KammaCash - Terms and Conditions

KammaCash Terms and Conditions

Effective Date: July 10, 2026

1. Introduction and Acceptance of Terms

1.1 Scope of Agreement

Welcome to KammaCash, a personal loan application owned and operated by KAMMA SOFTWARE INNOVATIONS PRIVATE LIMITED (hereinafter referred to as the "Company," "we," "our," or the "Platform").

These Terms and Conditions (hereinafter referred to as the "Terms") constitute a legally binding agreement between you and us, governing your access to and use of the KammaCash application and related services.

1.2 Acceptance of Terms

By downloading, installing, accessing, or using the Application, you confirm that:

You are at least 18 years of age and possess full legal capacity;

You are a resident of India;

You have read, understood, and agree to be bound by these Terms;

You agree to comply with all applicable Indian laws and regulations.

If you do not agree to any part of these Terms, please immediately cease using the Application.

1.3 Statement on Platform Nature

Our Role:

KAMMA SOFTWARE INNOVATIONS PRIVATE LIMITED is a pure technology platform provider, responsible for the development, maintenance, day-to-day operations, user technical support, and customer service assistance of the Application. However, we do not directly provide loan funds, nor do we participate in credit approval decisions.

Role of Loan Providers:

All loan products displayed on this Platform are offered by our NBFC partners (Non-Banking Financial Companies registered in India and holding valid certificates of registration from the Reserve Bank of India). Partner information will be clearly disclosed during the loan application process.

Partner NBFC Name: Pushpak Fincap Private Limited

CIN: U45201DL2002PTC115680

Address: 404 Pratap Chamber, Gurudwara Road, Karol Bagh, New Delhi 110005

The NBFC partner independently assumes responsibility for:

Loan product design and pricing;

Credit assessment and risk analysis;

Loan approval, rejection, and fund disbursement;

Repayment processing, account management, and collection activities;

Compliance with all applicable financial regulations and RBI guidelines.

Limitation of Liability: We act solely as a technology and platform connector. We do not directly provide loans and do not assume legal liability for loan decisions.

2. Eligibility Criteria

To use our services, you must satisfy all of the following conditions:

Age Requirement: At least 18 years of age;

Residency Requirement: A resident of India;

Income Requirement: Possess a stable source of income;

Credit History: Maintain a good credit history (as assessed by the NBFC partner);

Documentation Requirement: Able to provide valid identity and income verification documents.

3. Description of Services

3.1 Scope of Services

KammaCash provides the following digital services:

Online loan application and submission;

Secure document upload and verification;

Real-time tracking of loan application status;

In-app customer support;

Repayment schedule viewing and online repayment.

3.2 Loan Product Details

The loan products offered through this Platform have the following key features:

Minimum Loan Amount: ₹3,000;

Maximum Loan Amount: ₹100,000;

Minimum Tenure: 3 months;

Maximum Tenure: 12 months;

Annual Interest Rate Range: 18% – 30%.

The actual approved amount, tenure, and interest rate will be determined based on your credit score, income level, employment stability, and the NBFC partner's risk assessment model.

3.3 Fee Structure

Loans may involve the following fees (specific amounts will be set out in the loan disclosure document and Key Fact Statement):

Service fees (such as processing fees, credit inquiry fees, risk review fees, technology service fees);

Goods and Services Tax (GST, as applicable under Indian tax laws);

Late payment penalties or delay charges arising from overdue repayments.

All fees must be itemized in the Key Fact Statement, and no fees not listed in the Key Fact Statement may be charged to the borrower.

3.4 Service Limitations

We reserve the right to modify, suspend, or discontinue any service feature at any time, provided that we will give prior notice for material changes. We do not make absolute guarantees regarding the continuity, timeliness, or security of the services.

4. User Accounts

4.1 Account Registration

You are required to:

Download the KammaCash application;

Provide accurate, complete, and up-to-date personal information.

4.2 Account Security

You are responsible for:

Protecting your login credentials (mobile number and One-Time Password/OTP);

Preventing unauthorized access to your account;

Notifying us promptly of any suspicious or unauthorized use;

Logging out securely after each session.

4.3 Accuracy of Information

All information you provide must be truthful, accurate, and not misleading. If we discover that information is false or involves fraudulent activity, we reserve the right to suspend or terminate your account.

5. Loan Application Process

5.1 Application Steps

The loan application process consists of the following steps:

Download and register on KammaCash;

Complete personal, employment, and financial information;

Upload required identity and income verification documents;

Submit the loan application;

Credit assessment conducted by the NBFC partner;

Receive notification of the approval decision;

If approved, electronically sign and confirm the loan agreement;

Loan amount disbursed to your designated bank account.

5.2 Processing Times

Approval Time: Typically completed within 24 hours, with express approvals as fast as 1–5 minutes;

Disbursement: Within 24–48 hours after approval.

Actual times may vary depending on the completeness of the application, verification processes, and bank processing times.

5.3 Application Status Tracking

You may view your application progress, assessment results, and loan terms in real time through the Application, and receive status update notifications.

