Optymoney is an integrated platform to resolve individual financial management problems – problems related to tax compliances, calculating expenses, ensuring savings, investing at the right time in right options, managing investments and ensuring your legacies are preserved. All this is complex assuming the hassles of multiple accounts & forgotten passwords, different processes for different activities and different contact points for each work.
Our Mission : To automate individual finance management with an option to avail advanced personalised services in a secured and simplified manner. Optymoney and its team of experts brings to you tools and information to help you achieve your financial goals and making compliances, savings and investing profitable fun and stress free.
Optymoney terms of service are to be read in conjunction with the Caveats mentioned below. Please note that we accept no responsibility or liability to any third parties for use of information, tools, applications, software and content. Optymoney will not be responsible for any damage or loss of action to any one, of any kind, in any manner, direct or indirect. Users and readers should seek appropriate professional advice before acting on the basis of any information contained herein or using any Software provided herein.
Optymoney is an integrated financial services platform for individuals to provide the following services –
A visitor needs to register/sign up on the website to use the services. The website enables him to manage all his finance related problems at one platform. The website provides automated on-line software/application, advice & assistance, and also recommends personalised assistance of Chartered Accountants, Lawyers and other experts to manage his tax compliance, investment decisions and will creation. The website also facilitates user to store all these information at one central location, thereby enabling ease of data retrieval, called as the e Locker. Most of the features are designed in a manner to enable you to “Do It Yourself” (DIY) post you register for the website and you make the payments. The information, assistance and documentation provided is to guide a visitor or a registered user or a customer but does not constitute legal, financial or tax advice.
The Optymoney Platform may also offer you the opportunity to visit links to other websites or to engage with third-party products or services. You assume all risk arising out of your use of such websites or resources. We cannot guarantee that these links will work at all times and have no control over the availability of the linked pages. In particular Optymoney is not responsible for any privacy policies on external websites. Optymoney does not endorse or review these websites and in no way warrant or guarantee the products, services, information, content, views, opinions, data offered on these websites and would be not responsible in any way for the same.
You may enable another online service provider, such as a social networking service, to be directly integrated into your account on the Optymoney Platform.
If you e-file your return at https://optymoney.in, your return will be uploaded to the income tax department server through Optymoney's registered e-return intermediary certificate. By registering for Optymoney services, user(s) will be added as a Optymoney client at the Income Tax Department's website. You authorize Optymoney to periodically check your income tax return history and send alert in case of any requirement.
Optymoney has tied up with Bombay Stock Exchange (BSE) Star MF platform to process all your Mutual Fund Buy / Purchase / Switch / Systematic Investment Plan (SIP) / Systematic Transfer Plans (STP) / Systematic Withdrawal Plan (SWP) etc. and pass them to the relevant AMC and RTA for processing. The Payment Gateway available on the Optymoney website is also provided by BSE Star MF platform. Optymoney does not offer all mutual Fund schemes for investing for its registered users and is not obliged to do that. Optymoney would only not be able to offer schemes that are not available on the BSE Star MF platform. Optymoney only distributes AMC products and does not warranty or guaranty the AMC or any mutual fund schemes that they offer. Your details like PAN, Address Details, FATCA declaration, Bank Details and Documents, Signature, etc would be shared with BSE Star MF platform to facilitate your Mutual Fund order and Payment processing to be passed onto relevant AMCs and RTAs. Such records may be used by the Optymoney/BSE/AMC/RTA, in physical/offline/Online mode, for authorizing the transactions that have been submitted by you. Optymoney and BSE would be sending your messages on the Mobile Number and email ID provided by you to inform you status of your orders/ Investments/Portfolio/New schemes etc and this consent will override any registration for Do Not Call ("DNC") / National Do Not Call ("NDNC") registry. For investment in Systematic Investment Plans, your NACH/ECS mandate would need to be sent to BSE and further to your Bank for registration. Only post this successful registration and subsequent successful money transfer, your requests for subscriptions will be sent to the relevant AMCs. Subscription to the Fund Schemes is subject to realization of funds. The instructions would be processed for the same day if they are received before the cut off times prescribed by Optymoney and BSE. BSE and Optymoney reserve the right, at their sole discretion, to keep these cut offs ahead of the cut offs prescribed by AMCs and RTAs. The Optymoney and BSE cut offs are kept ahead of the AMC/RTA cut off keeping in mind the processing time required at their end for checking / validating and reconciling the order and the payments before passing them onto the AMCs/RTAs.
The website may hold advertising and other material from other third parties and Optymoney under no circumstances would accept any liability on the same. Optymoney is not responsible for any errors of omission or commission on account of these third party advertisements and content.
Optymoney has a legal duty to protect the confidentiality of taxpayer information. We take all reasonable steps to protect any information you submit via our website, both online and offline, in accordance with relevant legislation in India. We take all appropriate steps to protect your personally identifiable information as you transmit your information from your computer to our site and to protect such information for loss, misuse, and unauthorised access, disclosure, alteration, or destruction. We use technologies to safeguard your data, and operate strict security standards to prevent any unauthorised access to it.
