Olly’s (“Our”, “Us”, “We”, “Website”, “Site”) Website and mobile application (https://play.google.com/store/apps/details?id=com.ollycredit&hl=en) come as a medium for providing micro limit cards to users. (“Services”).
Users as may be approved by Olly shall have the right to use the Service provided by Olly via its Website and/or Application.
Users who are competent to contract under the Indian Contract Act, 1872, are eligible to register themselves as members on the Website or Application and can avail Our Services. Persons who are competent to contract would mean and include every person who, (i) has completed 18 years of age (as per The Indian Majority Act, 1875); (ii) is of sound mind; and (iii) not disqualified from contracting by any law for the time being in force in India.
In addition to the aforementioned conditions, User shall also have a valid Permanent Account Number (“PAN”) and a valid Aadhar card, to be eligible to avail the Services of Olly on the Website or Application.
You would be required to sign up on the Website or Application by providing certain personal details such as name, e-mail address and telephone number. You agree to provide true, accurate, current and complete information about yourself as prompted by the registration form. If You provide information that is untrue, inaccurate, not current or incomplete, or We have reasonable grounds to suspect that You have provided such information, then Olly may (in addition to any other rights or remedies available to us) refuse registration, suspend access to all current or future use of the Website or Application and the Services (or any portion thereof) permanently.
Users agree to use the Services only for purposes that are permitted by a) the User Terms and b) any applicable laws as amended from time to time for the time being in force. By using the Website and/or Application You agree not to:
You are solely responsible for any breach of your obligations under this agreement (including financial obligations) and for the consequences (including any loss or damage which Olly may suffer) of any such breach.
The User shall be entitled to credit limit which shall not be lower than Rs. [____] and which shall not exceed Rs. [___] (“Credit Limit”) when the User signs up on the Website and/or Application. The User shall further be entitled to an increase in the Credit Limit by a sum of Rs. 500 (Rupees Five Hundred), following the verification of the PAN of the User on the Website and/or Application. The User shall further be entitled to an increase in the Credit Limit by a sum of Rs. 1,000 (Rupees One Thousand), following the verification by the User of his or her debit card. The User shall further be entitled to an increase in the Credit Limit by a sum of Rs. 3,500 (Rupees Three Thousand and Five Hundred), following the fulfilment by the User of his or her know your customer (“KYC”) obligations. The User may fulfil his or her KYC obligation by carrying out an e-KYC via the Website and/or Application, or by scheduling an appointment for a visit by a representative of Olly to fulfil the KYC obligations in person. The User shall further be entitled to an increase in the Credit Limit by a sum of Rs. 2,500 (Rs. Two thousand and five hundred) by making 2 (two) repayments with respect to the credit availed via the Website and/or Application. Further provided that Olly may, in its sole discretion, increase the Credit Limit of the User or decrease the Credit Limit of the User or forfeit any such increase in the Credit Limit of the User.
You, the User, acknowledge and accept that all payments, with respect to the credit obtained by the User via the Website and/or Application, shall only be made by means of a valid debit card. The invoice for the credit obtained by the User by means of the Website and/or Application, shall be conveyed to You on Your e-mail address, via SMS on Your mobile number, as have been provided to Olly by You, and via the Olly Website and/or Application on the last day of every month. You shall be liable to make the payment by the 10th (tenth) day of every month (“Payment Date”) The invoice sent by Olly to You shall display the total credit obtained by You via the Website and/or Application (“Total Credit”). With respect to the total credit obtained by You via the Website and/or Application, the invoice shall also display the total payment due to settle the Total Credit (“Total Payment Due”) andthe minimum payment due to be paid by You with respect to the Total Credit availed by You via the Website and/or Application to continue Your use of the Services (“Minimum Payment Due”). In the event of Your failure to make payment of the Total Payment Due before the expiry of the Payment Date, Olly shall charge an interest of three percent (3%) on the remaining amount of credit. In the event of Your failure to make payment of the Minimum Payment Due before the expiry of the Payment Date, Olly shall temporarily suspend Your use of its sServices In subsequence to the temporary suspension of Your Services by Olly, You shall be liable to make payment of an amount of money or such additional sums of money, that shall be equal to the Minimum Payment Due within a period of seven (7) days following the expiry of the Payment Date (“Extended Payment Date”). In the event of your failure to make payment of such amount of money or such additional sums of money, that shall be equal to the Minimum Payment Due before the expiry of the Extended Payment Date, Olly shall permanently suspend Your use of its Services. In the event of Your failure to make payment as has been provided for in the aforementioned paragraph, Olly shall declare You as a defaulter and Olly shall further be entitled to share all the information, as has been provided by You to Olly, and all the information obtained by Olly during Your use of its Website and/or Application with ___ and other financial institutions including but not limited to banks and other credit providing entities.
