Terms and conditions :
(1) Borrower must have a working bank account in his/her name or company name which will be used for the transfer of the loan.
(2) Borrower will start the repayment of his/her loan 3 months after the loan has been transferred.
(3) Borrower will be given 3 months of grace to payback the principle loan amount with interest at the end of the agreed loan duration before legal actions will be taken.
(4) Failure to pay back the loan at the expected date / period, legal actions will be taken against the borrower by my attorney.
(5) Address: You must inform me about change of circumstances and must tell me promptly if you change your residential address or zip, or if you think there is any information That I Should be aware of.
(6) There is no  prepayment penalty.
(7) Interest: Interest rate ranges from a minimum of 2-5% irrespective of the loan amount.
(8) Loan Process: It takes the interval of 1 to 3 working days from application to funding.
(9) Loan Amount: Loan amount ranges from a minimum of $10,000.00 – $10,000,000.00
(10) Loan duration: Loan duration ranges from 1 month to 30 years.

REPRESENTATIONS:
1. Borrower must be at Least 18 years of age
2. The Loan will be granted regardless of your credit score
3. There is no pre-payment penalty
4. Borrower do not need a Co-Signer for this loan
5. Borrower must be a Citizen or have a residential permit of where you are applying from
6. Borrower must have a valid Government approved identification card
7. Borrower is responsible for the loan origination fee.
Most application fees are refundable, even if the lender decides not to offer credit to the individual applying for a loan.

The Daduwal Village Realty LLC Loan Terms and Conditions only apply to members/clients of  Daduwal Village Realty LLC.

AGREEMENT
* A Daduwal Village Realty LLC  loan agreement entered  between the Lender and the Borrower which consists of principal and additional terms and conditions agreed between the Lender and the Borrower and these Standard Terms and Conditions of Loan Agreement.

BANKING DAYS
* Any calendar day that is not a Saturday, Sunday, a national holiday or public holiday.

PAYMENT SCHEDULE
*  An integral part of the Agreement which is prepared according to the terms and conditions of the Agreement and in which the number, amount and due dates of the Loan Amount and Interest payments due by the Borrower to the Lender are indicated.

CALCULATION AND PAYMENT OF INTEREST

* The Borrower shall pay Interest under the terms and conditions provided for in the Agreement in accordance with the amounts specified in the Payment Schedule.
* Upon calculation of the Interest, the Lender shall proceed from a 360-day year and the actual number of days in a month.

CANCELLATION OF AGREEMENT

* The Borrower fails to make the payments under the Agreement in due time and is in partial or full delay with at least three 3 consecutive repayments and has not paid the outstanding amounts within two 2 weeks after the receipt of a corresponding request from the Lender
*  The Borrower is required to make payments within twenty (20) calendar days after the receipt of a written notice from the Lender.
* Upon cancellation of the Agreement, the Lender is entitled to demand until complete repayment of the Loan Amount from the Borrower compensation for any damage caused to the Lender due to any delay in the repayment of the Loan Amount.

COST
Origination fee varies simultaneously with the loan amount. The fee is to be paid after your loan approval.
INTEREST RATE
*  The total Loan cost to the Borrower is expressed as an annual percentage.
* 5% payable rates by the Borrower to the Lender for the use of the Loan Amount.

FEES
Fees Are Charged. There is a security deposit before the loan is disburse to your designated bank account and this is paid after the Loan Agreement has been signed by both Parties.

BORROWING LIMIT
The borrowing limit of Transactions shall be the amount approved and notified by the Lender. For the avoidance of doubt, these Terms and Conditions shall also apply to cases where the customer makes a borrowing beyond the borrowing limit with the Lender’s confirmation that such borrowing is inevitable.

GOVERNING LAW AND JURISDICTION

These Terms and Conditions shall be governed by the laws of United State of America.

DISBURSEMENT OF LOAN AMOUNT

The Lender is entitled to refuse to disburse the Loan Amount or a part thereof to the Borrower and/or cancel the Agreement if it is discovered after entry into the Agreement but before disbursement of the Loan Amount that:
* Borrower and or co-borrower has submitted false information to the Lender
* The Borrower has not used the already disbursed part of the Loan Amount according to its intended purpose
* The economic situation of the Borrower has deteriorated to the extent that the repayment of the Loan Amount may prove difficult in the opinion of the Lender
* The Borrower fails to perform in a timely manner the obligation to pay the Loan Amount

PREPARATION AND ISSUE OF PAYMENT SCHEDULE

* The Payment Schedule is prepared by the Lender based on the Agreement and the Service Conditions. The Payment Schedule shall be prepared by the Lender within one (1) business Day alongside the loan approval letter
*  The Payment Schedule shall set out on which dates and in which amounts the Borrower is required to make payment on the loan
*  The Payment Schedules shall be communicated to the Borrower through the repayment term sheet.

REPAYMENT OF LOAN AMOUNT
*  The Borrower undertakes to repay the Loan Amount on the due date and in the amount specified in the Payment Schedule.
* The Borrower is entitled to repay the Loan Amount or a part thereof before the Final Loan Amount Repayment Date.
* If the Borrower fails to repay the Loan Amount within fourteen (14) calendar days after the due date indicated in the application, the early repayment of the Loan Amount or a part thereof shall be deemed not to have taken place and the Lender shall prepare and send to the Borrower a new Payment Schedule

OBLIGATIONS OF BORROWER

*  The Borrower is required to use the Loan Amount for the intended purpose specified in the Agreement or an agreement on amendment  of the Agreement. Upon receipt of a respective written request from the Lender.
* The Borrower is required to present within 10-20 Business Days a documented summary concerning the use of the Lender Amount to Lender.
*  The Borrower is required to have a borrower Account until the full payment of the loan.