AFCA PVT. LTD. reserves the right to amend this Agreement at any time and will notify you of any such changes by posting the revised agreement on the site. You should check this Agreement periodically for changes. All changes shall be effective upon posting on the Site. Your continued use of the site after any change to this agreement constitutes your agreement to be bound by any such changes. AFCA PVT. LTD. may terminate, suspend, change, or restrict access to all or any part of this site without notice or liability. You are only authorized to use the services(as defined below) if you agree to abide by all applicable laws and to this Agreement. Please read this Agreement carefully and save it. If you do not agree with it,you should leave the AFCA PVT. LTD. website and discontinue use of the services immediately.
SERVICES AFCA PVT. LTD. provides you with access to a variety of resources(“services”) which comprises of web space and includes general information,message and/or communication facilities,downloads,and calendars,etc and may include a members only section that can be accessed only by AFCA PVT. LTD. staff and members. The services,including any updates,enhancements,new features and/or the addition of any new web properties,are subject to this Agreement.
Nature of Activity The AFCA PVT. LTD. online trading platform which facilitates the introduction of individuals (“User” ) desirous of extending small amounts of credit to individual(s) wishing to avail such credit (“End User”) at a rate of interest which is negotiated and agreed between the User and End User. AFCA PVT. LTD. is paid a fee (“Introducer s Fee”) by both the User and End Use in consideration for the use of its Services. AFCA PVT. LTD. agrees to project reasonable and limited information with respect to the End User’s nature and style of business on the Platform, with a view to facilitate the introduction of User and End User. These principles regulate the relationship between AFCA PVT. LTD., User and End User The relationship between Users and End Users is also regulated by this Agreement except in relation to the credit finance, which is regulated by a loan agreement which shall be negotiated and executed between the User and End User (“AFCA PVT. LTD. Members”). AFCA PVT. LTD. is not a party to any loan contracts between AFCA PVT. LTD. Members and expressly disclaims any liability that may arise in respect of any claim, suit or proceeding that may be instituted by any User or End User against the other Party. You agree that AFCA PVT. LTD.
is not a party to the loan agreement entered into between you and the other AFCA PVT. LTD. Member using the facilities available to you by AFCA PVT. LTD.. AFCA PVT. LTD. will not be a party to any litigation that may ensue between the user and end user.
AFCA PVT. LTD. is not a bank or a non-anking financial institution. It does not have a banking licence, nor is it regulated by the Reserve Bank of India or any other regulatory body for banking, finance or insurance. AFCA PVT. LTD. is a service provider which uses an interactive medium to facilitate eligible Users and End Users to enter into a financial arrangement. AFCA PVT. LTD. does not accept deposits, nor does AFCA PVT. LTD. guarantee any interim interest payments to Users during the period in which the loan amount is awaiting an End User. All such amounts shall bear no interest until such an amount has been availed as a loan by the End User. All recommendations (such as the medium of payment) by AFCA PVT. LTD. are to be taken as mere suggestions and not as endorsements.Listing:
End User Any requirement or request for finance shall be made by you by making a listing (“Listing”), containing the details of your requirement, amount and purpose of the credit finance from your account on the website. You undertake, warrant and represent that any information provided by you in your Listing, and in particular each statement that you make in any Listing, is true and accurate in each and every respect. If your Listing is not the subject of sufficient Listing Offers (defined below) to fully fund your requested total listing amount within the time stipulated for the termination of that Listing, then AFCA PVT. LTD. shall at its sole discretion be entitled to remove your Listing. By posting a Listing, you are offering to enter into a loan contract with a User who meets your [Credit] criteria. Each Listing is open to be accepted by a User until the requirement is fully-funded. A Listing cannot be withdrawn. AFCA PVT. LTD. will maintain and display a virtual account (“Account”) in respect of your Listing. When a User makes a Listing Offer in relation to your Listing, the details of the User along with the amount of the Listing Offer shall be displayed in your Account. You may enter into agreements with one or more Users for the whole or part of the amount you wish to avail. AFCA PVT. LTD. does not ensure or guarantee that you will find the suitable or the requisite number of Users for the entire amount you wish to avail. If your listing is unable to secure corresponding listing offers for your entire amount, your Listing may be removed by AFCA PVT. LTD. at its sole discretion.
