Terms & Conditions
Please read these terms carefully before using FundGrowth.
These Terms & Conditions ("Terms") govern your use of the FundGrowth website, Android app and services provided by FundGrowth Bond Pvt. Ltd. ("FundGrowth"). By registering or using our services you agree to be bound by these Terms, our Privacy Policy, KYC Policy, Refund Policy and Risk Disclosure.
1. Eligibility
You must be an Indian resident aged 18 or above with a valid PAN and bank account, or an entity incorporated/registered in India acting through an authorised signatory. We may decline or close an account at our discretion, including where KYC cannot be completed.
2. Account & security
You are responsible for keeping your login credentials, MPIN and device secure. Notify us immediately of any unauthorised access. We will never ask for your password or OTP by email, SMS or phone.
3. Investments
- An investment request becomes a confirmed investment only when FundGrowth reconciles your payment and issues a certificate ID. Until then it is a request.
- Interest rate, tenure, payout frequency and minimum amount are those shown at the time of confirmation and recorded on your certificate.
- Payments must originate from a bank account held in your (or your entity's) name. Third-party payments may be refunded.
- Interest is paid to your registered bank account per the bond's schedule. Taxes, if any, are your responsibility; TDS may be deducted where applicable.
4. Withdrawals & maturity
Principal is repaid on maturity. Early-exit requests are permitted only where the bond's terms allow, are reviewed by FundGrowth and may carry conditions disclosed in the app before you submit. Processing timelines are indicative.
5. Corrections
Where an entry has been recorded in error, FundGrowth may correct or remove it; every correction is logged with reason, operator and timestamp and reflected on your statement.
6. Prohibited use
You may not use the services for money laundering, fraud, or on behalf of undisclosed third parties; attempt to access other customers' data; or interfere with the platform's security.
7. Communications
You consent to receive transactional communications by email, SMS and in-app notification. Marketing communications are optional and can be withdrawn at any time.
8. Liability
Bond investments carry risk (see Risk Disclosure). To the extent permitted by law, FundGrowth is not liable for issuer default, market movements, delays caused by banks or networks, or indirect losses. Nothing in these Terms limits liability that cannot be limited under Indian law.
9. Termination
You may close your account as described under Account deletion. We may suspend or terminate access for breach of these Terms or legal/regulatory reasons, while honouring your existing investments.
10. Governing law
These Terms are governed by the laws of India; courts in India have exclusive jurisdiction. We may update these Terms; continued use after notice constitutes acceptance. Contact: support@fundgrowth.in.