1. ACCEPTANCE
By accessing www.e-bgx.com, you agree to these Terms.
2. NATURE OF BUSINESS
e-BGX is a technology-based financial services marketplace platform facilitating connection between applicants and financial institutions for issuance of Bank Guarantees.
The Company:
- Is NOT a bank
- Is NOT an NBFC
- Does NOT accept public deposits
- Does NOT issue Bank Guarantees directly
- Does NOT hold customer funds
3. USER ELIGIBILITY
You represent that:
- You are legally competent
- Information provided is true
- You have authority to act on behalf of your company
4. SERVICES PROVIDED
The Platform facilitates:
- Bank Guarantee comparison
- Quote discovery
- Application submission
- Documentation coordination
- Bank communication support
- Status tracking
Approval depends solely on the issuing bank.
5. USER OBLIGATIONS
User shall:
- Provide accurate documentation
- Not upload forged documents
- Not misuse platform
- Not attempt system breach
- Comply with AML laws
6. FEES & PAYMENTS
Platform may charge:
- Processing fee
- Service fee
- Technology fee
Bank charges are separate and payable directly to the bank.
Fees are non-refundable unless specified.
7. NO WARRANTY
Company makes no warranty regarding:
- Approval of application
- Timelines
- Bank rates
- Credit decision
8. LIMITATION OF LIABILITY
Company shall not be liable for:
- Bank rejection
- Financial loss
- Delayed processing
- Third-party actions
- Regulatory changes
Maximum liability limited to fees paid to the platform.
9. INTELLECTUAL PROPERTY
All:
- Software
- Branding
- Logo
- UI/UX
- Source code
Belongs exclusively to POSTMAC VENTURES PRIVATE LIMITED.
10. TERMINATION
Company may suspend account for:
- Fraud
- Misrepresentation
- Legal violation
11. GOVERNING LAW
Laws of India apply.
Jurisdiction: Gurugram, Haryana courts.