1. Application Fees:

1.1 Application fees are non-refundable. This fee covers the cost of processing the loan application and is incurred regardless of the loan approval status.

2. Origination Fees:

2.1 Origination fees may be charged upon loan approval and disbursement. These fees are non-refundable once the loan proceeds have been disbursed to the borrower.

3. Prepayment Penalties:

3.1 If the borrower chooses to repay the loan before the scheduled repayment period, prepayment penalties may apply. These penalties are non-refundable.

4. Late Fees:

4.1 Late fees are applied when a borrower fails to make a payment on time. Late fees are non-refundable and are charged to compensate for the additional administrative costs associated with handling late payments.

5. Returned Payment Fees:

5.1 If a payment made by the borrower is returned or dishonored, a returned payment fee may be charged. This fee is non-refundable and is imposed to cover the costs associated with processing returned payments.

6. Refundable Circumstances:

6.1 Refunds may be considered in exceptional circumstances, such as overpayment or erroneous charges. Requests for refunds must be submitted in writing within 7 days of the transaction date.

7. Refund Processing:

7.1 Refund requests will be reviewed on a case-by-case basis.

8. Contact Information:

8.1 For refund inquiries or to submit a refund request, please contact NAVAPESA MICRO CARE FOUNDATION at +91 6202707345.

9. Governing Law:

9.1 This refund policy is subject to the laws and regulations.

10. Changes to Policy:

10.1 NAVAPESA MICRO CARE FOUNDATION reserves the right to modify this refund policy with prior notice to borrowers.