Terms of Use

The following are terms of a legal agreement between you and Vider Business Solutions Private Limited.

By accessing, browsing and/or using this web site, you acknowledge that you have read, understood, and agree, to be bound by these terms and to comply with all applicable laws and regulations. If you do not agree to these terms, do not use this web site or any other products of Vider Business Solutions Private Limited.

This Web site may contain other proprietary notices and copyright information, the terms of which must be observed and followed. Information on this Web site may contain technical inaccuracies or typographical errors. Information may be changed or updated without notice. Vider business solutions and its products may also make improvements and/or changes in the products and/or the programs described in this information at any time without notice.

Vider Business Solutions Private Limited assumes no responsibility regarding the accuracy of the information that is provided by herein and use of such information is at the recipient's own risk. Vider Business Solutions Private Limited provides no assurances that any reported problems may be resolved with the use of any information that Vider Business Solutions Private Limited provides. By furnishing information, Vider Business Solutions Private Limited does not grant any licences to any copyrights, patents or any other intellectual property rights.

Vider Business Solutions Private Limited does not want to receive confidential or proprietary information from you through our Website. Please note that any information or material sent to Vider Business Solutions Private Limited will be deemed NOT to be confidential. By sending Vider Business Solutions Private Limited any information or material, you grant Vider Business Solutions Private Limited an unrestricted, irrevocable licence to use, reproduce, display, perform, modify, transmit and distribute those materials or information, and you also agree that Vider Business Solutions Private Limited is free to use any ideas, concepts, know-how or techniques that you send us for any purpose. However, we will not release your name or otherwise publicise the fact that you submitted materials or other information to us unless: (a) we obtain your permission to use your name; or (b) we first notify you that the materials or other information you submit to a particular part of this site will be published or otherwise used with your name on it; or (c) we are required to do so by law.

1. International and National Availability

Information Vider Business Solutions Private Limited publishes on the World Wide Web may contain references or cross-references to Vider Business Solutions Private Limited products, programs, and services that are not announced or available in your country/region/state. Such references do not imply that Vider Business Solutions Private Limited intends to announce such products, programs or services in your area. Consult your local Vider Business Solutions Private Limited business contact for information regarding the products, programs, and services which may be available to you.

Vider Business Solutions Private Limited obligations with respect to its products and services are governed solely by the agreements under which they are provided. If you obtain a product or service from Vider Business Solutions Private Limited off this web site that is provided without an agreement, that product or service is provided "AS-IS" with no warranties whatsoever, express or implied, and your use of that product or service is at your own risk.

2. Data available from third party, company, and government departments

Vider Business Solutions Private Limited may provide an option to you to electronically import certain Income and Tax Information (e.g., Form 16 information) directly into your login. Vider Business Solutions Private Limited does not represent or guarantee that such automatic importing of certain Income and Tax Information will be available. While the imported Income and Tax Information may be used in connection with the preparation and filing of your tax return, Vider Business Solutions Private Limited is not responsible for verifying the accuracy of your Income-tax Information (whether imported or not), and you understand that it is solely your responsibility to review and confirm the accuracy of your Income and Tax Information prior to filing. If you use any of our online tax filing services, you acknowledge and understand that Vider Business Solutions Private Limited and its affiliates may have access to the imported Tax Information, which may be used for increasing service quality and improved tax filing.

3. Registration with the Income-tax Department and any other government website or government department

On logging in, you agree to be registered with the Income Tax Department's website through Vider Business Solutions Private Limited. You further agree to allow Vider Business Solutions Private Limited to have access to Information provided by the Income-tax Department to improve or customize the service. You further agree that we may request access to certain data from the Income-tax Department to improve service quality and speed. These accesses further may require us to give the Vider Business Solutions Private Limited email address for certain requests from the Income-tax Department that the Income-tax Department may give only on emails. You hereby agree to grant us an irrevocable right to use these services on your behalf with the ITD to get certain information to help you in filing your IT return, replying to notices, or other information that may be required for various services on the Vider Business Solutions Private Limited.

