Terms & Conditions

This document/agreement is an electronic record in terms of Information Technology Act, 2000 and is published in accordance with the provisions of Rule 3 of the Information Technology (Intermediaries guidelines) 2011, that provides for the due diligence to be exercised by Loanbaba.com.

Loanbaba.com (hereafter referred as "Site" or “loanbaba” or “we” or “our”) is owned and operated by Sahas Technologies Pvt Ltd (hereafter referred as “Loanbaba.com” or “loanbaba”). Loanbaba.com provides its Services subject to the conditions mentioned below. Before you use the Site, you must read and accept all of the terms and conditions in, and linked to, this Terms of Use and the Privacy Policy. We strongly recommend that, as you read this Terms of Use, you also access and read the linked information, since it is incorporated into and, hereby, made part of this Terms of Use. This Terms of Use is effective upon acceptance. Use of any functionality of the Site constitutes acceptance of this Terms of Use. If this Terms of Use conflicts with any other documents, the Terms of Use will control for the purpose of usage of this Site. If you do not agree to be bound by this Terms of Use and the Privacy Policy, you cannot use the Site in any way. Be sure to return to this page periodically to review the updated Terms of Use. We reserve the right, at any time and at our sole discretion, to change or otherwise modify the Terms of Use without prior notice. Your continued access or use of this Site signifies your acceptance of the updated or modified Terms of Use.

1. Services

The site, loanbaba.com, connects lenders and borrowers. It merely acts as the facilitator for the purposes of lending and borrowing. It does not indulge in borrowing or lending. Barring the Registration and Origination fee, the Users of the site are not required to make any payment to loanbaba.com. Upon registering as a Lender or a Borrower, you will automatically allow loanbaba.com to send you regular updates via email/ sms/ phone call or any other means regarding loanbaba.com’s Services and Product offerings.

2. Acceptance of Terms and Conditions

By using this Site, you agree to the Terms and Conditions that loanbaba.com has provided. Please refrain from using this site if you do not wish to agree to the Terms and Conditions. The site, loanbaba.com, allows Users the access to database of lenders, borrowers and services providers in relation to loan services, verification agencies and collection agencies etc. The site is a platform to facilitate interactions and transactions between borrowers and lenders. In case of conflict, the Terms and Conditions will prevail over any other document.

3. General

The terms and conditions apply to every user of this Site.

By using this Site, users agree to comply with all of the terms and conditions hereof.

The use of this Site is personal to the user and cannot be transferred to any other person or entity.

loanbaba.com is not responsible for protecting the confidentiality of User's password(s), if any.

loanbaba.com is not responsible for interruptions in internet services and for the data lost while transmitting information lost on the internet.

The Site may remain unavailable from time to time for any reason including, without limitation, routine maintenance. You understand and acknowledge that due to circumstances both within and outside of the control of loanbaba.com, access to the Site may be interrupted, suspended or terminated from time to time.

loanbaba.com has the right, at any time, to change or discontinue any aspect or feature of the Site, including, but not limited to, content, hours of availability and equipment needed for access or use.

loanbaba.com reserves the right, at all times, to discontinue or modify any of the Terms and Conditions as may be deemed necessary or desirable without prior notification to the User. The changes may include, among other things, the adding of certain fees or charges.

All types of changes and modifications are applicable immediately after being posted on loanbaba.com

In the light of this, it is advisable for Users to read this document regularly for staying updated. If Users continue to use the Site post changes and modifications, it is implied that they agree to the Terms and Conditions herein.

4. User Eligibility

The Service is not available to:

The person is not an Indian citizen

The person is below 25 years of age

The person is of unsound mind

The person is bankrupt

The person is suspended or removed from the system for any reason

Users may not have more than one active account. Additionally, users are prohibited from selling, trading, or otherwise transferring their accounts to another party. If you do not qualify, you cannot use the Service or the Site.

