Last updated: August 2026

These Terms and Conditions govern use of the AJMONEY website and platform, and the commercial arrangement between Amrut Jivan Technologies Private Limited (hereinafter referred to as "AJMONEY" or the "Company") and the Retailer, Distributor, or Super Distributor (collectively, the "Partner"). AJMONEY is a product of Amrut Jivan Technologies Private Limited. These Terms, together with the Partner Application Form (where applicable) and any attachments, constitute the entire agreement between the parties. No modification shall be binding unless made in writing and communicated by an authorized representative of AJMONEY.

By accessing www.ajmoney.in or using the Services, you agree to these Terms, our Privacy Policy, and our Refund Policy.

1. Acceptance and Appointment

These Terms take effect from the date of acceptance indicated on the Partner Application Form (the "Effective Date"), or from the date you first use the website or Services. The Partner shall commence operations within thirty (30) days of acceptance, in accordance with these Terms.

The Partner confirms that it has read and understood these Terms, evaluated the financial requirements, equipment needs, applicable services in its area of operation, and the risks associated with operating an AJMONEY outlet.

Subject to these Terms, AJMONEY appoints the Partner, and the Partner accepts appointment as an authorized Retailer, Distributor, or Super Distributor to establish and operate an outlet at the address specified in the application form (the "Outlet") for marketing, selling, and providing AJMONEY Services. Change of outlet address requires prior written consent from AJMONEY, signed by an authorized representative at Vice President level or above.

The appointment remains valid until termination. AJMONEY may withdraw the appointment by giving one (1) month's written notice, unless the Partner has breached this agreement. The Partner may describe itself as an authorized Partner of AJMONEY but shall not represent itself as an employee, officer, agent, or partner of AJMONEY, nor bind AJMONEY in any manner.

AJMONEY facilitates, distributes, and markets financial and technology products and services of various service providers. The Partner understands that AJMONEY is a facilitator and does not own the underlying products or services. AJMONEY shall not be liable for deficiencies in third-party services. Reasonable efforts are made to maintain uninterrupted service; however, downtime may occur due to maintenance, upgrades, or system failures at AJMONEY or service provider end. The Partner shall manage its business accordingly.

2. Operation of the Outlet

During the term, the Partner shall provide CMS, AEPS, BBPS, QR-based payments, recharge, Micro ATM, PAN Card, travel booking, POS, and other services enabled by AJMONEY (collectively, the "Services") through its designated personnel. AJMONEY may modify the list of Services, processes, and procedures at any time, and the Partner shall comply with such changes.

The Partner shall market, sell, and promote only those Services expressly permitted by AJMONEY. Additional services may be offered at AJMONEY's sole discretion. AJMONEY may direct the Partner to discontinue any Service without assigning reason.

The Partner shall procure, at its own cost, all infrastructure required for the Services, including computer terminals, internet connectivity, compatible mobile devices, and POS equipment. For mPOS, AJMONEY Software may be installed only on registered devices. The Partner shall display AJMONEY signage and branding as directed by the Company.

All Services must be transacted through the AJMONEY portal or approved software. Offline transactions and issuance of false receipts are strictly prohibited. Violations may attract civil, criminal, and penal action under applicable Indian law, including the Bharatiya Nyaya Sanhita and related statutes.

The Partner shall obtain all licenses, permits, and approvals required to operate the Outlet and bear all related costs and taxes. The Outlet shall remain open during normal business hours or as specified by AJMONEY. The Partner shall ensure lawful use of the Outlet and shall not permit prohibited, offensive, or illegal content or activity on the premises.

The Partner shall not encroach upon or poach the operational area of neighbouring AJMONEY Partners appointed by the Company.

3. Payments, Working Capital and Commission

Registration Fee: The Partner shall pay a non-refundable registration fee as per commercial terms defined by AJMONEY on or before the Effective Date. See our Refund Policy for details.

Working Capital: The Partner shall maintain working capital (interest-free deposit) in the designated bank account notified by AJMONEY. AJMONEY may revise the required limit by written notice, and the Partner shall deposit additional amounts promptly to maintain the prescribed balance.

Credit Limit: The Partner's credit limit shall equal the working capital balance maintained with AJMONEY. Transactions exceeding the credit limit shall be blocked until sufficient balance is available. Enhancement of credit limit is at the sole discretion of AJMONEY or the designated Distributor.

