Terms of Use

These Terms of Use ("Terms") constitute a legally binding agreement between you ("you", "your", "User") and Capline Ventures Private Limited (CIN: U62099MH2024PTC435972), a company incorporated under the Companies Act, 2013 with its registered office at G-502, Plot 6, Sector 9, Darave, AWHO, Thane – 400706, Maharashtra, India ("Company", "BlinkMoney", "we", "us", "our").

These Terms govern your access to and use of the BlinkMoney website at www.blinkmoney.in, the BlinkMoney mobile application and any associated SDKs (collectively, the "Platform"), and any products, services, content and features made available through the Platform (the "Services").

By accessing, registering on or using the Platform, you confirm that you have read, understood and irrevocably agree to be bound by these Terms and our Privacy Policy. If you do not agree, you must not access or use the Platform.

You may use the Platform only if you are:

• an individual aged 18 years or above with the legal capacity to enter into a binding contract under the Indian Contract Act, 1872;
• a resident of India for tax and regulatory purposes (or such other category of person as we may permit from time to time);
• not prohibited from using the Platform under any applicable law, including AML/CFT, sanctions and tax laws; and
• able to provide valid KYC documentation and complete the onboarding requirements specified on the Platform.

We may, at our sole discretion, refuse, restrict, suspend or terminate access to the Platform or any Service to any person, without assigning any reason, subject to applicable law.

In addition to terms defined elsewhere, the following words have the meanings below:

• "Account" means the BlinkMoney user account created by you for accessing the Services.
• "AMC" means an asset management company managing mutual fund schemes distributed through the Platform.
• "AMFI" means the Association of Mutual Funds in India.
• "Credit Facility" or "LAMF" means a loan or line of credit offered by a Lending Partner to you through the Platform, secured by a lien on your Eligible Mutual Fund Units.
• "Eligible Mutual Fund Units" means mutual fund units held in your name that a Lending Partner accepts as collateral for a Credit Facility, in accordance with its policies and applicable regulations.
• "KFS" means the Key Fact Statement issued by the Lending Partner prior to disbursal of a Credit Facility, as required under the RBI Digital Lending Guidelines.
• "KYC" means the customer identification and due diligence requirements under the Prevention of Money Laundering Act, 2002 and the rules made thereunder, and under SEBI and RBI norms.
• "Lending Partner" means a bank or NBFC, regulated by the Reserve Bank of India, that offers a Credit Facility to you through the Platform. Current Lending Partners are Bajaj Finance Limited and DSP Finance Private Limited, with additional partners disclosed on the Platform from time to time.
• "Lending Service Provider" or "LSP" has the meaning given in the RBI's Master Direction on Digital Lending – Directions, 2025.
• "LTV" means the loan-to-value ratio set by the Lending Partner from time to time, based on the value of Eligible Mutual Fund Units.
• "Margin Call" has the meaning set out in Section 8.
• "Portfolio" means the aggregate mutual fund holdings you hold through the Platform.

BlinkMoney is a technology platform that provides you with a unified interface for: (a) investing in mutual fund schemes (including equity, debt, hybrid, gold and multi-asset schemes) through daily auto-invest, lumpsum and SIP modes; and (b) availing a Credit Facility from a Lending Partner secured by a lien on your Eligible Mutual Fund Units.

Our role is limited to that of a technology platform and intermediary. Specifically:

• For investments, we act as a SEBI / AMFI-registered Mutual Fund Distributor under ARN-330047 (valid from 29 May 2025 to 28 May 2028, issued to Capline Ventures Private Limited) on an execution-only basis. We distribute Regular Plan mutual fund schemes and receive trail commission from the AMCs. We do not provide investment advisory services and are not registered as an Investment Adviser under SEBI (Investment Advisers) Regulations, 2013.
• For credit, we act as a Lending Service Provider (LSP) operating a Digital Lending Application (DLA) for the Lending Partner under the RBI Digital Lending Guidelines. The Credit Facility is offered, sanctioned, disbursed and serviced by the Lending Partner, which is the regulated entity for that facility. We are not a lender, bank or NBFC.

