PLEASE READ THESE TERMS AND CONDITIONS ("Terms")
CAREFULLY. THESE TERMS FORM A LEGAL
AGREEMENT BETWEEN CASHPO AND YOU. BY CLICKING ON "I ACCEPT" OR "I AGREE" OR BY
DOWNLOADING, INSTALLING OR OTHERWISE USING THE SERVICES, YOU ACCEPT AND AGREE TO
THE TERMS CONTAINED HEREIN. IF YOU DO NOT AGREE TO THESE TERMS, DO NOT CLICK "I
ACCEPT" OR "I AGREE" OR DOWNLOAD, INSTALL OR USE THE SERVICES.
"Application or App"
shall mean Cashpo, the mobile application created, developed and designed by
the Company for providing Services.
"LENDER" shall mean
non-banking financial company or Banks with whom the Company has tied up for
loan sanction, which would sanction, process and grant the Loan to the
Customer(s), through the Platform.
"We" shall mean Intellimint Technologies Private Limited, a company
incorporated under the Companies Act, 2013 having its registered office at 3rd
Floor, Office No. 315, Ambuja Mall, Vidhan Sabha Road, Raipur, C.G. 492001
"You" or "End-Users" shall mean any person who accesses,
downloads, uses, views the Platform and the Services.
"Loan" shall mean the
loan that you may apply for through the Platform and which is sanctioned and
granted by LENDER, subject to the applicable terms and conditions of the Loan
shall mean the loan agreement to be executed between LENDER and the Customer(s)
for granting the Loan whether in physical or electronic form as may be
applicable from time-to-time.
"Online Stores" shall
mean Android Google Play or any other online store or portal where the App will
be made available by the Company to the End-Users, from time to time.
Amount(s)" shall mean the Loan, interests and charges due and payable by
you to LENDER, on respective due date(s).
"Platform" shall mean
the App and the Website collectively.
"Services" shall mean
the services of granting, sanctioning, and lending of short term loans, through
the Platform by LENDER.
Platforms" shall mean social networking platforms, such as Facebook,
LinkedIn and other similar platforms.
"User Data" shall
mean any data, information, documents or materials submitted to the Company
before or during the use of the Services.
"Website" shall mean www.cashpo.in
, managed and operated by the Company for the provision of Services.
Through the Services, you may
apply for the Loan, subject to the fulfillment of the eligibility criteria laid
down in the Mobile App. You understand that the Company has been appointed by
LENDER to collect, authenticate, track your location, verify and confirm the
User Data, documents and details as may be required by LENDER to sanction the
Loan. LENDER authorizes the Company to collect and store the User Data through
the mobile application form ("Mobile Application Form") available on
In order to avail the Services,
you are required to register with the Company by logging in through your Third
Party Platforms ("User Account"). During the Application process, you
shall be required to share and upload the User Data on the Mobile Application
Form. User Data shall include personal information including but not limited to
your name, e-mail address, gender, date of birth, mobile number, passwords, photographs,
mobile phone information including contact numbers, SMS and browsing history,
data and login-in credentials of Third Party Platforms, financial information
such as bank documents, salary slips, bank statements, PAN card, bank account
no., data from Credit Information Companies, data required for Know Your
Customer compliances, requirements and other relevant details ("Personal
Information"). You agree that the Personal Information shall always be
accurate, correct and complete.
As part of the Services, you
authorize us to import your details and Personal Information dispersed over
Third Party Platforms. You understand and acknowledge that we may periodically
request for updates on such Personal Information and we may receive such
updated information from Third Party Platforms.
All transactions undertaken on
your behalf by the Company will be based on your express instructions/consent
and will be strictly on a non-discretionary basis. You also authorize the
Company to get your credit information report from one or more Credit
Information Companies as decided by the Company from time to time.
Once you verify and upload the
User Data and/or other documents and details in the Mobile Application Form,
the Company shall process the same. Upon the completion of the document
verification by the Company, the Loan may be sanctioned by LENDER to you,
subject to fitting eligibility criteria and other conditions set forth by
LENDER for sanctioning the Loan. Thereafter, you are required to fill and
upload the ECS/NACH mandate form/Cheque or any other document as may be
required by LENDER . The Company may collect the physical documents including
signatures on those documents required for sanctioning and processing the Loan.
