Modi Finance - Terms and Conditions Agreement
Before utilizing our services, please read and agree to the following terms:
EMI Debit Authorization:Authorization to debit your designated bank account for EMI payments as per the agreed schedule
- EMI payments will be automatically debited from your account on the specified dates
- A nominal charge will be incurred for failed or bounced EMI debits, with prior notification of charges.
- You will receive notifications of any EMI debit failures through email, SMS, or other channels.
Consequences of Non-Payment:Failure to settle outstanding EMI payments along with charges may result in accumulated dues.
- Continued non-payment can lead to a compliance lock on your financed mobile device.
- Unlocking a compliance-locked device requires clearing all pending dues, including failed debit charges.
- Unlock Charges, Transaction Details, and Dynamic Updates:Unlocking a compliance-locked device involves charges to cover administrative expenses.
- Accurate transaction details, such as payment receipts or reference numbers, must be shared for proper account reconciliation.
Please note that our terms and conditions are subject to updates over time, with changes communicated to you.
- Customer Protection and Legal Jurisdiction:Modi Finance is committed to addressing any discrepancies, doubts,
or actions that result in customer losses
Legal disputes or actions arising from our services will fall under the jurisdiction of the courts in Balaghat, Madhya Pradesh.
- Contact and Communication:For inquiries or concerns, contact our customer support team at
[Your Contact Information]
By proceeding with our services, you acknowledge and agree to abide by the terms outlined above.