Each transaction you initiate is subject to separate terms, schemes and disclosures of the relevant AMC or Lending Partner, which you will be required to accept at the time of the transaction. In the event of any inconsistency between these Terms and the terms of an AMC or Lending Partner specific to a particular transaction, the terms of that partner shall prevail in relation to that transaction.

• To use the Services, you must create an Account and complete KYC. You agree to provide complete, accurate, current and truthful information and to update it whenever it changes.
• You authorise us, our AMCs and our Lending Partners to verify the information you provide, including by accessing KYC Registration Agencies, the CKYC Registry, depositories, RTAs, credit information companies, Account Aggregators (where applicable) and other regulated sources, with your consent. You further authorise BlinkMoney to fetch, aggregate and display your mutual fund holdings, transaction history, capital gains data and folio details from Registrar and Transfer Agents (CAMS, KFintech), MF Central, depositories and AMCs for the purpose of displaying your Portfolio on the Platform, assessing your eligibility for a Credit Facility, calculating the LTV of your Eligible Mutual Fund Units and providing the Services. This authorisation shall remain in effect for as long as your Account is active.
• Your KYC details will be submitted to the Central KYC Registry (CKYC) as per the requirements of the Prevention of Money Laundering (Maintenance of Records) Rules, 2005. Your CKYC record may be accessed by other SEBI-registered intermediaries and RBI-regulated entities in accordance with applicable law.
• You are solely responsible for maintaining the confidentiality of your login credentials, OTPs, biometrics and any other authentication factor used to access your Account. You must not share these with any person.
• Any transaction initiated from your Account using your authentication factors will be deemed to have been authorised by you. You must notify us immediately at support@blinkmoney.in if you suspect any unauthorised access to your Account.
• We may suspend or terminate your Account if (a) any information you have provided is inaccurate, misleading or fraudulent; (b) you fail KYC or periodic re-KYC; (c) you breach these Terms; or (d) required by law or by an AMC or Lending Partner.

If the value of your pledged Eligible Mutual Fund Units falls - whether due to market movements, scheme actions, dividends, splits, mergers or otherwise - such that the LTV exceeds the threshold set by the Lending Partner, the Lending Partner may:

• issue a Margin Call requiring you to (a) deposit additional Eligible Mutual Fund Units, (b) make a part-prepayment of the Credit Facility, or (c) take such other action as the Lending Partner specifies, within the timeline set out in the Loan Documents; and
• if you fail to comply with the Margin Call within the specified timeline, invoke the lien and redeem some or all of the pledged Eligible Mutual Fund Units to bring the LTV back within the prescribed threshold, in accordance with the Loan Documents.

You acknowledge and agree that any such redemption may occur at prevailing NAVs, may crystallise market losses or tax events, and that BlinkMoney will not be liable for any loss arising from a redemption conducted in accordance with the Loan Documents. You are responsible for monitoring your Portfolio and the LTV through the Platform.

In accordance with the RBI Digital Lending Guidelines, a borrower may exit a Credit Facility within the cooling-off / look-up period specified in the Loan Documents by paying the principal and proportionate APR, without payment of any penalty. The duration of the cooling-off period and any conditions to it are set out in the Loan Documents and the KFS.

