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Terms & Conditions

Terms and Conditions for Apon Bazaar Mobile App Users



Last Updated: July 15th, 2024

Welcome to the Apon Bazaar mobile application, a service provided by AponTech Ltd. By accessing and using the Apon Bazaar mobile app, you agree to comply with the following Terms and Conditions. Please review these terms carefully before engaging in activities such as applying for loans, making purchases on installments, or participating in savings plans.

1. Acceptance of Terms

By accessing and utilizing the Apon Bazaar app, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions. If you do not agree with any part of these terms, please refrain from using the app.

2. Eligibility

To use the Apon Bazaar app and apply for loans or make purchases on installments, you must:

  • Be at least 18 years of age.
  • Hold a valid Apon Bazaar account.
  • Be employed at an Apon-affiliated factory and be able to provide proof of employment and salary when required.

3. Loan and Installment Applications

3.1 Application Process

Users may apply for loans or purchase products on installments directly through the app.

Approval for loans or installment purchases is at the sole discretion of AponTech Ltd. and will be based on a thorough credit assessment.

3.2 Loan and Installment Terms

Upon approval, users will be informed of the loan or installment amount, repayment schedule, and applicable interest rates.

It is the user's responsibility to ensure timely repayment through the methods available within the app.

4. Repayment and Salary Deduction

4.1 Repayment Methods

Users can repay their loans or installments via the payment options provided in the app.

4.2 Salary Adjustments

In the event of a missed payment by the due date, AponTech Ltd. reserves the right to deduct the outstanding installment amount directly from the user's salary.

Users consent to provide the necessary authorization to their employer to facilitate these deductions.

5. Default and Penalties

5.1 Default

A user is considered in default if they fail to make the due payment within the specified time frame.

5.2 Penalties

In cases of default, additional penalties, late fees, and interest may be applied as outlined during the loan or installment approval process.

Continued default may result in legal action and reporting to credit bureaus.

6. Privacy and Data Security

AponTech Ltd. is committed to safeguarding your privacy and personal data. All information collected during the loan or installment application process will be used in accordance with our Privacy Policy, which can be accessed within the app.

7. Amendments to Terms and Conditions

AponTech Ltd. reserves the right to modify these Terms and Conditions at any time. Users will be notified of any changes via the app or through email. Continued use of the app after such changes have been made constitutes your acceptance of the revised Terms and Conditions.

8. Contact Information

For any questions or concerns regarding these Terms and Conditions, please reach out to us:

By clicking "Accept" or by using the Apon Bazaar app, you acknowledge that you have read, understood, and agree to these Terms and Conditions.

AponTech Ltd., Dhaka, Bangladesh