Terms and Conditions
This document is an electronic record in terms of Information Technology Act, 2000, amendments thereof from time to time and the rules thereunder as applicable and the amended provisions pertaining to electronic records in various statutes as amended by the Information Technology Act, 2000. This electronic record is generated by a computer system and does not require any physical or digital signatures.
Please read the terms of use carefully before registering, accessing or using the OurGullak Services (defined below). The terms and conditions are a legal contract ("Agreement") between You and OurGullak.com/OurGullak/firm having its registered office at India. You agree and acknowledge that you have read the terms and conditions set forth below. If you do not agree to these terms and conditions or do not wish to be bound by these terms and conditions, you may not use the Services and/or immediately terminate the Services and/or uninstall the mobile application.
We may amend the terms and conditions at any time by posting an updated version at the website and Mobile App (App/Platform). The updated version of the Terms of Service shall take effect immediately upon posting. Your continued use of the App following the posting of changes will mean that You accept and agree to the revisions including additional Terms or removal of portions of these Terms, modifications etc.
Definition
“We”, “Us”, “Our” - shall refer to OurGullak “You”, “Yours”, “Yourself”, “User”- refers to any non-registered individual or corporate body, registered user of the App, including but not limited to users of services provided by OurGullak “OurGullak App” - The mobile application(s), hosted by OurGullak.com and for providing OurGullak services to its users, including its business partners and service providers and also includes any and all Services where it acts as an Intermediary . “OurGullak Services” - shall include all services extended but not limited to purchase/investment of Stock Market/Forex-Currency/Gold-Silver/Cryptocurrency and other similar investment line. “Business Partners” – Shall refer to any individual, group of individuals defined under law with whom OurGullak have a contractual relationship and not limited to Clients, Advertisers, Financial institutions
Eligibility
By accessing the Service and OurGullak Website/App You represent that: -
You are 18 years of age or older
You are capable of entering into a contract /legally binding agreement
You have the right, authority and capability to enter into this Agreement abiding by all the provisions of the “terms of use”
You are not impersonating any person or entity, or falsely stating your age or affiliation with any person or entity. OurGullak shall reserve the right to terminate your contract to use in case of any incorrect representation of the above-mentioned conditions.
The mandatory information and officially valid document(s) “OVD”/ document details mentioned by you are true & correct and belong to You.
We will at all times assume (and by using this Website/App you warrant that) you have the legal ability to purchase and sell OurGullak Plan Silver-Gold-Platinum-Diamond and otherwise use this Platform, and are capable of being bound by these Terms and Conditions.
Further, by using the Website/App, you confirm that you are not registered under any applicable Goods and Services Tax Act, 2017 and that if, in the course of your relationship with OurGullak Website/App and/or one of OurGullak Business Partner, you become registered under the applicable Goods and Services Tax Act, 2017, you shall inform our business partner of your change in status immediately.
If necessary, you shall seek independent tax advice, and these Terms and Conditions do not constitute any tax advice to You.
Registration
In order to use the Services, you need to register on the OurGullak Website/App/Platform and provide us with accurate and complete information as required. You are also required to keep your accounts, KYC details and contact information complete and updated at all times.
Once you sign-up on Website/App you are entitled to a OurGullak Account. Once registered, certain services may ask you for additional information in order or avail such service and may involve creation of sub-accounts for availing such services.
OurGullak Services
OurGullak Account An account that you create when you sign-up/register with OurGullak to access the Services, including the following:
This account allows you to access the Website/App, browse through the Service, make payment using UPI, debit card, credit cards or net banking collectively known as (‘Payment Gateway Services’) as permissible for the investment purchase of OurGullak Plan
The OurGullak Firm may also ask You to provide certain additional information about yourself on a case-to-case basis.
Access to OurGullak Account enables you to browse through OurGullak Services provided by OurGullak and in order to avail, enroll or use any such Service you may need to additionally register for such services by providing some more information as required under the Terms of Use of such products/services.