Commission: Commission shall be credited daily or monthly at rates published on the AJMONEY portal. AJMONEY shall determine gross margin sharing, and its decision shall be final. By conducting a transaction, the Partner is deemed to have accepted the applicable commission rate.

Pricing: All prices, fees, and discounts for Services are determined by AJMONEY and may be revised at its discretion. The Partner shall not offer unauthorized discounts, incentives, or subsidies. The Partner shall display applicable charge rates to customers and shall not overcharge.

Taxes and Costs: All applicable taxes, including GST, shall be borne by the Partner. All operational costs, including electricity, staff, travel, and promotion, shall be borne by the Partner. Minimum monthly activity or inactivity charges, if applicable, may be deducted from working capital.

Set-off: AJMONEY may set off any amount due from the Partner against any amount payable to the Partner.

4. Employees

The Partner is solely responsible for its personnel, including wages, statutory contributions under applicable labour laws, and all acts and omissions of its employees, agents, and representatives.

5. Intellectual Property

No license to AJMONEY's or the Company's patents, copyrights, trademarks, software, or other intellectual property is granted except as expressly permitted for operating the Outlet. The Partner shall not use AJMONEY branding on rubber stamps, letterheads, visiting cards, websites, or other materials except as authorized. Unauthorized use may result in deactivation of Services and legal action. The Partner shall indemnify AJMONEY against losses arising from misuse of intellectual property.

6. Confidentiality and Security

All information disclosed by AJMONEY or obtained under this agreement is confidential and shall not be disclosed to third parties without prior written consent, except as required by law or for enforcement of this agreement.

The Partner is solely responsible for safeguarding user IDs, passwords, and account credentials. AJMONEY shall not be liable for unauthorized access, fraud, or misuse arising from inadequate security practices by the Partner. The Partner shall follow standard security guidelines for the AJMONEY platform.

The Partner shall ensure that customer contact details captured on the platform are genuine and obtained from the customer. Use of fake or incorrect credentials is prohibited.

7. Exclusivity and Non-Compete

During the term, the Partner shall not, directly or indirectly, market or perform services similar to those offered by AJMONEY, solicit AJMONEY employees or contractors, interfere with AJMONEY's business relationships, or operate under a name identical or similar to AJMONEY.

The Partner confirms that it works exclusively with Amrut Jivan Technologies Private Limited for AJMONEY services during the term, unless otherwise permitted in writing by the Company.

8. Partner Obligations

The Partner warrants and undertakes that it shall:

  • Professionally market, sell, and promote the Services and respond promptly to customer inquiries;
  • Cooperate with AJMONEY representatives and report complaints or feedback;
  • Comply with applicable law, these Terms, and guidelines issued by AJMONEY;
  • Ensure personnel follow prescribed conduct, dress code, and security practices;
  • Not deny Services to any customer except with express written instruction from AJMONEY;
  • Not permit unauthorized persons to access systems, records, or the Outlet;
  • Not conduct any unrelated business from the Outlet;
  • Maintain required licenses, permits, and insurance, including cash-handling insurance where applicable;
  • Cooperate with audits, inspections, and regulatory reviews by AJMONEY or statutory authorities;
  • Report transaction or balance discrepancies to AJMONEY within twenty-four (24) hours;
  • Not engage in hawala, money laundering, third-party deposits, or unauthorized transactions.

9. Change in Partner

If the Partner is an individual, succession after death, incapacity, or inability to operate requires prior written consent from AJMONEY. If the Partner is a partnership or company, change in control, management, or majority shareholding requires prior written consent before continued operation of the Outlet.

10. Representations and Indemnity

The Partner represents that execution and performance of this agreement does not violate any other agreement or applicable law, and that it has authority to enter into and perform its obligations hereunder.

The Partner shall indemnify, defend, and hold harmless AJMONEY, Amrut Jivan Technologies Private Limited, its affiliates, officers, directors, employees, and agents from all claims, losses, damages, and expenses arising from the Partner's negligence, wilful misconduct, breach of law, misuse of intellectual property, unauthorized representations, labour law violations, or breach of these Terms.

