This Terms and Conditions and any amendments to the same as would be applicable from time to time, ("Terms and Conditions") constitutes a legally binding financial services end-user license agreement ("Agreement") between Peerfintech Solutions Private Limited, herein referred to as PeerFintech / LendTree, incorporated in India, having its registered office at "F-11, Basement, Green Park Extension, South Delhi, New Delhi – 110016" and you, i.e., the visitor ("Visitor") and/or the user ("User") (as defined hereinbelow) for using LendTree’s services and sharing certain data through its website www.LendTree.in and its related sub-domains, sites, services and tools ("Website") or its Mobile App. LendTree operates as a web/App-based marketplace to bring together investors who intend to lend money ("Investors") and individual borrowers who intend to borrow money ("Borrowers") in India. LendTree merely facilitates a transaction of borrowing and lending between such parties by providing an online platform. LendTree neither lends nor borrows through the Website/App and adheres to all applicable laws including all rules, regulations and guidelines of the Reserve Bank of India ("Applicable Laws").
1. If you do not agree with any of these Terms and Conditions, you must not access the Website/App. If you access the Website/App or use the LendTree services, the Terms and Conditions shall be deemed to be legally binding agreement between you and LendTree.
2. The Terms and Conditions herein shall apply equally to both the singular and plural form of the terms defined. Whenever the context may require, any pronoun shall include the corresponding masculine and feminine. Unless the context otherwise requires, the terms “herein”, “hereof”, “hereto, “hereunder” and words of similar import refer to this Terms and Conditions as a whole.
3. By using the Website/App and/or submitting your information including any personal information on the Website/App, you expressly consent to the transfer of such data to LendTree, and to the processing of such data on the server of LendTree, where your data will be governed by Applicable Laws.
4. Peerfintech Solutions Private Limited reserves the right to make any changes to the Terms and Conditions without any prior notice to you. Any changes to the Terms and Conditions shall be communicated through posting of updated Terms & conditions on the Website/App, and will only be effective when posted as such. The Website/App may also send emails to the registered user intimating such change. By accessing this website / app, you agree to review the Terms and Conditions regularly to understand any changes.
LendTree service is available only to residents of India above the age of 18 (Eighteen) years of age. LendTree does not intend to offer the Services to persons or entities outside India where such Services would be in contravention with applicable laws and regulations.
You agree and confirm that you, at your own risk and violation submit copy of your Aadhar Card /Aadhar No. as is issued by the Gov. of India to LendTree along with your KYC documents for the purpose of registration. You further agree, confirm and consent to use your Aadhar details for the purpose of authentication with UIDAI. The Aadhar card details must be true, correct and complete. You acknowledge and agree that LendTree shall be entitled to run indemnity KYC as per the KYC norms and its policy.
9. LendTree warrants that it does not:
10. The User shall at all times be impliedly agree to any revised Terms and Conditions and Privacy Policy expressed herein. If the Terms and Conditions conflict with any other document or contract, then the Terms and Conditions shall prevail over such document or contract for the purposes of usage of the Website/App.
11. Users shall only click on the "check box" and on the "Submit / Agree" button, if they agree to be bound by this Terms and Conditions and the Privacy Policy. Once a User agrees to accept these Terms and Conditions, the User is solely responsible for ensuring compliance with the Terms and Conditions at all times
12. 12. The headings and subheadings herein are used for convenience only and are not intended to describe, interpret, define or limit the scope, extent or intent of this Terms and Conditions.
13. In order to fully access the Website/App, Users are required to create an account ("Account") with LendTree.
The User, must meet the following criteria, to register, as an Investor:
B. In order to register as a Borrower, the individual has to meet the following criteria:
C. LendTree, in its sole discretion, reserves the right to refuse registration of, or cancel or restrict the usage of the Website/App for any User.
D. LendTree, in its sole
discretion, reserves the right to refuse registration of, or cancel or restrict the usage of the Website/App for any User.
E. For an Investor to open an Account, the Investor shall upload copies of documents
required by
LendTree for the purpose of opening investor ("Investor Account"). After opening the Investor Account and obtaining an approval from LendTree, the Investor can then make offers
or accept requests.
F. After LendTree verifies the Investor details, LendTree may display the Investor details on the Website/App. The Investor details may include the following details:
G. The Borrower shall open a borrower account to start availing Loans. The Borrower shall upload such documents as may be required by LendTree for the purpose of opening the borrower account ("Borrower Account"). After opening the Borrower Account, the Borrower shall:
H. Users are solely responsible for any activity that occurs on their Account and for maintaining the confidentiality of their Account. Users are prohibited from:
Subject to the Terms and Conditions, LendTree hereby grants to the Visitor/User, a limited, revocable, non-exclusive, non-transferable and non-assignable worldwide royalty-free rights and license (each a "License") to:
Visitor may browse the Website/App and view some content without registering, but as a condition to using certain aspects of the Website/App, you are required to register with LendTree, by creating an account either as a lender or borrower by accepting this User’s terms and other relevant Terms.
