1. General
1. This website www.stashfin.com its mobile phone and internet-based application(s) (“StashFin Platform”) is owned and operated by EQX Analytics Private Limited, a company incorporated under the Laws of the Republic of India having its Corporate Office at 1st Floor, CRC2 Building, Khasra No. 337, Sultanpur, New Delhi, 110030, India (collectively referred to as “StashFin”, “we”, “us”, “our”, as the context may apply).
2. The General Terms and Conditions for the said StashFin Platform, Privacy Policy, this End User terms for StashFin User Account, Credit Line General Terms and Conditions, General terms for customer enrollment form Disclaimers, Notifications used by StashFin in StashFin Platform are deemed to be incorporated hereby way of this reference and shall be read as an integral part hereof.
3. Each User of StashFin Platform (hereinafter referred to as “User”, “StashFin User”, “you”, “your”, as the context may apply) is requested to read the terms herein and confirm acceptance to register with StashFin while creating and for using StashFin User Account (hereinafter defined) or for availing any services from StashFin through the StashFin Platform.
4. Each StashFin User is also requested to note and be updated about the services, schedule of charges and the list of Lender(s) in StashFin Platform and the respective terms conditions as updated there from time to time. Each StashFin User confirms to be bound by those terms.
5. Each StashFin User understands and confirms that they shall not be entitled to delete the user account if there is any pending payment towards StashFin or its Lender(s) or for any services availed using StashFin Platform.
6. Each StashFin User understands and confirms that this is a legally binding contract for the use of StashFin Platform and establishing the terms and conditions under which a StashFin User Account can be used.
7. Each StashFin User understands and confirms that they may need to recognize and comply with additional terms and conditions for availing services offered in StashFin Platform as may be applicable from time to time.
8. Each StashFin User by accepting these terms understand and confirm that StashFin reserve the right to modify these and other policies applicable in general and/or to specific areas of services in StashFin Platform or to a particular service which shall also be considered as part of these terms, at any time without giving you any prior notice, and such changes shall be binding on you.
9. Each StashFin User understands and confirm that StashFin can facilitate your lending journey.
10. Each StashFin User understands that Stashfin is authorized by the User for collection of the installments.
11. Each StashFin User understands that Stashfin can authorize any affiliate or third party for collection of processing fees/EMIs/fees/charges and/or send email reminders to customers.
12. Each StashFin User understands that disbursement from Stashfin is made net of processing fees.
13. Each StashFin User understands that Stashfin has been authorized by Banks for issuance of co-branded prepaid payment cards and to distribute and market these co-branded prepaid payment instruments to its customers. These cards may be used as a mode of disbursements to get loans from Lenders.
14. Each StashFin User, by accepting these terms understand and confirm that they shall be required to re-visit these terms from time to time to stay abreast of any changes that StashFin Platform may introduce to these terms.
15. You shall not accept these terms if you are a person who is either barred or otherwise legally prohibited or not authorized to use the same.
16. You shall not impersonate any person or entity or falsely state or otherwise misrepresent age, identity or affiliation with any person or entity.
17. Notwithstanding anything contained herein, we reserve the right to deny your registration as a StashFin User and deny our services on StashFin Platform without assigning any reason.
18. We strongly advise that independent professional advice be obtained before you purchase or avail any product and/or service via StashFin Platform.
19. By using the StashFin Platform, you consent to the use of your information, as we outlined in our privacy policy. Our services use cookies; by using our services or confirming to these terms, you consent to our use of cookies in accordance with the terms of our privacy policy.
20. By accepting these terms, you confirm to unconditionally accept and confirm to comply with and be bound by these terms. You confirm not to use the StashFin Platform for any purpose that is unlawful, illegal or forbidden by these terms, or any local laws that might apply to you.
21. We may translate these terms into other languages for your convenience. Nevertheless, the English version governs your relationship with us, and any inconsistencies among the different versions will be resolved in favor of the English version.


2. Role of


1. StashFin
1. StashFin informs you that we are not a lender or a financial institution and hence, have no part in lending or credit decisions. StashFin does not lend money to anyone, rather, StashFin acts as a bridge that connects you to lenders who may consider granting you a Credit Line in India (hereinafter referred to as “Lender(s)”).
2. StashFin Platform may provide services by StashFin or other persons.
3. Notwithstanding anything to the contrary, StashFin does not undertake any product liability/obligation or services obligation or represents or warrants or guarantee on behalf of any third person/s. The Role of StashFin is strictly limited to intermediation. StashFin disclaims any responsibility or liability for any services or offerings on StashFin Platform.
2. Akara Capital Advisors Private Limited (“Akara”)
1. StashFin platform is powered by Akara. Akara as part of the its arrangements with other lenders may provide credit enhancements, which may include funding to the Users or provide guarantees on their behalf.


3. StashFin User Account
1. To use the offerings on StashFin Platform, you have to register on StashFin Platform and create a user account (“StashFin User Account” or “User Account” or “Account”) and provide your details (“User Information”) together to avail the Credit Line from Lender(s) or for availing other services in the StashFin Platform (as may be applicable).
2. You shall take note that a few of the information is mandatory in nature, and few will be optional. You confirm to exercise diligence while creating your StashFin User Account and while submitting the User Information. You understand and confirm that you have the choice not to provide any such details and avoid the creation of a StashFin User Account. However, all details submitted shall be true and correct. You further declare/undertake that the User Information provided is true and accurate and shall be responsible for any error whatsoever.
3. You understand and that the Lender(s) and StashFin can rely on such information for a grant or reject your request for a grant of Credit Line or any services on StashFin Platform.
4. You shall, at all times, keep the password and user ID of your StashFin User Account confidential and shall be solely responsible for the user activities through your account.
5. The services which are available with your StashFin User Account are available on the StashFin Platform.
6. During the period while you are availing the services which we provide in the StashFin Platform, we may grant licenses/permissions for the use of technology/services/materials and User Account through StashFin Platform. The same may be canceled at our discretion.
7. You understand that StashFin Platform or services may be modified, updated, interrupted, suspended, or discontinued at any time without notice or liability.
8. Other than as provided in these terms or in the StashFin Platform(s, the services/products/licenses from our side will be available to you only during the validity period, which will be based on the fee paid by you, or before the termination of these terms or before us we discontinuing the services/products/licenses or the respective StashFin Platform (as may be applicable).
9. Notwithstanding anything to the contrary, you shall not hold StashFin liable or responsible for services on StashFin Platform from any third person.


4. Service Charges
1. You shall be required to pay service charges as mentioned under the head Schedule of Charges in the StashFin Platform for the services availed by you through StashFin Platform.
2. You confirm to make payment to StashFin as per intimations from StashFin from time to time for availing services through StashFin Platform.
3. You understand that the services in StashFin Platform may be denied by StashFin if there is a non-payment of applicable charges.


5. Grant of Authority
1. By creating StashFin User Account and submitting User Information, you are explicitly confirming that you are requesting Credit Line from the Lender(s) or for other services through StashFin Platform. Further, you grant authority for the following:
1. For Lender(s), other services providers and StashFin to reach out to you through e-mail, post, telephone or through any other media (including electronic means) now or in future to assist you in getting the Credit Line or for providing other services through StashFin Platform directly or by third parties.
2. To provide information concerning your interest in Credit Line to third-party marketing companies to offer additional services or products.
3. To provide credit checks or background checks based on the User Information and submit the same to the Lender(s) or for providing other services through StashFin Platform directly or by third parties, you understand and confirm that StashFin shall in no way be responsible for the outcome of the checks.
4. To know through phone calls, or SMS, or e-mails on User’s mobile number, various Credit Line offer schemes or Credit Line promotional schemes or any other promotional schemes including that for services through StashFin Platform directly or by third parties.
5. Confirm that laws concerning the unsolicited communication referred to in “NATIONAL DO NOT CALL REGISTRY” as laid down by TELECOM REGULATORY AUTHORITY OF INDIA will not be applicable for such communication/ calls/ SMS/e-mails received from StashFin. It’s employees, agents, and/or associates.
6. To co-ordinate for recovery of Credit Line in case of any delay in repayment.
7. To co-ordinate for providing other services through StashFin Platform directly or by third parties.
2. We may, as a result of your interaction with the StashFin Platform, hold and process information obtained about you when you access the StashFin Platform.
3. By executing these terms, you hereby grant us authority and power and authorize us or our authorized representatives to do all acts on your behalf as may be necessary to provide the services sought by you through the options available in our StashFin Platform.
4. By using the StashFin Platform or any its services, you confirm and declare that:
1. You have no objections in StashFin acting as an agent of the Lenders (s), Lender’s Agents or on behalf of the Lender or in such manner as may be decided by StashFin from time to time;
2. You will be bound by any contractual provisions undertaken to the Lender(s) StashFin Platform;
3. You confirm your understanding that EQX will be entitled to act as customer support, collection agent, sales agent, technology support and for such other support/services as deem fit by the EQX;
4. You confirm your consent to EQX to perform such functions through electronic or non-electronic means, including StashFin Platform or through its service providers or through such other means as deem fit by EQX from time to time.


6. StashFin User Account
1. Your StashFin User Account will provide information about your interest to avail Credit Line to the Lenders for further processes and details of Credit Line offered by Lender(s) and its indicative terms.
2. Your StashFin User Account will help you avail services through StashFin Platform directly or by third parties.
3. Your StashFin User Account will provide charges for the services to you through StashFin Platform directly or by third parties.
4. Your User Information will be submitted with Lender(s) and service providers in StashFin Platform, among other details as may be required by the Lender(s) or by other services providers in StashFin Platform or by StashFin.
5. In case any information is inadequate, you may reach out to the StashFin customer case through your StashFin User Account.
6. You understand that StashFin shall not be bound to return any documents or details back to you.


7. Grant of Credit Line
1. You are required to note that all Lender(s) may not offer a Credit Line.
2. The decision of lending, i.e., to sanction a Credit Line or rejection of your Credit Line application as well as the Credit Line depends solely on the Lender(s).
3. You confirm that while applying for the Credit Line through StashFin Platform, you have visited the partner lending page on StashFin Platform and you have also visited the relevant Lender’s website and have perused the relevant details required for your understanding and confirmation to be granted for availing the Credit Line.
4. Once a Lender(s) approves the Credit Line, the terms prescribed by the Lender(s) shall be, and you may approve or choose to accept it.
5. You may also consult a professional before making your decision.
6. You will be informed about approval or rejection or status of your interest to avail Credit Line. Upon sanction of Credit Line by Lender(s), you may approve or reject the terms of Credit Line sanction through the StashFin Platform.
7. Once you confirm to accept terms of Credit Line sanction by the Lender(s) through the StashFin Platform, you shall execute the necessary documents as a borrower with the Lender(s) and StashFin as the case may require.


