Terms Of Use Policy

1. Terms of Website Use Policy

Please carefully read the following terms and conditions for the http://www.Laxmibank.com website ("Site"). By accessing this Site you agree to the terms and conditions outlined below.

Unauthorized use of websites and systems of Laxmi Bank ("Laxmi Bank," "we," or "our"), including, but not limited to unauthorized entry into Laxmi Bank's systems, misuse of passwords, or misuse of any information posted, is strictly prohibited.

You understand and accept that all information submitted by you through the Laxmi Bank website shall be deemed the property of Laxmi Bank, and the Bank shall be free to use any ideas, concepts, know-how or techniques provided at the Siteby you, in any manner whatsoever. On initiating a contact through the Bank website you agree to being contacted by the bank.

Use of this Site may be monitored,based on your use of this Site and your consent to such monitoring.

 

2. Web Content and Materials

You are aware and accept that all information, content, materials, products (including, but not limited to text, content, photographs, graphics, video and audio content) on the website is protected by copyright in the favor of Laxmi Bank under applicable copyright laws and is also protected otherwise under general intellectual property law.

You also agree that you will not copy, reproduce, sell, redistribute, publish, enter into a database, display, perform, modify, transmit, license, create derivatives from, transfer or in any way exploit any part of any information, content, materials, services available from or through the bank website, except that which you may download for your own personal, non-commercial use.

The information on this Site is believed to be reliable.However Laxmi Bank does not warrant its completeness, timeliness, or accuracy and expressly disclaims liability for errors or omissions in the materials and information.Products and services described in this site are subject to the terms and conditions applicable for each such product and service.

 

3. Links to Other Sites

You understand and accept that Laxmi Bank is not responsible for the availability of content or other services on third party sites linked from the bank website. You are aware that your access of hyperlinks to other internet sites are at your risk and the content, accuracy, opinions expressed, and other links provided by these sites are not verified, monitored or endorsed by Laxmi Bank in any way. Laxmi Bank does not make any warranties, and expressly disclaims all warranties express or implied, including without limitation, those of merchantability and fit for a particular purpose, title or non-infringement with respect to any information or services or products that are available or advertised or sold through these third party websites. Links to non-Laxmi Bank sites do not imply any endorsement of, or responsibility for the opinions, ideas, products, information, or services offered at such sites, or any representation regarding the content at such sites.

 

4. LIMITATION OF LIABILITY

BECAUSE OF THE POSSIBILITY OF HUMAN OR MECHANICAL ERROR AS WELL AS OTHER FACTORS, THE SITE (INCLUDING ALL INFORMATION AND MATERIALS CONTAINED ON THE SITE) IS PROVIDED "AS IS," "WHERE IS," AND "AS AVAILABLE," WITH NO WARRANTIES OR REPRESENTATIONS REGARDING THE SITE. LAXMI BANK DISCLAIMS ALL WARRANTIES AND REPRESENTATIONS OF ANY KIND WITH REGARD TO THE SITE, INCLUDING ANY IMPLIED WARRANTIES OF MERCHANTABILITY, NON-INFRINGEMENT OF THIRD-PARTY RIGHTS, FREEDOM FROM VIRUSES OR OTHER HARMFUL CODE, OR FITNESS FOR ANY PARTICULAR PURPOSE. FURTHER, LAXMI BANK WILL NOT BE LIABLE FOR ANY DELAY, DIFFICULTY IN USE, INACCURACY OFINFORMATION, COMPUTER VIRUSES,MALICIOUS CODE, OR OTHER DEFECT IN THIS SITE, OR FOR THE INCOMPATIBILITY BETWEEN THIS SITE AND FILES AND THE USER'S BROWSER OR OTHER SITE-ACCESSING PROGRAM. NOR WILL LAXMI BANK BE LIABLE FOR ANY OTHER PROBLEMS EXPERIENCED BY THE USER DUE TO CAUSES BEYOND LAXMI BANK'S CONTROL. NO LICENSE TO THE USER IS IMPLIED IN THESE DISCLAIMERS.

