Terms of Service

Version 1.2 · Effective 3 October 2026

1. About these Terms

These Terms of Service ("Terms") govern your access to and use of the website www.mostlynri.com, its subdomains, tools, and related services (together, the "Services" and the "Site").

MostlyNRI is a brand operated by Housewise Services Private Limited ("MostlyNRI," "we," "us," "our"), a company registered under the Companies Act, GSTIN 27AADCH6832P1Z1, with its registered office at E-901, Costa Rica Society, Wakad, Pimpri-Chinchwad, Pune, Maharashtra 411057, and a correspondence office at 91Springboard, Creaticity Mall, Yerwada, Pune 411006.

By accessing or using the Site or the Services, you ("you," the "Client") agree to be bound by these Terms and our Privacy Policy. If you do not agree, do not use the Site or the Services.

2. Nature of our services — facilitation, not advice

MostlyNRI provides administrative and facilitation services to Non-Resident Indians, including:

• Income-tax return filing and tax-compliance support

• PAN/Aadhaar/OCI assistance

• NRE/NRO account-opening support

• Fund-transfer and repatriation support

• Facilitation of investment products (such as mutual funds, Portfolio Management Services, and GIFT-City funds) through licensed and regulated third-party partners

Mutual-fund and PMS products are facilitated through Wealthy, a registered mutual-fund distributor; the applicable AMFI Registration No. is ARN-332335. The products themselves are offered by the respective asset-management companies and PMS providers.

MostlyNRI is not a SEBI-Registered Investment Adviser and does not provide investment advice. Nothing provided by MostlyNRI constitutes investment, tax, legal, accounting, or FEMA advice, or an offer, solicitation, or recommendation to buy or sell any security or product. We facilitate execution through regulated partners; the decision to file a particular return, take a tax position, or make any investment is yours alone, and you are advised to obtain independent professional advice. MostlyNRI does not hold or handle client funds at any point.

3. Eligibility and registration

You must be 18 or older and legally competent to contract. You are responsible for your account credentials and for all activity under your account. We may refuse, suspend, or terminate any registration or Service at our sole discretion. We are under no obligation to verify information you provide and are not liable for any loss arising from inaccurate information.

4. KYC, FATCA/CRS, and regulatory compliance

To use investment, account-opening, or certain other Services, you must complete Know-Your-Customer (KYC) verification and provide the identity, address, and other documents and declarations required by law and by our partners, including a FATCA and CRS self-declaration of your tax residency.

You are responsible for the accuracy and completeness of your KYC and tax-residency declarations. You authorise us to share your KYC and related information with the relevant partner, distributor, asset-management company, PMS provider, bank, or authority as required to provide the Service and to meet legal and regulatory obligations. We may decline or discontinue a Service where KYC or any required declaration is incomplete, inaccurate, or not provided.

5. Your obligations and accurate information

You warrant that all information, documents, and representations you provide are true, accurate, complete, and current, and that you have the right to provide them. You will provide the information and documents we reasonably require promptly.

You are solely responsible for the consequences of information that is inaccurate, incomplete, misleading, or provided late, including any resulting penalty, interest, delay, rejection, or missed deadline.

6. Tax services — scope and responsibility

Where we assist with tax returns, notices, refunds, or compliance, we do so on the basis of the information and documents you supply and the positions you approve. The final return and all tax positions are your own responsibility as the taxpayer.

We do not guarantee any refund, assessment, timeline, or outcome, and we are not liable for any penalty, interest, notice, demand, disallowance, re-assessment, or other consequence, in particular where it arises from information you supplied, a position you approved, a change in law or its interpretation, or the act of any tax authority. We do not represent that any filing will be accepted or will not be subject to scrutiny.

Tax returns, filings, and related work are prepared and/or reviewed by independent qualified tax professionals (such as chartered accountants), who are solely responsible for their own professional work, advice, and conduct. Whether you contract such professionals directly or we arrange them on your behalf, MostlyNRI is not liable for any act, error, omission, advice, or default of any tax professional or chartered accountant, including any resulting penalty, interest, or loss.

7. Investment facilitation — not advice; market risk

Any facilitation of mutual funds, PMS, GIFT-City funds, or other investment products is provided on an execution/referral basis through licensed and regulated partners (including Wealthy as distributor and the respective product providers), and is not investment advice or a recommendation.

