LEGAL INFORMATION

Privacy Policy

We are committed to protecting your data and ensuring transparency

1. Information We Collect

We collect personal and financial information such as your name, mobile number, email address, PAN, Aadhaar, and bank details during the loan application process. This information is necessary to verify your identity and assess your eligibility. Additionally, we may collect device and usage data to improve platform performance and ensure a seamless user experience across all services.

2. Purpose of Data Usage

Your data is used to process loan applications, verify identity, perform credit checks, and communicate updates regarding your application status. We also use this data to enhance user experience, personalize services, and improve our internal risk models. All usage is strictly aligned with regulatory requirements and responsible lending practices.

3. Data Protection & Security

We implement advanced security measures including encryption, firewalls, and secure servers to safeguard your personal data. Access to sensitive information is restricted and monitored to prevent unauthorized usage. We regularly update our systems to ensure protection against evolving cyber threats and maintain high standards of data security.

4. Sharing of Information

Your information may be shared with partner NBFCs, banks, and credit bureaus solely for the purpose of processing your loan application. We do not sell or misuse your data. All third-party partners are bound by strict confidentiality agreements and comply with applicable data protection regulations.

5. Credit Bureau Authorization

By applying for a loan, you authorize us to access your credit report from bureaus such as CIBIL. This helps us evaluate your creditworthiness and determine eligibility. Multiple checks may be performed during the loan lifecycle to ensure accurate assessment and responsible lending decisions.

6. KYC & Identity Verification

We conduct KYC verification using Aadhaar, PAN, and video-based verification processes. This ensures compliance with regulatory requirements and prevents fraudulent activities. Your identity information is securely stored and used only for verification and compliance purposes.

7. Cookies & Tracking Technologies

We use cookies and similar technologies to enhance your browsing experience, analyze user behavior, and improve our platform performance. These tools help us understand user preferences and deliver personalized content. You may control cookie settings through your browser preferences.

8. Data Retention Policy

Your data is retained for as long as necessary to fulfill operational, legal, and regulatory obligations. Even after loan closure, certain data may be retained to comply with audit and compliance requirements. We ensure that retained data is securely stored and accessed only when required.

9. Third-Party Integrations

We may integrate with trusted third-party services such as payment gateways, analytics tools, and verification providers. These services are carefully selected and comply with data protection standards to ensure your information remains secure at all times.

10. User Consent

By using our platform, you provide consent for the collection, processing, and sharing of your data as outlined in this policy. You may withdraw consent where applicable, subject to legal obligations. Continued use of our services implies acceptance of updated policies.

11. Accuracy of Information

Users are responsible for providing accurate and up-to-date information. Incorrect details may lead to delays or rejection of applications. We may request additional verification to ensure accuracy and maintain compliance with regulatory standards.

12. Communication Policy

You agree to receive transactional and promotional communications via SMS, email, or calls. These communications include updates about your loan, offers, and important notifications. You may opt out of promotional messages while continuing to receive essential service updates.

13. Fraud Prevention

Your data may be used to detect and prevent fraudulent activities. We employ advanced monitoring systems to identify suspicious behavior and protect both users and the platform from financial risks. Necessary actions are taken promptly to mitigate potential threats.

14. Regulatory Compliance

We strictly adhere to RBI guidelines and applicable Indian laws governing digital lending and data protection. Our processes are designed to ensure transparency, fairness, and accountability in all operations.

15. Access to Personal Data

Users may request access to their personal data and seek corrections if needed. We provide reasonable support to ensure transparency and user control over their information.

16. Data Deletion Requests

Users may request deletion of their personal data, subject to legal and regulatory retention requirements. Certain data may be retained for compliance and audit purposes even after account closure.

17. Data Breach Response

In the unlikely event of a data breach, we will notify affected users promptly and take immediate corrective actions to minimize impact. Our systems are regularly audited to prevent such incidents.

18. Policy Updates

This privacy policy may be updated periodically to reflect changes in regulations or services. Users are encouraged to review the policy regularly to stay informed about how their data is handled.

19. Children’s Privacy

Our services are intended only for individuals above 18 years of age. We do not knowingly collect data from minors and take strict measures to prevent unauthorized access by underage users.

20. Contact & Support

For any privacy-related queries or concerns, users may contact our support team through official channels. We are committed to resolving issues promptly and ensuring complete transparency in our data practices.

Important Notice: Rupay91.com is a digital lending platform. Loan approval is subject to eligibility and verification. Please beware of fraudulent calls or apps claiming to represent Instant Paise. We never ask for OTP, PIN or confidential banking details.

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