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DISCLAIMER

In order to adequately secure its interests, SAVENSA Business Solutions Pvt. Ltd. may consider undertaking the following actions:

  • Entering into a non-disclosure agreement (NDA) with each customer to protect the interests of the customer and SAVENSA Business Solutions Pvt. Ltd. (regarding the policies/ commercials of SAVENSA Business Solutions Pvt. Ltd.).
  • Specifying an exception to the obligations of SAVENSA Business Solutions Pvt. Ltd. under the NDA regarding disclosure of customer-information to Statutory Authority/Government/any Quasi-Judicial Bodies etc. in the event that such authorities seek information of any customer from SAVENSA Business Solutions Pvt. Ltd..
  • Standardizing a Questionnaire to obtain the required information from every customer.
  • Prevention of misuse/ tampering/ leakage of customer information into public domain (make Read only Files/Documents).
  • It is important for SAVENSA Business Solutions Pvt. Ltd. to impose non-disclosure obligations on the customers as well. This is because the Rate of Interest, Source of Loans, Margin Money details, etc., shall be client-specific and may differ from one client to another (This will act as a safety-net in case a competitor approaches the court/commission for redressal of grievance under Competition Act, 2002).
  • Specifying that the Privacy Policy of SAVENSA Business Solutions Pvt. Ltd. is governed by Indian Law and subject to the jurisdiction of the courts in Bangalore.
  • Obtaining authorization from customers/ prospective customers for SAVENSA Business Solutions Pvt. Ltd. to fulfil its statutory obligations, disclose any customer information as sought by CIBIL, and publish the same on the website of SAVENSA Business Solutions Pvt. Ltd. or CIBIL.
  • Obtaining authorization from customers/ prospective customers for SAVENSA Business Solutions Pvt. Ltd. to publish the List of Defaulters on a periodic basis as and when sought/requisitioned by any/all Statutory Authority(ies). Further, the customer shall not prevent SAVENSA Business Solutions Pvt. Ltd. from making such publication either during the pendency of the contract (between SAVENSA Business Solutions Pvt. Ltd. and the customer) or even after the termination of the same (either voluntarily/through efflux of time/through Court Order/order of any Statutory Authority, whichever is later).
  • Obtaining authorization from customers/ prospective customers for SAVENSA Business Solutions Pvt. Ltd. to maintain all information pertaining to the customer for a minimum period of 7 years or for any such period as prescribed under law and as amended from time to time.
  • Specifying in the NDA that SAVENSA Business Solutions Pvt. Ltd. shall not be either directly or indirectly responsible/ liable for any acts of omission/ commission committed by the Lenders or Borrowers of such loans either distributed or agreed to be distributed, at any point of time.




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Locations Serviced
  • Mysuru
  • Bengaluru
  • Mandya
  • Maddur
  • Ramnagar
  • Madikeri
  • Hassan
  • Tumkur
  • Chamrajnagar
Authorised channel partners
  •   HDFC Bank Ltd.
  •   Axis Bank Ltd.
  •   Bajaj Finance Ltd.
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