This End User License Agreement (the “Agreement”) constitutes an agreement between you (an individual or a entity, hereinafter referred to as the “End User” or “You/Your”) and OneFiable Technologies Private Limited a private company, having its registered office at 4th Floor, Salapuria Towers – 1, Hosur Road, Koramangala, Bangalore – 560 095 (hereinafter referred as “CrediFiable”) with regards to the licensing of the App (as defined hereinafter) by CrediFiable to the End User by as provided for in this Agreement.

The End User, by the act of downloading, installing or using any part of whole of App assents to and accepts all the terms and conditions incorporated in this Agreement with this Agreement forming legally binding duties and obligations upon the End User or any other entity on behalf of which the App is being used which CrediFiable may enforce at its discretion. In the event that the End User does not wish to be bound by the terms of this Agreement it must desist from using the App in any manner.

The End User understands and agrees that notwithstanding the provisions of this Agreement, CrediFiable is the sole and absolute owner of any and all intellectual property rights associated with the App and that this Agreement bestows a non-transferable, non-exclusive and revocable license in the App to the End User. This Agreement does not sell or assign the App in any manner, with CrediFiable retaining the sole ownership of the App.


1.1. Definitions

1.1.1. “Applicable Law” shall mean all applicable laws, bye-laws, statutes, rules, regulations, orders, ordinances, notifications, codes, guidelines, policies, notices, directions, writs, injunctions, judgments, decrees or other requirements or official directive of any court of competent authority or of any competent governmental authority or person acting under the authority of any court of competent authority or of any competent governmental authority of the Republic of India, whether in effect on the date of this Agreement or thereafter;

1.1.2. “Documentation” shall mean and includes any written materials, files or data provided with the App.

1.1.3. “Intellectual Property Rights” shall be taken to include the following irrespective of whether such right is registered or not under the Applicable Law:

A. All trademarks, service marks, symbols, emblems, logos, trade names and corporate designations, in addition to all extracts, translations, transmutations, adaptations and combinations thereof and including all goodwill associated with the same;
B. All works, copyrights including moral rights and author rights, and all applications, registrations and renewals in connection therewith;
C. All nature of computer code and app in addition to any data or information relating thereto including but not limited to machine code and language, source code, programs and layouts;
D. All inventions, irrespective of whether the concerned invention is patentable or implemented in any manner, and all patents including any patent applications and patent disclosures in addition to any renewals, reissuances and extensions thereof
E. Any other form of proprietary rights irrespective or whether such proprietary right is protected or capable of being protected; and
F. All articles and designs, including features of shape, configuration, pattern, ornament or composition of lines or colours applied to any article whether in two dimensional, three dimensional or both forms, and all copies implements and embodiments thereof irrespective of form and medium.

1.1.4. “License” means the non-exclusive, non-transferable and individual license granted by CrediFiable to the End User for the purpose of using the App subject to the terms and conditions contained in this Agreement.

1.1.5. App means the CrediFiable App of CrediFiable’s mobile software application and/or any supplemental or additional code in the nature of Updates or Upgrades provided by CrediFiable at any point including App Content, Documentation and App Modification.

1.1.6. “App Content” shall mean any information provided with or under this Agreement, including but not limited to CrediFiable App all the app files, data, configurations, and all other information whether in the form of images, clip-art, video, audio, animations and other copyrighted or artistic works bundled with and embedded in the App.

1.1.7. “App Modification” shall mean and include any and all Updates and Upgrades provided to the End User by CrediFiable at any point in time to the extent not provided to the End User under separate terms.

1.1.8. “System” shall mean any device that is capable of hosting and processing the App, including but not limited to, notebooks, netbooks, tablet PCs, phones and other such devices.

1.1.9. “Updates” means and includes any patch, feature pack, security or critical update that is used issued by CrediFiable to the User in relation to the App.

1.1.10. “Upgrades” shall mean any edition or version of the App that replaces an older installed version of the App.

Clause 2. DOWNLOAD

2.1. The End User may download the App on CrediFiable website available at the domain of and


3.1. CrediFiable, in consideration of the End User adhering to the terms and conditions of this Agreement, herein grants to the End User a personal, non-transferable and non-exclusive and limited right to use the App under the terms and conditions specified under this Agreement.


4.1. The End User agrees that it shall not use the App other than as is permitted by this Agreement.

4.2. The End User may download or stream a copy of the App onto a System for the purpose of viewing and utilising the App for personal purposes that are non-commercial in nature.

