We are happy to announce that Moneylicious Securities Pvt. Ltd. is now a part of Raise Financial Services.

Terms of Use of Website

By visiting our website 'www.moneylicious.in' you are agreeing to be bound by the following terms and conditions. These terms and conditions may be changed from time to time. Your continued use of 'www.moneylicious.in' means that you have accepted any new or modified terms and conditions that we have come up with. Please re-visit the ` Terms of Use of Website’ link at our site from time to time to stay abreast of any changes that we may introduce. The term 'www.moneylicious.in' is used through this entire Terms of Use of Website document to refer to the website, its owners and the employees and associates of the owner.


By registering, you certify that all information provided by you, at present or in the future, is/ will be consistent. 'www.moneylicious.in' has the sole discretion, to deny access to its website wholly or partially without notice on immediate basis for the following reasons:

Any unauthorized access or use by you.

  • On assignment or transfer (or attempt the same) of any rights granted to you under this Agreement
  • On violation of any of the other terms and conditions of this ‘Terms of Use of Website’ document


Moneylicious hereby grants you a limited, non-exclusive, non-assignable and non-transferable license to access 'www.moneylicious.in' provided and expressly conditioned upon your agreement that all such access and use shall be governed by all of the terms and conditions set forth in this document.

Copyright & Non-transmission of Information

'www.moneylicious.in' as well as the design and information contained in this site is valuable and are the exclusive property of Moneylicious. None of the contents in this ‘Terms of Use of Website’ shall be construed as transferring or assigning any such ownership rights to you or any other person or entity. All Research Call information on 'www.moneylicious.in' is the proprietary and confidential property of Moneylicious and cannot be repeated for any reason outside 'www.moneylicious.in' . You agree not to repeat or rebroadcast in any way, the Research Calls or Other Research information displayed on 'www.moneylicious.in' for any reason whatsoever. You agree that if you repeat or re-post (by any means) any of the trading or investment calls shared in 'www.moneylicious.in' , you will be liable for actual and punitive damages as determined by moneylicious.in and additional damages as will be determined by the Indian court of Law.

You are prohibited to resell, redistribute, broadcast, and transfer or use the information in a searchable, machine-readable database unless separate and specific written authorization is granted by Moneylicious prior to such use. You must not rent, lease, sublicense, distribute, transfer, copy, reproduce, publicly display, publish, adapt, store or time-share moneylicious.in or any part thereof, or any of the information received or accessed therefrom to or through any other person or entity unless separately and specifically authorized in writing by Moneylicious prior to such use. In addition, you are not allowed to alter or obscure any copyright, legal or proprietary notices wholly or in portions without prior written authorization.

Delays in Services

'www.moneylicious.in' and Moneylicious (including its directors, employees, affiliates, agents, representatives or subcontractors) shall not be liable for any loss or liability resulting, directly or indirectly, from delays or interruptions due to electronic or mechanical equipment failures, telephone interconnect problems, defects, weather, strikes, walkouts, fire, acts of God, riots, armed conflicts, acts of war, or other like causes. 'www.moneylicious.in' shall have no responsibility to provide you access to 'www.moneylicious.in' while interruption of www.moneylicious.in’ is due to any such cause shall continue.

Liability Disclaimer

You expressly agree to access and use this website at your sole risk. The contents, information, software, products, features and services published on this website may include inaccuracies or typographical errors. Modifications/Changes are periodically added to the contents herein. 'www.moneylicious.in' and/or its respective vendor may make improvements and/or changes in this website at any time. This website may be temporarily unavailable from time to time due to the required maintenance, telecommunications interruptions, or any other disruptions. ‘www.moneylicious.in’ and Moneylicious (and its owners, suppliers, consultants, advertisers, affiliates, partners, employees or any other associated entities, all collectively referred to as associated entities hereafter) shall not be liable to user or member or any third party should 'www.moneylicious.in' exercise its right to modify or discontinue any or all of the contents, information, software, products, features and services published on this website. 'www.moneylicious.in' and/or its respective associated entities to make no representation about the suitability of the contents, information, software, products, features and services contained on this website for any purpose. All such contents, information, software, products, features and services are provided “as is” without warranty of any kind. 'www.moneylicious.in' and/or its associated entities hereby disclaim all warranties and conditions with regard to the contents and information displayed. 'www.moneylicious.in' and/or its associated entities will not be liable for any direct, indirect, punitive, incidental, special or consequential damages arising out of or in any way connected to the use of this website or with the delay or inability to use this website, or for any contents, information, software, products, features and services obtained through this website, or otherwise arising out of the use of this website, whether based on contract , strict liability or otherwise, even if 'www.moneylicious.in' or any of its associated entities have been advised of the possibility of such damages.

