Effective Date: June 7, 2025
Welcome to Nytrix Bindutara Enterprises Pvt. Ltd. (“Bindutara”, “Company”, “we”, “us”, or “our”). These Terms and Conditions ("Terms") govern your relationship with Bindutara Enterprises in connection with the vehicle rental, lease, and rent-to-own services offered through our platform and agreements. By signing any agreement, using our services, or engaging in any transaction with Bindutara Enterprises, you (“Customer”, “you”, “your”) agree to be bound by these Terms in full.
If you do not agree to these Terms, do not use or sign any documentation or vehicle-related service with Bindutara Enterprises.
1.1 Bindutara Enterprises offers vehicles under a structured long-term rent-to-own plan typically lasting 60 months (5 years).
1.2 Under this plan, the customer pays a recurring rental fee, which may be daily, weekly, or monthly, as defined in the customer’s signed agreement. These payments contribute toward eventual ownership of the vehicle.
1.3 The vehicle remains the legal property of Bindutara Enterprises until the full term is completed and all dues, including any outstanding amounts or penalties, are paid.
2.1 The standard rental term is 60 months, unless otherwise stated in the specific contract signed between the customer and the company.
2.2 Upon completion of all scheduled payments and any applicable charges (including foreclosure, penalties, or legal fees), ownership of the vehicle will be transferred to the customer.
2.3 The responsibility and cost of name transfer in the registration and associated government records shall lie solely with the customer. The company is not responsible for any delays or costs incurred during this process.
2.4 If the contract ends early due to foreclosure or pre-closure, the customer must ensure all outstanding payments, penalties, and charges are settled before title transfer.
3.1 Payment options shall be defined in the agreement and may be: Daily, Weekly, or Monthly.
3.2 The mode and schedule of payments will be selected at the start of the contract and cannot be altered without written approval from the company.
3.3 Failure to pay on time may result in late fees, service interruptions, vehicle seizure, or contract termination.
4.1 Vehicles are intended for use in commercial passenger transport services, including but not limited to: Ola, Uber, Yatrisathi, InDrive, Rapido, Red Taxi, Suttle.
4.2 Customers must comply with all state and central transport regulations, including passenger safety and commercial driving license requirements.
4.3 The company is not liable for customer misuse, passenger disputes, traffic violations, or negligence.
5.1 Customers are expected to keep the vehicle in good working condition, conduct routine maintenance, avoid misuse or unauthorized modifications, and not sublease the vehicle.
5.2 All costs for wear-and-tear, maintenance, and operational fuel are borne by the customer.
6.1 The customer shall be responsible for ensuring that the third-party insurance for the vehicle is renewed before its expiry in compliance with applicable motor vehicle laws.
6.2 Failure to renew insurance may result in legal penalties and contract suspension.
7.1 Bindutara Enterprises reserves the right to inspect the vehicle at any reasonable time.
7.2 The vehicle may be equipped with GPS or IoT-based monitoring tools for security and compliance.
7.3 Tampering with such equipment may result in legal action and contract termination.
8.1 The Company may immediately terminate the agreement without notice if any clause in these Terms is breached, fraud is detected, payments are defaulted, or illegal use is identified.
8.2 If the customer cancels the contract, a cancellation penalty will apply, all balance rent and fees must be paid, and the vehicle returned in acceptable condition.
9.1 All business, financial, and personal information shared between the company and customer during the term of the contract is considered confidential.
9.2 Neither party shall disclose confidential information to third parties without written consent.
9.3 This clause remains in force even after contract termination or expiry.
10.1 The customer agrees not to directly or indirectly engage in a competing rent-to-own or rental vehicle business during the term of this agreement and up to 2 years post termination.
10.2 Violation of this clause may result in legal proceedings and financial penalties.
11.1 Only written communication documented in the official contract or legal annexures shall be considered valid.
11.2 Any verbal, unofficial, telephonic, WhatsApp, SMS, or other media-based communication is considered null and void unless explicitly written into the agreement.
11.3 Customers are advised to retain all official correspondence and receipts for legal protection.
12.1 The customer shall indemnify Bindutara Enterprises from any claims, losses, damages, or expenses arising out of legal violations, commercial operations, or third-party issues related to vehicle use.
13.1 The company shall not be held liable for any delay, failure, or interruption in service due to natural disasters, riots, Acts of God, government restrictions, or pandemics.
14.1 Any disputes shall be attempted to be resolved amicably, followed by arbitration under the Indian Arbitration and Conciliation Act. Jurisdiction shall be in Kolkata, West Bengal, India.
15.1 Bindutara Enterprises reserves the right to modify these terms at any time. The updated Terms shall be binding upon publication or customer notification.
15.2 In case of conflict between these Terms and the signed agreement, the contract shall prevail.
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By continuing with the vehicle rental or signing the agreement, you confirm that you have read, understood, and accepted these Terms and Conditions in their entirety.
Effective Date: July 8, 2025
Nytrix Bindutara Enterprises Pvt. Ltd. (“Bindutara”, “we”, “us”, or “our”) is committed to protecting your personal information. This Privacy Policy outlines how we collect, use, share, and protect your data when you interact with our website, app, and services.
We do not sell your data. We may share it with payment partners, insurance agencies, GPS vendors, legal/regulatory authorities, or during mergers/acquisitions.
We implement encryption, access control, 2FA, and regular audits to protect your information. However, no system is fully immune to risks.
We retain your data for as long as required by law or necessary for service continuity, up to 7 years in most cases.
Our services are not intended for individuals under 18 years of age.
We use cookies and analytical tools to improve user experience. You can disable cookies in your browser settings.
This policy may change without prior notice. Updates will be posted on our website with the revised date.
If you have any concerns or wish to exercise your rights, contact us at:
Effective Date: July 8, 2025
Once the customer has signed the agreement and payment has been made for onboarding, processing, or initial rental, no cancellation will be entertained under any circumstances. This applies regardless of whether the vehicle has been assigned, delivered, or used.
After the rent-to-own contract is signed and activated, all payments made (security deposit, processing fees, daily/monthly rental, etc.) are non-refundable. Customers are expected to complete the full contract term as agreed.
Refunds will only be considered in rare, valid exceptions including:
In case of a valid refund eligibility, the refund process may take a minimum of 7 working days and up to 30 working days from the date of confirmation by our customer support team. The refund will be credited to the original payment mode only.
At the end of the contact term (or full repayment as per agreement), no separate refund is applicable. The customer is entitled to ownership transfer of the vehicle after all dues are cleared, but any rent paid throughout the term remains non-refundable.
If the customer initiates early contract termination or foreclosure, all payments made till date (rent, deposit, processing, interest) shall be treated as consumed. No refund shall be processed. Foreclosure must be done as per clause mentioned in your agreement, with all outstanding dues settled.
If a security deposit is collected and contract is completed successfully, the deposit may be adjusted toward name transfer or final dues. If the vehicle is returned with damage or dues pending, deductions will apply. No interest is paid on deposits.
Any refund or exception is subject to management’s internal review and discretion. Bindutara Enterprises reserves the right to decline refund requests if found inconsistent with policy terms. All disputes shall be resolved under Kolkata jurisdiction.