GENERAL TERMS & CONDITIONS
AG STARTUP LABS PRIVATE LIMITED, a Private Limited Company incorporated under Companies Act, 2013, having its office at 138 Village Dariya, Opp. Railway Good Shed, Kishangarh, Chandigarh, India, 160101 (hereinafter referred to as "Service Provider", which expression shall, unless repugnant to the meaning and context hereof shall be deemed to mean and include its successors and permitted assigns) and holding CIN U62013CH2024PTC045612, of the OTHER PART.
We through the Platform shall offer from time to time various types of credit services ("Services") in collaboration with: (a) one or more lending partners like banks, non-banking financial institutions and other financial institutions (collectively referred to as "Lending Partners"); and (b) providers of different products and services which maybe individual or entity with whom KredTap has a contractual relationship excluding the Lending Partner(s) ("Commercial Partners") to you, the user, ("User" or "You") subject to compliance with these general terms and conditions (hereinafter referred to as "Terms & Conditions") along with all other rules, regulations, policies and terms & conditions specified by Us, the Lending Partner(s) and Commercial Partner(s) including the Specific Terms & Conditions (collectively referred to as the "Agreement").
Please read the Terms & Conditions carefully before registering on, accessing, browsing, downloading or using any Services offered on the Platform or any electronic device. We also advise that You may refer to and read the frequently asked questions (FAQs), if any, that are available at the Platform.
Relationship: The Terms & Conditions constitute a principal-to-principal relationship between You and KredTap and are not intended to and do not create any agency relationship. Services provided by KredTap and when availed by You from the Lending Partner and/ or the Commercial Partner, as the case may be, are being provided by KredTap as an independent entity and nothing contained herein shall be deemed: (i) to create any association, partnership, joint venture or relationship of principal and agent or master and servant, or employer and employee between You and KredTap or any of its/their affiliates or subsidiaries; or (ii) to provide either You or KredTap with the right, power or authority, whether express or implied, to create any such duty or obligation on behalf of the other party.
Notices: All notices, requests, demands, waivers, queries, and other communications required or permitted to be given hereunder in relation to the Services, shall be emailed at support@kredtap.com if to KredTap and if to You, it shall be sent via email on Your email address registered with KredTap or through SMS/ WhatsApp or other electronic means on Your mobile number registered with KredTap or on any updated email address or mobile number supplied by You to KredTap (if any). Such notices shall be deemed to have been received by You when KredTap sends the notice to the email address or mobile number registered with KredTap.
Any other notices, requests, demands, waivers, complaints, queries, and other communications arising out of any Lending Partner's and/or Commercial Partner's acts or omissions, including but not limited to those relating to deficiency of service, quality, merchantability or fitness of products or services, shall be resolved between You and the respective Lending Partner(s) and/or the Commercial Partner(s), as the case may be, and KredTap shall neither be a necessary nor a proper party to any such notices, requests, demands, waivers, complaints, queries, and other communications and shall have no responsibility or liability whatsoever in this regard.
Assignment: KredTap may assign, in whole or in part, its rights or obligations hereinunder to: (i) its associates, affiliates or any other group company; or (ii) any other company in any circumstances including but not limited to pursuant to a restructuring or re-organization or demerger of its organization or operations causing a change in management or something of a similar nature. It is clarified that KredTap shall not require Your approval or consent for the above assignment. KredTap may, at its sole discretion, provide notice of such assignment to You. You shall not assign, in whole or in part, Your rights or obligations under the Terms & Conditions without the prior written permission of KredTap.
Waiver: Unless otherwise expressly stated, failure to exercise or delay in exercising a right or remedy hereunder by KredTap shall not constitute a waiver of the right or remedy or a waiver of any other rights or remedies by KredTap, and no single or partial exercise of any right or remedy hereunder shall prevent any further exercise of the right or remedy or the exercise of any other right or remedy by KredTap. The rights and remedies provided to KredTap in the Terms & Conditions or conferred by applicable law, common law, custom, trade, or usage, are cumulative and not exclusive of any other rights or remedies and may be enforced successively or concurrently. Your obligations hereunder will remain in full force and shall not be affected, impaired, diminished or extinguished by any act, omission, default, matter or thing (including anything which, but for this clause, would have discharged You (wholly or in part) or would have afforded You any legal or equitable defence) except the full, prompt and complete performance of all the terms, undertakings and conditions of the Terms & Conditions, including the due and punctual payment of all amounts that may become due to KredTap, Lending Partner(s) and/or Commercial Partner(s) under the Terms & Conditions.
Severability: If at any time, any provision of the Terms & Conditions is or becomes illegal, invalid, or unenforceable in any respect under any law of any jurisdiction, the legality, validity or enforceability of the remaining provisions will not be affected or impaired in any manner. In such event, KredTap shall have the right to amend the terms of the Terms & Conditions such that the commercial intent of the Terms & Conditions and the interests of KredTap are protected in the same manner as originally contemplated under the Terms & Conditions.
Survival: The terms and provisions of the Terms & Conditions which by their nature and intent are intended to survive the termination hereof shall so survive the termination of the Terms & Conditions.
Non-Exclusive Basis: It is agreed and clarified that the arrangement set out in the Terms & Conditions between the Parties is on a non-exclusive basis.
This document is published in accordance with the provisions of Rule 3(1)(a) of the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021.