Information we collect from you
We will ask your for
certain personal and financial information like your name, address, date of
birth, PAN no., bank statements, pay slips, etc. We will also collect credit
related information that is collected from other sources like the credit
bureau. In addition, we will also collect your social data (from facebook and linkedin) as well as
information from your mobile phone (call logs, sms
logs, contact details etc.). Apart from this we might collect information from
you electronically - like the pages viewed, how you navigate through the
website and interact with webpages, etc.
The information we collect about you will depend on the products and services we offer. If you do not allow us to collect all the information we request, we may not be able to deliver all of these services effectively.
How we will use this information
We will use this
information to establish identity and assess applications, design our products,
manage our relationship with you, offer our products and services, manage our
risks including the risk of fraud, get in touch with you, improve our business
for us and our customer, comply with country laws and inform you about other
products or services we think you might find of some use. We may also collect
and use this information in other ways permitted by law.
We will take utmost care to ensure that your personal information is not shared with the public and that your transactions on the Website are confidential. If we use any third parties for any of these transactions we will also make sure that confidentiality is maintained.
We may also provide personal information about our customers to other organizations. We will ensure that any personal information we disclose to them is only used for the specific task we ask them to perform.
Cookies are small
website similar to other lending websites and online marketplace websites. Use
of this information helps us identify you in order to make our web portal more user friendly. We might also use this information to display
advertising from third party companies. Most browsers will let you decline
cookies but if you choose to do this it might affect service on some parts of
We might also use other technology to track how you interact with our portal and employ some third party agencies to use the data on our behalf.
We store and process
your personal information on Microsoft Azure cloud servers. We protect your
information using physical, technical, and administrative security measures to
reduce the risks of loss, misuse, unauthorized access, disclosure and
alteration. Some of the safeguards we use are firewalls and data encryption
using SSL, and information access authorization controls.
However, you understand and accept that thereÕs no guarantee that data transmission over the Internet will be completely secure and that any information that you transmit to us is at your own risk.
Third party websites
With this policy
weÕre only addressing the disclosure and use of data collected by us. If you
visit any websites through the links on the InstaPaisa website please ensure
you go through the privacy policies of each of those websites. Their data
collection practices and their policies might be different from this policy and
InstaPaisa does not have control over any of their policies.
We might post your data on various pages of our website that will be visible to people other than registered users. If you wish to not have your information shared please let us know at firstname.lastname@example.org.
If it so happens that InstaPaisa is part of a merger, acquisition or amalgamation, your data might be part of the deal with that third party and will be transferred to them.
Review and making changes to personal information
You can request that we correct errors
in your Personal Information by emailing us at email@example.com. If you want to obtain a copy of your
information, for your protection, you will be required to provide proof of your
identity to obtain a copy of your Personal Information. If your Personal
Information changes or if you no longer want to use InstaPaisa Services, you
may correct, update or deactivate your Personal Information and/or your account
through the account management screen. If you would like to deactivate or
terminate your account you can also contact firstname.lastname@example.org.
During the course of operations and our relationship with you we might disclose your information to third parties associated with InstaPaisa and the government and other judicial bodies mandated by the law and in order to comply with legal obligations.
To make an improvement in its business InstaPaisa may share the personal information of a user with Credit Rating Agencies. InstaPaisa will comply with all guidelines, including sharing information with Credit Rating Agencies in the event of Reserve Bank of India issuing guidelines or direction in this regard.