ABOUT EDUVANZ

Eduvanz Financing Private Limited (EDUVANZ) is a non-banking financial corporation, engaged into the business of to carry on business of financing by lending and advancing money or giving credits on any terms or mode and with or without security to any person for educational or such associated or related purposes and to enter into guarantees, contracts of indemnity and surety ship of all kinds, to receive money on deposits or loan upon any terms, and to secure or guarantee in any manner and upon any terms the payment of any sum of money or the performance of any obligation by any person and to receive money on deposits, current account or otherwise with or without interest and to receive title deeds and other securities and to lend money and negotiate loans of every description in order to transact business as capitalist, promoters and financial and monetary agents along with giving any guarantee for the payment of money for the performance of any obligation or undertaking.

USING THIS WEBSITE

Any use of this Website would expressly mean that you irrevocably accept all the terms of this Disclaimer and Terms and Conditions specified at www.eduvanz.com. You understand that you are free to not accept the terms and conditions contained herein and the terms and conditions and in such event you are advised to not use or access this Website in any manner. Your use or access of this Website in any manner shall constitute an irrevocable acceptance of this Disclaimer.

Any person who is accessing or has accessed any information or data from this Website acknowledges and agrees that all proprietary rights, statutory or otherwise, in the information received by such person shall remain the exclusive property of EDUVANZ. Any reproduction, redistribution or transmission, for consideration or otherwise, of any such information contained in this Website is strictly prohibited and would constitute a breach of the laws of India.

This Website is not to be and should not be construed as purporting to offer or an invitation to offer. Further, this website is not to be and should not be construed as purporting to offer or inviting to offer any information or services to citizens of countries other than who are subject to the jurisdiction of and the laws of India. The User agrees that given the nature of the Internet, even though the Website is targeted to Indian residents only, it may be accessed in other parts of the world. If the User is not an Indian resident and yet uses the Website, he acknowledges, understands and agrees that he is doing so on his own initiative and at his own risk and that it is his responsibility (and not EDUVANZ's responsibility) to make sure that his use of the Website complies with all applicable local laws. If the User is not an Indian resident, by using this Website and/or submitting his personally identifiable information or any other information on the Website, he expressly consents to the transfer of such data to India, and to the processing of such data on EDUVANZ's Indian servers, where his data will be governed by Indian laws that may provide a level of data protection different from his country.

EDUVANZ does not provide any advice in this regard and shall not be liable to any person who enters into any business relationship with the entity whose name appears on this Website and/ or any other party based on any information accessed from this Website or uses such information or is accessing any information for any investment, company affairs, legal, tax or accounting advice or advice regarding the suitability or profitability of a security or investment. Any information on this Website must not be construed as legal/business/ investment advice, and the user should exercise due caution and/or seek independent advice before the user enters into any business relationship with any entity or enters into any investment or financial obligation based on any information provided on this Website.

THIRD PARTY LINKS

This website may contain links to other Websites or videos that may be belonged to and/or hosted and/or operated by parties other than EDUVANZ, for e.g. videos hosted by our third party service provider's server or any other similar activity. EDUVANZ is not responsible for the contents of any nature (including any related advertisements or videos) or information offered by any such linked Website or any link contained in a linked Website, or any changes or updates to such Websites, irrespective of whether these Websites are operated by affiliates of EDUVANZ or other third parties. Inclusion of such a link on this Website does not imply any degree of endorsement of any nature by EDUVANZ, regarding the quality of information provided or the nature of content by such a linked Website.

This Website may contain information sourced from third parties. EDUVANZ is not responsible for the contents of or information offered by such third parties on this Website. Inclusion of such information on this Website does not imply any degree of endorsement by EDUVANZ, regarding the quality of information provided or the nature of content provided by the third party.

CONTENT

EDUVANZ does not offer any services to any person through this Website. Access to any information on or through this Website is provided only on an 'as-is-where-is-basis'. EDUVANZ has endeavored to ensure that the content on this Website is accurate and up-to- date, however, the same should not be construed as a 'statement of law' or used for any legal purposes. In any event, you are advised to verify/check independently or with the respective source and obtain appropriate professional advice before acting on the information provided herein. Notwithstanding anything contained elsewhere, EDUVANZ accepts no responsibility in relation to the title of the projects listed or accuracy, completeness, usefulness or otherwise, of the contents provided on this Website.

The contents provided on this Website are only for information purposes and are not intended to be and must not be taken as the basis for any decision either by itself or in conjunction with any other information. You should make your own investigation of the contents provided, including the merits and risks involved and the legal consequences, independently and without reliance on us, any of our affiliates or group companies or our third party service providers or any third party associated with us in relation to the provision of any information through our Website or their respective directors, employees, agents. Nothing on this Website constitutes, or is meant to constitute, advice of any kind. If you require advice in relation to any legal or financial matter you should consult an appropriate professional at your cost.

EDUVANZ may, either through itself or its partners, affiliates or group companies combine your internet protocol address or other information provided by you along with other personally identifiable information for marketing and for market research purposes, including internal demographic studies, so we can optimize our products and services and customize this Website for you. When you register with this Website, you agree that EDUVANZ or any of it's our partners, affiliate, or group companies may contact you from time to time to provide the offers/information of such products/services that they believe may benefit you, however it shall in no manner be construed as sanction of such product. Also, you agree that such information so collected from you may be provided to government authorities or any court of law as per the applicable laws of India or as per EDUVANZ agreement with its partners, third party service providers or any third party as the case may be.

EDUVANZ does not, expressly or impliedly, warrant, guarantee or make any representations concerning the use, results of use or inability to use or access the information or contents of this Website, in terms of accuracy, reliability, completeness, correctness, functionality, performance, continuity, timeliness or otherwise, fitness for a particular purpose. Any information or data available on this Website may contain inaccuracies and/or errors. EDUVANZ does not warrant that this Website or functions thereof will be uninterrupted or free of any error or defect or that information on this Website will satisfy your purpose or requirement. EDUVANZ does not warrant that the servers that make this Website available will be error, virus or bug free and you accept that it is your responsibility to make adequate provision for protection against such threats.

You assume the entire risk with respect to the use, results of such use, in terms of accuracy, reliability, performance, completeness, comprehensiveness, correctness, functionality, performance, continuity, timeliness of the information, data or any content available on this Website.

EDUVANZ disclaims any and all liability, current or future, for any error made or omission committed with respect to the transmission of data, information or material available on this Website.

LIMITATIONS OF LIABILITY

EDUVANZ will not be liable in relation to the contents of, or use of, or otherwise in connection with, this Website:

a.   For any direct loss;

b.   For any indirect, special or consequential loss or;

c. For any business losses, loss of revenue, income, profits or anticipated savings, loss of contracts or business relationships, loss of reputation or goodwill, or loss or corruption of information or data;

You hereby waive your right to any claim based on the detrimental effects or results of any reliance placed by you on any information or data available on this Website.

EDUVANZ shall not be liable for any claims or losses of any nature, arising directly or indirectly, from the use or application of the data, information or material accessed from this Website. Any change or amendment to this disclaimer, altering any of the provisions set out herein, may be made at the sole discretion of EDUVANZ, without notice.

