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Term & Condition

Welcome to www.suvidhaacredit.com This website is owned by Suvidhaa Credit, India. Visitors to this website are bound by the following terms and conditions. For the purposes of these terms and conditions, "this website" refers to www.suvidhaacredit.com which may links to other websites.

Other Suvidhaa Credit websites may contain terms and conditions that are different from these terms and conditions. On your journey around the Suvidhaa Credit websites please check the terms and conditions of each website, and do not assume that these terms and conditions apply to all Suvidhaa Credit websites.


This website may include links to external websites. When you follow such links the external website may appear as a full screen (in which case you will need to use the back button on your browser to return to this website). These links are provided in order to help you find relevant websites, services and/or products which may be of interest to you and accessible quickly and easily. It is your responsibility to decide whether any services and/or products available through any of these websites are suitable for your purposes. Suvidhaa Credit are not responsible for the owners or operators of these websites or for any goods or services they supply or for the content of their websites and does not give or enter into any conditions, warranties or other terms or representations in relation to any of these or accept any liability in relation to any of these (including any liability arising out of any claim that the content of any external website to which this website includes a link infringes the intellectual property rights of any third party).

All information or advice provided as part of this website is intended to be general in nature and you should not rely on it in connection with the making of any decision. Suvidhaa Credit will try to ensure that all information provided as part of this website is correct at the time of inclusion on the website but does not guarantee the accuracy of such information. Suvidhaa Credit are not liable for any action you may take as a result of relying on such information or advice or for any loss or damage suffered by you as a result of you taking this action.

Terms & Conditions

This website contains material including text, photographs and other images and sound, which are protected by copyright and/or other intellectual property rights. All copyright and other intellectual property rights in this material are either owned by Suvidhaa Credit or have been licensed to them by the owner(s) of those rights so that it can use this material as part of this website.
This website also contains certain trade marks which belong to Suvidhaa Credit or have been licensed to it by the owner(s) of those trade marks for use on this website.

You may :

Access any part of the website;

Print off one copy of any or all of the pages for your own personal reference.

You may not :

Copy (whether by printing off onto paper, storing on disk, downloading or in any other way), distribute (including distributing copies), broadcast, alter or tamper with in any way or otherwise use any material contained in the website except as set out under "You may". These restrictions apply in relation to all or part of the material on the website;

Remove any copyright, trade mark or other intellectual property notices contained in the original material from any material copied or printed off from the website;

Link to this website;
... without our express written consent.

If you wish to provide a hypertext or other link to this website, please contact the website administrator with details of:

  • Link to this website;
  • The URL(s) of the web page(s) from which you are proposing to link to this website
  • The URL(s) of the web page(s) on this website to which you are proposing to link ... and we will consider your request. We have the sole discretion to accept or reject such requests.

Changes In Terms & Conditions

Suvidhaa Credit may change the format and content of this website at any time.
Suvidhaa Credit may suspend the operation of this website for support or maintenance work, in order to update the content or for any other reason. Suvidhaa Credit reserve the right to terminate access to this website at any time and without notice.

Data Protection

Personal details provided to Suvidhaa Credit through this website will only be used in accordance with our Privacy Policy. Please read this carefully before going on. By providing your personal details to us you are consenting to its use in accordance with our Privacy Policy.


If you have a question or complaint about this website, please mail to info@suvidhaacredit.com

Regulation of Rate of Interest

  • The Company’s Board shall adopt an interest rate model considering assorted factors such as the cost of funds, risk premium, margin, etc., the determine the interest rates for its different loan products and advances.
  • The Company has also drafted a separate “Interest Rate Policy” to lay down the principles and guidelines for determining its interest rates and other charges.
  • The Company shall also disclose to its borrower in the application form, the rate of interest and approach for gradations of risk and rationale for charging different rate of interest to different categories of borrowers. The same shall also be communicated explicitly to the borrower in the Loan Sanction Letter.
  • Information regarding the rate of interest and the approach for risk gradation, or any changes thereof shall also be made available on the Company’s website or published in the relevant newspapers.
  • The rate of interest shall be annualised rate as a measure to inform the borrower about the exact rates applicable to their borrower account.

Data Protection

The company’s borrowings and all its loans to clients shall be on Fixed Rates. SUVIDHAA CREDIT FINANCE PRIVATE LIMITED being a diversified NBFC is engaged in the business of lending money through various products to cater the needs of different customer segments. The primary target audience for the Company’s offerings include:

  • Proprietor
  • Partnership Firm
  • Micro Businesses
  • MSMEs
  • Entrepreneurs

The base interest rate shall be calculated by the Company after taking into account, factors such as cost of funds, margin, risk premium, other costs such as administrative expenses and profit margin. The Company shall also review this base interest rate periodically.

Further, the Company shall determine the interest rate applicable to each loan account based on different yardsticks such as tenure of the loan, borrower’s profile, borrower’s repayment capacity, past repayment track record of the borrower, etc.


The interest rate applicable to different loan products of the Company shall be determined by taking the following aspects into consideration:

  • Tenure and Terms of the Loan: The interest rate shall depend on the duration for each a loan has been extended to a borrower (viz. monthly, quarterly and yearly repayment) as well as the different terms of repayment laid down in the Loan Agreement.
  • Internal and External Costs of Funds: The rate of interest charged shall also depend upon the rate at which the funds are sourced to extend the loan facilities to customers, commonly known as the internal cost of funds.
  • Internal Cost of Operations: The interest rate will also depend upon the Company’s costs of conducting its business. This cost of doing business/operations includes manpower cost, infrastructure cost and other administrative costs. Most of these costs are fixed costs and are committed on the basis of budgeted volume of operations.
  • Credit Risk: Factors such as the complexity of a loan transaction, size of the loan and other factors that affect the costs associated with a particular loan account shall be taken into account before informing the final interest rate to a borrower.
  • Profit Margin: The profit margin is fixed on the basis of the return expected by the shareholders and the risks involved. The profit margin shall be reasonable to attract fresh capital to sustain growth and be benchmarked with comparable companies. A reasonable level of gearing shall be maintained while arriving at the shareholder return. Most nationalised Banks and private sector banks in the country have a steady state of Return on Equity of around 20%. Hence the company also targets a RoE of about 20%.
  • Prevailing Market Practices: The Asset Liability Management Committee (ALCO) may also recommend rate of interest based on the fluctuations in market trends, interest rates levied by other existing NBFCs for similar loan products or services, etc.


Besides interest, the Company will levy additional financial charges suchas loan processing fees, cheque bounce charges, ECS failure charges, penal interest charges, pre-payment/foreclosure charges, late payment fees, etc., wherever considered necessary.