Indian Overseas Bank

IOB PAY

DISCLAIMER CLAUSE

Merchant payment from their beneficiaries.

1. User: The beneficiary making a payment to merchant for the services availed.

2. Bank shall not be responsible, in any way, for the quality or merchantability of any services services related thereto, whatsoever,offered to the User by the Merchant. Any disputes regarding the same or delivery of the Service or otherwise will be settled between Merchant and the User and Bank shall not be a party to any such dispute.

3.Any request for refund by the User on any grounds whatsoever should be taken up directly with the Merchant and the Bank will not be concerned with such a request.

4.Bank takes no responsibility in respect of the services provided and User shall not be entitled to make any claim against the Bank for deficiency in the services provided by the Merchant.

5.The User shall not publish, display, upload or transmit any information prohibited under Rule 3(2) of the Information Technology (Intermediaries guidelines) Rules, 2011.

6.In case of non-compliance of the terms and conditions of usage by the User, the Bank has the right to immediately terminate the access or usage rights of the User to the computer resource of the Bank and remove the non-compliant information.