Terms & Conditions

1. Introduction & Acceptance

These Terms & Conditions ("Terms") govern your use of KlearPe's mobile application, website, and related services (collectively, the "Service"). By accessing or using the Service, you agree to be bound by these Terms. If you do not agree to these Terms, please do not use the Service.

2. Nature of Service

IMPORTANT - Please read carefully:

• KlearPe is not a bank
• KlearPe is not an NBFC (Non-Banking Financial Company)
• KlearPe does not provide loans
• KlearPe does not provide financial advice
• KlearPe provides tools and automation for repayment planning

KlearPe is a repayment optimization tool that helps you plan and automate extra payments on your existing loans. We do not disburse loans, hold funds, or provide financial advisory services.

3. User Eligibility

To use KlearPe, you must:

• Be at least 18 years of age
• Be legally capable of entering into contracts
• Provide accurate and truthful information
• Have a valid loan account with a recognized lender in India

4. User Responsibilities

By using KlearPe, you agree to:

• Provide accurate loan details (EMI, interest rate, tenure)
• Maintain sufficient account balance if enabling automated repayments
• Review repayment plans and projections before enabling automation
• Monitor your bank statements and loan account regularly
• Notify us of any changes to your loan terms

Important: Final responsibility for loan repayment remains with you. KlearPe is a tool to assist you, but you are ultimately responsible for ensuring payments are made correctly and on time.

5. Repayment & Automation Disclaimer

Important limitations:

• Repayment plans and projections are estimates only
• Actual savings depend on your lender's interest calculation method, timing of repayments, and bank policies
• Failed debits may occur due to insufficient balance or bank system issues
• Lender policies regarding part-prepayments may change

KlearPe is not responsible for bank delays, lender policy changes, missed interest benefits due to external factors, or any consequences arising from failed payment attempts.

6. No Guarantee Clause

KlearPe makes no guarantees regarding:

• Amount of interest savings
• Loan closure timeline
• Accuracy of projections (which are illustrative)
• Success of automated payment execution

All projections and estimates are for informational purposes only and should not be considered as financial advice or guarantees.

7. Fees & Pricing

Early access to KlearPe may be free. We reserve the right to introduce subscription fees or other charges in the future. Any charges will be clearly disclosed in advance, and you will have the opportunity to review pricing before committing. We are committed to transparency—there are no hidden fees.

8. Suspension & Termination

KlearPe may suspend or terminate your account if:

• You violate these Terms or our policies
• You provide false or misleading information
• You misuse the Service
• Required by law or regulatory authorities

You may: Pause automation anytime through the app, delete your account anytime, and revoke Account Aggregator consent at any time.

9. Limitation of Liability

To the maximum extent permitted by law, KlearPe shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to:

• Loss of interest savings due to user actions or inactions
• Losses arising from bank system failures or delays
• Losses due to third-party payment gateway failures
• Any financial losses or damages related to loan repayment

10. Indemnity

You agree to indemnify and hold harmless KlearPe, its officers, directors, employees, and agents from any claims, damages, losses, liabilities, and expenses (including legal fees) arising from:

• Your use of the Service
• False or inaccurate information provided by you
• Your violation of these Terms
• Your violation of any law or regulation

11. Intellectual Property

All content, features, and functionality of the Service, including but not limited to the KlearPe app, website, branding, logos, and software, are owned by KlearPe and protected by copyright, trademark, and other intellectual property laws. You may not copy, modify, distribute, sell, or resell any part of the Service without our express written permission.

12. Governing Law & Jurisdiction

These Terms shall be governed by and construed in accordance with the laws of India. Any disputes arising out of or relating to these Terms or the Service shall be subject to the exclusive jurisdiction of the courts of Mumbai, Maharashtra, India.

13. Contact Information

If you have questions about these Terms, please contact us: