Refund Policy

1. Introduction

At Zapploans, operated by Tycoon Credit and Portfolios Limited (&quotwe&quot, &quotus&quot, or &quotour&quot), we prioritize transparency, integrity, and customer satisfaction. This Refund Policy outlines our practices and conditions related to refunds for payments made via our platform in connection with the financial services we facilitate. Please read this policy carefully before making any payments through the Zapploans platform.

2. Nature of Services

Zapploans is a technology-driven platform that enables users to apply for and manage financial services, including loan applications, through partnerships with regulated financial institutions such as banks and NBFCs. We facilitate service delivery, processing, and user support, but do not directly disburse or collect loans.

3. Applicability

This Refund Policy applies to any service charges, fees, or payments made by users to Zapploans or to any financial services facilitated through the platform. This includes application fees, technology usage charges, convenience fees, or third-party verification service charges paid via Zapploans.

4. Non-Refundable Fees

Unless otherwise specified, the following payments are non-refundable:

• Loan application processing charges, once the application is submitted.
• Technology usage or convenience fees incurred for using the Zapploans platform.
• Third-party KYC/verification costs once services are rendered.
• Service charges paid to partner institutions, unless those partners specify otherwise.

5. Exceptions to Non-Refundability

Refunds may be considered under exceptional circumstances, including:

• Duplicate payments due to a technical error or platform malfunction.
• Transaction failures where the amount was debited but service was not rendered.
• Unauthorised transactions due to platform error (not including cases of user negligence).

All refund requests must be submitted with proof of payment and valid reasoning. Each request will be reviewed on a case-by-case basis, and a decision will be communicated to the user within 10 working days.

6. Refund Request Procedure

To initiate a refund request, please email us at info@tycooncredit.in with the following details:

• Full name and registered mobile number/email ID.
• Date and time of transaction.
• Payment reference number.
• Reason for refund.
• Supporting documents or screenshots (if applicable).

7. Processing of Approved Refunds

Approved refunds will be processed to the original mode of payment within 7-10 business days. In cases where the original payment method is no longer valid or active, alternate arrangements may be made with the consent of the user.

8. No Refund for Loan Repayments

Loan repayments made to lending partners through the Zapploans platform are governed by the terms of the respective loan agreement. Zapploans is not responsible for refunding EMIs or interest once paid. Any such concerns must be addressed directly to the respective lender.

9. Contact Information

For queries related to this Refund Policy or to track the status of a refund request, please contact:

Tycoon Credit and Portfolios Limited
Ground Floor, A-32, Block-B, Mohan Cooperative Industrial Estate,
Badarpur (South Delhi), South Delhi, New Delhi, Delhi, India, 110044
Email: info@tycooncredit.in
Contact: +919310039776

10. Policy Amendments

Zapploans reserves the right to revise this Refund Policy from time to time to reflect changes in regulatory requirements, platform functionality, or user feedback. Updated versions will be published on our Platform with the effective date clearly mentioned.