The domain name www.moneyparrot.com , maintained and operated by Parrot Tech Ventures Private Limited (“MoneyParrot”). The terms and conditions set out below (the “Conditions”) apply to the use of the Site, including the use of information services offered on the Site.
In accessing, using, viewing, transmitting, caching or storing this Site or any of its services, functions, materials or contents, you shall be deemed to have agreed to each and all the Conditions and notices on this Site as amended from time to time. Further, you agree to be bound by these Conditions, and are therefore requested to carefully read this section before proceeding. If you do not accept these Conditions, you must refrain from using the Site. These Conditions must be read in conjunction with any other applicable terms and conditions governing the use of the Site.
MoneyParrot reserves the right to change these terms from time to time. By continuing to use the Site after changes are posted you agree to be legally bound by those terms as updated and/or amended.
The Site contains MoneyParrot’s trade and service marks and devices, including the word “MoneyParrot”, and other valuable trade or service marks owned by MoneyParrot or licensed to MoneyParrot, to distinguish its services and products (collectively referred to as “MoneyParrot Marks”). The MoneyParrot Marks are protected from copying and simulation under national and international laws and may not be reproduced, copied or used in any other manner whatsoever, on any material, whether tangible or intangible, without the express prior written consent of MoneyParrot. Without limitation, you must not use any MoneyParrot Marks or a variation thereof, either alone or in conjunction or as a combination with any other trade or service marks, logos or devices:
In or as the whole or part of your own trade marks;
In connection with activities, products or services which are not undertaken or provided by MoneyParrot;
In a manner which may be confusing, misleading or deceptive; or
In a manner that disparages MoneyParrot or its information, products or services (including this Site).
Trade and service marks and devices not forming a part of the MoneyParrot Marks, but included on the Site (the “Third Party Marks”) shall belong to the respective owners of such Third Party Marks. You acknowledge that the use and display of such Third Party Marks are subject to the rights of the owners of the Third Party Marks.
The Service Providers (as defined hereinafter) acknowledge and confirm that by accepting the terms of these conditions, MoneyParrot shall have the right to make limited use of the trademarks of the Service Provider. MoneyParrot shall have the right to display the trademark of the Service Provider on the Site along with the products being listed by the Service Provider on Website. MoneyParrot shall not in any manner be liable for infringement of the Service Provider’s right to such trademarks solely due to the use of the trademarks on the Site in manner stated above.
The information, text, graphics, images, sounds, links and all other information and software published or otherwise contained on the Site (“Information”; collectively with the MoneyParrot Marks the “MoneyParrot IP”) are either owned exclusively by MoneyParrot or licensed to MoneyParrot and may not be copied, distributed, displayed, reproduced or transmitted in any form or by any means, whether electronic, mechanical, photocopy, recording or otherwise, without the prior written approval of MoneyParrot.
Without limitation, you may not, without such approval from MoneyParrot, create derivative works from any part of the Site or commercialise any Information, products or services obtained from any part of the Site. Information procured from a third party may be the subject of copyright owned by that third party. Unauthorised use of the Site and/or the materials contained on the Site may violate applicable copyright, trademark or other intellectual property laws or other laws. You must retain all copyright and trademark notices, including any other proprietary notices, contained in the materials. The use of such materials on any other website or in any environment of networked computers is strictly prohibited.
The Site is for your personal non-commercial use and the MoneyParrot IP may be downloaded or printed by you solely for that purpose. You are responsible for maintaining the secrecy of your passwords, login and account information. You will be financially accountable for any use of the Site by you and anyone using your password and login information. This right to use the MoneyParrot IP is a limited, non-excusive, non- transferrable, non-assignable, time-bound, non-sub-licensable, revocable license only, and is subject to the following restrictions:
The MoneyParrot IP may not be used for any commercial purpose or public display,performance, sale or rental;
No copyright or other proprietary notices may be removed;
The MoneyParrot IP may not be transferred to another person;
Software may not be interfered with in any manner;
Every person downloading, reproducing or otherwise using the MoneyParrot IP must prevent any unauthorised copying of the Information;
You shall only use the MoneyParrot IP for lawful purposes and in accordance with these Conditions;
You shall not frame or utilise framing techniques to enclose any MoneyParrot IP;
You shall not collect and use any product listings, descriptions, or prices for the benefit of other merchants, including direct and indirect competitors of MoneyParrot; and
You shall not use any meta tags or any other hidden text utilising the Site’s, or MoneyParrot’s name or trademarks without the express written consent of MoneyParrot.
