Terms of Use

1. About the Platform

Save&Borrow is a financial technology platform that facilitates digital access to fixed deposits, auto loans, and home loans offered by regulated public sector banks in India. Save&Borrow is not a banking company under the Banking Regulation Act, 1949 and does not accept deposits or lend money directly.

2. Products & Indicative Interest Rates

All interest rates, loan tenures, loan-to-value ratios, and processing fees displayed on the website or promotional materials are indicative and subject to change based on RBI guidelines, market conditions, and partner bank policies.

Final interest rates, sanction amounts, and approval conditions are determined solely by the partner bank following credit verification, KYC, and underwriting checks.

3. Partner Bank Terms & Deposit Insurance

Fixed deposits booked via the Save&Borrow interface are held directly with the selected partner bank and insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC) up to ₹5,00,000 per depositor in accordance with RBI regulations.

4. Legal Title Search Service

The ₹999 Legal Title Search is conducted through independent panel advocates associated with our partner banks. The upfront fee of ₹999 is fully refundable and will be credited back to your designated account upon successful disbursal of your home loan through the partner bank.

5. Limitation of Liability

Save&Borrow shall not be liable for loan rejection, delay in bank processing, or changes in bank terms outside our direct operational control. Users agree that submission of an application does not constitute a legal guarantee of loan sanction.

6. Governing Law & Inquiries

These terms are governed by the laws of the Republic of India. For questions or concerns regarding our terms of use, please reach out to us at hello@savenborrow.com.