Risk Disclosure

This Risk Disclosure document is intended to inform customers about the risks associated with loans, financing, and financial commitments. Customers are advised to read and understand these risks before applying for any loan or financial product through Ever World Corporate Finance Pvt Ltd.

Loan Repayment Risk

When you take a loan, you are required to repay the loan amount along with interest through monthly EMI payments. Failure to repay EMIs on time may result in:

 ➤ Late payment charges

 ➤ Penalty charges

 ➤ Negative impact on credit score

 ➤ Legal action by lender

 ➤ Vehicle repossession (in case of car loan)

 ➤ Collection calls and recovery process

Customers should take loans only if they are confident about repayment.

Interest Rate Risk

Interest rates may be:

 ➤ Fixed interest rate

 ➤ Floating interest rate

In case of floating interest rate, EMI or tenure may increase or decrease depending on market interest rates and lender policies.

Customers should understand interest rate type before taking loan.

Credit Score Impact

Loan applications and loan repayment behavior affect your credit score.

 ➤ Late EMI payments reduce credit score

 ➤ Loan default seriously damages credit score

 ➤ Multiple loan applications may impact credit score

 ➤ Loan settlement instead of closure affects credit profile

Customers should maintain good repayment history.

Loan Approval Risk

Loan approval is not guaranteed and depends on:

 ➤ Income

 ➤ Credit score

 ➤ Repayment history

 ➤ Existing loans

 ➤ Employer/business stability

 ➤ Bank/NBFC policies

 ➤ Vehicle valuation

 ➤ Legal and technical verification

Customers should not make financial commitments assuming guaranteed loan approval.

Vehicle Repossession Risk

In case of car loans, if the borrower fails to repay EMIs, the lender may repossess the vehicle as per loan agreement terms.

Customers must read the loan agreement carefully before signing.

Financial Responsibility

Customers should consider:

 ➤ Monthly income

 ➤ Existing EMIs

 ➤ Household expenses

 ➤ Emergency funds

 ➤ Business expenses

 ➤ Job stability

before taking a loan.

Loans should be taken responsibly and within repayment capacity.

Third Party Risk

Ever World Corporate Finance Pvt Ltd works with banks and NBFCs. We are not responsible for:

 ➤ Loan rejection

 ➤ Interest rate changes

 ➤ Processing delays

 ➤ Loan agreement terms

 ➤ Lender charges

 ➤ Loan disbursement delays

Customers should review lender terms carefully.

Acceptance of Risk

By applying for loan through our services, customers acknowledge that they understand and accept the risks associated with loans and financing.