• (a) BlinkMoney does not provide tax advice. You are solely responsible for understanding and complying with all tax obligations arising from your use of the Services, including but not limited to capital gains tax on redemption of mutual fund units, tax deducted at source (TDS), Securities Transaction Tax (STT), stamp duty on mutual fund transactions and income tax on any gains.
• (b) Redemption of mutual fund units, whether initiated by you voluntarily or triggered by a Margin Call sell-down by the Lending Partner, may give rise to short-term capital gains (STCG) or long-term capital gains (LTCG) depending on the holding period and type of mutual fund scheme. You are responsible for all tax liability arising from such redemptions.
• (c) BlinkMoney will provide you with transaction statements and capital gains reports through the Platform to assist you in computing your tax obligations. However, these reports are provided for convenience only and BlinkMoney does not guarantee their accuracy for tax filing purposes. You should verify all figures with your tax adviser and the relevant AMC / RTA statements.
• (d) Interest paid on a Credit Facility may or may not be tax-deductible depending on the purpose of the loan and applicable tax laws. You should consult a qualified tax adviser regarding the deductibility of interest and any other tax implications.
• (e) BlinkMoney shall not be liable for any tax liability, penalty, interest or other consequence arising from your failure to comply with applicable tax laws.

You agree to use the Platform only for lawful purposes and in accordance with these Terms. You will not:

• provide false, misleading or fraudulent information;
• use the Platform to commit, facilitate or attempt to commit any fraud, money laundering or terrorism financing offence;
• use the Platform to invest funds that are not lawfully yours;
• attempt to gain unauthorised access to the Platform, its systems or any other user's Account;
• reverse-engineer, decompile, scrape, mirror or otherwise misuse the Platform, except to the extent expressly permitted by law;
• upload or transmit any virus, worm, trojan, spyware, malware or other harmful code;
• infringe the intellectual property rights, privacy or other rights of any person; or
• use the Platform in any manner that violates applicable law or any obligations you owe to a third party.

All content on the Platform — including the BlinkMoney name and logo, the tagline "India's Liquid Wealth Account", text, graphics, images, audio, video, software, code, designs, trademarks, trade dress and the look and feel of the Platform - is owned by or licensed to the Company and is protected by applicable Indian and international intellectual property laws. We grant you a limited, non-exclusive, non-transferable, non-sublicensable, revocable licence to access and use the Platform solely for your personal, non-commercial use of the Services in accordance with these Terms. No other rights are granted, whether by implication, estoppel or otherwise.

By creating an Account, you consent to receive service communications from us — including communications relating to your transactions, security, regulatory disclosures, KYC, loan servicing and similar matters - by email, SMS, WhatsApp, in-app notification, push notification and telephone, even if your number is registered on the Do Not Call (DNC) registry. These communications are not promotional and are necessary for the provision of the Services.

In addition, we may send you promotional and marketing communications. You may opt out of promotional communications at any time through the in-app settings, by replying "STOP" to SMS messages, by clicking "unsubscribe" in any email, or by writing to support@blinkmoney.in. Opt-out requests are processed within 3–5 business days.

The Platform may integrate with, or link to, services and websites operated by third parties (including AMCs, Lending Partners, payment gateways, KYC providers, Account Aggregators and analytics providers). Your use of such third-party services is governed by their own terms and privacy policies. We are not responsible for the availability, accuracy, content or practices of such third-party services.

To the maximum extent permitted by applicable law, the Platform and the Services are provided on an "as is" and "as available" basis, without any warranty of any kind, whether express or implied. We do not warrant that the Platform will be uninterrupted, error-free, secure or free of viruses or other harmful components, or that the information made available on the Platform is accurate, complete or current. We expressly disclaim any implied warranties of merchantability, fitness for a particular purpose and non-infringement.

Nothing in these Terms excludes or limits any liability that cannot be excluded or limited under applicable law (including the Consumer Protection Act, 2019).

To the maximum extent permitted by applicable law, the Company, its directors, officers, employees and affiliates will not be liable to you for any indirect, incidental, special, consequential, punitive or exemplary damages, or for any loss of profits, revenue, business, goodwill, data, anticipated savings or opportunity, arising out of or in connection with your use of the Platform or the Services, even if advised of the possibility of such damages.

Without limiting the above, the Company's aggregate liability to you for all claims arising out of or in connection with the Platform and the Services in any 12-month period shall not exceed ₹10,000 (Indian Rupees Ten Thousand only).