The development of this Website with respect to the nature of the information or data available on this Website, is a continuous and ongoing process. EDUVANZ disclaims any and all liability and/or responsibility for loss of any information or data, or any consequence, intended or unintended, due to the operation of this Website. EDUVANZ does not assume or purport to assume any responsibility or liability or your failure or inability to use or access this Website for any purpose. Published information or data available on this Website may not be current or up to date for any purpose.

TRADEMARK AND COPYRIGHT NOTICE

Any and all trademarks and/or service marks of EDUVANZ (whether registered or in the process of registration) and all rights accruing from the same, statutory or otherwise, wholly vest with EDUVANZ. Any violation of the above would constitute an offence under the laws of India and international treaties governing the same.

EDUVANZ, or any of its affiliates, does not represent or endorse the accuracy or reliability of any of the advertisements (collectively) i.e. links, downloads, distributions or other information accessed directly or indirectly from host advertisements contained on this Website nor the quality of any products, information or other materials displayed, purchased or obtained by any consumer, as a result of an advertisement or any other information or offer in connection with the service or products. EDUVANZ shall not be responsible for any errors or omissions contained within any third party advertisement contained within this Website. EDUVANZ expressly clarifies that it is not providing any "co- branding" and is not associated in any way with any of parties that may choose to advertise or otherwise in this Website.

EDUVANZ expressly disclaims any and all warranties, expressed or implied, including without limitation, warranties of merchantability and fitness for a particular purpose, and non-infringement, with respect to the service or any materials and products.

This Website may contain links to other web sites operated by third parties ("Allied sites"). EDUVANZ neither endorses nor is affiliated with the linked site and is not responsible for any content of any Allied site or any link contained in an Allied site, or any changes or updates to such sites.

In no event shall EDUVANZ be liable for any damages, whatsoever, and in particular, shall not be liable for direct, indirect, consequential, incidental, or punitive damages, or damages of lost profits, loss of revenue, or loss of use, arising out of related to any advertisements on this Website, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise. In particular EDUVANZ shall not be responsible for any threatening, defamatory, obscene, offensive or illegal content appearing in the advertisements and further shall not be responsible for any infringement of another's rights, including intellectual property rights.

Except as otherwise noted on this Website, the contents of this Website are copyright of EDUVANZ. All rights of EDUVANZ are reserved. No part of the information on this Website, including text, graphics and HTML code, may be reproduced or transmitted in any form by any means, without the express written consent of EDUVANZ.

LAW AND JURISDICTION

These terms and conditions shall be governed in accordance with laws of India and any disputes arising out of or in connection with these terms and conditions shall be subject to exclusive jurisdiction of courts in Mumbai.

THIRD-PARTY TRADEMARKS

All third-party trademarks (including logos and icons) depicted or referenced on the website remain the property of their respective owners. Unless specifically identified as such, the use of third-party trademarks by Eduvanz does not indicate any relationship, sponsorship, or endorsement between Eduvanz and the owners of the trademarks. Any references by Eduvanz to third-party trademarks are to identify the corresponding goods and/or services and are considered as nominative fair use.

DECLARATION

1.1If the Visitor does not agree with any of the Terms and Conditions, the Visitor must not access the Application. This Terms and Conditions constitutes a binding contract between the Visitor and Eduvanz with regard to the access and use of the Application.

1.2Eduvanz reserves the right to make any changes to the Terms and Conditions and the services offered to the Visitor ("Services"). Any changes to these Terms and Conditions will only be effective when posted on the Application, and the Visitor agrees to review this Terms and Conditions regularly to understand any changes.

1.3The Visitor agrees that this Terms and Conditions forms a valid contract between the Visitor and Eduvanz, and that Eduvanz may, at its sole discretion, amend any of the Services being provided by it vide the Application and/or this Terms and Conditions either wholly or partially, at any time and without the requirement of any prior notice or consent.

1.4The Visitor's use of certain Services, features, functionality or programs (including, without limitation, contests, sweepstakes, promotions, wireless marketing opportunities, RSS feeds, etc.) offered on or through the Application may be subject to additional terms and conditions, and before the Visitor uses any such Services, features, functionality or other programs he would be deemed to have accepted such additional rules upon the use of such Services or the Application in any manner.

1.5The Visitor expressly agrees that he will be deemed to have consented to the disclosure to, and use by, a subsequent owner or operator of the Application, of any information about the Visitor contained in the applicable Eduvanz database, to the extent Eduvanz assigns its rights and obligations regarding such information in connection with a merger, acquisition, or sale of all or substantially all of Eduvanz's assets, or in connection with a merger, acquisition or sale of all or substantially all of the assets related to this particular Application to a subsequent owner or operator. In the event of such a merger, acquisition, or sale, the Visitor's continuous use of the Application signifies the Visitor's agreement to be bound by the Policies or otherwise any new policy incorporated by the Application's subsequent owner or operator.

1.6Eduvanz reserves the right, in its sole discretion, to terminate the access to the Application and/or any of the Services or any portion thereof at any time, without any prior notice.

1.7The headings and subheadings herein are included for convenience and identification only and are not intended to describe, interpret, define or limit the scope, extent or intent of these Terms and Conditions or the right to use the Application by the Visitor as contained herein or any other section or pages of the Application in any manner whatsoever.

1.8The Terms and Conditions herein shall apply equally to both the singular and plural form of the terms defined. Whenever the context may require, any pronoun shall include the corresponding masculine and feminine. The words "include", "includes" and "including" shall be deemed to be followed by the phrase "without limitation". Unless the context otherwise requires, the terms "herein", "hereof", "hereto", "hereunder" and words of similar import refer to these Terms and Conditions as a whole.

1.9I have completed 18 years of age and a resident of India. I am competent to give present declaration & undertaking, submit the documents/details in digital mode for the purpose of availing the loan, and for all the purposes mentioned / required to be done for this.

1.10I declare that all the particulars, supporting documents and information provided by me at any time to Eduvanz are true, correct, complete and up-to-date in all respects and that I have not withheld/concealed any information whatsoever. Further, if any discrepancy is found or observed in the information or documents given by me/us, Eduvanz and Lending Partner shall have the sole discretion to cancel the sanction at any stage and recall the loan if already disbursed. I/We hereby undertake to indemnify Eduvanz for any loss of data in any electronic format any losses or damages that may arise on account on any material misstatement, misrepresentation, or gross negligence in providing the particulars, supporting documents and information therein.

1.11I agree that my action of entering the OTP sent by Eduvanz and clicking the “Submit” button constitutes a valid acceptance by me of the Terms contained herein and creates a binding and enforceable agreement between me and Eduvanz.

1.12I confirm that I have/had no insolvency proceedings against me nor have I ever been adjudicated insolvent by any court or other authority. Further, there has never been an award or an adverse judgement or decree in a court case involving breach of contract, tax malfeasance or other serious misconduct which shall adversely affect my/our ability to repay the loan; neither any criminal proceedings have been initiated and/or pending against me/us in any courts of India. I have never been a defaulter with Eduvanz and/or Lending Partner or any other financial institution.

