Terms and conditions
These terms of use Terms and Conditions mandate the terms on
which the users (“You” or “Your” or “User”) access and register on
the application PM MUDRA LOAN. Please read the Terms of Use and Privacy
Policy carefully before registering on the Platform or accessing any
material, information through the Platform. The Company retains an
unconditional right to modify or amend this Terms of Use without any
requirement to notify you of the same. You can determine when this Terms
of Use was last modified by referring to the “Last Updated” legend above.
It shall be your responsibility to check this Terms of Use periodically for
changes. Your acceptance of the amended Terms of Use shall signify your
consent to the changes and the agreement to be legally bound by the
same.
1. Eligibility to Use : By accepting the Terms of Use, You hereby
represent that :
You are of 18 (eighteen) years of age or older and in case of you
are acting as guardian on behalf of a minor, you have the necessary
authority to register/sign up on the Platform for the availing the Services
on behalf of the minor;
You are of legal age to form a binding contract, are not a person
barred from receiving the Platform Services under the applicable laws
and are competent to enter into a binding contract. The Company
reserves the right to refuse access to the Platform to new Users and any
such user who has been suspended or removed by the Company for any
reason whatsoever shall not been entitled to avail the Platform Services;
and
You agree to abide by the Terms of Use, offer documents, investor
application form, account opening form and Risk Disclosure documents
and any other information provided by You on and through the Platform
for the provision of the Platform Services;
The money you invest is from your bank account (primary holder’s
bank account in case of Investment Account held jointly), and the
same is from legitimate
sources and remitted through approved banking channels;
You agree to make an informed independent investment decision
by reading the offer documents of the investment schemes that you are
investing in; and before investing, you shall seek independent financial
planning, legal, accounting, tax or other professional advice, if required.
2. User Account, Password and Security
In order to access the Platform Services on the Platform and Your
account on the Platform (“Account”), You will have to register on the
Platform by providing details including but not limited to mobile number,
mother’s name, father’s name, email address, password, date of birth,
gender, Permanent Account Number (PAN), signature, marital status,
nominee details, cancelled cheque, photograph and video recording, etc.
and other information as may be required by the Company from time to
time. Your Account will be activated once SADGURU INFOTECH.,
undertakes Your KYC verification in accordance with the Know Your
Client (“KYC”) guidelines issued by the company based on the
information provided by you including personal information.
We may also ask You for certain financial information, including
Your billing address, bank account details, credit card number, expiration
date and/or other payment related details or other payment method
data, and debit instructions or other standing instructions to process
payments for the Platform Services. The Company may ask you to
provide certain additional information about yourself on a case to case
basis.
You shall ensure and confirm that the Account information provided
by you is complete, accurate and up-to-date. If there is any change in
the Account information, you shall promptly update Your Account
information on the Platform. If You provide any information that is
untrue, inaccurate, not current or incomplete (or becomes untrue,
inaccurate, not current or incomplete), or if the Company has
reasonable grounds to suspect that such information is untrue,
inaccurate, not current or incomplete, the Company has the right to
suspend or terminate Your Account and refuse any and all current or
future use of the Platform (or any portion thereof) at its discretion, in
addition to any right that the Company may have against You at law or
in equity, for any misrepresentation of information provided by You.
You will be responsible for maintaining the confidentiality of the
Account information and are fully responsible for all activities that occur
under Your Account and also agree to keep your login credentials safe
and confidential at all times. You further agree to promptly change your
login credentials and inform the Company immediately in case of any
actual or suspected unauthorized use of Your Account. The Company
cannot and will not be liable for any loss or damage arising from your
failure to comply with this provision. You may be held liable for losses
incurred by the Company or any other user of or visitor to the Platform
due to authorized or unauthorized use of Your Account as a result of
Your failure in keeping Your Account information secure and confidential.
3. Refund policy
The transactions on the Platform with respect to the Platform Services
will be completed only after successful transfer of money from your
registered bank account. Please note that the fund will be credited to
Your Account within 3 (Three) days from the date of successful transfer
of such amount. You hereby agree and acknowledge that the
transactions on the Platform once completed cannot be cancelled by
you.
4. Cancelation Policy
You may request to cancel your plan for a full refund, up to 24
hours after the registration date. Cancellations between 45-50 days may
transfer to a different date/time of the same plan amount. You cannot
refund your project report amount.
5. Applicant Investment Conditions
a. Your project report fee is 100% nonrefundable.
b. You must complete your registration and KYC verification process.
6. Applicant Responsibilities
a. Provide all necessary truth information to approve the loan from the
bank under PM MUDRA YOJNA.
If you cannot follow above investment conditions and responsibilities
strictly company will not be responsible for further any loss.