CIBIL Credit Information Terms of Use and Consent Agreement
This End User Agreement ("Agreement") is entered into between you ("User" or "You") and AV Management, a company incorporated under the laws of India, having its registered office at [Insert Registered Office Address] ("Company", "we", "us", or "our"). By accessing or using our services through the website https://cibil.avmanagement.in/ ("Website"), you agree to be bound by the terms and conditions set forth herein.
1. Consent to Access Credit Information
By executing this Agreement, you expressly consent to: Appointing the Company as your authorized representative to receive your credit information from TransUnion CIBIL Limited ("TUCL"). Allowing TUCL to provide your credit information, including credit information reports, credit scores, aggregates, variables, inferences, and other related information ("Credit Information"), to you and the Company using TUCL's tools, algorithms, and devices. This consent is valid for a period of six (6) months from the date of consent or until the completion of the purpose for which the Credit Information was procured, whichever is earlier.
2. Purpose of Accessing Credit Information
The Company shall access your Credit Information solely for the purpose of: Assessing your creditworthiness. Providing you with information regarding credit products and services that may be suitable for you. Assisting you in understanding your credit profile and offering credit advisory services.
3. Use and Confidentiality of Credit Information
The Company agrees to: Use the Credit Information exclusively for the purposes stated in this Agreement. Not aggregate, retain, store, copy, reproduce, republish, upload, post, transmit, sell, or rent the Credit Information to any other person, except as required by applicable law. Protect and keep confidential the Credit Information both online and offline. Destroy, purge, or erase the Credit Information upon the completion of the purpose for which it was procured, not exceeding six (6) months from the date of consent.
4. Governing Law and Jurisdiction
This Agreement shall be governed by and construed in accordance with the laws of India. Any disputes arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts located in [Insert Jurisdiction], India.
5. Definitions
- Credit Information Report: The credit information, scores, aggregates, variables, inferences, or reports generated by TUCL.
- Credit Score: The score mentioned in the Credit Information Report, computed by TUCL.
- CICRA: The Credit Information Companies (Regulation) Act, 2005, along with the Credit Information Companies Rules, 2006, and the Credit Information Companies Regulations, 2006, including any amendments thereto.
6. Contact Us
For any questions or issues related to payments or refunds, please contact: AV Management