You shall pay all costs and charges, including phone charges and telecommunications equipment costs, that you incur in order to access or use the Site, services and Information. You must adhere to all limitations on dissemination, usage and reproduction of any MoneyParrot IP that you download from the Site that are subject to such limitations. You agree to use the Site only to access, utilise, and receive MoneyParrot IP in an appropriate manner and purchase financial products being sold by the various third party distributors, and organisations on their own websites, links for which are listed on the Site (the “Service Providers”) as being accessed or used by you.
If you are required to establish an account / provide information to access the information on the Site or to purchase any products with the use of the Site, you must complete the designated registration process to obtain any information contained on the Site or purchase any products being offered by the Service Providers as the case may be. All required registration information that you provide must be current, complete and accurate and kept up to date on a prompt, timely basis. If required, you must also choose a user name and password for such account. It is your sole responsibility to keep your account number, user name, password and other sensitive information confidential. Services provided by the Service Providers and any other third party (collectively, the “Third-Party Services”) through or on the Site are governed by specific terms and conditions as provided by the Service Provider or other third party on their respective websites. MoneyParrot offers no guarantees and assumes no responsibility or liability of any type with respect to the Third- Party Services, including any liability resulting from incompatibility between a Third-Party Service, MoneyParrot IP, MoneyParrot provided services or another Third-Party Service. You agree that you will not hold MoneyParrot responsible or liable with respect to the Third-Party Services. It is expressly clarified that MoneyParrot is not in any manner providing any financial advisory services, financial planning services, sale of financial products or any other service which can be construed to include any financial advisory or the sale of financial products.
MoneyParrot shall not be responsible for any loss or damage incurred by you, due to the service not being available in the geographical area that you are situated while accessing the services provided on the Site.
Persons who are "incompetent to contract" within the meaning of the Indian Contract Act, 1872 including un-discharged insolvents etc. are not eligible to use the Site. If you are a minor i.e. under the age of eighteen (18) years, you are prohibited from using the Site.
By agreeing to the Conditions and creating an account on the Site, you agree to receive promotional communication and newsletters from MoneyParrot. You can opt out either by unsubscribing through the facility available on the Site or by contacting the customer service of MoneyParrot.
MoneyParrot has taken all reasonable efforts to ensure that the information provided on the Site is accurate and reliable. You accept that all information provided on the Site or any other material accessed through the Site, including via any Linked Website (as hereinafter defined), is general information and is not in the nature of advice.
You also accept that all of the information is provided on an “as is” basis and is provided without any warranty, representation or condition of any kind, whether express, implied, statutory or otherwise by MoneyParrot. You assume all responsibility and risk for your use of or reliance upon the Information and the Site or any other material accessed through the Site, including via any Linked Website.
While MoneyParrot seeks to ensure that the information is reliable and accurate, errors and omissions may occur and therefore, MoneyParrot does not make or give any representation or warranty (express or implied) of any kind as to any matter relating to the Site and any Linked Website, including without limitation, as to merchantability, non-infringement of intellectual property rights or fitness for any particular purpose, and specifically disclaims any such representation or warranty.
In particular MoneyParrot does not warrant that:
The information or any other material accessed through the Site, including via any Linked Website, is reliable, accurate or complete including, without limitation, information relating to prices and availability;
Your access to Information or any other material accessed through the Site, including via any Linked Website, will be uninterrupted, timely or secure;
It is liable for any loss (direct or indirect) resulting from any action taken or reliance made by you on the information or any other material accessed through the Site, including via any Linked Website. You should make your own inquiries and seek independent professional advice before acting or relying on any such information or material; and
The Site will operate continuously or without interruption or be error free. In addition, MoneyParrot may also suspend or discontinue any aspect of the Site at any time without being liable for any direct or indirect loss as a result of such action.
6.Liability Disclaimer & Exclusion
In no event shall MoneyParrot be responsible for any direct, indirect, special, incidental or consequential loss or damage, however arising and whether in contract, tort or otherwise, which you may suffer in connection with or arising out of:
your use of the Site or any Linked Website; or
your use of or reliance on any information on the Site or any other material accessed through the Site, including via any Linked Website, including without limitation, loss or damage by way personal injury or disability, of loss of profits, loss of business opportunity, business interruption or loss of information.