Allows you to share and maintain the Know Your Customer “KYC” details and information for underwriting purposes for other financial and non-financial products available on the Website/App
You further agree to the Privacy Policy as applicable for OurGullak. In order to avail the Services, you need a mobile, internet or any other supported device that meets the compatibility requirements of accessing the app and the website, which may change from time to time.
You are allowed to purchase OurGullak Investment Plan pursuant to the collaboration between the OurGullak and Investment Plan.
The OurGullak Firm hereby grants You, a limited, non-exclusive, non-transferable, royalty free license to use the Website/App/Platform for the purposes of availing the Services.
The services offered on the OurGullak Platform shall include, but is not limited to the following: (a) facilitating buying and selling of Investment Plan; and (b) maintaining a record of Your personal information and financial transactions in a secure and confidential manner; (“Platform Services”).
However, before placing the order and availing the Services, the User may be required to provide certain KYC documentation and other information as may be required by the Business Partner in such form and manner as it may deem fit.
This information may be requested from You at the time of registration, or at a later stage, including the following events, to prevent fraudulent activities: You withdraw your purchase of Investment Plan; and/or wish to get Your Customer Investment Plan delivered to Your Website/App Wallet step.
The KYC verification shall be undertaken based on the PAN Card issued to You. You shall upload a clear picture of your PAN Card except in cases where e-PAN is provided by You.
We shall verify Your details from the database of the issuing authority, including through Digi locker.
If You do not have a PAN Card, you may submit Form 60 to Us. It is hereby clarified that any Services offered (purchase, sale or transfer of Investment Plan on OurGullak platform) are governed under specific terms and conditions of OurGullak, operated and managed by OurGullak which can be accessed at https://www.ourgullak.com/policy/terms-and-service/261
It is also clarified that the OurGullak Firm is merely providing a platform Investment Plan to its Users to facilitate the transaction of sale and investment of Plan and will not be liable in any manner with respect to the products and/or services offered to You by the respective Business Partners
You hereby agree and acknowledge that the data and information provided on the Website/App does not constitute advice of any nature whatsoever and shall not be relied upon by You while making investment decisions and You shall be solely responsible for any investment decisions and for the purchase of any Investment Plan on the Website/App.
In no event shall the OurGullak be liable to You for any loss or damage that may cause or arise from or in relation to these Terms of Use and/or due to use of this Website/App/Platform or due to investments made using this Website/App/Platform.
Use of the Website/App/Platform and availing the Services: You acknowledge that the Services are for Your personal use and agree not to publish the Investment Plan prices or descriptions of Investment Plan and/or any other information displayed on the Platform (in lieu of Your access to the Website/App/Platform) on any other medium.
You agree that You shall not copy, reproduce, sell, redistribute, publish, enter into a database, display, perform, modify, alter, transmit, license, create derivatives from, transfer or in any way exploit any part of any information, content, materials, services available from or through the Website/App/Platform, except that You may download the Website/App for Your own personal, internal and non-commercial use.
You agree that You will not use the Website/App/Platform in any manner or engage in any activity that may damage, disable or impair or adversely affect the use of the Platform or interfere with any other users’ use, legal rights, or enjoyment of the Platform. Further, You agree not to remove any text, copyright or other proprietary notices contained in the content downloaded from the Website/App/Platform.
Placing of order
You can purchase Investment Plan on the Platform on a pre-payment basis i.e., once you place the order and confirm the transaction for purchase of Investment Plan, and agree to the Terms of Use the Platform will notify OurGullak Administrator.
Once the payments are received by OurGullak and the KYC information (if and where applicable) is found acceptable, OurGullak shall issue an invoice to You confirming the Customer Order placed within a period of 3 (three) business days of placing such order, in a manner it may deem fit.
Notwithstanding anything to the contrary contained in these Terms and Conditions, OurGullak Firm and/or OurGullak Partner shall be entitled to accept or reject the User, for any reason whatsoever, at its sole and exclusive discretion. The money shall be refunded in case of order reject.