User As a User, you may make a listing offer in respect of any Listing displayed on the AFCA PVT. LTD. website. You acknowledge and agree that you are relying solely on End User information in his or her Listing (particularly information relating to whether or not the End User is able to afford to repay the total loan amount requested), in order to decide whether or not to make a listing offer; you are expected to conduct your own verification in respect of the credit facility. AFCA PVT. LTD. will not be responsible for the authenticity, veracity or genuineness of the listing offer and does not guarantee repayment of the finance. AFCA PVT. LTD. does not ensure or guarantee that you will find a suitable Listing in respect of your listing offer. You understand and agree that you will not involve AFCA PVT. LTD. in any litigation or claim in relation to the contract agreed to or entered into between the User and the End User.Eligibility Criteria You agree that you are an “Eligible User” and are not a “lender” under the provisions of the Moneylenders Act, or any other provision of law regulating lenders within India. For the purposes of this clause, an “Eligible User” means a person who:
The eligibility of a User or an End User may be altered or modified by AFCA PVT. LTD. at any time at its sole discretion to include additional classes of users or restrict the classes of existing users without intimating you. If you are a “lender” within the purpose of the Money Lenders Act, you shall disclose the same to AFCA PVT. LTD., and provide details of your license as and when required by AFCA PVT. LTD.. If you fail to disclose the above details, AFCA PVT. LTD. will have the right to immediately terminate your account. To ensure that these Eligibility Criteria are always maintained, AFCA PVT. LTD. reserves the right to limit the amount of the finance or the number of grants made by a User. This may be done using various controls, such as suspending account activity, intimating the User, or removing the User from the list of Users available to the End Users.
Communication/Notices You agree that all notices relating to the use of AFCA PVT. LTD.’s website shall be sent to your account with AFCA PVT. LTD., unless specifically requested in writing by you. AFCA PVT. LTD. shall not be liable for any indirect, special or consequential loss or damage, including loss or damage arising out of or in connection with lost data, lost profits, damage to goodwill or business interruption, any delay or failure to perform its own obligations under these principles due to circumstances beyond our own control or non-delivery of any communication if the same is not delivered on account of unauthorized tampering with the settings relating to such communication.
Confidential Information You agree to provide your identification and relevant financial information to AFCA PVT. LTD. for the purpose of verification of your identity and financial soundness. You further understand and agree that there are no data protection laws in India for protecting your information on the Internet, and therefore, you or AFCA PVT. LTD. may not be in a position to prevent the unauthorized dissemination of your confidential information on AFCA PVT. LTD.’s website. In order to aid the process of granting finance to eligible End Users, AFCA PVT. LTD. may also rate its End Users on the basis of various parameters, such as creditworthiness, purpose of finance, existing and/or outstanding loans/advances and repayment history. Such details will be displayed on AFCA PVT. LTD.’s website. However, any such information is offered as a value added service and AFCA PVT. LTD. takes no liability for the accuracy of the information posted. Therefore, you are requested not to rely on any such rating system in place and conduct your own verification before agreeing to enter into any financial transaction with an End User. AFCA PVT. LTD. is not a Credit Information Company under the provisions of the Credit Information Companies Act, 2005.LIABILITY LIMITATIONS AND DISCLAIMERS
In no event shall AFCA PVT. LTD., its agents, or anyone else who has been involved in the creation, production, or delivery of these pages, be liable for any direct, incidental, or consequential damages resulting from the use of this website or any linked site. AFCA PVT. LTD. uses its best endeavor to ensure the confidentiality and secrecy of user information and authorization. If the authorization code has been lost, misplaced, or revealed to another person, AFCA PVT. LTD. should be immediately intimated of the same, failing which, you may be liable for the following consequences:
AFCA PVT. LTD. shall not be liable for any loss or damage arising out of or in connection with:
Waiver Failure by AFCA PVT. LTD. to enforce any of its rights under this Agreement shall not be construed as a waiver of those rights or any other rights in any way whatsoever.
External Links The online trading platform contains links to other Internet sites and telephone numbers for Services provided by other service providers. The availability of such third party sites, services or material does not constitute any form of recommendation, advice, endorsement or publication of any such third party sites, services or material and AFCA PVT. LTD. is not responsible for their availability or content. Links to other websites are provided by AFCA PVT. LTD. as a convenience to its users. AFCA PVT. LTD. is not responsible for the materials contained at any website linked to this site.
