Grievance Redressal Policy

This Grievance Redressal Policy document is an electronic record in terms of the Information Technology Act, 2000 and rules there under in force, and the provisions pertaining to electronic records in various statutes as amended by the Information Technology Act, 2000 from time to time. This electronic record is generated by a computer system and does not require any physical or digital signatures.

INTRODUCTION

Amar Amba Hire Finance Purchase Private Limited is an company, incorporated under the provisions of the Companies Act, 2013, Corporate Identification Number (CIN) U65921JK1997PTC001660 and having its registered office at House No. 12 Sector 4, Trikuta Nagar, Jammu – 180012 (hereinafter referred to as “the Company”).

The Company is, inter alia, engaged in the business of providing loans to the Customers / instalment solutions to the Customers, and in providing the technology platform to enable the above. The Company is the exclusive licensee of the NextFin App and web-site https://www.nextfin.in (hereinafter referred to as “the Platform”).

PURPOSE

We implemented this Grievance Redressal Policy (hereinafter referred to as “the Policy”) as providing high-quality services to Customers is the main goal of the Company.

Complaints/grievances of the Customers are an integral part of communication with the Customers and making our services better.

This Policy provides a detailed procedure how Customers` complaints/grievances are handled and resolved by the Company.

The procedure includes a review mechanism that helps to resolve any issue occurred.

MAIN PRINCIPLES

When resolving Customers’ complaints/ grievances, the Company is governed by such principles:

1. Customers` complaints/ grievances are reviewed and resolved in a timely manner.
2. No discrimination of the Customers on the basis of race, religion, gender etc.
3. Language and behaviour used in communication with the Customers should be polite, respectful, and non-threatening.
4. The Customers` privacy should be respected.
5. No unethical practices should be used when communicating with the Customers.

SYSTEM OF REVIEW AND MONITORING

The Company uses the modern CRM system that helps to receive, review, answer and control the Customers` complaints/ grievances. Our employees regularly provide review and monitoring of complaints/ grievances in order to improve our services.

GRIEVANCE REDRESSAL MECHANISM

Company has three levels of complaints`/grievances` review.

1. The first level:

All types of complaints/grievances received from various channels (calls, e-mails etc.) are referred to the Customer care employees of the Company (hereinafter referred to as “the Customer Care”) as per the grievance redressal procedure.

Any complaint/grievance may be submitted by one or several following ways:

• By phone: The Customer can call us at Customer Care +918448849696 between 10:00 am and 6:00 pm from Monday to Saturday.
• Through Mobile App or Web-site: The customer can raise the concern on NextFin Application through “Call Support” button or our website under the “Contact” Section.
• By E-mail: Please write to us at support@nextfin.in
• By post: Please send us a letter for the name of: Amar Amba Hire Finance Purchase Private Limited with address at Plot no 1536 B, S K, Near South Point Mall, Sector 53, Gurugram, 122002

The Customer Care usually answer to any complaint within 5 days after the receipt of such a complaint. The complaint may be transferred by the Customer Care to the Grievance Redressal Officer of the Company on official e-mail for taking necessary action if there is a need.

In such case the time of response may take up to 30 (thirty) days.

2. The second level:

If the Customer is not satisfied with the response received from the Customer Care, the Customer can write directly to the Grievance Redressal Officer of the Company by filling out the form at the bottom this web-page or by sending his query by the following means:

• By post: Please send us a letter for the name of: Amar Amba Hire Finance Purchase Private Limited with Grievance Redressal Officer address at Plot no 1536 B, S K, Near South Point Mall, Sector 53, Gurugram, 122002
• By E-mail: amit.ramdev@nextfin.in Subject matter: Complaint/grievance regarding [indicate your specific subject in short] Attention: Grievance Redressal Officer
• By phone: Grievance Redressal Officer Contact phone number: +91-9773635031

3. The third level:

If the Customer is not satisfied with the response received from Grievance Redressal Officer , then the Customer may appeal to Nodal Officer by filling out the form at the bottom of this web-page or by sending his query by the following means:

• By post: Please send us a letter for the name of: Amar Amba Hire Finance Purchase Private Limited with Nodal Officer address at Plot no 1536 B, S K, Near South Point Mall, Sector 53, Gurugram, 122002
• By E-mail: amit.ramdev@nextfin.in Subject matter: Complaint/grievance regarding [indicate your specific subject in short] Attention: Nodal Officer
• By phone: Grievance Redressal Officer Contact phone number: +91-9773635031

The response from the Nodal Officer shall be sent to the Customer in 30 days after such a complaint was received by the Nodal Officer.

This Policy may be revised and amended from time to time when Company considers necessary, and shall be revised and amended based on changes in regulatory guidelines.