4. Use of and Access to the Platform

4.1. You agree to use the Platform only for lawful purposes, and that you are responsible, liable, and accountable for all activities that take place through your use of the Platform or availing the Services. We exclude any liability arising out of the use of the Platform.

4.2. You understand, accept and agree that the payment facility provided by us is neither a banking or financial service, but we merely act as a facilitator providing an electronic payment option, automated online electronic payment option, for the transactions on the Platform using the existing authorised banking infrastructure and the payment gateway/payment aggregator networks. Further, by providing payment facility, we are neither acting as trustees nor acting in a fiduciary capacity with respect to the transaction.

4.3. Service Level Terms: We will use commercially reasonable efforts to provide you the Platform. We will provide you with reasonable technical support services in accordance with our standard practices. We do not make any commitment that the Platform will be available at all times or during any down time (a) caused by outages to any public Internet backbones, networks or servers, (b) caused by any failures of your equipment, systems or local access services, (c) for previously scheduled maintenance, (d) caused by any third party vendor or service provider of the Company, (e) caused by any failure of systems or servers of any third party including that of the government and its authorities and/or financial institutions such as asset management companies or any financial intermediaries, (f) attributable to events such as strikes, riots, insurrection, fires, floods, explosions, war, governmental action, labor conditions, earthquakes, natural disasters, hacking, phishing or interruptions in Internet services to an area where the Company or its servers are located or co-located, or (g) required pursuant to instructions received by us from any governmental or regulatory authority.

4.4. Updates: From time to time, we may provide upgrades, patches, enhancements, or fixes for the Platform to you generally without additional charge and such updates will become part of the Platform and subject to the Terms. Notwithstanding the foregoing, we shall have no obligation under these Terms or otherwise to provide any such updates. You understand that the Company may cease supporting old versions or releases of the Platform at any time in its sole discretion.

4.5. By accessing or using the Platform or by availing Services, you agree not to:

4.5.1. host, display, upload, modify, publish, transmit, update or share any information (if provided with the functionality to do so on the Platforms) that:

(a) belongs to another person and to which the user does not have any right;

(b) is defamatory, obscene, pornographic, paedophilic, invasive of another’s privacy, including bodily privacy, insulting or harassing on the basis of gender, libellous, racially or ethnically objectionable, relating or encouraging money laundering or gambling, or otherwise inconsistent with or contrary to the laws of India;

(c) is harmful to minors;

(d) infringes any patent, trademark, copyright or other proprietary rights;

(e) violates any law for the time being in force;

(f) deceives or misleads the addressee about the origin of the message or knowingly and intentionally communicates any information which is patently false or misleading in nature but may reasonably be perceived as a fact;

(g) impersonates another person;

(h) threatens the unity, integrity, defence, security or Sovereignty of India, friendly relations with foreign States, or public order, or causes incitement to the commission of any cognizable offence or prevents investigation of any offence or is insulting any foreign states;

(i) contains software virus or any other computer code, file or program designed to interrupt, destroy or limit the functionality of any computer resource;

(j) is patently false and untrue, and is written or published in any form, with the intent to mislead or harass a person, entity or agency for financial gain or to cause any injury to any person.

4.5.2. violate the Terms or any law for the time being in force;

4.5.3. conduct or forward surveys, contests, pyramid schemes or chain letters involving the Services;

4.5.4. impersonate any person or entity, falsely claim or otherwise misrepresent your affiliation with any person or entity, or access the accounts of others without permission, forge another person’s digital signature, misrepresent the source, identity, or content of information transmitted via the Services, perform any other similar fraudulent activity;

4.5.5. infringe our or any third party’s patent, trademark, copyright or other intellectual property rights, proprietary rights, rights of publicity or privacy;

4.5.6. use the Services if you are under the age of 18 (eighteen) years;

4.5.7. post or transmit any message (if provided with the functionality to do so on the Platforms) which discloses private or personal matters concerning any person or, is grossly harmful, harassing, hateful and/or disparaging;

