These terms and conditions (“Terms & Conditions”) govern your use of the website – https://www.credime.in ("Website") and mobile application – "CrediMe" ("App") (Website and App shall collectively be referred to as "Platform") owned and operated by Credime Eservices Private Limited with its registered office at 34/1, K.R.Garden, 3rd Cross, 2nd Phase, Jeevanhalli, Cox Town, Bangalore, Karnataka, India, 560005 (hereinafter referred to as "Us" / "We" / "CrediMe").
As a user ("User" or "You") of the Platform, You understand that CrediMe is a financial - technology platform providing access between multiple Users in the form of consumers, financial institutions, data partners and other partner lenders, service providers etc. with a view to facilitate lending and borrowing activities.
Please read these Terms & Conditions carefully before accessing or using our Platform or any part thereof. By accessing or using any part of the Platform, You agree to be bound by these Terms & Conditions. If You do not agree to all the terms and conditions, then YOU MAY NOT ACCESS THE PLATFORM OR USE ANY SERVICES PROVIDED BY US.
These Terms and Conditions form a legal and binding agreement between the User and Us and is made pursuant to the terms of the Information Technology Act, 2000.
The Platform provides access to an online technology platform bringing together consumers, financial institutions, data partners and other partners.
CrediMe is not an organization registered with the Reserve Bank of India and does not hold any license to engage in any activities relating to lending or borrowing. CrediMe is not a Financial Institution under the Companies Act, 2013 or the Banking Regulation Act, 1949 or any other laws for the time being in force in India. CrediMe is also not a deposit taking company or a chit fund or a company offering any investment schemes as per the rules and regulations for the time being in force in India.
CrediMe is a technology service provider facilitating the access between person willing to lend and Users in need of borrowings. The final decision as regards lending and borrowing is subject to the choice of the respective Users in their respective capacities as lenders / borrowers / users of other financial products as set out in the Platform.
In addition to the foregoing, CrediMe also provides certain other services with respect to data analytics subject to these Terms & Conditions.
In the event You wish to avail any of the products displayed on the Platform, You will be required to provide certain information.
CrediMe provides various services, including but not limited to the following (“Technology Platform and Software Solutions” or “Services”):
a. Facilitating provision of small term loans to Users through various banks, NBFCs and other financial service providers who are partnered with CrediMe;
b. Assisting its Users to obtain their credit report through authorized agents partnered with CrediMe. CrediMe will monitor and update the credit report obtained by the customer through the use of the Platform as and when CrediMe receives such report from the authorized agents;
c. Provision support to the Users in verifying the financial capabilities of Users;
d. Provision of a social score based on User’s Facebook, Google or any other social media accounts that are linked with User’s account on the Platform.
For the provision of the above-mentioned Services, CrediMe will be using and sharing the information of the User with multiple financial institutions and other parties, as may be required for the purpose mentioned above and CrediMe shall also run multiple credit checks to be able to get the best available offers to suit the needs of the Users.
In the event You have registered Your phone number on the ‘Do Not Disturb’ registers with Your network provider, You shall ensure to take all steps to enable the Company’s representative’s to contact You via phone to provide details about different financial products and You shall ensure that such calls received by You are pursuant to You providing Us with information and You shall not register a compliant with the relevant authorities for the same.
The User of this Website unequivocally declares and agrees that in case of an individual, the User is a natural / legal person who has attained the age of at least eighteen (18) years and is legally allowed to enter into a contract in India. The User is allowed to utilize the Services in accordance with these Terms & Conditions. If the User violates any of these Terms & Conditions, or otherwise violates an agreement entered into through the medium of the Website / App, CrediMe may terminate the User’s membership, delete his/her profile and any content or information posted online by the User on the Platform or prohibit the User from using or accessing the Platform at any time in its sole discretion, with or without notice, including without limitation if CrediMe believes that User is under the age of eighteen (18) years.
As a User of this Platform, You have agreed to the Terms & Conditions provided hereunder or anywhere else on this Platform including but not limited to disclaimers on this Platform.
