Loan Facilitation Disclosure

1. We are not a lender

RennovEN Technologies Private Limited is not a bank, non-banking financial company (NBFC) or housing finance company, and is not registered with the Reserve Bank of India or the National Housing Bank as a lender. We do not lend money, accept deposits, guarantee loan approval or decide interest rates.

2. Role of the lender

All credit decisions — eligibility, sanction, loan amount, interest rate, fees, tenure, security and disbursement — are made solely by the lender under its own policies and applicable regulations. Your loan agreement is directly between you and the lender.

3. What we do

• Prepare itemised construction or renovation estimates and project documents.
• Help you understand and organise documents commonly requested by lenders.
• With your explicit consent, introduce you to one or more partner lenders.
• Align project milestones with the lender’s disbursement schedule.

4. Fees and commissions

We may receive a referral or facilitation fee from a lender when a loan is disbursed. Any fee payable by you to us will be disclosed in writing before you proceed. Fees charged by the lender are set out in its Key Fact Statement (KFS) and sanction letter.

5. Your data

We share your personal and financial information with a lender only after you give explicit consent for that lender and purpose. You can withdraw consent before your information is shared. See our Privacy Policy.

6. Before you accept a loan

• Read the lender’s Key Fact Statement, sanction letter and loan agreement carefully.
• Check the annual percentage rate (APR), all fees and charges, and prepayment terms.
• Borrow only what you can comfortably repay; missed repayments affect your credit score.
• Verify that the lender is a regulated entity.

7. Partner lenders

Names of the regulated lenders we work with will be listed here as partnerships are formalised. Where we act as a lending service provider for a regulated lender, we follow the obligations that apply to us under RBI directions.

8. Complaints

For complaints about our facilitation service, contact our Grievance Officer at ping@rennoven.com. For complaints about a loan, contact the lender’s grievance officer; if unresolved, you may approach the RBI Integrated Ombudsman as applicable.