Mintifi Private Limited, Times Square, Unit No. 3B, 2nd Floor, Opp. Mittal Industrial Estate, Andheri-Kurla Road, Marol, Andheri East, Mumbai - 400059, India. help@mintifi.com 022 6698 1240
Stay Connected:

Terms & Conditions






OUR WEBSITE “MINTIFI.COM”, OUR MOBILE PHONE APPLICATION(S) AND OTHER RELATED SOFTWARE AND/OR INTERNET BASED APPLICATIONS (COLLECTIVELY REFERRED TO AS “APPLICATION(S)”) ARE OWNED AND OPERATED BY MINTIFI PRIVATE LIMITED, A COMPANY INCORPORATED UNDER THE LAWS OF REPUBLIC OF INDIA AND HAVING ITS REGISTERED OFFICE AT MUMBAI (HEREINAFTER REFERRED TO AS “MINTIFI”). THESE GENERAL TERMS AND CONDITIONS FORMING PART OF DECLARATION (HEREINAFTER REFERRED TO AS THE "TERMS") SHALL CONSTITUTE A VALID AND BINDING LEGAL AGREEMENT BETWEEN MINTIFI AND YOURSELF, THE APPLICANT. YOU ARE REQUESTED TO READ THESE TERMS BEFORE REGISTERING, ACCESSING, BROWSING, DOWNLOADING OR USING ANYTHING FROM THE APPLICATION.

Applicant Declaration (forming part of the Application Form)

[I/We], ("the Applicant(s)"), hereby unconditionally and irrevocably declare and confirm that:

    1. This application for a lending facility ("Facility") is made to a lender, or any person(s) who provides a facility pursuant to this declaration ("Lender", which expression, wherever the context requires shall mean more than 1 (one) Lender) with the assistance of Mintifi Private Limited, which is engaged in providing platform(s) which collect information, data and documents relating to persons from various sources and in analysing, processing, and disseminating such information, data, analysis and/or documents to Lenders to enable such other Lenders to provide various financial and other services ("Mintifi").
    2. Pursuant to [my/our] application for the Facility, [I/we] make this declaration for the benefit and reliance of the Lender and Mintifi.
    3. [I/We] shall submit, sign and execute all such facility agreements and other documents as may be prescribed and/or required by the Lender/Mintifi, in its discretion, in relation to availing such a Facility at any point of time, more specifically governed by the terms of the facility documents executed between [me/us] and the Lender/Mintifi.
    4. [I/We] fully acknowledge that the grant of the Facility is at the sole discretion of Lender/Mintifi and is subject to [my/our] execution of documents deemed necessary by the Lender/Mintifi and [my/our] fulfilment of other closing formalities as required by, and to the satisfaction of, the Lender/Mintifi in this regard. We also acknowledge that the Lender/Mintifi reserves the discretionary right to reject [my/our] application for such a Facility without assigning any reasons whatsoever, and that [I/we] reserve no right to prefer an appeal against or contest such a decision of the Lender/Mintifi. [I/We] further acknowledge that the processing fee given by [me/us] in relation to the application for such a Facility is non-refundable and in case of the rejection of [my/our] application, [I/we] shall not seek a refund of the same.
    5. [I/We] declare that [I am/we are] [citizen(s) of/resident(s) in] India and [I/we] declare, warrant and represent that all the particulars and information and details provided in the application form to avail the Facility and documents given by [me/us] to the Lender and/or Mintifi in connection therewith, are true, correct, accurate and up-to-date in all respects and that [I/we] have not withheld or suppressed any material information from the Lender or Mintifi in this regard. [I/ We] further acknowledge that all the information mentioned by [me/us] in the application for a Facility upon the Lender’s/Mintifi’s request shall form the basis of any loan or facility that the Lender/Mintifi may decide to grant to [me/us]. We understand and acknowledge that the Lender and/or Mintifi reserve the right to retain all applicable information, photographs and other documents submitted by [me/us] (forming part of such application and this declaration) and may not return the same to [me/us].
    6. [I/We] confirm that there are no insolvency proceedings against [me/us] nor have [I/we] ever been adjudicated insolvent by any judicial or other authority under applicable law. [I/We] also undertake to inform the Lender/Mintifi of changes in [my/our] occupation or employment status and to provide any further information that the Lender/Mintifi may in its discretion require. [I/We] shall further inform the Lender/Mintifi on the change in [my/our] resident status, control, capital structure, constitution and management or any material event that may have an effect on any of these (wherever applicable).
    7. [I/We] hereby agree and give [my/our] consent for the disclosure by the Lender and/or Mintifi, waiving specifically [my/our] right of notice, privacy, privity, defamation for such disclosure by the Lender and/or Mintifi, of all or any of the following:

      1. information and data relating to [me/us] as well our directors and group companies or partners (as applicable) or obligations to be assumed by [me/us], our directors and/or our group companies or partners (as applicable) in connection with the Facility to be availed by [me/us] as well as any other information required to provided pursuant to such a Facility and as required by the Lender and/or Mintifi; and
      2. Any default committed by [me/us] and/or non-performance of our obligations prescribed in any facility document or other agreement executed pursuant to the Lender’s/Mintifi’s instruction (as determined by the Lender and Mintifi) in relation to the Facility that will be granted to [me/us] upon the successful processing of [my/our] application by the Lender/Mintifi, and as the Lender/Mintifi may deem appropriate and necessary to disclose and furnish to:

        1. The Reserve Bank of India ("RBI") or the Credit Information Bureau (India) Limited ("CIBIL") and/ or any other agency authorized in this behalf by RBI or any regulatory, supervisory or other authority, court of law, tribunal or person, in India or any other jurisdiction, where such disclosure is required by law, regulation, judgment or order of court or order of any tribunal; or
        2. any actual or potential assignee(s) or novatee(s) or transferee(s) of any rights and obligations of the Lender or other participants in any of its rights and/or obligations under or relating to the Facility for any purposes connected with the proposed assignment or transfer.

