Terms & Conditions
- By registering with Zest and by using Zest’s services (referred to collectively as “Services”), you understand and agree that Zest will treat your use of the Services as acceptance of these terms and conditions (“Terms”) from that point onwards.
- You understand and acknowledge that ”Zest/ ZestMoney” and domain name www.zestmoney.in have been assigned to Camden Town Technologies Pvt Ltd through an assignment agreement. Camden Town Technologies Pvt Ltd owns and operates an online technology platform for the purpose of providing a platform for persons to register for obtaining loans from financial institutions in India. Registered Address: ZestMoney (Camden Town Technologies Pvt Ltd), Ground & Third Floor, Indiqube Celestia, Site No. 19 & 20, Koramangala 1A Block, Koramangala, Bengaluru,<br/> Karnataka 560034.
- You acknowledge and agree that Zest owns all legal rights, titles and interests in and to the Services, including any intellectual property rights which subsist in the Services (whether those rights are registered or not, and wherever in the world those rights exist).
- You understand that you do not have the right to use any of Zest’s trade names, trademarks, service marks, logos, domain names, and other distinctive brand features. You do not have the right to remove, obscure, or alter any proprietary rights notices (including trademark and copyright notices), which may be affixed to or contained within the Services. You will not copy or transmit any of the Services.
- You further acknowledge that the Services may contain information which is designated confidential by Zest and that you shall not disclose such information without Zest’s prior written consent. You will not copy, create a derivative work from, modify, reverse engineer, reverse assemble or otherwise attempt to discover any source code, sell, assign, sublicense, grant a security interest in or otherwise transfer any right in the Services.
- You agree not to use the website for any purpose that is unlawful, illegal or forbidden by these Terms, or any local laws that might apply to me. Zest may, at its sole discretion, at any time and without advance notice or liability, suspend, terminate or restrict my access to all or any component of the website or the availability of the website itself.
- Zest may modify these Terms, at any time, by posting notice on the website at least ten (10) days before any modification becomes effective.
Eligibility
- You hereby declare that you are over 18 years of age, of sound mind and a person resident in India as defined under Foreign Exchange Management Act, 1999.
- You hereby declare that you are a human being and not a “bot”.
Services
- You hereby confirm to register with us to avail a loan / credit from one or more lending partners using the services provided by ZestMoney.
- You hereby understand and acknowledge that the information requested from you is used for the various purposes as set out in our privacy policy, including for the purposes of us / our partners complying with various laws, regulations and guidelines (including Know Your Customer (KYC) norms / Anti-Money Laundering (AML) standards / Combating of Financing of Terrorism (CFT) / Obligation of banks under the Prevention of Money Laundering Act, 2002) promulgated by the Government of India from time to time. You further acknowledge that if you do not provide the requested information to ZestMoney, ZestMoney or its partners will be unable to provide or continue its / their services to you.
- You confirm that all information given to ZestMoney (whether in ZestMoney’s online form or otherwise) is true, correct and not misleading. You agree to provide any additional documents to ZestMoney or any of its partners as may be required from time to time.
- You hereby understand that every time you wish to make a payment using ZestMoney EMI, you will be provided with online loan terms and conditions. Upon clicking ‘I Accept’ you and your successors/ heirs/ executors will be bound by the terms of the loan in relation to the credit facility. You understand and agree that ZestMoney may charge you a non-refundable administrative fee or a technology usage fee for facilitating the loan to be availed by you and you agree to pay the same. You must understand that this fee may not be refundable to you even if the loan is cancelled for any reason whatsoever.’
- You hereby understand that when you apply for a loan, ZestMoney, on behalf of one or more lending partners, may check your records, amongst other things, with its own records, and any information as available to ZestMoney through any of its sources, including those at credit information companies (CICs); those at fraud prevention agencies (FPAs) for assessing your credit worthiness, verifying identity to prevent and detect crime and money laundering.
- Your lender also has the right, and obligation, to report your details to CICs in the event that you have delayed in repaying your loan instalment.
- You acknowledge that ZestMoney does not lend any monies directly to you, but arranges the loan for you from one or more lending partners.
- The ZestMoney Credit Limit provided to you is our assessment of your eligibility based on various factors including policies of our lending partners, the market influences and our previous experiences.