6. Repayment Terms

6.1 Repayment Obligation

You are responsible for repaying all amounts due on time and in accordance with the schedule set out in the loan agreement. Repayments must be initiated and made manually by you.

6.2 Repayment Schedule

A detailed repayment schedule (including principal and interest) will be set out in the loan disclosure document and Key Fact Statement, and will be sent to your registered email or mobile number upon execution of the loan agreement.

6.3 Consequences of Default

Failure to repay on time may result in:

Accrual of late payment penalties or delay charges;

Decrease in your credit score;

Collection actions;

Legal proceedings.

The specific consequences shall be as set out in the loan disclosure document.

6.4 Prepayment and Cooling-Off Period

You are entitled to an initial cooling-off period (no less than 1 working day), during which you may withdraw from the loan by repaying only the principal and prorated interest, without incurring any penalty. Refunds and prepayment after the cooling-off period shall be governed by applicable rules.

7. Fee Transparency Principle

We commit to:

Disclosing all fees during the loan application process;

Clearly listing all fees in the Key Fact Statement;

Not charging any hidden fees.

8. Privacy and Data Protection

8.1 Privacy Policy

Our processing of your personal information is governed by a separate KammaCash Privacy Notice. Please read it carefully.

8.2 Authorization for Information Use

You agree that we and our NBFC partners may:

Use your information for credit assessment and risk analysis;

Share information with Credit Information Companies;

Share necessary information with third-party service providers for the purpose of providing services;

Disclose information when required by law.

8.3 Credit Information Sharing

You specifically agree that:

Your loan information may be shared with partner NBFCs and Credit Information Companies;

Your repayment behavior will affect your credit score;

Default may negatively impact your credit record.

9. User Obligations and Prohibited Conduct

9.1 User Obligations

You agree to:

Provide truthful, accurate, and complete information;

Update your personal information promptly;

Repay all amounts due on time;

Comply with all applicable laws and regulations;

Protect the security of your account.

9.2 Prohibited Conduct

You shall not:

Provide false or misleading information;

Impersonate another person or use another person's documents;

Engage in fraudulent activities;

Circumvent security measures;

Use the Application for illegal purposes;

Interfere with or disrupt the services;

Access another person's account without authorization.

10. Intellectual Property

The Application, website, logos, content, and related intellectual property rights are owned by the Company;

You are granted a limited, non-exclusive, non-transferable personal use license;

You may not copy, modify, distribute, or create derivative works without prior written permission.

11. Limitation of Liability

The services are provided on an "as is" and "as available" basis, without any express or implied warranties;

To the maximum extent permitted by law, the Company shall not be liable for indirect, incidental, special, consequential, or punitive damages;

The Company shall not be liable for loss of profits, data loss, service interruptions, unauthorized access, or third-party conduct.

12. Indemnification

You agree to indemnify and hold the Company and its affiliates harmless from any claims, damages, and expenses arising out of or relating to your breach of these Terms, your use of the services, or your violation of any third-party rights.

13. Termination

13.1 Right to Terminate

We reserve the right to terminate or suspend your access to the services at any time, for reasons including but not limited to:

Breach of these Terms;

Fraud or suspicious activity;

Legal requirements;

Prolonged inactivity.

13.2 Consequences of Termination

Upon termination:

Your right to access the services ceases immediately;

You remain liable for all outstanding loan amounts;

We may retain your information in accordance with applicable law.

14. Dispute Resolution

14.1 Amicable Resolution

Any dispute shall first be resolved through friendly negotiations between the parties. If the dispute cannot be resolved within 30 days, it shall be resolved in accordance with the provisions set out in this section.

14.2 Arbitration

If negotiations fail, the dispute shall be referred to arbitration before a sole arbitrator appointed in accordance with the Indian Arbitration and Conciliation Act, 1996.

Venue of Arbitration: Delhi;

Language of Arbitration: English.

14.3 Courts of Competent Jurisdiction

Disputes involving intellectual property or injunctive relief may be subject to the exclusive jurisdiction of the courts in Delhi.

15. General Provisions

Entire Agreement: These Terms, together with the Privacy Notice and Loan Product Disclosure Documents, constitute the entire agreement;

Severability: Invalid provisions shall be modified to the minimum extent necessary, and the remaining provisions shall remain effective;

Force Majeure: We shall not be liable for events beyond our reasonable control (such as natural disasters, war, governmental actions, cyberattacks, etc.);

Waiver: Failure to enforce a right does not constitute a waiver;

Assignment: You may not assign your rights or obligations without our prior written consent; we may assign them at our discretion;

Notices: May be sent via in-app notifications, SMS, email, or website announcements;

Language: The English version shall prevail.

16. Right to Amend

We reserve the right to amend these Terms at any time. Material changes will be notified to you through the Application before they take effect. Your continued use of the services constitutes your acceptance of the amended Terms.

17. Contact Information

Company Name: KAMMA SOFTWARE INNOVATIONS PRIVATE LIMITED

Application Name: KammaCash

Customer Support Email: info@kammasoftware.com

Official Website: https://www.kammasoftware.com/

Version Date: July 10, 2026