Once the Customer Order is placed, you are not entitled to cancel such a Customer Order, provided however that such Customer Order shall stand cancelled if the payment fails for any reason whatsoever. The Platform and/or OurGullak/Partner reserves the right to cancel the Customer Order, at its sole discretion, if Your information, provided prior to placing the Customer Order, is not found acceptable and the Platform and/or OurGullak/Partner are of the opinion that You are not eligible to purchase Investment Plan from OurGullak/Partner.
In case of rejection of any of Your Customer Order, where payments have been received by OurGullak/ OurGullak Partner such payments shall be returned to You in accordance with these Terms of Use or the terms and conditions of OurGullak/Partner as applicable.
The quantity of OurGullak Fixed Plans purchased by You shall be stored with the OurGullak Digital Wallet in a vault on Your behalf.
It is hereby clarified that Your purchase OurGullak Investment Plans of the corresponding to Your Customer Order shall be deemed to be completed and title in relation thereto shall be deemed to have been passed to You upon such relevant portion of the User OurGullak Investment Plans with the terms and conditions of subject to applicable laws.
You will be provided with OurGullak Wallet for your Customer OurGullak Investment Plans perpetually as per OurGullak Firm discretion, or for such Fixed Limited period as more particularly stipulated by OurGullak in this regard from time to time at its sole discretion and notified to User's on the OurGullak Platform (“Free Digital Wallet Period”).
Security Trust: The OurGullak Platform Digital Provided Wallet has taken the necessary Fully Safed, in case of occurrence of an event not Safed in such, the User's Purchased Investment Plans may be at risk. The OurGullak Platform Digital Provide Wallet obtained by the OurGullak are in line with the global industry practices and Safed losses due to fire, lightning, theft, cyclone, earthquake, flood, etc. but do not safe losses due to events such as war, revolution, derelict weapons of war, nuclear radiation, etc. In the event of any expenses or charges remaining payable to any Intermediaries or otherwise till actual delivery or fulfilment of any of Your User's Orders for any reason, including where OurGullak and invest Partner's is unable to service such requests for any of its event of default, thereby adversely affecting or jeopardizing the fulfilment of Your User’s Orders, the details of the same shall be available at OurGullak and Invest Partner's terms and conditions.
Pricing and Payment policy
Except where noted otherwise, the price displayed on the Website/App/Platform, represents the market linked price of OurGullak Fixed Investment Plans as indicated by OurGullak Platform.
Market linked prices means that these quotes are linked to the prices of OurGullak Investment Fixed Plans Return in the commercial Forex-bullion market in World/India. However, it does not indicate that the Currency prices displayed on the Platform will always be the same as that of the prevalent prices displayed in other commercial Forex-bullion markets. As a purchaser, it is your responsibility to compare the prices and take appropriate decisions after adequate diligence. Notwithstanding the foregoing, you understand that these prices may vary multiple times within a day, and accordingly
Your payment obligations for any User's Order will depend on the prices displayed at the relevant time.
Payment policy: Payment will be accepted through the payment options made available on the Website/App/ Platform, which may include redirection to a payment gateways and aggregators hosted by third-party websites or UPI applications.
At the time of purchase, fulfilment sale and/or transfer of OurGullak Fixed Investment Plans, the relevant taxes will be chargeable as applicable as per the Government regulations. However, please note that the detailed payment terms, delivery, warranty and cancellation and refund policy and other payment policy are subject to the terms and conditions of OurGullak.
Delivery-Digital Wallet Transfer of OurGullak Investment Plans
For the purposes of making Transfer-delivery to You, you are required to provide a valid address and/or any other documents/information/ biometric identification that may be specified in this regard by OurGullak Firm on the Platform from time to time.
