Terms & Conditions

These Terms & Conditions govern your use of this website, operated by BMW FIN-INVEST PRIVATE LIMITED, a Non-Banking Financial Company registered with the Reserve Bank of India. By accessing this website, you agree to be bound by these Terms. If you do not agree, please do not use this website.

This website is informational only. It describes BMW FIN-INVEST PRIVATE LIMITED as an RBI-registered NBFC and its digital lending partners, ZapCash, and provides a general overview of the loan categories offered. No loan application, disbursal, or repayment can be carried out on this website. Loan origination and servicing take place exclusively on the platform of the relevant lending partner: www.zapcash.in.

Content on this website is provided for general information and does not constitute financial, investment, or legal advice. You should not rely on this website when making a borrowing decision; refer to your loan agreement and the relevant lending partner's platform for terms specific to your loan.

All content on this website, including text, graphics, and the BMW FIN-INVEST PRIVATE LIMITED logo, is owned by or licensed to BMW FIN-INVEST PRIVATE LIMITED and is protected by applicable intellectual property law. You may not reproduce or distribute this content without our prior written permission.

This website links to third-party resources, including the ZapCash platforms and the Reserve Bank of India's Complaint Management System and Sachet Portal. We are not responsible for the content or practices of third-party websites, which are governed by their own terms.

We take reasonable care to keep the information on this website accurate and up to date, but we do not warrant that it is complete or error-free at all times. Where a specific figure or policy detail is not confirmed on this website, it is marked accordingly and you should verify current terms on the relevant lending partner's platform.

To the extent permitted by law, BMW FIN-INVEST PRIVATE LIMITED will not be liable for any indirect, incidental, or consequential loss arising from your use of, or inability to use, this website.

These Terms are governed by the laws of India. Courts at Kolkata, West Bengal shall have exclusive jurisdiction over any dispute arising out of or in connection with these Terms.

We may revise these Terms from time to time. Continued use of this website after changes are posted constitutes your acceptance of the revised Terms.

Welcome to BMW FIN-INVEST PRIVATE LIMITED ("BMW Fin-Invest"), which operates the ZapCash digital lending platform. Please read these Terms and Conditions carefully before accessing or using our loan products, digital platforms, or related services. By accessing, browsing, or using our services, you acknowledge that you have read, understood, and agreed to be bound by these Terms and Conditions and any applicable policies.

Unless the context otherwise requires, the following terms shall have the meanings assigned to them below:

• Agreement — Refers to these Terms and Conditions, including all annexures, schedules, addendums, amendments, and modifications made from time to time.
• Applicable Law — Means all laws, statutes, rules, regulations, notifications, guidelines, and directives applicable within the territory of India, including those prescribed under the General Clauses Act, 1897, and issued by relevant regulatory authorities.
• Application Form — Refers to the loan application submitted by the borrower, whether in physical or electronic form, along with all required information, declarations, and supporting documents.
• Bounce Charges — Means the charges or penalties levied in the event of dishonour, rejection, or failure of any payment instrument or electronic payment instruction issued by the borrower.
• Business Day — Refers to any day on which banks and financial institutions are open for business in Kolkata, West Bengal, excluding public holidays.
• Due Date — Means the date specified in the loan agreement on which repayment of instalments, interest, fees, charges, or any other amounts becomes payable by the borrower.

• The borrower agrees to borrow, and the lender agrees to lend, the sanctioned loan amount in accordance with the approved application and loan agreement.
• Disbursement may be made in one or more instalments as specified in the loan schedule.
• The lender may revise interest rates or loan terms in line with applicable laws, regulatory requirements, or internal policies.
• The borrower must ensure timely repayment through approved payment modes, including ECS, NACH, or authorized online transfers.
• Any delay or default may attract additional interest, bounce charges, or other applicable penalties.

• Interest is calculated on a daily reducing balance and compounded monthly, as specified in the loan agreement. Additional interest or penalties may apply in case of delayed or defaulted payments.
• All applicable fees and charges, including processing fees, prepayment charges, and service-related costs, are disclosed in the Schedule of Charges available on our website.
• The borrower agrees to indemnify the lender against reasonable legal, administrative, or recovery-related expenses incurred due to default, in accordance with applicable laws.

Failure to make any payment on or before the due date shall constitute an event of default.

• Upon default, the lender may initiate recovery actions in accordance with applicable laws, which may include legal proceedings or reporting to credit information bureaus.
• The occurrence of events such as the borrower's death, insolvency, or initiation of legal proceedings against the borrower shall also be treated as an event of default.
• All outstanding amounts shall continue to attract applicable penal interest and charges until full settlement of dues.

BMW FIN-INVEST PRIVATE LIMITED
Registered Office: 10th Floor, Poddar Point, Block-A, 113, Park Street, Kolkata – 700016
General Inquiries: support@bmwfininvest.com