1.13I authorize Eduvanz to exchange, share all information and details as provided by me and in relation to my existing loans and/or repayment history to any third party including but not limited to its group companies, service providers, banks, financial institutions, credit bureaus, telecommunication companies, statutory bodies, business partners etc. for customer verification, personalization of products or services, credit rating, data enrichment, marketing or promotion of Eduvanz services or related products or that of its associates/business partners and affiliates or for enforcement of your obligations and I shall not hold Eduvanz (or any of its group companies or its/their agents/representatives/ business partners) liable for the use/sharing of the information as stated above. Further, I/We authorize Eduvanz/Lending Partner or its agent to obtain my/our credit report from credit bureau agencies as recommended by NHB / Regulatory Authorities, Government of India, third party entities; to share information at periodical basis to credit bureaus, to make references, enquiries and obtaining information of this application which Eduvanz and/or Lending Partner considers necessary. I/We agree to indemnify Eduvanz and/or Lending Partner against any loss or damage (which Lending Partner may suffer) as a result of any action/claim raised by such institutions or any third party for making reference, conducting investigations and/or making disclosures in terms of this clause. I/we confirm that Do not Disturb (DND), if any, registered with telecom service providers, for the unsolicited communication referred in the “National Do Not Call Registry” (The “NDNC Registry”) laid down by TELECOM REGULATORY AUTHORITY OF INDIA LTD will not apply to any communication received for such purposes. I/We waive the privilege of Privacy & Privity of contract and such disclosure shall not amount to breach of any law, rule, regulation etc. in force. Eduvanz reserves the right to retain the photographs and documents submitted by me/us and will not return the same.

1.14I hereby expressly consent and authorise Eduvanz and Lending Partner and their representatives/agents/ business partners/ group companies/affiliates to send me/us updates or any communication regarding products/services offered by them using various communication channels, such as, telephone, calls/SMS/bitly/bots/emails/post etc.

1.15I understand and acknowledge that Eduvanz or the Lending Partner shall have absolute discretion, without assigning any reason to reject my application and Eduvanz and the Lending Partner shall not be responsible/liable in any manner whatsoever for such rejection. I/We confirm that I shall use the loan facility (or any part thereof) only for the purpose as mentioned in the loan Terms & Conditions and not for any improper/ illegal, speculative or anti-social or unlawful purpose /activities.

1.16I undertake to keep Eduvanz informed about any change/update in the information provided by me/us and undertake to inform Eduvanz and Lending Partner regarding any change in respect to my/our information submitted including change in address, income and telephone numbers etc. I/We agree that Eduvanz and/or Lending Partner shall be entitled to presume that any communication received by them through email ID / mobile number provided by me/us has been actually given by me/us and is genuine, valid & binding on me/us. Eduvanz and/or Lending Partner shall at no point of time be held liable & responsible to ensure or ascertain the validity of the said communication received through the said email ID / mobile Number. Eduvanz and/or Lending Partner may use external agencies to conduct credit & risk due diligence as well as document and field investigations and can share my personal data for the same.

1.17I further understand and agree that pursuant to the present form that, I will be required to submit documents to the satisfaction of Eduvanz and Lending Partner and accept the loan terms and conditions for availing the loan granted to me by Eduvanz and/or Lending Partner from time to time.

1.18Eduvanz and/or Lending Partner shall be under no obligation to refund the registration / upfront / processing / any other fee along with applicable taxes in any event. Further, no payment has or will be made either through cheque/cash or otherwise to any executive/DSA or person in his/her personal name for grant/processing of the loan.

1.19I/We hereby authorise Eduvanz and/or Lending Partner to receive my/our personal information from various sources including government repositories like Central KYC Registry, Digilocker etc, and also consent to receiving information from Central KYC Registry through SMS / e-mail on my/ our mobile number / email address as provided by me/us. I/we hereby consent and submit voluntarily at my/our own discretion and without coercion, the physical copies of my/our identification documents including Aadhaar card /e-Aadhaar / offline Aadhaar xml as issued by UIDAI (Aadhaar), with Eduvanz, Lending Partner and/or any Third Party to i) establish my identity / address proof, ii) enabling me/us to eSign the loan agreement and eSign the Mandate and authenticate my identity through the Aadhaar Authentication system (Aadhaar based e-KYC services of UIDAI) in accordance with the provisions of the Aadhaar (Targeted Delivery of Financial and other Subsidies, Benefits and Services) Act, 2016 and the allied rules and regulations notified thereunder (Purpose). I/Our hereby explicitly authorise lender partner and any other third party appointed by lender partner (Third Party) to fetch and verify my information regarding Aadhaar Number, Aadhaar XML, Virtual ID, e-Aadhaar, Masked Aadhaar, Aadhaar details, demographic information, identity information, Aadhaar registered mobile number, face authentication details and/or biometric information (“Aadhaar Information”) from UIDAI for the Purpose as mentioned above. I/We agree to take all the necessary actions required for the purpose of authenticating and verifying my/our Aadhaar Information. I/We understand and agree that the consent and purpose of collecting Aadhaar has been explained to me/us in local language. Eduvanz and Lending Partner has informed me/us that my Aadhaar submitted herewith shall not be used for any purpose other than mentioned above, or as per requirements of law and would be stored by Eduvanz and Lending Partner. I/We give a valid, binding, irrevocable and explicit authorisation and consent as maybe required under applicable laws, rules, regulations and guidelines for availing the Aadhaar API services of Eduvanz and Lending Partner including, but not limited to the transmission and storage of my Aadhaar Information by Eduvanz and Lending Partner.

1.20I also agree that if I avail any loans through Eduvanz, I will not (i) use the proceeds thereof for any purpose other than as declared to Eduvanz or our lending partners, (ii) accept or attempt to receive the credit facility in the form of cash or any other means, (iii) use the Services in violation of applicable law or (iv) circumvent or attempt to circumvent the provisions of any terms that apply to me or act in a manner that is fraudulent, malicious or otherwise prejudicial Eduvanz’s reputation direct or indirect interests in relation to the Services.

1.21Eduvanz also has the right to report my details to CICs in the event that I have delayed repaying my loan instalment.

LIMITED VISITOR

2.1By using the App and/or submitting the Visitor’s information including any personal information on the App, the Visitor expressly consents to the transfer of such data to Eduvanz, and to the processing of such data on the server of Branch, where the Visitor’s data will be governed by laws of India (“Applicable Laws”)Eduvanz.

2.2The Visitor agrees and undertakes not to use the Application for any illegal purposes or sell, trade or resell or exploit for any commercial purposes, any portion of the Services. For the removal of doubt, it is clarified that the Services, including the use of the Application, is not for commercial use but is specifically meant for personal use only of the Visitor.

2.3The Visitor further agrees and undertakes not to copy, distribute, transmit, display, perform, reproduce, publish, license, reverse engineer, create derivative works from, transfer, or sell any information, software, products, services or intellectual property obtained from the Application in any manner whatsoever.

DISCLAIMER OF WARRANTIES

3.1Eduvanz and Lending Partner do not provide any representations and warranties (whether implied or express) for the quality, accuracy or completeness of any data or information on the Application and disclaims all warranties of fitness for a particular purpose and merchantability including any liability, responsibility or any other claim, whatsoever, in respect of any loss, whether direct or consequential, to any Visitor or any other person, arising out of or from the use of any such information on the App.