LAXMI BANK IS NOT RESPONSIBLE FOR ANY LOSS, PROPERTY DAMAGE, OR BODILY INJURY IN CONNECTION WITH ACCESS TO, USE OF, OR INABILITY TO USE THIS SITE. UNDER NO CIRCUMSTANCES WILL LAXMI BANK BE LIABLE FOR ANY LOST PROFITS, LOST OPPORTUNITY, OR ANY INDIRECT, CONSEQUENTIAL, INCIDENTAL, SPECIAL, PUNITIVE, OR EXEMPLARY DAMAGES ARISING OUT OF ANY USE OF OR INABILITY TO USE THE SITE OR ANY PORTION THEREOF, REGARDLESS OF WHETHER LAXMI BANK HAS BEEN APPRISED OF THE LIKELIHOOD OF SUCH DAMAGES OCCURRING AND REGARDLESS OF THE FORM OF ACTION, WHETHER IN CONTRACT, WARRANTY, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, OR OTHERWISE.

LAXMI BANK SHALL NOT BE LIABLE IF ANY TRANSACTION DOES NOT FRUCTIFY OR MAY NOT BE COMPLETED OR FOR ANY FAILURE ON PART OF THE BANK TO PERFORM ANY OF ITS OBLIGATIONS UNDER THESE TERMS AND CONDITIONS OR THOSE APPLICABLE SPECIFICALLY TO ITS SERVICES/FACILITIES IF PERFORMANCE IS PREVENTED, HINDERED OR DELAYED BY A FORCE MAJEURE EVENT (DEFINED BELOW) AND IN SUCH CASE ITS OBLIGATIONS SHALL BE SUSPENDED FOR SO LONG AS THE FORCE MAJEURE EVENT CONTINUES.

NOTHING HEREIN SHALL BE CONSTRUED AS LIMITING OR REDUCING LAXMI BANK'S RESPONSIBILITIES AND OBLIGATIONS TO CLIENTS IN ACCORDANCE WITH APPLICABLE LAWS AND REGULATIONS.

 

5. Force Majeure

You understand and agree that, “Force Majeure Event” means any event due to any cause beyond the reasonable control of the Bank, including without limitations, unavailability of any communication systems, breach, or virus in the processes or payment or delivery mechanism, sabotage, fire, flood, explosion, acts of god, civil commotion, strikes or industrial action of any kind, riots, insurrection, war, acts of government, computer hacking, unauthorized access to computer data and storage devices, computer crashes, malfunctioning in the computer terminal or the systems getting affected by any malicious, destructive or corrupting code or program, mechanical or technical errors/failures or power shut down, faults or failures in telecommunication etc.

 

6. Prohibited Activities

By using the Site, you agree not to:

  • Misrepresent your identity in any way;
  • Violate or attempt to violate the security of this Site. Any such violations or attempts may result in criminal and/or civil penalties against you. We may investigate any suspected violation and, if a criminal violation is suspected, we will cooperate with law enforcement agencies in their investigations;
  • Send any unlawful, infringing, harmful, inappropriate, or otherwise objectionable material, any material that can cause harm or delay to this Site or computers and any unsolicited advertising or promotional materials;
  • Reverse engineer, disassemble, or decompile any section or technology on this site;
  • Launch or use any automated system, including without limitation "robots," "spiders," or "offline readers," that access this Site in a manner that sends more request messages to our servers in a given period of time than a human can reasonably produce in the same period by using a conventional web browser;
  • Send or otherwise transmit to or through this Site chain letters, unsolicited messages, "spamming" or "phishing" messages, or messages marketing or advertising goods and services; or
  • Violate any applicable laws or regulations or these Terms of Use.

7. Relationship to Online Banking Services

If you are enrolled in Laxmi Bank Online Banking, your use of online banking services is governed by our“Terms and Conditions for Internet Banking”. If there is inconsistency between these Terms of Use and the “Terms and Conditions for Internet Banking”, the “Terms and Conditions for Internet Banking”, shall be controlling to the extent of such inconsistency.

 

8. Termination and Changes in Terms

You understand and accept Laxmi Bank has the absolute discretion to amend or supplement any of the Website Usage Terms. By using the services, you shall be deemed to have accepted the changed Website Usage Terms, which may change anytime without any notice.

You understand and agree that these Website Usage Terms are in addition to, and not in derogation of, the applicable Terms and Conditions relating to your usage of any other Laxmi Bank services that you may be currently availing or may in the future avail, including without limitation the LaxmiOnline Banking service.