4.5.8. post or transmit (if provided with the functionality to do so on the Platforms) any message, data, image or program which is blasphemous, vulgar, or offensive in nature;

4.5.9. refuse to cooperate in an investigation or provide confirmation of your identity or any other information provided by you to us;

4.5.10. remove, circumvent, disable, damage or otherwise interfere with security-related features of the Platform and Services or features that enforce limitations on the use of the Services or the Platform;

4.5.11. reverse engineer, decompile, disassemble or otherwise attempt to discover the source code of the Services or Platform or any part thereof, except and only to the extent this is expressly permissible by applicable law;

4.5.12. use the Services or the Platform in any manner that could damage, disable, overburden, or impair it, including, without limitation;

4.5.13. using the Services or the Platform in an automated manner;

4.5.14. modify, adapt, translate or create derivative works based upon the Services and Platform or any part thereof, except and only to the extent that this is permissible by applicable law;

4.5.15. intentionally interfere with or damage the operation of the Services or the Platform or any other user’s enjoyment of it, by any means, including uploading or otherwise disseminating viruses, adware, spyware, worms, or other malicious code or files/programs with contaminating or destructive features or which are designed to interrupt, destroy or limit the functionality of any computer resource;

4.5.16. use any robot, spider, other automatic device, or manual process to monitor or copy the Platform without prior written permission;

4.5.17. take any action that imposes an unreasonably or disproportionately large load on our infrastructure/network;

4.5.18. use the facilities and capabilities of the Platform to conduct any activity or solicit the performance of any illegal activity or other activity which infringes the rights of others;

4.5.19. use the Platform to collect or obtain personal information, including without limitation, financial information, about other users of the Platform, except and only as expressly provided in the Terms;

4.5.20. use the Services in a manner that results in or may result in complaints, disputes, reversals, chargebacks, fees, fines, penalties, and other liability to us, a third party, or you.

5. Information

5.1. While we use commercially reasonable efforts to facilitate provisions of the information, information on compliance deadlines for filing various tax returns and other statutory forms, status of your investments, etc on the Platform, we are not responsible for any errors or omissions, or for the results obtained from the use of or reliance on this information. Specifically, certain links on the Platform may connect to other websites maintained by third parties over which we have no control. If you access such links, your use of the third-party websites will be governed by the policies of such websites. We encourage you to review the terms and policies of such websites.

5.2. Any information, information on compliance deadlines for filing various tax returns and other statutory forms; relevant tax-related news; and any other regulatory news made available through the Platform is for general guidance on matters of interest only. In particular, the impact of laws and regulations can vary widely based on the specific facts involved. Given the changing nature of laws, rules, and regulations, and the inherent hazards of electronic communication, there may be delays, omissions, or inaccuracies in such information. Accordingly, the information provided through or in relation to this Platform is done with the understanding that we are not herein engaged in rendering legal, accounting, tax, or other professional advice and services. As such, it should not be used as a substitute for consultation with professional accounting, tax, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional advisor. You acknowledge that the provision of the Platform or Services does not constitute the provision of any specific advice nor any other professional services or advice of any kind (including any tax services). Any use of the Platform or Services (including reliance on any of the contents therein) is at your sole risk.

5.3. While we use reasonable efforts to ensure that the information made available through the Platform is being obtained from reliable sources, we are not responsible for any errors or omissions, or for the results obtained from the use of or reliance on this information.

5.4. We do not make any representations as to the accuracy or any other aspect of information contained in other websites. All information made available through the Platform is provided "AS IS," with no guarantee, representation, or commitment of completeness, accuracy, timeliness, or of the results obtained from the use of this information, and without warranty of any kind, express or implied, including, but not limited to warranties of performance, merchantability, and fitness for a particular purpose.

5.5. You hereby agree and acknowledge that the data and information provided on the Platform does not constitute advice of any nature whatsoever and shall not be relied upon by you while making investment decisions, and you shall be solely responsible for any investment decisions.