We are not liable for: (i) losses arising from market movements, changes in NAV, scheme actions, dividend or other corporate actions, AMC defaults, or actions of regulators; (ii) decisions taken by a Lending Partner on your Credit Facility (including denial, recall, sell-down or recovery), other than for our own gross negligence or wilful default as LSP; (iii) acts or omissions of any third-party service provider, AMC or Lending Partner; or (iv) any event of Force Majeure (Section 19).

You agree to indemnify, defend and hold harmless the Company, its directors, officers, employees, agents and affiliates from and against any claim, demand, loss, damage, cost, expense or liability (including reasonable legal fees) arising out of or in connection with: (a) your breach of these Terms or any law; (b) any information you provide being inaccurate, misleading or fraudulent; (c) your misuse of the Platform; (d) any infringement by you of third-party rights; or (e) any tax liability that arises in respect of your transactions on the Platform.

We will not be liable for any failure or delay in performance under these Terms caused by events beyond our reasonable control, including acts of God, natural disasters, pandemics, war, terrorism, civil unrest, strikes, labour disputes, governmental action, regulatory restrictions, internet or telecommunications failures, power outages, cyber-attacks, denial-of-service attacks, or failure of third-party service providers, AMCs or Lending Partners.

1. You may close your Account at any time through the in-app Profile → Delete Account → Confirm flow, or by writing to support@blinkmoney.in, subject to settlement of all outstanding obligations (including under any Credit Facility) and completion of withdrawal or redemption of investments held through the Platform.
2. We may suspend, restrict or terminate your access to all or part of the Platform, with or without notice and at our sole discretion, if (a) we suspect any violation of these Terms or any law; (b) you fail KYC, re-KYC or AML checks; (c) we are required to do so by a regulator, court or Lending Partner; (d) we discontinue the relevant Service; or (e) for any other reason in our reasonable judgement.
3. On termination, all rights granted to you under these Terms cease, but provisions which by their nature are intended to survive termination (including Sections 11, 13, 16, 17, 18, 22 & 23) shall continue in force.

4. Account Inactivity

   If you do not log in to the Platform or initiate any transaction for a continuous period of 24 months or more, BlinkMoney may classify your Account as inactive and may restrict certain features.

   Before closing an inactive Account, BlinkMoney will notify you at the email address and mobile number associated with your Account, giving you at least 30 days to reactivate.

   Notwithstanding the above, BlinkMoney will not close an Account or redeem any holdings if (a) you have mutual fund units in your Portfolio, or (b) you have an outstanding Credit Facility, without your explicit consent, except as required by applicable law, regulatory directive or the terms of the Lending Partner.

   Your information will be retained in accordance with our Privacy Policy and applicable legal requirements even after Account closure.

We may amend these Terms from time to time. The amended Terms will be posted on the Platform with an updated "Last Updated" date. Where the amendment is material, we will notify you in advance through email, in-app notification or other appropriate means. Your continued use of the Platform after the amendment becomes effective constitutes your acceptance of the amended Terms. If you do not agree, you must stop using the Platform and close your Account.

BlinkMoney has instituted a formal grievance redressal mechanism aligned with the RBI Digital Lending Guidelines, the DPDP Act and applicable SEBI regulations. The full mechanism is set out in the Privacy Policy and is summarised below:

• Level 1 — Customer Support: support@blinkmoney.in (acknowledgment within 48 hours, resolution within 7 working days).
• Level 2 — Grievance Redressal Officer: Rishabh Rajeeva Roy, CEO and Principal Officer for Digital Lending, grievance@blinkmoney.in, +91 77150 85991 / +91 90043 11470, G-502, Plot 6, Sector 9, Darave, AWHO, Thane – 400706 (response within 15 working days).
• Data Protection Officer: Varun Bhandia, varun.bhandia@blinkmoney.in.
• Escalation: To the Lending Partner's Grievance Redressal Officer for credit matters (Bajaj Finance at https://www.bajajfinserv.in/grievance-redressal; DSP Finance at https://dspfin.com/grievance-redressal/); to the RBI Sachet portal or RBI CMS (https://cms.rbi.org.in) for digital lending grievances; to SEBI SCORES (https://scores.sebi.gov.in/) for investment-related grievances; and to the Data Protection Board of India for DPDP Act grievances. Escalation may be made if your grievance remains unresolved for 30 days.