You are required to take Transfer-delivery of Your User's OurGullak Fixed Investment Plans within such maximum period as shall be specified for this purpose by OurGullak from time to time on the Platform In the event that no valid address has been provided by You during the maximum Wallet-storage period, then Platform and/ OurGullak shall for a period 1 (one) year commencing from the date of expiry of maximum Wallet-storage period at its sole discretion attempt at least once to contact You using the contact information provided by You to obtain either (I) an address to which You would require the Investment Plans in question to be Transfer-delivered or (II) Your bank account details into which sale proceeds of the Investment Plans shall be deposited.
In the event that OurGullak Platform and/or OurGullak-Partner's has not been able to contact You during the additional period using the contact information provided by You, OurGullak-Partner's shall be entitled to purchase such User's OurGullak Fixed Investment Plans with the purchase price being the applicable prevailing price displayed on the Platform for purchase of OurGullak Fixed Investment Plans from User's as per details detailed in OurGullak-Partner's Terms and conditions.
Return, Refund and Cancellation Policy
On use of any Promotion code, coupon, Bonus or discounts, as made available by us on the OurGullak Platform or any other website or platform of any authorized third party, for purchase of OurGullak Investment Plans, the same shall be verified and adjusted, as may be necessary, within 7 (seven) days of use of such OurGullak provide scheme or discount.
There is no minimum lock-in period for the investment.
Once the payment has been confirmed, the same shall be binding on You and cannot be cancelled.
You can opt out of auto investing on the OurGullak Platform by undertaking the following actions:
(a) To pause
(I) You'll find the pause button on the home screen under your savings.
(II) You can choose the duration you wish to pause for.
(b) To delete
(I) Go into profile section.
Select autopay.
Select the mandate
Delete.
(II) You can also delete the mandate via your UPI app.
Offers and rewards
From time-to-time OurGullak may run marketing and promotional campaigns wherein it may provide offer's which may include User's credits, promo codes, vouchers, rewards or any other form of incentive that OurGullak may decide at its discretion. For the purpose of clarity, these Offer's shall be subject to certain additional terms and conditions, such as details of such Offer's, validity etc.
You acknowledge that a particular Offer's cannot be clubbed with or used in conjunction with any other promotion, discount, vouchers or Offer's.
OurGullak reserves the right to, modify specific terms applicable to each Offer's and/or these terms and conditions from time to time or at any time, reject, modify or discontinue, temporarily or permanently, any such Offer's, with or without prior notice and the decision of OurGullak shall be final and binding in this regard. In such cases, such revision will be updated on the OurGullak Website/application/platform accordingly.
Intellectual Property Rights
Intellectual Property Rights for the purpose of this Terms of Use shall always mean and include copyrights whether registered or not, patents including rights of filing patents, trademarks, trade names, trade dresses, house marks, collective marks, associate marks and the right to register them, designs both industrial and layout, geographical indicators, moral rights, broadcasting rights, displaying rights, distribution rights, selling rights, abridged rights, translating rights, reproducing rights, performing rights, communicating rights, adapting rights, circulating rights, protected rights, joint rights, reciprocating rights, infringement rights. All those Intellectual Property rights arising as a result of domain names, internet or any other right available under applicable law shall vest in the domain of OurGullak.com or OurGullak entities as the owner of such domain name. The Parties hereto agree and confirm that no part of any Intellectual Property rights mentioned hereinabove is transferred in the name of User and any intellectual property rights arising as a result of these presents shall also be in the absolute ownership, possession and OurGullak control or control of its licensors, as the case may be.
All material on this OurGullak.com website and mobile application, including images, illustrations, audio clips, and video clips, are protected by copyrights, trademarks, and other intellectual property rights of OurGullak. Material on Website is solely for Your personal, non-commercial use. You must not copy, reproduce, republish, upload, post, transmit or distribute such material in any way, including by email or other electronic means and whether directly or indirectly and You must not assist any other person to do so. Without the prior written consent of the owner, modification of the materials, use of the materials on any other platform or networked computer environment or use of the materials for any purpose other than personal, non-commercial use is a violation of the copyrights, trademarks and other proprietary rights, and is prohibited.