CrediMe reserves the right, at its sole discretion, to change, modify, add or remove portions of these Terms & Conditions, at any time without any prior written notice to the User. It is the User’s responsibility to review these Terms & Conditions periodically for any updates/ changes. User’s continued use of the App or Website following the modification of these Terms and Conditions will imply the acceptance by the User of the revisions.
If You wish to use the Platform, You are required to maintain an account on the Website or App through Your Facebook or Google accounts, as the case may be, and You will be required to furnish certain information and details, including Your name, email id, contact number and any other information deemed necessary by CrediMe or its lending partners for the purpose of accepting Your eligibility for the financial products offered on our Platform through various regulated financial institutions.
Please ensure that the details You provide Us are true, correct, accurate and complete. Upon CrediMe gaining knowledge of having any reasonable suspicion that the information provided by You is wrong, inaccurate or incorrect, CrediMe shall immediately terminate Your account without any notice to You in this regard. In the event of any changes to the information shared by You after registering Yourself on the Platform, You can access and update some of the information You provided us on the ‘USER dashboard’ area of Your account after You log-in. The right to use this Platform is personal to the User and is not transferable to any other person or entity.
CrediMe grants You a limited, non-transferable and revocable license to access and use the Platform or any part thereof for availing the Services, but not to download any material from it (other than page caching) or modify it, or any portion of it, except with express consent of CrediMe and / or its affiliates, as may be applicable. Any unauthorized access to the Platform (or any part thereof) or any networks, servers or computer systems connected to Platform and any attempt to modify, adapt, translate or reverse engineer any part of the Platform or re-format or frame any portion of the pages of the Platform, save to the extent expressly permitted by these Terms & Conditions, is not permitted.
This license is non-transferable and does not permit any resale or commercial use of this Platform or its contents; any downloading or copying of account information for the benefit of anyone other than Your use; or any use of data mining, robots, or similar data gathering and extraction tools. The Platform or any portion of the Platform (including but not limited to any copyrighted material, trademarks, or other proprietary information) may not be reproduced, duplicated, copied, sold, resold, visited, distributed or otherwise exploited for any commercial purpose without express written consent of CrediMe and / or its affiliates, as may be applicable. Any unauthorized use of the Platform shall terminate the permission or revoke the license granted by CrediMe.
CrediMe always has the right and liberty to monitor the content of the Platform or any part thereof which shall include information provided in Your account. The monitoring of the Platform is important to determine the veracity of the information provided by You and that every User remains in consonance with the Terms & Conditions provided herein. Subject to the Terms & Conditions mentioned herein, CrediMe shall also have the liberty to remove any objectionable content which is in contravention of the Terms & Conditions or any applicable laws in force in India or share such information with any governmental authority as per procedures laid down by the law for the time being in force in India.
CrediMe may wish to stop providing the Services and may terminate use of it at any time without giving notice of termination to You. Unless CrediMe informs the User otherwise, upon any termination.
In addition to other prohibitions as set forth in the Terms & Conditions, You are prohibited from using the Platform:
Notwithstanding anything to the contrary contained herein, neither CrediMe nor its affiliated companies, subsidiaries, officers, directors, employees or any related party shall have any liability to You or to any third party for any indirect, incidental, special or consequential damages or any loss of revenue or profits arising under or relating to these Terms & Conditions. To the maximum extent permitted by law, You waive, release, discharge and hold harmless CrediMe, its affiliated and subsidiary companies, and each of their directors, officers, employees, and agents, from any and all claims, losses, damages, liabilities, expenses and causes of action arising out of Your use of the Platform / Website / App.
As a User, You also acknowledge that CrediMe has maintained and carried out all possible checks and balances to assure the credibility of the Users as listed on the Platform. The information provided on the Website / App is based on the information that is provided to CrediMe by its Users. In case the User does not disclose any information to CrediMe, and the same is not found out at the first instance by CrediMe, CrediMe shall not be responsible for any claims or liabilities.
CrediMe in any event is not responsible for any default in return of money that is borrowed from the financial partners and the financial partners shall have the exclusive right to initiate proceedings against the defaulter borrower. CrediMe shall to the best of its abilities aid the concerned User in terms of provision of information to initiate any legal proceedings. However, CrediMe shall not be responsible for any default on behalf of the User.