Unlawful Or Prohibited Use As a condition of your use of the Services, you will not use the Services for any purpose that is unlawful or prohibited by or under any law, rules, orders, regulation, notification or circular issued by any local or governmental body in India, or these terms, conditions, and notices. You may not use the Services in any manner that could damage, disable, overburden, or impair any AFCA PVT. LTD. website, or interfere with any other party's use and enjoyment of the Services. You may not attempt to gain unauthorized access to any Services, computer systems or networks connected to any AFCA PVT. LTD. server or to any of the Services, through hacking, password mining or any other means. You may not obtain or attempt to obtain any materials or information through any means not intentionally made available through the Services. This service is available only to both residents of India and non-resident Indians, above the age of 18 years of age. AFCA PVT. LTD. does not intend to offer the Services to persons or entities outside India where such Services would be in contravention with applicable laws and regulations. Non-residents are required to understand the lending restrictions which are applicable, as stated on the website of the Reserve Bank of India ( http://rbi.org.in/home.aspx ).
Use of Communication Services You agree to use the Services only to view and post messages and material that are directly related to the object and purpose of this online platform and not to directly to indirectly do the following acts:
Intellectual Property AFCA PVT. LTD. is the absolute owner of all intellectual property on this Site, including but not limited to copyright with respect to text, data, articles, design, source code, software, photos, images and other information (collectively the "Content"), any service marks, product names, trademarks, symbols, design, logos, graphics and the layout of the Site. Nothing on this Site should be construed as granting, by implication, estoppel, or otherwise, any license or right to use any of the AFCA PVT. LTD. trademarks displayed on this Site, without our prior written permission. You may not, without the prior permission of AFCA PVT. LTD., copy, reproduce, distribute, republish, display, post or transmit in any form or by any means, including, but not limited to, electronic, mechanical, photocopying, recording, or otherwise. You may not engage in production of any derivative works based on any Content or marks which belong to AFCA PVT. LTD.. You may not, directly or indirectly, refer or use the Content by linking or framing, or in any networked computer environment for any purpose, is prohibited without AFCA PVT. LTD.’s prior written approval. You also may not, without AFCA PVT. LTD.'s express written permission, "mirror" any material, or engage in phishing. Any unauthorized use of any Content on this Site may violate copy right laws, trademark laws, the laws of privacy and publicity, and communications statutes and regulations. All remarks, discussions, ideas, concepts, know-how, techniques, graphics or other submissions communicated to AFCA PVT. LTD. through this Site (collectively, "Submissions") will be deemed and remain the property of AFCA PVT. LTD., and AFCA PVT. LTD. is entitled to use any Submission for any purpose, without restriction or compensation to the individual who has provided the Submission. AFCA PVT. LTD. shall not be subject to any obligations of confidentiality regarding Submissions except as expressly agreed by AFCA PVT. LTD. or as otherwise required by applicable law. Access to Information You hereby agree to grant access to AFCA PVT. LTD. of the loan agreement, and any terms or conditions agreed upon between the User and the End User, and any information related to the finance, repayment details, and other details of the transaction entered into between AFCA PVT. LTD. Members. This information will be solely used for the purpose of formulation and display of a rating system for the End Users. You agree that you have no objection to the display of your information on AFCA PVT. LTD.’s website for the purpose of rating you as an End User, for enabling you to procure finance for another purpose. AFCA PVT. LTD. also reserves the right to use your information in order to promote the Services offered by AFCA PVT. LTD. or use the same in an advertisement or in a survey or in an assessment of performance of AFCA PVT. LTD.’s Services. AFCA PVT. LTD. assures that your information will not be used for any purpose other than those specified under this Agreement. However, this expressly excludes any disclosure of your information in the following circumstances:
Indemnity AFCA PVT. LTD. is not liable for any false or misleading information uploaded by any user on the website. AFCA PVT. LTD. expressly disclaims liability for any inappropriate, profane, defamatory, obscene, indecent or unlawful topic, name, material or information or any violation of any copyright, trademark, patent, trade secret, or other proprietary right of any party or the use of the website in any manner not consistent with the object and purpose of the website and this Agreement. You agree that you will indemnify and save and render harmless AFCA PVT. LTD. and its subsidiaries, and affiliates, and their respective officers, agents, partners and employees from and against all direct and indirect and/or incidental consequences, damages, losses, claims, suits and proceedings arising from
Disputes Any complaints relating to the use of AFCA PVT. LTD.’s website will be first directed towards the customer care team at AFCA PVT. LTD., which will make best efforts to resolve the issue. If the customer care team is unable to resolve the issue within 10 business days within receipt of the complaint to customer care, you shall, after giving AFCA PVT. LTD. 30 days notice to AFCA PVT. LTD., refer the dispute to the relevant Consumer Court.