These Conditions do not purport to exclude liability arising by any applicable law if, and to the extent, such liability cannot be lawfully excluded. However, to the extent permitted by law, all warranties, terms or conditions which would otherwise be implied into these Conditions are hereby excluded.
You must ensure that your access to and your use of the Site is not illegal or prohibited by laws which apply to you.
You must take your own precautions that the process which you employ for accessing the Site does not expose you to the risk of viruses, malicious computer code, computer program routines or processes or other forms of interference which may damage your own computer system. Without limitation, you are responsible for ensuring that your own computer system meets all relevant technical specifications necessary to use the Site and is compatible with the Site. For the removal of doubt, MoneyParrot does not accept responsibility for any interference or damage to your own computer system which arises in connection with your use of the Site or any Linked Website.
MoneyParrot is not registered as a ‘distributor’ under the SEBI (Mutual Funds) Regulations, 1996 or as an investment advisor under the SEBI (Investment Advisors) Regulations, 2013. MoneyParrot does not in any manner provide any financial advice, nor does it sell or distribute any financial products. MoneyParrot is not liable for the quality or accuracy of any and all information or advice regarding financial products contained on the Site. All purchase of products listed on the Site shall be a transaction solely between the Service Provider and the User and MoneyParrot will not be bound by any terms of agreement between the user and the Service Provider.
MoneyParrot does not in any warrant that the Service Providers possess the requisite permits, registrations and licenses to sell the products to the users. MoneyParrot shall not be liable for any loss, damage or liability arising due to the Service Providers not possessing the requisite permits, registrations and licenses to carry on their respective business or the Service Provider’s failure to comply with applicable law.
MoneyParrot does not guarantee or warrant that any material available for downloading from the Site or any Linked Website will be free from any virus, infection or other condition which has contaminating or destructive properties. You are responsible for taking sufficient precautions and checks to satisfy your own particular requirements for accuracy of data input and output.
You must ensure that any information which you provide to MoneyParrot is accurate and complete and does not contain any virus, malicious computer code, computer program routine or process or other form of interference which may damage the computer system of MoneyParrot or the Information, or which may detrimentally interfere with or surreptitiously intercept or expropriate any MoneyParrot system, data or information.
You shall not host, display, upload, modify, publish, transmit, update or share information which:
Belongs to another person and to which you do not have any right to;
Is grossly harmful, harassing, blasphemous, defamatory, obscene, paedophilic, libellous, invasive of another's privacy, hateful, or racially, ethnically objectionable, disparaging, relating or encouraging money laundering or gambling, or otherwise unlawful in any manner whatever; or unlawfully threatening or unlawfully harassing including but not limited to “indecent representation of women” within the meaning of the Indecent Representation of Women (Prohibition) Act, 1986;
Is misleading in any way;
Is patently offensive to the online community, such as sexually explicit content, content that promotes obscenity, paedophilia, racism, bigotry, hatred or physical harm of any kind against any group or individual;
Harasses or advocates harassment of another person;
Involves the transmission of “junk mail”, “chain letters”, or unsolicited mass or “spamming”;
Promotes illegal activities or conduct that is abusive, threatening, obscene, defamatory or libellous;
Infringes upon or violates any third party's rights including, but not limited intellectual property rights, rights of privacy (including without limitation unauthorized disclosure of a person's name, email address, physical address or phone number) or rights of publicity;
Promotes an illegal or unauthorized copy of another person's copyrighted work (see “Copyright complaint” below for instructions on how to lodge a complaint about uploaded copyrighted material), such as providing pirated computer programs or links to them, providing information to circumvent manufacture-installed copy- protect devices, or providing pirated music or links to pirated music files;
Contains restricted or password-only access pages, or hidden pages or images (those not linked to or from another accessible page);
Provides material that exploits people in a sexual, violent or otherwise manner or solicits personal information from anyone;
Provides instructional information about illegal activities such as making or illegal weapons, violating someone's privacy, or providing or creating computer viruses;
Contains video, photographs, or images of another person (with a minor or an adult);
Tries to gain unauthorized access or exceeds the scope of authorized access to the Site or to profiles, blogs, communities, account information, bulletins, friend request, or other areas of the Site or solicits passwords or personal identifying information for commercial or unlawful purposes from other users;
Solicits gambling or engages in any gambling activity which MoneyParrot, in its sole discretion, believes is or could be construed as being illegal;
