You and Insta Rupees, hereinafter referred to as "Insta Rupees," hereby agree to be bound by the terms outlined in this Agreement by using our services, whether by clicking the "I Agree" or "I Accept" button, or by downloading, installing, or using the services offered. Please do not click "I Accept" or "I Agree," to download, install, or use our services if you do not accept the conditions that are displayed to you.
The term "Lender" designates a bank or non-bank financial institution (NBFI) with whom Insta Rupees has a loan-sanctioning agreement. The Lender approves, manages, and provides loans to consumers via the Platform.
The phrase "Company" or "we" refers to Insta Rupees, a business that is duly incorporated and has its registered office at 122, Arihant Nagar, Punjabi Bagh (West), New Delhi, Delhi, India - 110026, as per the Companies Act of 2013.
"Customer," "You," or "End-User": Any individual who accesses, makes use of, views, or saves the Platform and the Services it offers.
"Loan": The financial assistance that Platform users may request. The Lender grants and disburses the loan by the terms stated in the loan agreement.
"Loan Agreement": The written or electronic contract that contains all of the specific terms and conditions of the loan and is signed by the lender and the customer(s).
"Online Store" refers to any website or digital retailer where Insta Rupees makes its services available for consumers to utilise.
"Outstanding Amount": The overall loan sum that debtors are obligated to pay back by the deadlines, including interest and associated costs. The Insta Rupees Website, which provides clients with access to and use of the services provided, are referred to alternately as the "Platform" and the "Website."
"Services": The numerous methods that the Lender can use the Platform to sanction, consent, and pay short-term loans.
The term "Third-Party Platforms" refers to websites and online spaces that are not directly under Insta Rupees control but may be used for social networking. These platforms, as examples, include Facebook, LinkedIn, and related websites.
All information that clients of Insta Rupees supply to the business before or after using the services is referred to as "User Data" in this document.
"Website": Refers to the domain name [Insta Rupees], which Insta Rupees manages and controls to support the provision of Services.
It should be noted that the [122, Arihant Nagar, Punjabi Bagh (West), New Delhi, Delhi, India - 110026] and [Insta Rupees] should be changed to reflect Insta Rupees actual registered office location and website domain name.
You must create a "User Account" with Insta Rupees by logging in with your favourite Third-Party Platform to access and use our Services. You will be asked to submit user information via the website during the application process. The data may be your email address, name, age, date of birth, telephone number, user name, password, image, contact details, mobile phone information (such as SMS and browsing history), login information for third-party platforms, financial information (such as bank documents, statements, salary slips), bank account numbers, PAN cards, customer compliance-related data, information from credit information companies, and other pertinent data. You are accountable for making sure all of your personal information is true, complete, and current. You authorise us to access and obtain all essential data and private information from third-party platforms if you use our services. Please be aware that from time to time, we might ask the relevant third-party platforms for updates to your data and receive them.
Insta Rupees will rigorously follow your particular instructions in all transactions carried out on your behalf, and you will need to approve them in advance. Our business runs on a non-discretionary system. You authorise Insta Rupees to request credit reports from several financial institutions following the terms of this agreement. The review and approval of your application will start as soon as you have confirmed and submitted the relevant user data, paperwork, and information using the Insta Rupees application form.
If you satisfy the necessary criteria for eligibility and adhere to the loan acceptance terms and conditions, the Lender can grant the loan request after our firm has completed the document validation procedure. The ECS/NACH authorization form, a cheque, or any other pertinent paperwork that the Lender requests will then need to be filled out and submitted by you. To process and approve loans, our organisation may gather physical documents, including those that call for signatures. Once the lender has received and reviewed these papers by the loan agreement, the loan amount will be issued.
The loan will be disbursed using the procedure mentioned on the website. By the dates specified in your application form, you must pay back the loan balance to the lender.
While utilising the Services, Insta Rupees reserves the right to monitor your whereabouts to make sure that all of your responsibilities, including paying back the Lender's unpaid sum, are met. This monitoring's goal is to guarantee adherence to all responsibilities up until the full repayment of the remaining balance owed to the Lender.
Please be aware that Insta Rupees retains its right to monitor where you are at all times while you use the services, until the point at which you are no longer liable for paying the Lender's outstanding sum.
You are still liable for paying off any unpaid balances even if you deactivate our Services or cease using them. You accept that Insta Rupees shall not be responsible for any claims, damages, or disputes originating from the proper or improper use of the Services and undertake to take sole responsibility for all actions undertaken while using the Services under your User Account. By utilising the Services, you agree that maintaining the privacy of your User Account and any related behaviour is solely your responsibility. Without giving a reason, Insta Rupees reserves the right to accept or reject your request for the Services. You further acknowledge that for the Platform and Services to operate properly and for interaction to be successful, you must have access to a computer or other electronic device that satisfies all technical requirements for software, hardware, connectivity to the internet, and other elements
Insta Rupees securely stores the User Data you submitted throughout the registration procedure for your convenience. The Platform can be accessed without logging into your User Account each time. By agreeing to these conditions, you expressly grant us permission to keep track of, retrieve, and use your personal information along with that of other users to carry out authentication procedures and to send you account-related updates.
