By downloading and using the LoanNests web application ("the App"), you agree to these Terms and the associated Privacy Policy. If you do not accept these Terms, discontinue use. You confirm that you are at least 18 years old or have parental/guardian consent and are legally competent.
1.1 The App facilitates access to loans and credit services provided by banks, NBFCs, and authorized lenders. It organizes financial transaction data to recommend credit solutions. By using the App, you consent to data sharing with Affiliates and Lenders.
1.2 "Transaction Data" includes financial details from SMS messages sent by service providers, including banks, telecom providers, and utility firms. This includes phone numbers, email addresses, payment details, and transaction specifics.
1.3 The App does not request banking credentials or require login details.
2.1 By using the App, you fully agree to these Terms, including notices and disclaimers.
2.2 The Company may update these Terms, effective 24 hours after posting. You must regularly review updates.
3.1 Users must comply with all relevant laws when using the App.
3.2 The Company does not endorse third-party services unless explicitly stated.
3.3 The Company is not liable for service interruptions due to infrastructure issues.
4.1 Subscription fees may apply; initial usage may be free.
4.2 Payments must be made using Company-approved methods, such as debit or credit cards.
5.1 The Company may suspend or terminate access without notice or liability.
5.2 Misuse or rule violations may result in account suspension or termination.
6.1 The Company does not provide loans directly but facilitates credit applications.
6.2 The Company is not responsible for application rejections or lender decisions.
7.1 The App is provided "as is" without warranties.
7.2 The Company does not guarantee the App will be error-free or free from security risks.
7.3 Users assume all risks associated with App usage.
7.4 Information about third-party services does not imply endorsement.
8.1 The App's design, content, and trademarks are owned by the Company. Unauthorized use may result in legal action.
9.1 You consent to:
10.1 The Company and its partners are not liable for any direct or indirect damages, even if advised.
11.1 Users agree to indemnify the Company from legal claims and damages arising from their App usage.
12.1 These Terms are governed by Indian law. Users outside India accept Indian jurisdiction.
12.2 Disputes will first be attempted to be resolved amicably; unresolved disputes will be referred to arbitration in Bangalore.
13.1 Notices: Official communications must be sent via registered mail or courier.
13.2 Force Majeure: Delays caused by unforeseen events outside the Company’s control do not constitute a breach.
13.3 Severability: If any provision is deemed invalid, the remaining Terms remain in effect.
13.4 No Waiver: Failure to enforce any provision does not waive the Company’s rights.
13.5 Transferability: App access is non-transferable.
13.6 Promotional Communications: By using the App, users consent to receiving promotional messages.