Terms and Conditions for Pranam Services
Effective Date: 18/01/2024
Welcome to Pranam Services. By using our services, you agree to comply with and be bound by the following Terms and Conditions. Please read these terms carefully. If you do not agree with these terms, you should not use our services.
1. Introduction
Pranam Services provides a range of services, including but not limited to insurance, credit card, and loan-related advisory and brokerage services (collectively referred to as “Services”). These Terms and Conditions govern your access to and use of our services, and any transactions carried out through our platform.
2. Definitions
- “We”, “Our”, or “Us” refers toย Pranam Services.
- “You” or “Your” refers to the individual or entity using our services.
- “Services” refer to the insurance, credit card, and loan-related services offered by Pranam Services.
- “Products” refers to insurance policies, credit card offers, and loan products provided by third-party financial institutions through our services.
3. Eligibility
You must be at least 18 years of age and capable of entering into a legally binding agreement to use our services. By using our services, you confirm that you meet these eligibility requirements.
4. Services Provided
Pranam Services offers the following:
- Insurance Services: We act as an intermediary to help you find insurance policies that suit your needs. We do not underwrite insurance policies ourselves but partner with insurance companies to offer various products.
- Credit Card Services: We provide information and advisory services regarding various credit card options. We assist in the application process by helping you choose the right credit card for your needs.
- Loan Services: We act as a facilitator between borrowers and lending institutions for personal loans, home loans, auto loans, etc.
5. Service Fees
We may charge a fee for certain services (e.g., advisory services, processing services) that you request from us. The exact fee details will be provided to you prior to the initiation of any paid service. However, many of our services (such as insurance or loan referrals) are typically free to you, as we earn commissions from third-party providers.
6. Third-Party Providers
Pranam Services partners with various financial institutions, insurers, and credit card providers. While we strive to provide accurate information, we are not responsible for the terms, availability, pricing, or policies of third-party providers. Any agreement you enter into with these third parties is governed by their respective terms and conditions.
7. Data Collection and Privacy
To provide you with the best service, we may collect personal and financial information. Your privacy is important to us. We will handle your data in accordance with our Privacy Policy, which can be reviewed at any time on our website. By using our services, you consent to the collection, storage, and processing of your data as outlined in our Privacy Policy.
8. Use of Services
You agree to use our services only for lawful purposes. You will not use our platform or services in any way that violates applicable laws or regulations. Specifically, you agree not to:
- Engage in fraudulent activities or misrepresentation.
- Provide false or misleading information during the application or advisory processes.
- Attempt to reverse-engineer or misuse the services provided.
9. Liability Disclaimer
Pranam Services makes every effort to provide accurate and reliable services. However, we do not guarantee the completeness, accuracy, or timeliness of the information provided. We are not liable for any loss, damage, or inconvenience caused by reliance on information, decisions, or transactions facilitated through our services.
Pranam Services is also not liable for any issues arising from third-party financial institutions, insurers, or credit card companies, including but not limited to delays in processing, denial of services, or any terms they impose.
10. Termination of Services
We reserve the right to terminate or suspend your access to our services at our discretion, especially in cases of fraud, misuse, or violation of these Terms and Conditions. You may also terminate your use of our services at any time by notifying us in writing.
11. Changes to Terms and Conditions
We reserve the right to modify or update these Terms and Conditions at any time. Any changes will be posted on our website, and the updated version will be effective immediately upon publication. It is your responsibility to review these terms periodically to stay informed of any updates.
12. Governing Law
These Terms and Conditions will be governed by and construed in accordance with the laws of Uttar Pradesh, India. Any disputes that arise will be subject to the exclusive jurisdiction of the courts in Uttar Pradesh, India.
13. Dispute Resolution
In the event of a dispute arising out of or relating to these Terms and Conditions or our services, we encourage you to contact us first to attempt to resolve the issue amicably. If the dispute cannot be resolved, you agree to participate in binding arbitration in Uttar Pradesh, India under the rules of following acts.
14. Contact Information
If you have any questions or concerns about these Terms and Conditions or our services, please contact us at:
Pranam Services
By using our services, you acknowledge that you have read, understood, and agreed to be bound by these Terms and Conditions.