Terms of Use
This agreement describes the terms and conditions that will be applicable to the access and use of the website "www.Loankidukaan.com" and its Mobile Application (collectively be referred to as "Website"), which is managed and operated by Loankidukaan Marketing and Consulting Private Limited, (hereinafter collectively be referred to as "Company"/ "Loankidukaan"), incorporated under the laws of India and registered under the Companies Act, 1956.
This document (referred to as "Agreement") is an e-record formed in reference to IT Act, 2000. SInce it is generated by an electronic system, it doesn't require signatures in any form. This is published according to the provisions of Rule 3 of the IT (Intermediaries guidelines) 2011, that provides for the due diligence to be exercised for the access or usage of this Website.
By accessing this Website or registering your information with us, the users (hereinafter mentioned as "you" or "your") comply to be bound by Terms of Use (referred as TOU). This Agreement also carries Privacy Policy and Disclamer that give the users a clarity about our relationship with them. You'll be subject to the principles, guidelines, policies, terms, and conditions applicable to any specific service that's provided by us on this Website.
TOUs are subject to periodic changes. Users are requested to periodically visit this page to be updated about the most recent version of TOU. We reserve the complete right tp change or modify the policies at any time, at our sole discretion, to vary or otherwise modify the TOU without prior notice, and your continued access or use of this Website signifies your agreement on the updated TOU.
PLEASE READ THESE TERMS AND CONDITIONS CAREFULLY. YOUR ACCEPTANCE OF TERMS CONTAINED HEREIN CONSTITUTES THE AGREEMENT BETWEEN YOU and therefore the COMPANY FOR the aim AS DEFINED HEREUNDER.
Description & Acceptance of Services
Hereby, the company provides you access to information about products and services including, but not restricted to, investment services like bank account, FDs, loan facility, mutual funds and credit cards facility. All these are to be collectively referred to as "Service/s" of the company. Additionally, Company also offers provide third party services including but not limited to credit check services, and the other services to retrieve and use your information through third party sites (eg. bank sites etc.) in conjunction together with your selection of the Services ("ancillary services").
Your continued usage of the Services and ancillary services from time to time would also constitute acceptance of the Terms of Use, including the recent updates and modifications thereof and you'd be bound by this agreement until this agreement is terminated under the provisions defined herein.
You agree and authorize Loankidukaan to share your information with its partners and other third parties, in thus far as needed for joint marketing purposes/offering various services/report generations and/or to similar services to supply you with various value added services, in association with the Services selected by you or otherwise. You agree to receiving communications through emails, telephone and/or SMS, from the corporate or its third party vendors/business partners/ marketing affiliates regarding the Services/ancillary services updates, information/promotional emails and/or product announcements. With this, the user agrees and provides consent to receive all official and formal communications at the mobile number provided by him, albeit this mobile number is registered under DND/NCPR list under TRAI regulations. And for that purpose, you extra authorize the company to share/disclose the knowledge to any third party service provider or any affiliate, its group companies, authorized agents.
Further, the company can also retain and use your information as necessary to suit our legal obligations, resolve disputes and enforce our agreements entered into for providing Services and ancillary services.
License & Website Access
The user acknowledges and agrees that the company holds all the rights, title and interest in and to the services, including any property rights which subsist within any of the mentioned services, those rights are not limited just to the registered rights but also includes the non-registered rights of the company. Services may contain sensitive and confidential information, you acknowledge to not disclose any such information without Company's prior written consent.
The content presented on the website, including text, graphics, images, logos and button icons, photographs, editorial content, notices, software and the overall look and feel and other material are completely owned/licensed by the Company and/or its third Party Service Providers and are subjected to copyright under applicable copyright, trade mark and other laws.
Company grants you limited access to the website. This license doesn't allow you downloading or copying of any quite information for the advantage of another individual, vendor or the other third party or to make a derivative work, modify, reverse engineer, reverse assemble or otherwise plan to discover any ASCII text file, sell, assign, sublicense, grant a interest in or otherwise transfer any right within the Services. Going against this term shall terminate the permission granted to you.
By using the website you agree not to:
- Copy or use the website and its contents for commercial purposes.
- Make any false or fraudulent transaction or any transaction in anticipation of demand.
- Access or copy any content or information of this Website using any manual or automated means such as robot, spider, scraper without written consent from the company.
- Take any action that imposes, or may impose, an unreasonable burden or load on our infrastructure.
- Deep-link to any portion of this Website for any purpose without our prior permission.
- Mirror or otherwise incorporate the content, feel, look or design \of this Website into the other website without our prior written authorization from the company.
