ImportantDisclaimer
Important disclaimers regarding MoneyKarma financial services, investment advice, and loan facilitation services. Please read carefully to understand the limitations and risks involved.
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General Disclaimer
The information provided on MoneyKarma's website, mobile application, and other platforms (collectively "Platform") is for general informational purposes only. While we endeavor to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the Platform or the information, products, services, or related graphics contained on the Platform for any purpose.
Any reliance you place on such information is therefore strictly at your own risk. In no event will MoneyKarma be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this Platform.
Financial Services Disclaimer
Not a Financial Institution
MoneyKarma is not a bank, non-banking financial company (NBFC), or any other regulated financial institution. We operate as a financial services marketplace and intermediary platform that connects customers with various financial institutions and service providers.
No Direct Lending
MoneyKarma does not directly lend money, issue loans, credit cards, or any other financial products. All financial products and services are provided by third-party financial institutions that are regulated by appropriate authorities such as RBI, SEBI, IRDAI, etc.
No Guarantee of Approval
MoneyKarma does not guarantee the approval of any loan, credit card, or financial product application. Approval decisions are solely at the discretion of the respective financial institutions based on their internal policies, eligibility criteria, and risk assessment.
Investment and Advisory Disclaimer
Not Investment Advice
The content on our Platform, including but not limited to articles, blogs, market analysis, and product comparisons, is for educational and informational purposes only and should not be construed as personalized investment advice or recommendations.
Investment Risks
All investments carry risk and the potential for loss. Past performance is not indicative of future results. Before making any investment decisions, you should:
- Conduct your own research and analysis
- Consider your financial situation and risk tolerance
- Consult with qualified financial advisors
- Read all relevant product documentation
- Understand the terms and conditions of any investment product
Market Volatility
Financial markets are subject to volatility and can be affected by various factors including economic conditions, political events, regulatory changes, and market sentiment. The value of investments can go up or down, and you may get back less than you invested.
Credit Score and Credit Monitoring Disclaimer
Credit scores and credit reports displayed on our Platform are obtained from authorized credit bureaus. However:
- Credit scores may vary between different credit bureaus
- Scores displayed may not reflect the most recent updates
- Different lenders may use different scoring models
- A good credit score does not guarantee loan approval
- Credit improvement suggestions are general guidelines and results may vary
For the most accurate and up-to-date credit information, we recommend checking directly with credit bureaus or lenders.
Product Information Disclaimer
While we strive to provide accurate and up-to-date information about financial products and services, we cannot guarantee the accuracy of:
Financial institutions reserve the right to change their products, terms, and conditions at any time. Always verify the current terms directly with the respective financial institution before making any decisions.
Third-Party Links and Content
Our Platform may contain links to third-party websites, applications, or services that are not owned or controlled by MoneyKarma. We have no control over, and assume no responsibility for, the content, privacy policies, or practices of any third-party websites or services.
You acknowledge and agree that MoneyKarma shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods, or services available on or through any such websites or services.
Technology and Service Availability
MoneyKarma strives to provide uninterrupted service, but we cannot guarantee that our Platform will be available at all times. Our services may be temporarily unavailable due to:
- Scheduled maintenance and updates
- Technical issues or system failures
- Internet connectivity problems
- Force majeure events
- Third-party service dependencies
We shall not be liable for any loss or inconvenience caused by service interruptions.
Regulatory Compliance Disclaimer
While MoneyKarma strives to comply with all applicable laws and regulations, the regulatory landscape for financial services is complex and constantly evolving. We make no representation that:
Users are advised to understand applicable regulations and ensure their own compliance when using our services.
Limitation of Liability
To the maximum extent permitted by applicable law, MoneyKarma, its directors, employees, partners, agents, suppliers, or affiliates shall not be liable for:
- Any indirect, incidental, special, consequential, or punitive damages
- Any loss of profits, revenue, data, use, goodwill, or other intangible losses
- Any damages resulting from third-party products or services
- Any decisions made based on information from our Platform
- Any unauthorized access to or use of our servers and/or any personal information stored therein
User Responsibility
By using our Platform, you acknowledge that:
- You are responsible for making your own financial decisions
- You should conduct independent research before making any financial commitments
- You understand the risks involved in financial products and services
- You are responsible for reading and understanding all terms and conditions
- You should seek professional advice when necessary
Updates to Disclaimer
MoneyKarma reserves the right to update or modify this disclaimer at any time without prior notice. Changes will be effective immediately upon posting on our Platform. Your continued use of our services after any such changes constitutes your acceptance of the new disclaimer.
Need Help Understanding These Terms?
Our legal team is here to help clarify any questions you may have about our disclaimer and terms of service.
Contact Information
If you have any questions about this disclaimer or need clarification on any aspect of our services, please contact us:
Company Information
MoneyKarma
8th Floor, Krishe Emerald, WeWork,
Laxmi Cyber City, Whitefields,
Kondapur, Hyderabad, Telangana 500084