5. User Account

In consideration of your use of the Site, you declare that you are of legal age to form a binding contract and are not a person barred from receiving Services under the laws of India or other applicable jurisdiction and will only use the Site to make legitimate purchases for you or for another person for whom you are legally authorized to act for (and will inform such other persons about the Terms of Use and/or Privacy Policy) that apply to the purchase you have made on their behalf (including all rules and restrictions applicable thereto). You also agree to provide true, accurate, current and complete information about yourself as prompted by the Site. If you provide any information that is untrue, inaccurate, not current or incomplete (or becomes untrue, inaccurate, not current or incomplete), or Loanbaba.com has reasonable grounds to suspect that such information is untrue, inaccurate, not current or incomplete, Loanbaba.com has the right to suspend or terminate your account and refuse any and all current or future use of the Site (or any portion thereof). If you use the Site, you are responsible for maintaining the confidentiality of your account and password, and for restricting access to your computer. You agree to accept responsibility for all activities that occur under your account or password. For this readson, we strongly recommend that you exit from your account at the end of each session. You agree to notify Loanbaba.com immediately of any unauthorized use of your account or any other breach of security. Loanbaba.com reserves the right to refuse service, terminate accounts, or remove or edit content in its sole discretion. Notwithstanding the above, we retain the right at our sole discretion to deny access to anyone to the Site and the Services we offer, at any time and for any reason, including, but not limited to, for violation of the Terms of Use or Privacy Policy. Additional terms and conditions will apply to your purchase of Services that you select. Please read these additional terms and conditions carefully. You agree to abide by the terms and conditions of purchase imposed by any supplier with whom you elect to deal, including, but not limited to, payment of all amounts when due and compliance with the supplier's rules and restrictions regarding such Services availed. You agree that any violation of any such supplier's rules and restrictions may result in cancellation of your purchase(s), in your being denied access to the applicable Service(s), in your forfeiting any monies paid for such Services, and/or in our debiting your account for any costs we incur as a result of such violation.

6. User conduct

This Site and any individual sites or merchant-specific, city-specific, or state-specific sites now or hereinafter contained within or otherwise available through external hyperlinks with our Site (the "Microsites") are private property. All interactions on this Site and/or the Microsites must comply with these Terms and Conditions. Although we welcome and encourage user interaction on our Site, we do insist and require that all Users restrict any and all activity in connection with the use of this Site and the Microsites to that which involves lawful purposes only. User shall not post or transmit through this Site any material which violates or infringes in any way upon the rights of others, or any material which is unlawful, threatening, abusive, defamatory, invasive of privacy or publicity rights, vulgar, obscene, profane or otherwise objectionable, which encourages conduct that would constitute a criminal offense, give rise to civil liability or otherwise violate any law, or which, without loanbaba.com's express prior, written approval, contains advertising or any solicitation with respect to Products or Services. Any conduct by a User that in loanbaba.com's exclusive discretion restricts or inhibits any other User from using or enjoying this Site and/or any of the Microsites is strictly prohibited. User shall NOT use this Site or any of the Microsites to advertise or perform any commercial, religious, political or non-commercial solicitation, including, but not limited to, the solicitation of users of this Site and/or the Microsites to become users of other on- or offline services directly or indirectly competitive or potentially competitive with loanbaba.com.

The foregoing provisions of this Section apply equally to and are for the benefit of loanbaba.com, its subsidiaries, affiliates and its third party content providers and licensors, and each shall have the right to assert and enforce such provisions directly or on its own behalf.