Privacy Policy
By accessing the Website, you hereby give your consent to the use of your personal information, provided to the company, as clearly stated in our Privacy Policy. This Privacy Policy describes what company does to your personal information when you use the Website and other ancillary Services provided by us.
Your Registration Account
In consideration of your use of the website and registering with us, you represent that you simply are of majority to form a binding contract and aren't an individual barred from receiving services under the laws of India or other applicable jurisdiction and can only use the web site to make legitimate purchases for you or for an additional person for whom you're legally authorized to act (and will inform such other persons about the TOU and/or Privacy Policy) that apply to the acquisition you've got made on their behalf (including all rules and restrictions applicable thereto).
You agree and understand that you simply are solely liable for maintaining the confidentiality of your password which, alongside your Login ID (as could also be applicable in accordance with the Service selected), allows you to access the Service. That Login ID and password, alongside any mobile number or other contact information you provide, form your ("Registration Information"). You agree that you simply are liable for maintaining the confidentiality of your Login ID and password, and for restricting access to your computer. You comply with and accept responsibility for all activities that occur through your account or password. Due to this, we strongly recommend that you simply exit/ logout from your account at the top of every session. You comply with notify Company immediately of any unauthorized use of your account or the other breach of security. you extra agree that Company shall not be responsible for any unauthorized use or access, unless it's proved that the unauthorized use or access occurred solely thanks to reasons directly due to Company.
You shall provide true, accurate, current and complete information about yourself and undertake to inform/update of any change in your Registration Information promptly and keep it up-to-date and accurate in the least times, because it features a direct pertaining to the supply of Services and ancillary services by or through Company. You agree to not misrepresent your identity nor will you create an effort to form an unlawful access to the web site or use of the Services. Additional terms and conditions will apply to your purchase of services that you simply select. Please read these additional terms and conditions carefully.
Customer Due Diligence requirements (CDD)
You acknowledge and agree that for undertaking any financial transaction through this website, Our Company may undertake client/customer due diligence measurers and seek mandatory information required for KYC purpose which as a customer you're obliged to provide, while facilitating your request of loan/credit card/mutual fund and other financial product requirements with the banks/financial institutions, in accordance with applicable Prevention of cash Laundering Act ("PMLA") and rules. Our Company may obtain sufficient information to determine, to its satisfaction or the banks/financial institutions, the identity of every new customer/user, and to determine the aim of the intended nature of relationship between you and therefore the bank/financial institution. You agree and acknowledge that Our Company can undertake enhanced due diligence measures (including any documentation), to satisfy itself concerning customer due diligence requirements in line with the obligations under the PMLA Act.
Eligibility
While availing the services offered by the company you, as a user, declare and confirm that you are officially a resident of India, above 18 years of age, and are capable to contract as specified under the Indian Contract Act, 1872.
Submitted Content
By sharing or submitting any content including any data and knowledge on the website , you agree that you simply shall be solely liable for all content you post on the web site and Company shall not be liable for any content you create available on or through the website. At Company's sole discretion, such content could also be included within the Service and ancillary services (in whole or partially or during a modified form). With reference to such content you submit or make available on the web site , you grant Company a perpetual, irrevocable, non-terminable, worldwide, royalty-free and non-exclusive license to use, copy, distribute, publicly display, modify, create derivative works, and sublicense such materials or any a part of such content. You agree that you simply are fully liable for the content you submit. you're prohibited from posting or transmitting to or from this Website:
- Any unlawful, threatening, libelous, defamatory, obscene, pornographic, or other material or content that might violate rights of publicity and/or privacy or that might violate any law.
- Any commercial material including, but not limited to, advertising, or marketing of any good or services.
- Any material or content that infringes, misappropriates or violates any copyright, trademark, legal right or other proprietary right of any third party. You shall be solely responsible for any damages resulting from any violation of the foregoing restrictions, or the other harm resulting from your posting of content to the present Website.
Third Party Links/Offers
This Website is authorized to provide links to other resources. Herein, we clarify, that the company doesn't have any control over other resources or third party websites, therefore you acknowledge and agree that Company isn't liable for the supply of such external sites or resources, and isn't responsible for any content, advertising, products or other materials on or available from such sites or resources. Your interaction with any third party accessed through the website is at your own risk, and Company will haven't any liability with reference to the acts, omissions, errors, representations, warranties, breaches or negligence of any such third parties or for any personal injuries, death, property damage, or other damages or expenses resulting from your interactions with the third party link available on the website.
Group Insurance Policy
As a part of its Services, Company may further offer you group insurance coverage from different insurers for which Loankidukaan Marketing And Consulting Private Limited shall be the Master Policy Holder. Such insurance coverage shall be governed by and subject to the terms, conditions, and exclusions, limitations thereof as per the guidelines of the Insurance Regulatory And Development Authority of India ("IRDAI").
