Single Line Registration:- I/ We agree to Register on Loans4SME, I/We accept all the terms and condition as mention below
This document is an electronic record in terms of Information Technology Act, 2000 and rules there under as applicable and the amended provisions pertaining to electronic records in various statutes as amended by the Information Technology Act, 2000. This electronic record is generated by a computer system and does not require any physical or digital signatures.
The domain name www.loans4sme.com (hereinafter referred to as “Website”) is owned by Aurus Lending Solutions Private Limited, a company incorporated under the Companies Act, 2013 with its registered office at Loans4sme, 91springboard, B wing, 6th floor, Ackruti Trade Centre, MIDC, Andheri - east, Mumbai - 400093. MH (hereinafter referred to as “Loans4SME”).
For the purpose of these AUP, wherever the context so requires “You” or “User” shall mean any natural or legal person who has agreed to become a Borrower on the Website by providing Registration Data while registering on the Website as Registered User using the computer systems. Loans4SME allows the User to use the website without registering on the Website. The term “We”, “Us”, “Our” shall mean Aurus Lending Solutions Private Limited i.e. Loans4SME.
- Using Loans4SME.
You agree and understand that www.loans4sme.com is an internet enabled electronic platform that facilitates loans to small businesses (“Borrowers”). These loans are offered by individuals/institutional persons (“Lenders”). If you transact on the Website, You shall be subject to the policies that are applicable to the Website for such transaction. By mere use of the Website, You shall be contracting with and these terms and conditions including the policies constitute your binding obligations, with Loans4SME.
While making use of Website and other services such as the discussion forums, comments and feedback and other services interalia, You will post in the appropriate category or area and You agree that Your use of the Website shall be strictly governed by this AUP including the rules, guidelines, policies, terms, and conditions applicable for listing of Your content or comment and to such services as may be used by You which shall not violate the prohibited and restricted items policy (herein after referred to as the “Listing Policy”.) The Listing Policy shall be read as part of this AUP and is incorporated in this AUP by way of reference and shall be considered as part and parcel of this AUP.
We reserve the right, at Our sole discretion, to change, modify, add or remove portions of these AUP, at any time without any prior written notice to You. It is Your responsibility to review these AUP periodically for updates / changes. Your continued use of the Website following the posting of changes will mean that You accept and agree to the revisions. As long as You comply with these AUP, We grant You a personal, non-exclusive, non-transferable, limited privilege to enter and use the Website.
- “Your Information”is defined as any information You provide to us or other users of the Website during the registration o, transacting process.
- You agree that Your Information:
If You use the Website, You are responsible for maintaining the confidentiality of Your user ID, password, email address and for restricting access to Your computer, computer system, computer network, and You are responsible for all activities that occur under Your user ID and password. You agree that if You provide any information that is untrue, inaccurate, not current or incomplete or We have reasonable grounds to suspect that such information is untrue, inaccurate, not current or incomplete, or not in accordance with this AUP, We shall have the right to indefinitely suspend or terminate or block access of on the Website and refuse to provide You access to the Website.
- Other terms
- You shall not use any “deep-link”, “page-scrape”, “robot”, “spider” or other automatic device, program, algorithm or methodology, or any similar or equivalent manual process, to access, acquire, copy or monitor any portion of the Website, or in any way reproduce or circumvent the navigational structure or presentation of the Website or any content, to obtain or attempt to obtain information through any means not purposely made available through the Website. We reserve our right to bar any such activity.
- You shall not attempt to gain unauthorized access to any portion of the Website, or any other systems or networks connected to the Website or to any server, computer, network, or to any of the services offered on or through the Website, by hacking, password “mining” or any other illegitimate means.
- You shall not probe, scan or test the vulnerability of the Website or any network connected to the Website nor breach the security or authentication measures on the Website or any network connected to the Website. You may not reverse look-up, trace or seek to trace any information on any other User of Website, or exploit the Website or any service or information made available or offered by or through the Website, in any way where the purpose is to reveal any information, including but not limited to personal identification or information, other than Your own information, as provided for by the Website.