    1. [I/We] also acknowledge that the Lender and/or Mintifi shall have the right to seek information pertaining to [me/us] from regulatory authorities and other third parties including, inter-alia, RBI, CIBIL, etc., on a continuing basis for the duration of the availed Facility in accordance with applicable law or for admission/processing under the Facility arrangement.
    2. [I/We] have no objection to furnish documents deemed necessary by the Lender and/or Mintifi required as per 'Know Your Customer' guidelines issued by RBI.
    3. [I/We] further acknowledge and appreciate that this declaration along with the application for a Facility can be routed to multiple Lenders at the discretion of Mintifi.
    4. [I/We] acknowledge and appreciate that the Lender and Mintifi will have the right to seek information related to the business transactions from [my/our] business partners for the purpose of the sanction of Facility and ongoing monitoring in relation thereto.
    5. [I/We] further acknowledge and declare that the funds availed by [me/us] pursuant to the Facility shall be used for the purpose for which such a Facility has been granted and will not be used for any speculative, prohibited, forbidden, illegal, unlawful or anti-social purposes whatsoever.
    6. By signing/ accepting this Letter of Declaration, [I/We] [am/are] deemed to have accepted, read, understood and agreed to be bound by the terms (including amendments thereof) governing the Facility as determined by Mintifi in its sole discretion.
    7. Further, [I/we] have no objection to the Lender and/or Mintifi from sending [me/us] promotional offers of their products or services (including those of the subsidiaries, affiliates or associate companies of the Lender and/or Mintifi).

[I/We] accord the above consent, notwithstanding the grant of Facility, its rejection by the Lender/Mintifi, or the maturity of such Facilities and authorise Lender and/or Mintifi to use the said information.

UIDAI Related Declarations

    1. [I/we] holder of the Aadhaar number stated herein, hereby voluntary give my/our consent to Mintifi /Lender to obtain and use my/our Aadhaar number /Name and Fingerprints/Iris and my/our Aadhaar details to authenticate me/us with unique identification Authority of India (UIDAI) as per Aadhaar Act, 2016 and all other applicable laws ('Aadhaar Details'). [I/we] understand that furnishing of Aadhaar Details is mandatory for the processing of my/our loan and related services.
    2. Mintifi /Lender has informed me/us that my/our Aadhaar details and identity information would only be used for demographic authentication, validation, e-KYC purpose and OTP authentication for availing services from Mintifi /Lender. A record of the search may be retained as per applicable laws for usage by Mintifi /Lender for KYC verification or Aadhaar based authentication or for enforcement /compliance of Indi Mintifi/Lender rights and obligations under applicable laws. [I/we] shall not hold Mintifi [or any of its group/ related entities/ or its their agents/ representatives/ service provider] liable for the use/ sharing of the information and details for any purpose mentioned herein in accordance with applicable laws.
    3. [I/we] hereby give my expressed and unequivocal consent to Mintifi/Lender to retrieve/ procure such data/ details from UIDAI for the purposes of verifying my/our data/details/identity. I hereby further authorize Mintifi/Lender, its group entities and its service providers to do so and Mintifi/Lender and/or the service provider may check the details that [I/we] have supplied against any particulars to UIDAI.
    4. [I/we] hereby state that [I/we] have no objection in authenticating my/our details with Aadhaar based authentication system and hereby consent to and authorize Mintifi/Lender to retrieve my/our personal details from UIDAI for Aadhaar based authentication for the purpose of generation of E-sign, for registration of e-mandate and for validating my consent to the terms and conditions of the definitive agreements for the services of Mintifi/Lender.
    5. Mintifi/Lender has also informed that my/our biometric details will not be stored /shared and will be submitted to Central Identities Data Repository (CIDR) only for the purpose of authentication.
    6. [I/we] also authorize Mintifi/Lender to link and authenticate my/our Aadhaar no to all its services of Mintifi/Lender as may be offered in the future in addition to those mentioned herein.
    7. [I/we] declare that the details submitted by me/us in the Aadhaar letter are accurate, current and complete. [I/we] will not hold Mintifi/ Lender and any of its officials responsible in case of any incorrect information provided by me/us.
    8. [I/we] understand that Mintifi/Lender and the service providers shall ensure security, protection, confidentiality and access of my/our personal data provided for the purpose of Aadhaar based authentication / KYC verification and other services as mentioned above in accordance with applicable laws.
    9. [I/we] agree that the information shared under this declaration shall be retained/ stored/ transmitted/ furnished by Mintifi as per applicable laws.
    10. By clicking on “I accept” next to this Letter of Declaration, [I/We] [am/are] deemed to have accepted, read, understood and agreed to be bound by the terms (including amendments thereof) governing the Facility as determined by the Lender in its sole discretion.

In this regard, [I/we] represent and warrant that the declarations made above by [me/us] have been made in [my/our] true and lawful capacity and further recognize that the Lender and/or Mintifi will rely on the correctness and accuracy of the declarations made by [me/us] in this declaration. [I/We] acknowledge that any inaccuracies or falsehoods in the declarations made by [me/us] and/or information provided by [me/us] shall give an unconditional right to the Lender/Mintifi, at any point in time, to cancel the Facility and exercise all rights available to such Lender/Mintifi against [me/us] under applicable law.