Upon the collection of documents by the Company, LENDER shall disburse the Loan
subject to the terms and conditions of the Loan Agreement.
The sanctioned Loan shall be
disbursed as per the mode provided in the Mobile Application Form. You are
required to repay the Outstanding Amount(s) to LENDER, on the respective due
date(s) mentioned in the Mobile Application Form.
You understand and acknowledge
that the Company reserves the right to track your location ("Track")
during the provision of Services, and also in the event that you stop, cease, discontinue
to use or avail the Services, through deletion or uninstallation of Mobile App
or otherwise, till the event that your obligations to pay the Outstanding
Amount(s) to LENDER exist. Deletion, uninstallation, discontinuation of our
Services, shall not release you from the responsibility, obligation and
liability to repay the Outstanding Amount(s).
You understand and acknowledge
that you shall be solely responsible for all the activities that occur under
your User Account while availing the Services. You undertake that the Company
shall not be responsible and liable for any claims, damages, disputes arising
out of use or misuse of the Services. By usage of the Services, you shall be
solely responsible for maintaining the confidentiality of the User Account and
for all other related activities under your User Account. The Company reserves
the right to accept or reject your registration for the Services without
obligation of explanation.
You understand and acknowledge
that, you are solely responsible for the capability of the electronic devices
and the internet connection, you chose to run the Platform. The Platform’s
operation or the Services on your electronic device is subject to availability
of hardware, software specifications, internet connection and other features
and specifications, required from time to time.
The User Data provided during
the registration is stored by the Company for your convenience. You are not
required to log-in to your User Account, every time you use or access the
Platform. You understand and acknowledge that by accepting these Terms, you
authorize us to Track, fetch and use the User Data, including but not limited
to your Personal Information, for the purpose of authentication and any updates
with regards to your credentials.
use the App: In order to use the Services, you are required to download and
install the App. For this purpose, you represent and warrant that you are of
the age of majority as per the applicable laws to which you are subject to and
are competent to understand, enter into, and comply with these Terms. The
Company grants you a limited, non-exclusive, non-transferable, non-sub-licensed
and revocable right to download, install and use the App. The App. is licensed
and not sold to you and shall only be used as per these Terms.
License: You may install, download, access or use the App through the Online
Stores on/from mobile phones, tablets or any other electronic devices.
and Support: You acknowledge that while the Company may, at its sole
discretion, provide maintenance and support for the App from time to time, the
Company shall have no specific obligation whatsoever to furnish such services
We may launch new updates/upgrades for the App., you may subscribe to the same
through the Online Stores. In the event, you choose not to update/upgrade the
App, certain features or functionality shall not be accessible to you.
The Personal Information
collected/shared/uploaded for the provision of Services has been exhaustively
is available at our website.
You acknowledge that the
Company makes no representations or warranties about the material, data, and
information, such as data files, text, facts and figures, computer software,
code, audio files or other sounds, photographs, videos, or other images
(collectively, the "Content") which you may have access to as part of
the Services, or through your use of the Platform. Under no circumstances,
shall the Company be liable in any way for any Content, including, but not
limited to any infringing Content, any errors or omissions in Content, or for
any loss or damage of any kind incurred as a result of the use of any Content
posted, transmitted, linked from, or otherwise accessible through or made
available via the Platform. The Content on the Platform should not be regarded
as an offer, solicitation, invitation, advice or recommendation to buy or sell
investments, securities or any other instrument or financial products / schemes
of the Company (including its affiliates), unless expressly covered in these
You may get access to chat
rooms, blogs, feedback, reviews and other features ("Ancillary
Services") that are/may be offered from time to time on the Platform and
may be operated by us or by a third party on our behalf. You shall not (nor
cause any third party to) use these Ancillary Services to perform any illegal
activities (including without limitation defaming, abusing, harassing,
stalking, threatening, promoting racism, or otherwise violating the legal
rights, such as rights of privacy, of others) or immoral activities, falsely
stating or otherwise misrepresenting your affiliation with a person or entity.
