Please ensure you review the Terms and Conditions before proceeding:
By clicking "I agree" or "I accept," or by downloading, installing, or using the services, you are indicating your agreement to the terms and conditions outlined in this document. If you do not agree to these terms and conditions, please refrain from clicking "I agree," downloading, installing, or using the services. This is a legally binding agreement between Exude Vincom Private Limited and yourself.
DEFINITIONS:
"Application" refers to the mobile software developed and designed to provide end-users with access.
"Customer" / "You" / "User" means any individual who accesses the Company's website, application, or applies for or avails a loan facility from Exude.
“Lender" means Exude Vincom Private Limited, a Non-Banking Financial Company registered with the Reserve Bank of India, which provides loans to eligible customers in accordance with applicable laws, regulations, and the terms of the Loan Agreement.
"We" refers to Exude Vincom Private Limited, a company established as per the Companies Act, 1956.
"Loan" means the financial assistance provided by Exude to an eligible customer subject to the terms and conditions of the Loan Agreement.
"Loan Agreement" means the agreement executed between Exude and the Customer governing the terms of the loan facility.
"Outstanding Amount" means the principal amount, interest, charges, fees, and any other amounts payable by the Customer to Exude.
"Platform" means the Company's website, mobile application, and other digital channels through which services are provided.
"Services" means loan application processing, credit assessment, loan sanction, disbursement, servicing, repayment management, and other related financial services provided by Exude.
"Third-party platforms" are social networking sites such as LinkedIn and Facebook.
"User data" refers to any information, documents, or materials provided by you to our company. Finally, the "Website" corresponds to our company's online platform.
SERVICES:
Our Services allow you to apply for a loan if you meet the requirements specified within the app. By utilising our service, you acknowledge and agree that our company is responsible for collecting, verifying, tracking your location, confirming, and validating the User Data, Documents, and any other information required by the Lender to approve the loan. You grant the Lender permission to collect and store your User Data through the Mobile Application Form available on the Platform.
To access the Services, you will need to register and log in through your third-party platform account. During the application process, you will be required to submit and upload user information using the mobile app form.
This information includes your name, email address, gender, and date of birth. Additionally, you will need to provide a password, a photograph, a contact number, your mobile phone number, and your login credentials from the third-party platform.
This information also encompasses financial details such as bank statements, income, bank account numbers, PAN cards, data necessary for customer compliance, data from credit information companies, and any other relevant information important to you.
By signing up for these Services, you authorise us to import your personal information from other platforms. You acknowledge that we may request updates on your personal information periodically to ensure Exude Vincom Private Limited undertakes all actions on your behalf with your explicit permission and strictly adheres to non-discriminatory practices.
By granting permission, you authorise Exude Vincom Private Limited to request your credit information from one or more credit information companies as required. Once you have verified and uploaded your user information and/or other relevant information in the MOF (Mobile Application Form), Exude Vincom Private Limited will proceed with the necessary verification procedures.
Upon successful verification, you may become eligible for loan approval by the Lender, subject to the lender's specific eligibility criteria and conditions. Subsequently, you will be required to complete additional forms such as the ECS (Electronic Clearing Service) or NACH (National Automated Clearing House) mandate, provide a check, or any other documentation requested by the lender.
Exude Vincom Private Limited may also collect physical documents, including signatures, that are essential for approval and processing. Once the required documents have been collected, the lender will disburse the loan amount in accordance with the terms outlined in the loan agreement.
The approved loan amount will be disbursed to you based on the instructions provided in your mobile application. It is your responsibility to repay the loan amount to the lender on the specified date(s) indicated in your Mobile Application Form.
Furthermore, you acknowledge and agree that Exude Vincom Private Limited retains the right to track your location while you are utilising the Services, even after you cease using the Services, uninstall the mobile app, or delete any related components. This tracking will continue until you have fulfilled all your obligations, including settling the outstanding amount owed to the Lender.
You also consent to Exude Vincom Private Limited ongoing location tracking in the event that you discontinue using the Services, uninstall the mobile app, or cease utilising any other associated features.
