ROLE: LOAN PROVIDER · LPxxxxxx
Loan Provider Agreement
Effective: 01 July 2026 · Last updated: 11 August 2026
This Agreement is entered into between RBUY Marketing Private Limited (operating as ROOPAY SHOPPE™, "the Platform") and you ("the Loan Provider"). By activating a Loan Provider role (LP ID), you confirm that you have read, understood, and agree to be bound by all terms below.
1. Eligibility & Role
›This Agreement applies exclusively to individuals, NBFCs, or registered financial institutions holding the Loan Provider (LPxxxxxx) role on ROOPAY SHOPPE™.
›You must be at least 18 years of age, legally competent to enter a contract, and authorised under applicable Indian laws to issue loans or act as a financial intermediary.
›RBI-licensed NBFCs and registered money-lenders are welcome. ROOPAY SHOPPE™ does not itself issue loans — it provides the platform infrastructure only.
›Your Loan Provider role remains active for 365 days from activation and must be renewed annually.
2. KYC & Licensing Requirements
Full KYC verification is mandatory before you may publish loan products or disburse funds. Required documents:
LICENSEValid RBI lending licence, NBFC registration certificate, or applicable state money-lender licence.
GSTValid GST Registration Certificate (if turnover exceeds the GST threshold).
PANPermanent Account Number (PAN) — mandatory. No-PAN providers face 20% TDS.
BANKBank account number and IFSC for settlement — must be in the name of the registered lending entity.
BUSINESSCertificate of Incorporation or Partnership Deed (for entities).
All submitted documents are encrypted using AES-256 and stored on secure private cloud storage. Falsification of KYC documents is a criminal offence and will result in immediate account termination and reporting to authorities.
3. Loan Product Rules
›You may publish only loan products that comply with RBI interest rate caps and applicable lending regulations.
›Loan tenor, interest rate, processing fee, and EMI schedule must be accurately disclosed in your loan product listing. No hidden fees.
›You may not charge interest rates that exceed the RBI-prescribed ceiling for your category of lending licence.
›All loan disbursements and repayments are processed through the platform's secure escrow mechanism. Direct cash transfers outside the platform are prohibited.
›Penal interest for late EMI, if any, must be disclosed upfront and must not exceed regulatory limits.
4. Borrower Verification
›You must review all borrower KYC documents and credit assessments provided by the platform before approving a loan.
›You take full responsibility for the credit decision. ROOPAY SHOPPE™ provides borrower data in good faith but does not guarantee creditworthiness.
›You must not discriminate against borrowers on the basis of religion, caste, gender, or political affiliation.
›Harassment, abusive collection practices, or any conduct violating the RBI Fair Practices Code is strictly prohibited and will result in immediate role termination.
5. Platform Charges
›A 5% platform charge applies to all BV wallet transactions facilitated through the platform.
›The 5% split: 1% to your Business Wallet (both Available and Spendings), 1% to your assigned ME's wallet, 3% to the platform Admin Share Wallet.
›No platform charge is levied on direct loan disbursements or EMI repayments processed via the bank-transfer channel.
6. Withdrawal & Settlement
›Loan repayments collected by the platform are credited to your Loan Provider wallet after the EMI settlement cycle completes.
›Withdrawal from your LP wallet requires KYC verification and is subject to the platform's one-active-withdrawal-at-a-time rule: a new withdrawal request can only be submitted after the previous one is credited.
TDSTDS under Section 194O at 0.1% is deducted for LP annual earnings exceeding ₹5,00,000. No-PAN providers are subject to 5% TDS.
›Withdrawal processing time: 3–7 business days.
7. Prohibited Conduct
›Charging undisclosed or compound interest rates beyond regulatory limits.
›Contacting borrowers outside the platform's communication channels.
›Threatening, harassing, or publicly shaming borrowers for repayment.
›Listing fictitious or unavailable loan products.
›Using the platform to conduct any unlicensed money-lending activity.
8. Suspension & Termination
›The platform may immediately suspend or terminate your LP role for regulatory non-compliance, borrower harassment complaints, KYC fraud, or repeated violation of these terms.
›On termination, outstanding loan portfolios will be managed by the platform per applicable RBI guidelines until maturity or borrower settlement.
›Any funds held in your LP wallet at termination will be settled (minus applicable fees and taxes) within 30 business days, subject to regulatory clearance.
9. Governing Law & Disputes
›This Agreement is governed by the laws of India. All disputes arising under this Agreement shall be subject to the exclusive jurisdiction of courts at Virudhunagar, Tamil Nadu.
›Any regulatory complaint may be addressed to the Reserve Bank of India Ombudsman or the applicable state financial regulatory authority.
›ROOPAY SHOPPE™ is not a party to the loan agreement between you and the borrower. All loan agreements are bilateral contracts between the Loan Provider and the borrower.
10. Amendments
›RBUY Marketing Private Limited reserves the right to modify these terms at any time. Material changes will be notified via email and platform notification.
›Continued use of your LP role after notification of changes constitutes acceptance of the revised terms.
›These terms are in addition to, and do not supersede, applicable RBI regulations and Indian financial laws.
RBUY Marketing Private Limited
CIN: U51909TN2018PTC123874 · PAN: AAJCR0650F · GST: 33AAJCR0650F1ZP · TAN: MRIR02476F · UAN: TN32D0015605
2/716-8 VOC Nagar, Soolakkaraimedu, Tamil Nadu — 626003, India
[email protected] · 0091-9952411895 · www.roopayshoppe.com