Terms and Conditions - Education Loan Guru

Please review and understand the following terms of use before using the Education Loan Guru website (https://educationloanguru.com/). By accessing and utilising the website, you agree to be legally bound by these terms.

1. Definitions

The following definitions pertain to the User Terms and apply to the terms used throughout:
  • "Computer/Mobile" Any device utilised for accessing the website.
  • "Intending Borrower"
    i. Refers to an individual who has registered as a "Borrower" on the website and seeks a loan for Abroad education expenses.
    ii. Relates to an organisation in need of financial support, such as a loan or assistance, to cover the expenses of abroad education.
  • "Intending Lender": A organisation that has registered as a "Lender" on the website and expresses interest in connecting with "Intending Borrowers" for potential opportunities.
  • "Applicant/User": Refers to any individual who accesses or uses this website.

2. Our Role

The website functions as a platform where users can interact and share information with the aim of establishing a relationship between lenders and borrowers. We facilitate communication between individuals who intend to borrow and those who intend to lend. It's important to note that we cannot guarantee the successful acquisition of credit by intending borrowers or the expression of interest by intending lenders. Additionally, we cannot guarantee that intending lenders will find intending borrowers creditworthy from their own perspective.

3. Fees

We do not charge any fees to the borrower. Instead, we ensure that the lender pays us a commission based on each approved loan, in accordance with our corporate-level agreements.

4. Legal Advice

Apart from the specific provisions mentioned in these Terms & Conditions, we do not engage in the agreements, contracts, or transactions between users, intending borrowers, or intending lenders. Furthermore, we do not endorse or vouch for the integrity or creditworthiness of any user on this website. We cannot guarantee the honesty or creditworthiness of any user. The responsibility for assessing the integrity, qualifications, and creditworthiness of any individual with whom a user interacts on the website lies solely with that user.

5. Information Disclaimer

Users should not solely rely on the contents of the website when making decisions or choosing to abstain from taking any action.

6. Not a Financial Institution

The website and our organisation are explicitly not:
  • a bank or any banking institution,
  • an investment agency or firm,
  • a lender, borrower, or guarantor,
  • a verification agency,
  • an intermediary,
  • a non-banking financial company (NBFC),
  • a credit information company, or
  • a credit rating company.

7. Licence

  • Limited Licence: Each user is granted a restricted licence to access and utilise the website for personal purposes. This licence does not permit downloading (except for page caching) or modifying the website, either in part or in whole, unless expressly stated otherwise. Users are prohibited from using techniques such as data mining or robots to collect or extract information from the website. The sale, downloading, copying, or distribution of any website content without our explicit written consent is strictly forbidden.
  • Intellectual Property: Users are not authorised to frame or enclose any trademarks, logos, or proprietary materials from the website without prior written authorization. The use of Meta tags or hidden text within the website is also prohibited. Any unauthorised use will result in the termination of the user's licence to access and use the website and its content.
  • Linking to the Website: Users are granted a limited, revocable, and non-exclusive permission to create a hyperlink to the welcome page of the website, provided that the link does not create a false or misleading impression of the website, its business, or the goods and services offered. Prior written approval is required for the use of any logos, exclusive graphics, or trademarks of the website or its business as part of the hyperlink.

8. Right to Amend Terms & Conditions

We reserve the right to modify the website, its rules, these Terms & Conditions, and any applicable fees without prior notice. The terms and conditions in effect at the time of user access to the website will apply. If any provision of these terms is deemed unenforceable, it does not affect the validity and enforceability of the remaining provisions.

9. User Responsibilities

Users bear the responsibility of safeguarding their account credentials, including passwords, and controlling access to their computers. Users are accountable for all actions performed using their usernames or passwords. Ensuring the accuracy and completeness of the information provided on the website is the user's responsibility, and any changes should be promptly notified to us. We retain the right to restrict access, terminate accounts, delete or modify content without prior notice.