Jurisdiction This Agreement shall be construed and interpreted in accordance with the laws of India and the courts and tribunals in Pune shall alone have the jurisdiction thereof.
Termination You may terminate your account with AFCA PVT. LTD. at any time by a written request, or by an e-mail subject to any End User wishing to terminate this Agreement repaying all outstanding credit facilities inclusive of interest back to the User. AFCA PVT. LTD. may terminate this Agreement at any time without notice, or suspend or terminate your access and use of the Site at any time, with or without cause, in AFCA PVT. LTD.'s absolute discretion and without notice. AFCA PVT. LTD. shall have the right to terminate your account upon the discovery of any fraud with respect to you or your account or upon your death, insolvency, or voluntary loan arrangement with a non-user. AFCA PVT. LTD. shall have the right, upon reasonable suspicion of any unlawful or fraudulent activity with respect to your account, report the same along with details of your account to any investigation authority. Your account will automatically expire without any further action upon the non-payment of the Introducer’s Fee. Any further extensions and renewal will be subject to the terms and conditions of this Agreement, unless otherwise agreed by AFCA PVT. LTD., the terms of which shall be specifically reduced in writing by the parties. The sections concerning Indemnification, Disclaimer of Warranties, Limitation of Liability, Waiver, Applicable Law and Dispute Resolution, and General Provisions, and any other provision that by its terms survives termination of your use or access to the Site, shall survive the termination of this Agreement.
Severability If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall be enforced to the fullest extent possible, and the remaining provisions of the Agreement shall remain in full force and effect.
We at KADKI (insufficiency of funds for a short period of time), we are turning things around in the short-term credit industry. We’re bringing down the exorbitant interest rates of local money lenders & giving everyone opportunity to join us in the process. We’re reducing costly fees with the help of technology & efficient management. We’re creating an alternative: a social lending marketplace where regular people can receive a cash advance from regular people. KADKI is a secure financial broker that aims to give you a safe, fast, & simple experience when it comes to borrowing money for a short-term. As a local business, based in India our aim is to dominate the short-term lending for short-period by offering the fastest service available, & the most economically beneficial service in terms of interest. We are dedicated to following the rules set regarding responsible lending, which means we are committed to providing a service that both benefits and protects you from further financial trouble.
Our agreements are made according to the rules of the government of India, and we make sure that every detail and process that takes place upon our website complies with the recommendations and regulations of loan procedures as soon as they are updated. We want to be the website that you can rely on to arrange you money quickly and efficiently with no fuss or hassle should you find yourself in need of emergency funds. Here at KADKI, we understand how troublesome it can be when an unexpected problem arises and you are left with the struggle of attempting to find extra money that you simply don’t have. However, although we want to arrange you the money that you need to get by in a trying financial time, we are also dedicated to ensuring our panel of lenders only offer loans to the customers who can afford to pay them back, without getting themselves into further debt. We typically expect everyone who arranges a loan with us to be in receipt of a consistent monthly income that would allow them to pay back the money they receive after their next salary.
With KADKI, you can expect a service that thinks about your needs and puts your financial health and safety before anything else. We are completely serious about arranging loans responsibly, and will always offer you the best possible solution that we can when you are in a troublesome financial situation. However, itis important that you remember that a KADKI cash advance should only ever be used as an emergency or last-resort solution. KADKI has been initially launched in PUNE city with a vision to serve the native members first but we’ll soon be reaching at every place where there is KADKI.
D. P. Road, Kothrud, Pune - 411038
02064702423 / 09130066234
ALPASARA FINVEST CARE ADVISORY PRIVATE LIMITED
Near Bombay Stock Exchange, Dalal Street, Mumbai - 400601