Terms of Usage & Platform Agreement
Applicable to Borrowers, DSA Channel Partners, and Platform Visitors
1. Acceptance of Terms & Digital Signatures
By accessing or using the web application, APIs, or portals operated by HEUTE & MORGEN ASSETS PVT LTD, you agree to be bound by these Terms of Usage under the Indian Contract Act, 1872 and the Information Technology Act, 2000.
Electronic acceptance via OTP, Aadhaar e-Sign, or check-box verification shall constitute legally binding and admissible execution.
2. Role as Lending Service Provider (LSP)
You acknowledge and understand that H&M Assets operates as a Corporate DSA and Lending Service Provider (LSP). The final loan underwriting, sanction, credit limit determination, and loan agreement execution are governed by our regulated Lending Partners (ICICI Bank, HDFC Bank, Kotak Mahindra Bank, Shriram Finance, Chola Finance, IKF Finance).
3. Key Fact Statement (KFS) & Cooling-Off Rights
Every borrower is entitled to an auditable KFS indicating the exact APR, fees, and charges. Borrowers maintain a statutory 3-day cooling-off window during which the loan can be exited with zero prepayment penalty.
4. Sub-DSA Partner Code of Conduct
Sub-DSA partners must provide accurate borrower information, obtain explicit DPDP consent before creating leads, refrain from charging unauthorized upfront cash fees from borrowers, and adhere to H&M Assets payout reconciliation schedules.
5. Governing Law & Arbitration Jurisdiction
These Terms shall be governed by and construed in accordance with the substantive laws of India. Any dispute arising out of or in connection with this agreement shall be subject to the exclusive jurisdiction of the competent courts in Lucknow, Uttar Pradesh, India.