The following guidelines must be followed when using Insta Rupees:
Prohibited Behaviours: You shall abstain from engaging in any illegal or criminal activity by using the Platform or Services. Any component of the website may not be reproduced, duplicated, copied, sold, resold, or otherwise exploited by you.
Prohibited Materials: It is completely forbidden to upload, post, email, transmit, or make available any damaging, threatening, abusive, harassing, tortious, defamatory, vulgar, obscene, libellous, or objectionable content based on a person's race, ethnicity, or other characteristics.
Unsolicited Requests: Use of the Platform to disseminate unauthorised or unsolicited solicitations, such as "junk mail," "spam," "chain letters," "pyramid schemes," or comparable sorts of solicitations, is forbidden.
Contaminated Content: It is expressly forbidden to upload, post, email, share, or share any content on the Platform that has computer viruses or other types of malicious computer code, files, or programmes designed to obstruct, disable, or restrict the functionality of computer software, hardware, or telecommunications devices.
Infractions and Interference: It is expressly forbidden to engage in any actions that hinder regular communication, restrict other users from taking part in live discussions, or attempt to compromise the Platform or any related networks in breach of their rules.
Following the law: Any applicable municipal, state, national, or international rules or regulations must not be broken, whether intentionally or unintentionally.
Please be aware that breaking any of these guidelines could result in your access to the Insta Rupees platform and services being terminated.
Concerning the content available via the Platform or Services, Insta Rupees provides no promises or assurances. Data files, text, numbers, code for computers, audio files, images, videos, and other visual components could all be included in the content. Any content that a user uploads, shares, links to, or otherwise makes available on the Platform is strictly their responsibility. Insta Rupees disclaims all responsibility for any injury resulting from the use of any incorrect, lacking, or missing information.
Except as otherwise provided under these Terms, nothing contained on the Platform should be interpreted as an official invitation, promotion, or suggestion to buy or sell any financial products or services offered by Insta Rupees or its subsidiaries.
You agree that all intellectual property rights concerning the Platform's content, platform, services, brands, trade names, trademarks, designs, and any essential software belong exclusively to Insta Rupees. This covers every ownership, title, and interest in the associated intellectual property rights. The Platform may also feature logos, service marks, and trademarks that belong to or are utilised by other businesses. However, unless expressly permitted, you cannot utilise any logos, service marks, or trademarks on the Platform. It may be against the law to utilise this intellectual property without permission.
You should be aware that these terms do not provide you or any other party with ownership rights in the Platform. Responsibility, rights, and titles continue to belong to Insta Rupees. However, as long as your registration with the business is active, you are permitted access to the services offered by Insta Rupees.
There is a chance that the Insta Rupees platform will link to other websites, often known as "Linked Websites," that are run by unaffiliated third parties and are not members of the Insta Rupees network. The information on these Linked Websites is subject to change without notice, and Insta Rupees expressly disclaims all responsibility for the accuracy of the information on these websites or any links contained within. Regarding the veracity of the information on external websites, Insta Rupees provides no guarantees or declarations.
On the Insta Rupees platform, third-party adverts might also be shown. However, the existence of these adverts does not signify that Insta Rupees has given the advertiser its goods, or services, sponsorship or approval. For information on the adverts and any related goods or services, you should get in touch with the specific advertiser directly. For any problems that might result from your interactions with third parties, Insta Rupees expressly disclaims all obligations and accountability.
Insta Rupees offers extra features including chat rooms, blogs, comments, reviews, and other similar services that may be provided by us directly or by third parties on our company's behalf. The use of our services for any illegal activities, such as defamation, abuse, stalking, harassment, threats, or supporting racism, is categorically banned. It is completely forbidden to take any activities that break the law or violate another person's right to privacy.
Please be aware that the Platform might contain suggestions, viewpoints, and remarks from different professionals, analysts, and experts. Insta Rupees does not, however, support or attest to the truthfulness or dependability of any such recommendations, views, conclusions, statements, or information. You must independently evaluate any such recommendations, views, services, declarations, or information offered on the Platform to determine its accuracy and application
Furthermore, nothing on the Platform, including the content, ought to be taken into consideration as professional advice in the fields of law, accounting, tax, finance, or investment. The Platform doesn't offer any recommendations or advice in particular. At any moment, Insta Rupees may update, amend, modify, or remove any information on the Platform. However, Insta Rupees won't be held responsible for any ensuing claims or losses brought on by such modifications. It's critical to realise that nothing on the Platform should be interpreted as an endorsement for a certain approach or solution. Insta Rupees makes no express or implied promise or warranty that using any items or techniques indicated on the Platform won't violate any patents or other rights, but this possibility exists.
