Terms & Conditions

These Terms and Conditions ("Terms") constitute a legally binding agreement between you ("User", "you", or "your") and K2VS Finance and Investments Private Limited ("Company", "we", "our", or "us"), operating the Sahi Savings platform and mobile application.

By downloading, installing, accessing, or using the Sahi Savings application ("App") or website (sahisavings.com), you confirm that you have read, understood, and unconditionally agree to be bound by these Terms and all applicable laws and regulations of India. If you do not agree to these Terms, please discontinue use of the platform immediately.

These Terms are effective as of the date you first access or use the platform.

Our Privacy Policy explains how we process your Personal Data and is provided to you as a separate notice under the Digital Personal Data Protection Act, 2023 ("DPDP Act"). Acceptance of these Terms is not consent to the processing of your Personal Data. Where consent is required, we ask for it separately.

K2VS Finance and Investments Private Limited is:

• AMFI-Registered Mutual Fund Distributor (ARN - 190825)
• Platform Partner with BSE (Member Code: 54418)
• Incorporated under the Companies Act, 2013 (CIN: U67100MH2021PTC366575)
• Start-Up India Recognised (Certificate No: DIPP93439)
• GST Registered (GST No: 27AAICK9851E1Z7)
• Registered Agent Institution under NPCI Bharat Connect through TJSB Sahakari Bank Ltd

The Company operates as a financial services intermediary regulated by SEBI, AMFI, and other applicable regulatory bodies. All services are provided in compliance with applicable SEBI (Intermediaries) Regulations, AMFI guidelines, IRDAI regulations, and RBI Master Directions.

To use Sahi Savings, you must:

• Be at least 18 years of age and a resident of India;
• Possess the legal capacity to enter into binding contracts under the Indian Contract Act, 1872;
• Not be barred from using financial services under any applicable law;
• Provide accurate, complete, and current information as required for KYC/AML compliance;
• Have a valid Indian mobile number and email address.

By using the platform, you represent and warrant that you meet all the above eligibility requirements. The Company reserves the right to terminate your account if any eligibility condition is found to be violated.

Sahi Savings provides the following services through its platform:

Tax Planning & Optimisation: Personalised income tax planning tools, deduction tracking under Chapter VIA of the Income Tax Act, 1961, HRA/LTA/exemption calculators, and Form 26AS/AIS insights.

Mutual Fund Distribution: Facilitation of mutual fund investments through BSE platform. We act as a distributor and not as an investment advisor. All transactions are subject to AMFI regulations and SEBI (Mutual Funds) Regulations, 1996.

Insurance Premium Payments: Facilitation of life and general insurance premium payments through IRDAI-regulated channels. Sahi Savings does not underwrite or issue insurance policies.

Credit Score Monitoring: Credit score retrieval and monitoring services from licensed Credit Information Companies (CIBIL, Experian, Equifax, CRIF High Mark) with your explicit consent, subject to the Credit Information Companies (Regulation) Act, 2005.

NPS & Retirement Planning: Dashboard tools for monitoring NPS (National Pension System) contributions and retirement corpus projections. NPS investments are regulated by PFRDA.

Bill Payments: Facilitation of utility and other bill payments through RBI-authorised payment channels.

Financial Insights & Analytics: Anonymised spending insights, investment health dashboards, and personalised financial wellness recommendations. These are informational in nature and do not constitute investment advice under SEBI (Investment Advisers) Regulations, 2013.

Account Security: You are responsible for maintaining the confidentiality of your login credentials. You agree to immediately notify us of any unauthorised access to your account at support@sahisavings.com.

KYC Compliance: You agree to complete KYC verification as required under PMLA (Prevention of Money Laundering Act, 2002), RBI Master Directions, and SEBI KYC Registration Agency (KRA) guidelines before accessing investment services.

Accuracy of Information: You are obligated to provide true, accurate, and complete information. Providing false or misleading information constitutes a violation of these Terms and may result in account suspension and reporting to relevant authorities.

Account Responsibility: You are solely responsible for all activities conducted through your account. The Company shall not be liable for any loss arising from unauthorised use of your account due to your failure to maintain security.

