all warranties arising by usage of trade, course of dealing, or course of performance.
The Credit Circle makes no warranty, and expressly disclaims any obligation, that:
The Credit Circle (including its officers, directors, employees, representatives, affiliates, and providers) will not be responsible or liable for (a) any injury, death, loss, claim, act of god, accident, delay, or any direct, special, exemplary, punitive, indirect, incidental or consequential damages of any kind (including without limitation lost profits or lost savings), whether based in contract, tort, strict liability or otherwise, that arise out of or is in any way connected with (i) any failure or delay (including without limitation the use of or inability to use any component of the website), or (ii) any use of the website or content, or (iii) the performance or non-performance by The Credit Circle or any provider or (b) any damages to or viruses that may infect your computer equipment or other property as the result of your access to the website or your downloading of any content from the website.
While we strive to be accurate in our assessment of your eligible credit limit, you must acknowledge that the final decisions regarding the loan/credit being provided to you is taken by our lending partner. You agree to not hold The Credit Circle liable if any lending partner does not make credit available to you.
You will not assign or otherwise transfer your rights or obligations under these Terms. The Credit Circle may assign its rights and duties under these Terms without any such assignment being considered a change to the Terms and without any notice to you.
The laws of India, without regard to its conflict of laws rules, will govern these Terms. In case of any legal action courts located in Bangalore, India will have jurisdiction over such matters. In any proceedings initiated by or against us, The Credit Circle will be entitled to recover all legal expenses incurred in connection with the legal action, including but not limited to costs, both taxable and non-taxable, and attorney fees.
Registered Office
The Credit Circle (Capex Credit Circle Private Limited)
B4/174A, Lawrence Road, Keshav Puram
Delhi – 110035, India
You acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions. If you do not agree to these Terms, please do not use our Services.
CAPEX CREDIT CIRCLE PRIVATE LIMITED
Registered Address: B4/174A, Lawrence Road, Keshav Puram, Delhi - 110035
Copyright © 2025 The Credit Circle "Your Network For Smart Financing"
Powered by Capex Credit Circle Private Limited