The User agrees that AXIS Bank shall not be liable if:
- the User has breached any of the terms and conditions contained herein or
- the User has contributed to or the loss is a result of failure on part of the User to advise AXIS Bank within a reasonable time about unauthorized access of or erroneous transactions in the Account by use of
the Facility; or
AXIS Bank shall endeavor to provide the Facility on a best effort basis and the User shall not hold AXIS Bank liable for non-availability of the Facility or non-performance by service providers, if any, engaged
by AXIS Bank or any loss or damage caused to the User as a result of use of the Facility for causes which are not attributable to AXIS Bank. AXIS Bank shall not be liable in any manner to the User in connection
with the use of the facility. Without limitation to the other provisions of this terms and conditions. AXIS Bank, its employees, agent or contractors, shall not be liable for and in respect of any loss or damage
whether direct, indirect or consequential, including but not limited to loss of revenue, profit, business, contracts, anticipated savings or goodwill, loss of use or value of any equipment including software,
whether foreseeable or not, suffered by the User or any person howsoever arising from or relating to any delay, interruption, suspension, resolution or error of AXIS Bank in receiving and processing the request
or any failure, delay, interruption, suspension, restriction, or error in AXIS Bank's system and/or any third party who provides such services as is necessary to provide the Facility.
Notwithstanding anything in the contrary provided in this terms and conditions AXIS Bank shall not be involved in or in any way liable to the User for any dispute between the User and the Beneficiary.
The User agrees that AXIS Bank may hold and process his personal information concerning his Account on computer or otherwise in connection with the Facility as well as for analysis, credit scoring and marketing.
The User also agrees AXIS Bank may disclose, in strict confidence, to other institutions, such information as may be reasonably necessary for reasons inclusive of but not limited compliance with legal directive,
for credit rating by recognized credit scoring agencies, and for fraud prevention.
AXIS Bank will not be liable for:
- acting in good faith on any instructions received by AXIS Bank from or on behalf of the User in relation to the Facility;
- error, default, delay or inability of AXIS Bank to act on all or any of the instructions given by the User
- loss of any information/instructions in transmission;
- unauthorized access by any other person to any information /instructions given by the User or breach of confidentiality;