8. Terms of Disbursement
1. You confirm that the terms of disbursement and purpose of Credit Line shall be as mentioned on the StashFin Platform and as may be deemed fit by the Lender(s) and StashFin from to time.
2. The disbursement will be permitted only as per terms informed by the Lender(s) and as required by StashFin.
3. Deviations, if any given, shall be cured by you with the timelines intimated by StashFin from time to time, failing which it shall be deemed as a default which entitles StashFin or the Lender(s) to initiate legal actions without any further intimation.
4. StashFin can adjust disbursement amount due to any of you due to any Lender(s) or for payment for any services availed by your through the StashFin Platform. The same shall be binding on you.


9. The rate of interest and charges for Credit Line.
1. The Rate of interest for Credit Line and charges will be governed as mentioned on the StashFin Platform.
2. You shall be bound by the terms of the Schedule of Charges applicable from time to time.


10. Other General representation, warranties, and covenants
1. The User herein confirms the following:
1. The User is an Indian resident as per Foreign Exchange Management Act, 1999 and Income Tax Act, 1961.
2. Meet the criteria prescribed in the Indian Contract Act, 1872, to enter into a contract and have legal competence and capacity.
3. Has sufficient income to repay the Credit Line applied from Lender(s).
4. Has identity proof and the same submitted to StashFin is true and correct.
5. Has income proof, and the same is adequate to repay the Credit Line or for making payments for any services availed through the StashFin Platform.
6. Has a valid and active bank account in India.
7. The users shall comply with all the laws applicable to them, respectively, for using the StashFin Platform at territory, the User is located, and in India.
8. The details submitted through the StashFin Platform are true and correct.
9. You do not have the right to use any of our trade names, trademarks, service marks, logos, domain names, and other distinctive brand features. You do not have the right to copy and use the software, text, images, graphics, video, and audio used on StashFin Platform (“Content”). 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.
10. You understand and confirm that we neither represent nor warrants that your use of materials displayed at the StashFin Platform will not infringe on third parties’ rights.
2. By using StashFin Platform, you confirm that you shall not:
1. use our services and StashFin Platform for spamming or any other illegal purposes;
2. infringe ours or any third party’s intellectual property rights, rights of publicity or privacy;
3. post or transmit any message which is libelous, defamatory or which discloses private or personal matters concerning any person;
4. post or transmit any message, data, image or program which violates any law;
5. refuse to cooperate in an investigation or provide confirmation of your identity or any other information you provide to us;
6. remove, circumvent, disable, damage or otherwise interfere with security-related features of StashFin Platform or features that enforce limitations on the use of our services and StashFin Platform;
7. upload any content that constitutes negligent advice or contains any negligent statement, an incitement to commit a crime or contains instructions for the commission of a crime or the promotion of criminal activity; or any content which is in contempt of any court, or in breach of any court order; or discriminates on the basis of age, sex, religion, race, gender; harassing, invasive of other’s privacy, blasphemous; in breach of any contractual obligations or depicts violence or is pornographic, pedophilic, obscene, suggestive or sexually explicit; or consists of or contains any instructions, advice or other information which may be acted upon and could, if acted upon, cause illness, injury or death, or any other loss or damage; or constitutes spam; or is grossly harmful, offensive, deceptive, fraudulent, threatening, abusive, hateful, harassing, anti-social, menacing, hateful, discriminatory or inflammatory; or causes annoyance, inconvenience or needless anxiety to any person; or racially, ethnically objectionable, disparaging, relating or encouraging money laundering or gambling, or harm minors in any way or otherwise unlawful in any manner whatever;
8. upload any content that threatens the unity, integrity, defense, security or sovereignty of any country, or public order or causes incitement to the commission of any cognizable offense or prevents investigation of any offense or is insulting any nation;
9. upload any content that contains software viruses or any other computer code, files or programs designed to interrupt, destroy or limit the functionality of any computer resource;
10. reverse engineer, decompile, disassemble or otherwise attempt to discover the source code of our services and StashFin Platform or any part thereof or infringe any patent, trademark, copyright or other proprietary rights;
11. use our services and StashFin Platform in any manner that could damage, disable, overburden, or impair, including, without limitation, using our services and StashFin Platform in an automated manner;
12. modify, adapt, translate or create derivative works based upon our services and StashFin Platform or any part thereof;
13. intentionally interfere with or damage the operation of our services and StashFin Platform or any other User’s use of our services and StashFin Platform, by any means, including uploading or otherwise disseminating viruses, adware, spyware, worms, or other malicious code or file with contaminating or destructive features;
14. use any robot, spider, other automatic devices, or manual process to monitor or copy our services and StashFin Platform without our prior written permission;
15. interfere or disrupt our services and StashFin Platform or networks connected therewith;
16. take any action that imposes an unreasonably or disproportionately large load on our infrastructure/network;
17. use any device, software or routine to bypass our services and StashFin Platform robot exclusion headers, or interfere or attempt to interfere, with our services and StashFin Platform;
18. forge headers or manipulate identifiers or other data to disguise the origin of any content transmitted through our services and StashFin Platform or to manipulate your presence on our services and StashFin Platform;
19. use the facilities and capabilities of our services and StashFin Platform to conduct any activity or solicit the performance of any illegal activity or other activity which infringes the rights of others;
20. breach these terms or any other policies which we may adopt from time to time;
21. provide false, inaccurate or misleading information to our services and StashFin Platform; and
22. use our services and StashFin Platform to collect or obtain personal information, including without limitation, personal information about other Users of our services, and StashFin Platform.
3. Although we may from time to time monitor or review postings, transmissions, and the like on the StashFin Platform, we are under no obligation to do so and assume no responsibility or liability arising from the content of any such locations nor for any error, defamation, libel, slander, omission, falsehood, obscenity, pornography, profanity, danger, or inaccuracy contained in any information within such locations on the StashFin Platform.
4. You are prohibited from posting or transmitting any unlawful, threatening, libelous, defamatory, obscene, scandalous, inflammatory, pornographic, or profane material or any material that could constitute or encourage conduct that would be considered a criminal offense, give rise to civil liability, or otherwise violate any law.
5. We retain the right to remove any such posting and fully cooperate with any law enforcement authorities or court order to request or direct us to disclose the identity of anyone posting any such information or materials.


11. Disclaimers
1. StashFin may advertise certain Credit Line products of the Lenders or other services in the StashFin Platform; however, that does not mean that StashFin warrants or represents quality or features of any the services of any Lender(s) or such persons.
2. The Credit Line conditions offered by the Lender(s) may not always suit your requirements. If you are unsure about any aspect of the Credit Line given by the Lender(s), StashFin takes no responsibility towards the offer made by the Lender(s), and there is no involvement of StashFin whatsoever in these decisions.
3. Furthermore, StashFin has no role in determining how a Financial Service Provider may use the information given by you. By using the StashFin Platform, you are acknowledging that StashFin is not liable for any damages or costs, financial or otherwise, incurred by you due to your transaction with any Lender(s).
4. StashFin does not confirm the suitability of any other services offered through the StashFin Platform for any of your particular needs; you shall solely be responsible for any cost incurred by you for availing the same. In no event, notwithstanding anything contained here or in any of the StashFin Platform, you shall not hold StashFin responsible or liable for the same.
5. You understand and confirm that StashFin Platform hosts information provided by third parties. We are in no manner responsible to you for the accuracy, legitimacy, correctness of the information hosted. We take reasonable care to ensure such precision, but we are not responsible for the furnished information. You confirm not to hold us liable for the falsification of any such provided information.


12. Indemnification
1. As consideration for entering into this contract, you confirm to indemnify and hold StashFin and its Lender(s) or any service providers on the StashFin Platform harmless from and against any and all claims, action, liability, cost, loss, damage, endured by StashFin by User’s access to the StashFin Platform in violation to the listed terms of service and also to the applicable laws, rules and regulations or contracts prevailing from time to time.


13. Display/ Advertisements/ Web Links
1. We have not reviewed any sites that may be linked to the StashFin Platform and are not responsible for the content of any off-site pages or any other sites linked to the StashFin Platform. Your linking to any other off-site pages or other websites is at your own risk.
2. Our display on or through the StashFin Platform of various services or product options offered by third parties does not in any way imply, suggest, or constitute any sponsorship, recommendation, or approval or advice from us for any such third parties or their products.
3. You confirm that we are in no way responsible for the accuracy, timeliness, or completeness of information it may obtain from these third parties. Your interaction with any third party accessed through the StashFin Platform is at your own risk, and we will have no liability with respect to the acts, omissions, errors, representations, warranties, breaches or negligence of any such third parties or for any personal injuries, death, property damage, or other damages or expenses resulting from your interactions with the third parties.
4. You confirm that you may need to confirm with the terms and conditions of such third parties by accessing their StashFin Platform, and the same will be at your sole risk and responsibility.


14. Inaccuracies at the StashFin Platform
1. While we use reasonable efforts to include accurate and up to date information at the StashFin Platform, we make no warranties or representations as to the StashFin Platform ’s accuracy. We disclaim any and all liability for the accuracy, completeness, or correctness of such information.


15. Security at the StashFin Platform
1. While we use reasonable efforts to safeguard the StashFin Platform security, there can be no guarantee that such safeguards will successfully prevent unauthorized alterations in the content or functionality of the StashFin Platform. We assume no liability or responsibility for any unauthorized changes in the content or functionality of the StashFin Platform.


16. Disclaimer of warranty
1. The StashFin Platform and all content and services provided on the StashFin Platform are provided on an “as is” and “as available” basis. We expressly disclaim all warranties of any kind, whether express or implied, including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose, title, non-infringement, and security and accuracy, as well as all warranties arising by usage of trade, course of dealing, or course of performance. We make no warranty, and expressly disclaims any obligation, that:
1. the content will be up-to-date, complete, comprehensive, accurate or applicable to your circumstances;
2. the StashFin Platform will meet your requirements or be available on an uninterrupted, timely, secure, or error-free basis
3. the results that may be obtained from the use of the StashFin Platform or any services offered through the site will be accurate or reliable; or
4. the quality of any products, services, information, or other material obtained by you through the StashFin Platform will meet your expectations.