Termination
You agree that OurGullak at its sole discretion may terminate your contract without prior notice and restrict your access to the Website/App/Platform if determined that You have violated the terms of use and You consent that in case OurGullak suffers losses, not limited to monetary losses, due to Your actions, We can take injunctive relief or any other legal action as deemed necessary within the said circumstances and OurGullak is not liable for any loss to You due to termination.
Limitation of Liability
Financial and non-financial transactions performed by You on the OurGullak Platform is always processed by You or under Your exclusive authorization.
In no event will OurGullak be liable for any indirect, consequential, incidental, special or punitive damages, including without limitation damages for loss of profits or revenues, business interruption, loss of business opportunities, loss of data or loss of other economic interests, whether in contract, negligence, tort or otherwise, arising from the use of or inability to use the Services, however caused and whether arising in contract, tort, negligence, warranty or otherwise.
Indemnification
You shall indemnify and hold harmless OurGullak.com its owner, licensee, affiliates, subsidiaries, Partner's, Firm, group companies (as applicable) and their respective officers, directors, agents, and employees, from any claim or demand, or actions including reasonable attorneys' fees, made by any third party or penalty imposed due to or arising out of Your breach of this Terms of Use, privacy Policy and other Policies, or Your violation of any law, rules or regulations or the rights (including infringement of intellectual property rights) of a third party.
Force Majeure
A Force Majeure Event shall mean any event that is beyond the reasonable control of OurGullak.com and shall include but not limited to war, riots, fire, flood, acts of God, explosion, strikes, lockouts, slowdowns, prolonged shortage of energy supplies, Pandemic, computer hacking, unauthorized access to computer data and storage devices, computer crashes ,acts of state, governmental, legal or regulatory actions prohibiting or impeding OurGullak.com from performing its respective obligations under the contract.
Dispute, Governing Law & Jurisdiction
This Agreement and the rights and obligations thereunder and the relations of the parties and all matters arising under or in connection with this Terms of Use, including the construction, validity, performance or termination thereunder, shall be governed by and construed in accordance with the laws of the Republic of India. Subject to and without prejudice to the amicable settlement, the courts in Decide OurGullak shall have exclusive jurisdiction to try and adjudicate all matters arising in connection with your use of the Services or other matters covered herein.
Disclaimers
As part of this continual innovation and improvement, we sometimes may add or remove features and functionalities, increase, or decrease limits to our Services, start offering new services or stop offering old ones on OurGullak Platform. Such offering can also be due to discontinuation of any service or offering on the Platform by third party service providers or business partners.
We may record or monitor OurGullak conventions with You for records and monitoring quality of our conversations.
Any content downloaded or otherwise obtained through the use of OurGullak Platform is done at your own discretion and risk, and We cannot confirm that such documents or contents are error or virus free and You understand and acknowledge that you are solely responsible for any damage to your devices, for any loss of data that may result from the download of such contents.
OurGullak and third-party partners make no warranty, express or implied regarding the quality of Services including but not limited to:
the Services will meet your requirements
the Services will be uninterrupted, timely or error free; or
any products, information or material obtained by You in connection with the services will meet Your requirements.
Except as expressly provided herein and to the full extent permitted by law, the Services are provided "as is ", "as available " and "with all faults ". All such warranties, representations, conditions, undertakings and terms, whether express or implied, are hereby excluded. It is Your responsibility to evaluate the accuracy, completeness and usefulness of the Services and other information provided by OurGullak or generally available. We do not authorize anyone to make any warranty on OurGullak behalf and You should not rely on any such statement.
If you have a dispute with other parties, you release OurGullak (and our affiliates and officers, Owner, Partner's, directors, agents, and employees thereof) from claims, demands and damages (actual and consequential) of every kind and nature, known and unknown, arising out of or in any way connected with such disputes.
Contact Us
India
Telegram : https://t.me/ourgullak
Email: info@OurGullak.com