Group Savings Plan Terms & Conditions

The Ocare Phinas Group Savings Plan allows customers to contribute towards the purchase of products through a structured group-based savings system.

By joining a Group Savings Plan, participants agree to comply with these Terms and Conditions.

To participate in a Group Savings Plan, customers must:

• Create an active account on the Ocare Phinas platform.
• Provide accurate personal information.
• Make required contributions according to the selected group plan.

Each group consists of a predetermined number of participants and a defined contribution schedule.

Group size, contribution amount, payment frequency, and product eligibility will be displayed before a customer joins the group.

Members are required to make contributions according to the agreed schedule.

Contribution schedules may include:

• Daily Contributions
• Weekly Contributions
• Monthly Contributions

Payments must be made through approved channels and verified by Ocare Phinas before being credited.

Product allocation under the Group Savings Plan shall be determined according to the rules applicable to the specific group.

Customers acknowledge that joining a group does not guarantee immediate product delivery.

Eligibility for product delivery is subject to:

• Payment compliance
• Group progress
• Product availability
• Internal verification procedures

Failure to maintain required contributions may affect a member's eligibility for benefits under the plan.

Where a member repeatedly fails to contribute as required, Ocare Phinas reserves the right to:

• Restrict participation
• Suspend membership benefits
• Reassign group positions where necessary
• Apply administrative measures to protect the integrity of the group

Due to market conditions, exchange rate fluctuations, supplier pricing, and inflation, product prices may change during the contribution period.

Where a significant price adjustment occurs, customers may be required to pay the difference before product delivery.

Ocare Phinas will provide reasonable notice where such adjustments become necessary.

A member may request to withdraw from a Group Savings Plan.

Withdrawal requests shall be reviewed by management.

Approved withdrawals may be subject to:

• Administrative charges
• Processing fees
• Applicable deductions disclosed by Ocare Phinas

Refund timelines may vary depending on the status of the group cycle.

Refunds shall only apply to the customer's verified contributions less any applicable deductions.

Refund requests may require identity verification before processing.

Ocare Phinas reserves the right to decline fraudulent or suspicious refund requests.

Group memberships are non-transferable unless expressly approved by Ocare Phinas.

Customers may not sell, transfer, or assign their group position to another individual without written authorization.

Submission of fake payment receipts, manipulation of contribution records, multiple fraudulent accounts, or any attempt to exploit the platform shall result in:

• Immediate suspension
• Termination of membership
• Investigation
• Possible legal action where necessary

Products will only be released after all applicable eligibility conditions have been satisfied.

Customers may be required to provide identification before product collection or delivery.

Ocare Phinas shall not be liable for losses resulting from:

• Customer failure to meet contribution obligations
• Incorrect information supplied by customers
• Delays caused by third-party logistics providers
• Events beyond our reasonable control

Ocare Phinas reserves the right to amend, modify, or update these Terms and Conditions at any time.

Updated versions will be published on the platform.

For questions regarding Group Savings Plans, contact:

Ocare Phinas Integrated Services
Phone: 07069640753

By joining a Group Savings Plan, you acknowledge that you have read, understood, and agreed to these Terms and Conditions.