Interferes with another user's use and enjoyment of the Site or any other enjoyment of similar services;
Refers to any website or URL that, in MoneyParrot’s sole discretion, contains material that is inappropriate for the Site or any other website, contains content that would be prohibited or violates the letter or spirit of these Conditions;
Harm minors in any way;
infringes any patent, trademark, copyright or other proprietary rights or third trade secrets or rights of publicity or privacy or shall not be fraudulent or involve the sale of counterfeit or stolen products;
Violates any law for the time being in force;
Deceives or misleads the addressee/ users about the origin of such messages communicates any information which is grossly offensive or menacing in nature;
Impersonate another person;
Contains software viruses or any other computer code, files or programs designed to interrupt, destroy or limit the functionality of any computer resource; or contains any trojan horses, worms, time bombs, cancelbots, easter eggs or other computer programming routines that may damage, detrimentally interfere with, diminish value of, surreptitiously intercept or expropriate any system, data or personal information;
Threatens the unity, integrity, defence, security or sovereignty of India, friendly relations with foreign states, or public order or causes incitement to the commission of any cognizable offence or prevents investigation of any offence or is insulting any other nation;
Shall not, directly or indirectly, offer, attempt to offer, trade or attempt to trade any item, the dealing of which is prohibited or restricted in any manner under the provisions of any applicable law, rule, regulation or guideline for the time being in force; and
Shall not create liability for MoneyParrot or cause MoneyParrot to lose (in whole or in part) the services of its internet service provider or other suppliers;
You shall not use any “deep-link”, “page-scrape”, “robot”, “spider” or other device, program, algorithm or methodology, or any similar or equivalent manual process, to access, acquire, copy or monitor any portion of the Site or any content, or in any way reproduce or circumvent the navigational structure or presentation of the Site or any content, to obtain or attempt to obtain any materials, documents or information through any means not purposely made available through the Site. MoneyParrot reserves its right to bar any such activity.
You shall not attempt to gain unauthorized access to any portion or feature of the Site, or any other systems or networks connected to the Site or to any server, computer, network, or to any of the services offered on or through the Site, by hacking, password “mining” or any other illegitimate means.
You shall not probe, scan or test the vulnerability of the Site or any network connected the Site nor breach the security or authentication measures on the Site or any network connected to the Site. You may not reverse look-up, trace or seek to trace any information on any other User of or visitor to Site, or any other customer, including any account on the Site not owned by you, to its source, or exploit the Site or any service or information made available or offered by or through the Site, in any way where the purpose is to reveal any information, including but not limited to personal identification or information, other than your own information, as provided for by the Site.
You shall at all times ensure full compliance with the applicable provisions of the Information Technology Act, 2000 and rules thereunder as applicable and as amended from time to time and also all applicable domestic laws, rules and regulations (including the provisions of any applicable exchange control laws or regulations in force) and international laws, foreign exchange laws, securities laws, statutes, ordinances and regulations (including, but not limited to sales tax/vat, income tax, octroi, service tax, central excise, custom duty, local levies) regarding your use of the Site and your purchase, solicitation of offers to purchase, and sale of products or services. You shall not engage in any transaction in an item or service, which is prohibited by the provisions of any applicable law including securities laws, exchange control laws or regulations for the time being in force.
Your correspondence or business dealings with, or participation in promotions of, advertisers found on or through the Site, including payment and delivery of related products or services, and any other terms, conditions, warranties or representations associated with such dealings, are solely between you and such advertiser. We shall not be responsible or liable for any loss or damage of any sort incurred as the result of any such dealings or as the result of the presence of such advertisers on the Site.
The Site may contain links to other websites (each a “Linked Website”). These links are provided for convenience only and may not remain current or be maintained.
You acknowledge and agree that MoneyParrot does not have any control over the content or availability of the Linked Websites and accepts no responsibility for the content, legal compliance, privacy practices or any other aspect of the Linked Websites. The Site is a platform that users utilise to meet and interact with one another or with Service Providers for their transactions. MoneyParrot is not and cannot be a party to or control in any manner any transaction between the users and the Service Providers.
Links to the Linked Websites should not be construed as an endorsement, approval or recommendation by MoneyParrot of the owners or operators of the Linked Websites, or of any information, graphics, materials, products or services referred to, provided or contained on the Linked Websites.
