EMI & FINANCING DISCLAIMER
Quantum Intelligence
Effective Date: [DD/MM/YYYY]
Last Updated: [DD/MM/YYYY]
1. General
Quantum Intelligence (“QI”, “we”, “our”, or “us”) may provide information about financing, loan, EMI, or instalment options for eligible products displayed on our website.
Any EMI, loan amount, interest rate, tenure, down payment, or financing information displayed on the Website is provided for illustrative and informational purposes only and does not constitute a loan offer, sanction, approval, or financial advice.
2. Financing Through Third Parties
Where financing facilities are available, such facilities may be provided by independent banks, Non-Banking Financial Companies (NBFCs), financial institutions, or other authorized financing partners (“Financing Partner”).
Quantum Intelligence is not the lender unless expressly stated otherwise.
The approval, rejection, amount, interest rate, tenure, processing fee, documentation requirements, security requirements, and other conditions of any loan or financing facility are determined solely by the relevant Financing Partner.
3. EMI Calculator
Any EMI calculator, monthly instalment figure, or financing illustration available on the Website is an estimate only.
The actual EMI may differ depending on:
- Loan amount
- Down payment
- Interest rate
- Loan tenure
- Processing fees
- Applicable taxes
- Insurance or other charges
- Customer credit profile
- Financing Partner’s policies
- Other applicable charges
The EMI shown by the calculator should not be treated as a guaranteed or final repayment amount.
4. No Guarantee of Loan Approval
Submitting a financing enquiry or application through Quantum Intelligence does not guarantee loan approval.
Financing Partners may evaluate factors including:
- Age and eligibility
- Income
- Employment or business status
- Credit history
- Credit score
- Existing financial obligations
- Documentation
- Residence and employment details
- Internal lending policies
Quantum Intelligence does not guarantee that any customer will qualify for financing.
5. Interest Rates
Interest rates displayed on the Website may be indicative and may vary based on the Financing Partner, product, customer profile, loan amount, tenure, prevailing policies, and applicable regulations.
The final interest rate will be determined and communicated by the relevant Financing Partner.
Customers should carefully review the applicable loan agreement and Key Facts Statement or other legally required disclosures provided by the lender before accepting financing.
6. Processing Fees and Other Charges
Financing may involve additional charges, including where applicable:
- Processing fees
- Documentation charges
- Insurance
- Late payment charges
- Penal charges
- Foreclosure or prepayment charges
- GST or other applicable taxes
- Other lender-approved charges
Such charges are determined by the relevant Financing Partner and may not be included in the EMI displayed on our Website.
7. Customer Responsibility
Before accepting any financing facility, customers should independently review all terms provided by the Financing Partner, including:
- Annual interest rate
- Annual Percentage Rate (where applicable)
- EMI amount
- Loan tenure
- Total repayment amount
- Processing fees
- Penal charges
- Prepayment/foreclosure conditions
- Other applicable charges
Customers should proceed only after understanding and accepting the financing terms.
8. No Financial Advice
Information relating to EMI, loans, interest rates, financing, or repayment options on this Website is not intended to constitute financial, investment, legal, or tax advice.
Customers should obtain independent professional advice where appropriate.
9. Changes to Financing Offers
Financing schemes, interest rates, EMI offers, promotional programmes, eligibility criteria, and lender partnerships may change or be withdrawn without prior notice, subject to applicable law and the terms of the relevant Financing Partner.
10. Promotional EMI Offers
Where the Website advertises statements such as:
“EMI Starting From ₹____ per Month”
such figures are subject to the applicable:
- Down payment
- Loan amount
- Tenure
- Interest rate
- Customer eligibility
- Financing Partner
- Terms and conditions
The advertised EMI does not represent a guaranteed offer available to every customer.
11. Quantum Intelligence’s Role
Unless expressly stated otherwise, Quantum Intelligence’s role is limited to facilitating product sales and, where applicable, connecting customers with financing options or Financing Partners.
Quantum Intelligence does not control the lending decision of any bank, NBFC, or financial institution.
Any dispute concerning a loan, interest rate, EMI, repayment, charges, credit decision, or loan account should be addressed with the relevant Financing Partner.
12. No Liability for Financing Decisions
To the extent permitted by applicable law, Quantum Intelligence shall not be responsible for:
- Rejection of a loan application
- Variation in interest rates
- Changes in EMI
- Changes in loan terms
- Credit assessment decisions
- Delays in loan processing by a Financing Partner
- Charges imposed by a Financing Partner
- Repayment obligations under a financing agreement
Nothing in this Disclaimer limits any rights or remedies that cannot lawfully be excluded.
13. Product Purchase and Financing Are Separate
Approval of financing does not by itself guarantee product availability, delivery, or acceptance of an order.
Similarly, placing an order or booking a vehicle does not guarantee financing approval.
Product purchase terms are governed by the applicable Quantum Intelligence Terms of Sale, Refund & Cancellation Policy, Warranty Policy, and other applicable policies.
14. Governing Law
This Disclaimer shall be governed by the laws of India.
Subject to applicable law, disputes relating to this Disclaimer shall be subject to the jurisdiction of the competent courts at Lucknow, Uttar Pradesh.
15. Contact
For product-related enquiries:
Quantum Intelligence
Registered Office: [Insert Registered Office Address]
Email: it@quantumintellegence.in
Phone: +91-7752973745
