Terms and Conditions
ByajBazar Digital Ledger Solutions
1. Service Description
ByajBazar provides a digital ledger platform for tracking "Due Payments," "Interest," and "Principal" amounts. The application serves as a record-keeping and calculation tool and does not facilitate actual money transfers, disbursements, or collections between parties. All transactions recorded are for your own accounting and compliance purposes.
2. Definitions
"User" means the person or entity accessing the application. "Principal" means the loan amount. "Interest" means the fee or charge calculated on the principal. "Due Payment" refers to any scheduled or outstanding payment. "Platform" means the ByajBazar application, including its features, reports, and support services.
3. Calculation Accuracy
Users are responsible for verifying all interest calculations and ensuring compliance with applicable laws. ByajBazar provides automated tracking for "Amount Remaining," "Interest Paid," and "Due Payments" based solely on user-provided inputs. The platform does not guarantee legal or regulatory compliance in your jurisdiction.
4. User Conduct
You agree not to use the platform for any illegal lending practices, fraud, or misrepresentation. You are responsible for maintaining the confidentiality of your account and for all activities that occur under your login. You must not share credentials or allow unauthorized access.
5. Limitation of Liability
ByajBazar is provided "as is." We are not liable for any loss of data, incorrect calculations, or decisions made based on the platform. Our liability is limited to the maximum extent permitted by applicable law.
6. Changes to Terms
We may update these terms from time to time. Continued use of the platform after changes constitutes acceptance. We encourage you to review this document periodically and download the latest version from the app.
Smart Loan Management
Automate tenure tracking and interest calculations effortlessly.