In the following situations, the Company maintains the right to end these terms:
The Company further reserves the right to keep an eye on your behavior, even after these terms expire, including the settlement of any unpaid debts, are met. You shall forfeit any licences and rights granted to you upon termination of these terms, and you must stop using the Platform and its services straight away. You will also be in charge of paying any unpaid debts. Please be aware that even if the agreement is terminated, you are still responsible for any outstanding debts.
You agree that using the Insta Rupees Platform and its Services is solely your own responsibility and judgment. The Platform and Services are made available "as is" and "as available." All representations and implied guarantees, such as those of merchantability, suitability for a specific purpose, and non-infringement, are expressly disclaimed by the Company.
You do so voluntarily and at your own risk if you choose to download or otherwise receive content from the Platform. Any harm to your computer system, loss of electronic data, or data corruption brought on by such downloads is totally your responsibility. The Company makes no guarantees or representations of any kind, either express or implied, about the truthfulness, fullness, or dependability of any guidance or data gathered through the Company, the Services, or the Platform, whether expressed orally or in writing, except what is expressly stated in these Terms.
You are entirely responsible for making proper use of the Platform and Services and for reporting any improper usage. Only personal, non-commercial use is intended for the Platform and Services. Any losses resulting from the use of the Services that are not expressly indicated in these Terms shall not subject the Company to liability. Regarding the following, the Company makes no guarantees or warranties:
By agreeing to these conditions, you release and hold safe the business, its associated companies, affiliates, managers, representatives, co-branders, partners, and employees from any third-party claims or requests, including the costs of fighting against such claims or demands
This indemnity covers any claims or demands brought against you as a result of your use or abuse of the Insta Rupees Platform or Services, your breach of these Terms, your violation of the rights of other customers, your breach of the law, or any combination of these activities. By agreeing to these conditions, you waive any claims or demands against the Company and any connected parties resulting from your acts or inaction. This covers the costs related to defending against such allegations, such as legal fees.
You understand and acknowledge that, regardless of whether the Company has been updated on the potential for such harm, its executives, employees, authorities, and service providers shall not be accountable for any harm, such as but not restricted to direct, indirect, incidental, special, significant, or exceptional damages. These damages could result from a number of circumstances, including:
You comprehend and identify that, to the greatest extent permitted by relevant laws, the Company shall not be liable for any such damages. The Company shall not be held responsible for any harm, deficiency, or interruption of Platform-related operations that may result from events beyond its reasonable control. Natural disasters, acts or events outside the Company's control, such as interruptions in the machine or telecommunications service, modifications to Reserve Bank of India regulations or those of other government organisations, riots, storms, civil unrest, blackouts of electricity, and floods, are just a few examples of such situations.
The Company will employ ordinary commercial measures to limit any interruptions or delays brought on by unforeseen events, but it disclaims all responsibility for any ensuing indirect losses.
At Insta Rupees, we are committed to safeguarding the security and privacy of our clients. To provide our services, we must collect, share, and handle personal data. To that end, we have put in place a comprehensive privacy policy. You may access our complete privacy declaration by clicking on the following link: https://www.instarupees.com/privacy-policy to gain a thorough understanding of our privacy practices.
In its sole discretion and at any point, Insta Rupees reserves the right to change, delete, suspend, or modify these Terms or any related content. Users will be quickly informed if these Terms change through the publication of the updated terms on the website. You acknowledge and agree to the amended terms by using the services or platform after any such amendments have been made. To be aware of any updates or modifications, we advise examining the conditions frequently.
These Terms or any linked materials may be changed, removed, suspended, or revised at any time by Insta Rupees. Any modifications to these Terms shall be promptly communicated to Users by posting the updated terms on the website. You confirm that you have read, comprehended, and agreed to the new terms by using the platform or services once they have been implemented. To be aware of any updates or modifications, we advise examining the conditions on a frequent basis.
Referral recipients are individuals who participate in the Insta Rupees referral programme with a valid referral code, whilst referrers are those who pass along the referral code. Participants in the referral programme might be either referrers or referees. Both the referrer and the referral receiver are eligible for a discount of Rs. ------ on their subsequent loan payments for each successful reference. Be aware that Insta Rupees retains the right to change the amount stated. The chance to take part in sporadic, widely publicised referral tournaments may also be available to referrers.