7. License, License Disclaimer and Site Access

Loanbaba.com grants you a limited license to access and make personal use of the Site and the Service. This license does not include any downloading or copying of any kind of information for the benefit of another individual, vendor or any other third party; caching, unauthorized hypertext links to the Site and the framing of any content available through the Site uploading, posting, or transmitting any content that you do not have a right to make available (such as, the intellectual property of another party); uploading, posting, or transmitting any material that contains software viruses or any other computer code, files or programs designed to interrupt, destroy or limit the functionality of any computer software or hardware or telecommunications equipment; any action that imposes or may impose (in Loanbaba.com's sole discretion) an unreasonable or disproportionately large load on Loanbaba.com's infrastructure; or any use of data mining, robots, or similar data gathering and extraction tools. You may not bypass any measures used by Loanbaba.com to prevent or restrict access to the Site. Any unauthorized use by you shall terminate the permission or license granted to you by Loanbaba.com. By using the Site you agree not to: (i) use this Site or its contents for any commercial purpose; (ii) make any speculative, false, or fraudulent transaction or any transaction in anticipation of demand; (iii) access, monitor or copy any content or information of this Site using any robot, spider, scraper, or other automated means or any manual process for any purpose without our express written permission; (iv) violate the restrictions in any robot exclusion headers on this Site or bypass or circumvent other measures employed to prevent or limit access to this Site; (v) take any action that imposes, or may impose, in our discretion, an unreasonable or disproportionately large load on our infrastructure; (vi) deep-link to any portion of this Site (including, without limitation, the purchase path for any Service) for any purpose without our express written permission; or (vii) "frame", "mirror" or otherwise incorporate any part of this Site into any other website without our prior written authorization. (viii) not to bypass any measures used by loanbaba.com to prevent or restrict access to the Site (ix) Any unauthorized use by you shall terminate the permission or license granted to you by loanbaba.com (x) not hack or otherwise hire some third party to hack the site or use any other unauthorized means to access any third party information. In the event you do so, you shall be liable of a criminal offence and loanbaba.com shall institute appropriate legal proceedings to claim damages.

loanbaba.com also reserve rights to initiate proceedings in accordance with the law relating to intellectual property rights violation or infringement available to it, in case the misuse of this website is a person or an entity that belongs out of India. In any event, the jurisdiction to initiate any protective proceedings shall vest with loanbaba.com within the jurisdiction of Maharashtra.

8. User Equipment

Loanbaba.com is not responsible for obtaining and maintaining telephone, computer hardware and other equipment needed for access to and use of this Site and all charges related thereto. loanbaba.com shall not be liable for any damages to the User's equipment resulting from the use of this Site.

9. Monitoring Users

loanbaba.com shall have the right, but not the obligation, to monitor the content of the Site at all times, including any chat rooms and forums that may hereinafter be included as part of the Site, to determine compliance with this Agreement and any operating rules established by loanbaba.com, as well as to satisfy any applicable law, regulation or authorized government request. Without limiting the foregoing, loanbaba.com shall have the right to remove any material that loanbaba.com, in its sole discretion, finds to be in violation of the provisions hereof or otherwise objectionable.

10. Disclosure of Basic Information

In order to avail of the Services from the Site, you will need to provide your details prior to get enlisted either as a borrower or as a lender. As an account holder you are required to provide loanbaba.com with accurate personal information. Provision of another person’s details as your own will not be deemed acceptable.

Any personal information collected by loanbaba.com shall not be disclosed to any third party unrelated to the loanbaba.com business unless such a disclosure is authorized or required by law, or you have expressly consented to such a disclosure. However, by accepting the terms and conditions you grant loanbaba.com an unconditional right to share your personal information with loanbaba.com’s partners, affiliates, employees and agents for administrative purpose. Please also see the Privacy Policy in this regard.

11. Disclosure of Credit Card Details

You agree, understand and confirm that the credit card details provided by you for availing of services on loanbaba.com will be correct and accurate and you shall not use the credit card which is un-lawfully owned by you, thus you must not pay or attempt to pay for services using fraudulent credit card information. You further agree and undertake to provide the correct and valid credit card details to loanbaba.com. In case of orders that amount to Rs.10,000 or more, the customer will be required to provide the last four digits of the credit card used to place the order, for the purpose of verification.

Further the said information will not be utilized and shared by loanbaba.com with any third parties unless required for fraud verifications or by law, regulation or court order. loanbaba.com will not be liable for any credit card fraud. The liability for use of a card fraudulently will be on you and the onus to ‘prove otherwise’ shall be exclusively yours.