Trading Discipline

'www.moneylicious.in' strictly follows Trading Principle and Stop Loss Policy wherein the Client by default agree to not do/initiate any trade without Pre Informed/Defined Stop Loss.

Refund & Cancellation Policy

All sales are final. There will be ABSOLUTELY NO REFUNDS and CANCELLATIONS. We do not offer refunds on subscriptions that have already been taken. We have a NO REFUND POLICY. For this reason, we strongly recommend that before payment, our visitors:

  • Read all information about our products, services and support given to our clients.
  • Read all About Us and our Research Team.
  • Read our Terms of Use of Website.
  • Read our Disclaimers
  • Please do not allow children or any unauthorized family members or friends to access your credit cards or your account at the payment site to ensure that no payment is initiated for a Subscription without your permission. By making a payment for Subscription at 'www.moneylicious.in' , you acknowledge that you have read and agreed to the above No Cancellation and No Refund Policy.

Use of Message Boards, Chat Rooms and Other Communication Forums

The Website contains message/bulletin boards, chat rooms, and other message and communication facilities (collectively, “Forums”). You agree to use the Forums only to send and receive messages and material that are proper and related to the particular Forum. By way of example, and not as a limitation, you agree that when using a Forum, you shall not do any of the following:

  • Defame abuse, harass, stalk, threaten or otherwise violate the legal rights (such as rights of privacy and publicity) of others.
  • Publish post, distribute or disseminate any defamatory, infringing, obscene, indecent, communal or unlawful material or information.
  • Upload files that contain software or other material protected by intellectual property laws (or by rights of privacy of publicity) unless you own or control the rights thereto or have received all necessary consents.
  • Upload files that contain viruses, corrupted files, or any other similar software or programs that may damage the operation of another’s computer.
  • Conduct or forward surveys, contests, or chain letters.
  • Download any file posted by another user of a Forum that you know, or reasonably should know, cannot be legally distributed in such manner.

Equipment and Operations

You shall provide and maintain all telephone, internet and other equipment necessary to access moneylicious.in and the costs of any such equipment and/or telephone/internet connections or use, including any applicable taxes, shall be borne solely by you. You are responsible for operating your own equipment used to access 'www.moneylicious.in' .

Information Disclaimer

You acknowledge that the information provided through 'www.moneylicious.in' is compiled from sources, which are beyond the control of'www.moneylicious.in' . Though such information is recognized by the parties to be generally reliable, the parties acknowledge that inaccuracies may occur and 'www.moneylicious.in' does not warrant the consistency or suitability of the information. For this reason, as well as the possibility of human and mechanical errors and other factors, you acknowledge that 'www.moneylicious.in' is provided to you on an “as is, with all faults” basis. 'www.moneylicious.in' expressly disclaims any and all warranties, whether expressed, oral, implied, statutory or otherwise, of any kind to the users and/or any third party, including any implied warranties of consistency, timeliness, completeness, merchantability and fitness for a particular purpose, as well as any warranties arising by virtue of custom of trade or course of dealing and any implied warranties of title or non-infringement. 'www.moneylicious.in' provides the information but makes no endorsement of any particular security, market participant, or brokerage. Further, 'www.moneylicious.in' does not represent or warrant that it will meet your requirements or is suitable for your needs.

Under this User Agreement, you assume all risk of errors and/or omissions in 'www.moneylicious.in' including the transmission or translation of information. You assume full responsibility for implementing sufficient procedures and checks to satisfy your requirements for the consistency and suitability of 'www.moneylicious.in' including the information, and for maintaining any means, which you may require for the reconstruction of lost data or subsequent manipulations or analysis of the information under the user agreement. You agree that 'www.moneylicious.in' (including its directors, employees, affiliates, group companies’ agents, representatives or subcontractors) shall not in any event be liable for any special, incidental or consequential damages arising out of the use or inability to use 'www.moneylicious.in' for any purpose whatsoever. 'www.moneylicious.in' and its affiliates, directors, employees and agents shall have no liability in tort, contract, or otherwise to user and/or any third party.

Links to Third Party Sites

The links in this site will allow you to leave 'www.moneylicious.in' . The linked sites are not under the control of 'www.moneylicious.in' . Moneylicious has not reviewed, nor approved these sites and is not responsible for the contents or omissions of any linked site or any links contained in a linked site. The inclusion of any linked site does not imply endorsement by 'www.moneylicious.in' of the linked site. Third party links to 'www.moneylicious.in' shall be governed by a separate agreement.


