LOAN247

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LOAN247 Legal

AML/KYC Policy

Identity verification and anti-money laundering checks for application safety.

Last updated: 23 July 2026

LOAN247 may follow identity verification and anti-fraud checks to support safe application processing.

KYC information
Customers may be asked to provide name, phone number, email, PAN, address, bank details, income details, and other information needed for verification.

AML and fraud checks
Applications may be reviewed for suspicious activity, duplicate identities, inaccurate information, payment misuse, or other risk indicators.

Customer responsibility
Customers must provide true, accurate, and updated information. False or misleading information may result in rejection, account restriction, or reporting where legally required.

Record keeping
Verification records may be retained as required for operational, legal, compliance, and dispute-resolution purposes.