Subject to the Terms and Conditions, LendTree hereby grants to the Visitor/User, a limited, revocable, non-exclusive, non-transferable and non-assignable worldwide royalty-free rights and license (each a "License") to:
If you are no longer interested in receiving e-mail announcements and other marketing information from us, you can opt-out anytime by sending an e-mail about your request to support@LendTree.in
In case Existing Lender /Borrower wish to get deleted his/her/its account with LendTree.in, it may be made specific request and the account shall be deleted only after satisfying the conditions, as may be determined by LendTreefunding.com, including the criteria for the Borrower that no amount is due or outstanding qua Lender or the LendTree.in. LendTree.in, at its sole discretion, can preserve the Borrower’s information for such longer period, as it may be desire.
LendTree does not endorse any advertiser on its Website/App in any manner, and you are requested to verify any accuracy of any information of any third party on their own before relying on any such information
LendTree shall not be liable for any direct, indirect, punitive, incidental, special, consequential damages or any other damages resulting from:
LendTree and you hereby agree to keep any data (“Confidential Information”) confidential and shall not disclose such data without the consent of the other party except pursuant to an order of any court or government authority, in performance of this Agreement by LendTree, or when the parties independently obtain such data from a third party
Without prejudice to the other remedies available to LendTree under the Terms and Conditions or under Applicable Law, LendTree may limit the User’s activity, warn other Users, immediately temporarily/indefinitely suspend or terminate the User's registration, and/or refuse to provide the User with access to the Website/App if:
LendTree has the right to terminate access to any or all services on the Website/App subject to Applicable Law. Upon termination of this Terms and Conditions, the User’s right to use the Website/App and software shall immediately cease. Once the User’s registration or the services are terminated, cancelled or suspended, any data that the User has stored on the Website/App may not be retrieved later. Any fee paid hereunder is non-refundable. Users can contact LendTree for further details on the same.
Except for the Content submitted by the Users, any material, content or logos, marks, software on or part of the Service and all aspects thereof, including all copyrights and other intellectual property or proprietary rights therein, is owned by LendTree or its licensors. You are prohibited to modify, reproduce, distribute, create derivative works of, publicly display or in any way exploit, any of the content, software, marks, logos, and/or materials available on the Website/App in whole or in part except as expressly allowed under the Terms of Use. You have no other express or implied rights to use, in any manner whatsoever, the content, software, marks, logos, and/or materials available on the Website/App.
Investor may authorise LendTree to perform certain function on behalf of Investor e.g. collection, follow-ups, maintenance of accounts, representing Investor in court of law etc. to which Borrower agrees.
LendTree is not liable for failure to perform any of its obligations if such failure is as a result of Force Majeure Situation e.g. Acts of God (including fire, flood, earthquake, storm, hurricane or other natural disaster), war, invasion, act of foreign enemies, hostilities (regardless of whether war is declared), civil war, rebellion, revolution, insurrection, military or usurped power or confiscation, terrorist activities, nationalisation, government sanction, blockage, embargo, labor dispute, strike, lockout, robbery, theft of data or any interruption or any failure of electricity or server, system, computer, internet or telephone service.
Terms and Conditions shall be governed by and constructed in accordance with the laws of India and the courts in New Delhi shall have exclusive jurisdiction. In case of any dispute with you, LendTree has the option to approach the courts.
If any dispute arises between you and LendTree during your use of LendTree’s Services or thereafter, in connection with the validity, interpretation, implementation or alleged breach of any provision of this Agreement, the dispute shall be referred to a sole Arbitrator who shall be nominated by LendTree. The place of arbitration shall be Mumbai. The Arbitration & Conciliation Act, 1996 (or any statutory modification or replacement thereof), shall govern the arbitration proceedings. The arbitration proceedings shall be in the English language. You agree to the summary procedure as per the provisions of Section 29B of the Act. You are solely responsible for your interactions with any User (even to the extent prohibited hereby) or any Borrower and any disputes that may result from such interactions. LendTree reserves the right, but has no obligation, to monitor disputes between you and such persons.
If you have any grievance under this Terms and Conditions, you may contact the grievance officer appointed pursuant to the RBI guidelines:
Name: Veena Mangla
Email Id: Veena.Mangla@LendTree.in
Your grievances shall be redressed as per the Grievance Redressal Mechanism Policy, which you can access on following link Redressal Policy
If you wish to contact us in writing or you have any question related to the User Agreement or Privacy Policy, you can contact by e-mail at support@LendTree.in or to such e-mail address that may be communicated to you from time to time. LendTree will confirm receipt of this by contacting you by e-mail. LendTree reserves the right to contact you by e-mail, or SMS to the mobile phone number or email address provided by you.
You hereby confirm and record that the content of this Terms and Conditions have been read out and explained to your satisfaction. You agree to abide by the same at all times.