Terms & Conditions

Welcome to NOVACRED RegtechAPI (“RegtechAPI”, “we”, “us”, “our”). These Terms of Use (“Terms”) govern your access to and use of our APIs, developer interface, website, dashboards, documentation, and related systems (collectively, the “RegtechAPI”).

By accessing or using the RegtechAPI, you agree to be bound by these Terms and our Privacy Policy. If you do not agree with these Terms, please do not use the RegtechAPI.

1. Acceptance of Terms

By signing up, connecting to, integrating, or otherwise using the RegtechAPI, you acknowledge that you have read, understood, and agree to these Terms and our Privacy Policy. These Terms form a legally binding agreement between you and Novacred Private Limited.

2. Eligibility & Access

• Authorization: Access is granted only to users and organizations with valid credentials (API keys or login details) issued by RegtechAPI.
• Account Security: You are responsible for safeguarding your credentials and all activity under your account.
• Modifications: We reserve the right to modify, suspend, or terminate access at our discretion, with or without notice.

3. Permitted Use

• Purpose: Use of RegtechAPI is permitted only for authorized business purposes.
• Compliance: Use must comply with all applicable local and international laws and regulations.

4. Prohibited Use

You shall not:

• Reverse engineer, copy, sell, sublicense, or exploit the RegtechAPI Systems.
• Upload, publish, share, or disseminate unlawful, harmful, infringing, or offensive content.
• Send unsolicited communications, spam, malware, or manipulate system behavior.
• Use the service in any manner that violates applicable laws or regulations.

5. User Data & Privacy

• User Authority: You represent that you have lawful rights to submit and process all data provided.
• Data Use: All data will be handled in accordance with the RegtechAPI Privacy Policy.
• Retention & Access: You are responsible for the legality, integrity, and accuracy of your data.

6. Intellectual Property

• Ownership: All intellectual property rights in the RegtechAPI Systems belong to RegtechAPI or its licensors.
• License: A limited, non-exclusive, non-transferable license is granted solely for permitted use.
• Restrictions: You may not reproduce, distribute, modify, or create derivative works beyond authorized use.

7. Disclaimers

RegtechAPI Systems are provided “as is” and “as available” without warranties of any kind. We do not guarantee uninterrupted, error-free operation or suitability for specific requirements.

8. Limitation of Liability

To the fullest extent permitted by law, Novacred Private Limited shall not be liable for any indirect, incidental, special, punitive, or consequential damages, including loss of data or profits. Total liability shall not exceed INR 1,000 (One Thousand).

9. Indemnification

You agree to indemnify and hold harmless Novacred Private Limited, its directors, officers, employees, agents, and affiliates from any claims or liabilities arising from your use of the RegtechAPI Systems or violation of these Terms.

10. Termination

Novacred Private Limited may suspend or terminate your access at any time for violation of these Terms. Upon termination, all rights granted to you will immediately cease.

11. Governing Law & Dispute Resolution

These Terms shall be governed by the laws of India. Any disputes shall be resolved by arbitration under the Arbitration and Conciliation Act, 1996, conducted in English, with the seat of arbitration in Pune, Maharashtra.

12. Changes to Terms

Novacred reserves the right to update or modify these Terms at any time. Updated policies will be published on the Novacred website with a revised “Last Updated” date. Continued use of the Services constitutes acceptance of the updated Terms.