3.2Eduvanz does not endorse any advertiser on its Application in any manner. The Visitors are requested to verify the accuracy of all information on their own before undertaking any reliance on such information.

3.3Eduvanz and Lending Partner shall not be liable for any direct, indirect, punitive, incidental, special, consequential damages or any other damages resulting from:

a.the use or the inability to use the Services;

b.the cost of procurement of services substitute to the Services;

c.unauthorized access to or alteration of the Visitor's transmissions or data;

d.any other matter relating to the Services; including, without limitation, damages for loss of use, data or profits, arising out of or in any way connected with availing of the Services through the Application.

3.4Eduvanz (including its officers, directors, employees, representatives, affiliates, and providers) shall not be responsible for the delay or inability to use the Application or the Services, the provision of or failure to provide the Services, or for any information, software, products, services and related graphics obtained from Eduvanz through the Application, whether based on contract, tort, negligence, strict liability or otherwise. Further, Eduvanz shall not be held responsible for non-availability of the Application during periodic maintenance operations or any unplanned suspension of access to the Application and/ or the Services that may occur due to technical reasons or for any other reason whatsoever. The Visitor understands and agrees that any material and/or data downloaded or otherwise obtained from Eduvanz through the Application is done entirely at his discretion and risk and he will be solely responsible for any damage to his computer systems or any other loss that results from such material and/or data.

3.5These limitations, disclaimer of warranties and exclusions apply without regard to whether the damages arise from:

a.breach of contract;

b.breach of warranty;

c.negligence, or

d.any other cause of action, to the extent such exclusion and limitations are not prohibited by applicable law.

4.1The Application may contain links to other websites or may contain features of any nature of other websites on the Application ("Allied Sites"). The Allied Sites are not under the control of Eduvanz or the Application and Eduvanz is not responsible for the contents of any Allied Site, including without limitation any link or advertisement contained in the Allied Site, or any changes or updates to the Allied Site.

4.2Eduvanz is not responsible for any errors, inclusions, omissions or representations on any Allied Site, or on any link contained in the Allied Site. Eduvanz does not endorse any advertiser on any Allied Site or on any link contained in the Allied Site, in any manner. The Visitor is requested to verify the accuracy of all information on his own before undertaking any reliance on such information.

USE OF MESSAGE SERVICES

5.1The Application may contain services such as email, chat, bulletin board services, news groups, forums, communities, personal web pages, calendars, and/or other message ("Message Services"). The Visitor agrees and undertakes to use the Message Services only to post, send and receive messages and material that are proper and related to the particular Message Service. By way of example, and not as a limitation, the Visitor agrees and undertakes that when using a Message Service, the Visitor will not:

a.threaten, abuse, harass, stalk, defame, or otherwise violate the legal rights of others;

b.publish, upload, post, distribute or disseminate any defamatory, infringing, inappropriate, obscene, profane, indecent or unlawful topic, name, material or information;

c.upload files that contain software or other material protected by intellectual property laws unless the Visitor owns or controls the rights thereto or has received all necessary consents;

d.upload or distribute files that contain viruses, corrupted files, or any other similar software or programs that may damage the operation of the Application or another's computer;

e.advertise or offer to sell or buy any goods or services for any business purpose, unless such Message Service specifically allows such messages;

i.download any file posted by another user of a Message Service that the Visitor knows, or reasonably should know, cannot be legally distributed in such manner;

ii.conduct or forward surveys, contests, pyramid schemes or chain letters;

iii.violate any code of conduct or other guidelines, which may be applicable for or to any particular Message Service;

iv.falsify or delete any author attributions, legal or other proper notices or proprietary designations or labels of the origin or source of software or other material contained in a file that is uploaded;

v.violate any applicable laws or regulations for the time being in force in or outside India; and

vi.violate any of these terms and conditions or any other terms and conditions for the use of the Application contained elsewhere herein.

5.2Eduvanz is not responsible for any errors, inclusions, omissions or representations on any Allied Site, or on any link contained in the Allied Site. Eduvanz does not endorse any advertiser on any Allied Site or on any link contained in the Allied Site, in any manner. The Visitor is requested to verify the accuracy of all information on his own before undertaking any reliance on such information.

5.3Eduvanz does not control or endorse the content, messages or information found in any Message Service and, therefore, Eduvanz specifically disclaims any liability or responsibility whatsoever with regard to the Message Services and any actions resulting from the Visitor's participation in any Message Service.

5.4When you register with the Application, Eduvanz or any of its partners/ affiliate/ group companies may contact you from time to time to provide the offers/ information of such products/ services that they believe may benefit you.

VISITOR'S OBLIGATIONS

6.1The Visitor undertakes that the Visitor shall not:

a.create or submit anything that is unlawful, pornographic, defamatory, libellous, obscene, threatening, harassing, discriminatory, bullying, vulgar, indecent, profane, hateful, racially, culturally or ethnically offensive, or that encourages criminal conduct, or that gives rise, or potentially gives rise, to civil or criminal liability, or that violates any applicable laws, rules, regulations or Government of India's guidelines or that infringes or violates other parties' intellectual property rights or links to infringing or unauthorized content;

b.embed, re-publish, maintain and/or display any Application content on any website or other Internet location that ordinarily contains or hosts content that is unlawful, pornographic, obscene, defamatory, libellous, threatening, discriminatory, harassing, bullying, vulgar, indecent, profane, hateful, racially, culturally or ethnically offensive, or that encourages criminal conduct, or that gives rise, or potentially gives rise, to civil or criminal liability, or that violates any Applicable Laws, or that infringes or violates other parties' intellectual property rights or links to infringing or unauthorized content;

c.send spam, chain letters, or any other unsolicited or unauthorized advertising or promotional materials, or to harass, bully, stalk, harm, or otherwise cause mental or physical distress or injury to anyone, or to defame or disparage someone, or for any other unlawful or objectionable (as determined by Eduvanz) purpose;

d.provide false information about him or anyone else (including, without limitation, if and when the Visitors are being asked on the Application to provide accurate information about the Visitor's age), and the Visitor will not impersonate or appear to impersonate anyone else or otherwise misrepresent the Visitor's affiliation with any person or entity;

e.use any one or more of the Licenses (as defined below) to collect, obtain, compile, gather, transmit, reproduce, delete, revise, view, display, forward, any material or information, whether personally identifiable or not, posted by or concerning any other user of the Application, unless the Visitor would have obtained prior permission from such user to do so;

f.interfere with or disrupt, or attempt to interfere with or disrupt, the operation of the Application (or any parts thereof);

g.remove, alter, interfere with or circumvent any of copyright, trademark, watermark, or other proprietary notices marked/displayed on Application content;

h.remove, alter, interfere with or circumvent any digital rights management mechanism, device or other content protection or access control measure (including, without limitation geo filtering and/or encryption) associated with Application content;

i.use any of the rights granted to him or any of the Application content in a manner that suggests an association with any of Eduvanz's products, Services or brands, unless otherwise specifically permitted by Eduvanz;

j.use bots, spiders, offline readers or other automated systems to access or use the Application in a manner that sends more request messages to the Application's servers in a given period of time than a human can reasonably produce in the same period by using a conventional Web browser, unless the Visitor is a lawfully operating a public search engine, in which case (subject to Eduvanz's full discretion to revoke this exception at any time), the Visitor may use spiders to index materials from the Application for the sole purpose of creating publicly available searchable indices (but not caches or archives) of such materials;

k.knowingly transmit any material that contains adware, malware, spyware, software viruses, time bombs, cancel bots, worms, trojan horses, 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;

l.do anything that is likely to adversely affect or reflect negatively upon or harm the goodwill or reputation of Eduvanz or any of its affiliates, or the Application, or any of the content running or being promoted on the Application (including, without limitation, any movie, television program or other initiative);

m.do anything on the Application that would prevent other users' access to or use of the Application or any part thereof; and

6.2Eduvanz is not responsible for any errors, inclusions, omissions or representations on any Allied Site, or on any link contained in an Allied Site. Eduvanz does not endorse any advertiser on any Allied Site or on any link contained in an Allied Site, in any manner. The Visitor is requested to verify the accuracy of all information on his own before undertaking any reliance on such information.

