Terms & Conditions

TERMS & CONDITIONS

This document (hereinafter referred to as “Terms & Conditions”) is an electronic record in terms of existing and applicable the Information Technology laws and its allied rules, regulations, directions and guidelines thereto pertaining to electronic records in various allied statutes to the Bangladesh Information and Communication Technology Act 2006 (“ICT Act 2006”). This electronic record has been generated by a computer system and does not require any authentication.

 

“Rthik Fintech Solutions Limited” (hereinafter referred to as “Rthik / Rthik.com / www.rthik.com / we / our / us”) has been constitute as a private limited company under the applicable law of the land as one of the largest online financial aggregator/marketplace company in Bangladesh, which will assists it’s consumers to select the best financial institution by comparing the features of various financial products and services offered by different financial institutions of the country through it’s innovative & versatile comparing engine. As well as Rthik platform helps to find the easiest way to check eligibility of availing the financial products/services through basic eligibility criteria. Moreover, Rthik act like a digital agent by generating business leads for the Bank/NBFI’s through forwarding consumers application to the respective Bank / NBFI’s. It is mentionable here that, Rthik has not constitute as a Bank / NBFI, and does not provide any kinds of financial products/services to the consumers, and does not insist/influence to take any financial decision to the consumers.

 

Viewers / users / consumers / customers may visit and / or uses of Rthik platform subject to the below mentioned terms & conditions under a legal agreement between Rthik and it’s viewers/users/consumers/customers. Be sure to return to this platform periodically to review the most current version of the T&C. We reserve the rights at our sole discretion, to change or otherwise modify this T&C without prior notice, and your continued access or use of this platform signifies your acceptance of this T&C.

 

PLEASE READ THESE TERMS AND CONDITIONS CAREFULLY. YOUR ACCEPTANCE OF TERMS CONTAINED HEREIN CONSTITUTES THE AGREEMENT BETWEEN YOU AND THE RTHIK FOR THE PURPOSE AS DEFINDED HEREUNDER.

 

A.       Service Description & Acceptance:

Rthik, hereby offers you with access to information primarily about certain financial products/services including, but not restricted, borrowing products, investment products and credit cards provided by Bank/NBFI’s. In addition, we may provide some other third party products/services to retrieve and use your information through third party sites (eg. bank sites etc.) in conjunction with your selection of the services ("ancillary services"). The above said services and ancillary services are provided on a commercially reasonably effort basis and you agree that your participation for availing the above-mentioned services is purely at your will and consent. It is mentionable here that, Rthik has not constitute as a Bank/NBFI, and does not provide any kinds of financial products/services by it’s own to the consumers, and does not insist/influence to take any financial decision to the consumers.

 

Your continued usage of the Services and ancillary services from time to time would also constitute acceptance of the terms including any updating or modification thereof and you would be bound by this Agreement until this Agreement is terminated as per provisions defined herein.

 

You agree and authorize Rthik to share your information with the Bangladeshi Bank/NBFI’s and other third parties connected with us. You also agree to receive communications through emails, telephone and/or SMS, from the Rthik or its third party vendors/business partners/marketing affiliates regarding the services/ancillary services updates, information/promotional emails and/or product announcements. Rthik will retain and use your information as necessary to comply with our legal obligations, resolve disputes and enforce our agreements entered into for providing services and ancillary services.

 

B.       Your Registration / Account:

In consideration of your use of the Rthik platform and registering with us, you represent that you are of legal age to form a binding contract and are not a person barred from receiving services under the laws of Bangladesh or other applicable jurisdiction and will only use this platform to make legitimate purchases for you or for another person for whom you are legally authorized to act (and will inform such other persons about the Terms & Conditions and/or Privacy Policy) that apply to the purchase you have made on their behalf (including all rules and restrictions applicable thereto).