10. Website Availability

Reasonable efforts will be made to ensure continuous website availability and seamless communication. However, due to the inherent nature of the Internet, we cannot guarantee uninterrupted access to the website. Temporary suspensions or limitations may be necessary for maintenance, additions, or other unforeseen circumstances. We will make efforts to minimise such interruptions.

11. Calamity

We shall not be held responsible for any delay or failure to fulfil our obligations under these conditions if such delay or failure arises from causes beyond our reasonable control.

12. Waiver

The failure to pursue remedies for any user's breach of these Terms & Conditions does not constitute a waiver of our rights to pursue such remedies.

13. Registration

Registration may be required for certain sections of the website. Users are obligated to provide accurate and complete registration information and to prevent unauthorised use of their registered accounts.

14. Legal Capacity

The use of the website is limited to individuals who are capable of entering into a legally binding contract under the Indian Contract Act, 1872.

15. Indemnity

Users agree to indemnify and hold us harmless from any liability, costs, and expenses incurred in connection with their use of the website or any breach of these Terms of Use. This indemnity includes legal fees and costs.

16. Intellectual Property

All website content, including text, graphics, logos, images, and software, is the property of the Company, its affiliates, or content suppliers, and is protected by applicable laws. Users are prohibited from systematically extracting or reusing website content without proper authorization.

17. Severability

If any provision of these Terms & Conditions is deemed invalid or unenforceable, it does not affect the validity or enforceability of the remaining provisions.

18. Communication

By providing contact details on the website, the user consents to being contacted by us through the specified mode of contact.

19. User Agreements

Any agreements or transactions between users are solely the responsibility of the borrower and the lender. We are not a party to such agreements and do not guarantee the credibility, integrity, or creditworthiness of users. Users are advised to conduct thorough due diligence before entering into any agreements or transactions.

20. Limited Liability and Warranty

The use of the website is at the user's own risk. We disclaim all warranties, whether express or implied, and shall not be held responsible for any damages, including consequential or indirect damages, arising from the use or inability to use the website. The website may contain third-party content, for which we assume no liability. We are not responsible for any damage to the user's computer resulting from the use of the website.

21. Objectionable Content

In the event that a user finds any content on the website objectionable, they should follow the specified procedure to notify us. We will make reasonable efforts to remove such content within a reasonable timeframe if it is deemed objectionable.

22. User Representations

The user represents and warrants that they own or possess all necessary rights to the content posted or provided on the website, and that such content is accurate, lawful, and does not infringe upon any third-party rights. The user agrees to indemnify us and our affiliates against any claims arising from a breach of these warranties.

23. Prohibited Usage

Users must refrain from using the website in a manner that disrupts, damages, or impairs its accessibility. The user agrees to utilise the website solely for legal purposes and abstains from engaging in fraudulent activities, criminal offences, or unlawful behaviour. Posting or transmitting objectionable content, including sexually explicit material, racially or hatefully offensive material, deceptive or misleading content, abusive or harassing material, defamatory or libellous statements, or content that infringes upon third-party rights, is strictly prohibited.

24. User-Generated Content

Users have the ability to post reviews, comments, and other content on the website, subject to certain limitations. We retain the right to remove or edit any content that violates these Terms of Use or to terminate a user's permission to access the website.

25. User Content Rights

By posting content on the website, the user grants us and our affiliates a non-exclusive, royalty-free, irrevocable, and fully sublicensable right to use, reproduce, modify, adapt, publish, translate, create derivative works from, distribute, and display the content worldwide. The user agrees to waive the right to be identified as the author of such content and undertakes any necessary actions to perfect the granted rights.

26. Privacy Policy

The personal information provided by users during their use of the website will be handled in accordance with the Privacy Policy and relevant laws and regulations.

27. Entire Agreement

These Terms & Conditions , along with any related documents, constitute the entire agreement between the parties, superseding all prior agreements and understandings.

28. Applicable Laws and Dispute Resolution

Any disputes or claims arising from or relating to these Terms of Use and the website will be resolved through arbitration in accordance with Indian laws. Legal disputes will also be governed by Indian laws, with exclusive jurisdiction in the courts of New Delhi.