Terms and Condition

1. Corporate Information

This website and the financial services provided through it are owned and operated by DOMINIC SAVIO MICROFINANCE PRIVATE LIMITED (hereinafter referred to as "Sainik Micro Finance", "Company", "We", "Our", or "Us"). The company is incorporated under the Companies Act, 2013 with CIN: U64920PB2025PTC066036. Registered Office: H No 945, New Model Town, Baba Hundal Road, Jandiala Guru, Amritsar, Punjab – 143115, India.

2. Acceptance of Terms

By accessing or using the Sainik Micro Finance website and its services, you agree to comply with and be legally bound by these Terms and Conditions. If you do not agree with any part of these terms, you should not use our services or submit a loan application.

3. Eligibility

• Applicants must be at least 18 years of age.
• Applicants must be Indian residents.
• Applicants must possess valid identification documents such as Aadhaar, PAN, and a bank account.
• Loan approval is subject to internal credit verification and eligibility criteria.

4. Our Service Contract

• Listing of loan schemes on this website is only an invitation to apply.
• Submitting a loan application through the portal constitutes your request to avail financial services.
• An application confirmation only acknowledges receipt of the request.
• The financial contract is considered complete only when a formal Sanction Letter is issued.
• The Company reserves the right to reject any loan application after credit assessment.
• Loans are intended primarily for livelihood and income-generating activities.

5. Loan Disbursal Policy

• We currently provide microfinance services across selected rural and semi-urban areas of Punjab.
• Loan applications are generally processed within 1–3 business days.
• Loan disbursal is typically completed within 24–48 hours after successful verification.
• Funds are transferred directly to the borrower's verified bank account.
• Processing timelines may vary due to bank holidays or technical verification delays.

6. Interest Rates & Charges

Interest rates, processing fees, service charges, and other applicable fees may vary depending on the loan scheme and borrower profile. All applicable charges will be clearly disclosed in the official loan sanction document before loan disbursement.

7. KYC & Verification

All borrowers must complete mandatory Know Your Customer (KYC) verification as required under Indian financial regulations. This may include verification of Aadhaar, PAN card, bank details, and other supporting documentation. Failure to complete KYC verification may result in rejection of the loan application.

8. User Responsibilities

• Applicants must provide accurate and truthful information.
• Submission of false documents or misleading information may result in application rejection.
• Borrowers are responsible for timely repayment of loan installments (EMIs).
• Failure to repay loans may impact credit history and may lead to legal recovery procedures.

9. Member Rewards Program

Members may earn loyalty points for responsible financial behavior such as timely EMI repayment and maintaining a positive repayment history.

10. Data Privacy

We respect your privacy and handle personal information in accordance with our Privacy Policy. Personal data collected during loan processing may be used for verification, credit evaluation, and regulatory compliance purposes.

11. Limitation of Liability

Sainik Micro Finance shall not be responsible for any indirect, incidental, or consequential losses resulting from the use of this website or financial services. Our liability is limited to correcting service-related errors or refunding applicable processing fees where required.

12. Website Usage Restrictions

• Users must not misuse the website for fraudulent or illegal activities.
• Users must not attempt to hack, damage, or disrupt the website.
• Unauthorized use of website content is strictly prohibited.

13. Modification of Terms

The Company reserves the right to modify or update these Terms and Conditions at any time. Any updates will be published on this page and will become effective immediately upon posting.

14. Governing Law & Jurisdiction

These Terms and Conditions shall be governed by the laws of India. Any disputes arising from the use of this website or financial services shall be subject to the exclusive jurisdiction of the courts located in Amritsar, Punjab.

15. Contact Information

For any queries regarding these Terms and Conditions, you may contact us at: Sainik Micro Finance
H No 945, New Model Town, Baba Hundal Road, Jandiala Guru,
Amritsar, Punjab – 143115
Phone: +91 9780009318
Email: pao@sainik.loan