Terms & Conditions
- Investor Definition
An applicant (hereinafter referred to as the “Investor”) is an individual who voluntarily subscribes to an investment scheme offered by Zustup and agrees to comply with the applicable terms, conditions, rights, and obligations governing the selected scheme.
- Minimum Investment Amount
The minimum investment amount is ₹10,000. There is no upper limit, subject to internal approval and applicable compliance requirements.
- Mode of Payment
All investment payments must be made strictly in the name of Zustup through approved banking channels including Cheque, Demand Draft (DD), NEFT, IMPS, RTGS, or UPI.
The Company shall not be responsible for any funds transferred to an individual account or payments made in cash.
- Nomination Requirement
Nomination is mandatory. In the event of the Investor’s demise, the investment amount along with applicable returns (if any) shall be transferred to the registered nominee, subject to verification and the terms of the selected scheme.
- Bond / Investment Certificate
The issued Bond / Investment Certificate must be retained by the Investor as proof of investment. The Company reserves the right to verify identity and supporting documentation before processing any request related to the investment.
- Premature Withdrawal
Early withdrawal during the investment period may be permitted only as per the terms of the selected scheme and shall be subject to applicable conditions, notice requirements, and deductions as specified in the agreement.
- Loan Against Investment (If Applicable)
The Investor may be eligible to apply for a collateral-free loan of up to 75% of the total invested amount, subject to internal approval and applicable terms, repayment conditions, and company policies.
- Surrender / Discontinuation
If the Investor chooses to discontinue the investment prior to maturity, a surrender request may be submitted.
Refunds, if applicable, shall be processed within fifteen (15) working days from approval, subject to the terms of the selected scheme.
Early surrender may attract applicable deductions or adjustments, which may be up to 25% of the total invested amount, depending on the scheme terms and the duration for which the investment has remained active.
- Personal Accident Insurance (If Applicable)
Personal Accident (PA) insurance coverage equivalent to the investment value may be provided for investments exceeding ₹5,00,000, subject to insurer terms and eligibility criteria.
Coverage shall commence from the second day of investment and remain valid until the maturity date, unless otherwise specified.
- Compliance & Verification
All investments are subject to KYC verification, internal compliance review, and applicable regulatory requirements. The Company reserves the right to reject or suspend applications that do not meet compliance standards.
- Payment Responsibility
Investors must ensure that payments are transferred only to the official bank account of Zustup.
The Company shall not be liable for any loss arising from transfers made to unauthorized accounts or individuals claiming association with the Company.
- Investor Declaration
By submitting this application, the Investor confirms that all information and documents provided are true, accurate, and complete to the best of their knowledge.
Zustup shall not be responsible for consequences arising from incorrect or incomplete information provided by the Investor.
- Scheme Understanding
The Investor confirms that they have read, understood, and voluntarily accepted the Terms and Conditions governing the selected investment scheme, including lock-in conditions, payout structure, and applicable deductions.
No claims shall arise on the grounds of misinterpretation or lack of understanding of the scheme features.
- Communication Disclaimer
Only communications issued through official channels of Zustup shall be considered valid.
The Company shall not be responsible for representations or assurances made by unauthorized individuals, agents, or third parties that differ from the official scheme terms.
- Right to Amend
Zustup reserves the right to modify, update, or amend these Terms and Conditions to align with regulatory requirements, operational policies, or business needs.
Such changes shall take effect upon publication or official notification.
- Jurisdiction
Any disputes arising out of or relating to these Terms and Conditions shall be subject to the jurisdiction of the courts located in Tiruppur, Tamil Nadu.
- Anti-Money Laundering (AML) Compliance
Zustup is committed to complying with all applicable Anti-Money Laundering (AML) and regulatory requirements under the laws of India.
The Company reserves the right to request additional documentation, information, or verification from the Investor at any stage of the investment relationship in order to comply with applicable AML, KYC, or regulatory obligations. Failure to provide the requested information may result in delay, suspension, or rejection of the application or investment.
- Force Majeure
Zustup shall not be held liable for any delay, interruption, or failure in performance of its obligations where such delay or failure arises from events beyond its reasonable control.
Such events may include, but are not limited to, natural disasters, acts of God, governmental or regulatory restrictions, war, civil disturbances, technical failures, system outages, or other unforeseen circumstances that prevent or hinder normal operations.
- Taxation
Any taxes, duties, levies, or statutory charges applicable on investment returns shall be borne solely by the Investor in accordance with the prevailing income tax laws and regulations of India.
Zustup shall not be responsible for the Investor’s individual tax liabilities arising from the investment. Investors are advised to consult their tax advisors for guidance regarding the taxation of investment returns.
Investor Acceptance
By proceeding with the application, the Investor confirms that they have read, understood, and agreed to the above Terms and Conditions governing the investment.