Terms and Conditions

Last Updated: June 4, 2026

Welcome to PrepayMyLoan.com. By accessing and using this website, you agree to comply with and be bound by the following Terms and Conditions of use. If you disagree with any part of these terms, please do not use our website.

1. Permitted Use & Intellectual Property

The content, calculators, design layout, styles, graphics, and JavaScript code on PrepayMyLoan.com are the intellectual property of PrepayMyLoan.com and are protected by applicable copyright laws. You are granted a limited, non-exclusive, non-transferable license to access and use the calculators and information for personal, non-commercial purposes. You must not copy, scrape, distribute, reproduce, or modify our code or content for commercial purposes without our express written consent.

2. Accuracy of Calculations

All calculators on PrepayMyLoan.com are designed to provide estimated projections based on standard mathematical formulas used in retail banking (such as reducing balance amortization and compounding interest). While we strive for accuracy, the results should be treated as guidelines rather than absolute financial facts.

Actual bank calculations may vary slightly due to:

• Rounding differences or daily reducing balance rest intervals.
• Variations in standard calendar days in a leap year or specific month.
• Lender-specific charges, taxes, or compounding modifications.

We do not guarantee that the outputs will perfectly match the calculations of your bank or financial institution. Users should verify all values directly with their bank before finalizing loan agreements or making financial decisions.

3. Disclaimer of Financial Advice

The calculators and articles on PrepayMyLoan.com are provided for educational and informational purposes only. They do not constitute financial, investment, legal, or tax advice. We recommend that you consult a qualified financial planner, tax adviser, or bank representative before making significant borrowing or investment decisions.

4. Limitation of Liability

In no event shall PrepayMyLoan.com, its founder Abhishek Kumar, or its team be liable for any direct, indirect, incidental, consequential, or punitive damages arising out of your access to, use of, or inability to use this website. You use the tools and information on this site entirely at your own risk.

5. External Outgoing Links

We may include links to third-party financial blogs, bank websites, or toolkits. These links are provided for your convenience. We have no control over the content, security, or availability of those websites, and the inclusion of any link does not imply a recommendation or endorsement of the views expressed within them.

6. Governing Law

These terms and conditions are governed by and construed in accordance with the laws of India, and any disputes relating to these terms shall be subject to the exclusive jurisdiction of the courts of India.

7. Contact Us

If you have any questions or feedback regarding these terms, please contact us at support@prepaymyloan.com.