Effective Date: [ November 2, 2023]
Welcome to Laxmi Finance. These Terms and Conditions (“Terms”) govern your use of the Laxmi Finance website, mobile applications, and all financial products and services offered by the Company. By accessing or using our services, you agree to be bound by these Terms.
1. Definitions and Acceptance
Services: Includes all financial products (loans, investments, etc.), digital platforms, and customer support provided by Laxmi Finance.
User/Customer: Any person or entity that accesses or utilizes the Services.
Acceptance: Your continued use of the Services constitutes your full acceptance of these Terms, the Privacy Policy, and any other agreements governing specific products you utilize.
2. Eligibility and Account Use
Eligibility: You must be at least 18 years of age and legally competent to enter into binding financial contracts.
Account Security: You are responsible for maintaining the confidentiality of your account credentials (username, password, PIN) and for all activities that occur under your account. You must notify us immediately of any unauthorized use or security breach.
Accurate Information: You agree to provide true, accurate, current, and complete information during the application process and to update this information promptly.
3. Financial Products and Services
Loan Sanction and Disbursement: All loan applications are subject to our internal approval process, credit assessment, and verification. We reserve the right to approve or reject any application at our sole discretion.
Interest Rates and Fees: Interest rates, processing fees, late payment charges, and other charges are detailed in the specific loan agreement (sanction letter) you sign. These fees are subject to change as per regulatory guidelines and the terms of your agreement.
Repayment: You are solely responsible for timely repayment of all obligations as per the agreed-upon schedule. Failure to repay may result in legal action, reporting to credit bureaus, and additional charges.
Third-Party Services: We may use third-party service providers (e.g., payment gateways) for offering the Services. We are not responsible for the functionality or security of such third-party services.
4. Intellectual Property Rights
All content on our platforms, including text, graphics, logos, images, software, and financial models, is the exclusive property of Laxmi Finance or its licensors and is protected by copyright and intellectual property laws. You may not use, reproduce, or distribute any content without our prior written permission.
5. Disclaimers and Limitation of Liability
No Warranty: The Services are provided on an “as is” and “as available” basis. We make no warranties, express or implied, regarding the accuracy, reliability, or completeness of the Services.
Limitation of Liability: Laxmi Finance shall not be liable for any direct, indirect, incidental, special, or consequential damages (including loss of profits, data, or business opportunities) arising from your use of the Services or any failure to provide the Services.
6. Indemnification
You agree to indemnify, defend, and hold harmless Laxmi Finance, its directors, employees, and agents from any and all claims, liabilities, damages, and costs (including legal fees) arising from your breach of these Terms or your misuse of the Services.
7. Governing Law and Jurisdiction
These Terms and your use of the Services shall be governed by and construed in accordance with the laws of [Insert the Country/Jurisdiction, e.g., India]. You agree that the courts in [Insert the relevant city, e.g., Mumbai] shall have exclusive jurisdiction over any dispute arising out of or relating to these Terms.
8. 📢 Notification and Communication Consent
By accepting these terms, you acknowledge and consent to receive notifications and promotional communications from us through various channels, including but not limited to email, mobile push notifications, SMS, RCS (Rich Communication Services), WhatsApp, or any other digital communication platforms.
If you prefer not to receive such updates or marketing communications, you may opt out by contacting us at info@laxmifinance.shop.