Personal Data: We process the Personal Data you provide for account creation, KYC and the services you use as a Data Fiduciary under the DPDP Act and the Digital Personal Data Protection Rules, 2025, for the purposes and on the grounds described in our Privacy Policy. You may access, correct, update or erase your Personal Data, withdraw consent, and nominate another individual to exercise your rights, as described in the Privacy Policy. Withdrawing consent that is necessary for a service may mean we can no longer provide that service to you.

Your Duties: You agree to provide only verifiably authentic information, not to impersonate another person, and not to suppress any material information when providing Personal Data for any document, proof of identity or proof of address.

IMPORTANT: PLEASE READ THIS SECTION CAREFULLY.

• Mutual Fund investments are subject to market risks. Read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.

• Sahi Savings acts as a distributor of mutual funds and not as an investment adviser as defined under SEBI (Investment Advisers) Regulations, 2013. Information on the platform is for informational purposes only and does not constitute investment advice.

• Tax calculations and projections are estimates based on information provided by you and current tax laws. These are indicative only and should not be construed as professional tax advice. Consult a qualified Chartered Accountant for personalised tax planning.

• Insurance products are subject to terms and conditions of the respective insurers. Sahi Savings is not responsible for any claim rejection or settlement by the insurer.

• Credit scores are fetched from third-party credit bureaus and displayed as-is. The Company does not guarantee accuracy and is not responsible for errors in bureau data.

• Investments in the securities market carry the risk of loss of principal. You should only invest funds you can afford to lose.

You agree NOT to:

• Use the platform for any unlawful purpose or in violation of any applicable law;
• Provide false, misleading, or fraudulent information for KYC or account registration;
• Engage in money laundering, terrorist financing, or any activity prohibited under PMLA, 2002;
• Attempt to gain unauthorised access to any part of the platform or its underlying systems;
• Reverse engineer, decompile, or disassemble any part of the App;
• Use automated bots, scrapers, or other tools to access or extract data from the platform;
• Engage in any conduct that disrupts, impairs, or interferes with the proper functioning of the platform;
• Impersonate any person or entity, or misrepresent your affiliation;
• Transmit any malware, viruses, or harmful code.

Violation of any of the above may result in immediate account termination and reporting to law enforcement authorities.

Distributor Commission: As an AMFI-registered mutual fund distributor, the Company may receive trail commission from Asset Management Companies (AMCs) on investments facilitated through the platform. This is disclosed in compliance with AMFI Circular No. AMFI/35P/MEM-COR/13/2012-13.

Platform Fees: Any subscription or platform fees applicable to premium services will be disclosed clearly before you subscribe. By subscribing, you authorise the Company to charge such fees to your designated payment method.

Transaction Charges: Applicable charges for payment gateway transactions, if any, will be displayed at the point of transaction.

Taxes: All applicable GST and other statutory levies will be charged as per prevailing rates.

The Company reserves the right to revise its fee structure with prior notice of not less than 15 days. Continued use of the platform after notice constitutes acceptance of the revised fees.

All content on the Sahi Savings platform — including but not limited to text, graphics, logos, icons, images, audio clips, data compilations, software, and the overall platform design — is the exclusive property of K2VS Finance and Investments Private Limited and is protected under the Copyright Act, 1957, the Trade Marks Act, 1999, and other applicable Indian and international intellectual property laws.

You are granted a limited, non-exclusive, non-transferable, revocable licence to use the platform solely for personal, non-commercial purposes. You may not:

• Copy, reproduce, modify, distribute, or create derivative works from any platform content;
• Use the Sahi Savings name, logo, or trademarks without prior written consent;
• Frame, mirror, or deep-link to any part of the platform without authorisation.

The platform may contain links to third-party websites, platforms, or services (such as BSE, RBI portals, or credit bureaus). These links are provided for convenience only. The Company has no control over the content, privacy practices, or accuracy of third-party sites and accepts no liability for any loss arising from your use of such sites.

Your use of third-party services integrated with the platform (e.g., payment gateways, credit bureaus, Account Aggregators) is subject to the respective third party's terms and privacy policies.