Investments are subject to market and other risks; you should read all scheme and offer documents carefully and consult a qualified, regulated financial adviser before investing. Suitability, eligibility (including accredited-investor and residency criteria), and the decision to invest are yours; MostlyNRI does not warrant returns, performance, or suitability and is not liable for any investment loss.

MostlyNRI is not liable for the acts, errors, omissions, advice, delays, or defaults of Wealthy, any asset-management company, PMS provider, or other product provider, whether or not introduced or arranged by MostlyNRI.

8. FEMA, banking, and repatriation

Support for NRE/NRO accounts, fund transfers, and repatriation is administrative facilitation only. Compliance with the Foreign Exchange Management Act, RBI regulations, applicable Liberalised Remittance Scheme and repatriation limits, and your home-country laws is your responsibility. We do not warrant eligibility, limits, timelines, or outcomes, and we are not liable for any statutory, tax, or banking consequence of a transfer or account.

9. Third-party partners and vendors

Many Services are delivered through, or alongside, third-party partners — chartered accountants, Wealthy and other mutual-fund distributors, PMS/AIF providers, banks, and payment and technology providers. You may be required to contract directly with such partners on their own terms.

MostlyNRI is not a reseller of, and is not responsible or liable for, the acts, omissions, advice, quality, timeliness, delays, or defaults of any partner or vendor, or for the outcome of any product or service they provide. This includes, without limitation, tax professionals and chartered accountants, Wealthy and other distributors, and asset-management and PMS providers: MostlyNRI's role is limited to facilitation and coordination, and MostlyNRI does not accept liability for their professional errors, omissions, advice, or defaults, even where MostlyNRI introduced, recommended, or arranged them.

10. Fees, payment, and taxes

Fees are as quoted to you before the relevant Service begins; on your approval, payment is due as communicated. All fees are payable to MostlyNRI through the channels we designate, and not directly to any third-party vendor outside those channels.

GST and other applicable taxes will be added, and we will issue invoices. MostlyNRI does not hold client funds beyond collection of its own Service fees. We may change fees on notice, but not retroactively for a Service already paid.

11. Cancellation and refunds

Except where required by law, all fees are non-refundable, including once a Service has commenced and on cancellation, termination, or suspension. On cancellation, you remain liable for Services already performed or in progress and for all third-party and out-of-pocket costs already incurred or committed on your behalf.

12. Communications and consent

By registering or using the Services, you consent to receive service communications necessary for the Services. Separately, you may opt in to promotional communications and may opt out at any time via the unsubscribe link, your settings, or by writing to us.

You consent to be contacted by email, SMS, RCS, WhatsApp, and telephone, including by automated means, in connection with the Services, and — for service communications essential to the engagement — notwithstanding any DND/NCPR registration, to the extent permitted by law. Calls with us may be recorded for quality, training, and compliance purposes; by proceeding with such a call you consent to the recording. We honour marketing opt-outs and applicable telecom and data-protection rules.

13. Sanctions and restricted parties

You represent and warrant that you are not located in, or a resident or national of, any country or territory subject to comprehensive sanctions or embargo, and that you are not a person or entity designated on any applicable sanctions or restricted-parties list. You will not use the Services in violation of any applicable sanctions or export-control law. We may suspend or decline any Service to comply with such laws.

14. Website materials, tools, and intellectual property

The Site and all its materials, marks, and content are owned by or licensed to MostlyNRI; you are granted a personal, non-exclusive, non-transferable, revocable licence to view them for personal, non-commercial use only. You may not copy, modify, reverse-engineer, publicly display, or redistribute the materials, or remove proprietary notices.

Calculators, data feeds, and other tools on the Site are generated by automated formulas from various sources, are provided for general information only, may contain errors, and must not be relied upon as advice; we do not warrant their accuracy, completeness, or currency and may change them without notice.

15. Acceptable use

You agree not to: breach these Terms; upload malicious code; scrape or use bots on the Site; use the Site or Services unlawfully, fraudulently, or harmfully; infringe any third-party right; or interfere with other users. Breach entitles us to suspend or terminate access immediately, without notice.