However, you acknowledge and agree that Optymoney has the right to monitor the Site electronically from time to time and to disclose any information as necessary or appropriate to satisfy any law, regulation or other governmental request, to operate the Site properly, or to protect itself or its customers. Optymoney will not intentionally monitor or disclose any private electronic-mail message unless required by law. Optymoney reserves the right to refuse to post or to remove any information or materials, in whole or in part, that, in its sole discretion, are unacceptable, undesirable, inappropriate or in violation of these Terms of Service
Certain features or services may require that you enter into a separate and supplemental written agreement prior to use. Services provided vide separate agreements shall be governed by respective Letter of Engagement.
You can make payment for our online services in the manner set-out on the website including payment gateway and for offline services you can make payment by NEFT or cheque. We shall be liable to charge and recover the charges in respect to payment gateway from you in event you choose to make payment through payment gate way. GST would be added to the value of services or any other applicable taxes shall be levied. Optymoney has tied up with Bombay Stock Exchange (BSE) Star MF platform to process all your Mutual Fund Buy / Purchase / Switch / Systematic Investment Plan (SIP) / Systematic Transfer Plans (STP) / Systematic Withdrawal Plan (SWP) etc. and pass them to the relevant AMC and RTA for processing. The Payment Gateway available on the Optymoney website is also provided by BSE Star MF platform.
You make seek refund in case of any excess payment for reasons such system error, incorrect estimate or any other operational or technical issue subject to sole discretion to determine whether a particular case is appropriate for full refund or not. Any refunds made shall be subject to deduction of payment gateway charges by us, if applicable.
The material contained on this site and on the associated web pages is general information and is not intended to be advice on any particular matter. Users and readers should seek appropriate professional advice before acting on the basis of any information contained herein or using any Software provided herein. Optymoney, its directors, employees, agents, representatives and the authors expressly disclaim any and all liability to any person, whether a subscriber or not, in respect of anything and of the consequences of anything done or omitted to be done by any such person in reliance upon the contents of this site or use of software provided in this site and associated web pages.
The selection of recommended funds in Optymoney is not influenced by the commission earned by us. You also agree that Optymoney has not offered any Cash backs, Gifts or rebates from the commissions to influence you directly or indirectly to invest in the mutual fund schemes.
In no event shall Optymoney be liable for any direct, indirect, punitive, incidental, special, consequential damages or any damages whatsoever including, without limitation, damages for loss of use, data or profits, arising out of the use or performance or inability to use the Optymoney website or related services. We diligently work to ensure the accuracy of the calculations on every form prepared using optymoney tax preparation software. The services related to Will Creation are completely professional in nature and we are not a Law Firm.
The site is provided "as is," without warranty of any kind, either express or implied, including without limitation, any warranty for information, data, services, uninterrupted access, or products provided through or in connection with the site. Specifically, Optymoney disclaims any and all warranties, including, but not limited to: (1) any warranties concerning the security, availability, accuracy, usefulness, or content of information, products or services and (2) any warranties of title, warranty of non-infringement, warranties of merchantability or fitness for a particular purpose. This disclaimer of liability applies to any damages or injury caused by any failure of performance, error, omission, interruption, deletion, defect, delay in operation or transmission, computer virus, communication line failure, theft or destruction or unauthorized access to, alteration of, or use of record, whether for breach of contract, tortuous behaviour, negligence, or under any other cause of action.
Users of the website must read the respective offer documents of the Mutual Funds carefully before investing. The estimates based on historical performance of the funds and are done to facilitate informed decision making for the investors. These do not constitute a promise or a guarantee a certainty of returns.
SEBI DISCLAIMER - Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing. Past performance is not indicative of future returns. Portfolio returns and allocation between equity and debt are estimated based on a number of factors including the user's risk profile, goal horizon and disclosed financial position. Performance of any investment portfolio can neither be predicted nor guaranteed.
Optymoney has taken great care and effort in doing research in putting together the information, data and analysis to facilitate and help you in taking investment decisions that you could be best for you to meet your investment goals. The information available on the Optymoney website, the recommendations and other data available does not amount to Investment Advice. You must take independent financial planning, legal, accounting, tax or other professional advice before investing or withdrawing from Mutual Funds schemes being offered by Optymoney on our website or through our Offline channels.
Optymoney would not be liable to any loss of interest and/ or opportunity loss and /or any loss arising due to movement of Net Asset Value (NAV), notional or otherwise, due to any subscription/redemption/SIP/STP/SWP etc order not being processed, rejected or being delayed at AMC, RTA, Bank, BSE or Optymoney due to manual or auto processing, breakdown of technology systems and connectivity, website out of service etc. Any order placed on a holiday or after cut off time on the day just before the holiday would be processed on the next business day and the NAV would be applicable as per the respective scheme related documents. All directions given by you for SIP/STP/SWP would be considered as the bona fide orders placed by you and would be sent for processing to BSE and subsequently to AMCs and RTAs. You agree to these terms and conditions by registering with Optymoney.