To the fullest extent permitted by applicable law:

• The Company's total liability to you for any claim arising out of or related to these Terms or the platform shall not exceed the total fees paid by you to the Company in the three (3) months preceding the event giving rise to the claim;

• The Company shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including loss of profits, data, goodwill, investment returns, or other intangible losses;

• The Company shall not be liable for any losses arising from market volatility, regulatory changes, force majeure events, system outages, cyber-attacks, or third-party failures beyond our reasonable control;

• The Company does not guarantee uninterrupted, timely, secure, or error-free operation of the platform.

Nothing in these Terms limits liability for fraud, gross negligence, or wilful misconduct.

You agree to indemnify, defend, and hold harmless K2VS Finance and Investments Private Limited, its directors, officers, employees, agents, licensors, and service providers from and against any claims, liabilities, damages, judgements, awards, losses, costs, or expenses (including reasonable legal fees) arising out of or relating to:

• Your violation of these Terms;
• Your use or misuse of the platform;
• Your provision of inaccurate or false information;
• Your violation of any applicable law or regulation;
• Your infringement of any third-party intellectual property or other rights.

In accordance with SEBI Circular SEBI/HO/OIAE/OIAE_IAD-1/P/CIR/2023/131 and applicable AMFI guidelines, users may raise grievances through the following channels:

Step 1 – Company Grievance Officer:
Name: Varun Shimoga | Designation: Grievance Officer
Email: grievance@sahisavings.com | Phone: +91 9867028094
Response time: Within 30 days

Step 2 – SEBI SCORES Portal:
If your grievance is not resolved satisfactorily within 30 days, you may escalate to SEBI SCORES (Securities and Exchange Board of India Complaints Redress System) at https://scores.sebi.gov.in

Step 3 – Online Dispute Resolution (ODR):
As per SEBI circular dated July 31, 2023, you may initiate dispute resolution through SEBI's ODR platform.

Step 4 – Data Protection Board of India:
For grievances about your Personal Data, first write to our Grievance Officer as in Step 1. If the grievance is not resolved, you may make a complaint to the Data Protection Board of India under the DPDP Act, 2023, in the manner the Board specifies.

These Terms shall be governed by and construed in accordance with the laws of India.

Arbitration: Any dispute, claim, or controversy arising out of or relating to these Terms or the use of the platform that cannot be resolved through the grievance process shall be resolved by binding arbitration conducted by a sole arbitrator mutually agreed upon by both parties, in accordance with the Arbitration and Conciliation Act, 1996, as amended.

Seat of Arbitration: Mumbai, Maharashtra, India.
Language: English.

Jurisdiction: Subject to the arbitration clause above, courts in Mumbai, Maharashtra shall have exclusive jurisdiction.

This clause does not prevent you from seeking urgent injunctive relief from a court of competent jurisdiction.

The Company reserves the right to revise these Terms at any time. When material changes are made, we will provide at least 15 days' prior notice via in-app notification, email, or a prominent notice on our website. The "Last Updated" date at the top of this page will reflect the most recent revision.

Your continued use of the platform after the effective date of any changes constitutes your acceptance of the revised Terms. If you do not agree to the revised Terms, you must discontinue use and may request account closure at support@sahisavings.com.

A change to these Terms does not change the purposes for which we process your Personal Data. Any such change is made through the Privacy Policy and, where consent is required, only with your fresh consent.

By You: You may close your account at any time by submitting a request at support@sahisavings.com or through the in-app account deletion feature. Pending transactions and regulatory hold periods under PMLA may delay final closure.

By Us: The Company may suspend or terminate your account, with or without notice, if you violate these Terms, engage in fraudulent activity, or if required by applicable law or a regulatory directive.

Upon termination, your right to use the platform ceases immediately. Provisions that by their nature should survive termination (including intellectual property, limitation of liability, indemnification, governing law) shall survive.

Your Personal Data on Closure: When your account is closed, we erase your Personal Data and require our Data Processors to erase it, except Personal Data that we are required to retain under a law in force (for example, PMLA, Income Tax and SEBI record-keeping requirements), which is retained only for the period that law requires. The retention periods are set out in the Privacy Policy.

For any queries regarding these Terms, please contact:

K2VS Finance and Investments Private Limited
Registered Office: 1709, Lotus Link Square, Link Rd, D.N.Nagar, Andheri West, Mumbai, Maharashtra 400053
Email: support@sahisavings.com | grievance@sahisavings.com
Phone: +91 9867028094
Website: www.sahisavings.com