Effective Date: 2025-05-20
ChitSpot is a digital platform designed for registered Chit Fund Administrators in India to manage chit groups, members, and payment tracking. We do not handle or facilitate any financial transactions.
ChitSpot offers digital tools for chit management and does not verify the legitimacy of users or chits. No money is collected or transferred through the platform.
Only chit administrators are charged for services. Chit members use the platform for free.
ChitSpot is not liable for any financial losses or fraudulent activity between chit administrators and members.
Users must provide accurate information and comply with applicable laws. Uploading harmful or illegal content is strictly prohibited.
You are responsible for securing your account. Report any unauthorized access immediately.
We are not liable for any direct or indirect losses. Our maximum liability is limited to the fees paid by the chit administrator.
We may suspend or terminate accounts that misuse our platform or violate these terms.
We may update these terms. Continued use means acceptance of the latest version.
These terms are governed by the laws of India. Any legal matters will be handled by the courts in [Hyderabad, India].