1. Introduction

Welcome to Dial4Cash. By registering, accessing, or using our platform to pledge your device for a cash advance, you agree to be bound by these Terms & Conditions. Please read them carefully.

2. Eligibility

To use Dial4Cash, you must be at least 18 years old, a resident of India, and the absolute legal owner of the smartphone being pledged as collateral. You must possess a valid government-issued ID and an active bank account in your name.

3. Loan Process & Device Collateral

• Dial4Cash offers short-term credit against your mobile device.
• The loan amount is determined solely by our valuation team based on the model, age, storage, and physical condition of the device.
• Upon approval, a verified agent will physically inspect and collect the device from your registered address.
• Your device will be securely stored in our monitored facilities. We do not access your personal data. You are advised to lock your device with a passcode before handover.

4. Repayment & Interest

Loans are granted for flexible durations of 7, 15, or 30 days. The interest rate varies based on the selected duration (e.g., 15% for 7 days, 20% for 15 days, 25% for 30 days). Repayments must be made through our secure online Razorpay gateway before or on the due date.

5. Late Fees & Defaulting

• If the loan is not fully repaid by the agreed due date, a standard late fee penalty of ₹35 per day will be dynamically applied to your outstanding balance.
• Default Consequences: If a loan remains unpaid for more than 15 days past the due date without prior communication and approval from our team, Dial4Cash reserves the right to liquidate/sell the pledged device to recover the principal, interest, and accumulated late fees.
• Once a device is liquidated due to default, you relinquish all ownership rights, and the account is considered settled.

6. Token Verification Amount

We may require a small upfront token payment during the application phase to verify intent and bank details. This token amount is strictly adjusted against your final repayment due upon loan approval. If your loan is rejected during physical inspection through no fault of yours, this token will be refunded.

7. Dispute Resolution

Any disputes arising from these terms shall be subject to the exclusive jurisdiction of the courts located in our operational state. For any grievances, please contact us via the details on our Contact Us page.