17. Limitation of Liability
1. We (including its officers, directors, employees, representatives, affiliates, and providers) will not be responsible or liable for (a) any injury, death, loss, claim, an act of god, accident, delay, or any direct, special, exemplary, punitive, indirect, incidental or consequential damages of any kind (including without limitation lost profits or lost savings), whether based in contract, tort, strict liability or otherwise, that arise out of or is in any way connected with (i) any failure or delay (including without limitation the use of or inability to use any component of the StashFin Platform), or (ii) any use of the StashFin Platform or content, or (iii) the performance or non-performance by us or any provider, even if we have been advised of the possibility of damages to such parties or any other party, or (b) any damages to or viruses that may infect your computer equipment or other property as the result of your access to the StashFin Platform or your downloading of any content from the StashFin Platform.


18. Use information on StashFin Platform
1. Except as expressly permitted by these terms, no portion of the information on the StashFin Platform may be reproduced by you in any form, or by any means, without our prior written permission.


19. Governing law and Jurisdiction
1. The laws of India, without regard to its conflict of laws rules, will govern these terms, as well as your and our observance of them.
2. If you take any legal action relating to your use of the StashFin Platform or these terms, you confirm to file such action only in the courts located in Delhi, Republic of India.


20. Governing Law, Jurisdiction, and Dispute Resolution
1. The laws of India, without regard to its conflict of laws rules, will govern these Terms, as well as your and our observance of them.
2. If you take any legal action relating to your use of the StashFin Platform or these Terms, the same shall be subject to the exclusive Jurisdiction of courts located in Delhi, India.
3. In case you have any disputes with StashFin, you may raise your issues to StashFin and request for mediation.
4. If the matter is not resolved through such mediation, the same may then be settled by Arbitration by a single Arbitrator appointed by StashFin. The Arbitration shall be held in accordance with the provisions of the Arbitration and Conciliation Act, 1996. The language of the Arbitration shall be in English, and the place of Arbitration shall be Delhi India.


21. Breach of the terms
1. Without prejudice to our other rights under these terms, if you breach these terms and, in any way, or if we suspect that you have breached these terms in any way, we may
1. send you one or more formal warnings;
2. temporarily suspend your access to StashFin Platform and services;
3. permanently prohibit you from accessing StashFin Platform and services;
4. block computers using your IP address from accessing StashFin Platform and services;
5. contact any or all of your internet service providers and request that they block your access to StashFin Platform and services;
6. commence legal action against you, whether for breach of contract or recovery of amounts due or damages or otherwise;
7. suspend or delete your account on StashFin Platform and services;
2. Notwithstanding anything to the contrary contained this these terms after termination or suspension of services or discontinuance of your User Account on StashFin Platform pursuant to your breach or otherwise, you will not be entitled to refund of any fee or charges paid, nor shall be discharged from any pending obligation accrued in favor or StashFin or towards any Lender(s) or by availing any services through StashFin Platform.


22. References
1. Any reference to a statutory provision shall include such provision from time to time modified or re-enacted or consolidated so far as such modification or re-enactment or consolidation applies or is capable of using it to any transactions entered into hereunder.


23. Assignment
1. We shall be permitted to assign, transfer, and subcontract its rights and/or obligations under these terms without any notification or consent required. However, you shall not be permitted to assign, transfer, or subcontract any of your rights and/or obligations under these terms.


24. Contact us/Grievance Redressal/ Feedback
1. In case you need any details or clarifications or redressal of grievances or have any feedback, you can contact us on www.stashfin.com/contact-us.
2. Also, we believe that your feedback makes use of StashFin Platform and services better; please feel free to share it with us on www.stashfin.com/contact-us. Unless admitted explicitly by us or as required by law, all feedback shall be non-confidential.
3. We will assume no responsibility for reviewing unsolicited ideas and will not incur any liability due to any similarities between those ideas and materials that may appear in future programs of StashFin.
4. Please do not reveal trade secrets or other confidential information in your messages to StashFin. Any and all rights to materials submitted to us become the exclusive property of StashFin.
5. You understand and confirm that StashFin may record any calls or communication made to it by you or vice versa.

1. INTRODUCTION
1. The Borrower is informed as follows:
1. The Borrower (hereinafter defined) are requested to read these Credit Line general terms and conditions carefully.
2. The Credit Line (hereinafter defined) from Lender(s) (hereinafter defined) shall be strictly subject to these Terms (hereinafter defined).
3. The Credit Line and Drawdown (hereinafter defined) is at the sole discretion of the Lender(s).
4. Anything contained in these Terms or any communications inter-se will be strictly subject to and without prejudice to the prerogative of the Lender(s) mentioned aforesaid and the other Credit Line Finance Parties (hereinafter defined).
5. StashFin Terms (hereinafter defined) shall form an integral part of these Terms herein contained. It shall be deemed that the Borrower confirms and accept to such terms by accepting these Terms and/or by availing the Credit Limits or any services from the Credit Line Finance Parties.
6. Submitting a Credit Line Application Form (hereinafter defined) does not entitle the Borrower to be eligible for sanction of Credit Line.
7. The details represented by the Borrower to Credit Line Finance Parties will form the basis of approval of the Credit Line by the Lender(s).
8. The Lender(s), at its sole discretion, will determine the Credit Line, which can be granted.
9. Details of the approved Credit Line (including any variations) (increase or decrease or other terms and conditions) will be communicated to the Borrower through StashFin Platform (as defined below), and such other means as the Credit Line Finance Parties may decide from time to time.
10. Acceptance of these Terms shall constitute a valid and binding legal contract between the Borrower and the Credit Line Finance Parties (hereinafter defined).
11. These Terms may be varied (as required by the Credit Line Finance Parties), the Borrower is therefore requested to be updated, and any such changes will be applied prospectively.
12. Further, these Terms, when electronically generated, are an electronic record under the provisions of the Information Technology Act, 2000.
13. While applying for a Credit Line, the Borrower shall be deemed to have electronically accepted to these Terms and the StashFin Terms, and the same shall be binding on the Borrower.
2. If you need any clarifications, please visit us at www.stashfin.com/contact-us and/or through the relevant link in “StashFin Platform”) and go through the illustrations/demonstrations.
3. We will be available for services from 10 AM to 5 PM, Monday to Friday (excluding public holidays).