- You agree not to use any device, software or routine to interfere or attempt to interfere with the proper working of the Website or any transaction being conducted on the Website, or with any other person’s use of the Website.
- You may not forge headers or otherwise manipulate identifiers in order to disguise the origin of any message or transmittal You send to Us on or through the Website or any service offered on or through the Website. You may not pretend that You are, or that You represent, someone else, or impersonate any other individual or entity.
- You may not use the Website or any content for any purpose that is unlawful or prohibited by these AUP, or to solicit the performance of any illegal activity or other activity which infringes the rights ofLoans4SME, and / or others.
We reserve the right, but have no obligation, to monitor the materials posted on the Website. Loans4SME shall have the right to remove or edit any content that in its sole discretion violates, or is alleged to violate, any applicable law or either the spirit or letter of these AUP. In no event shall Loans4SME, assume or have any responsibility or liability for from use of content on the Website.
Use of www.loans4sme.com, is available only to companies/firms and persons, who are incorporated or citizens of the Republic of India, who are 18 yrs of age and above and persons who can enter into a legally binding contract under Indian Contract Act, 1872, and or are not barred by any law for the time being in force. Persons who are “incompetent to contract” within the meaning of the Indian Contract Act, 1872 including minors, un-discharged insolvents etc. are not eligible to use the Website. If You access Loans4SME, not as an individual but on behalf of a legal entity, You represent that You are fully authorized to do so. Loans4SMEreserves the right to refuse to provide You with access to the Website if it is brought to Loans4SME’s notice or if it is discovered that You are in breach of this provision of AUP.
- Abuse of Loans4SME
We reserve the right to limit or terminate our services and further take all reasonable technical and legal steps to prevent the misuse of the Website in keeping with the letter and spirit of this AUP. In the event You encounter any problems with the use of our site or services You are requested to report the problem by clicking on this link [email protected]
- Violations by User
You agree that in the event Your information violates any provision of this AUP or the listing policy, we shall have the right to refuse to provide You or any person acting on Your behalf, access to the Website.
- Transactions and Communications on Website
We provide an independent online service which enables you to purchase products or services provided by third parties whilst using this Website. You are responsible for obtaining access to this Website, and that access may involve third-party fees (such as Internet service provider or airtime charges).
We receive a fee and/or commission from the third party product or service providers when you use our service to purchase products or services from them.
We also provide an independent service which enables you to obtain advice and assistance offline (for example – by calling on the Toll Free Number provided by this Website) after using this Website either from us or from a third party advisor in connection with certain financial and other products or services. We do not charge you any fees or commissions for this service, however, we may collect fees and/or charges from you for certain specialized services or in case of certain special certain circumstances or otherwise, for which we will keep you informed well before collecting such fees and/or charges.
By making use of this Website and furnishing your personal/contact details, you hereby agree that you are interested in availing and purchasing the services that you have selected. You hereby agree that Loans4SME may contact you either electronically or through phone, to understand your interest in the selected products and services and to fulfill your demand. You also agree that Loans4SME reserves the right to make your details available to any of our authorized members/ agents or partners and you may be contacted by them for information and for sales through email, telephone and/or sms. You agree to receive promotional materials and/or special offers from Loans4SME through email or sms. If you disagree with this AUP, please do not use this website.
Please be aware that information provided on this Website is provided for general information purposes only. You should always check the suitability, adequacy and appropriateness of the product or service that is of interest to you and it is your sole decision whether to obtain or refrain from obtaining any product or service. If you are in any doubt as to the suitability, adequacy or appropriateness of any product or service referred to on this Website, we suggest that you seek independent professional advice before you obtain any product or service via this Website.
From time to time, this website may also include links to other websites. These links are provided for your convenience to provide you with further information. We do not hold ourselves responsible for the content or accuracy or adequacy reliability of the linked website(s).
This Web Site may contain advertising and sponsorship. Advertisers and sponsors are responsible for ensuring that material submitted for inclusion on the Website is accurate and complies with applicable laws. We will not be responsible for the illegality of or any error or inaccuracy in advertisers’ or sponsors’ materials.
