Features And Benefits

Dear Customer,
Some instant loan apps have been in the limelight recently for alleged irregularities, both with regards to lending conditions and recovery practices. It is reported in a section of the media that they are lending money through unauthorised lending platforms with foreign ties. They are also reportedly using coercive and high handed recovery methods by wrongfully using data on the mobile phones of borrowers.

In the current environment, we would like to state that these cases relate to unauthorised/ unverified apps and that we at UrgentCash take strong measures to not follow such practices.

All the loans on our platform are by an approved Non-Banking Finance Company registered with the Reserve Bank of India. We not only strictly follow RBI guidelines in letter and spirit but also self regulate ourselves in order to truly practice ethical lending and recovery:

1. We lend only that amount which our algorithms determine is within a customer's capacity to repay
2. We strictly follow an ETHICAL RECOVERY process wherein we DO NOT resort to any high-handed means. On the contrary we work with our customers to ensure that they are able to pay back.
3. We DO NOT access your contacts/or any other data on our app and hence there is no question misusing any of your data. If at all we ever request access to your data, we clearly explain the need and ask for your permission before proceeding further.
4. None of our customers have ever complained against any of the above practices.

On the contrary, our endeavour is always to provide loans to those who need funds to overcome a difficult situation, thereby solving a major concern in these economically challenging times.

In this regard, we are starting a new customer service email info@capitaltrade.in. Although we give the utmost importance to an ethical code of conduct, in case you find any such adverse/ offensive activities by any of our employee or associates, please report them at info@capitaltrade.in or (+91) 7042353322

We will continue to strive to keep this service ethical and within regulatory parameters at all times. We look forward to being your trusted partner in terms of need.

Regards,
Team CapitalTrade