SANCHIT VYAPAAR PRIVATE LIMITED's Sanchit Loan extends a warm welcome to you. Protecting your privacy is a fundamental aspect of our operations, and we are firmly committed to ensuring the safety and confidentiality of your personal information. This Privacy Policy explicates our practices in the acquisition, use, storage, and dissemination of your personal data, highlighting the safeguards we employ.
The terms "we" and "our" within this document signify the joint entity of SANCHIT VYAPAAR PRIVATE LIMITED and Sanchit Loan.
Your decision to utilize our loan application is met with our earnest commitment to privacy preservation. Through this policy, we aim to clarify our data management practices and the measures in place to protect your personal information.
1. Detailed Introduction to Loan Provider
Provider Identification: SANCHIT VYAPAAR PRIVATE LIMITED
CIN: U51909AS2006PTC021677
Email Query:
Certificate of Registration Number: 14·08667
Address: G-1, Ridhi Sidhi Height Bishnu Rabha Path, Beltola 21 PARSEE CHURCH STREET Guwahati, Assam, 781028 India
We advise a thorough review of our Privacy Agreement before you proceed with our products and services. Should you require further information or have questions regarding any section of this agreement, please connect with us at any moment.
2. Uses of Personal Information
We use the personal information collected for:
The processing and facilitation of your loan application;
Assessing and approving loans while conducting risk management assessments;
Administration of loan accounts and management of repayment processes;
Engaging with you to offer information on related products and services;
Making informed enhancements to our loan application and overall services;
Compliance with all relevant laws and regulatory requirements governing our operations.
3. How We Collect and Use Your Personal Information
The following categories of personal information may be collected and used by us:
Identity Information: Including your name, physical address, electronic mail address, and contact number, which are used for the purposes of identification and communication.
Device Information: Such as the brand and model of your device, the operating system it employs, and a unique identifier, to facilitate the improvement of our products and for statistical evaluation.
Log Data: This includes records of your interactions with our services, such as usage logs and errors, to advance the quality of our offerings and to provide support services.
Geolocation Information: If you activate the location services feature, we may gather information about your location to offer and enhance services that rely on geographical information.
Additional Information: Comprising any other personal data you might disclose while engaging with our products and services.
4. Cookies and Technology Use for Personalization
Cookies and related technologies are integral to our application, employed to refine your user experience, customize services to your preferences, and perform statistical analysis. You are entitled to either accept or decline the use of Cookies. Opting out of Cookies may, however, limit your experience and prevent full utilization of our services.
5. Consent for Data Collection and Use
Applicants desiring to secure a full loan through our app must agree to allow the following permissions on their devices:
Camera Usage: Authorization for the app to access the camera for taking photos or recording videos is essential. This facilitates the verification of applicant identity, a critical step in preventing financial deceit.
Geolocation Access: Granting the app permission to access your location is required to confirm service availability in your region. Service provision is limited to specific geographical locations, and verification ensures compliance.
Access to Contacts: The app's access to your address book is necessary for conducting checks on your contacts. This includes ensuring the numbers meet the legal standards in India and identifying any sequential numbers to avert financial fraud and lessen credit risks.
Please be aware that all data gathered during this process will be expungedly removed from our systems following the evaluation of loan qualification, with no long-term data storage.
6. Proactive Data Protection Strategies
At the heart of our operations lies a steadfast commitment to the protection of your personal information. We adopt an integrated approach, combining leading-edge technical safeguards with comprehensive management protocols to ensure the protection, integrity, and confidentiality of your personal data.
Our use of advanced encryption technologies is pivotal, creating a fortified barrier around your personal information to shield it from unauthorized access and breaches.
We maintain an ironclad policy regarding access to personal information, allowing only a meticulously selected group of personnel access after thorough security screenings. Their activities and access levels are continuously monitored and audited to ensure compliance with our high data protection standards.
To maintain our defense against potential cyber threats, we engage in regular, rigorous security assessments of our data storage and processing infrastructures, applying necessary updates and enhancements to fortify our systems.
An organizational-wide privacy protection initiative underpins our efforts, characterized by exhaustive training programs tailored for our staff. These programs aim to instill a profound understanding of and competence in modern data protection techniques and privacy legislation, thereby ingraining privacy consciousness into our corporate ethos.
7. Management of Personal Information Sharing and Transmission
Protecting your personal information from unauthorized disclosure is paramount to us. To this end, we do not sell, trade, or engage in the sharing and transmission of your personal data with third parties without obtaining your explicit prior approval or being prompted by legal requirements. When the process involves the sharing and transmission of personal information, we rigorously conform to the relevant legal standards and the guidelines of this Privacy Policy.
Through this approach, we employ comprehensive security measures aimed at maintaining the security and privacy of your personal information throughout its sharing and transmission process.
8. Revising Our Privacy Commitment
To accurately represent our data management practices and legal compliance, we may make revisions to this privacy agreement as needed. Significant changes will be communicated to you via established notification means to maintain transparency and trust.
9. Access and Management of Personal Information
You are entitled to review, correct, or delete your personal information in our records. To undertake any of these actions, please reach out to us using the contact information provided. We are fully committed to supporting you in the accurate management of your personal data.
10. Privacy Support Contact
If you require information, wish to express concerns, or have comments regarding this Privacy Agreement or the processing of your personal information, please contact us at:
Name of Company: SANCHIT VYAPAAR PRIVATE LIMITED
CIN: U51909AS2006PTC021677
Email:
Mailing Address: G-1, Ridhi Sidhi Height Bishnu Rabha Path, Beltola 21 PARSEE CHURCH STREET Guwahati, Assam, 781028 India
We aim to respond to and resolve all inquiries with utmost efficiency.
