Lending policy
Who the lender is, how money moves, and what must be disclosed before you sign.
Who lends
CreditThirty is a brand of MD Finlabs Private Limited and operates the platform as a Lending Service Provider. Every loan is sanctioned and disbursed by Salora Capital Limited, an RBI-registered NBFC (CIN U72900MH1999PLC122849), named in your Key Fact Statement and agreement. Salora Capital Limited is the lender of record; MD Finlabs Private Limited does not lend on its own account and no loan funds are routed through its accounts.
Disclosure before acceptance
A Key Fact Statement is generated for every offer and must be presented, in full, before acceptance. It states the amount, all applicable charges and taxes, the total repayable, the repayment date, the cooling-off right and the grievance contact.
বিতরণ
Funds are credited only to a bank account in the applicant's own name, verified during KYC. No cash, no third-party accounts, no intermediaries, no agents handling money.
কুলিং-অফ
You may exit within three days of disbursal at zero penalty, repaying the principal plus only the interest proportionate to the days used.
Responsible lending limits
We do not lend to applicants who fail affordability assessment, do not roll over a loan into a new loan to avoid a default, and do not solicit a fresh loan before an existing one is closed.
Who is my loan actually with?
Salora Capital Limited, an RBI-registered NBFC (CIN U72900MH1999PLC122849). It sanctions and disburses the loan, holds it on its books and is answerable to you for it. CreditThirty is the Lending Service Provider and is not the lender.
Can I change my mind after taking the loan?
Yes. Within the cooling-off window of three days from disbursal you repay the principal plus interest for the days you actually used, and the processing fee and GST are refunded pro rata. After that, prepayment in full is still free on any day before your due date.