Disclaimer of Warranty
You acknowledge that you understand and agree to be the sole bearer of the possible risk included in using the Services, ancillary services, products and other content (including third party offerings) included in or accessible from the Website. The Services and ancillary services are to be used on an "as is" and "as available" basis. Company makes no representations, warranties or guarantees, express or implied, regarding the accuracy, reliability or completeness of the content on the Website or of the third party services.
The company clearly disclaims any warranties of non-infringement or fitness for a particular purpose. Company doesn't hold any warranty of any kind as to the Services, ancillary services and all information and third party offerings included in the services, whether express or implied.
The cost for products available on our Website and are incorporated into this TOUs by reference. All specified and non-specified prices are in INR. Prices, Products and Services are offered by the Company's business partners, and should change in accordance with the brand guidelines or other terms and conditions applicable to every of the business partners of Loankidukaan. In some cases Services and costs are offered by the corporate itself and it reserves the proper to switch the utilization and costs of such Services. you extra undertake that by initiating a transaction, you're getting into a legally binding and enforceable contract with these business partners of the corporate , to get the products or avail the services using such payment facilities as could also be permitted by applicable laws and as could also be accepted by the corporate .
The Company doesn't charge any registration/membership or browsing fee. However, the corporate reserves absolutely the right to charge any fee for registration/ membership or browsing fee at any time.. All such fees that the corporate may charge are going to be intimated to the users and such change shall automatically become effective immediately after they're posted on the web site . All such fees charged by the corporate shall be in Indian Rupees. Your continued use of the corporate shall be deemed as an acceptance of the amended terms of the TOU.
The Company is authorized to make agreements with third party payment gateway aggregators and financial institutions authorized by the RBI for collection, refund and remittance and to facilitate payment between you, Loankidukaan and its business partners, because the case could also be . the corporate shall initiate the remittance of the payments made by you and therefore the date of completion of transaction shall plan the products are delivered to the you or after the Services are rendered to you and such other overtime as could also be agreed between Website and its business partners, because the case could also be .
While opting any of the payment method(s) available on the website, the company won't be responsible or assume any liability, whatsoever in respect of any loss or damage arising directly or indirectly to you due to:
- Lack of authorization for any transaction/s, or
- Any payment issues rising after transaction, or
- Illegitimacy of the payment methods (credit/debit card frauds etc.) getting used by a you;
- Decline of transaction for the other reason(s)
- Notwithstanding anything contained herein, the web site reserves the proper to conduct additional verification for security or other reasons if it's not satisfied with the credibility of you/your transaction.
Use of the payment facilities provided by the website doesn't make us liable for the non-delivery, non-receipt, non-payment, damage, breach of representations and warranties, non-provision of after sales or warranty services or fraud as regards the products or services listed on the web site.
You hereby comply with providing accurate information, like credit/debit information for purchasing any Service or product on or through the web site . you extra warrant that you simply shall not use payment information or instrument that's not lawfully owned by you. additionally to the present TOUs, the terms and conditions of the bank or other financial organization shall even be applicable to each user. The website disclaims any liability arising out of declining payment by such a bank or financial organization .
Loankidukaan may in its sole discretion impose limits on the amount of transaction which a private holding a financial instrument may use for payment for products or services. Additionally, the web site reserves the proper to refuse to process transactions exceeding such limit and transactions by you that have incurred questionable charges and amounts.
Loankidukaan is simply a facilitator for providing you with payment channels through automated online electronic payments (either itself or through its payment gateway service providers), cash on delivery, collection and remittance facility for the payment of products purchased by the User on the web site using the prevailing authorized banking infrastructure and mastercard payment gateway networks (of either the web site or Service Providers).
Loankidukaan shall not be held responsible and shall bear no liability just in case of failure or delay of delivering the products or services including any damage or loss caused to you thanks to such delay. All the services and products are limited to be availed within the territorial boundaries of India.
Limitation of Liability
You expressly understand and agree that the corporate (including its subsidiaries, affiliates, directors, officers, employees, representatives and providers) shall not be responsible for any direct, indirect, incidental, special, consequential or punitive damages , including but not limited to damages for loss of profits, opportunity, goodwill, use, data or other intangible losses, albeit Company has been advised of the likelihood of such damages, resulting from (i) any failure or delay (including without limitation the utilization of or inability to use any component of the Website), or (ii) any use of the web site or content, or (iii) the performance or non-performance by us or any provider, albeit we've been advised of the likelihood of damages to such parties or the other party, or (b) any damages to or viruses which will infect your computer equipment or other property because the results of your access to the web site or your downloading of any content from the web site .
