Piramal <> Juspay : Terms & Conditions

At Piramal Capital & Housing Finance Limited (Formerly Known as Dewan Housing Finance Corporation Limited) ("PCHFL"), we respect your privacy. By providing your personal data on this Website/Mobile Application, you agree to PCHFL, and / or its affiliates and / or assigns that use of this information for its business purposes including but not limited to credit evaluation, due diligence, legal / regulatory obligations and risk management procedures. Any and all information collected will be processed in a fair and secure manner. We shall use reasonable technical and organizational measures to ensure the security and confidentiality of Personal Data. For more information you may visit our 'Privacy Policy', 'Website Usage Policy' and Disclaimer on our website www.piramalfinance.com.

I/We hereby apply for a personal loan at Piramal Capital & Housing Finance Limited (Formerly Known as Dewan Housing Finance Corporation Limited) ("PCHFL") through its website/mobile application (PCHFL Technology Platform/Platform).

I/We have carefully read and fully understood and accepted the terms & conditions pertaining to PCHFL's Privacy Policy, Website Usage Policy and Disclaimer as mentioned on its Technology Platform and agree that these terms and conditions may be amended or modified by PCHFL at any time and I/we will be bound by the amended terms & conditions that are in force.

I/We hereby declare and confirm:

  1. That all the particulars, information and other documents submitted by me/us on PCHFL Technology Platform are true, correct, complete and updated in all respects & no material and relevant information has been withheld / concealed.

  2. That if any discrepancy is found or observed in the information given by me/us on PCHFL Technology Platform and the documents shared there, PCHFL shall have the sole discretion to cancel the sanction at any stage and recall the loan if already disbursed.

  3. I/We undertake to inform PCHFL regarding any change in respect to my/our information submitted including change in address, income and telephone numbers etc.

  4. I/We agree that PCHFL shall be entitled to presume that any communication received by PCHFL through Email ID / Mobile Number provided by me/us on PCHFL Technology Platform has been actually given by me/us and is genuine, valid & binding on me/us. PCHFL shall at no point of time be held liable & responsible to ensure or ascertain the validity of the said communication received through the said Email ID / Mobile Number.

  5. That there has never been an award or an adverse judgement or decree in a court case involving breach of contract, tax malfeasance or other serious misconduct which shall adversely affect my/our ability to repay the loan; neither any criminal proceedings have been initiated and/or pending against me/us in any courts of India. I have never been a defaulter with PCHFL or any other financial institution.

  6. PCHFL shall be under no obligation to refund the registration / upfront / processing / any other fee along with applicable taxes in any event.

  7. I/We have not made any payment (and will not pay) either through cheque/cash or otherwise to any Executive/DSA or person in his/her personal name for grant/processing of the loan.

  8. I/We authorize PCHFL or its agent to obtain my/our credit report from credit bureau agencies as recommended by NHB / Regulatory Authorities, Government of India, third party entities; to share information at periodical basis to credit bureaus, to make references, enquiries and obtaining information of this application which PCHFL considers necessary.

  9. I/We shall indemnify PCHFL against any loss or damage (which PCHFL may suffer) as a result of any action / claim raised by such institutions or any third party for making reference, conducting investigations and / or making disclosures in terms of the preceding clause;

  10. PCHFL may use external agencies to conduct credit & risk due diligence as well as document and field investigations and can share my personal data for the same.

  11. I/We confirm that I shall use the loan facility (or any part thereof) only for the purpose as mentioned in the Loan Terms & Conditions and not for any improper/ illegal, speculative or anti-social or unlawful purpose /activities/

  12. That PCHFL shall have the absolute discretion, without assigning any reasons (unless required by applicable law) to reject my/our loan application and PCHFL shall not be responsible in any manner whatsoever to me/us for such rejection or any delay in notifying me/us of such rejection and any costs, losses, damages or expenses, or other consequences, caused by reasons of such rejection, or any delay in notifying me/us of such rejection, of our application;

  13. That I am/we are above 18 years old & competent to give present declaration & undertaking, submit the documents/details in digital mode for the purpose of availing the loan, and for all the purposes mentioned / required to be done for this;

  14. I/We hereby consent to receiving information from Central KYC Registry through SMS / e-mail on my/ our mobile number / email address as mentioned on this Platform.