All transactions Olly's platform are final with no refund or exchange permitted. You are responsible for the merchants for which you do the purchase and all charges that result from those purchases.
All Content on the Website and Application is either owned or licensed to Us, and is subject to copyright, trade mark rights, and other intellectual property rights of the Website and Application.
This Site and Application may contain message/bulletin boards, chat rooms, or other message or communication facilities (collectively, “Posts or “Forums”), You agree to use the Forums only to send and receive messages and material that are proper and related to the particular Forum. By way of example, and not as a limitation, You agree that when using a Posts or Forum, You shall not do any of the following:
Defame, abuse, harass, stalk, threaten or otherwise violate the legal rights (such as rights of privacy and publicity) of others. Publish, post, distribute or disseminate any defamatory, infringing, obscene, indecent or unlawful material or information. Upload files that contain software or other material protected by intellectual property laws (or by rights of privacy of publicity) unless you own or control the rights thereto or have received all necessary consents. Upload files that contain viruses, corrupted files, or any other similar software or programs that may damage the operation of another's computer. Conduct or forward surveys, contests, or chain letters. Download any file posted by another user of a Forum that you know, or reasonably should know, cannot be legally distributed in such manner. All Forums are public and not private communications. Chats, postings, conferences, and other communications by other users are not endorsed by Olly, and such communications shall not be considered reviewed, screened, or approved by Olly. Olly reserves the right for any reason to remove without notice any contents of the Forums received from users, including without limitation message board postings.
In no event shall the Site and/or Application be held responsible for any Posts nor does Olly, Site or Application represent or endorse the accuracy or reliability of any advice, opinion, statement, suggestion or other information on the Posts nor shall Olly be liable for any loss or damages resulting from their use and/or appearance on the Site.
By providing a Post to the Site and/or Application, you undertake, represent and warrant to Olly that you have all necessary rights in and to that Post and all information it contains and that no such Post shall infringe any rights, of third parties, including without limitation, intellectual property rights or other rights of any third parties or be otherwise defamatory, slanderous or hurtful to any particular person or group of people.
By submitting any Post, you grant Olly and its associate companies, a perpetual, worldwide, royalty-free, irrevocable, non-exclusive licence to use, and authorise others to use the Post in whole or in part, in any and all media, now known or hereafter developed, alone, or together or as part of any other type of material of any kind or nature.
Olly, Site and/or Application will have the right to monitor, remove, suspend, destroy, use and change any Post and/or content that is available on or via any chat area or our Site or Application generally, in any manner that Olly may determine, in its sole discretion, at any time. Although Olly endeavours to periodically monitor the content posted on this Site and Application, the Site and/or Application will not be responsible for the views or opinions expressed by third parties on the Site.
You agree that you will not use any Post and/or any part or all of our Site and/or Application to:
You further agree that you may use the Site and Application for non-commercial purposes only. You may not submit Posts intended to promote and/or generate revenue for yourself and/or any third party business activity.
In order to be able view and use Content on the Service, You will need to use a personal computer, smartphone, or other device that meets the system and compatibility requirements that We establish from time to time and is otherwise capable of interacting with the Service (each such device, a "Compatible Device"). We may change the requirements for Compatible Devices from time to time and, in some cases, whether a device is (or remains) a Compatible Device may depend on software or systems provided or maintained by the device manufacturer or other third parties. As a result, devices that are Compatible Devices at one time may cease to be Compatible Devices in the future.
This Application is available to handheld mobile devices running Apple iOS and Android OS Operating Systems. We will use reasonable efforts to make the Application available at all times. However, You acknowledge the Application is provided over the internet and mobile networks and so the quality and availability of the Application may be affected by factors outside Olly’s reasonable control.
Olly does not accept any responsibility whatsoever for unavailability of the Application, or any difficulty or inability to download or access Content or any other communication system failure which may result in the Application being unavailable. Olly will not be responsible for any support or maintenance for the Application.