6.3The Visitor and/or the advertising agency or agent of the Visitor represents and warrants that it has the power and authority to execute, deliver and perform its obligations under these Terms and Conditions and all necessary corporate, shareholder and/or other actions have been taken by it to authorize such execution, delivery and performance, and that this Terms and Conditions constitutes its legal, valid and binding obligation, enforceable in accordance with its terms. The execution, delivery and performance of its obligations under these Terms and Conditions does not and will not contravene any laws, regulation or order of any authority or other official body or agency or any judgment or decree of any court having jurisdiction over it or conflict with or result in any breach or default under any document binding upon it.

6.4The Visitor represents and confirms that the Visitor is of legal age to enter into a binding contract and is not a person barred from accessing and using the Application and availing the Services under the laws of India or other applicable law.

6.5The Visitor acknowledges and agrees that:

a.as between Visitor and Eduvanz and its Affiliates, Eduvanz or the Affiliates own all right, title and interest in Eduvanz;

b.nothing in these Terms and Conditions shall confer in the Visitor any license or right of ownership in Eduvanz’s intellectual property rights and/or the Application or its contents.

6.6To avail a Service through the Application, the Visitor has and must continue to maintain at his sole cost:

a.all the necessary equipment’s including a computer and modem etc. to access the Application and/or avail the Services;

b.own access to the World Wide Web. The Visitor shall be responsible for accessing the Application and/or availing the Services which may involve third party fees including, air time charges or internet service provider's charges which are to be exclusively borne by the Visitor.

c.The Visitor also understands that the Services may include certain communications from Eduvanz as service announcements and administrative messages. The Visitor understands and agrees that the Services are provided on an "as-is-where-is" basis and that Eduvanz does not assume any responsibility for deletions, mis-delivery or failure to store any Visitor communications or personalized settings.

LICENSE AND PROPRIETARY RIGHTS

7.1Subject to the terms of these Terms and Conditions, Eduvanz hereby grants to the Visitor, if and only to the extent the necessary functionality is provided to the Visitor on or through the Application, the following limited, revocable, non-exclusive, non-transferable,non-assignable, worldwide, royalty-free rights and licenses (each a "License"):

a.the License to access, view and otherwise use the Portal (including, without limitation any information or Services provided on or through the Portal) for your personal, lawful use only, as intended through the normal functionality of the Portal;

b.the License to use any other functionality expressly provided by Eduvanz on or through the Application for use by visitors, subject to these Terms and Conditions.

7.2The content of the Application and all copyrights, patents, trademarks, service marks, trade names and all other intellectual property rights therein are owned by Eduvanz and/or its licensors and are protected by applicable Indian and international copyright and other intellectual property law. The Visitor acknowledges, understands and agrees that he shall not have, nor be entitled to claim, any rights in and to the Application content and/or any portion thereof.

7.3Eduvanz may provide the Visitor with content including information, sound, photographs, graphics, video or other material through the Application. This material may be protected by copyrights, trademarks or other intellectual property rights and laws. The Visitor may use this material only as expressly authorized by Eduvanz and shall not copy, transmit or create derivative works of such material without express authorization from Eduvanz.

7.4The Visitor agrees that the Visitor shall not upload, post, reproduce or distribute any content on or through the Application that is protected by copyright or other proprietary right of a third party, without obtaining the permission of the owner of such right. Any copyrighted or other proprietary content distributed on or through the Application with the consent of the owner must contain the appropriate copyright or other proprietary rights notice. The unauthorized submission or distribution of copyrighted or other proprietary content is illegal and could subject the Visitor to liability under Applicable Laws.

REGISTRATION PROCESS FOR VISITOR

8.1Registration of the Visitor on the Application is optional. If the Visitor opts to register himself on the Application, upon completion of the registration process, the Visitor shall receive a user id and password. The Visitor agrees and undertakes at all times to be responsible for maintaining the confidentiality of the password and user id, and shall be fully responsible for all activities that occur by use of such password or user id. Further, the Visitor agrees not to use any other party's under id and password for any purpose whatsoever without proper authorization from such party. The Visitor is responsible for the security of his password and for all transactions undertaken using his password. The password entered by the Visitor is transmitted in one-way encrypted form to Eduvanz's database and stored as such. Thus, the password will not be known even to Eduvanz. Eduvanz will not be responsible for any financial loss, inconvenience, or mental agony resulting from the misuse of your ID / password / account details.

8.2The Visitor also agrees and undertakes to immediately notify Eduvanz of any unauthorized use of the Visitor's password or user id and to ensure that the Visitor logs off at the end of each session at the Application. Eduvanz shall not be responsible for any, direct or indirect loss or damage arising out of the Visitor's failure to comply with this requirement.

8.3The Visitor also agrees to:

a.provide true, accurate and complete information about himself and his beneficiaries as prompted by the registration form("Registered Data") on the Application; and

b.maintain and promptly update the Registered Data to keep it true, accurate, current and complete. If the Visitor provides any information that is untrue, inaccurate, not current or incomplete or Eduvanz has reasonable grounds to suspect that the Registered Data or any part thereof is untrue, inaccurate, not current or incomplete, Eduvanz has the right to suspend or terminate the Visitor's registration and refuse any and all current or future use of the Application and/or any of the Eduvanz Services.

DECLARATION FROM VISITOR

9.1Visitor hereby agrees to submit voluntarily at his own discretion, the physical copy/e-Aadhaar card/ masked Aadhaar issued by UIDAI, to Eduvanz for the purpose of establishing Visitor’s entity/address proof while obtaining loan from Eduvanz and hereby consent for verification of Visitor’s Aadhaar to establish its genuineness by QR code embedded in the Aadhaar card or through such other acceptable manner as per UIDAI or under any Act or law from time to time. Eduvanz has informed Visitor that Aadhaar shall not be used for any purpose other than mentioned above or as per requirements of law.

9.2Eduvanz has informed Visitor that this consent and Visitor’s Aadhaar will be stored along with other details.

9.3Visitor hereby authorizes Eduvanz to carry out credit enquiries on the credit bureaus.

9.4Visitor hereby declare that all the information voluntarily furnished by him is true, correct and complete and confirms that Visitor will not hold Eduvanz or any of its officials responsible in case of any incorrect information provided by him.

