Credit Information Companies Terms & Conditions

I acknowledge and consent to the following terms regarding my application to obtain my Credit Information provided by TransUnion CIBIL Limited & Experian ("Product") by submitting a request form ("Product Request") through Chinmay Finlease Limited:

1. Chinmay Finlease Limited is my officially appointed representative and has agreed to serve various purposes. These may include, among others, receiving the Product from TransUnion CIBIL Limited & Experian on my behalf and using it in accordance with Chinmay Finlease Limited's prescribed usage policy ("End Use Policy") or our agreed-upon terms ("Terms of Understanding"), whichever is relevant. Chinmay Finlease Limited has been authorized to perform the aforementioned functions.

2. I fully authorize Chinmay Finlease Limited to accept the Product on my behalf from TransUnion CIBIL Limited & Experian and to use it following Chinmay Finlease Limited’s End Use Policy or our agreed Terms of Understanding, whichever applies. Chinmay Finlease Limited has also been approved for this purpose. I hereby affirm and declare that:

(a) I have carefully read and understood the terms and conditions of Chinmay Finlease Limited’s End Use Policy; or

(b) Chinmay Finlease Limited and I have agreed upon the Terms of Understanding regarding the usage of the Product.

3. I authorize TransUnion CIBIL Limited & Experian to forward the Product to Chinmay Finlease Limited, acting on my behalf, and grant TransUnion CIBIL Limited & Experian my full permission to do so.

4. I also agree to absolve TransUnion CIBIL Limited & Experian of any responsibility for any loss, claim, liability, or damage that may arise from, relate to, or be in any way associated with:

(a) the delivery of the Product to Chinmay Finlease Limited;

(b) Chinmay Finlease Limited’s use, modification, or disclosure of the Product's contents, in whole or in part, whether authorized or unauthorized;

(d) any instance where Chinmay Finlease Limited’s use of the Product deviates from the prescribed End Use Policy or the agreed Terms of Understanding.

5. I acknowledge that:

(a) TransUnion CIBIL Limited & Experian did not provide any assurances or representations that influenced my decision to submit the Product Request or grant any permissions or authorizations; and

(b) Chinmay Finlease Limited is solely responsible for adhering to the End Use Policy or the agreed Terms of Understanding.

6. I understand that I may be required to provide instructions or register my consent electronically. By selecting the "I Accept" button below, I provide Chinmay Finlease Limited with "written instructions" to access my personal credit profile from TransUnion CIBIL Limited & Experian, which includes my Consumer Credit Information. I also authorize Chinmay Finlease Limited to collect this data to verify my identity and deliver the Product to me. Furthermore, by checking this box and selecting the 'Authorize' button, I confirm that TransUnion CIBIL Limited & Experian have my permission to access my consumer credit information, acknowledge that I have read their privacy policy, and agree to its terms.

7. By completing this registration form, I provide Chinmay Finlease Limited with explicit written consent to seek and retrieve information about me from external sources, including consumer credit reports and scores from consumer reporting agencies whenever necessary, as long as my account remains active. I also grant Chinmay Finlease Limited permission to retain a copy of my data in compliance with its terms of use and privacy policy. Furthermore, I acknowledge that Chinmay Finlease Limited may use and share the retrieved information with relevant parties, as required, to facilitate and support the processing of my loan application, offer relevant financial products, and manage activities related to the loan in accordance with applicable laws and regulations.

8. I understand that the Product is provided "AS-IS" and "AS AVAILABLE," and that TransUnion CIBIL Limited & Experian explicitly disclaim all warranties, including those of non-infringement, merchantability, and fitness for a particular purpose.

9. I agree not to initiate any legal actions or assert any claims or demands against TransUnion CIBIL Limited & Experian, including its officers, directors, employees, licensees, affiliates, successors, and assigns (collectively referred to as the "Releasee"). I hereby unconditionally and entirely release, waive, and forever discharge TransUnion CIBIL Limited & Experian from any liabilities, claims, demands, losses, lawsuits, expenses (including court fees and attorney's fees) ("Losses") of any nature, whether currently known or unforeseen, that I have, currently hold, or may hold in the future against the Releasee in connection with the submission of the Product Request and/or my authorization for TransUnion CIBIL Limited & Experian to disclose information to Chinmay Finlease Limited. Additionally, I agree to indemnify, defend, and hold the Releasee harmless from any Losses arising from claims made by third parties against TransUnion CIBIL Limited & Experian in connection with this agreement.

10. I accept that the laws of India will govern this confirmation letter and that the courts in Ahmedabad will have exclusive jurisdiction over any disputes arising from it. TransUnion CIBIL Limited & Experian may transfer its rights under this agreement to any other party without requiring my written approval.

11. I understand and agree that lenders may use alternative contact numbers from my CIBIL data if they are unable to reach me on my primary contact number. Additionally, they may access my CIBIL data as required by the NBFC in the event of non-repayment.