2. DEFINITIONS
1. Capitalized terms used in these Terms are defined below:
1. “Availability Period” shall mean the period within which the Borrower can request a Drawdown from the Credit Line and shall be as detailed in the Credit Line Sanction Terms. The Availability Period may be extended at the sole discretion of the Lender(s).
2. “Available Credit Line” means at any point of time the undrawn amount of the Credit Line available to a Borrower (including any amount of the Credit Line, which becomes available pursuant to any repayment or prepayment of all or part of any previous Drawdown provided the Lender(s) has/have granted a revolving Credit Line).
3. “Borrower” means any person who has expressed interest in applying for a Credit Line by submitting a Credit Line Application.
4. “Borrower’s Dues” means all sums payable by the Borrower to the Credit Line Finance Parties, including outstanding Credit Line, Interest, all other charges, costs, and expenses.
5. “Business Day” means normal working hours on a day on which scheduled banks are open for business in New Delhi.
6. “Credit Line” means the maximum drawdown limit for loan/credit facility granted by the Lender(s) to the Borrower as per Credit Line Sanction Terms, Credit Line Details Sheet, and other Financing Documents.
7. “Credit Line Application” means the application in the prescribed form submitted by the Borrower to the Credit Line Finance Parties through StashFin Platform for Credit Line for seeking the sanction of Credit Line from the Lender(s).
8. “Credit Line Details Sheet” means documents submitted by the Borrower to the Lender(s) and other Credit Line Finance Parties as complete, irrevocable acceptance to the Credit Line Sanction Terms (hereinafter defined) for availing loan/credit facility as mentioned there from the Lender(s).
9. “Credit Line Finance Parties” means and includes each of the Lender, EQX, and or service providers of Lender(s)/EQX provided such service providers are so designated by the Lender(s)/EQX for the specific purpose.
10. “Credit Line Sanction Terms” means communication from the Lender(s) through StashFin Platform to the Borrower with the details of the Lender(s) who have sanctioned the grant of the Credit Line for availing loan/credit facility by the Borrower, and respective Credit Line terms approved by each Lender(s), the Credit Terms and other terms applicable for availing the sanctioned Credit Line by the Borrower.
11. “Credit Terms” are terms that will apply to a Credit Line. The same will be as communicated by the Credit Line Finance Parties through StashFin Platform or otherwise and may include the following:
    1. Interest Rate (if applicable)
    2. IRR (if applicable)
    3. Overdue Interest Rate
    4. Processing Fee
    5. Documentation Charges
    6. Default Charges
    7. Repayment Instrument swapping charges
    8. Fee for change of Due Date
    9. Indicative purposes for which the Borrower can make Drawdown’
    10. Schedule of Charges (may include charges forming part of the Financing Documents, Credit Terms or other fees for specific services on StashFin Platform or by the Lender(s))
    11. Terms specific to Lender(s)
The Credit Terms are variable as decided by the Credit Line Finance Parties, and variations will be available on the web link at www.stashfin.com in the StashFin Platform. Any such alterations will be effective prospectively.
On each occasion, when the Borrower submits the Credit Line Details Sheet and/or during each instance of Drawdown and/or by using the StashFin Platform, it shall be deemed that the Borrower confirms to the Credit Terms and its variations.
12. “Demand Notice” shall mean notice or intimations send to the Borrower by the Credit Line Finance Parties seeking accelerated repayment of the Credit Line availed by the Borrower by way of any of the following:
    1. Email and/or to Borrower’s account in the StashFin Platform;
    2. Through SMS or WhatsApp to Borrower’s registered mobile number;
    3. Through voice mail to Borrower;
    4. Through the mail (courier or through Indian postal services);
    5. Any other electronic means including that by notification given in the User ID of the Borrower in the StashFin Platform;
    6. Such other means deemed fit by the Credit Line Finance Parties.
In case there are multiple Borrowers, such notice issued to a Borrower shall be deemed to be issued and served on all the Borrowers.
13. “Drawdown” shall mean each Drawdown of the Credit Line within the Availability Period and as per the terms of the Financing Documents. By availing the Drawdown, it shall be deemed that the Borrower confirms and accept each of the StashFin Terms and the Financing Documents.
14. “Due Date” in respect of any payment means the date on which any amount is due from the Borrower to the Lender(s) or the other Credit Line Finance Parties.
15. “EMI” means the equated monthly amount to be paid by the Borrower towards repayment of all outstanding Drawdowns and payment of Interest (if applicable) as per Financing Documents.
16. “EQX” means EQX Analytics Private Limited, a company under the provisions of the Companies Act, 2013, which will act as the Lender’s Agent for the Lender(s) in relation to the Credit Line as per these Terms. Notwithstanding anything mentioned to the contrary in these presents, EQX may perform any other business as may be permitted by law.
17. “Financing Documents” means and include the following (unless waived by the Credit Line Finance Parties):
    1. These Terms
    2. Each of the StashFin Terms
    3. Credit Terms
    4. Credit Line Application Form
    5. Credit Line Sanction Terms
    6. Demand Promissory Note (if any executed by the Borrower)
    7. Credit Line Details Sheet
    8. Payment undertaking (if any executed by the Borrower)
    9. Acknowledgment
    10. Any documents/terms and conditions executed/accepted by the Borrower as required by the Credit Line Finance Parties.
    11. Annexures and/or amendment and/or addendum to any of the above documents executed/accepted with the concurrence of the Credit Line Finance Parties.
18. “Lender(s)” means Lender(s) whose name is referred/referenced in the Credit Line Sanction Terms, Credit Line Details Sheet, other Financing Documents and has sanctioned a Credit Line as per terms hereof. To find details of the partner Lender(s) to StashFin, refer to the web link www.stashfin.com or on the StashFin Platform.
19. “Lender’s Agent” means EQX and Person(s) authorized by the Lender(s) from time to time for acting on their behalf which includes but not limited to collection of documents from the Borrower, verification of details, sending a reminder for repayments, issuing notices, instructing lawyers, site visits, monitoring utilization of amounts drawn, representing in courts and legal proceedings and acting on their behalf, bureau reporting, reporting to other repositories, doing any acts per law to enforce any legal right or remedy of the Lender(s) and/or any acts as per these Terms by virtue of being a Credit Line Finance Party.
20. “Material Adverse Effect” means any event which in the opinion of the Credit Line Finance Parties would have an adverse effect on:
    1. Borrower’s ability to pay the Borrower’s Dues;
    2. Recoverability of the Borrower’s Dues;
    3. Initiation of any insolvency or bankruptcy proceedings on the Borrower or Borrower’s business or Borrower’s employer;
    4. Initiation of any litigation or regulatory or investigative proceedings against the Borrower which in the opinion of the Credit Line Finance Parties affects the performance of any Obligation of the Borrower;
    5. The Borrower turns to non-responsive or is avoiding efforts of Credit Line Finance Parties to contact;
21. “Obligation” means and include Borrower’s responsibility and liability towards the Lender(s) under the terms of Financing Documents which includes but is not limited to, pay amounts when due (including but not limited to paying the Processing Fee, reimburse Documentation Charges, stamp duty, legal expenses and other charges (including that in the schedule of charges as given in the StashFin Platform)), pay any debts, principal, Interest Rate, Default Rate/Over Due Interest, expenses and other amounts which the Borrower owes to the Lender(s) now or later or to comply with such other terms and conditions, undertaking or documents, contract executed by the Borrower to avail the Credit Line or other loan from the Lender(s) or to or comply with any terms of the Financing Documents.
22. “Overdue Interest Rate” means the default interest as prescribed in the Credit Line Sanction Terms, Credit Line Details Sheet, other Financing Documents, which is payable by the Borrower on all amounts which are not paid on their respective Due Dates.
23. “Repayment Instrument” means to include instruments inter alia Post Dated Cheques (“PDC”), Undated Cheques (“UDC”), Whole Amount Cheques (“WAC”), (collectively, “Cheques”) or Electronic Clearing Service (“ECS”) mandates or Standing Instructions (“SI”) or National Automated Clearing House Mandate (“NACH”), Electronic Instructions, Payment Instruments, Payment Instructions, Debit Instructions and/or such other instruments as may be prescribed by the Lender(s) and issued by the Borrower for facilitating repayments of the Credit Line.
24. “StashFin Platform” means a designated office of EQX (or its service providers) or the website www.stashfin.com and StashFin mobile App and internet and technology-based platform which can be downloaded and used by the Borrowers:
    1. As per terms of use for the same;
    2. To apply for Credit Line or for Drawdown of Credit Line (as may be applicable);
    3. To use the same in such manner as permitted by the StashFin Platform from time to time.
25. “StashFin Terms” means and include, those in StashFin Platform for the following:
    1. General terms & conditions for the use of StashFin Platform
    2. Privacy policy of StashFin Platform
    3. End-user terms for StashFin User ID
    4. Terms of other service providers as provided in StashFin Platform
    5. These Terms
    6. Credit Terms
    7. Other terms, general disclaimers, etc.
26. “Terms” means these Credit Line General Terms and Conditions and documents referred here as may be modified and updated.
27. “User ID” means the unique identity of the Borrower, which is created and used by the Borrower to access the StashFin Platform for availing the Credit Line from the Lender(s) and/or availing any services from the Credit Line Finance Parties. The User ID shall be subject to StashFin Terms and Financing Documents.
2. In this Terms, unless the context otherwise requires:
1. the words importing singular shall include the plural and vice versa.
2. The words denoting natural persons shall, where the context admits, include partnerships, firms, companies, corporations, associations, organizations, or other entities (whether or not having a separate entity).
3. GENERAL DISCLAIMER
EQX ANALYTICS PRIVATE LIMITED IS:
1. NOT A FINANCIAL INSTITUTION OR A NON-BANKING FINANCIAL SERVICES COMPANY AND THEREFORE SHALL NOT BE PROVIDING ANY FINANCIAL SERVICES OR CREDIT FACILITIES.
2. IT IS ACTING AS A LENDER’S AGENT AND ALSO OFFER INTERNET-BASED TECHNOLOGY SUPPORT AS FOUND IN THE STASHFIN WEBSITE (WITHOUT ANY WARRANTIES) FOR FACILITATING BORROWING PROCESS MORE TECHNOLOGY BASED.
3. THE LENDER(S) MAY HAVE THEIR TERMS AND CONDITIONS OVER AND ABOVE STASHFIN TERMS AND ALSO SHALL BE THE PERSON WHO HAS/HAVE THE SOLE DISCRETIONARY AUTHORITY TO GRANT OR REJECT A CREDIT LINE APPLICATION FORM OR PERMIT A DRAWDOWN FROM THE CREDIT LINE.


3. CREDIT LINE
1. The terms of the Credit Line approved to a Borrower will be subject to the Terms hereof and as per the Credit Line Sanction Terms, Credit Line Details Sheet, other Financing Documents, and StashFin Terms.
2. Any use of the Credit Line by the Borrower or any request to avail of Credit Line shall be subject to applicable law, the purpose for which a Borrower seeks Drawdown shall not contravene the law or public policy, and the Borrower shall ensure the same without fail.
3. The Credit Line may be in the nature of revolving credit or nonrevolving nature, as per the discretion of the Lender(s).
4. In the case of a Revolving Credit Line, the Available Credit Line Amount may change during the Availability Period on account of prepayments/ repayments of earlier Drawdowns.
5. For a Credit Line to be revolving in nature, the same has to be mentioned explicitly in the respective Credit Line Sanction Terms and the Credit Line Details Sheet.
6. If the Credit Line is not revolving as per Credit Line Sanction Terms and the Credit Line Details Sheet, the Borrower will not be permitted to re-borrow the amount repaid as part of the same Credit Line.
7. Notwithstanding anything contained in these Terms and the Financing Documents, the Lender(s) shall have the absolute right to cancel or refuse any further Drawdown from the Credit Line at their discretion as it may deem fit, including on account of any change in credit evaluation of the Borrower.
8. Subject to these Terms and the Financing Documents, the Credit Line shall be available for Drawdown during the Availability Period Only.
9. The Borrower shall execute all documents and amendments and cooperate as required by the Credit Line Finance Parties from time to time:
1. To comply with any RBI guidelines/directives, or
2. For providing the Lender(s) and other Credit Line Finance Parties full benefit of rights under the Financing Documents and StashFin Terms.
3. Without prejudice to the aforesaid, the Borrower hereby irrevocably consents that on its failure to do so, all such documents and amendments and terms of cooperation as required by the Credit Line Finance Parties from time to time shall be deemed to be incorporated in the Financing Documents and/or StashFin Terms and shall be binding on the Borrower.


4. DISBURSEMENT
1. At any time during the Availability Period, the Borrower may request disbursement of any amount to the extent of the available Credit Line.
2. The Lender(s) shall have the sole and absolute discretion to allow or reject Drawdown against such request. The other Credit Line Financing Parties may also, at their discretion, may request the Lender(s) to deny any Drawdown request for reasons deemed fit by them.
3. Details of the Lender(s) extending the Credit Line and/or permitting the Drawdown towards the Credit Line will be available to the Borrower in Borrower’s User ID on the StashFin Platform.
4. Disbursement of any Drawdown directly to a third party, as mentioned in the Credit Line Sanction Terms and Credit Line Details Sheet, shall be treated as having been disbursed to the Borrower.
5. The Borrower shall pay non-refundable processing charges and documentation charges as stated in the Credit Line Sanction Terms, Credit Line Details Sheet, Credit Terms (including the schedule of charges) and other Financing Documents, along with goods and services tax (“GST”) thereof, which may be added as a deemed Drawdown from the Credit Line by the Borrower.
6. The Borrower will accordingly be liable for the entire Drawdown, including the amount towards the charges as aforesaid and as stated in the Credit Line Sanction Terms, Credit Line Details Sheet, Credit Terms (including the schedule of charges) and other Financing Documents, along with GST thereof and Interest (if any) thereon.
7. The Borrower acknowledges that the Loan, if approved can be granted by Akara Capital Advisors Private Limited or other lenders and mode of disbursement can be through SBM Bank India Limited, NSDL Payments Bank Limited or any other RBI approved payment platform/mechanism.


5. AUTHORITY TO CHARGE
1. The Borrower hereby unconditionally and irrevocably authorize the Credit Line Finance Parties to charge from the Credit Line, the amount due to it from the Borrower under the following heads (as may be applicable as per terms of the Financing Documents and StashFin Terms):
1. Processing Fee;
2. Documentation Charges;
3. Charges as per the Credit Terms (including those in the Schedule of Charges);
4. Other charges inter alia legal expenses and collection charges and any other charges as may be incurred by the Credit Line Finance Parties (as the case may be applicable).
2. The charges shall form as an admitted liability of the Borrower and shall be payable by the Borrower.
3. The Credit Line Finance Parties shall also be entitled to debit the Credit Line.