10.1 Institute, its employees or any person on behalf of the Institute collecting and sharing identification documents with Eduvanz hereby confirm(s) that they have verified documents against the original documents and confirmed that students/borrowers are in possession of these documents. The Institute, its employees or any such person on behalf of the Institute are well aware of the requirements for KYC verification imposed by RBI and Eduvanz. The Institute agrees and confirms that all KYC documents that are disclosed to the Institute or to which the Institute has access will be kept strictly confidential, and shall not be used or disclosed or otherwise made available by the Institute to any person, except in accordance with the procedures set out by Eduvanz for the process of the loan application of Visitor.

10.2The Institute agrees and understands that Eduvanz shall not be responsible for any direct, indirect or consequential loss that is suffered by the Visitor, resulting from accidental or deliberate action of the Institute.

11.1Any representative collecting and sharing identification documents with Eduvanz hereby confirms that they have verified documents against the original documents and confirmed that students/borrowers are in possession of these documents. Representative understands and agrees that collection of identification documents and undertake verification of the students/borrowers being referred to Eduvanz. The Representative is well aware of the requirements for KYC verification imposed by RBI and Eduvanz and he/she has personally seen and verified all original documents of the students/borrowers being submitted to Eduvanz. The Representative agrees and confirms that all KYC documents that are disclosed to the Representative or to which the Representative has access will be kept strictly confidential, and shall not be used or disclosed or otherwise made available by the Representative to any person, except in accordance with the procedures set out by Eduvanz for the process of the loan application of Visitor.

11.2The Representative agrees and understands that Eduvanz shall not be responsible for any direct, indirect or consequential loss that is suffered by the Visitor, resulting from accidental or deliberate action of the Representative.

12.1Without prejudice to the other remedies available to Eduvanz under these Terms and Conditions or under Applicable Law, Eduvanz may limit the Visitor's activity, warn other Visitors of the Visitor's actions, immediately temporarily / indefinitely suspend or terminate the Visitor's registration, and/or refuse to provide the Visitor with access to the Application if:

12.2the Visitor is in breach of these Terms and Conditions and/or the documents it incorporates by reference;

12.3Subject to Clause 9.2, the Parties hereby agree to keep the Confidential Information confidential and shall not disclose the same without the consent of the other Party.

12.4Eduvanz believes that the Visitor's actions may infringe on any third party rights or breach any applicable law or otherwise result in any liability for the Visitor, other Visitors of the Application and/or Eduvanz.

12.5Eduvanz may at any time in its sole discretion reinstate suspended Visitors. Once the Visitor has been indefinitely suspended the Visitor may not register or attempt to register with Eduvanz or use the Application in any manner whatsoever until such time that the Visitor is reinstated by Eduvanz. Notwithstanding the foregoing, if the Visitor breaches these Terms and Conditions or the documents it incorporates by reference, Eduvanz reserves the right to recover any amounts due and owing by the Visitor to Eduvanz and to take strict legal action as Eduvanz deems necessary.

13.1Eduvanz may terminate these Terms and Conditions and any of the Services with or without cause at any time to be effective immediately.

13.2The Visitor agrees that Eduvanz may under certain circumstances and without prior notice, immediately terminate the Visitor's user id and access to the Application/ Eduvanz Services. Causes for termination may include, but shall not be limited to, breach by the Visitor of these Terms and Conditions, requests by enforcement or Government agencies, requests by the Visitor.

13.3This Terms and Conditions may be terminated by either the Visitor or Eduvanz through a written notice to the other. Eduvanz shall not be liable to the Visitor or any third party for termination of any Eduvanz Service. Should the Visitor object to any terms and conditions of these Terms and Conditions or become dissatisfied with any Eduvanz Service in any way, the Visitor's only recourse is to immediately:

a.discontinue use of the Website/ EDUVANZ Service;

b.notify Eduvanz of such discontinuance.

13.4Upon termination of these Terms and Conditions, the Visitor's right to use the Application/ Services and software shall immediately cease. The Visitor shall have no right and Eduvanz shall have no obligation thereafter to execute any of the Visitor's uncompleted tasks or forward any unread or unsent messages to the Visitor or any third party. Once the Visitor's registration or the Services are terminated, cancelled or suspended, any data that the Visitor has stored on the Application may not be retrieved later.

14.1None of the provisions of these Terms and Conditions or any other section or pages of the Application and/or the Allied Sites, shall be deemed to constitute a partnership between the Visitor and Eduvanz and no party shall have any authority to bind or shall be deemed to be the agent of the other in any way; provided, however, that if by using the Application, the Visitor authorizes Branch and its agents to access third party sites designated by them or on their behalf for retrieving requested information, the Visitor shall be deemed to have appointed Eduvanz and its agents as his agent for this purpose.

15.1The Visitor agrees to indemnify, defend and hold harmless Eduvanz, its affiliates, group companies and their directors, officers, employees, representatives, agents, third party service providers, Lending Partners and any other third providing any service to Eduvanz in relation to the Services whether directly or indirectly, from and against any and all losses, liabilities, claims, damages, costs and expenses (including legal fees and disbursements in connection therewith and interest chargeable thereon) asserted against or incurred by Eduvanz that arise out of, result from, or may be payable by virtue of, any breach or non-performance of any terms of these Terms and Conditions including any representation, warranty, covenant or agreement made or obligation to be performed by the Visitor pursuant to these Terms and Conditions.

15.2The Institute agrees to indemnify, defend and hold harmless Eduvanz, its affiliates, group companies and their directors, officers, employees, representatives, agents, third party service providers, Lending Partners and any other third party providing any service to Eduvanz in relation to the Services whether directly or indirectly, from and against any and all losses, liabilities, claims, damages, costs and expenses (including legal fees and disbursements in connection therewith and interest chargeable thereon) asserted against or incurred by Eduvanz that arise out of, result from, or may be payable by virtue of, any breach or non-performance of confidentiality clause or any other terms of these Terms and Conditions including any declaration made or obligation to be performed by the Institute pursuant to these Terms and Conditions.

15.3 The representative agrees to indemnify, defend and hold harmless Eduvanz, its affiliates, group companies and their directors, officers and Key Managerial persons in relation to the Services whether directly or indirectly, from and against any and all losses, liabilities, claims, damages, costs and expenses (including legal fees and disbursements in connection therewith and interest chargeable thereon) asserted against or incurred by Eduvanz that arise out of, result from, or may be payable by virtue of, any breach or non-performance of confidentiality clause or any other terms of these Terms and Conditions including any declaration made or obligation to be performed by the Representative pursuant to these Terms and Conditions.

16.1The Visitor understands and expressly agrees that to the extent permitted under applicable laws, in no event will Eduvanz or any of its affiliates or group companies or any of their respective officers, employees, representatives, directors, shareholders, agents, or licensors be liable to you or anyone else under any theory of liability (whether in contract, tort, statutory, or otherwise) for any direct, indirect, incidental, special, consequential or exemplary damages, including but not limited to, damages for loss of revenues, profits, goodwill, use, data or other intangible losses (even if such parties were advised of, knew of or should have known of the possibility of such damages), resulting from the Visitor’s use (or the use of anyone using an account registered to the Visitor) of the Application or any parts thereof.

