Credit Bureau Terms and Conditions

This End User Agreement (the "Agreement") is made between you (the "User" or "You") and Raksha Fintech Private Limited, a private limited company having its registered office at G-401, Mantri Espana, Kariammanna Agrahara Road, Bellandur, Bengaluru, Bengaluru Urban, Karnataka 560103 ("Rakshafin", "CLIENT", "Us" or "We", which term shall include its successors and permitted assigns). The User and CLIENT shall be collectively referred to as the "Parties" and individually as a "Party".

You hereby consent to Rakshafin being appointed as your authorised representative to receive your Credit Information from Credit Bureaus for the purpose of providing credit score improvement services to our clients. Scores are then used by customers to obtain better financial products ("End Use Purpose"), on an ongoing basis for a period not exceeding six (6) months. You also agree to the Credit Bureaus' own Terms and Conditions.

BY EXECUTING THIS AGREEMENT / CONSENT FORM, YOU ARE EXPRESSLY AGREEING TO ACCESS THE CREDIT INFORMATION REPORT AND CREDIT SCORE, AGGREGATE SCORES, INFERENCES, REFERENCES AND DETAILS (AS DEFINED BELOW) (TOGETHER REFERRED TO AS "CREDIT INFORMATION"). YOU HEREBY ALSO CONSENT TO SUCH CREDIT INFORMATION BEING PROVIDED BY CREDIT BUREAUS TO YOU AND TO CLIENT BY USING CREDIT BUREAU TOOLS, ALGORITHMS AND DEVICES, AND YOU HEREBY AGREE, ACKNOWLEDGE AND ACCEPT THE TERMS AND CONDITIONS SET FORTH HEREIN.

Terms and Conditions

Information Collection, Use, Confidentiality, Non-Disclosure and Data Purging

CLIENT shall access your Credit Information as your authorised representative, and CLIENT shall use the Credit Information for the limited End Use Purpose consisting of and in relation to the services proposed to be availed by you from CLIENT. We shall not aggregate, retain, store, copy, reproduce, republish, upload, post, transmit, sell or rent the Credit Information to any other person, and the same cannot be copied or reproduced other than as agreed herein and in furtherance of CICRA.

The Parties agree to protect and keep confidential the Credit Information, both online and offline.

The Credit Information shared by you, or received by us on your behalf, shall be destroyed, purged or erased promptly upon the completion of the transaction or End Use Purpose for which the Credit Information report was procured, up to a maximum of six (6) months.

Governing Law and Jurisdiction

The relationship between you and CLIENT shall be governed by the laws of India, and all claims or disputes arising therefrom shall be subject to the exclusive jurisdiction of the courts of Bengaluru.

Definitions

"Business Day" means a day (other than a public holiday) on which banks are open for general business in Bengaluru.
"Credit Information Report" means the credit information, scores, aggregates, variables, inferences or reports which shall be generated by Credit Bureaus.
"Credit Score" means the score mentioned on the Credit Information Report which shall be computed by Experian, Equifax, CRIF High Mark or such other Credit Bureau as engaged by Rakshafin from time to time.
"CICRA" shall mean the Credit Information Companies (Regulation) Act, 2005 read with the Credit Information Companies Rules, 2006 and the Credit Information Companies Regulations, 2006, and shall include any other rules and regulations prescribed thereunder.