12. License Grant

By posting communications on or through this Site, User shall be deemed to have granted to loanbaba.com a royalty-free, perpetual, irrevocable, non-exclusive license to use, reproduce, modify, publish, edit, translate, distribute, perform, and display the communication alone or as part of other works in any form, media, or technology whether now known or hereafter developed, and to sublicense such rights through multiple tiers of sub-licensees.

13. Cancellation by loanbaba.com

Please note that there may be certain instruction to remit payments or seek rendition of services that loanbaba.com is unable to accept, shall be cancelled. We reserve the right, at our sole discretion, to refuse or cancel any order for any reason. We may also require additional verifications or information before accepting any instruction or registering you on our portal as a lender or a borrower. The borrower(s) and lender(s) are required to note that negative third party verification report(s) are crucial factors considered during the funding process. The funding may get rejected at any stage due to lack of information or verifiable information.

14. Fraudulent /Declined Transactions

loanbaba.com reserves the right to recover the cost of Service(s) and Product(s), collection charges and lawyers fees from persons using the Site fraudulently. loanbaba.com reserves the right to initiate legal proceedings against such persons for fraudulent use of the Site and any other unlawful acts or omissions in breach of these terms and conditions.

15. Limitation of Liability

loanbaba.com, its associates and technology partners make no representations or warranties about the accuracy, reliability, completeness, current-nests and/or timeliness of any content, information, software, text, graphics, links or communications provided on or through the use of the Site or that the operation of the Site will be error free and/or uninterrupted. Consequently, loanbaba.com assumes no liability whatsoever for any monetary or other damage suffered by you on account of the delay, failure, interruption, or corruption of any data or other information transmitted in connection with use of the Site; and/or any interruption or errors in the operation of the Site. You expressly understand and agree that loanbaba.com and its subsidiaries, affiliates, officers, employees, agents, partners and licensors shall not be liable to you for any direct, indirect, incidental, special, consequential or exemplary damages, including, but not limited to, damages for loss of profits, goodwill, use, data or other intangible losses (even if loanbaba.com has been advised of the possibility of such damages), resulting from use of the Site, sale and supply of Products content or any related goods and services.

This limitation of liability section shall prevail over any conflicting or inconsistent provision contained in any of the documents comprising this Agreement. It is up to you to take precautions to ensure that whatever you select for your use is free of such items as viruses, worms, Trojan horses and other items of a destructive nature.

The User further with immediate effect waives any right which had accrued to him from using the website to initiate any legal action against loanbaba.com. User also acknowledges that the credibility of a lender or a borrower as depicted upon the website is based on the information that is provided to loanbaba.com. In case there is a non-disclosure of information to loanbaba.com of the information, and the judgment of loanbaba.com is impaired and the ratings or credibility of a lender or a borrower is not found to be correct, loanbaba.com shall not be responsible for any claims or liabilities. loanbaba.com in any event is not responsible for any default in return of money that is borrowed from the lender and the lender shall have exclusive right to initiate proceedings against the defaulting borrower. loanbaba.com does provide the necessary information and support to the lender. However, lender shall not make any claim against loanbaba.com and shall conduct an independent due diligence of the borrower before lending it to him.

16. Indemnity

You agree to indemnify and hold loanbaba.com (and its officers, directors, agents, subsidiaries, joint ventures, and employees) harmless from any claim or demand, including reasonable attorneys’ fees, or arising out of or related to your breach of this T&C, or your violation of any law or the rights of a third party including but not limited to breach of any warranties, representations or undertakings or in relation to the non-fulfilment of any of your obligations under this T&C or arising out of violation of any applicable laws, regulations including but not limited to Intellectual Property Rights, payment of statutory dues and taxes, claim of libel, defamation, violation of rights of privacy or publicity, loss of service by other subscribers and infringement of intellectual property or other rights. This clause shall survive the expiry or termination of this T&C and the expiry or termination of the tenure of loanbaba.com’s officers, directors, agents, subsidiaries, joint ventures, and employees.

17. Severability

If any of the Terms shall be deemed void, invalid or unenforceable for any reason, that condition shall be deemed several and shall not affect the enforceability of any remaining provision.