6. INTEREST AND REPAYMENT
1. The Borrower shall pay Interest (as applicable) on each Drawdown made by the Borrower from the Credit Line, and all other amounts due (as provided in Financing Documents and StashFin Terms). The Interest shall be computed on a monthly basis on the outstanding principal amount.
2. The Borrower will be responsible and liable to repay the entire Drawdown amount and shall pay the full amount for each Drawdown together with the Interest and other charges (as provided in Financing Documents and StashFin Terms).
3. In cases, where the installment is not paid on the Due Date, all overdue amounts shall accrue Interest at the prescribed Overdue Interest Rate, which shall be computed from the respective Due Dates for payments, and the interest shall be compounded on a monthly basis.
4. The Borrower acknowledges that in case of identified purpose, Drawdown may be allowed on the zero-interest basis (as provided in Financing Documents and StashFin Terms) and in such cases, the return shall be made available to the Lender(s) and/or other Credit Line Finance Parties by way of one-time non-refundable upfront discount provided by the vendor on selected purposes as mutually accepted between the Lender(s) and/or other Credit Line Finance Parties and vendor / its authorized representative.
5. The Borrower’s Obligation towards repayment by way of EMI (as provided in Financing Documents and StashFin Terms) shall be as calculated by the Lender(s) as required for amortization of Drawdowns within their respective tenure and Interest payable thereon.
6. The Borrower confirms their understanding that the EMI schedule given by the Credit Line Finance Parties shall only be towards principal outstanding and Interest thereon and does not include any default interest or any other charges payable by the Borrower pursuant to Financing Documents. The Over Due Interest and other charges (as provided in Financing Documents and StashFin Terms) will be over and above the EMI.
7. The payment of each EMI and other charges (as provided in Financing Documents and StashFin Terms) on time is the essence of the contract between the Borrower and the Credit Line Finance Parties.
8. The Borrower acknowledges that s/he has understood the method of computation of EMI and shall not dispute the same.
9. Notwithstanding anything to the contrary, all Borrower’s Dues, including EMI or other charges (as provided in Financing Documents and StashFin Terms), shall be payable by the Borrower to the Credit Line Finance Parties as and when demanded by the Credit Line Finance Parties, at their discretion and without the requirement of any reason being assigned. The Borrower shall pay such amounts, without any delay or demur, within fifteen (15) days of such demand.
10. The Lender(s) and other Credit Line Finance Parties shall be entitled to revise the rate of Interest if required under any applicable law. The Lender(s) and other Credit Line Finance Parties may also re-compute the EMI / the number of EMI for repayment of outstanding Credit Line and Interest.
11. Any such change as intimated by the Credit Line Finance Parties to the Borrower will be final and binding on the Borrower. In case of such revision, the Borrower shall be entitled to prepay within thirty (30) days of such revision, the entire outstanding Credit Line along with accrued Interest and charges (as provided in Financing Documents and StashFin Terms).
12. In case of delayed payments, without prejudice to all other rights of the Lender(s) and other Credit Line Finance Parties, the Lender(s) and other Credit Line Finance Parties shall be entitled to Overdue Interest Rate and charges (as provided in Financing Documents and StashFin Terms) from the Borrower for the period of delay.
13. The Borrower may prepay any Drawdown before its scheduled tenure only with the prior approval of Lender(s) and other Credit Line Finance Parties and subject to such conditions and prepayment charges, as provided in Financing Documents and StashFin Terms.
14. The Borrower shall bear all interest, tax, duties, cess and other forms of taxes including without limitation GST, value-added taxes, whether applicable now or in the future, payable under any law at any time in respect of any payments made to the Credit Line Finance Parties under the Financing Documents and StashFin Terms. If such payments are incurred by the Credit Line Finance Parties, the same shall be recoverable from the Borrower and will carry interest at the rate of Overdue Interest Rate from the date of payment till reimbursement.
15. The amounts repaid by the Borrower shall be appropriated firstly towards the cost, charges, expenses, and other monies, secondly towards Overdue Interest Rate, if any, thirdly towards Interest, and lastly towards repayment of the principal amount of a Credit Line. Notwithstanding anything contained herein, the Lender(s) and other Credit Line Finance Parties shall be entitled to adjust any advance monthly installment and/or security deposit/initial payment made by the Borrower towards any Borrower’s Dues in such manner and at such time as the Lender(s) and other Credit Line Finance Parties may determine in their sole discretion.
16. Interest (as applicable), Overdue Interest Rate, and all other charges shall accrue from day to day and shall be computed on the basis of 365 days a year, and the actual number of days elapsed.
17. If the due date for any payment is not a Business Day, the amount will be paid by Borrower on the immediately preceding Business Day.
18. All sums payable by the Borrower to the Lender(s) and other Credit Line Finance Parties (unless specifically) shall be paid without any deductions whatsoever. Credit/ discharge for payment will be given only on the realization of amounts due.
19. The Borrower acknowledges that the rate of interest, penal charges, service charges, and other charges payable and or accepted to be paid by the Borrower under Financing Documents are reasonable and acceptable to him/ her.


7. MODE OF PAYMENT, REPAYMENT, AND PREPAYMENT
1. As required by the Lender(s) and other Credit Line Finance Parties from time to time, the Borrower shall provide Repayment Instruments for payment of Borrower’s Dues. The Borrower shall honor all payments without fail on the first presentation of Repayment Instruments on each Due Dates.
2. The Repayment Instruments provided by the Borrower may be utilized by the Lender(s) and other Credit Line Finance Parties to realize any Borrower’s Dues.
3. The Borrower hereby unconditionally and irrevocably authorizes the Lender(s) and other Credit Line Finance Parties to take all actions required for such realization.
4. The Borrower shall promptly (and in any event within seven (7) days) replace Repayments Instrument and/or other documents executed for payment of Borrower’s Dues as may be required by the Lender(s) and other Credit Line Finance Parties from time to time at their absolute discretion.
5. The Borrower shall at all times maintain sufficient funds in his/her/their bank account/s for the due payment of the Borrower’s Dues on respective Due Dates.
6. The Borrower shall not close the bank account/s from which the Repayment Instruments have been issued or cancel or issues instructions to the bank or to the Lender(s) and other Credit Line Finance Parties to stop or delay payment under the Repayment Instruments, and the Lender(s) and other Credit Line Finance Parties are not bound to take notice of any such communication.
7. The Borrower confirms and understands that the Lender(s) and other Credit Line Finance Parties at their discretion may retain the Credit Line Application Form, the photographs, information, and documents submitted by the Borrower.
8. The Borrower also confirms that the Lender(s) and other Credit Line Finance Parties shall have all right to retain such documents for its internal records as per document retention policies adopted by the Lender(s) and other Credit Line Finance Parties.
9. The Borrower confirms and acknowledges that the Repayment Instruments have been issued voluntarily in the discharge of the Borrower’s Dues and not by way of security for any purpose whatsoever.
10. The Borrower shall be liable to pay dishonor charges for each Repayment Instrument dishonor (as prescribed in the Financing Documents and StashFin Terms).
11. Any dispute or difference of any nature whatsoever shall not entitle the Borrower to withhold or delay payment of any EMIs or other sum, and the Lender(s) and other Credit Line Finance Parties shall be entitled to present the Repayment Instruments on the respective Due Dates.
12. Notwithstanding the issuance of Repayment Instruments, the Borrower will be solely responsible for ensuring timely payment of dues.
13. After due discharge of all the Obligations of the Borrower, the Lender(s) and other Credit Line Finance Parties shall have the right to destroy the same, as it may deem fit and proper subject to its document retention policy. The Borrower shall not have any right to demand the return of any documents.


