(Ver 2.0_Effective January 15, 2021)
This Loan Application – Terms and Conditions (“Terms & Conditions”) is published in compliance of and shall be governed by Indian law, including but not limited to (i) The Indian Contract Act, 1872; (ii) The Information Technology Act, 2000, the rules, regulations, guidelines and clarifications framed thereunder including the Information Technology (Reasonable Security Practices And Procedures And Sensitive Personal Information) Rules, 2011, and the provisions of rule 3 (1) of the Information Technology (Intermediaries Guidelines) Rules, 2011; (iii) The Payment And Settlement Systems Act, 2007 and applicable rules, regulations and guidelines made thereunder; (iv) Bankers’ Book Evidence Act 1891 and (v) ) Reserve Bank of India Act, 1934 and the applicable rules, regulations and guidelines made thereunder. This Terms & Conditions is an electronic record in the form of an electronic contract formed under Information Technology Act, 2000 and rules made thereunder and the amended provisions pertaining to electronic documents / records in various statutes as amended by the Information Technology Act, 2000. This Terms & Conditions does not require any physical, electronic or digital signature.
This Terms & Conditions is a legally binding document between you, True Credits Private Limited and Balancehero India Private Limited (terms defined below). This document will be effective upon your acceptance of the same (in electronic form or by means of an electronic record or other means) and will govern the relationship between you, True balance and True Credits.