In the event that you uninstall or discontinue using our Services, you are still responsible for settling any outstanding amounts. It is important to note that you are solely accountable for any actions taken using your User Account, and Exude Vincom Private Limited cannot be held liable for any consequences arising after your use of the
Services. You agree to maintain the confidentiality of your User Account and are required to possess compatible devices and an internet connection that are compatible with the Platform and Services. Exude Vincom Private Limited reserves the right to reject or approve your registration without prior notice.
When you register, Exude Vincom Private Limited stores your User Data. You are not required to log in each time you access or use the Platform. By agreeing to these Terms, you grant us permission to track, download, and utilise your User Data, including Personal Data, for authentication purposes and to facilitate updates to your credentials.
LICENCE:
To utilise the Services, you must download and install the app. By accessing and using the Services, you confirm that you are of legal age and possess the ability to understand, agree to, and abide by these Terms. You are granted a limited right to download, install, access, and use the App on your mobile phone, tablet, or other compatible devices. While Exude Vincom Private Limited reserves the right to provide maintenance and support, it is not obligated to do so. You have the option to subscribe to updates and upgrades through the Online Stores. However, if you choose not to update or upgrade, certain features or functions may not be available to you. It is important to note that the App is licensed to you, not sold, and you may only use it in accordance with these Terms.
RESTRICTIONS:
By using our Platform and Services, you agree to the following terms and conditions: You must not engage in fraudulent activities or misuse the Platform for illegal purposes. Copying, selling, or reselling any part of the Platform is strictly prohibited. Additionally, you are not allowed to upload prohibited content or engage in behaviour that is harmful, threatening, abusive, harassing, or offensive. Impersonating others or manipulating content origins is prohibited. Unsolicited advertising, spam, or any form of unauthorised solicitation on the Platform is not allowed. Uploading or distributing malicious software or engaging in activities that disrupt or damage the Platform or associated networks is strictly prohibited. You must also comply with all applicable laws and regulations. Don't upload anything that contains software viruses or any computer code, files, or programmes that are designed to disrupt, damage, or limit the performance of any computer software, hardware, or telecommunications equipment available on the Platform.
Don't do anything that stops people from talking to each other or participating in live discussions. Don't try to sabotage the Platform, any networks connected to it, or any rules and regulations that these networks have set. And don't break any laws or regulations that have the force of law, either intentionally or unintentionally.CONTENT AVAILABLE:
note that while using our Platform, we do not make any warranties regarding the available content, including data files, text, software, audio files, images, or videos. We are not responsible for any content posted or made available through the Platform, unless specifically stated otherwise in these Terms.
PROPRIETARY RIGHTS OF THE COMPANY:
By registering with us, you grant us full rights, including intellectual property rights, to the content and Platform. You also agree to respect and use any logos, service marks, or trademarks associated with our Platform. Unauthorised use of such intellectual property may violate applicable laws. Please be aware that your registration implies your commitment to utilising our services.
LINKS TO THIRD-PARTY SITES:
The Platform may contain links to websites, applications, or services operated by third parties ("Third-Party Websites"). These links are provided solely for the convenience of users and do not constitute an endorsement, recommendation, approval, or association by Exude Vincom Private Limited.
Exude does not control, operate, or take responsibility for the content, privacy practices, security, availability, or accuracy of information provided on such Third-Party Websites. Accessing any Third-Party Website through links available on the Platform shall be at the user's own discretion and risk.
Users are advised to review the terms and conditions and privacy policies of such Third-Party Websites before accessing or using their services. Exude shall not be liable for any loss, damage, or consequences arising from the use of or reliance on any third-party websites, products, services, or information.
THIRD-PARTY ADVERTISEMENTS:
The Platform may display advertisements or promotional content from third parties. The presence of such advertisements does not constitute an endorsement, recommendation, or approval by Exude of the advertised products, services, businesses, or offerings. Users who choose to engage with third-party advertisers are advised to conduct their own due diligence and obtain any information necessary before entering into transactions or arrangements. Any interactions, communications, purchases, or agreements with third-party advertisers are solely between the user and the relevant third party. Exude Vincom Private Limited shall not be responsible or liable for any loss, damage, dispute, or consequence arising from or relating to such interactions, transactions, products, services, or advertisement.ANCILLARY SERVICES
The Platform may offer additional services from time to time, including but not limited to chat rooms, blogs, feedback and review sections, and other periodic features. These services may be operated directly by us or by third-party service providers acting on our behalf.