4.3. The End User agrees that it shall not copy, rent, sell, distribute, sub-license, assign or transfer the App, any of its constituent elements in addition to any rights bestowed upon it through this Agreement, unless expressly permitted under this Agreement or unless such act is undertaken with the express written consent of CrediFiable.

4.4. The End User will not in any manner modify, port, adapt or translate all or any part of the App through the removal, modification or alteration of any Intellectual Property associated with the App.

4.5. The End User will not disassemble, decompile or reverse engineer the App for the purpose of creating any derivative work or product except for purposes and eventualities that are notified by CrediFiable .

4.6. The End User will not infringe any Intellectual Property Rights vesting in CrediFiable or any third party through the usage of the App or any service obtained through the App.

4.7. The End User will not use the App in any manner which has the effect of damaging, disabling, overburdening, impairing or compromising the systems, software and protocols associated with the App or which compromises the security systems instituted by CrediFiable or any other user of the App.

4.8. The End User will not mine, collect or harvest any information or data associated with the App or with any of its underlying systems, protocols and processes or attempt to intercept or decipher any transmission on the servers associated with the App.


5.1. The App is provided on an ‘As Is’ basis without any warranty or representation on part of CrediFiable, whether express or implied, understood to have attached itself to the App. The End User further understands that CrediFiable disclaims any nature of assurance, conditions and warranties with regard to fitness of the App, with the entire risk as to the quality and performance of the App resting with the End User.

5.2. The End User understands that CrediFiable does not warrant that the functionalities contained in the App will meet End User’s requirements or that the operation of the App will be completely uninterrupted or error-free, with CrediFiable not obligated to any extent to provide any Updates or Upgrades to the App.


6.1. By downloading the App, the End User agrees to grant CrediFiable the right to access the App downloaded on the End User’s device, and also agrees to grant access and permission to collect, edit, store and transmit the following data:

(i) Your name (member registration);

(ii) Your E-mail address (member registration);

(iii) Your date of birth (borrower/investor registration);

(iv) Your home address and telephone number (borrower/investor registration);

(v) Information from your mobile number (call logs, sms-logs, contact details, ctc.);

(vi) Your Permanent Account Number (borrower/investor registration);

(vii) Your Bank Account Information-such as account and routing number (borrower/investor).

6.2. The End User further grants CrediFiable the right to access, including but not limited to, reading of text and other messages, including internet based messages, which shall also include reading, copying, re-writing any and all text messages on the End User’s device.

6.3. The End User grants CrediFiable the right and liberty to monitor and use the content of the App at all times, including but not limited to information provided in the End User’s account from the End User’s device, with respect to contacts, location and messages. The monitoring of the App is important to determine the veracity of the information provided by End User, and to help CrediFiable assess the loan applications made by the End User, and to further ensure that the End User remains in consonance with the provisions of this Agreement provided herein.


7.1. The End User agrees that CrediFiable or its authorized representative(s) will have the right to inspect the End User’s records, data and any form of information associated with the App to verify that the End User’s utilisation of the App is in conformity with this Agreement.

7.2. CrediFiable further agrees that it will not share any information provided by the End User in the App to a third party without the consent of the End User, and will further ensure secure methods to transport the data.

7.3. Subject to the terms and conditions mentioned herein, CrediFiable shall also have the liberty to remove any objectionable content that is in contravention of the terms and conditions herein, or share such information with any governmental authority as per procedures laid down by the law for the time being in force in India.

7.4. Further, in the event that the results of the inspection by CrediFiable conduced in pursuance of Clause 7.1 of this Agreement discloses that the End User’s use of the App is in contravention of the terms and conditions specified under this Agreement, CrediFiable may at its discretion choose to terminate this Agreement in accordance with Clause 9 of this Agreement and further revoke the license granted to the End User under this Agreement to view and utilise the App.


8.1. The End User acknowledges that the App may have the effect of, unless expressly blocked by the End User, causing the End User’s System, without any notice, to automatically connect to the internet and/or communicate with CrediFiable web site or servers for purposes relating to the provision of information, features and functionalities relating to the App to the End User.

8.2. The End User agrees that the viewing, download and usage of the App will entail the collection and usage of information and data relating to the End User by CrediFiable and that such collection and usage will be governed by the Terms of Use available at [] and the Privacy Policy available at [].


