This End User Agreement (the “Agreement”) is made between you (the “User” or “You”) and CarTrade
Tech Limited, a public limited company having its registered office at 12th Floor Vishwaroop IT
Park, Sector 30A, Vashi, Navi Mumbai 400705 (“Car Trade – CarTrade Tech Limited”, “Us” or “We”,
which term shall include its successors and permitted assigns). The User and Car Trade –
CarTrade Tech Limited shall be collectively referred to as the “Parties” and individually as a
You hereby consent to CarTrade – CarTrade Tech Limited being appointed as your authorised
representative to receive your Credit Information on an ongoing basis until the purpose of
CarTrade internally evaluating the Credit Information as well as sharing the Credit
Information with CarTrade’s lending partners who are Credit Institutions under the CICRA Act,
personalized offers and products(“End Use Purpose”) is satisfied or expiry of 6 months from date
the consent is collected; whichever is earlier.
BY EXECUTING THIS AGREEMENT / CONSENT FORM, YOU ARE EXPRESSLY AGREEING TO ACCESS THE EXPERIAN
CREDIT INFORMATION REPORT AND CREDIT SCORE, AGGREGATE SCORES, INFERENCES, REFERENCES AND DETAILS
(AS DEFINED BELOW)(TOGETHER REFERRED AS “CREDIT INFORMATION”). YOU HEREBY ALSO IRREVOCABLY AND
UNCONDITIONALLY CONSENT TO SUCH CREDIT INFORMATION BEING PROVIDED BY EXPERIAN TO YOU AND CAR
TRADE–CARTRADE TECH LIMITED BY USING EXPERIAN TOOLS, ALGORITHMS AND DEVICES AND YOU HEREBY
AGREE, ACKNOWLEDGE AND ACCEPT THE TERMS AND CONDITIONS SET FORTH HEREIN.
Terms and Conditions:
Information Collection, Use, Confidentiality, No-Disclosure and Data Purging
Car Trade – CarTrade Tech Limited shall access
your Credit Information as your authorized representative and Car Trade – CarTrade Tech Limited shall use the Credit Information for
limited End Use Purpose consisting of and in relation to the services proposed to be availed by you from
Car Trade – CarTrade Tech Limited. We shall not aggregate, retain, store, copy,
reproduce, republish, upload, post, transmit, sell or rent the Credit Information to any other person
and the same cannot be copied or reproduced other than as agreed herein and in furtherance to
applicable law including the CICRA.
The Parties agree to protect and keep confidential the Credit
Information both online and offline.
The Credit Information shared by you, or received on by us on your behalf shall
be destroyed, purged, erased immediately upon the completion of the transaction/ End Use
Purpose for which the Credit Information report was procured, this period not being
longer than 6 months.
Governing Law and Jurisdiction
The relationship between you and Car Trade – CarTrade Tech
Limited shall be governed by laws of India and all claims or disputes arising there
from shall be subject to the exclusive jurisdiction of the courts of Mumbai.
Capitalised terms used herein but not defined above shall have the following meanings:
“Business Day” means a day (other than a public
holiday) on which banks are open for general business in Mumbai.
“Credit Information Report”means the credit
information / scores/ aggregates / variables / inferences or reports
which shall be generated by Experian;
“Credit Score” means the score which
shall be mentioned on the Credit Information Report which shall be computed by Experian.
“CICRA” shall mean the Credit Information
Companies (Regulation) Act, 2005 read with the Credit Information Companies Rules, 2006
and the Credit Information Companies Regulations, 2006, and shall include any other rules
and regulations prescribed thereunder.
PLEASE READ THE ABOVE MENTIONED TERMS AND CONDITIONS AND CLICK ON “SUBMIT” FOLLOWED BY THE
LINK BELOW TO COMPLETE THE AUTHORISATION PROCESS/ FOR SHARING OF YOUR CREDIT INFORMATION BY
EXPERIAN WITH CAR TRADE – CARTRADE TECH LIMITED IN ITS CAPACITY AS YOUR AUTHORISED REPRESENTATIVE.
BY CLICKING ON "SUBMIT" YOU AGREE AND ACCEPT THE DISCLAIMERS AND TERMS AND CONDITIONS SET OUT