8. BORROWER’S COVENANTS, REPRESENTATIONS, AND WARRANTIES
1. The Borrower undertakes/ confirm that they shall:
1. Observe and perform all its Obligations (including payment of Borrower’s Dues) under the Financing Documents and StashFin Terms.
2. They shall on demand made by the Lender(s) and other Credit Line Finance Parties, pay the amount of any Increased Costs incurred by the Lender(s) and other Credit Line Finance Parties as a result of:
   1. The introduction of or any change in (or in the interpretation, administration or application of) any law or regulation, or
   2. Compliance with any law or regulation made after the date of grant of the Credit Line. For the purpose of this clause, “Increased Cost” means:
      1. An additional or increased cost;
      2. A reduction in the rate of return from the Credit Line, or
      3. A reduction of an amount due and payable under or in relation to the Credit Line, which is incurred or suffered by the Lender(s) and other Credit Line Finance Parties but only to the extent attributable to the Lender(s) and other Credit Line Finance Parties.
3. Immediately deliver to the Credit Line Finance Parties all documents/information, including bank account statements, as may be required by the Lender(s) and other Credit Line Finance Parties from time to time.
4. The Borrower request and authorizes the Credit Line Finance Parties to communicate independently with,
   1. Any bank where the Borrower maintains an account and to seek details and statements in respect of such an account from the bank.
   2. With any employer of any Borrower as the Credit Line Finance Parties may deem necessary, including for monitoring Borrower’s creditworthiness.
   3. Family members, friends, and relatives of the Borrower, and
   4. Such other persons as deem fit by the Credit Line Finance Parties.
5. Immediately notify the Credit Line Finance Parties of any litigations or legal proceedings against the Borrower.
6. Notify the Credit Line Finance Parties of any Material Adverse Effect or Event of Default.
7. Notify the Credit Line Finance Parties in writing of all changes in the location/ address of office/ residence /place of business or any change/ resignation/termination/closure of employment/ profession /business.
8. Comply at all times with applicable laws, including, Prevention of Money Laundering Act, 2002.
9. Utilize each Drawdown only for lawful and permitted purposes.
10. The calculation with respect to the EMI, Interest Rate, Default Rate/Borrower’s Due, Processing Fee, Documentation Charges, legal expenses, collection charges, cost, and expenses, etc. shall be binding on the Borrower in the manner calculated by the Lender(s) and other Credit Line Finance Parties.
11. Further, the Borrower understands and confirm that each Lender and other Credit Line Finance Parties will maintain in accordance with its usual practice, accounts in its books evidencing the amounts from time to time owed to it therein and a certificate in writing signed by an officer of the Lender(s) and other Credit Line Finance Parties stating the amount at any particular time due and payable to the Lender(s) or the other Credit Line Finance Parties shall be conclusive and binding on the Borrower.
12. That in any legal action or proceeding arising out of or in connection with this contract, the entries made in the accounts maintained pursuant to this contract shall be prima facie evidence of the existence and amounts of the Obligations of the Borrower.
13. That the Lender(s) and other Credit Line Finance Parties shall be entitled to serve Demand Notice directly or through other Credit Line Finance Parties or other service providers and the amount mentioned in such notice shall be deemed to be admitted liability of the Borrower.
14. On request of the Credit Line Finance Parties, the Borrower shall intimate and instruct the employer/s of the Borrower to transfer every month from the Borrower’ salary/emoluments a specific sum (being the Installments) towards the repayment to the Lender(s) and other Credit Line Finance Parties as per terms of the Financing Documents and other StashFin Terms.
15. The Borrower confirms that the Credit Line Finance Parties shall have the authority to approach the employer/s of the Borrower directly for repayment of installments and/or any other charges/sums due from the Borrower to the Lender(s) and other Credit Line Finance Parties including but not limited to that of the Borrower’s Due under Financing Documents and/or the StashFin Terms.
16. The Borrower confirms to the Credit Line Finance Parties that the Credit Line Finance Parties shall be authorized to seek payments towards the Credit Line and other services as per the Financing Documents and/or the StashFin Terms from an employer of the Borrower or from any person from whom the Borrower is entitled to receive money (“Entitlement”).
17. The Borrower confirm that such an employer or the person from whom the Borrower is entitled to receive money shall be entitled to deduct from Borrower’s Entitlements and transfer the said amount to the Credit Line Finance Parties for satisfaction of dues in part or full (as applicable).
18. The Borrower also confirms that such an employer or the person from whom the Borrower is entitled to receive money is sufficiently notified to honor a request from the Credit Line Finance Parties for transfer of Borrower’s Entitlements in part or full as may be requested by the Credit Line Finance Parties and such persons have confirmed to the same.
19. That the Borrower irrevocably authorizes the Credit Line Finance Parties to have the first charge on their assets, including amounts lying in their bank accounts, mutual fund, insurance, securities, receivables, etc., to the extent of dues owed by them and for the due performance of their Obligations. The charge on such assets and payment Obligations to the Credit Line Finance Parties shall not be subordinated to the rights of any third person.
20. That the Borrower declares that they are not an employee or a contractor or relative to any employee or contractor of any of the Credit Line Finance Parties, in case they become an employee or a contractor or relative to any employee or contractor of any of the Credit Line Finance Parties they shall immediately repay the Credit Line. The expression relative shall have the meaning as defined in the Companies Act, 2013.
2. Each Borrower represents and warrants to each of the Credit Line Finance Parties as under:
1. All the information provided by Borrower in the Credit Line Application Form and any other document, whether relevant for ascertaining the Borrower’s creditworthiness, is true and correct and not misleading in any manner.
2. The Borrower is capable of and entitled under all applicable laws to execute and perform the Financing Documents and the transactions thereunder.
3. The Borrower is above 18 years of age, and this contract is a legal, valid, and binding Obligation on him/her, enforceable against him/her in accordance with its terms.
4. The Borrower declares that any law does not prohibit them from availing this Credit Line.
5. No event has occurred that shall prejudicially affect the interest of the Credit Line Finance Parties or affect Borrower’s financial conditions or affect his/her liability to perform all of their Obligations under the Financing Documents.
6. The Borrower is not in default of payment of any taxes or government dues.
7. The Borrower will do all acts, deeds, and things, as required by the Credit Line Finance Parties, to affect these Terms.
8. No bankruptcy and/or insolvency proceedings have been initiated/are pending against the Borrower.
9. All the representations and warranties given by the Borrower shall subsist and have a continuing effect at the time of each Drawdown and during the Credit Line’s currency.
10. The Borrower hereby consents that the Credit Line Finance Parties and/or their authorized representative/s may communicate with the Borrower either by phone calls, SMS, electronic mails or through any other mode of communication available for the purpose of discussing the current status of his Credit Line or reminder/ collection of any dues in respect of any Credit Line or for any matter related to the Credit Line and such phone calls, SMS, etc., shall not be covered under the purview of “Do Not Disturb” policy of the Telecom Regulatory Authority of India (TRAI). For this purpose, Borrower hereby grants permission to Credit Line Finance Parties, to contact him any time between 07.00 hours to 21.00 hours from Monday to Sunday.
11. The Borrower confirms that, in the case of telephone communications (including AVR, SMS, mobile applications, etc.) or online customer portal, as the case may be, the Credit Line Finance Parties may require the Borrower to use/enter a password allotted by the Credit Line Finance Parties to such Borrower or may ask the Borrower questions about himself and about particulars of the Borrower’s account(s) including a personal identification number in order to verify the Borrower’s identity and/ or may require a call-back procedure, all as deemed appropriate by the Credit Line Finance Parties.
12. The Borrower is obliged to keep any password and an identification number designated by or provided to him hereunder as confidential, and the Borrower shall be responsible for any consequence that may arise from the use of such a password by any other person. The Credit Line Finance Parties shall not be liable in any manner for access to the Borrower’s account by use of the user password by any Person whomsoever.
13. The Borrower irrevocably and unconditionally consents to Credit Line Finance Parties recording of all the Borrower’s electronic communication (e.g., telephone calls, electronic mail, SMS, mobile application or other) and storage of electronic media by Credit Line Finance Parties and accepts such recordings and electronic media as evidence with regard to acceptance of all the terms of the Credit Line including, but not limited to, the grant of the Credit Line or loan, levy of any fee/ charges, Interest Amount over each such Credit Line(s), rate of Interest applicable on each such Credit Line, the period for each such Credit Line borrowed by Borrower and the number/ amount of monthly installment that the Borrower has to pay to Credit Line Finance Parties. The Borrower further accepts that such a record may be used by Credit Line Finance Parties, as evidence in a court of law or any legal proceedings.
14. The Borrower gives its consent to each of the Credit Line Finance Parties jointly and severally to use/store all the information provided by the Borrower or otherwise procured by the Credit Line Finance Parties in the manner they deem fit including for the purposes of this Credit Line or its business.
15. The Borrower understands and confirms that the Credit Line Finance Parties may disclose such information to their contractors, agents, and any other third parties.
16. The Borrower understands and confirms that any promotional schemes and/or contest being initiated by the Credit Line Finance Parties for its customers is independent of these Terms and the Credit Line, and such promotional schemes and/or contests do not constitute any kind of solicitation by the Credit Line Finance Parties. Such promotional schemes and/or contests shall be governed by the terms and conditions in relation thereto, which shall be carefully read by the Borrower in case the Borrower decides to participate in such schemes/contests. Further, the Borrower confirms that the Credit Line Finance Parties shall have the right to withdraw any of the promotional schemes at their sole discretion as per its respective terms.
17. The Borrower grants consent to the Credit Line Finance Parties to cross-sell its other products and services.
18. The Borrower understands that their communications with the Credit Line Finance Parties may involve electronic means. The Borrower confirms that it shall be their responsibility to maintain their personal information such as passwords, user id, and such related information confidential to avoid any misuse.
19. The Borrower confirms that interaction made by them through electronic means such as email, facsimile, SMS text messaging, StashFin Platform, online acceptance, etc. shall be legal and binding on the Borrower and the Credit Line Finance Parties shall be entitled to rely on the same. Therefore, the Borrower shall take adequate care while using the StashFin Platform or while giving instructions through the StashFin Platform through any electronic means.


9. INSURANCE
1. The Credit Line Finance Parties may at its own discretion and upon Borrower’s request, also finance the Borrower for the insurance premium of insurance policy taken by Borrower as per Borrower’s own wish from any insurance company of Borrower’s choice, which sum(s) shall be added to the principal amount under the Credit Line and all the terms and conditions shall be additionally applicable thereto.
2. All expenses, charges, fees, taxes, etc. as applicable on any such insurance shall be incurred and paid by the Borrower, however, in case paid by the Credit Line Finance Parties on Borrower’s behalf, the Borrower shall reimburse the same to the Credit Line Finance Parties (as applicable) within 24 hours of the request made by the respective Credit Line Finance Party.
3. The Borrower shall instruct the insurance company to add the Credit Line Finance Parties (as applicable) as loss payee in any such insurance policy and hand over a copy of the same in the manner required by the Credit Line Finance Parties (as applicable).


10. EVENTS OF DEFAULTS
1. The following acts/events, as set out below, shall each constitute an “Event of Default” by the Borrower for the purposes of each Credit Line:
1. The Borrower fails to make payment of any Borrower’s Dues on Due Date or fails to perform any Obligation.
2. Breach of any terms, covenants, representation, warranty, declaration or confirmation under any of the Financing Documents and/or StashFin Terms.
3. Any fraud or misrepresentation or concealment of material information by Borrower which could have affected the decision of the Credit Line Finance Parties to grant any Credit Line or services (as applicable).
4. Death, lunacy, or any other permanent disability of the Borrower.
5. Change of residency status of the Borrower.
6. Borrower utilizes the Drawdown for any purpose other than the permissible purposes.
7. The occurrence of any events, conditions or circumstances (including any change in law) which in the independent and absolute opinion of the Credit Line Finance Parties could have a Material Adverse Effect, including limitation of any proceedings or action for bankruptcy/liquidation/ insolvency of the Borrower or attachment/restraint of any of its assets.
8. Breach of any terms of the Financing Documents by the Borrower or performance of Obligations of the Borrower (including breach towards nonpayment or Borrower’s Dues) as per terms of the Financing Documents in a manner not satisfactory to the Lender and other Credit Line Finance Parties.
9. Any default by the Borrower under any other contract between the Borrower and any creditor or any other contract or indebtedness of the Borrower or the performance of any covenant, term or undertaking thereunder or any indebtedness of any of the Borrower is not paid when due or any creditor of the Borrower becomes entitled to declare any such indebtedness due and payable before the date on which it would otherwise have become due, or any guarantee or indemnity given by the Borrower is not honored, when due and called upon.
10. Initiation of any insolvency/bankruptcy proceedings against the Borrower.
2. The Credit Line Finance Parties’ decision as to whether or not an Event of Default has occurred shall be binding upon the Borrower.
3. Effect of Event of Default. Upon the occurrence of any Event of Default, all amounts payable under any of the Financing Documents and StashFin Terms shall be due and payable forthwith without any notice or further actions from the Credit Line Finance Parties. This shall be without prejudice to other legal rights and remedies which the Credit Line Finance Parties shall be entitled to pursue.


