PLEASE READ THESE TERMS AND CONDITIONS ("TERMS") CAREFULLY. THESE TERMS CONSTITUTE A LEGALLY BINDING AGREEMENT BETWEEN YOU AND Waqt Finance.
I have read and agreed to the Terms of Use and hereby appoint Waqt Finance
to receive my credit information from credit bureaus, KYC from Government
Regulated Database. By submitting my details, I override my NDNC registration
to authorize Waqt Finance / representatives to contact me through Call, SMS,
Email, Whatsapp or any other mode.
BY CLICKING "I ACCEPT" OR "I AGREE," OR BY DOWNLOADING, INSTALLING,
OR USING THE SERVICES IN ANY MANNER, YOU ACKNOWLEDGE THAT YOU HAVE
READ, UNDERSTOOD, AND AGREE TO BE BOUND BY THESE TERMS.
DEFINITIONS
- Company: Waqt Finance
- User: Any person using the platform
- Services: Loan facilitation services
- Platform: Website and application managed by Waqt Finance
- Loan: Credit facility provided through partnered lenders
- User Data: Personal and financial information submitted by users
DESCRIPTION OF SERVICES
The Platform enables eligible users to apply for loans subject to verification
and validation of required documents and information.
By using the Services, you consent to the Company accessing, importing,
and processing your data for identity verification, credit assessment,
fraud prevention, and operational purposes.
Data obtained from KYC systems, UIDAI, or Government databases shall be
used in accordance with applicable RBI Guidelines and the Prevention of
Money Laundering Act, 2002.
Loan disbursement and repayment obligations shall be governed by the
respective Loan Agreement executed between the borrower and lender.
Customers are responsible for maintaining confidentiality of account
credentials and activities conducted through their account.
CONSENT FOR COMMUNICATION
You expressly authorize Waqt Finance, its representatives, partners,
and affiliates to contact you through Call, SMS, Email, WhatsApp,
or other communication channels for service updates, verification,
recovery communication, and promotional offers.
REGULATIONS
By using the Platform and Services, you agree not to:
- Engage in fraudulent or unlawful activities.
- Copy, reproduce, or misuse any platform content.
- Upload harmful, abusive, defamatory, or illegal content.
- Impersonate another person or entity.
- Transmit malware, viruses, or malicious software.
- Violate any applicable laws or regulations.
CONTENT AVAILABLE
Waqt Finance makes no warranties regarding the completeness,
accuracy, or reliability of content available on the Platform.
The content should not be considered financial or investment advice.
PROPRIETARY RIGHTS
All rights, title, trademarks, logos, designs, software,
and intellectual property related to the Platform belong
exclusively to Waqt Finance.
USE OF THIRD-PARTY SERVICES
Our Platform may rely on third-party APIs and verification services
to provide KYC validation, credit checks, and operational support.
- Surepass
- Novel Pattern
- Credgenics
TERMINATION
Waqt Finance reserves the right to suspend or terminate access
to the Services in case of violation of these Terms, fraud,
non-payment, or legal requirements.
Termination shall not affect repayment obligations or liabilities
owed to the lender.
INDEMNITY
You agree to indemnify and hold harmless Waqt Finance,
its employees, affiliates, agents, and partners from any claims,
damages, liabilities, or expenses arising out of misuse of the Platform
or violation of these Terms.
LIMITATION OF LIABILITY
Waqt Finance shall not be liable for any direct, indirect,
incidental, special, or consequential damages arising from use
or inability to use the Platform or Services.
FORCE MAJEURE
Waqt Finance shall not be held responsible for delays or failure
in performance due to events beyond reasonable control including
natural disasters, internet outages, system failures, or government actions.
YOUR RIGHTS
Access and Update Information
You may request access to or correction of your personal data
maintained by the Company.
Withdraw Consent
You may withdraw consent for data processing subject to legal
and regulatory requirements.
Marketing Opt-Out
You may opt out of promotional communications at any time.
CHANGES TO TERMS
Waqt Finance reserves the right to update or modify these Terms
at any time. Continued use of the Platform shall constitute acceptance
of revised Terms.
DISCLOSURE
The Grievance Redressal Officer under the Consumer Protection Act, 2019 is:
CONTACT INFORMATION