• These Terms are governed by and construed in accordance with the laws of India.
• Subject to the grievance redressal mechanism in Section 22 and the cooling-off rights in Section 9, any dispute, claim or controversy arising out of or in connection with these Terms or the Services (a "Dispute") shall be resolved by binding arbitration under the Arbitration and Conciliation Act, 1996. The arbitration shall be conducted by a sole arbitrator. The seat and venue of arbitration shall be Mumbai, Maharashtra. The language of arbitration shall be English.
• Notwithstanding the above, either party may approach the competent courts at Mumbai, Maharashtra for interim or injunctive relief. Subject to the above, the courts at Mumbai, Maharashtra shall have exclusive jurisdiction over all matters arising out of these Terms.
• Nothing in this Section affects any right you may have under applicable consumer protection law to approach a consumer commission, the RBI Ombudsman, SEBI SCORES, the Data Protection Board of India or another statutory forum.

• Entire agreement. These Terms, together with the Privacy Policy, the Loan Documents and the terms of any AMC or Lending Partner, constitute the entire agreement between you and BlinkMoney in relation to the Services and supersede all prior agreements and understandings.
• Severability. If any provision of these Terms is held to be invalid or unenforceable, that provision will be severed and the remaining provisions will continue in full force and effect.
• No waiver. No failure or delay by us in exercising any right under these Terms constitutes a waiver of that right.
• Assignment. You may not assign or transfer your rights or obligations under these Terms without our prior written consent. We may assign or transfer our rights and obligations to any affiliate or successor entity, subject to applicable law.
• Notices. Notices to you may be sent by email, SMS, in-app notification or post, to the contact details associated with your Account. Notices to us must be sent to support@blinkmoney.in and to the registered office address.
• Language. These Terms are executed in English, which shall be the controlling language.
• App Store Independence: The Platform is independent of any application store or operating system on which it is made available, including Apple App Store, Google Play Store, Android and iOS (each an "Operator"). The Platform is not associated with, affiliated with, sponsored by, endorsed by or in any way linked to any Operator. Your use of the Platform is also subject to the Operator's terms and conditions. You and BlinkMoney acknowledge that (a) these Terms are between you and BlinkMoney only, not with any Operator; (b) BlinkMoney, not the Operator, is solely responsible for the Platform and its content; (c) the Operator has no obligation to provide maintenance, support or warranty for the Platform; and (d) the relevant Operator and its subsidiaries are third-party beneficiaries of these Terms and may enforce them against you.
• Updates. BlinkMoney may release updates to the Platform from time to time to improve functionality, add new features, fix bugs, patch security vulnerabilities or comply with regulatory requirements. Update notifications will be sent to your Device for download and installation. You agree to install updates promptly upon receiving notification. BlinkMoney may only be able to provide full functionality and customer support for the latest version of the Platform. Continued use of an outdated version is at your own risk and may result in certain features being unavailable.

• Capline Ventures Private Limited (CIN: U62099MH2024PTC435972)
• Registered office: G-502, Plot 6, Sector 9, Darave, AWHO, Thane – 400706, Maharashtra, India
• Customer Support: support@blinkmoney.in
• Grievance Officer: grievance@blinkmoney.in
• Data Protection Officer: varun.bhandia@blinkmoney.in
• Website: www.blinkmoney.in

This document is an electronic record in terms of the Information Technology Act, 2000 and the rules made thereunder, and the amended provisions pertaining to electronic records.