11. CONSEQUENCES OF DEFAULT
1. Upon the occurrence of any of the Events of Default and at any time thereafter, the Credit Line Finance Parties shall have the right, but not the obligation to declare all sums outstanding in respect of the Credit Line, whether due or not, immediately repayable and upon the Borrower fails to make the said payments within 15 (fifteen) days thereof, the Credit Line Finance Parties may look at their discretion exercise any other right or remedy which may be available to the Credit Line Finance Parties under any applicable law, including seeking any injunctive relief or attachment against the Borrower or their assets or initiate other civil and criminal proceedings (as may be required) which may include but not limited to the proceedings under section 138 of the Negotiable Instruments Act, 1881 and under section 25 of the Payments and Settlement Systems Act, 2007.
2. The Borrower shall also be responsible and liable for payment of all legal and other costs and expenses resulting from the foregoing defaults or the exercise of the remedies of the Credit Line Finance Parties and towards any claims made by the Credit Line Finance Parties towards costs incurred by them.


12. DISCLOSURES
1. The Credit Line Finance Parties will take the best endeavor to maintain the confidentiality imposed on it by applicable law.
2. The Borrower acknowledges/s, accept/s and consent/s that the Credit Line Finance Parties shall be entitled to disclose information:
1. To third parties for the purposes of credit reference checks, verification, etc., disclose any information/documents relating to the Borrower under these Terms to, other Credit Line Finance Parties including Service Providers, Affiliates or to prospective transferees or purchasers of any interest in the Credit Line or as required by law or any government order or direction including disclosure as may be necessary to perform or fulfill any requirement specified by the Reserve Bank of India or as deemed necessary by the Credit Line Finance Parties while exercising its remedies under these Terms or the other Financing Documents.
2. Information and data relating to the Borrower;
3. The information or data relating to any Credit Line availed of/to be availed by the Borrower.
4. Default, if any, committed by the Borrower;
5. For protecting its interests to Income Tax authorities and other authorities;
6. To Credit Rating Agencies or Credit Information Companies, or any other Government;
7. Any other Regulatory Authorities/Bodies/ Departments/authorities as and when so demanded.
3. The Borrower hereby waives the privilege of privacy and defamation explicitly.
4. The Borrower further confirms and gives specific consent to the Credit Line Finance Parties for disclosing/submitting the ‘financial information’ as defined in Section 3 (13) of the Insolvency and Bankruptcy Code, 2016 (‘Code’ for brief ) read with the relevant Regulations/ Rules framed under the Code, as amended and in force from time to time and as specified thereunder from time to time, in respect of the Credit/ Financial facilities availed from the Credit Line Finance Parties, from time to time, to any ‘Information Utility’ ( ‘IU’ for brief ) as defined in Section 3 (21) of the Code, in accordance with the relevant regulations framed under the Code, and directions issued by Reserve Bank of India from time to time and hereby specifically confirm to promptly authenticate the ‘financial information submitted by the Credit Line Finance Parties, as and when requested by the concerned ‘IU’.
5. The Borrower shall not hold the Credit Line Finance Parties responsible for sharing and/or disclosing the information now or in the future and for any consequences suffered by the Borrower and/or other by reason thereof. The provisions of this clause shall survive termination of these Terms and the repayment of the Borrower’s Dues.
6. The Borrower, as a precondition of the Credit Line given by the Credit Line Finance Parties, confirms that, in case, the Borrower commits default in the repayment on the Due Date, the Credit Line Finance Parties and/or the Reserve Bank of India, shall have an unqualified right to disclose or publish the name of the Borrower as ‘defaulters’ in such manner and through such medium as the Credit Line Finance Parties or Reserve Bank of India in their absolute discretion may think fit.


13. EQX AS LENDER’S AGENT AND OTHER SERVICE PROVIDERS
1. The Borrower confirms that they have no objection to EQX acting as a Lender’s Agent and performing duties assigned by the Credit Line Finance Parties from time to time.
2. The Borrower also confirms that instructions given by EQX in relation to Credit Line shall be binding on them.
3. The Borrower confirms that without prejudice to any rights of other Credit Line Finance Parties, EQX shall be entitled to give instructions to the Borrower, issue notice to the Borrower, collect Repayment Instruments, repayment amount, etc.
4. The Borrower expressly recognizes and accepts that the Credit Line Finance Parties shall jointly or severally without prejudice to their rights to perform such activities themselves or through their office employees be entitled and have full power and authority so to appoint one or more third parties including but not limited to EQX (hereinafter referred to as “Service Providers”) as the Credit Line Finance Parties may select and to delegate to such party all or any of their functions, rights, and power under Financing Documents and StashFin Terms relating to the sourcing, administration, monitoring of the Credit Line and to perform and execute all lawful acts, deeds, matters and things connected therewith and incidental thereto including sending notices contacting Borrower, receiving Repayment Instruments from the Borrower in favor of the Credit Line Finance Parties, etc.
5. By availing the Credit Line and by accepting the terms herein mentioned, Borrower confirms as follows:
1. While applying for the Credit Line through the StashFin Platform, the Borrower has visited the partner lending page on the StashFin Platform.
2. The Borrower also confirms that they also visited the relevant Lender’s website and have perused the relevant details required for understanding and confirmation to be granted for availing the Credit Line.
3. The Borrower also confirms that they shall be obliged to keep themselves updated about the changes to these Terms made by the StashFin Platform and or any Credit Line Finance Parties.
4. The Borrower also confirms that they shall have no objections in EQX acting as an agent of the Lenders (s), Lender’s Agents, or on behalf of the Lender(s) or in such manner as may be decided by EQX from time to time.
5. The Borrower also confirms that they shall be bound by any contractual provisions undertaken to the Lender(s) by EQX.
6. The Borrower also confirms that EQX will be entitled to act as customer support, collection agent, sales agent, technology support, and for such other support/services as deem fit by the EQX.
7. The Borrower also grants and agrees to consent to EQX (as required) to perform such functions through electronic or non-electronic means, including the StashFin Platform or through its service providers or through such other means as deem fit by EQX from time to time.


14. ELECTRONIC INTERACTIONS
1. The Borrower hereby confirms that the electronic acceptance of these Terms, StashFin Terms, or any Financing Documents results in a binding contract between the Borrower and the Credit Line Finance Parties (as may be applicable).
2. The Borrower is aware that the transmission of these Terms, StashFin Terms or any of the Financing Documents, terms and conditions, instructions, acceptances, and communications can be through electronic means such as email, facsimile, SMS text messaging, websites, StashFin Platform, WhatsApp, Viber, telegram (or similar), online/electronic acceptance, etc. (“Electronic Form”).
3. It is informed to the Borrower that interaction through Electronic Form involves a number of risks, including fraudulent alterations and incorrect transmissions and absence of confidentiality. The Borrower has taken note of such risk, and pursuant to that proceeded to confirm the Terms herein.
4. The Borrower confirms that the Borrower shall be liable for any loss suffered by the Credit Line Finance Parties based on communication by the Borrower through Electronic Form.
5. The Borrower hereby irrevocably, confirms, and undertakes to the Credit Line Finance Parties as under:


