Welcome to Bharat Lending Cart (“BLC”), a platform that connects borrowers with lenders for business and personal loans. These Terms and Conditions (“Terms”) govern your use of our website, mobile applications, and any related services offered by BLC (collectively, the “Service”).
1. Eligibility
By using the Service, you represent and warrant that:
- You are at least 18 years old and have the legal capacity to enter into a binding agreement.
- You are a resident of India.
- You are not a person who has been previously barred from using the Service.
2. User Accounts
- You may be required to create an account to use certain features of the Service.
- You are responsible for maintaining the confidentiality of your account information, including your username and password.
- You are fully responsible for all activities that occur under your account.
3. Loan Services
- BLC acts as a facilitator by connecting borrowers with lenders. We do not directly provide loans ourselves.
- The terms and conditions of each loan, including interest rates, fees, and repayment terms, will be determined by the specific lender you choose.
- BLC is not responsible for the actions or omissions of any lender.
4. Use of the Service
You agree to use the Service in a lawful manner and in accordance with these Terms. You agree not to:
- Use the Service for any illegal or unauthorized purpose.
- Infringe upon the intellectual property rights of others.
- Transmit any viruses or other harmful code through the Service.
- Disrupt or interfere with the Service or any servers or networks connected to the Service.
- Use the Service to impersonate any person or entity.
5. Disclaimer of Warranties
The Service is provided “as is” and without warranties of any kind, express or implied. BLC disclaims all warranties, including, but not limited to, warranties of merchantability, fitness for a particular purpose, and non-infringement.
6. Limitation of Liability
BLC shall not be liable for any damages arising out of or related to your use of the Service, including, but not limited to, direct, indirect, incidental, consequential, or punitive damages.
7. Indemnity
You agree to indemnify and hold harmless BLC, its officers, directors, employees, agents, and licensors from and against any and all claims, losses, expenses, liabilities, and damages (including attorney’s fees) arising out of or related to your use of the Service.
8. Termination
BLC may terminate your access to the Service at any time, for any reason, with or without notice.
9. Governing Law
These Terms shall be governed by and construed in accordance with the laws of India.
10. Entire Agreement
These Terms constitute the entire agreement between you and BLC regarding your use of the Service.
11. Changes to the Terms
BLC reserves the right to change these Terms at any time. We will notify you of any changes by posting the revised Terms on the Service. Your continued use of the Service after the posting of the revised Terms constitutes your acceptance of the changes.