 

You agree and understand that you are solely responsible for maintaining the confidentiality of your password which, together with your login ID (as may be applicable in accordance with the service selected), allows you to access the Service. That login ID and password, together with any mobile number or other contact information you provide, form your ("Registration Information"). You agree that you are responsible for maintaining the confidentiality of your login ID and password, and for restricting access to your computer. You agree to accept responsibility for all activities that occur through your account or password. Because of this, we strongly recommend that you exit/logout from your account at the end of each session. You agree to notify Rthik immediately of any unauthorized use of your account or any other breach of security. You further agree that Rthik shall not be liable for any unauthorized use or access, unless it is proved that the unauthorized use or access occurred solely due to reasons directly attributable to Rthik.

 

You shall provide true, accurate, current and complete information about yourself and undertake to inform/update of any change in your Registration Information promptly and keep it up-to-date and accurate at all times, as it has a direct bearing on the provision of services and ancillary services by or through Rthik. You agree not to misrepresent your identity nor will you make an attempt to make an unlawful access to this platform or use of the services.

 

C.       Privacy Policy:

By viewing/using the Rthik platform, you hereby consent to the use of your information as we have outlined in our Privacy Policy. This Privacy Policy explains how we treats your information when you access/use this platform and use other ancillary services.

 

D.       Eligibility:

You declare and confirm that you are a resident of Bangladesh and above 18 (eighteen) years of age, and have the capacity to contract as specified under the applicable law of Bangladesh, while availing any products/services offered by Rthik.

 

You understands and agrees that any transaction for any financial products/services is between you and Bank/NBFI’s are fully depends on you and Bank/NBFI’s discretion. You may not be eligible for any or all of the financial products/services appearing on the Rthik platform, or for the rates appearing on the platform, and the Bank/NBFI’s. Moreover, Rthik is not responsible for approving or denying any application for any financial products/services which is under the sole discretion of respective Bank/NBFI.

 

E.       Access of Rthik Platform:

You acknowledge and agree that you may visit/use the Rthik platform under this Terms & Conditions and/or Privacy Policy.

 

You acknowledge and agree that Rthik reserves all legal rights, title and interest in and to the services, including any intellectual property rights which subsist in the services (whether those rights are registered or not). You further acknowledge that the products/services may contain information which is designated confidential by Rthik and that you shall not disclose such information without Rthik`s prior written consent. The contents of the Rthik platform, including its "look and feel" (e.g. text, graphics, images, logos and button icons), photographs, editorial content, notices, software and other material are the owned/licensed by/to Rthik and/or Bank/NBFI’s/their licensors and are duly protected by them under applicable copyright, trademark and other laws.

 

F.       Limitation of Liability:

You expressly understand and agree that the Rthik (including its subsidiaries, affiliates, directors, officers, employees, representatives and providers) shall not be liable for any direct, indirect, incidental, special, consequential or exemplary damages, including but not limited to damages for loss of profits, opportunity, goodwill, use, data or other intangible losses, even if Rthik has been advised of the possibility of such damages, resulting from:

 

(a)  Your use of or your inability to use this website.

(b)  Errors, mistakes, or inaccuracies in the materials on the website.

(c)  Personal injury or property damage of any kind whatsoever arising from or relating to your use of the service, any bugs, viruses, trojan horses, or any other files or data that may be harmful to computer or communication equipment or data that may have been transmitted to or through the website.

(d)   Any errors or omissions in any material on the website or materials provided by banks/financial institutions, or any other loss or damage of any kind arising from or relating to your use of the website.

 

Rthik has no control over the third party websites which would be provided to you through its platform. You acknowledge and agree that under no circumstance shall the Company be liable for your using the services offered or provided by any third party service provider.

 

G.      Indemnity:

You agree to indemnify and hold Rthik (including its subsidiaries, affiliates, directors, officers, employees, representatives and providers) harmless from any and against any claims, causes of action, demands, recoveries, losses, damages, fines, penalties or other costs or expenses of any kind or nature, including reasonable attorneys' fees, or arising out of or related to your breach of this Terms & Conditions, your violation of any law or the rights of a Bank/NBFI’s, or your use of the platform.