You shall indemnify, defend and not hold 'www.moneylicious.in' (including its directors, employees, affiliates, group companies, agents, representatives or subcontractors) liable for any and all claims and losses imposed on, incurred by or asserted as a result of or related to your access and use of the website.

Moneylicious will not be responsible for any non-compliance by user with the terms and conditions hereof; or any third party actions related to users receipt and use of the information, whether authorized or unauthorized. Any clause declared invalid shall be deemed severable and not affect the validity or enforceability of the remainder. These terms may only be amended in writing and signed by 'www.moneylicious.in' .

Conflicting Terms

If there is any conflict between this User Agreement and other documents, this User Agreement shall govern, whether such order or other documents is prior to or subsequent to this User Agreement, or is signed or acknowledged by any director, employee, representative or agent of 'www.moneylicious.in' .

Attorney’s Fees

If 'www.moneylicious.in' takes action (by itself or through its associate companies) to enforce any of the provisions of this User Agreement, including collection of any amounts due hereunder, 'www.moneylicious.in' shall be entitled to recover from you (and you agree to pay), in addition to all sums to which it is entitled or any other relief, at law or in equity, reasonable and necessary attorney’s fees and any other costs of litigation.

Entire Agreement

This User Agreement constitutes the entire agreement between the parties, and no other agreement, written or oral, exists between you and 'www.moneylicious.in' . By using the Information displayed on the website you assume full responsibility for all gains and losses -financial, emotional or otherwise experienced, suffered or incurred by you. 'www.moneylicious.in' does not guarantee the consistency, completeness or timeliness of the information displayed on it. It does not endorse in any way, the views, opinions or recommendations expressed in the Information, do not give investment advice, and does not advocate the purchase or sale of any security or investment by you or any other individual. The Information is not intended to provide tax, legal or investment advice, which you should obtain from your professional advisor prior to making any investment of the type discussed in the Information. The Information does not constitute a solicitation by the information providers, 'www.moneylicious.in' or others for the purchase or sale of securities.

The service 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 service specifically. 'www.moneylicious.in' disclaims any and all warranties, including, but not limited to:

  • Any warranties concerning the availability, consistency, usefulness, or content of information, products or services;
  • Any warranties of title, warranty of non-infringement and 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, errors, omissions, interruptions, deletions, defects, 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, tort, negligence, or under any other cause of action. neither 'www.moneylicious.in' nor any of its employees, agents, successors, assignees, affiliates, group companies or content or service providers shall be liable to you or other third party for any direct, indirect, incidental, special or consequential damages arising out of use of service or inability to gain access to or use the service or out of any breach of any warranty. Because some countries do not allow the exclusion or limitation of liability for consequential or incidental damages, the above limitation may not apply to you. in such countries, the respective liability of 'www.moneylicious.in' its employees, agents, successors, assignees, affiliates, group companies and content or service providers’ respective liability is limited to the amount provided under said law. Further, you agree and understand that all services provided are non-refundable and that you should carefully consider whether our services are able to meet your needs.


This User Agreement and the license rights granted hereunder shall remain in full force and effect unless terminated or cancelled for any of the following reasons:

  • For any unauthorized access or use by you.
  • If you assign or transfer (or attempt the same) any rights granted to you under this Agreement.
  • If you violate any of the other terms and conditions of this User Agreement.

Termination or Cancellation of this Agreement shall not affect any right or relief to which 'www.moneylicious.in' may be entitled to, at law or in equity. Upon termination of this User Agreement, all rights granted to you will terminate and revert to 'www.moneylicious.in' except as set forth herein, regardless of the reason for cancellation or termination of this User Agreement, the fee charged if any for access to 'www.moneylicious.in' will be non-refundable.

Dispute Settlement

All disputes, differences and questions of any nature arising at any point of time between the parties to this agreement out of the construction of or concerning anything contained in or arising out of this agreement or as to the rights, duties or liabilities under it or the parties to it shall be referred to the sole Arbitrator under the Arbitration and Conciliation Act, 1996. The sole Arbitrator shall be appointed by the Managing Director of ‘Moneylicious’ ('www.moneylicious.in' ). The Arbitration Proceedings shall be held at Mumbai, Maharashtra in India. The Place of Arbitration will be at Mumbai, Maharashtra in India. The laws prevailing in India shall alone apply to the Arbitration Proceedings between the parties.


Both the Parties agree that all claims, differences and disputes, including any agreements, contracts and transactions made with reference to anything incidental thereto or in pursuance thereof or relating to their validity, construction, interpretation, fulfillment or the rights, obligations and liabilities of the parties thereto and including any question of whether such dealings, transactions MOA, or contracts have been entered into or not, shall be subject to the exclusive jurisdiction of the Courts of India only.