Additionally, the Platform may contain advice/opinions and statements of
various professionals/ experts/ analysts, etc. the Company does not endorse the
accuracy, reliability of any such advice/opinions/ and statements. You may rely
on these, at your sole risk and cost. You shall be responsible for
independently verifying and evaluating the accuracy, completeness, reliability
and usefulness of any opinions, services, statements or other information
provided on the Platform. All information or details provided on the Platform
shall not be interpreted or relied upon as legal, accounting, tax, financial,
investment or other professional advice, or as advice on specific facts or
matters. The Company may, at its discretion, update, edit, alter and/or remove
any information in whole or in part that may be available on the Platform and
shall not be responsible or liable for any subsequent action or claim,
resulting in any loss, damage and or liability. Nothing contained herein is to
be construed as a recommendation to use any product or process, and the Company
makes no representation or warranty, express or implied that, the use thereof
will not infringe any patent, or otherwise.
the person whose referral code has been used and referral recipient is the
person who uses Cashpo lending facility from a valid referral code.
Participants shall include, whether individually or collectively, both the
referrer and the referral recipient.
referral, both the referrer and the referral recipient get Rs. 200 Off on the
processing fees applied during new loan application.. The said amount is
subject to change at Cashpo’s discretion
this referral program authorize Cashpo to publish its name, city, photos and
other information on various platforms.
program is available for limited cities as prescribed by Cashpo. Creating
multiple Customer’s accounts using multiple addresses, emails or signing in
from multiple devices in order to unduly gain Referral Discount shall be
considered to be in contravention of these Terms & Conditions.
discount is non-transferable.
reserves the right to discontinue, add, alter, withdraw, modify, any of the
terms and conditions of the referral discount program without assigning any
reasons. In case of any dispute in relation to the referral program, Cashpo’s
decision shall be binding on all customers.
cess, liabilities or charges payable under the program to the government or any
other such authority or body, if any, shall be borne directly by the Customer.
reserves the right to review and investigate all referral activities and to
suspend accounts or revoke / remove referral discounts and withhold features or
benefits obtained through Cashpo referral program.
assumes all liability for any injury or damage caused or claimed to be caused
by his or her participation in this program and/or the acceptance and/or use of
any prize, and releases the Cashpo, and their respective subsidiaries,
affiliates, officers, directors, agents, and employees, from any such
liability. Cashpo, and their respective subsidiaries, affiliates, officers,
directors, agents and employees are not responsible for technical, hardware,
software, or telephone malfunctions of any kind, lost or unavailable network
connections, or failed incorrect, incomplete, inaccurate, garbled or delayed
electronic communications caused by the user or by any of the equipment or
programming associated with or utilized or by any human error which may occur
in the processing of the entries in this program. Entry constitutes permission
(except where prohibited by law) to use the winner's name, city, state,
likeness and/or voice for purposes of advertising, promotion and publicity
without additional compensation.
LINKS TO THIRD PARTY SITES
The Platform may contain links
to other websites owned and operated by third parties who are not related to
the Platform ("Linked Websites"). The Linked Websites are not under
the control of the Company and the Company shall not be responsible for the
content of any Linked Websites or any hyperlink contained in a Linked Website
and makes no representation or warranty with respect to the content of any such
third party sites.
The Platform provides these
links to you as a convenience only and the inclusion of any link does not imply
any endorsement of the Linked Website by the Company. Your access or use of
such Linked Website is entirely at your own risk. The Company shall not be a
party to any transaction between you and the Linked Website. Your use of a
Linked Website is subject to these terms and conditions of that respective
The Platform may also contain
third party advertisements, if any. The display of such advertisements does not
in any way imply an endorsement or recommendation by/of the relevant
advertiser, its products or services. You shall independently refer to the
relevant advertiser for all information regarding the advertisement and its
products and/or services. The Company accepts no responsibility for any
interaction between you and the relevant third party and is released from any
liability arising out of or in any way connected with such interaction.
PROPRIETARY RIGHTS OF THE COMPANY
You understand, acknowledge and
agree that the Company is the sole owner of all rights, title and interest,
including any and all intellectual property rights in the Content, Platform,
Services, logos, trade names, brand names, designs and any necessary software
used in connection with the Platform.
