FAQs

Frequently Asked Questions

Yes, delays in business loan repayment may attract penal charges. At LendingKart, this includes a penalty of ₹300 per overdue instalment along with 0.1% per day on the overdue EMI, as clearly outlined in the loan agreement shared with you.

You can easily monitor EMIs, repayment schedules, and statements through our online dashboard, making business loan repayment management seamless.

In case of a duplicate NACH payment, contact us immediately, and we will assist with resolution or refund.

We notify you via SMS or email once your NACH payment setup is successfully completed.

Yes, bank details can be updated by submitting a new NACH mandate through our support team.

If a NACH payment fails, you may be notified to make the payment manually, and late charges may apply.

A NACH mandate typically gets activated within a few working days after successful bank verification.

We use advanced encryption, secure servers, and regulated access controls to protect customer data.

Yes, applying with us is completely secure and designed to ensure online business loan safety.

Absolutely. Sensitive data is encrypted and stored securely in compliance with our LendingKart privacy policy.

Raise a Request