Grade B — Fair terms (score 75/100)
BankBazaar reserves broad rights to share user data with third parties for marketing and modifies terms without individual notice, while requiring users to indemnify the company.
Broad data sharing, unilateral term changes, and indemnification requirements.
BankBazaar reserves the right at any time, at its sole discretion, to change or otherwise modify the Terms without prior notice
The company can change the terms at any time without giving you advance notice.
You agree and authorize BankBazaar to share your information, with its group companies, vendors, service providers of BankBazaar and other third parties, in so far as required for marketing purposes
You authorize the company to share your personal information with third parties for marketing and cross-selling.
You agree to indemnify and hold BankBazaar ... harmless from any and against any claims ... including reasonable attorneys fees
You must pay the company's legal costs if they are sued due to your use of the site.
If you take any legal action relating to your use of the Website or these Terms, you agree to file such action only in the courts located in Chennai, India.
You are restricted to suing the company only in Chennai, India.
In any such action that we may initiate, the prevailing party will be entitled to recover all legal expenses incurred in connection with the legal action, including but not limited to costs, both taxable and non-taxable, and reasonable attorney fees.
This is a 'loser pays' provision that could make legal action very expensive for you.
Last reviewed 2026-08-24 under rubric v3.5.