 

H.       Advertising:

Rthik may use third-party advertising companies and/or ad agencies to serve ads when you visit our platform. These companies may use information (excluding your name, address, email address, or telephone number) about your visits to this platform in order to provide advertisements on this platform and other third party websites about goods and services that may be of interest to you.

 

We use third-party service providers to serve ads on our behalf across the internet and sometimes on this platform. They may collect anonymous information about your visits to website, and your interaction with our products and services. They may also use information about your visits to this and other websites for targeted advertisements for goods and services. This anonymous information is collected through the use of a pixel tag, which is industry standard technology used by most major websites. No personally identifiable information is collected or used in this process.

 

You also acknowledge and agree that the Rthik platform may contain advertisements for Bank/NBFI’s financial products/services and other third-parties products/services. If you elect to have any business dealings with a vendor or other Bank/NBFI’s whose products or services may be advertised on this platform, you acknowledge and agree that such dealings are solely between you and such advertiser and you further acknowledge and agree that Rthik shall not have any responsibility or liability for any losses or damages that you may incur as a result of any such dealings. You shall be responsible for obtaining access to the website and acknowledge that such access may involve Bank/NBFI’s fees (such as Internet service provider access or data fees). You shall be solely responsible for any such fees and also for obtaining any equipment that is required to access the website. It is your responsibility to ascertain whether any information or materials downloaded from the website are free of viruses, worms, Trojan Horses, or other items of a potentially destructive nature.

 

I.         Release:

Because we do not supervise or control interactions between users and Bank/NBFI’s, and because we have very limited control, if any, over the legality, truthfulness or accuracy of various aspects of the website or services, you agree that you bear all risk and you agree to release Rthik (and their directors, shareholders, agents, employees, affiliates, subsidiaries, and Bank/NBFI’s) (actual and consequential) of every kind and nature, known and unknown, suspected and unsuspected, disclosed and undisclosed, now and in the future, arising out of or in any way connected with your use of the services, your interactions and transactions with Bank/NBFI’s and our resolution of any disputes between Users.

 

J.        Additional Terms & Conditions:

Rthik reserves the right to make changes to it’s platform, related policies and agreements, this Terms & Conditions and the Privacy Policy at any time as it deems fit and proper, including but not limited to comply with changes in law or regulation, correct inaccuracies, omissions, errors or ambiguities, reflect changes in the process flow, scope and nature of the Services and ancillary services, company re-organization, market practice or customer requirements. Upon any change, Rthik will notify the updated Terms on this platform or other means. Your continued use of the products/services and ancillary services constitutes acceptance of the changes and an agreement to be bound by terms, as amended. If you do not agree to the changes, you may please discontinue your use of the products/services and ancillary Services.

 

Rthik reserves the right to discontinue or suspend, temporarily or permanently, the products/services including ancillary services, by giving reasonable time period notice, on a best effort basis, unless it is merely to change certain features/contents of the services and/or sebsite or maintain the security and integrity of the services. You agree that Rthik will not be liable to you in any manner whatsoever for any modification or discontinuance of the services.

 

You agree not to use the products/services and ancillary services for illegal purposes or for the transmission of material that is unlawful, harassing, libelous (untrue and damaging to others), invasive of another's privacy, abusive, threatening, or obscene, or that infringes the rights of other.

 

K.       Termination:

Rthik may, under certain circumstances and without prior notice, immediately terminate your ability to access this platform or portions thereof. Cause for such termination shall include, but not be limited to:

 

(a)  Breaches or violations of these terms of use or any other agreement that you may have with Rthik.

(b)  Requests by law enforcement or other government agencies.

(c)  A request by you.

(d)  Unexpected technical, security or legal issues or problems.

(e)  Participation by you, directly or indirectly, in fraudulent or illegal activities. Termination of your access to this platform may also include removal of some or all of the materials uploaded by you to this platform. You acknowledge and agree that all terminations may be made by Rthik in its sole discretion and that Rthik shall not be liable to you or any Bank/NBFI’s for any termination of your access to this website or for the removal of any of the materials uploaded by you to this platform.