There may be proprietary logos,
service marks and trademarks found on the Platform whether owned/used by the
Company or otherwise. By displaying them on the Platform, the Company is not
granting you any license to utilize the proprietary logos, service marks, or
trademarks. Any unauthorized use of the same may violate applicable
intellectual property laws.
You understand and acknowledge
that the Platform is owned by the Company. Nothing under these Terms shall be
deemed to be a transfer in ownership, rights, title, from the Company to you or
any third party, in the Platform. You are entitled to avail the Services
offered by the Company during the validity of your registration with the
LIMITATIONS OF LIABILITY
You expressly understand and
agree that the Company, including its directors, officers, employees,
representatives or the service provider, shall not be liable 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 the Company has been advised of the possibility of
such damages), resulting from; (a) use or the inability to avail the Services
(b) inability to use the Platform (c ) failure or delay in providing the
Services or access to the Platform (d) any performance or non-performance by
the Company (e) any damages to or viruses that may infect your electronic
devices or other property as the result of your access to the Platform or your
downloading of any content from the Platform and (f) server failure or
otherwise or in any way relating to the Services.
You agree not to:
Platform or the Services for committing fraud, embezzlement, money laundering,
or for any unlawful and/or illegal purposes;
reproduce, duplicate, copy, sell, resell or exploit any portion of the App;
post, email, transmit or otherwise make available any content that is unlawful,
harmful, threatening, abusive, harassing, torturous, defamatory, vulgar,
obscene, libellous, invasive of another’s privacy, hateful, or racially,
ethnically or otherwise objectionable through the Platform;
Platform to harm or injure any third party;
any person or entity, on the Platform;
headers or otherwise manipulate identifiers in order to disguise the origin of
any content transmitted through the App;
post, email, transmit or otherwise make available any content that you do not
have a right to make available under any law or under contractual or fiduciary
relationships (such as inside information, proprietary and confidential
information learned or disclosed as part of employment relationships or under
post, email, transmit or otherwise make available on the Platform, any content
that infringes any patent, trademark, trade secret, copyright or other
proprietary rights of any party;
post, email, transmit or otherwise make available on the Platform, any unsolicited
or unauthorized advertising, promotional materials, "junk mail,"
"spam", "chain letters," "pyramid schemes," or
any other form of solicitation;
post, email, transmit or otherwise make available on the Platform, 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;
normal flow of or otherwise act in a manner that negatively affects other
user’s ability to engage in real time exchanges;
with or disrupt the Platform or servers or networks connected to the Platform,
or disobey any requirements, procedures, policies or regulations of networks
connected to the Platform;
or unintentionally violate any applicable local, state, national or
international laws and any regulations having the force of law.
The Company reserves its rights
to terminate these Terms in the event:
any provision of these Terms;
is required to do so under law; or
chooses to discontinue the Services being offered or discontinue operating the
granted to use the App expires;
non-payment of Outstanding Amount(s).
The Company reserves its right
to Track you, even when you have uninstalled the App or even after termination
of these Terms, until all your obligations, including but not limited to
payment of the Outstanding Amount(s) are in subsistence.
Upon termination of these
Terms, the rights and licenses granted to you under these Terms shall cease to
exist, and you must immediately stop using the Platform and the Services and
repay the Outstanding Amount(s). Notwithstanding anything contained in these
Terms or otherwise, the termination of these Terms for any reason whatsoever,
shall not affect your obligations, including but not limited to repayment of
the Outstanding Amount(s).
DISCLAIMER OF WARRANTIES:
You expressly understand and
Your use of the Services and
the Platform is at your sole risk. The Services and the Platform are provided
on an "as is" and "as available" basis. The Company
expressly disclaims all warranties of any kind, whether express or implied,
including, but not limited to the implied warranties of merchant ability,
fitness for a particular purpose and non-infringement. any material downloaded
or otherwise obtained through the access or use of the Platform, is at your own
discretion and risk and that you will be solely responsible for any damage to
your computer system, electronic data or loss of data that results from the
download of any such material. no advice or information, whether verbal or
written, obtained by you from the Company, for the Services or through the
Platform shall create any warranty not expressly stated in these Terms. The
Services are intended for personal, non-commercial use. You shall be solely
responsible for the use, misuse, and improper usage of the Services and the
The Company shall not be liable
for any damages accruing out of the use of the Services which have not been
expressly stipulated under these Terms. the Company makes no warranty,
including implied warranty, and expressly disclaims any obligation, that: (a)
the Contents are and will be complete, Exhaustive, accurate or suitable to your
requirements; (b) The Platform or the Services will meet your requirements or
will be available on an uninterrupted, timely, secure, or error-free basis; (c )
the results that may be obtained from the use of the Platform or Services will
be accurate or reliable.
