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Terms of Service

Last Updated: 25 May 2026

These Terms govern your use of SABloan's services and website. By using our services, you agree to these Terms.

1. Nature of Services

SABloan is a Direct Selling Agent (DSA) and facilitator — NOT a bank, NBFC, or lending institution. We help compare car loan offers, submit applications, and assist with documentation. The final decision on loan approval, interest rate, and disbursement rests solely with the partner bank/NBFC.

2. Eligibility

You must be at least 18 years old, a resident of India, with valid PAN and Aadhaar, and a stable income source.

3. Application Process

You agree to provide accurate, complete, truthful information. Providing false information may result in rejection and reporting to credit bureaus. You authorize SABloan to share your information with partner banks/NBFCs, obtain credit reports, and contact you via phone/WhatsApp/email/SMS.

4. Service Charges

Initial consultation, loan comparison, and application submission are typically FREE. Any applicable charges will be disclosed upfront. Banks may charge processing fees (typically 0.5%–1%) — these are bank charges, not SABloan charges.

5. Limitation of Liability

SABloan does not guarantee loan approval, specific rates, disbursement timelines, or specific cashback amounts. We are not liable for decisions made by partner banks, delays caused by banks, or indirect/consequential damages. Maximum liability shall not exceed ₹10,000.

6. Prohibited Activities

You may not submit false information, use the service for illegal purposes, or impersonate others.

7. Dispute Resolution

Contact care@sabloan.in first for amicable resolution. Unresolved disputes go to arbitration under the Arbitration and Conciliation Act, 1996. Place: Udaipur, Rajasthan.

8. Governing Law

These Terms are governed by the laws of India. Courts of Udaipur, Rajasthan have exclusive jurisdiction.


Cashback Offer

Cashback Terms & Conditions

1. The Offer

SABloan offers cashback up to ₹50,000 on eligible new car loan disbursements through our partner banks/NBFCs.

2. Eligibility

To qualify: application submitted through SABloan official channels, results in successful loan sanction and disbursement, meets minimum loan amount, and is a NEW car loan (not refinance, top-up, or used car).

3. Cashback Amounts (Indicative)

₹3-5 Lakh loan: up to ₹5,000 | ₹5-10 Lakh: up to ₹15,000 | ₹10-20 Lakh: up to ₹25,000 | ₹20-40 Lakh: up to ₹40,000 | Above ₹40 Lakh: up to ₹50,000. Actual amount determined at sanction based on bank chosen and customer profile.

4. Payment Timeline

Cashback credited within 30-60 days of disbursement, directly to your bank account.

5. Tax

Cashback above ₹15,000 may attract TDS. Customer is responsible for declaring cashback in their ITR.

6. Disqualification

Cashback is forfeited if, within 12 months of disbursement: loan is foreclosed, defaults occur, fraud/dispute arises, customer cancels, or misrepresentation is found.

7. Exclusions

Not eligible: used car loans, refinancing/balance transfers, top-up loans, commercial vehicle loans, two-wheeler loans.

8. SABloan's Rights

SABloan reserves the right to modify cashback amounts, add/remove eligible banks, change criteria, or withdraw the offer with notice.

For cashback queries, contact care@sabloan.in within 90 days of disbursement. Governing law: India. Jurisdiction: Udaipur, Rajasthan.

SABloan

Hassle-free new car loan facilitation across Rajasthan, Gujarat, Madhya Pradesh & Maharashtra. Partnered with leading banks & NBFCs.

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