18. Customer Communication

loanbaba.com will communicate with you through any of the mode using email, SMS and telephone or all of them or any other mode. Account holders must provide a valid email address and contact telephone and/ or mobile number to loanbaba.com for this purpose.

When you use the Site or send emails to loanbaba.com, you are communicating with loanbaba.com electronically. You consent to receive communications from loanbaba.com electronically.

From time to time, loanbaba.com will also send you marketing material. If you do not wish to receive such material, you may unsubscribe from our mailing list at any time by contacting customersupport@loanbaba.com.

You agree that all agreements, notices, disclosures and other communications that we provide to you electronically satisfy any legal requirement that such communications be in writing.

19. Site-Provided Email and Postings

The Site may provide Users with the ability to send email messages to other Users and non-Users and to post messages on the Site. loanbaba.com is under no obligation to review any messages; information or content ("Postings") posted on the Site by Users and assumes no responsibility or liability relating to any such Postings.

You understand and agree not to use any functionality provided by the Site to post content or initiate communications that contain:

Any unlawful, harmful, threatening, abusive, harassing, defamatory, vulgar, obscene, profane, hateful, racially, ethnically, socially or otherwise objectionable material of any kind, including, but not limited to, any material which encourages conduct that would constitute a criminal offense, give rise to civil liability or otherwise violate any applicable local, state, national or international law.

Advertisements or solicitations of any kind.

Impersonate others or provide any kind of false information.

Personal information such as messages which state phone numbers, PAN card numbers, account numbers, addresses, or employer references.

Messages by non-spokesperson employees of loanbaba.com purporting to speak on behalf of loanbaba.com or containing confidential information or expressing opinions concerning loanbaba.com.

Messages that offer unauthorized downloads of any copyrighted or private information.

Chain letters of any kind.

Identical (or substantially similar) messages to multiple recipients advertising any product or service, expressing a political or religious or other similar message, or any other type of unsolicited commercial message.

This prohibition includes but is not limited to:

Using loanbaba.com invitations to send messages to people who don’t know you or who are unlikely to recognize you as a known contact;

Using loanbaba.com to connect to people who don’t know you and then sending unsolicited promotional messages to those direct connections without their permission; and

Sending messages to distribution lists, newsgroup aliases, or group aliases.

20. The Opt-out Practice

If you are no longer interested in receiving e-mail announcements and other marketing information from us, or you want us to remove any personal information that we have collected about you, you can opt-out anytime by sending an e-mail about your request to customersupport@loanbaba.com

We use third-party service providers to serve ads on our behalf across the Internet and sometimes on this site. They may collect anonymous information about your visits to our website, and your interaction with our products and services. They may also use information about your visits to this and other websites to target advertisements for goods and services. This anonymous information is collected through the use of a pixel tag, which is industry standard technology used by most major websites.

21. Links

The Site or third parties may provide links to other World Wide Web sites or resources. Since loanbaba.com has no control over such sites and resources, you acknowledge and agree that loanbaba.com is not responsible for the availability of such external sites or resources, and does not endorse and is not responsible or liable for any content, advertising, products or other materials on or available from such sites or resources. You further acknowledge and agree that loanbaba.com shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any such content, goods or services available on or through any such site or resource.

22. Access to Password Protected/Secure Areas

Access to and use of password protected and/or secure areas of the Site is restricted to authorized Users only. Unauthorized individuals attempting to access these areas of the Site may be subject to prosecution.

23. User Acknowledgements

You acknowledge that loanbaba.com is not engaged in either grant of loan or borrowing any money from any member of the website.

You acknowledge that neither loanbaba.com nor any of its subsidiary or affiliate has any interest in either grant of loan or in borrowing money from a member registered on the P2P website.

You acknowledge that the loanbaba.com is not at all responsible for any claim or damage in case either the person who has agreed to grant loan has not granted loan or the person who has agreed to repay the loan do not repay the loan.