11. Termination

These Terms shall cease upon expiry of the term. Either party may terminate without cause by giving thirty (30) days' written notice.

AJMONEY may terminate the appointment with twenty-four (24) hours' notice, or immediately without notice, if the Partner:

  • Breaches these Terms and fails to remedy within fifteen (15) days of notice, where remediable;
  • Violates intellectual property or confidentiality obligations;
  • Repeatedly fails to deposit transaction proceeds;
  • Engages in fraud, offline transactions, or conduct damaging AJMONEY's reputation;
  • Becomes insolvent, changes control without consent, or is convicted of a criminal offence;
  • Fails to commence operations within the prescribed period.

Upon termination, the Partner shall within fifteen (15) days clear all dues, return confidential information and Company materials, remove AJMONEY software and branding, and provide access for disabling installed systems. The Partner shall have no claim for compensation, loss of profit, or opportunity cost. Clauses relating to intellectual property, confidentiality, non-compete, and indemnity shall survive termination.

12. Miscellaneous

Governing Law: These Terms are governed by the laws of India. Courts at Rajkot, Gujarat shall have exclusive jurisdiction.

Dispute Resolution: Parties shall attempt amicable resolution. Failing that, disputes shall be referred to arbitration under the Arbitration and Conciliation Act, 1996, by a sole arbitrator mutually agreed upon. Proceedings shall be conducted in English. The Partner is a business associate and not a consumer of AJMONEY under consumer protection law. Disputes between Partners shall be resolved by an officer of AJMONEY, whose decision shall be final.

Non-Exclusive Appointment: The Partner's rights, including area of operation and limited use of AJMONEY intellectual property, are non-exclusive.

Force Majeure: AJMONEY shall not be liable for delay or failure caused by events beyond reasonable control. If such an event continues beyond thirty (30) days, AJMONEY may terminate the appointment without compensation.

Relationship: The parties act on a principal-to-principal basis. Nothing herein creates partnership, agency, employment, or joint venture.

Notice: Notices shall be in writing and delivered by hand, courier, or email to addresses provided in the application form.

Assignment: The Partner may not assign rights or obligations without prior written consent from AJMONEY.

Software: The Partner shall not sublicense, modify, reverse engineer, or transfer AJMONEY software or documentation.

Amendment: Changes to these Terms published on this website shall be binding on the Partner. The Partner undertakes to review updates at https://www.ajmoney.in/terms-and-conditions.html. Company-level terms are also published at amrutjivantech.com/terms-and-conditions.html.

13. Declaration

I/We hereby apply to become a Retailer, Distributor, or Super Distributor of Amrut Jivan Technologies Private Limited (AJMONEY) for facilitating, distributing, marketing, and providing financial and technology services made available through the AJMONEY network, including CMS, AEPS, BBPS, QR payments, recharge, Micro ATM, PAN Card, travel booking, and POS solutions.

I/We confirm that the information provided is true and correct, that I/we have read and understood these Terms and Conditions, and that I/we agree to abide by all rules, policies, and guidelines of AJMONEY as amended from time to time. I/We shall be solely responsible for any breach and authorize AJMONEY to withhold commission, fees, or deposits until required documentation is submitted to the Company's satisfaction.

14. Communication and Fund Transfer Disclaimer

The Partner agrees to receive communications from AJMONEY, including voice, SMS, email, digital, and other modes, which may include promotional content. Opt-out may not be available for service-related communications.

The Partner shall immediately inform AJMONEY of all cash deposits and fund transfers to designated accounts and ensure working limit is updated in the portal. The Company shall not be responsible for delay or non-assignment of working limit if the Partner fails to notify AJMONEY promptly after deposit. The Partner shall report excess credits within twenty-four (24) hours and authorizes AJMONEY to recover excess amounts or adjust outstanding liabilities.

The Partner shall not communicate directly with bankers of AJMONEY or disclose dispute details to third parties except as permitted under this agreement. Third-party deposits detected by the Company may be forfeited or returned to the original depositor at the Company's discretion, and the Partner's code may be blacklisted and reported to authorities.

The Partner undertakes not to engage in hawala or money laundering activities. NPCI or network transaction charges, where applicable, may be debited from the Partner portal as communicated by the Company.

For queries regarding these Terms, contact info@amrutjivantech.com or call 9558307907.