15. MISCELLANEOUS
1. Notwithstanding any suspension or termination of any Credit Line, all rights and remedies of the Credit Line Finance Parties as per Financing Documents and StashFin shall continue to survive until the receipt by the Credit Line Finance Parties of the Borrower’s Dues in full.
2. The Borrower acknowledges that the financing transaction hereunder gives rise to a relationship of debtor and creditor between him/her/it and the Lender(s) and not in respect of any service rendered/to be rendered by the Lender(s). Accordingly, the provisions of the Consumer Protection Act of 1986 shall not apply to the transaction hereunder with the Lender(s).
3. The Borrower hereby authorizes each of the Credit Line Finance Parties to verify all information and documents including, income proof documents, residence documents, address proof documents, identity documents and other such documents containing personal and financial information as are submitted by the Borrower for obtaining any Credit Line, and the Borrower also consents to subsequent retention of the same by the Credit Line Finance Parties.
4. The Borrower hereby authorizes each of the Credit Line Finance Parties to perform reference checks about the Borrower in the manner satisfactory to the Credit Line Finance Parties.
5. The Borrower acknowledges and authorizes each of the Credit Line Finance Parties to procure Borrower’s PAN No./ copy of Pan Card, other identity proof and Bank account details, from time to time and also to generate/obtain CIBIL, Experian, Hunter reports and such other reports (including detailed background verification reports) as and when the Credit Line Finance Parties may deem fit.
6. In the event of any disagreement or dispute between the Credit Line Finance Parties and the Borrower regarding the materiality of any matter including of any event occurrence, circumstance, change, fact information, document, authorization, proceeding, act, omission, claim, breach, default or otherwise, the opinion of the Credit Line Finance Parties as to the materiality of any of the foregoing shall be final and binding on the Borrower.
7. The Borrower acknowledges that each of his/her/its Obligations under these Financing Documents and StashFin Terms is independent and severable from the rest. If any Obligation is found not enforceable by a court of law, for any reason, the Borrower shall continue to remain bound by the other Obligations stipulated herein. If any provision of the Financing Documents and StashFin Terms is prohibited or unenforceable in any jurisdiction, shall not invalidate the remaining provisions of the Financing Documents. All Credit Line and the Financing Documents shall be governed by and construed in accordance with the laws of India. All disputes, differences and/or claims arising out of these presents or as to the construction, meaning or effect hereof or as to the right and liabilities of the parties under the Financing Documents and StashFin Terms shall be settled by arbitration in accordance with the provision of the Arbitration and Conciliation Act, 1996 or any statutory amendments thereof or any statute enacted for replacement therefore and shall be referred to a sole Arbitrator to be appointed by the Credit Line Finance Parties. The place of arbitration shall be Delhi. The Arbitrator may lay down from time to time the procedure to be followed by him in conducting arbitration proceedings and shall conduct arbitration proceedings in such manner as he considers appropriate and is hereby expressly authorized to adopt such summary/fast-track procedure for the conduct of the proceedings as she/he may deem fit, including dispensing with oral hearings and issue the award within six (6) months from the date the arbitral tribunal enters upon the reference. The awards, including interim awards of the arbitration, shall be final and binding on all parties concerned. The arbitrator may pass the award without stating any reasons for such an award. Further, the present clause shall survive the termination of Financing Documents and StashFin Terms. The Courts at Delhi, India shall have exclusive jurisdiction (subject to the arbitration proceedings which are to be also conducted in Delhi, India) over any or all disputes arising out of the Financing Documents.
8. Any notice to be given to the Borrower in respect of Financing Documents shall be deemed to have been validly given if served on the Borrower. Any notice to the Credit Line Finance Parties shall be deemed to have been valid only if received by the respective Credit Line Finance Parties.
9. The Borrower may approach EQX in case of any grievances pertaining to the Credit Line. If not resolved, they can also contact the Lender(s).
10. The Borrower shall not be entitled to jointly or severally transfer or assign all or any of their rights, Obligations or duties under the Financing Documents to any person directly or indirectly or create any third party interest in favor of any person without the prior written consent of the Credit Line Finance Parties.
11. Assignments/Securitization/Participation by Lender(s). Each Lender reserves the right to assign/sell/securitize the Credit Line forming part of the Credit Line, by transferring and/or assigning or otherwise all its right, title and interest which such Lender(s) deems appropriate and the Borrower hereby expressly confirms that in that event, the Lender(s) are not required to obtain any permission or give the Borrower any notice. The Borrower shall be bound to accept any such securitization and any such sale, assignment or transfer and the Borrower shall accept such other party/ies as creditors exclusively or as a joint creditor with the Lender(s), or as a creditor exclusively with the right of the Lender(s) to continue to exercise all powers hereunder on behalf of any such other party. In the event of default, any cost in this behalf, whether on account of such sale, assignment or transfer or enforcement of rights and recovery of outstanding dues shall be to the account of the Borrower. The Borrower undertakes to pay third parties the difference between the Credit Line outstanding and the amount received by the Lender(s) in the event of transfer to a third party. The Lender(s) may sell risk participations to one or more persons in all or a portion of its rights and Obligations under these Terms and other Financing Documents and Borrower consent to such arrangement by the Lender(s). The Borrower shall duly execute such other documents as may be requested by the Credit Line Finance Parties and the risk participating person. The Borrower shall not assign, transfer or novate any interest in its rights and/or Obligations, without the prior written consent of the Credit Line Finance Parties.
12. The Financing Documents and StashFin Terms shall be binding upon and inure to the benefit of the Borrower and the Credit Line Finance Parties (as may be applicable) and their respective successors and assigns, except that the Borrower shall not have the right to assign its rights hereunder or any interest therein without the prior written consent of the Credit Line Finance Parties. Each Borrower confirms/s that the Credit Line Sanction Terms, Credit Line Details Sheet, other Financing Documents, and StashFin Terms (as may be applicable) executed/confirmed by one of the Borrower shall be conclusive evidence of the drawal of the Credit Line. Each Borrower undertakes to perform corresponding Obligations and make a payment towards Borrower’s Dues.
13. Any omission or delay on the part of any of the Credit Line Finance Parties, in exercising any of their rights, powers or remedy, upon failure by the Borrower in the due and punctual fulfillment of the Obligations of the Borrower hereunder, shall not be deemed to constitute a waiver by the Credit Line Finance Parties of any of their rights to require such due, a punctual and full performance by the Borrower.
14. The Borrower shall pay all stamp duty, registration cost, fees, and out-of-pocket expenses incurred by it in connection with the preparation, execution, and delivery of the Financing Documents and the other documents to be delivered hereunder. The Borrower confirms to indemnify and hold harmless the Credit Line Finance Parties from and against any and all claims, damages, liabilities, and expenses (including fees of counsel) which may be incurred by or asserted against the Credit Line Finance Parties in connection with or arising out of any, investigation, litigation or proceeding (whether or not the Credit Line Finance Parties is a party thereto) related to any use or proposed use of the proceeds of the debt by the Borrower.
15. The Borrower shall also indemnify the Credit Line Finance Parties and keep the Credit Line Finance Parties indemnified in respect of any actions, claims, costs, damages, demands, expenses, losses and liabilities made against, suffered or incurred by the Credit Line Finance Parties arising directly or indirectly from or in connection with:
1. Any failure by the Borrower to comply with the provisions of the Financing Documents.
2. Any liability, including third-party liability.
3. Any claims, losses, demands, actions, costs, expenses, and liabilities incurred or suffered by the Credit Line Finance Parties because of the representations and warranties given by the Borrower being false or untrue.
16. In the case of multiple Borrowers,
1. Each Borrower confirms to act as agent of the other, any Obligation undertaken by a Borrower in favor of the Credit Line Finance Parties shall be binding on the other.
2. Each Borrower confirms that each of them shall have a joint and several liability and responsibility to discharge all and any Obligations towards the Credit Line Finance Parties as per terms of these Terms, other Financing Documents, and StashFin Terms.
17. The grant of the Credit Line or services by the Lender(s) and other Credit Line Finance Parties, shall not vest in the Borrower or any other person a right to claim any damages from the Lender(s) and other Credit Line Finance Parties, for any reason whatsoever.
18. All covenants, representations, warranties of the Borrower under the Financing Documents shall continue in full force and effect until all Obligations have been satisfied. The indemnification Obligations of the Borrower shall also survive the Financing Documents’ and StashFin Documents’ termination and shall be deemed to be continuing and in full force and effect, subject to applicable laws. Further, all clauses of the Financing Documents, which are expressly stated as surviving termination of the Financing Documents, shall survive the Financing Documents’ termination.
19. THE BORROWER CONFIRMS HAVING PERUSED, UNDERSTOOD, AND CONFIRM TO THE ABOVE CLAUSES INCLUDING THE CREDIT LINE AND THE RELEVANT CREDIT LINE FINANCE PARTIES’ METHOD OF CALCULATING INSTALLMENT AND APPLICABLE CHARGES. THE TERMS ABOVE AND OTHER DOCUMENTS HAVE BEEN EXPLAINED TO THE BORROWER IN THE LANGUAGE UNDERSTOOD BY THE BORROWER, AND THE BORROWER HAS UNDERSTOOD THE ENTIRE MEANING OF THE VARIOUS CLAUSES STATED IN THESE TERMS. THE BORROWER IS AWARE THAT LENDER(S) HAS ACCEPTED TO GRANT CREDIT LINE TO BORROWER ONLY BASED ON THE REPRESENTATIONS AND WARRANTIES MADE BY THE BORROWER AND THE UNDERTAKING PROVIDED BY THE BORROWER TO ABIDE BY THESE TERMS.

The undersigned declare and confirm the following:

1. I hereby authorise Akara Capital Advisors Private Limited (“Akara”), other lenders and EQX Analytics Private Limited (“EQX”) on StashFin Platform to verify/check/obtain/download my KYC details from the CKYC Registry:
   • By verifying such details through the CKYC number (ie., KYC identified Number – KIN) provided by me or
   • by obtaining such CKYC number/KIN, through details shared by me as part of loan application or any Loan Documentation.
2. I hereby grant my explicit consent to download my records from CKYCR.
3. I also consent that the Lender/s and/or EQX on the StashFin Platform directly or through StashFin (Lender’s Agent) may download and use my records from the CKYCR by using my details and by virtue of this explicit consent.
4. I also grant my consent to the Lender/s EQX and StashFin (Lender’s Agent) to use my KYC details for the purpose of account-based relation with the Lender/s or any regulated entity.
5. I also grant my consent to share my KYC details with its partners/co-lenders/facilitators/business partners (including but not limited to NSDL Payments Bank Limited, SBM Bank India Limited, Care Health Insurance , other co-lenders) for company related activities.
6. I declare that the details furnished by me are true and correct to the best of my knowledge and belief, and I undertake to inform Lender/s, EQX and StashFin (Lender’s Agent) of any changes immediately. In case any of the information provided by me is found to be false or untrue or misleading or misrepresenting in nature, I am aware that I will be held liable for it.
7. I confirm to you that my personal KYC details submitted to you may be shared with Central KYC Registry.
8. I hereby consent to receive information from Central KYC Registry through SMS/Email on my registered number/email address provided to you.
9. This consent shall form part of my Loan Documents with Lender/s on StashFin Platform.

I confirm that:

1. I have applied for a Credit Line from the Lender(s) in www.stashfin.com /StashFin App (“StashFin Platform”) against which Credit Line has been sanctioned to me/us by the Lender(s) in StashFin Platform. I am duly authorized and empowered to make the request and confirmations, as mentioned herein.
2. I request the Lender(s) to make disbursement after deducting the amounts as required by StashFin Platform and the Lender(s) as per terms of the Financing Documents and StashFin Terms executed for the Credit Line/s and/or as per the terms and conditions prescribed by StashFin Platform and the Lender(s) from time to time.
3. I hereby give my consent for disbursement of the Credit Line in tranches as per terms of the Financing Documents and StashFin Terms executed for the Credit Line/s and/or the terms and conditions prescribed by the StashFin Platform and the Lender(s) from time to time.
4. I request StashFin Platform, and the Lender(s) disburse amounts, which can be disbursed to me/us from the sanctioned Credit Line as per my/our request.
5. I understand that I shall be liable to repay the Credit Line amount as per terms agreed with StashFin Platform and the Lender(s) and prescribed by StashFin Platform and the Lender(s) from time to time.
6. I confirm that I understand that StashFin Platform and the Lender(s) may deny this request without any assigning any reasons, and I shall not hold the StashFin Platform and the Lender(s) responsible or liable for the same.
7. I confirm that the multiple modes of disbursement is offered to me, i.e. directly to Bank account, to my payee or to my prepaid card and I have exercised my discretion by opting one of the same.
8. I confirm that I understand that StashFin Platform and the Lender(s) may seek any additional details, and I shall not hold the StashFin Platform and the Lender(s) liable for any delay due to the same.
9. I confirm that I have checked each detail submitted for seeking disbursement. StashFin Platform and the Lender(s) shall not be liable for any error in the disbursement or due to any delay or network errors.
10. I confirm that this request forms part of the Financing Documents and StashFin Terms executed with the StashFin Platform and the Lender(s), and the terms herein are in addition to the same and do not dilute or alter any rights or entitlements of StashFin Platform in any manner.
11. I confirm that I understand that this request is irrevocable and unalterable and shall take most of the care to ascertain each detail. Any transaction or transfer of amounts based on this request shall be at my/our sole risk, responsibility, and liability.
12. I confirm that I understand that I shall reimburse the StashFin Platform and the Lender(s) if StashFin Platform and the Lender(s) transfer any additional or undue amounts under this request due to an error or otherwise.
13. I undertake to repay dues towards the Credit Line as per Financing Documents on the Due Dates.
14. Capitalized terms used here shall have the meaning assigned in StashFin Terms (as defined in Credit Line General Terms and Conditions).