Last updated: 22 August 2026
Overview
This policy explains how SimplyLoan.in handles cancellations and refunds relating to loan enquiries and applications submitted through this website.
No Fee for Submitting an Enquiry
SimplyLoan.in does not charge any fee to a customer for submitting an initial loan requirement or enquiry through this website. Our facilitation services in this respect are free of charge to the applicant.
Withdrawing Your Application
You may withdraw your loan requirement or application at any stage before final disbursal by informing our team through phone, email or WhatsApp. Once withdrawn, we will stop further processing of your enquiry with the lender.
Fees Charged Directly by a Lender
Certain lenders may levy their own processing fees, documentation charges or other costs once your application is with them. Any such fee is governed entirely by the respective lender's own refund and cancellation policy, and SimplyLoan.in is not responsible for refunding fees charged directly by a lender.
After Loan Disbursal
Once a loan is sanctioned and disbursed by a lender, any cancellation, foreclosure or prepayment is subject to that lender's specific loan agreement and applicable charges, which you should review at the time of accepting the loan offer.
Questions About This Policy
For any questions regarding cancellation of your enquiry, reach us at support@simplyloan.in or +91 8401602087.