In order to use the Application, you are required to have a compatible mobile telephone or handheld device, internet access, and the necessary minimum specifications ('Software Requirements'). The Software Requirements are as follows: Apple iOS devices running iOS 4 or iOS 5, and Android OS devices running Android OS 2.3 onwards; Language: English. The version of the Application software may be upgraded from time to time to add support for new functions and services.
The User expressly undertakes to provide to Olly only correct and valid information while requesting for any services under this agreement, and not to make any misrepresentation of facts at all. Any default on part of the User would vitiate this agreement and shall disentitle the User from availing the services from Us.
In case Olly discovers or has reasons to believe at any time during or after receiving a request for services from the User that the request for services is either unauthorized or the information provided by the User or any of them is not correct or that any fact has been misrepresented by him, Olly in its sole discretion shall have the unrestricted right to take any steps against the User(s), including cancellation of the bookings, etc. without any prior intimation to the User. In such an event, We shall not be responsible or liable for any loss or damage that may be caused to the User or any of them as a consequence of such cancellation of booking or services.
The User unequivocally indemnifies Olly of any such claim or liability and shall not hold Us responsible for any loss or damage arising out of measures taken by Us for safeguarding its own interest and that of its genuine customers. This would also include Us denying/cancelling any bookings on account of suspected fraud transactions.
By using the account access service in Olly Website and Application, the User authorizes Olly and its agents to access third party sites, including that of banks and other payment gateways, designated by them or on their behalf for retrieving requested information.
While registering, the User will choose a personal identification number (“PIN”) and password and is responsible for maintaining the confidentiality of the PIN and/or password and the account. The User is fully responsible for all
activities that occur while using their PIN and/or password or account. It is the duty of the User to notify Olly immediately in writing of any unauthorized use of their PIN and/or password or account or any other breach of security. Olly will not be liable for any loss that may be incurred by the User as a result of unauthorized use of his PIN and/or password or account, either with or without his knowledge. The User shall not use anyone else's password at any time.
This Website and its mobile Applications are owned by Millennial Card Technologies Private Limited. All rights to, title and interest in the Content available on/ via the Website and Application, the Website’s and Application’s look and feel, the designs, trademarks, service marks, and trade names displayed on the Website and Application, and the Website and Application URLs, are the property of Millennial Card Technologies Private Limited or its licensors, and are protected by copyrights, trademarks, patents, or other proprietary rights and laws.
The Website and its mobile Applications and the Content are protected by copyright laws, and belong to Us or its partners, affiliates or contributors. The copyrights in the Content are owned by Us or other copyright owners who have authorized their use on the Website. You may not manipulate or alter the images or other Content on the Website in any way.
We respect the intellectual property rights of others and expect you to do the same. We will respond to notices of alleged copyright infringement that comply with applicable law and are properly provided to Us. We reserve the right to remove Content alleged to be infringing without prior notice and at our sole discretion. In appropriate circumstances, We will also terminate a User’s account if the User is determined to be a repeat infringer. Our designated copyright agent for notice of alleged copyright infringement appearing on the Website is: email@example.com
The Services are provided on an “as is” and “with all faults” basis, and without warranty or condition of any kind, either express or implied. Without limiting the foregoing, we explicitly disclaim any warranties, either express or implied, including without limitation, warranties of merchantability, and fitness for a particular purpose, non-infringement and quality of Service. We make no warranty that the Service will meet your expectations, be free from viruses, or that data and content obtained through the service will be accurate, reliable or current, or that the service will be available on an uninterrupted, secure, or error-free basis. You acknowledge and agree that the use of the Service is at your own discretion and sole risk and that the entire risk as to the results and performance of the Service, including, without limitation, any damages to your computer system, tablet, mobile device or data stored on it, is solely Yours.
You acknowledge and agree that in no event will We (including, without limitation, our affiliates and their respective officers, directors, employees and agents) be liable for any direct, indirect, special, punitive, incidental or consequential damages or losses (including, without limitation, damages for loss of business profits, business interruption, loss of programs or information, and the like) arising out of your use of or inability to use the service, or improper use of the Service, even if you have been advised of the possibility thereof and regardless of the form of action, whether in contract, tort, or otherwise. You further acknowledge and agree that we may change the Service in whole or in part in its sole discretion without notice to you and without any liability to you whatsoever in connection therewith.