16.2Notwithstanding anything to the contrary herein, the Visitor hereby irrevocably waives any right or remedy to seek and/or obtain injunctive or other equitable relief or any order with respect to, and/or to enjoin or restrain or otherwise impair in any manner, the production, distribution, exhibition or other exploitation of any Eduvanz or any of its affiliate or group company related project, or the use, publication or dissemination of any advertising in connection with such project.

17.1Eduvanz shall not be liable for any failure to perform any of its obligations under these Terms and Conditions or provide the Services or any part thereof if the performance is prevented, hindered or delayed by a Force Majeure Event (defined below) and in such case its obligations shall be suspended for so long as the Force Majeure Event continues. "Force Majeure Event" means any event due to any cause beyond the reasonable control of any Party, including, without limitation, unavailability of any communication system, breach or virus in the systems, fire, flood, explosion, acts of God, civil commotion, riots, insurrection, war, acts of Government.

18.1If any provision of these Terms and Conditions is determined to be invalid or unenforceable in whole or in part, such invalidity or unenforceability shall attach only to such provision or part of such provision and the remaining part of such provision and all other provisions of these Terms and Conditions shall continue to be in full force and effect.

19.1All notices and communications from the Visitor to Eduvanz in relation to the Application and/or any of the Services (including those terminations of the Services etc.) shall be in writing, in English and shall deemed given if delivered personally or by commercial messenger or courier service, or mailed by registered or certified mail (return receipt requested) or sent via email/facsimile (with acknowledgment of complete transmission) to the following address: B/202, Times Square Building, Opp. Mittal Industrial Estate, Andheri Kurla Road, Andheri East, Mumbai - 400 059, Maharashtra, India and/or at the address posted on the Application.

19.2Notice shall be deemed to have been served 48 hours after it has been sent, dispatched, displayed, as the case may be, unless, where notice has been sent by email, it comes to the knowledge of the sending party, that the email address is invalid.

20.1If the Visitor wishes to contact us in writing, or if any condition in these Terms and Conditions requires the Visitor to give us notice, the Visitor can send this to us by e-mail to or to such e-mail address that may be communicated to the Visitor from time to time. We will confirm receipt of this by contacting the Visitor in writing by e-mail.

20.2If we have to contact the Visitor or give him notice in writing, we will do so by in-App chat, e-mail, or SMS to the mobile phone number or email address the Visitor provides to us through the App.

21.1This Terms and Conditions shall be governed in accordance with laws of India and any disputes arising out of or in connection with these terms and conditions shall be subject to exclusive jurisdiction of courts in Mumbai.

22.1Once the payment has been made, no cancellation request will be entertained for any reason.

23.1The Visitor hereby confirms and records that the contents of these Terms and Conditions (as and when demanded by the Visitor) have been read out and explained to the satisfaction of the Visitor. The Visitor agrees to abide by the same at all times.

INFORMATION THE APP COLLECTS

When you use our App, we collect and store your information (personal information) which is provided by you from time to time by explicitly seeking permissions from you to get the required information. Our primary goal in doing so is to provide you a safe, efficient, smooth and customized experience and services. This allows us to provide services and features that meets your needs, and to customize our App to make your experience safer and easier and to improve the services provided by us. More importantly, we collect personal information from you that we consider necessary for achieving the aforementioned purpose.

In general, you can browse the Website or App without telling us who you are or revealing any personal information about yourself. However, to create an account on the Website or App, you must provide us with certain basic information required to provide customized services. The information we collect from you, inter alia, including:

When you install our app, for first time login you provide us with your personal information which includes phone number for mobile number verification.

COLLECTION OF LOCATION

We collect location information from your device to reduce the risk associated with your account.

COLLECTION OF DEVICE INFORMATION

The information the App collects, and how that information is used, depends on how you manage your privacy controls on your device.

When you install the App, we store the information we collect with unique identifiers tied to the device you’re using.

We collect information from the device when you download and install the App and explicitly seek permissions from YOU to get the required information from the device.

The information we collect from your device includes the unique ID i.e. IMEI number, information on operating system, SDK version and mobile network information including carrier name, SIM Serial and SIM Slot, your profile information, list of installed apps, wi-fi information.

We collect information about your device to provide automatic updates and additional security so that your account is not used in other people’s devices. In addition, the information provides us valuable feedback on your identity as a device holder as well as your device behaviour, thereby allowing us to improve our services and provide an enhanced customized user experience to you.

WHY EDUVANZ COLLECTS DATA

We use data to build better services.

We use the information we collect from the App for the following purposes:

PRIVACY CONTROLS

You have choices regarding the information we collect and how it is used:

SECURITY PRECAUTIONS

The Website/App intends to protect your personal information and to maintain its accuracy as confirmed by you. We implement reasonable physical, administrative and technical safeguards to help us protect your personal information from unauthorized access, use and disclosure. For example, we encrypt all sensitive personal information when we transmit such information over the internet. We also require that our registered third party service providers protect such information from unauthorized access, use and disclosure.

Our App has stringent security measures in place to protect the loss, misuse and alteration of information under control. We Endeavour to safeguard and ensure the security of the information provided by you. We use Secure Sockets Layers (SSL) based encryption, for the transmission of the information, which is currently the required level of encryption in India as per the law.

We blend security at multiple steps within our products with the state-of-the-art technology to ensure our systems maintain strong security measures and the overall data and privacy security design allow us to defend our systems ranging from low hanging issue up to sophisticated attacks.

SHARING YOUR INFORMATION

We do not share your personal information with companies, organizations, or individuals outside of the App except in the following cases:

KEEPING YOUR INFORMATION SECURE

We build security into our Services to protect your information.

The App is built with strict security features that continuously protects your information.

Our App has stringent security measures in place to protect the loss, misuse and alteration of information under control. We Endeavour to safeguard and ensure the security of the information provided by you. We use Secure Sockets Layers (SSL) based encryption, for the transmission of the information, which is currently the permitted level of encryption in India. When the information provided by you is not transmitted through this encryption, your system (if configured accordingly) will display an appropriate message ensuring the best level of secrecy for your information.

We work hard to protect from unauthorized access, alteration, disclosure or destruction of information we hold, including:

DELETING YOUR INFORMATION

To delete your information, you can:

We regularly review this Privacy Policy and make sure that we process your information in ways that comply with it.

We will share your information with only our registered third parties including our regulated financial partners for provision of services on the Website and/or for facilitation of a loan / facility to a User. We will share your information with third parties only in such manner as described below:

In case we use or disclose your information for any purpose not specified above, we will take your explicit consent.

Our application has a link to a registered third party SDK which collects data on our behalf and data is stored to a secured server to perform a credit risk assessment. We ensure that our third party service provider takes extensive security measures in order to protect your personal information against loss, misuse or alteration of the data.

Our third-party service provider employs separation of environments and segregation of duties and have strict role-based access control on a documented, authorized, need-to-use basis. The stored data is protected and stored by application-level encryption. They enforce key management services to limit access to data.

Furthermore, our registered third party service provider provides hosting security – they use industry-leading anti-virus, anti-malware, intrusion prevention systems, intrusion detection systems, file integrity monitoring, and application control solutions.