Optymoney has tied up with Bombay Stock Exchange (BSE) Star MF platform to process all your Mutual Fund Buy / Purchase / Switch / Systematic Investment Plan (SIP) / Systematic Transfer Plans (STP) / Systematic Withdrawal Plan (SWP) etc. and pass them to the relevant AMC and RTA for processing. The Payment Gateway available on the Optymoney website is also provided by BSE Star MF platform. Optymoney advises its customers to refer to the latest Prices/Rates/market values etc from time to time. Under no circumstances can Optymoney be held liable for any losses/capital losses etc. In no case shall Optymoney or its directors, employees, or authorized representatives be held liable for any direct, indirect, punitive, consequential ,special, or exemplary damages of any nature whatsoever, for any decision made or action taken in reliance upon the Services and Information.
Optymoney takes utmost care in the website data and its content, registered user and Visitor information is kept secure and safeguarded. However, the registered users and Visitors of the website fully understand and agree that Optymoney would not be held liable for any breaches on account of unscrupulous, illegal and unlawful access of this data through hacking or viruses. The Registered users and visitors waive their right to make any claims on Optymoney and its management, employees, authorized personnel and Directors. Optymoney makes no claims, warranties, guarantees, representations (either implicit or express) that the Information, Services, content etc. of the website are not infected by any malicious computer programmes or code, viruses etc. which has any destructive or contaminating properties. Optymoney shall have no liability in respect thereof. Technical reasons can be responsible for incorrectness, delays, shortcomings or defects of the information, content and services.
You agree to Indemnify, protect, fully compensate, defend and hold harmless, Optymoney and its Directors, Employees, Affiliates, Group Companies, Authorized Personnel, Sub Brokers, Agents, Representatives, contractors, from any losses imposed or claims asserted and incurred due to you accessing this website, your violation and infringement of the terms and conditions or any violations of intellectual property.
These terms and conditions shall be governed by and construed in accordance with the laws of India. Any dispute arising under these terms and conditions shall be subject to the exclusive jurisdiction of the courts of Bangalore, India.
If you access the Optymoney Platform through a Optymoney application, you acknowledge that this Agreement is between you and Optymoney only, and not with another application service provider or application platform provider (such as Apple Inc. or Google Inc.), which may provide you the application subject to its own terms. To the extent you access the Optymoney Platform through a mobile device, your wireless carrier’s standard charges, data rates, and other fees may apply.
You consent to receive communications from us by email in accordance with this Agreement and applicable law. You acknowledge and agree that all agreements, notices, disclosures and other communications that we provide to you electronically will satisfy any legal requirement that such communications be in writing. Optymoney may use the contact information (phone number, email ids, etc.) shared by you to send you important communication related to latest tax updates, return filing process, reminders, product features, new releases, etc. via email, sms, whatsapp or any other such medium. If you do not wish to receive such emails.
Optymoney shall use the Mobile number / Email Address / Address Details provided by you to communicate with you. You may opt out of some of these communications, if you deem fit. Optymoney would also generate alerts and news flash for you in your account. These could also be sent as SMS on your Mobile number or as emails on your email address provided to Optymoney. You hereby agree to receive all these communications and alerts from Optymoney.
This Agreement supersedes all prior terms, agreements, discussions and writings regarding the Optymoney Platform and constitutes the entire agreement between you and us regarding the Optymoney Platform (except as to services that require separate written agreement with us, in addition to this Agreement). If any provision in this Agreement is found to be unenforceable, then that provision will not affect the enforceability of the remaining provisions of the Agreement, which will remain in full force and effect.
All notices permitted or required under this Agreement, unless specified otherwise in this Agreement, must be sent in writing as follows in order to be valid: (i) if to you, by us via email to the address associated with your account, and (ii) if to us, by you via support firstname.lastname@example.org . Notices will be deemed given (a) if to you, when emailed, and (b) if to us, on receipt by us.
All notices permitted or required under this Agreement, unless specified otherwise in this Agreement, must be sent in writing as follows in order to be valid: (i) if to you, by us via email to the address associated with your account, and (ii) if to us, by you via support email@example.com. Notices will be deemed given (a) if to you, when emailed, and (b) if to us, on receipt by us.
This Agreement does not create a joint venture, agency, partnership, or other form of joint enterprise between you and us. Except as expressly provided herein, neither party has the right, power, or authority to create any obligation or duty, express or implied, on behalf of the other.
No wavier of any terms will be deemed a further or continuing waiver of such term or any other term. Our failure to assert a right or provision under this Agreement will not constitute a waiver of such right or provision.
You agree to execute a hard copy of this Agreement and any other documents, and to take any actions at your expense that we may request to confirm and effect the intent of this Agreement and any of your rights or obligations under this Agreement.
Feel free to contact us through contact with any questions about these terms. Optymoney is an India based entity located at No. 85/1, CBI Main Road, Bangalore – 560024, India.