This page is the single public section required of a regulated entity that originates loans through a digital lending application. Matsya Fincap Private Limited is the lender. This website is not a marketplace.
- Regulated entity / lender
- Matsya Fincap Private Limited
- CoR / CIN
- B-10.00243 dated 19 January 2017 · U65993RJ2015PTC048754
- Classification
- NBFC — Investment and Credit Company (ICC), Base Layer
- Digital Lending Application (DLA)
- This website (www.matsyafincap.com) is the Digital Lending Application of Matsya Fincap Private Limited. There is no separate mobile app and no marketplace.
- Lending Service Provider (LSP)
- None. The Company does not presently engage a Lending Service Provider for sourcing, underwriting, servicing or recovery of loans originated on this website. If an LSP is appointed, its name and role will be published here before it processes any borrower data.
- Digital lending product on this website
- Loan against property (mortgage) — ₹10 lakh to ₹5 crore, 24–60 months, 24% p.a. fixed, processing 1% plus GST if applicable. Personal and business loans shown on this site are indicative only and not originated as digital products until the Board so notifies.
- Disbursal
- Only to the borrower’s own bank account (or a documented takeover). No pool account, no LSP account.
- KFS
- RBI circular on Key Facts Statement (KFS) for Loans and Advances dated 15 April 2024
- Cooling-off
- To exit during the 3 working-day cooling-off after sanction, email support@matsyafincap.com (copy grievance@matsyafincap.com) quoting the sanction / KFS / application reference. Principal actually disbursed, if any, plus interest at the APR for the days used, is payable. No penalty is levied for a cooling-off exit. An application may be withdrawn before sanction by the same email.
- Interest start
- Interest is charged only from the date the loan amount is actually credited to the borrower’s bank account (or to a documented takeover beneficiary). Interest is not charged from the sanction date if funds have not moved.
- Penal charges
- Nil at present. See Penal charges policy. Never levied as additional interest.
- CKYCR
- KYC records are searched / uploaded on CKYCR (CERSAI) with consent. Full Aadhaar is not stored on this website.
- CERSAI (charge)
- Mortgage security interest is filed with CERSAI after creation of charge. Distinct from CKYCR.
- Credit information
- Enquiries and loan performance are reported to CIBIL, Experian, Equifax and CRIF High Mark under CICRA, 2005, with consent.
- Recovery
- Recovery is in-house. If an external recovery agent is assigned on a defaulted account, the borrower will be informed of the agent’s name, address and contact number by SMS or email before the first contact. No recovery calls or visits between 8:00 PM and 8:00 AM, or on days of mourning or major festivals.
- Data
- Personal data collected for digital lending is stored in India. The website does not seek access to phone contacts, photos, or unused files.
- Customer care
- support@matsyafincap.com · 011-40197147 · Monday–Saturday, 10:00 AM – 6:00 PM IST
- Grievance Redressal Officer
- Anil Kumar Agarwal, Grievance Redressal Officer & Director · grievance@matsyafincap.com · 011-40197147 · TAT: One month from receipt of a complete complaint
The company is having a valid Certificate of Registration dated 19/01/2017 (CoR No. B-10.00243) issued by the Reserve Bank of India under Section 45-IA of the Reserve Bank of India Act, 1934. However, the RBI does not accept any responsibility or guarantee about the present position as to the financial soundness of the company or for the correctness of any of the statements or representations made or opinions expressed by the company and for repayment of deposits / discharge of liabilities by the company.