  15. I/we hereby consent and submit voluntarily at my/our own discretion and without coercion, the physical copy of Aadhaar card /e-Aadhaar / offline Aadhaar xml as issued by UIDAI (Aadhaar), with PCHFL and/or any Third Party to i) establish my identity / address proof for the purpose of processing my/our loan application, ii) enabling me/us to eSign the loan agreement and eSign the Mandate and authenticate my identity through the Aadhaar Authentication system (Aadhaar based e-KYC services of UIDAI) in accordance with the provisions of the Aadhaar (Targeted Delivery of Financial and other Subsidies, Benefits and Services) Act, 2016 and the allied rules and regulations notified thereunder (Purpose). I/Our hereby explicitly authorise PCHFL and any other third party appointed by PCHFL (Third Party) to fetch and verify my information regarding Aadhaar Number, Aadhaar XML, Virtual ID, e-Aadhaar, Masked Aadhaar, Aadhaar details, demographic information, identity information, Aadhaar registered mobile number, face authentication details and/or biometric information ("Aadhaar Information") from UIDAI for the Purpose as mentioned above. I/We agree to take all the necessary actions required for the purpose of authenticating and verifying my/our Aadhaar Information.

  16. I/We understand and agree that the consent and purpose of collecting Aadhaar has been explained to me/us in local language. PCHFL has informed me/us that my Aadhaar submitted herewith shall not be used for any purpose other than mentioned above, or as per requirements of law and is not stored by the Third Party. I/We give a valid, binding, irrevocable and explicit authorisation and consent as maybe required under applicable laws, rules, regulations and guidelines for availing the Aadhaar API services of PCHFL and/or Third Party including, but not limited to the transmission and storage of my Aadhaar Information by PCHFL and/or Third Party.

  17. PCHFL has taken required efforts to ensure that the information and/or statement and/or certificate provided on its Platform is reasonably accurate, further I/we also acknowledge that PCHFL does not warrant the accuracy, completeness, suitability, correctness, adequacy and validity of such information and/or statement and/or certificate/services provided therein whatsoever for any purpose.

  18. PCHFL disclaims all responsibility for i) any loss, injury, liability or damage of any kind resulting from and arising out of, my/our use of the Platform ii) for loss of use, data or profits, arising out of or in any way connected with the use of the PCHFL's Technology Platform iii) for the delay or inability to use the Platform iv) or failure to provide services, v) for any information, date, statement, certificate, software, and any other services obtained through the Platform or otherwise arising out of the use of the Platform.

  19. It will be my/our sole responsibility to ensure that the username and password to use the Platform are kept confidential and not disclosed to any third party, including any representative of the PCHFL, or its agents and, shall take all possible care to prevent discovery of the username/us or password by any person;

  20. PCHFL reserves the right to suspend these services of the Platform if in PCHFL's opinion security of the Platform or of the data could be compromised. PCHFL may also suspend services on the of the Platform for any customer at its sole discretion without assigning any reason whatsoever. In such event user shall contact PCHFL offices for any clarification.

  21. I hereby give my consent to receive WhatsApp updates & communication from PCHFL on the mobile number provided by me on the Platform.

  22. My contact details may be used by PCHFL for sharing promotional information about other products / services that Piramal Group, affiliates, business partners and related companies may be offering:

By checking the box herein I electronically sign this Application Form and agree to be legally bound by its terms. By acceptance of this Application Form shall constitute my agreement to irrevocably accept and to be unconditionally bound by all the terms and conditions set out herein and my acknowledgement and confirmation that this Application Form has been duly read and fully understood by me/us.