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Refund Policy
In the event a request for refund is made by the User for duplicate, incomplete or rejected transactions, as the case may be, the User agrees that Niwas shall refund such amounts as may be decided by Niwas in its sole discretion from time to time. Also such refund shall be made in accordance with the terms and conditions of the relevant service provider providing the payment gateway services.
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Prime Lending Rate
We always aim to offer you competitive interest rates on your loan with Niwas. The rate of interest on your loan is calculated as: Interest Rate = Niwas PLR Rate +/- Spread.
The NHFPL-PLR is an estimation of a benchmark interest rate approved by the Board of Directors of the Company or ALCO Committee.
Our current Prime Lending Rate is 17.25%.