9.1. The End User agrees that CrediFiable may terminate this Agreement at its sole and absolute discretion upon the breach by the End User of the terms of this Agreement or for any other reason as CrediFiable may deem fit.

9.2. The End User may terminate this Agreement at any point by uninstalling the App from the End User’s System.

9.3. Effects of Termination

9.3.1. Upon the termination of this Agreement by either party to this Agreement under this Clause, the End User must effect the deletion of the App and the purge of all the App Content from the End User’s System with immediate effect; Further upon such termination, all licenses and rights granted to the End User under this Agreement will cease to operate with immediate effect from the instance of termination.


10.1. The End User acknowledges that notwithstanding anything stated under this Agreement, the absolute title and full ownership rights to the App in addition to the Intellectual Property associated with the App is to remain the exclusive property of CrediFiable and that the End User will not acquire any rights relating to the App, except as expressly provided in this Agreement.

10.2. The End User understands that the App is licensed and not sold to the End User and that no title or associated right in respect of the Intellectual Property Rights pertaining to the App is transferred to the End User.


11.1. The End User acknowledges that any breach of this Agreement will result in irreparable damage(s) to CrediFiable and that in the event of such breach, the End User shall be liable to pay damages to CrediFiable, including but not limited to, adequate direct, indirect, consequential, special and punitive damages which may be ascertained to have caused by a direct or indirect act of the End User.

11.2. The End User agrees to indemnify and hold harmless CrediFiable to the fullest extent against all liabilities, losses, damages, claims (including third party claims), fines, fees, penalties, interest, costs and expenses (including attorney fees and court costs) that arise or result from the breach by the End User of this Agreement or form the use of the App by the End User.


12.1. The End User acknowledges that the App has not been developed to meet the specific individual requirements of the End User and thus it is the sole responsibility of the End User to verify if the functionalities associated with the App meet the End User’s requirements.

12.2. The End User agrees that CrediFiable will not be liable for any damages, including without limitation any incidental, direct, indirect or special damages arising out of the use or inability of the End User to use the App or any claim by a third party arising from the usage of the App by the End User.


13.1. This Agreement shall be governed by and interpreted in all respects in accordance with the laws of the Republic of India.

13.2. Subject to the provisions made in Clause 13.3, the Parties hereby submit to the exclusive jurisdiction of the courts of Bengaluru.

13.3. All disputes arising out of or in relation to this Agreement shall be settled amicably by the Parties within 30 [thirty] days from the date of initiation of the dispute. In the event no amicable settlement is arrived at within a period of thirty days from the date of first initiation of the dispute by one Party to other, the Parties shall resolve the dispute by means of arbitration pursuant to the Arbitration and Conciliation Act, 1996:

13.3.1. The arbitration shall be conducted by an arbitral tribunal comprising of 1 (one) arbitrator mutually appointed by the Parties.

13.3.2. The arbitration proceedings shall be conducted in English language only and the venue for arbitration shall be at Bangalore.

13.4. The award of the arbitral tribunal shall be final and binding on the Parties.

Clause 14. AMENDMENT

14.1. The End User agrees and consents that CrediFiable shall possess the right to amend any part(s) of this Agreement and the provisions detailed therein, at any point without having to seek prior permission from the End User or deliver a prior notice of such intended change or amendment to the End User.

14.2. The End User agrees that any amendment to this Agreement in pursuance of Clause 14.1 of this Agreement shall become an operative part of this Agreement and bind the End User with such rights, duties or responsibilities as are provided for through the amendment.


15.1. The End User agrees that CrediFiable may at its own discretion assign, delegate or transfer its responsibilities, rights and obligations under this Agreement without any prior intimation required to be made to the End User.

15.2. The End User will not assign, delegate or transfer in any manner its responsibilities and any other rights or obligations contained in this Agreement to any third party without the express written consent of CrediFiable.


16.1. If any provision or any part of a provision of this Agreement is invalid, unenforceable or prohibited by Applicable Laws, such provision or part of provision if this Agreement shall be severed from this Agreement and shall be considered divisible as to such provision or part thereof and such provision or part thereof shall be inoperative between the Parties hereto and shall not be part of the consideration moving between the Parties hereto and the remainder of this Agreement shall be valid and binding and of like effect as though such provision was not included herein.


17.1. This Agreement in conjunction with the Terms of Use and Privacy Policy contains the entire understanding between the Parties, superseding all prior communications, agreements, and understandings between the Parties with respect to the purpose of this Agreement.

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