You acknowledge that the loanbaba.com in no manner warrants or guarantees the performance of a service provider that is providing services through the website of loanbaba.com.

You acknowledge that the loanbaba.com in no manner warrants and guarantees that the grantor of loan or the recipient of loan has provided all the information on this website which is true and correct including his address, phone numbers etc.

You acknowledge that it is your responsibility to verify the information about the person on the website and loanbaba.com is in no manner liable if the information provided on this website is untrue or incorrect.

You acknowledge that loanbaba.com is in no manner responsible for any claim of money or damages in the event one person fails to either grant loan or a person fails to repay the loan or misrepresents about his financial status or commits a fraud or a cheating or any other such illegal act.

You acknowledge that you have taken expert advice from a legal consultant or any other expert so required about your status to lend or borrow on the site.

You acknowledge that you are aware of all your rights, duties and applicability of various laws including not limited to Money Lending Act, Income Tax Act, or any other statute, or law, which may govern the lending and borrowing of monies within your State of residence or from where you ordinarily conduct your business.

24. Disclaimer of Warranties

ALL DETAILS OF THE MEMBERS OF THIS LOANBABA.COM WEBSITE AND THEIR FINANCIAL STATUS, INCLUDED IN OR AVAILABLE THROUGH THIS SITE ARE PROVIDED FOR USE WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, LOANBABA.COM, ITS SHAREHOLDERS, ITS HOLDING COMPANY, ITS SUBSIDIARIES, AND ITS LICENSORS DO NOT WARRANT THAT THE INFORMATION OR OTHER MATERIAL WHICH IS PLACED ON THE WEBSITE BY ANY PERSON IS CORRECT INCLUDING HIS FINANCIAL STATUS OR CAPABILITY OR HAS NOT APPROACHED THE OTHER USER OF THIS WEBSITE WITH A CRIMINAL INTENT TO EITHER CHEAT OR MISAPPROPRIATE OR DENY ANY OTHER USER OF ITS LEGITIMATE CLAIMS. BY UPLOADING ANY CONTENT, REPRESENTATION OR STATEMENT OF YOUR FINANCIAL STATUS OR YOUR PROOF OF RESIDENCE YOU REPRESENT AND WARRANT THAT YOU HAVE THE LAWFUL RIGHT TO REPRODUCE AND DISTRIBUTE SUCH CONTENT AND THAT THE CONTENT COMPLIES WITH ALL LAWS AND IS TRUE AND AUTHENTIC AND IS NOT IN ANY EVENT PLACED ON THE WEBSITE TO DEFRAUD OTHER USERS OR CREATE A FALSE IMPRESSION IN THEIR MINDS THAT YOU HAVE A SOUND FINANCIAL STATUS OR ARE REASONABLY COMMITTED TO DELIVER THE REPAYMENTS ON TIME. YOU ALSO REPRESENT THAT YOU HAVE NOT EVER BEEN ACCUSED TO ANY FRAUD, MISREPRESENTATION OR DEFAULT IN REPAYMENT OF ANY CLAIMS OR MONIES TO ANY THIRD PARTY WHETHER A FINANCIAL INSTITUTION OR NOT. YOU ALSO REPRESENT THAT THERE ARE NO OUTSTANDING DISPUTES IN CONNECTION WITH YOUR MORAL TURPITUDE OR FINANCIAL STATUS. YOU HEREBY REPRESENT AND WARRANT TO LOANBABA.COM THAT YOU ARE LEGALLY COMPETENT TO EXECUTE, BE BOUND BY AND ADHERE TO TERMS AND CONDITIONS OF TERMS AND CONDITIONS OF LOANBABA.COM. YOUR USE OF THIS SITE IS SOLELY AT YOUR RISK. YOU AGREE THAT LOANBABA.COM SHALL HAVE NO RESPONSIBILITY FOR ANY DAMAGES SUFFERED BY YOU IN CONNECTION WITH THIS SITE OR ANY CONTENT CONTAINED THEREIN OR ANY DAMAGE SUFFERED IN THE EVENT OF DEFAULT OR MISREPRESENTATION BY ANY OTHER USER OF THS WEBSITE.