16. Disclaimer of warranties

THE SITE AND ALL SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE," WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, ACCURACY, OR LEGAL OR REGULATORY COMPLIANCE, TO THE FULLEST EXTENT PERMITTED BY LAW. We do not warrant uninterrupted, error-free, or secure operation, and provide no remedy for interruptions or data loss.

17. Limitation of liability

TO THE FULLEST EXTENT PERMITTED BY LAW, MOSTLYNRI AND HOUSEWISE SERVICES PRIVATE LIMITED, AND THEIR OFFICERS, DIRECTORS, EMPLOYEES, AND AGENTS, ARE NOT LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, OR FOR LOSS OF PROFITS, REVENUE, DATA, GOODWILL, OR INVESTMENT.

OUR TOTAL AGGREGATE LIABILITY FOR ANY AND ALL CLAIMS ARISING OUT OF OR RELATING TO THE SERVICES OR THE SITE SHALL NOT EXCEED THE LOWER OF (A) THE FEES YOU PAID MOSTLYNRI FOR THE SPECIFIC SERVICE GIVING RISE TO THE CLAIM, OR (B) INR 5,000. This cap applies in aggregate and survives termination. Nothing excludes liability that cannot lawfully be excluded.

18. Indemnification

You agree to indemnify, defend, and hold harmless MostlyNRI and Housewise Services Private Limited and their officers, directors, employees, and agents from any claim, loss, liability, cost, or expense (including legal fees) arising from or relating to:

• your breach of these Terms;

• your use or misuse of the Site or Services;

• information you provided or positions you approved;

• your violation of any law or third-party right; and

• any claim by a tax authority, partner, or third party in connection with your affairs.

19. Force majeure

We are not liable for any delay or failure caused by events beyond our reasonable control, including acts of God, natural disaster, epidemic or pandemic, war, terrorism, civil unrest, strikes, government or regulatory action, power or internet failure, or third-party or partner failure.

20. Term, suspension, and termination

We may suspend or terminate your access or any Service at any time, at our discretion, with or without cause or notice, including for suspected fraud, breach, or harmful conduct.

Termination does not entitle you to any refund or relieve you of amounts due. Sections that by their nature should survive (including 2, 4–9, 11, 13, 14, 16–19, 21, 23) survive termination.

21. Governing law, arbitration, and jurisdiction

These Terms are governed by the laws of India. Any dispute arising out of or relating to these Terms or the Services shall first be attempted to be resolved amicably; failing which, it shall be referred to and finally resolved by institutional arbitration administered by Sama (Odrways Solutions Private Limited, www.sama.live) in accordance with Sama's Arbitration Rules in force at the commencement of the arbitration, by a sole arbitrator appointed by Sama from its panel.

The seat of arbitration shall be Pune, Maharashtra; the language shall be English; and, subject to the arbitration, the courts at Pune, Maharashtra shall have exclusive supervisory jurisdiction. If you access the Services from outside India, you are responsible for compliance with local law.

22. Amendments

We may modify these Terms at any time. For material changes, we will give notice through the Site or by email, and will update the "Version" and date. Your continued use after a change takes effect is acceptance; if you do not accept, your remedy is to stop using the Site and Services.

23. Order of precedence and miscellaneous

Our Privacy Policy is incorporated by reference. Our protections across these Terms, the Privacy Policy, and any service-specific or partner terms are cumulative; on a genuine conflict on the same point, these Terms prevail, except that on personal-data matters the Privacy Policy prevails, and on a product or service governed by a partner's own agreement, that agreement governs the relationship with that partner.

You may not assign these Terms; we may assign to an affiliate or acquirer. If any provision is held invalid, the remainder stays in force and the provision is reformed to be valid while reflecting our intent. No waiver is implied by delay. "Including" means "including without limitation." Notice may be given by email or to the registered office.

Contact

Email: [email protected]

Registered office: E-901, Costa Rica Society, Wakad, Pimpri-Chinchwad, Pune, Maharashtra 411057

Correspondence: 91Springboard, Creaticity Mall, Yerwada, Pune 411006

GSTIN: 27AADCH6832P1Z1

Version 1.2 · Last updated: 3 October 2026