DSA Disclosure

DSA Disclosure

Our role

MahadevX Fintech Pvt. Ltd. operates as an authorised Direct Selling Agent (DSA) for partner banks and Non-Banking Finance Companies (NBFCs) in India. Our role is to source and facilitate loan applications between borrowers and lenders. We are not a Lending Service Provider (LSP) as defined under RBI Digital Lending Guidelines, 2022 — we do not lend, do not appear in the lender’s name, and do not collect repayments.

Our compensation

We earn a commission from the partner lender on every loan that is sanctioned and disbursed through our platform. The commission ranges from 0.5% to 3% of the disbursed amount, varying by lender and loan product. This commission is paid entirely by the lender. Borrowers pay nothing to MahadevX.

Lender independence

The decision to sanction a loan, set its rate, fix its tenure, and disburse it rests entirely with the lender. We do not influence credit decisions, do not perform underwriting, and do not have access to the lender’s internal credit policies. Sanctioned loan documents will be issued by the lender in their name on their letterhead.

Insurance

For insurance products listed on our platform, MahadevX acts as a referral partner with IRDAI-licensed aggregators (such as Policybazaar B2B / RenewBuy / InsuranceDekho). Policies are issued, underwritten, serviced, and claims-processed by the insurer. We do not collect premium and do not store policy documents.

List of empanelled lenders

An updated list of our empanelled lenders is available on request at info@mahadevx.in. Adding or removing a lender does not affect any sanctioned loan you already hold.

Anti-bribery

We do not pay or accept any inducement (cash, gift, hospitality) from borrowers in exchange for sanction recommendations. Any MahadevX representative requesting such inducement should be reported to info@mahadevx.in immediately.