ADDITIONAL USER’S TERMS FOR REFERRAL PROGRAM

ADDITIONAL USER’S TERMS FOR  REFERRAL PROGRAM

These terms are in addition to the User’s Terms and Conditions, Privacy Policy and other documents/details displayed on the website and not in derogation of the same.

BY FOLLOWING THE ONLINE ACCEPTANCE PROCESS PROVIDED BY i2ifunding.com, YOU AGREE TO BE LEGALLY BOUND BY THESE TERMS.  IF YOU ARE REPRESENTING AN INCOROPRATED ENTITY AND COMPANY, YOU UNDERTAKE THAT YOU ARE DULY AUTHORISED BY SUCH ENTITY AND COMPANY AND THIS AGREMEENT SHALL BE BINDING ON SUCH ENTITY OR COMPANY. YOU ARE REQUESTED TO GO BY THESE TERMS & CONDITIONS, USER’S TERMS & CONDITIONS, AND PRIVACY POLICY CAREFULLY BEFORE FOLLOWING THE ACCEPTENCE PROCESS. IF YOU DON’T AGREE TO THESE YOU MAY NOT ACCEPT THE SAME.

This Referral Incentive Program offer is applicable to all existing Investors & Borrowers of i2ifunding.com or any person or entity who are willing to be a part of this Referral Incentive Program, capable of contracting can join this program (the “Referrer”). Any person or entity (the “Referee”) who are willing to avail the services of the Portal can be referred. The Referrer can join this program by registering and providing desired information.

This Program shall be governed as per the followings:

  1. Incentive when Referee is Investor – As mentioned on the website
  2. Incentive when Referee is Borrower – As mentioned on the website
  3. All referral will be valid for a period of 3 years from the time and date of referral. The Referee needs to register within a period of the aforesaid days.
  4. This offer is extended to Referrer only upon Referee availing loan or lending under a binding written contract.
  5. If Referee is an existing Borrower, it/he should be an approved Borrower with at least one active loan or have been/had successfully repaid the loan.
  6. The Referee should not be spouse, blood relative (Father, mother, unmarried sister, unmarried brother), or any entity owned or controlled by the Referrer. Further Referee must invest out of his own earnings. Referrer must not route his own money through the Referee.
  7. Referral incentive shall be calculated on quarterly basis and will be paid in the following month. Referral incentive shall be calculated on the cumulative amount invested by the referred Investor(s) or availed by the Borrower(s), in that quarter.
  8. The payment shall be made through NEFT in the designated account of the Referrer.
  9. Portal reserves the right to, without liability or prejudice to any of its other rights, at any time, without previous notice and from time to time, withdraw/suspend/amend/cancel this Offer, with or without any reason.
  10. Granting loan to the Borrower shall be at the sole discretion of Portal.
  11. The Offer cannot be transferred or assigned to any other person.
  12. It will be Referrer duty to obtain due consent from Referees to refer their contact details to Portal, and that Portal may contact them to offer its range of services. Referrers shall be responsible to Portal, for any losses or claims that may be occasioned upon Portal, in the event that this Referrer did not obtain due consent.
  13. Nothing mentioned herein amounts to a commitment or representation from Portal to conduct further such offers in future.
  14. All Investor or Borrower must agree to the Terms and Conditions at the time they register. The terms & conditions of this Offer shall be in addition, and not in substitution / derogation to, Terms and conditions as is or may be applicable. By registering themselves, the Investor or Borrower shall be deemed to have agreed to be bound by the terms and conditions of use of registration.
  15. Referring Investor or Borrowers must be resident in India.
  16. Referrer agree not to hold Portal/Company, its group entities, or affiliates, their respective directors, officers, employees, agents, vendors, responsible for or liable for, any actions, claims, demands, losses, damages, costs, charges and expenses which it/he, Investor or Borrower claims to have suffered, sustained or incurred, or claims to suffer, sustain or incur, by way of and /or on account of this offer.
  17. If the referral and/or anything to be done by Portal in this respect is prevented or delayed by causes, circumstances or events beyond the control of Portal or any other entity, then Portal and/or the other entity/ies shall not be liable for the same to the extent so prevented or delayed, and will not be liable for any consequential damages.
  18. Portal/Company shall not be liable to any direct, indirect, consequential, or for loss of profit, benefit or business and that Portal’s liability will limited to the Referrer’s incentive subject to the fulfilment of these conditions.
  19. The Terms & Conditions shall be governed by the Laws of India.
  20. Any dispute arising out of this Offer shall be subject to the exclusive jurisdiction of competent courts at Delhi.
  21. Any dispute arising out of this Agreement shall be referred to the sole arbitrator appointed by the Portal/Company. The provisions of Arbitration & Conciliation Act, 1996 or any statutory modification or enacted thereof shall govern arbitration proceeding. The place of arbitration shall be at Delhi and language used English.
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