Please be aware that nothing on this Website is, or shall be deemed to constitute, an offer by us or any third party to sell to you any product or service or to enter into any contract with you in respect of any product or service. By submitting your details, you are making an offer to obtain the relevant product or service from the relevant third party on its terms and conditions that may be accepted or rejected. The contract for the product or service will only be concluded once your offer has been accepted. You will receive confirmation when your offer has been accepted.
We aim to provide uninterrupted access to this Website but we give no warranty as to the uninterrupted availability of this Website. We reserve the right to suspend, restrict or terminate your access to this Website at any time.
We reserve the right to add, amend, delete, edit, remove or modify any information, content, material or data displayed on this Website and without notice from time to time.
You are responsible for obtaining access to this Website, and that access may involve third-party fees (such as Internet service provider or airtime charges). We receive a fee and/or commission from the third party product or service providers when you use our service to purchase products or services from them.
We also provide an independent service which enables you to obtain assistance offline (for example – by calling on the Toll Free Number provided by this Website) after using this Website either from us or from a third party advisor in connection with certain financial and other products or services. We do not charge you any fees or commissions for this service, however, we may collect minimum fees and/or charges from you for certain specialized services or in case of certain special certain circumstances or otherwise, for which we will keep you informed well before collecting such fees and/or charges.
We may pass your card details and personal details, as necessary, to the relevant third party, who may take payment for the product or service in accordance with its terms and conditions. We reserve the right to charge you any handling fees that we or the relevant third party may incur in respect of your application. You will be informed of any such charges before they are incurred.
Changes to the Fee Policy shall be posted on the Website and such changes shall automatically become effective immediately after they are posted on the Website. Unless otherwise stated, all fees shall be quoted in Indian Rupees. You shall be solely responsible for compliance of all applicable laws including those in India for making payments to Loans4SME.
The Website contains content which includes Your Information, Loans4SME’s information and information from other users. You agree not to copy, modify, or distribute such content (other than Your Information), Loan4SME’s copyrights or trademarks.
Except as expressly provided in these AUP, no part of the Website and no Content may be copied, reproduced, republished, uploaded, posted, publicly displayed, encoded, translated, transmitted or distributed in any way including ‘mirroring’ to any other computer, server, Website or other medium for publication or distribution or for any commercial enterprise, without Loans4SME’s express prior written consent.
You may use information on the services purposely made available on the Website for downloading, provided that You 1. do not remove any proprietary notice language in all copies of such documents. 2. use such information only for Your personal, non-commercial informational purpose and do not copy or post such information on any networked computer or broadcast it in any media. 3. make no modifications to any such information 4. do not make any additional representations or warranties relating to such documents.
- Disclaimer of Warranties and Liability
This Website, all the services, included on or otherwise made available to You through this site are provided on “as is” and “as available” basis without any representation or warranties, express or implied except otherwise specified in writing. Without prejudice to the forgoing paragraph, Loans4SME does not warrant that:
- This Website will be constantly available, or available at all; or
- The information on this Website is complete, true, accurate or non-misleading.
Loans4SME will not be liable to You in any way or in relation to the Contents of, or use of, or otherwise in connection with, the Website. Loans4SME does not warrant that this site; information, Content, or services made available to You through the Website; servers; or electronic communication sent from Us are free of viruses or other harmful components.
Nothing on Website constitutes, or is meant to constitute, advice of any kind.
You agree not to hold www.loans4sme.com or any of its officers, employees, agents responsible or accountable for any of Your information and nor shall we, our officers, employees or agents be liable for any misuse, illegal activity nor are we in a position to have editorial control over the substance or content contained in the information, save and except to the extent provided in sec 3 above.
You understand and agree that, We do not guarantee the accuracy or legitimacy of any information by other users. You further agree that we are not liable for any loss of money, or any special, indirect, or consequential damages arising out of Your use of the site or as a result of any services with other users of the site. We also cannot guarantee continuous or secure access to our Services. Accordingly, to the extent legally permitted we exclude all implied warranties, of merchantability, fitness or quality of the Website and our services.
You will be required to enter a valid phone number while registering on the Website. By registering Your phone number with us, You consent to be contacted by Us via phone calls and/or SMS notifications, in case of any order or shipment or delivery related updates. We will not use Your personal information to initiate any promotional phone calls or SMS.
