Terms of Service
Last updated: October 9, 2025
The Plain English Version
Welcome to befikar.ai. We're different. We measure success by how quickly you don't need us anymore.
For Indian residents only. Paid subscriptions use Razorpay for Indian payment methods. Content is India-focused.
By using befikar.ai, you agree to these terms. If you don't agree, don't use the site. Simple.
Eligibility
- Indian Residents Only: This service is available only to residents of India
- Age 18+: You must be at least 18 years old
- Valid Email: You must provide a valid email address
- Payment Methods: Indian payment methods accepted via Razorpay (UPI, cards, net banking, etc.)
We reserve the right to verify eligibility and terminate accounts that don't meet these requirements.
Critical Disclaimer: Education Only
THIS IS A FINANCIAL EDUCATION PLATFORM ONLY.
We provide general educational content about personal finance concepts. We do NOT provide:
- Personalized financial advice
- Investment recommendations
- Tax guidance
- Legal advice
All content is generic and educational. Any examples using numbers, ages, or situations are hypothetical. Apply concepts to your situation at your own discretion.
What We Are (And Aren't)
We ARE:
- A financial education platform for Indian residents
- A tool for tracking your general anxiety level about money
- A source of weekly educational nudges
We ARE NOT:
- SEBI registered investment advisors
- Licensed financial planners
- Tax professionals
- Fiduciaries
Your Account
- Anonymous by design: We don't collect personal financial information
- Email only: Just for login and weekly nudges
- Generic data: Your selections help us show relevant education
Payments & Refunds
- Processor: Razorpay handles all payments securely
- Plans: Monthly (₹100/month) or Annual (₹1000/year) billed in INR
- Payment methods: UPI, credit/debit cards, net banking, and other Indian payment methods
- Refunds: Cancel anytime through your account. No partial refunds
- Price changes: 30 days notice before any increases
Educational Content
Nature of Content:
- General financial education principles based on Indian systems
- Hypothetical examples using Indian scenarios
- Generic calculators for Indian financial situations
- Research-based insights for Indian financial planning
The Legal Stuff
NO WARRANTIES: Educational content is provided "as is." We don't guarantee outcomes.
LIMITED LIABILITY: Our maximum liability equals your last 12 months of fees. You're responsible for your financial decisions.
INDEMNIFICATION: You'll cover our costs if you misuse the service.
INTELLECTUAL PROPERTY: Our content is copyrighted. Don't republish without permission.
Regulatory Compliance
Befikar.ai is an individual initiative by Sanjay Bhargava. We provide only general education, not personalized advice. We are not currently registered with SEBI or any other regulatory authority because we provide educational content only.
Termination
- You can cancel anytime: Via your account dashboard
- We can terminate for: Terms violations, ineligibility, or legal requirements
- Data deletion: Request full deletion anytime
Disputes
- Governing law: Laws of India
- Jurisdiction: Courts in Mumbai, India
- Process: Good faith discussion → Mediation → Arbitration in India
- No class actions: Individual proceedings only
Changes
We may update these terms with 30 days notice via email.
Contact
Privacy Policy
Last updated: October 9, 2025
Our Privacy Philosophy
We collect the absolute minimum. No personal financial data. No creepy tracking. Just what's needed to deliver financial education.
Access: Available to Indian residents only. Paid subscriptions use Razorpay for Indian payment methods.
What We Collect
Account Information
- Email address: For login and weekly nudges
- Password: Encrypted, we can't see it
- Payment info: Handled entirely by Razorpay
Educational Preferences (All Generic)
- Which lessons interest you
- Which calculators you want
- Your demographic category (young/older adult)
- Quarterly anxiety level (low/medium/high)
Technical Data
- Basic analytics: Pages visited, features used
- Browser type and IP address (for security)
- Session cookies (for login state only)
What We DON'T Collect
- Income or net worth
- Account balances
- Investment holdings
- Aadhaar numbers
- PAN numbers
- Birth dates
- Specific financial goals
- Personal financial history
Cookie Policy
We use cookies ONLY for:
- Keeping you logged in
- Basic site functionality
- Security purposes
We DON'T use cookies for:
- Tracking across websites
- Behavioral advertising
- Building profiles
- Third-party marketing
How We Use Data
Service Delivery
- Send weekly educational nudges via email
- Show relevant educational content
- Process payments via Razorpay
- Provide customer support
Service Improvement
- Understand which lessons help most
- Improve educational content
- Fix technical issues
Service Providers
We share data ONLY with:
- Railway: Hosts our website
- Razorpay: Processes payments (PCI DSS compliant)
- Email Service: Sends educational nudges
These providers access only what's necessary for their specific service.
Data Security
- All data encrypted in transit (HTTPS)
- Passwords encrypted at rest
- Regular security reviews
- Minimal data retention
- No personal financial data to protect
Educational Content & AI
We use AI tools (Claude, ChatGPT, NotebookLM) to create generic educational content. Your individual data is NEVER:
- Fed to AI systems
- Used for AI training
- Shared with AI providers
Indian Privacy Rights
As an Indian resident, you have the right to:
- Access your data
- Request data deletion
- Correct inaccurate data
- Export your data
- Opt out of marketing communications
Children's Privacy
Befikar.ai is for adults 18+. We don't knowingly collect data from children.
Service Availability
Available to Indian residents aged 18+ with a valid email address. Paid subscriptions use Razorpay for Indian payment methods (UPI, cards, net banking, etc.).
Regulatory Status
Befikar.ai is an individual initiative providing general education only. We're not regulated as investment advisors because we don't collect personal financial information or provide personalized advice.
Changes
We'll email you about any material changes to this policy.
Contact Us
Privacy Officer
Befikar.ai
Mumbai, India
Email: [email protected]
Data Requests: [email protected]
General Support: [email protected]
Bottom Line: We keep it simple. Generic education only. Minimum data. Maximum privacy. When you achieve financial peace and don't need us anymore, we'll delete your data and celebrate your success.