KONSALA SUPER TECHNOLOGY PRIVATE LIMITED, a company duly incorporated with its registered office located at 704, 7th Floor Palm Court, Mehrauli, Sector 16, Industrial Estate (Gurgaon), Industrial Estate, Gurgaon-122007, Haryana, (referred to as "App," which includes all future versions of the application). The Company operates this App in connection with the loan services provided by JAGTARNI FINANCE AND INVESTMENT PRIVATE LIMITED, a Non-Banking Financial Company (NBFC), which grants loans to Customers through the Platform.
The Company offers the App for download and use on mobile devices for end-users, subject to the Terms of Service (“Terms”).
Additionally, the Company operates a website at https://www.konsala.com (“Website”) primarily for marketing, advertising, and informational purposes.
These Terms constitute a legally binding agreement between you and the Company upon downloading the App. By downloading and installing the App, you confirm that you have read, understood, and agreed to these Terms. Along with the Privacy Policy (defined within these Terms), this agreement outlines your rights, responsibilities, and remedies regarding the use of the App.
Before using our Services, we strongly encourage you to carefully review and understand these Terms. If you do not agree to the Terms, you should refrain from downloading the App.
By accepting these Terms, you affirm that you are at least 18 years old, or if under 18, you possess the necessary legal parental or guardian consent. You further confirm that you are fully competent and able to agree to and comply with the obligations, affirmations, representations, and warranties outlined in these Terms.
Note that the headings of clauses are for convenience only and should not be used to interpret the content of the respective sections. Please ensure that you read these Terms thoroughly.
"Company" or "we" refers to KONSALA SUPER TECHNOLOGY PRIVATE LIMITED, a company incorporated under the Companies Act, 2013, with its registered office located at 704, 7th Floor Palm Court, Mehrauli, Sector 16, Industrial Estate (Gurgaon), Industrial Estate, Gurgaon- 122007, Haryana.
"Users" or "you" refers to any individual who accesses, downloads, uses, or views the Platform and its Services.
"LENDER" refers to a non-banking financial company (NBFC) or a bank with which the Company has partnered for loan disbursement. The Lender will sanction, process, and provide the Loan to the Customer(s) via the Platform.
"Lender" specifically refers to JAGTARNI FINANCE AND INVESTMENT PRIVATE LIMITED, a non-banking financial company (NBFC) responsible for granting loans to the Customer(s) through the Platform.
"Application" or "App" refers to Konsala Cash, the mobile application developed by the Company to provide the Services.
"Loan" refers to the loan that you may apply for via the Platform, which is sanctioned and provided by the Lender, subject to the terms and conditions of the Loan Agreement.
"Platform" refers to the combined services provided by the App and the Website.
"User Data" refers to any data, information, documents, or materials submitted to the Company before or during your use of the Services.
"Website" refers to https://www.konsala.com, which is operated and managed by the Company to provide the Services.
Be at least 18 years old.
Be a resident of India.
Possess valid KYC documents (such as PAN and Aadhaar).
Agree to provide accurate and complete information for identity and credit assessment.
You can conveniently apply for personal loans through our app, which provides a seamless and user-friendly experience for all your financial needs. To begin the process, you’ll need to complete a simple digital KYC (Know Your Customer) verification, which helps us verify your identity and ensure the security of your transactions. Additionally, our app will assess your credit profile to determine your eligibility for a loan, ensuring that you receive a loan amount suited to your needs and creditworthiness.
Once your application is submitted, the loan will be disbursed by our trusted lending partner, JAGTARNI FINANCE AND INVESTMENT PRIVATE LIMITED, a registered Non-Banking Financial Company (NBFC) that has been authorized to grant loans. This partnership allows us to offer you access to fast, reliable, and secure loan services, ensuring that you get the financial support you need in a timely manner.