- Personal Information
We may update this AUP or the listing policy at any time and may notify You of such updates via a post on the boards and /or through email communications. The modified AUP and /or Listing Policy shall come into effect either at the time You place Your next information on the Website. If we or our corporate affiliates are involved in a merger or acquisition, we may share personal information with another company, but this AUP shall continue to apply.
- Third Party Content and Services
The User should agree to indemnify and hold Loans4SME, its officers, subsidiaries, affiliates, successors, assigns, directors, officers, agents, service providers and employees, harmless from any claim or demand, including reasonable attorney fees and court costs, made by any third party due to or arising out of users use of the service, violation of the AUP, breach by the User of any of the representations and warranties herein, or user’s violation of any rights of another (including infringement of intellectual property rights) of a third party or Your violation of any law, rules or regulations or the rights.
- Governing Law & Jurisdiction
This AUP and the Listing Policy shall be governed and construed in accordance with the laws of the Republic of India and the courts at Mumbai shall have exclusive jurisdiction on all matters and disputes arising out of and relating to the Website
Unless otherwise specified, the services on the Website is presented solely for the purpose of sale in India. Loans4SME makes no representation that services available on the Website are appropriate or available for use in other locations/Countries other than India. Those who choose to access this site from other locations/Countries other than India do so on their own initiative and Loans4SME is not responsible for supply of services from other locations/Countries other than India, compliance with local laws, if and to the extent local laws are applicable.
- Trademark, Copyright and Restriction
This site is controlled and operated by Loans4SME. All material on this site, including the design, layout, look, appearance and graphics, are protected by copyrights, trademarks, and other intellectual property rights. Material on Website is solely for Your personal, non-commercial use. You must not copy, reproduce, republish, upload, post, transmit or distribute such material in any way, including by email or other electronic means and whether directly or indirectly and You must not assist any other person to do so. Without the prior written consent of the owner, modification of the materials, use of the materials on any other website or networked computer environment or use of the materials for any purpose other than personal, non-commercial use is a violation of the copyrights, trademarks and other proprietary rights, and is prohibited. Any use for which You receive any remuneration, whether in money or otherwise, is a commercial use for the purposes of this clause.
Loans4SMErespects the intellectual property of others. In case You feel that Your Trademark has been infringed, You can write to Loans4SME at [email protected]
- Product Description
Loans4SME does not warrant that content of this Website is accurate, complete, reliable, current, or error-free and assumes no liability in this regard.
- Limitation of Liability
You agree to pay any fees and/or other charges incurred by you in accordance with any payment provisions set out on this Website from time to time.
Payment methods other than those as stated on this Website will not be accepted. We may pass your card details and personal details, as necessary, to the relevant third party, who may take payment for the product or service in accordance with its terms and conditions. We reserve the right to charge you any handling fees that we or the relevant third party may incur in respect of your application. You will be informed of any such charges before they are incurred.
Payment for products or services should be made to the relevant third party’s website when applying for the products or services directly from any third party.
All payments made against the purchases/services on Website by You shall be compulsorily in Indian Rupees acceptable in the Republic of India. Website will not facilitate transaction with respect to any other form of currency with respect to the purchases made on Website.
Loans4SME reserves the right to refuse to process Transactions by Borrowers with a prior history of questionable charges including breach/violation of any law or any charges or breach of any policy.
Loans4SME will not be liable for any damages, interests or claims etc. resulting from not processing a Transaction/Transaction Price or any delay in processing a Transaction/Transaction Price which is beyond control of Loans4SME.
- Compliance with Laws:
Borrowers and Lenders shall comply with all the applicable laws (including without limitation Foreign Exchange Management Act, 1999 and the rules made and notifications issued there under and the Exchange Control Manual as may be issued by Reserve Bank of India from time to time, Customs Act, Information and Technology Act, 2000 as amended by the Information Technology (Amendment) Act 2008, Prevention of Money Laundering Act, 2002 and the rules made there under, Foreign Contribution Regulation Act, 1976 and the rules made there under, Income Tax Act, 1961 and the rules made there under, Export Import Policy of government of India) applicable to them respectively for using Loans4SME Website.