You agree to indemnify and hold
the Company, and its subsidiaries, affiliates, officers, agents, co-branders or
other partners, and employees, harmless from any claim or demand, including attorneys’
fees, made by any third party due to or arising out of (i) your violation of
these Terms; (ii) your violation of any rights of other users of the Platform;
(iii) your use or misuse of the Platform or the Services; (iv) your violation
of applicable laws.
Without limiting the foregoing,
under no circumstances shall the Company be held liable for any damage, loss,
loss of services of Platform, due to deficiency in provision of the Services
resulting directly or indirectly from acts of nature, forces, or causes beyond
its reasonable control, including, without limitation, internet failures,
computer equipment failures, telecommunication equipment failures, change in
applicable regulations, including Reserve Bank of India regulations, or any
other government regulations, floods, storms, electrical failure, civil
The Company reserves the right
to modify, change, substitute, remove, suspend or update these Terms or any
information thereof at any time by posting the updated Terms on the Platform.
Such changes shall be effective immediately upon such posting. Continued use of
the Services or the Platform, subsequent to making the changes, shall be deemed
to be your acceptance of the revised Terms.
CHOICE OF LAW AND JURISDICTION
This Agreement shall be
construed and governed by the laws of India without regard to principles of
conflict of laws. Parties further agree that the courts in Raipur,
Chhattisgarh, India shall have an exclusive jurisdiction over such disputes.
Entire Understanding: These Terms, along with the
entire understanding between you and the Company with relation to the Services.
Waiver:The failure of the Company to
exercise or enforce any right or provision of these Terms shall not constitute
a waiver of such right or provision. You agree that regardless of any statute
or law to the contrary, any claim or cause of action arising out of or related
to availing of the Services or these Terms must be filed within one (1) year
after such claim or cause of action arose or be forever barred.
Severability: If any provision of these
Terms is found by a court of competent jurisdiction to be invalid, the Parties
nevertheless agree that the court should endeavour to give effect to the
Parties’ intentions as reflected in the provision, and the other provisions of
these Terms shall remain in full force and effect.
Rate of Interest and Payment of
Interest and Payment of
2.3% ﬂat per month (27.6% p.a.) of the Loan amount.
available as of now are 3, 6 , 9 and 12 months.
processing fee and applicable interest charges for loan products will be
deducted at source.
free to oﬀer concession in Interest payment and/or Processing Fee, at its own
Interest levied by the Lender may vary with the interest levied by other
Lenders. The Borrowers should compare the rate of interest before accepting a
Processing Fees, Commission and Other Payments:
The Borrower shall be liable to
pay the Lender processing fees including GST, for each category of loan
products ,loan period, as per slabs given below (“Processing Fee”). Lender
reserves the right to change the amount of Processing Fee at any time.
(Inclusive of GST)
5000 to 10000
10000 to 19999
20000 to 29999
30000 to 49999
50000 to 99999
100000 to 200000
Processing fee above will be applicable both for new and repeat loan products.
*Processing Fee means
charged/levied by the Lender to the Borrower against the processing of loan,
which the Borrower will pay to the Lender.
The processing fees
levied by the Lender may vary with the processing fees levied by other Lenders.
The Borrowers should compare the processing fees before accepting a loan.
*GST, as applicable from time
to time shall be levied/recovered
Charges, if any.
GST is applicable as : (i) For Borrower from Chhattisgarh – CGST @ 9% and SGST
@ 9% on Processing Fees
(ii) Other Borrowers –
IGST @18% on Processing Fees
interest shall be calculated from the date of disbursement of the loan. The
date of disbursement shall be deemed to be the date when the Lender provides
instructions to its Banker for the transfer of the loan Amount to the Borrower.
determination of interest by Lender, from time to time, shall be final and
conclusive and shall be binding upon the Borrower.
applicable interest tax, as applicable, shall be payable by the Borrower.