Due to changes in legislation or enhancements to functionality and content on the Application, Eduvanz may make changes to the Privacy Policy (without being obliged to do so) and would reflect those changes in this Privacy Policy. If our Privacy Policy changes in the future, it will be posted here and a new effective date will be shown. Hence, customers are requested to go through the Privacy Policy statement on a regular basis.

While using Eduvanz Application, the customer agrees not to, by any means (including hacking, cracking or defacing any portion of the Application) indulge in illegal or unauthorized activities including the following:

When does this policy apply:

This Privacy Policy applies to the Services offered by the Eduvanz App.

In accordance with the Information Technology Act 2000 and rules made thereunder, the name and contact details of the Grievance Officer are provided below:

Details of the Grievance Officer of the Company are provided below:

Harshvardhan Khangarot
Eduvanz Financing Private Limited
B/202, Times Square Building,
Opp. Mittal Industrial Estate,
Andheri Kurla Road, Andheri East,
Mumbai - 400 059
Phone: 022-4179 1756 / 91 7039298529
Email: harshvardhan.khangarot@eduvanz.com
Time: Monday -Saturday (9.30 am till 8.30 pm)

You may contact the Grievance Officer in relation to any grievances that you may have in relation to this Privacy Policy.

Reserve Bank of India ( RBI) had vide its Circular DNBS / PD / CC No. 95/ 03.05.002/ 2006-07 dated May 24, 2007 advised that Boards of Non-Banking Finance Companies(“NBFC”) to lay out appropriate internal principles and procedures in determining interest rates, processing and other charges. Further, vide circular DNBS (PD)C.C. No. 133 /03.10.001/ 2008-09 January 2, 2009, RBI advised the NBFCs to adopt appropriate interest rate models taking into account relevant factors and to disclose the rate of interest, gradations of risk and rationale for charging different rates of interest to different category of borrowers.

Keeping view of the RBI Guidelines as cited above, the following internal guiding principles and interest rate model are therefore laid out by the board of Eduvanz Financing Private Limited (the “Company”). This policy should always be read in conjunction with RBI guidelines, directives, circulars and instructions. The Company will apply the best industry practices so long as such practice does not conflict with or violate RBI guidelines.

Eduvanz Financing Private Limited offers zero cost loan to individuals pursuing vocational/educational courses from a recognized institute. Students are offered zero cost loans at institutes that have partnered with Eduvanz. In such scenarios, institute bears the interest cost, as would have been borne by an individual student in the absence of such partnership. Eduvanz may have a subvention arrangement with the Institution pursuant to which Eduvanz shall be entitled to subvention benefits in the range of 15% to 45%.

In all other scenarios normal interest rates are charged from the students/customer. The effective rate of Interest may vary within the range of 15% to 45%, the details whereof shall be set out in the Repayment Schedule which are shared with the Borrower(s) in the ‘Welcome Letter/Welcome Kit’.

The interest rate and yield for each of the loan product would be decided by the management from time to time.

The rate of interest shall be determined based on the cost of borrowed funds, matching tenor cost, refinance avenues, offerings by competition, tenure of customer relationship, and cost of disbursements (Cost of Fund).

In addition to the cost of fund, the rate of interest shall further be determined based on inherent credit and default risk in the products and customer per se arising from customer segment, profile of the customers, professional qualifications, stability in earning and employment and repayment ability, overall customer yield, risk premium, past repayment track record of the customers, ratings of the institutes, industry trends, etc.

The company may adopt an interest rate model whereby the rate of interest for same product and tenor availed during same period by customers would be different from customer to customer depending upon consideration of any or combination of a few or all factors listed out in point above. Hence, the interest rate applied would be different from customer to customer.

The annualized rate of interest would be intimated to the customer. The interest rates would be offered on fixed, floating, variable basis. The rate of interest set out shall be calculated on a reducing basis, effective rate of Interest may vary within the range of 15% to 45%, the details whereof shall be set out in the Repayment Schedule which will be shared with the Borrower(s) in the ‘Welcome Letter/Welcome Kit’.

The interest rate would be computed on daily balances basis and charged on monthly rest or such other rest as the management decides in accordance with applicable rules and regulations.

The amount of EMI/Monthly Instalment payable by the Borrower shall be calculated and paid on the Loan Amount set out in the Loan Summary.

Interest rates shall be intimated to the customers at the time of sanction/ availing of the loan and the equated instalments apportionment towards interest and principal dues shall be made available to the customer.

Interest changes would be prospective in effect and intimation of change of interest, if any, or other charges would be communicated to customers.

In case deemed fit, the Company may consider necessary moratorium for interest payment and repayment of principal with proper built in pricing.

In case of staggered disbursements, the rate of interest would be subjected to review and the same may vary according to the prevailing rate at the time of disbursement or as may be decided by the Company.

The interest rate and other charges applicable from time would be hosted on website and updated from time to time.

Besides normal interest, the Company may collect penal interest / late payment charges for any delay or default in making payments of any dues. These penal interest / late payment charges for different products or facilities would be decided by the Company from time to time.

No claims for refund or waiver of such charges/ penal interest / additional interest would normally be entertained by the company and it is the sole discretion of the company to deal with such requests if any.

All processing / documentation and other charges recovered are expressly stated in the Loan documents. They vary based on the loan product, exposure limit, customer segment, geographical location and generally represent the cost incurred in rendering the services to the customers. The practices followed by other competitors in the market would also be taken into consideration while deciding the charges.

The interest rate models, benchmark prime lending rate (BPLR) and other charges applicable shall be reviewed by the management periodically and suitable recommendations will be made.

Eduvanz Financing Pvt Ltd offers competitive annualized interest rates across its range of products. The interest rates* for our loan products vary and are based on the following:
*Profile of Customers
*Tenure of the Loan
*Geography of residence
*Prior / existing relationship with Eduvanz Financing Pvt Ltd.
*The interest rate would be computed on daily balances basis and charged on monthly rest at the rate as set out in the loan agreement. Interest rates are subject to change at any point of time at the sole discretion of Eduvanz Financing Pvt Ltd.

Eduvanz Financing Private Limited (the “Company”) registered as Non-Banking Financial Company (NBFC) with Reserve Bank of India (“RBI”) is engaged in the business of providing easy, transparent and speedy loans using innovative technology solutions (“Loan(s)”) to all deserving and needy candidates/applicants (“Customer(s)”) without any discrimination on the basis of race, caste, colour, religion, sex, marital status, age or handicap, to be fair and reasonable in all customer dealings. The Loan is provided to the Customers at low interest rates so that they can easily pursue their dream career.

Pursuant to the revised guidelines on Fair Practices Code (“FPC”) issued by RBI on July 1, 2015 to all NBFCs, the Company, has formulated and implemented the below detailed Fair Practice Code (“Code”). This Code which has been reviewed and approved by the Board of Directors, shall come into effect from November 1, 2018.

The Code applies to all the products and services, provided by the Company across the counter, over the phone, by post, through interactive electronic devices, on the Internet or by any other method (currently offered or introduced at a future date).

The objectives of the Code are:

a.To follow good, fair and transparent business practices by setting minimum reasonable standards;

b.To promote a fair relationship between the customer and Company;

c.To ensure compliance with legal norms in matters relating to recovery of advances;

d.To strengthen mechanisms for redressal of Customer grievances.