1. About International Resource Bank (IRB)
Ai Hon Services Private Limited, operating under the brand identity International Resource Bank, is a strategically positioned financial consulting and digital enablement company headquartered in Maharashtra, India.
International Resource Bank is structured to function as a multi-dimensional financial services platform integrating advisory excellence, technology infrastructure, and institutional partnerships. The brand has been conceptualized to bridge structured financial access with scalable digital systems, particularly across emerging and growth-oriented markets.
IRB is not:
- A banking company under the Banking Regulation Act, 1949
- A Non-Banking Financial Company (NBFC)
- A Collective Investment Scheme (CIS)
- A market intermediary or deposit-taking institution
2. Purpose of RFII
The Resource of Fixed Interest Income (RFII) is a long-term contractual resource mobilisation framework created to:
- Support IRB’s administrative and operational sustainability
- Fund research, policy studies, and public-interest initiatives
- Reduce dependence on ad-hoc donations or external funding
- Encourage responsible civic participation in institution-building
RFII is not an investment product, not a deposit scheme, and not a profit-sharing arrangement.
3. Key Definitions
3.1 RFII
A non-transferable, non-marketable contractual arrangement whereby a contributor provides long-term financial resources to IRB in return for a fixed contractual interest.
3.2 Contributor
An individual or entity who voluntarily enters into an RFII contract with IRB, with full knowledge of its nature, risks, and restrictions.
3.3 Contribution Amount
A voluntary financial contribution made in multiples of ₹10,000, intended as long-term institutional support.
3.4 Interest
A fixed contractual return payable as consideration for long-term resource contribution, not linked to profits, securities, or market performance.
3.5 Donation
A voluntary contribution made for charitable or social purposes, without any expectation of return.
4. Nature of the Arrangement
- RFII is governed by Indian Contract Act, 1872 and applicable provisions of the Negotiable Instruments Act, 1881
- Participation is purely voluntary
- No public solicitation or advertisement guaranteeing returns is made
- No tradable certificate, security, or transferable instrument is issued
5. Eligibility & Term Categories
| Category | Eligibility | Term |
| Nari Shakti | Women Contributors | 6 Years |
| Common Man | Rural income below ₹5 lakh p.a. | 3 Years |
| Eminent Person | Income above ₹5 lakh p.a. | 10 Years |
6. Maturity & Commencement
- The RFII term commences from the date of issuance of the RFII certificate
- Maturity date is calculated accordingly
- Interest eligibility arises only upon fulfillment of contractual conditions
7. Non-Withdrawal & Lock-In Policy
- The contribution made under RFII constitutes a long-term contractual resource contribution.
- A minimum lock-in period of three (3) years from the certificate issuance date is mandatory.
- Except where required by law, no withdrawal, refund, or repayment may be claimed prior to maturity.
- This restriction applies notwithstanding personal circumstances, including death, subject to lawful succession rights relating to interest, if applicable.
- The contributor acknowledges this as a voluntary contractual waiver.
8. Interest Payment Conditions
- Interest is credited only to the verified personal bank account of the contributor
- In case of death, interest is payable only to the registered legal heir / nominee
- Interest income is subject to TDS and applicable taxes as per prevailing law
9. Premature Exit (If permitted)
Where permitted under IRB policy, premature exit shall attract a penalty of 6%, subject to verification and compliance requirements.
10. Payment Modes
Permitted modes include:
- Bank transfer
- Cheque
- UPI-enabled digital payments (Google Pay, PhonePe, etc.)
11. Document Handling Charges
- 0.5% of contribution amount or ₹500, whichever is lower
- Charges are utilised for digital record-keeping, compliance, and system maintenance
12. KYC & Compliance
IRB follows Know Your Customer (KYC) norms to prevent:
- Identity fraud
- Money laundering
- Financial crime
Failure to comply may result in rejection or suspension of participation.
13. Information Disclosure
IRB may share contributor information with:
- Regulatory authorities
- Law enforcement agencies
- Courts or statutory bodies
Only where required by law.
14. Non-Refundability Declaration
Once a contribution is made under RFII, it is deemed non-refundable, except as mandated by applicable law.
15. Amendment of Terms
IRB reserves the right to amend these Terms & Conditions in accordance with law, without prejudice to vested contractual rights.
16. Legal Declaration & Liability
Any false statement, misrepresentation, or concealment of material facts may attract liability under the Bharatiya Nyaya Sanhita, 2023, including provisions relating to false evidence and false declarations.
17. Jurisdiction
All disputes arising out of RFII shall be subject to the exclusive jurisdiction of courts at Kolhapur, Maharashtra, unless otherwise directed by a competent court.
18. Final Acknowledgement
By proceeding with RFII participation, the contributor confirms that:
- The terms have been read and understood
- Participation is voluntary
- No assurance of guaranteed return, liquidity, or marketability has been given
- The contribution is made in the spirit of institution-building and nation-building
Disclaimer
RFII is a private contractual framework and does not constitute a banking, investment, or deposit product.
Read Terms and Conditions