Notwithstanding the above, if the corporate is found responsible for any proven and actual loss or damage which arises out of or in any way connected with any of the occurrences described above, then you agree that the liability of Company shall be restricted to, within the aggregate, any Service/transactional fees paid by you to the corporate in reference to such transaction(s)/ Services on this Website, if applicable.
The Company has no control over the third party websites which might be provided to you through its Website. You acknowledge and agree that under no circumstance shall the corporate be responsible for your using the services offered or provided by any third party service provider.
Indemnity
You comply with indemnify and hold Company (and its affiliates, officers, directors, agents and employees) harmless from any and against any claims, causes of action, demands, recoveries, losses, damages, fines, penalties or other costs or expenses of any kind or nature, including reasonable attorneys' fees, or arising out of or associated with your breach of this Terms of use, your violation of any law or the rights of a 3rd party, or your use of the web site .
You are not to make or present any demand and completely release, waive and forever discharge the corporate, its officers, directors, employees, agents, licensees, affiliates, successors and assigns, jointly and individually (hereinafter "Release"), from any and every one manner of liabilities, claims, demands, losses, claims, suits, costs and expenses (including court costs and reasonable attorney fees) ("Losses"), whatsoever, in law or equity, whether known or unknown, which you ever had, now have, or within the future may have against the discharge with reference to the Services. You comply with defend, indemnify, and hold harmless the discharge from and against any and every one Losses resulting from claims made against the corporate by third parties arising from and in reference to this authorization.
Additional Terms & Conditions
Company reserves the proper to form changes to the web site , related policies and agreements, this Terms of Use and therefore the Privacy Policy at any time because it deems fit and proper, but not limited to, suits changes in law or regulation, correct inaccuracies, omissions, errors or ambiguities, reflect changes within the process flow, scope and nature of the services and ancillary services, company reorganization or customer requirements. Upon any change, the Company will notify the updated Terms on the web site or other means. Your continued access to the Services and ancillary services provides your acceptance of the updates and modifications and an agreement to be bound by the new Terms. If you are doing not comply with the changes, you'll please discontinue your use of the Services and ancillary Services.
Company reserves the proper to discontinue or suspend, temporarily or permanently, the Services including ancillary services, by giving reasonable period of time notice, on a best effort basis, unless it's merely to vary certain features/contents of the Services and/or Website or maintain the safety and integrity of the Services. You agree that Company won't be susceptible to you in any manner whatsoever for any modification or discontinuance of the Services.
You agree to not use the Services and ancillary services for illegal purposes or for the transmission of fabric that's unlawful, harassing, libelous (untrue and damaging to others), invasive of privacy, abusive or that infringes the rights of others.
Company may, from time to time, announce certain offers with intent to market its Website and/or Services/ ancillary services ("Promotional Offer/s"). Terms of Use will always govern the Promotional Offer(s) plus certain additional terms and conditions, if any prescribed. The said additional terms and conditions, if prescribed, would be specific to the corresponding Promotional Offer only and shall prevail over these TOU, to the extent they'll be in conflict with these Terms. Company reserves the proper to withdraw, discontinue, modify, extend and suspend the Promotional Offer(s) and therefore the terms governing it, at its sole discretion.
General
If any of those conditions are deemed invalid, void, or for any reason unenforceable, the parties agree that the court should endeavor to offer effect to the parties intentions as reflected within the provision, and therefore the unenforceable condition shall be deemed severable and shall not affect the validity and enforceability of any remaining condition. Headings are for reference purposes only and don't limit the scope or extent of such sections. These Terms of Use and therefore the relationship between you and Company are going to be governed by the laws of India without reference to its conflict of law provisions. Any dispute arising out of or in reference to this Agreement, including a breach or termination thereof, shall be settled by a sole arbitrator to be appointed mutually under the Arbitration and Conciliation Act 1996. The venue for arbitration shall be Gurugram. The arbitral procedure shall be conducted within the English and any award or awards shall be rendered in English. the web site specifically prohibits you from usage of any of its Services in countries or jurisdictions that don't corroborate to all or any stipulations of those Terms. the web site is specifically for users within the territory of India. just in case of any dispute, either judicial or quasi-judicial, an equivalent are going to be subject to the laws of India, with the courts in Gurugram having exclusive jurisdiction. The failure of Company to act with reference to a breach by you or others doesn't waive its right to act with reference to subsequent or similar breaches. This TOU constitutes the whole agreement between you and Company and governs your use of the web site , superseding any prior agreements between you and Company with reference to the web site .