CrediMe is merely an information technology platform and the User is entitled to conduct its own diligence before taking any steps to initiate the processes outlined on the Platform or any part thereof.
YOUR USE OF THE SERVICE AND ALL INFORMATION, PRODUCTS AND OTHER CONTENT (INCLUDING THAT OF THIRD PARTIES) INCLUDED IN OR ACCESSIBLE FROM THE SERVICE IS AT YOUR SOLE RISK. THE SERVICE IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS.
CREDIME EXPRESSLY DISCLAIMS ALL WARRANTIES OF ANY KIND AS TO THE SERVICE AND ALL INFORMATION, PRODUCTS AND OTHER CONTENT (INCLUDING THAT OF THIRD PARTIES) INCLUDED IN OR ACCESSIBLE FROM THE SERVICE, WHETHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. CREDIME FURTHER MAKES NO WARRANTY THAT:
You agree to indemnify, save, and hold CrediMe, its affiliates, contractors, employees, officers, directors, agents and its third party associates, licensors, and partners harmless from any and all claims, demands, losses, damages, and liabilities, costs and expenses, including without limitation legal fees and expenses, arising out of or related to Your use or misuse of the Services or of the Website or App or Platform, any violation by You of these Terms & Conditions, or any breach of the representations, warranties, and covenants made by You herein or Your infringement of any intellectual property or other right of any person or entity, or as a result of any threatening, libelous, obscene, harassing or offensive material posted/ transmitted by You on the Website / App. CrediMe reserves the right, at Your expense, to assume the exclusive defense and control of any matter for which You are required to indemnify CrediMe, including rights to settle, and You agree to cooperate with CrediMe’s defense and settlement of these claims. CrediMe will use reasonable efforts to notify You of any claim, action, or proceeding brought by a third party that is subject to the foregoing indemnification upon becoming aware of it. This paragraph shall survive termination of this Terms & Conditions.
CrediMe accepts no responsibility for advertisements contained within the Platform or any part thereof. CrediMe has no control over and accepts no responsibility for the content of any website or mobile application to which a link from the Platform or any part thereof exists. Such linked websites and mobile applications are provided “as is” for User’s convenience only with no warranty, express or implied, for the information provided within them or the veracity thereof.
If, at CrediMe’s request, You send certain specific submissions (for example contest entries) or without a request from Us, You send creative ideas, suggestions, proposals, plans, or other materials, whether online, by email, by postal mail, or otherwise (collectively, 'comments'), You agree that We may, at any time, without restriction, edit, copy, publish, distribute, translate and otherwise use in any medium any comments that You forward to Us. We are and shall be under no obligation:
You agree that Your comments will not violate any right of any third-party, including copyright, trademark, privacy, personality or other personal or proprietary right. You further agree that Your comments will not contain libelous or otherwise unlawful, abusive or obscene material, or contain any computer virus or other malware that could in any way affect the operation of the Service or any related website. You may not use a false e-mail address, pretend to be someone other than Yourself, or otherwise mislead Us or third-parties as to the origin of any comments. You are solely responsible for any comments You make and their accuracy. We take no responsibility and assume no liability for any comments posted by You or any third-party.
You are licensing to CrediMe and its service providers, any information, data, passwords, materials or other content (collectively, “Content”) You provide through or to the Service. Company and service provider of Company may use, modify, display, distribute and create new material using such Content to provide the Service to You. We may also use, sell, license, reproduce, distribute and disclose aggregate, non-personally identifiable information that is derived through Your use of the Service. By submitting Content, You automatically agree, or promise that the owner of such Content has expressly agreed that, without any particular time limit, and without the payment of any fees, CrediMe and its third party service provider may use the Content for the purposes set out above. As between CrediMe and third-party service provider, Company owns Your confidential account information.
Your use of this Platform and any Term & Conditions stated in this agreement is subject to laws of India. In case of any disputes arising out of the use of the Platform or any part thereof, Courts of Bangalore, India will have exclusive jurisdiction.
Refunds / Cancellation initiated will be credited to the account/card from where the transaction had initiated.
Please feel free to reach out to us for any complaint/ feedback at 888 487 6666 or email us at firstname.lastname@example.org.