25. Limitation of Liability

UNDER NO CIRCUMSTANCES SHALL LOANBABA.COM, ITS SUBSIDIARIES, EMPLOYEES, OFFICERS, AFFILIATES, DIRECTORS, AGENTS, SUPPLIERS, SHAREHOLDERS, NON EXECUTIVE DIRECTORS OR ITS LICENSORS INVOLVED IN CREATING, PRODUCING, TRANSMITTING OR DISTRIBUTING PRODUCTS OR SERVICES ON THIS SITE, GRANTING OR RECEIVING LOAN FROM A MEMBER ASSOCIATED WITH THE LOANBABA.COM WEBSITE BE LIABLE FOR ANY DIRECT, INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL, OR CONSEQUENTIAL DAMAGES THAT RESULT FROM EITHER MISREPRESENTATION, FRAUD, COERCION, BREACH OF TRUST, MISAPPROPRIATION, CHEATING OR FOR ANY OTHER SUCH REASON OF ITS USERS OR OF THIRD PARTIES INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS AND LOSS OF GOODWILL OR LOSS OF INTEREST.

26. Monitoring

In case it comes to your knowledge that any member of this website has committed default or fraud or misrepresents his financial status than you may inform loanbaba.com in writing and upon receipt of such information loanbaba.com shall call upon such third party to explain the allegations made in your Notice and upon receipt of an explanation from such third party loanbaba.com shall in its own discretion decide as to whether such a person should be prohibited from using the website.

27. Applicable Laws:

Your use of this Site and any Term and Conditions stated in this policy is subject to laws of India.

28. Jurisdiction

Courts of Mumbai will have exclusive jurisdiction of dealing with all disputes arising from use of this site.

29. Trademarks

The trademarks, logos and service marks ("Marks") displayed on the Site are the property of loanbaba.com and other respective persons. Users are prohibited from using any Marks for any purpose including, but not limited to use as meta-tags on other pages or sites on the World Wide Web without the written permission of loanbaba.com or such third party which may own the Marks. All information and content including any software programs available on or through the Site ("Content") is protected by copyright. Users are prohibited from modifying, copying, distributing, transmitting, displaying, publishing, selling, licensing, creating derivative works or using any Content available on or through the Site for commercial or public purposes.

30. Changes to Terms and Conditions

loanbaba.com reserves the right to change these Terms and Conditions of its Service without informing you. You should check our Site for any updated Terms and Conditions.

31. Miscellaneous

If any of these conditions are deemed invalid, void, or for any reason unenforceable, the parties agree that the court should endeavour to give effect to the parties’ intentions as reflected in the provision, and the unenforceable condition shall be deemed severable and shall not affect the validity and enforceability of any remaining condition. From time to time loanbaba.com may offer special promotional offers which may or may not apply to your loanbaba.com account. To avail of such promotional offers, you agree to be bound by any additional terms and conditions for these special offers which are laid down by loanbaba.com. This T&C and the relationship between you and loanbaba.com will be governed by the laws as applicable in . Any dispute(s) arising out of this T&C will be handled in the competent courts of Delhi, . The failure of loanbaba.com to act with respect to a breach by you or others does not waive its right to act with respect to subsequent or similar breaches. loanbaba.com does not guarantee it will take action against all breaches of this T&C. Except as otherwise, expressly provided in this T&C, there shall be no third-party beneficiaries to this T&C. This T&C constitutes the entire agreement between you and loanbaba.com and governs your use of the Site, superseding any prior agreements between you and loanbaba.com with respect to the Site.

32. All transactions are processed in INR

33. loanbaba.com holds the complete right to de-activate any lender/borrower on its own accord if the lender/borrower is suspected or found to be from competition engaging or trying to engage in any malicious activity.

