Information Collection, Use, Confidentiality, No-Disclosure and Data Purging.

Optimidea Fintech private limited (hereinafter referred to as “Credit Karo/ we/ our”) acknowledges the concerns of its customers (hereinafter referred to as “customer/ you/ your”) regarding privacy, confidentiality and security of personal information that has been entrusted with Credit Karo. Keeping personal information of customers safe and preventing any misuse is, therefore, a top priority of Credit Karo.

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

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

The Credit Information shared by you, or received by us on your behalf shall be destroyed, purged, erased promptly within 1 (one) Business Day of upon the completion of the transaction/ End Use Purpose for which the Credit Information report was procured.

Governing Law and Jurisdiction

The relationship between you and CREDITKARO shall be governed by laws of India and all claims or disputes arising there from shall be subject to the exclusive jurisdiction of the courts of Mumbai.

Definitions:

Capitalised terms used herein but not defined above shall have the following meanings:

“Business Day” means a day (other than a public holiday) on which banks are open for general business in Mumbai.

“Credit Information Report” means the credit information / scores/ aggregates / variables / inferences or reports which shall be generated by Equifax;

“Credit Score” means the score which shall be mentioned on the Credit Information Report which shall be computed by Equifax.

“CICRA” shall mean the Credit Information Companies (Regulation) Act, 2005 read with the Credit Information Companies Rules, 2006 and the Credit Information Companies Regulations, 2006, and shall include any other rules and regulations prescribed thereunder.

PLEASE READ THE ABOVEMENTIONED TERMS AND CONDITIONS AND CLICK ON “ACCEPT” FOLLOWED BY THE LINK BELOW TO COMPLETE THE AUTHORISATION PROCESS/ FOR SHARING OF YOUR CREDIT INFORMATION BY EXPERIAN WITH OPTIMIDEA IN ITS CAPACITY AS YOUR AUTHORISED REPRESENTATIVE. BY CLICKING “ACCEPT” YOU AGREE AND ACCEPT THE DISCLAIMERS AND TERMS AND CONDITIONS SET OUT HEREIN.