6. Registration of the User

6.1. Access to Vider’s Services will be granted by the Company only to the Registered User once the User has enrolled for the Vider’s Services.

6.2. User shall provide the required details and the documents for the purpose of registration including:

(a) A valid email address has to be provided, and a password has to be created.

(b) PAN Card details and a copy of the PAN card.

(c) Mobile Number.

(d) Aadhaar Card Details.

(e) Know-Your-Client (“KYC”) details (as required for provision of services).

7. Using KYC data of the investors

Registered User hereby allows the Company to utilize their KYC information such as identity (name, PAN, age, etc.), address, and signature for sending it to the AMC for the purpose of availing the Services (including, without limitation, validation of Account) and to comply with the legal and regulatory requirements. The Registered User agrees and understands that they shall be solely liable to inform the Company/AMC in case of any change in their KYC information, including a change in signature/signatories, etc.

8. User Undertaking

The Registered User hereby acknowledges, agrees, and undertakes that:

8.1. “I have read, understood, and agreed to the terms of the relevant Offer Document / Scheme Information Document of the respective Scheme/s, Key Information Memorandum, such declarations, undertakings, risk factors, and disclaimers as contained in the Offer Document / Scheme Information Document of the Schemes of the Mutual Fund and all changes thereto as informed by the AMC from time to time.

8.2. I have not received nor have been induced by any rebate or gifts, directly or indirectly, in making this investment.

8.3. I/We confirm that the funds invested in the Scheme legally belong to me/us. In the event that the KYC process is not completed by me/us to the satisfaction of the Mutual Fund, (I/we hereby authorize the Mutual Fund to redeem the funds invested in the Scheme, in favor of the applicant, at the applicable NAV prevailing on the date of such redemption and undertake such other action with such funds that may be required by the law.) The Company has disclosed to me/us all the commissions (trail commission or any other mode) payable to it for the different competing Schemes of various Mutual Funds amongst which the Scheme is being recommended to me/us.

8.4. For NRIs only – I / We confirm that I am/we are Non-Residents of Indian nationality/origin and that I/We have remitted funds from abroad through approved banking channels or from funds in my/our Non-Resident External / Non-Resident Ordinary / FCNR account.

8.5. I/We confirm that the details provided by me/us are true and correct.

9. No Objection from The User

The Registered User acknowledges and grants no objection to the Company to perform or place transaction requests for them on the Platform and at their own risk and cost, all or any of the following acts, deeds matters and things:

9.1. To obtain all documents of its Users in terms of the applicable ‘Anti-Money Laundering / Combating Financing of Terrorism’ requirements, including KYC documents / Power of Attorney as may be required by AMCs from time to time.

9.2. To contact the Registered User regarding matters pertaining to the operation of the User’s Account including, but not limited to, for servicing of the User’s requests, communication of special offers, new product launches, and product recommendations. You agree that you hereby provide the Company express consent to override any registration for Do Not Call (“DNC”) / National Do Not Call (“NDNC”).

10. Account Statement:

You agree and acknowledge that it shall be the obligation of the AMC and not of the Company to regularly send the Registered User such communications as required under the SEBI Regulations.

11. Fees and Charges

While currently, Vider Services offered by the Company are free of transaction charges, you acknowledge that the Company reserves the right to charge fees in the future for it or any other services offered by it. Any such changes will be communicated by the Company via email and will be displayed on the Platform. Under such circumstances, you have the option to transfer your assets out of your Account without incurring any costs payable to the Company. The fees and charges levied will be subject to the terms of the relevant payment gateway service provider, including but not limited to the terms set out under Clause 12 below.

12. Online Payment – Payment Gateway Terms

12.1 The funds transfer for purchase of units of Mutual Funds will be done by using an electronic payment gateway facility. ONLY internet banking facility shall be offered for transaction on the Platform, through a third-party payment gateway service provider regulated by the Reserve Bank of India. The Registered User cannot use or permit the use of the payment gateway or any related services for any illegal or improper purposes.

