Terms & Conditions

📜 Introduction

This document is an electronic record in terms of Information Technology Act, 2000 and 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.

This document is published in accordance with the provisions of Rule 3 (1) of the Information Technology (Intermediaries guidelines) Rules, 2011 that require publishing the rules and regulations, privacy policy and Terms of Use for access or usage of domain name https://banking.mydmoney.com/ ('Website'), including the related mobile site and mobile application (hereinafter referred to as 'Platform').

✅ Acceptance of Terms

Your use of the Platform and services and tools are governed by the following terms and conditions ("Terms of Use") as applicable to the Platform including the applicable policies which are incorporated herein by way of reference.

If You transact on the Platform, You shall be subject to the policies that are applicable to the Platform for such transaction. By mere use of the Platform, You shall be contracting with the Platform Owner and these terms and conditions including the policies constitute Your binding obligations with Platform Owner.

These Terms of Use relate to your use of our website, goods (as applicable) or services (as applicable) (collectively, 'Services'). Any terms and conditions proposed by You which are in addition to or which conflict with these Terms of Use are expressly rejected by the Platform Owner and shall be of no force or effect.

📖 Definitions

For the purpose of these Terms of Use, wherever the context so requires:

• 'You', 'Your' or 'User' shall mean any natural or legal person who has agreed to become a user/buyer on the Platform
• 'Platform Owner', 'We', 'Us', 'Our' shall mean Myd Money Bill Payment
• 'Platform' shall mean the website, mobile site, and mobile application at https://banking.mydmoney.com/
• 'Services' shall mean the services provided through the Platform

📋 Terms of Use

The use of Platform and/or availing of our Services is subject to the following Terms of Use:

1. Account Registration: To access and use the Services, you agree to provide true, accurate and complete information to us during and after registration, and you shall be responsible for all acts done through the use of your registered account on the Platform.
2. No Warranties: Neither we nor any third parties provide any warranty or guarantee as to the accuracy, timeliness, performance, completeness or suitability of the information and materials offered on this website or through the Services, for any specific purpose. You acknowledge that such information and materials may contain inaccuracies or errors and we expressly exclude liability for any such inaccuracies or errors to the fullest extent permitted by law.
3. Use at Your Own Risk: Your use of our Services and the Platform is solely and entirely at your own risk and discretion for which we shall not be liable to you in any manner. You are required to independently assess and ensure that the Services meet your requirements.
4. Intellectual Property: The contents of the Platform and the Services are proprietary to us and are licensed to us. You will not have any authority to claim any intellectual property rights, title, or interest in its contents. The contents include and are not limited to the design, layout, look and graphics.
5. Unauthorized Use: You acknowledge that unauthorized use of the Platform and/or the Services may lead to action against you as per these Terms of Use and/or applicable laws.
6. Payment: You agree to pay us the charges associated with availing the Services.
7. Lawful Use: You agree not to use the Platform and/or Services for any purpose that is unlawful, illegal or forbidden by these Terms, or Indian or local laws that might apply to you.
8. Third Party Links: You agree and acknowledge that the website and the Services may contain links to other third party websites. On accessing these links, you will be governed by the terms of use, privacy policy and such other policies of such third party websites. These links are provided for your convenience to provide further information.
9. Binding Contract: You understand that upon initiating a transaction for availing the Services you are entering into a legally binding and enforceable contract with the Platform Owner for the Services.

⚖️ Indemnification

You shall indemnify and hold harmless Platform Owner, its affiliates, group companies (as applicable) and their respective officers, directors, agents, and employees, from any claim or demand, or actions including reasonable attorney's fees, made by any third party or penalty imposed due to or arising out of:

• Your breach of these Terms of Use
• Your breach of the Privacy Policy and other Policies
• Your violation of any law, rules or regulations
• Your violation of the rights of a third party (including infringement of intellectual property rights)

🛡️ Limitation of Liability

Notwithstanding anything contained in these Terms of Use, the parties shall not be liable for any failure to perform an obligation under these Terms if performance is prevented or delayed by a force majeure event.

🏛️ Governing Law and Jurisdiction

🔄 Modifications to Terms

We reserve the right to modify these Terms of Use at any time without prior notice. Changes will be effective immediately upon posting on the Platform. Your continued use of the Platform following the posting of changes constitutes your acceptance of such changes.

👤 User Responsibilities

As a user of the Platform, you are responsible for:

• Maintaining the confidentiality of your account credentials
• All activities that occur under your account
• Ensuring that your use of the Platform complies with applicable laws
• Providing accurate and up-to-date information
• Notifying us immediately of any unauthorized use of your account
• Not sharing your account with any third party
• Using the Platform only for lawful purposes

🚫 Prohibited Activities

You are expressly prohibited from:

• Using the Platform for any illegal or unauthorized purpose
• Violating any laws in your jurisdiction
• Infringing upon or violating our intellectual property rights or the intellectual property rights of others
• Harassing, abusing, or harming another person
• Submitting false or misleading information
• Uploading or transmitting viruses or any other type of malicious code
• Attempting to gain unauthorized access to the Platform or related systems
• Engaging in any data mining, data harvesting, or similar activities
• Using the Platform in a way that could damage, disable, or impair the Platform

⛔ Termination

We may terminate or suspend your account and access to the Platform immediately, without prior notice or liability, for any reason whatsoever, including without limitation if you breach these Terms of Use.

Upon termination, your right to use the Platform will immediately cease. If you wish to terminate your account, you may simply discontinue using the Platform or contact our customer service.

📞 Contact Information

All concerns or communications relating to these Terms must be communicated to us using the contact information provided below.