Summary

loanbaba.com (" loanbaba.com" or "Site" or "we" or "our") a trade name owned and managed by Sahas Technologies Pvt Ltd. is a web portal that provides a platform to connect people who are willing to borrow and people who are willing to lend. loanbaba.com’s endeavour is that an individual may come forward to support another individual in need. On this web portal, a visitor to the website could browse and search for people who are willing to lend, people who are willing to borrow, details of service providers such as verification agencies, collection agents and other such service providers that would provide services to either lenders or to borrowers. loanbaba.com shall merely facilitate a transaction of borrowing and lending between two such people. loanbaba.com neither lends nor borrows through this website. loanbaba.com is neither a financial institution, nor runs a collective investment scheme or a chit fund or any other such financial scheme.

YOU/YOUR: You/Your shall mean natural or legal person who is at least 25 years of age and could legally enter into a contract in and could use the services and products provided on loanbaba.com in accordance with the terms and conditions recorded hereinafter and has agreed to become a paid member of this Site and whose membership fee is in arrears and those whose membership fees is not in arrears.

Acceptance of Terms and Conditions

Every effort has been made to ensure, that the information contained on the Site is correct, however loanbaba.com makes no warranty as the accuracy, comprehensiveness, or correctness of any Information (conceptual, written, pictorial), Service(s) or a Product(s) on the Site, and provides all Service(s) and Product(s) on an "as is" basis. By using this Site, you ("you" or the "User") agree to these terms and conditions ("Terms and Conditions" or "T&C" or "Terms") that we have provided. If you do not wish to agree to these Terms and Conditions, please refrain from using this Site.

The Service(s) or a Product(s) and information displayed on the Site is an "invitation to offer" to the User. Your order for purchase of either Service(s) or Product(s) constitutes your "offer" which shall be subject to the terms and conditions as listed below. loanbaba.com reserves the right to accept or reject your offer. If you have supplied us with your valid email address, we will notify you by email as soon as possible to confirm receipt of your instruction and email you again to confirm details and therefore process the instruction accordingly for provision of Services(s) or Products(s). Our acceptance of your instructions for either rendition of services or provision of any product will take place upon rendition of Service(s) or dispatch of the Product(s) ordered. No act or omission of loanbaba.com prior to the actual dispatch of the Product(s) or rendition of services ordered will constitute acceptance of your offer. Similarly, no act or omission of loanbaba.com prior to the actual rendition of services shall constitute acceptance of your offer. A Person who cannot enter into legally binding contract in accordance with the provisions of the n Contract Act, 1872 including person below the age of 25 years or of unsound mind and un-discharged insolvents etc. are not entitled to use the Site.

Persons under the age of 25 years are not permitted to get engaged with this Site and have no permission to call for any services or products or to lend or to borrow from through this Site.

The Site is freely accessible to the User. However, the User will have to register with loanbaba.com and create their individual registration account prior to any purchase of Service(s) or Product(s). All registration information must be correct, complete and promptly updated by the User each time it changes. loanbaba.com reserves the right to make any changes to our Terms and Conditions and/or our Privacy Policy (which is incorporated herein by reference) as we deem necessary or desirable without prior notification to you. We suggest to you, therefore, that you read our T&C and Privacy Policy from time to time in order that you stay informed as to any such changes. If we make changes to our T&C and Privacy Policy and you continue to use our Site, you are impliedly agreeing to the revised T&C and Privacy Policy expressed herein.

Your privacy is important to us and we will protect it. We will not share your personal information with anyone other than those listed in our Privacy Policy.

As a condition of purchase, loanbaba.com requires your consent to send you administrative and promotional emails / SMS/ Phone Calls. We will send you information regarding your account activity and purchases, as well as updates about our Services and Products and promotional offers. You can opt-out of our promotional emails anytime by clicking the unsubscribe link at the bottom of any of our email correspondences. Please see our Privacy Policy for details.

By placing an order, you make an offer to us to purchase Service(s) or Product(s) you have selected based on the Terms and Conditions stated above.

You are required to create an account in order to purchase any Services or a Product from our Site. This is required so we can provide you with easy access to print your orders, view your past purchases, and modify your preferences.

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