Terms & Conditions

These Terms & Conditions govern your use of the Monelend website and services. By accessing or using this website, you agree to comply with these terms.

1. Loan Information

Monelend provides indicative loan calculations only. Final loan approval, interest rates, tenure, and repayment terms are subject to verification and applicable regulations.

2. Interest Rates

The advertised interest rate of 1.5% monthly is indicative and may vary based on eligibility, loan type, and tenure. Annualized rates may differ.

3. Eligibility

Loan eligibility is determined based on user-provided information and internal assessment criteria. Submission of an application does not guarantee loan approval.

4. Fees & Charges

Processing fees, late payment penalties, and applicable taxes may apply as disclosed during the application process.

5. User Responsibility

Users are responsible for providing accurate and complete information. Monelend is not liable for incorrect data submitted by users.

6. Limitation of Liability

Monelend shall not be liable for any direct or indirect losses arising from the use of this website or reliance on loan calculations.

7. Changes to Terms

Monelend reserves the right to modify these Terms & Conditions at any time without prior notice.

Last updated: January 2025