As a technology platform, we act as a facilitator, bridging the gap between you and the lending partner. Our role is to ensure a smooth, efficient, and transparent loan application process. We work tirelessly to offer you a seamless experience by providing a secure and easy-to-use interface on the app, ensuring that your loan application is processed quickly and without hassle. Whether you are looking to cover an unexpected expense or need additional funds for personal use, we are here to assist you every step of the way.
Furthermore, we prioritize your privacy and data security throughout the entire process, ensuring that all your personal and financial information remains confidential and is handled with the utmost care. Our goal is to make the loan application process as easy and transparent as possible, helping you meet your financial goals with confidence and ease.
Loan Terms (For Reference)
Loan Amount: ₹2,000 to ₹70,000
Loan Duration: 120 to 180 days
Daily Interest Rate: From 0.06% per day
Processing Fees: 4%
Documentation Charges: 1%
GST: 18% (on processing fees + documentation charges)
Maximum APR: 21.9%
Representative Example of Loan Costs
Loan Amount: ₹20,000
Loan Duration: 180 days
Daily Interest Rate: 0.06%
1. Total Interest:
0.06% × ₹20,000 × 180 = ₹2,160
2. Processing Fees (4%): ₹800
3. Documentation Charges (1%): ₹200
4. GST (18% of ₹1,000): ₹180
5. Total Deductions: ₹800 + ₹200 + ₹180 = ₹1,180
6. Net Disbursed Amount: ₹20,000 - ₹1,180 = ₹18,820
7. Total Repayable Amount: ₹20,000 + ₹2,160 = ₹22,160
When using the App, you agree to use it solely for lawful personal financial purposes, in accordance with applicable laws and regulations. You must ensure that all information provided, including but not limited to personal, financial, and identification details, is true, accurate, and complete. This includes, but is not limited to, the information provided during the digital KYC process, loan application, and any other forms of communication or documentation submitted through the platform.
You are required to repay any loans granted to you in accordance with the schedule outlined in the Loan Agreement. Failure to do so may result in late fees, penalties, or other consequences as detailed in the Loan Agreement. It is your responsibility to stay informed about your repayment obligations and to make timely payments as agreed.
You must maintain the confidentiality and security of your login credentials, such as your username, password, and any other access details. You are fully responsible for all activities that occur under your account, regardless of whether such activities are authorized by you or not. If you suspect any unauthorized access to your account or any breach of security, it is your responsibility to promptly notify the Company and take appropriate measures to protect your account.
By using the App, you acknowledge and agree that you are solely responsible for all actions taken under your account and for ensuring that your use of the App and the Platform complies with these Terms and applicable laws. Any misuse of the platform or violation of these Terms may result in the suspension or termination of your account, and may expose you to legal consequences.
Collect and process personal data and documents as per our Privacy Policy.
Access device permissions (camera, SMS, location, etc.) solely for credit assessment and KYC verification.
Share your data with our lending partner, service providers, and regulatory authorities when required by law.
You can revoke permissions at any time, but doing so may limit functionality or access to services.
You consent to receive notifications, SMS, calls, or emails related to your account, loan status, repayment reminders, or promotional offers.
You may opt-out of non-essential marketing communications at any time.
All applicable fees (processing, documentation, GST) are transparently disclosed before loan approval. No hidden or advance charges are collected.
We strive to ensure uninterrupted access but do not guarantee continuous or error-free operation. We may suspend or discontinue services for maintenance, upgrades, or unforeseen issues.
We reserve the right to suspend or terminate your account if:
False or misleading information is provided.
You violate these Terms or applicable laws.
Fraudulent, abusive, or suspicious activity is detected.
We may update these Terms from time to time. Updated versions will be posted in the App, and your continued use of the service after such changes constitutes acceptance of the revised Terms.
These Terms are governed by the laws of India. Any disputes shall be subject to the exclusive jurisdiction of the courts located in Gurgaon, Haryana.
For support or queries related to these Terms, please contact:
Email: help@konsala.com