FundEzy – User Agreement
Last updated: Dec 08, 2025
This User Agreement governs your rights and responsibilities when using FundEzy.
1. Acceptance of Terms
By installing or using FundEzy, you agree to:
- These Terms
- Privacy Policy
- Refund Policy
- Dispute Policy
If you disagree, uninstall the app immediately.
2. Role of FundEzy
FundEzy is a digital facilitator. It:
- Enables users to form chit groups
- Provides secure payment processing
- Helps manage auctions, payouts, and schedules
FundEzy is NOT:
- A bank
- A finance company
- A guarantor of funds
- Responsible for user defaults
3. User Obligations
You agree to:
- Provide accurate KYC details
- Make timely contributions
- Not misrepresent identity
- Not cheat, commit fraud, or manipulate auctions
- Not threaten or abuse other members
- Use the app legally and responsibly
4. Member Defaults
If a user misses payments:
- They may be barred from auctions
- Their payout will be withheld
- They may be expelled from the group
- Recovery actions may be initiated
FundEzy is not financially responsible for defaults but may mediate.
5. Auctions & Payouts
- Auctions are algorithmically driven or scheduled
- Winning amounts may vary based on bids
- FundEzy reserves the right to cancel unfair or fraudulent bids
6. Termination of Account
FundEzy may suspend or delete accounts for:
- Fraudulent activity
- Repeated defaults
- KYC mismatch
- Harassment or threats
- Misuse of the platform
Users may also request voluntary account closure.
7. Limitation of Liability
FundEzy is not liable for:
- User disputes
- Payment delays due to banks
- Loss of data or profits
- Defaults by group members
- Technical issues beyond control
Maximum liability (if any) is limited to platform fees paid.
8. Governing Law
This agreement is governed by Indian law, with exclusive jurisdiction in Bengaluru, Karnataka.