12.2 The Registered User shall utilize the payment gateway at their own risk. These risks would include but not be limited to the following risks, and the Company disclaims all liability and responsibility for any claims, losses, damages, costs of whatsoever nature arising due to such risks:

(a) Misuse of Password: If any third party obtains access to user password of the Account, such third party would be able to transact on Platform.

(b) Internet Frauds: The internet per se is susceptible to a number of frauds, misuse, hacking, and other actions, which could affect payment instructions given using payment gateway or the transactions done using Platform. Whilst the Company shall aim to provide security to prevent the same, there cannot be any guarantee against such internet frauds, hacking, and other actions. The Registered User shall separately evolve/evaluate all risks arising out of the same.

(c) Mistakes and Errors: The filling of applicable data for transfer would require proper, accurate and complete details. In the event of the Account receiving an incorrect credit by reason of a mistake committed by any third-party, the concerned Mutual Fund/AMC or the bank shall be entitled to reverse the incorrect credit at any time whatsoever without the consent of the Registered User, who shall be liable and responsible to accept any such instructions received from the AMC, without questions for any unfair or unjust gain obtained by the Company as a result of the same.

(d) Technology Risks: The technology for enabling the transfer of funds and the other services offered by the electronic payment gateway and the Company could be affected by virus or other malicious, destructive or corrupting code, program or macro. The Company’s site or the bank may require maintenance and during such time it may not be possible to process the user request. This could result in delays in the processing of transactions/payment instructions or failure in the processing of transactions/payment instructions and other such failures and inability. The Registered User understands that the Company disclaims all and any liability, whether direct or indirect, whether arising out of loss or profit or otherwise arising out of any failure or inability by bank/Mutual Funds/AMCs to process any transaction/payment instructions for whatsoever reason. The Company shall not be responsible for any of the aforesaid risks.

(e) Limits: The Company may from time to time impose maximum and minimum limits on funds that may be transferred by virtue of the payment transfer service given. The Registered User realize and accept and agree that the same is to reduce the risks. They shall be bound by such limits imposed and shall strictly comply with them.

(f) Indemnity: Registered User shall indemnify the Company from and against all losses and damages that may be caused as a consequence of breach by them of any of the terms specified by the electronic payment gateway service provider and the terms and conditions mentioned herein above.

(g) Authentication of the Transaction: Registered User are authorised to make transaction(s) only with and from the bank account(s) registered on the Platform. Banks have all the right to cancel, reject and/or unauthorise the transaction made by the Registered User, from any other account, details of which are neither registered nor provided to the Company. Such payment which is rejected by the banks shall be notified or intimated to the Registered User, in the morning of the next business day.

13. Transaction Verification:

The transactions made by the Registered User, whether approved or rejected, using the Platform shall be subject to the following level of verifications:

13.1 Vider: The transaction will be rejected in case the bank account through which the payment is made, is not registered with the Company or the payment gateway; and

13.2 AMC: Final rejection could be made by the AMC, upon receiving the transaction details.

13.3 Binding nature of above terms and conditions: By use of the Platform and clicking on ‘Continue/I Agree’ on the Platform, the Registered User expressly agree to all the above terms and conditions and such terms and conditions shall bind them in the same manner as if they have agreed to the same in writing.

14. Functions of the Company

Registered User understand and unconditionally agree that any information contained in the Company’s brochures or other materials or otherwise communicated by it shall not be construed as investment advice and that all decisions to purchase or sell Units made by the Registered User shall be on the basis of personal judgement arrived at after due consideration. The Company does not in any manner:

14.1 Guarantee payments on any units; or

14.2 Guarantee liquidity of any units; or

14.3 Make any offer to buy back any units; or

14.4 Guarantee the redemption or repayment of any units on maturity; or

14.5 Guarantee the payments of interest or dividend; or

14.6 Promise or guarantee any returns; or

14.7 Guarantee any good delivery.

14.8 Subscribe to Units of Mutual Funds on behalf or in name of the Registered User or collect payments from them for the units so purchased for remitting it further to the AMCs; or