All commercial/contractual terms are offered by and agreed to between the users and the Service Providers alone. The commercial/contractual terms include without limitation price, payment methods, payment terms, date, period, product and indemnities and risks related to the financial products. MoneyParrot does not have any control or does not determine or advise or in any way involve itself in the offering or acceptance of such commercial/contractual terms between the users and the Service Providers.
MoneyParrot is not responsible for any non-performance or breach of any contract entered into between the users and the Service Providers. MoneyParrot cannot and does not guarantee that the concerned Service Providers will perform any transaction concluded on the Site or through a Linked Website. MoneyParrot shall not and is not required to mediate or resolve any dispute or disagreement between the users and the Service Providers.
MoneyParrot does not make any representation or warranty as to the item-specifics (such as legal title, creditworthiness, identity, etc.) of any of its users. Service Providers are advised to independently verify the bona fides of any particular user that they may choose to deal with.
The Site is only a platform that can be utilized by users to gather information about the Service Providers and the products offered by them. MoneyParrot is only providing a platform for communication and it is agreed that the contract for sale of any of the products or services shall be a strictly bipartite contract between the Service Provider and the user.
Service Providers intending to host information regarding various products on the Site will be required to register on the Site as a Service Provider by paying the requisite fees. The following fee structure will be applicable to Service Providers:
The above mentioned fee will be payable by the Service Provider on a monthly basis. MoneyParrot reserves the right to remove all content hosted by the Service Provider if such content is in breach of any of the terms of these Conditions or in the event the Service Provider fails to pay the abovementioned fee for a period of one (1) months.
10.User account, Password and Security
The user is entirely responsible for maintaining the confidentiality of the user’s password and account, and for any and all activities which occur under the user’s account or password. The user agrees to immediately notify MoneyParrot of any unauthorised use of the user’s account, password, or any other breach of security known to the user. MoneyParrot will not be liable for any loss that the user may incur as a result of someone else using or accessing the user’s password or account, either with or without the user’s knowledge. However the user may be held liable for losses incurred by MoneyParrot or any other party as a result of someone else using or accessing the user’s password or account. The user will not use anyone else’s account at any time without the permission of the account holder. The user may change his/her password or profile by following instructions on the Site.
You agree to indemnify, defend and hold MoneyParrot and its subsidiaries, affiliates, officers, directors, agents and employees harmless from any claim or demand, made by any third party due to or arising out of your breach of the Conditions, this agreement or the documents it incorporates by reference, or your violation of any law or the rights of a third party. MoneyParrot’s failure to act with respect to a breach by you or others does not waive its right to act with respect to subsequent or similar breaches.
With respect to any communication made to MoneyParrot on or through the Site including, without limitation, feedback, questions, comments and suggestions (the “Communications”):
No right of confidentiality shall apply to the Communications and MoneyParrot shall have no obligation to protect the Communications from disclosure;
MoneyParrot shall be free to reproduce, use, disclose and distribute the Communications to others; and
MoneyParrot shall be free to use any ideas, concepts, know-how or techniques contained in the Communications for any purpose whatsoever including, without limitation, the development, production and marketing of products and services that incorporate such information.
The payment gateways are incorporated onto the Site as Linked Websites and shall be considered a Third-Party Service. By using the Third Party Service, you consent to be bound by the terms and conditions applicable to the use of such Third Party Service.
If any provisions of these Conditions are found to be illegal, invalid or otherwise unenforceable by reason of the laws of any state or country in which these terms are intended to be effective, then to the extent and within the jurisdiction in which that term is illegal, invalid or unenforceable, it shall be severed and deleted from these terms and the remaining terms shall survive, remain in full force and effect.
MoneyParrot does not accept any liability for any failure by MoneyParrot to comply with these Conditions where such failure is due to circumstances beyond its reasonable control.
If MoneyParrot waives any rights available to it under these Conditions on one occasion, it does not mean that those rights will automatically be waived on any other occasion.
You are completely responsible for all charges, fees, duties, taxes and assessments arising out of the use of the Site.
The section titles in the document are solely used for the convenience of the parties and have no legal or contractual significance.
These terms shall be governed by and interpreted in accordance with the laws of India and you agree to submit to the exclusive jurisdiction of the courts of Bangalore.
16.Return to Site
To return to the Site, click where indicated. By doing so, you acknowledge that you have read, understood and accepted these Conditions.