- Disputes (Resolutions) Policy
Your use of this website and any dispute arising out of such use of the website is subject to the laws of India and exclusive jurisdiction of the courts of Mumbai.
We use users’ personal information to:
- provide our services: effect payment
- encourage safe trading and enforce our policies
Unauthorised use of Loans4SME website may give rise to a claim for damages and criminal offence against person attempting unauthorised use.
- All information contained by Loans4SME is treated as strictly confidential and Loans4SME does not and will not disclose or share such confidential information to / with any external organization except demanded by Government of India
- The users’ privacy is very important to us. We do not and shall not at any point in time, either sell or rent users’ personal information to third parties without users’ explicit consent
- We may be required from time to time to disclose users’ personal information to Governmental or law enforcing agencies or our regulators, but we will only do so under proper authority
- Loans4SME also reserves the right to make use of the personal information in any investigation or judicial process relating to fraud on account of such transactions during the period Loans4SME retains such information
- We may also disclose personal information to enforce our policies. We may also share personal information with:
- Corporate affiliates who help detect or prevent potentially illegal acts and provide joint services (Our corporate affiliates will market only to users who ask them to)
- Service providers who help with our business operations
Access, Modification, and Deletion. You can modify or erase Your personal information by reviewing account status page. Contact customer support at [email protected], to review any personal information we store that is not available on Loans4SME. There may be a charge associated with such requests but these will not exceed the amounts permitted by law. We delete personal information when we no longer need it for the purposes we described earlier. We retain personal information as permitted by law to resolve disputes, enforce our policies.
Data Security. We use a mechanism (We encrypt certain sensitive information using Secure Socket Layer (SSL) technology) ) to protect the security and integrity of Your personal information against unauthorized access and disclosure. Unfortunately, no data transmission over the internet can be guaranteed to be completely secure. So while we strive to protect such information, we cannot ensure or warrant the security of any information You transmit to us and You do so at Your own risk. Once any personal information comes into our possession, we will take reasonable steps to protect that information from misuse and loss and from unauthorized access, modification or disclosure.
In the interest of keeping the process easy and simple, after we receive your first Notice of Infringement in hard copy, future notices can be sent to Us by email at [email protected]
Note: In your notice of infringement, you shall be required to identify the individual which is using your personal information. General notices shall not be accepted.
We are happy to receive such information, but must advise that we may be limited in Our ability to respond to your request absent formal notice.
Notice of Infringement
Aurus Lending Solutions Private Limited
I, [name] ____________________________ of [address] _________________________ do solemnly and sincerely declare as follows:
- I am the owner of certain intellectual property rights, said owner being named __________________ (“IP Owner”).
- I have a good faith belief that the item identified in the annexure attached hereto are not authorised by the above IP Owner, its agent, or the law and therefore infringe the IP Owner’s rights. Please expeditiously remove or disable access to the material or products claimed to be infringing.
- I may be contacted at:
Title & Company ________________________________________________________
Email (correspondence) ___________________________________________________
Date _________________________________________________________________ and I make this declaration conscientiously believing it to be true and correct.
Declared by ______________________________ on [date] ___________________________________ in [place]________
Addendum to Notice of Infringement:
List of Allegedly Infringing Materials
- 5. Software is being offered without any license or in violation of a license
- 6. Item(s) is an unlawful copy;
- 8. Item(s) is unlawful duplication of printed material
- Copyright-listing content infringement
- 9. Listing(s) comprises unauthorized copy of copyrighted text
- 10. Listing(s) comprises unauthorized copy of copyrighted image
- 11. Listing(s) comprises unauthorized copy of copyrighted image and text
- Reason Code: _____________________________________________________________
- infringed: _________________________________________________________
- Item Number(s): ___________________________________________________________
- Note: 1. Please provide the evidence as to the ownership of copyright.
All such Notices of Infringement shall be sent to [email protected] .
In case of any complaints or disputes with references to the contents on the Website you can contact the below mentioned Grievance Officer:
Simmi Sareen, CEO