Famy Finance Private Limited strongly recommends that all borrowers read, understand and familiarize themselves with our cancellation & refund policy prior to using any services of Famy Finance Private Limited. No overseas payment can be made through wire transfer or any other means to our bank account.
In the event of cancellation of services due to any avoidable/unavoidable reasons we must be notified of the same in writing at info@famyfinance.in. Cancellation requests should be placed within 24 hours of agreement. Cancellation charges will be effective from the date we receive advice in writing, and cancellation charges would be as mentioned in the Loan Agreement.
Any refunds, if applicable within the purview of our refund policy, will be processed over a period of 2-4 weeks due to Indian banking procedures. The refund policy is subject to change by Famy Finance Private Limited. The changes will apply after due legal diligence. Suitable announcements will be made on the website and legally-compliant notice period will be given before any changes come into force. If borrowers do not wish to accept the revised policy, borrowers should not continue to use the services and inform us about the same on info@famyfinance.in. If borrowers continue to use the services after the date on which the change comes into effect, borrowers’ use of the services indicates your agreement to be bound by the new refund policy.
Please note that there may be certain instructions to remit payments or seek rendition of services that Famy Finance Private Limited is unable to accept shall be canceled. We reserve the right, at our sole discretion, to refuse or cancel any order for any reason. We may also require additional verifications or information before accepting any instruction or registering you on the portal as a borrower. The borrower(s) are required to note that negative third party verification report(s) are crucial factors considered during the funding process. The funding may get rejected at any stage due to lack of information or verifiable information.