14.9 receive any account statement from Mutual Funds/AMCs, on behalf of or in the User’s name pertaining to the units; or

14.10 redeem /sell the units held by the User or on its behalf or in its name; or

14.11 unilaterally instruct the Mutual Fund and/or the corresponding AMCs with regards to nomination/changes in investments plan/any other changes; or

14.12 sign any document on behalf of or in the name of the User for purchase, sale or redemption of units; or

14.13 collect, receive and / or give receipts and discharges for any sum including dividend, interest or income arising from the units and does not sign and/or endorse dividend and interest warrants on my/our behalf or in my/our name; or

14.14 The Company does not make any promises to the Registered User basis the graphical representation provided on the Platform. The data collected from the Registered User to calculate the prospective investments amount and is in relation to the past investment history of the Registered User and shall not be construed as authoritative advice to them. The Company does not offer any advice and nothing herein or on the Platform shall be construed as investment advice by the Registered User.

14.15 Any sum invested through the vider account is not a deposit with the Company and is not bank insured. The same is not endorsed or guaranteed and does not result in any obligations of the Company or any of the group companies.

15. Notices/Correspondence:

Any notice or other correspondence addressed by the Company to the Registered User may/shall be addressed to the address provided by the Users at the time of enrolment. If according to the Registered User, there is any discrepancy in the details of transaction or account of statement then, it shall be the responsibility of the User to intimate the same to the Company in writing within 7 (seven) working days of receiving notice thereof, failing which such transaction, statement or account (as the case may be) shall be deemed to be correct and accepted by user and users shall not be entitled to question the correctness or accuracy thereof.

16. Termination of Vider Services:

The Company may terminate the Services provided at any time in case of breach of the Terms (including these terms) provided that the Registered User shall not be relieved of obligations hereunder notwithstanding such termination incurred prior to the date on which such termination shall become effective.

17. Disputes:

In the event of dispute between the Registered User and the Company on accuracy of transaction details provided by the former on the Platform, the transaction logs maintained by the Company will be the only source of data to verify the accuracy of such transactions.

18. Interruptions due to various reasons.

Vider Business Solutions Private Limited (including its and their directors, employees, affiliates, agents, representatives or subcontractors) shall not be liable for any loss or liability resulting, directly or indirectly, from any delays or interruptions due to any natural, electronic or mechanical reasons.

19. Email and SMS

On selection of email/sms alert service You agree & grant non-exclusive, permission & irrevocable right to send emails, sms & alerts as decided by Vider Business Solutions Private Limited.

20. Corporate and Business Relationships

Vider Business Solutions Private Limited makes no representations whatsoever about any other Web site which you may access through this website or any other website of Vider Business Solutions Private Limited or group or related companies / websites. When you access a Vider Business Solutions Private Limited, even one that may contain the Vider Business Solutions Private Limited please understand that it is independent from Vider Business Solutions Private Limited, and that Vider Business Solutions Private Limited has no control over the content on that Web site. In addition, a link to a Vider Business Solutions Private Limited Web site does not mean that Vider Business Solutions Private Limited endorses or accepts any responsibility for the content, or the use, of such Web site. It is up to you to take precautions to ensure that whatever you select for your use is free of such items as viruses, worms, trojan horses and other items of a destructive nature.



Vider Business Solutions Private Limited may at any time revise these terms by updating this posting. By using this web site, you agree to be bound by any such revisions and should therefore periodically visit this page to determine the then current terms to which you are bound.

21. Refund

Liability if any will not exceed the amount of fees paid. Tax once collected and deposited with the Tax Department, will not be refunded to users by Vider Business Solutions Private Limited . Users are advised to make payments under their best decision.

22. Payments

We as a merchant shall be under no liability whatsoever in respect of any loss or damage arising directly or indirectly out of the decline of authorization for any Transaction, on Account of the Cardholder having exceeded the preset limit mutually agreed by us with our acquiring bank from time to time.