You must not use, or allow others to use, these services for any unlawful or prohibited activities, including defamation, abuse, harassment, stalking, threats, discrimination, racism, or any other conduct that infringes upon the rights of others or violates applicable laws.
The Platform may also include content, opinions, advice, or statements provided by experts, analysts, or other third parties. While we may make such content available for informational purposes, we do not guarantee its accuracy, completeness, reliability, or suitability. You are solely responsible for evaluating the legitimacy, relevance, and usefulness of any information, advice, opinions, services, or statements before relying on them.
All information available on the Platform is provided for general informational purposes only and does not constitute legal, financial, tax, investment, or any other form of professional advice. Such information is not intended to address your specific circumstances.
Exude Vincom Private Limited reserves the right, at its sole discretion, to modify, update, edit, remove, or otherwise change any content or information available on the Platform at any time. We shall not be liable for any claims, damages, losses, or consequences arising from such modifications or removals.
Nothing contained on the Platform shall be interpreted as a recommendation, endorsement, or guarantee. We do not warrant that the use of any content, materials, or information provided through the Platform will not infringe upon any patents, intellectual property rights, or other rights of third parties.
TERMINATION:
Exude Vincom Private Limited reserves the right to terminate these Terms under specific circumstances, including but not limited to:Failure to make the necessary payments will result in the forfeiture of all rights and licences granted under these Terms, and you must immediately cease using the Platform and Services while fulfilling your outstanding obligations.
Please note that the above information has been summarised for clarity and convenience. For a comprehensive understanding of the Terms and Conditions, we strongly advise reviewing the entire document. If you have any questions or concerns, please feel free to contact us.
DISCLAIMER OF WARRANTIES:
By accessing or using the Services and Platform, you acknowledge and agree that such use is undertaken entirely at your own risk. The Services and Platform are provided on an "as is" and "as available" basis, without any representations or warranties of any kind, whether express or implied.
To the fullest extent permitted by applicable law, Exude Vincom Private Limited disclaims all warranties, including but not limited to implied warranties of merchantability, fitness for a particular purpose, title, and non-infringement of intellectual property rights.
Any materials, content, software, or information downloaded, accessed, or otherwise obtained through the Platform are done so at your sole discretion and risk. You shall be solely responsible for any damage to your computer systems, devices, software, or loss of electronic data resulting from such downloads or access.
If you rely on any advice, information, or materials provided by Exude Vincom Private Limited, whether communicated orally or in writing, and subsequently use the Services or Platform, you assume full responsibility for any consequences arising from such reliance, including any misuse or improper use of the Services.
Exude Vincom Private Limited shall not be liable for any damages, losses, or claims arising from your use of the Services or Platform, except where expressly stated otherwise in these Terms.
We do not warrant or represent that the Content available on the Platform is complete, accurate, reliable, or up to date. We further do not guarantee that the Services or Platform will be uninterrupted, timely, secure, error-free, or free from defects. Additionally, we do not warrant the accuracy, reliability, or suitability of any results obtained through the use of the Services or Platform.
INDEMNITY:
By agreeing to this Agreement, you agree to indemnify and hold harmless Exude Vincom Private Limited, its subsidiaries and affiliates, officers, employees, agents, co-branders, other partners, and representatives from any third-party claims or demands, including attorneys' fees, arising from:FORCE MAJEURE:
Exude Vincom Private Limited shall not be held liable, under any circumstances, for any damages, losses, or disruptions suffered by the Platform due to the non-delivery of the Services, directly or indirectly, as a result of natural events, forces, or causes beyond the reasonable control of Exude Vincom Private Limited. Such events may include, but are not limited to, internet failure, computer equipment failure, telecommunication equipment failure.