Borrower shall, if so, required by the Lender, ECS Mandate or RTGS or NEFT
Mandate to the Lender for the due payment of the loan along with Interest on
the Loan thereon.
Interest for Default period
Borrower acknowledges that the rates of Interest and of Delayed Interest agreed
to by the Borrower are reasonable and the rates of Delayed Interest represent
pre-estimates of losses and damages expected to be incurred by the Lender due
to the non-payment of dues by the Borrower on or before the Due Date. The
Borrower acknowledges that the Loan is a commercial transaction and speciﬁcally
waives any defence under usury or other Applicable Laws relating to or
Repayment and Pre-Payment
shall repay the Amounts Due through any of the following methods:
(a) Net Banking Payment to the
Bank Account of Lender: as will be communicated by SMS and/or email registered
with loan application.
(b) Cash or Cheque to be
deposited into the Lender’s Bank Account, in exceptional cases, when Borrowers
Bank is unable to execute Net Banking Transaction.
(c ) eNACH/ eMandate setup for
auto repayment of loan.
(d) Payment Gateway available
in our Application.
Repayment of the Facility is to
be made by the Borrower on or before the Due Date at the end of the Term of
The Lender shall be entitled to
recalculate/ re-compute the Amounts Due if the Lender varies the interest rate
and/or upon the occurrence of any event which in the opinion of the Lender
necessitates a re- computation/ recalculation of the same.
The Borrower shall
electronically confirm and provide a promissory note for due repayment of the
Amounts Due and in addition if so required by Lender, give post-dated cheques
or ECS Mandate, RTGS Mandate, NEFT requests drawn in favour of Lender or such
instruments for payment as may be prescribed by the Lender for the due
repayment of the Amounts Due. Such ECS Mandate or cheques shall be deemed to
have been given for adequate consideration already received by the Borrower and
shall not absolve the Borrower from his liability to pay the said sums
hereunder until the cheque or the ECS Instruction is duly realized. The
Borrower shall maintain adequate balance for realization of the cheques or the
ECS Instructions on their Due Dates for payment.
The first tranche of repayment
must be from the Borrowers’ KYC Compliant Bank Account.
Notwithstanding the above, if
the Borrower wishes to repay any Loan Amount or Amounts Due or part thereof
before its Due Date, the Borrower may do so and send the payment details to
[email protected] However, the Borrower acknowledges that interest deducted at
source (as applicable) Term of the Loan as stated, will not be reduced or
refunded in case of prepayment of the Loan. The Borrower may, on such terms and
conditions as may be imposed by the Lender, be entitled to prepay any Loan
Amount or Amounts Due or part thereof before its Due Date.
Recall by the Lender
i. Lender reserves the right
to recall, any cash disbursed to Borrower for failure to disclose materially
valuable information to determine credit profile. If the Borrower has provided
false or misleading information, the Lender will call for the Loan Amount/Amounts
Due to be repaid within 24 (twenty-four) hours, following which Borrower will
be deemed to have committed an Event of Default and Consequences of Event of
Default shall follow.
ii. Notwithstanding anything
contained elsewhere in these T&C or any Policies, Lender shall be entitled
to, in its sole and absolute discretion, and without assigning any reason,
recall the Loan Amount or Amounts Due or any part thereof by giving to the
Borrower 3 (three) Business Days’ notice in writing or such longer notice period
as may be mandatorily required under Applicable Law, in such event, the
Borrower shall be liable to repay / pay the same to the Lender within 3 (three)
Business Days of receiving such notice. Upon expiry of the period of notice,
the entire Amounts Due shall immediately stand repayable by the Borrower to the
Please report any violations or
grievances with relation to these Terms to the Company at
If borrower faces any difficulty regarding the loan or any services, they can reach out the grievance at:
DETAILS OF RECOVERY AGENT
We Cashpo or the lender (NBFC) can send you payment reminders, auto call reminders, WhatsApp notifications, email or any other medium of contact from time to time.
Lender or its authorised recovery agency/ agencies will be engaged in collection process and they may include the efforts to recover amount that you failed to pay.
This collection efforts may involve inter alia, contacting either you directly or any other contact details provided by you.
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