BUDHIYA COMMERCIAL PVT.LTD.'s Budhiya Cash 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 BUDHIYA COMMERCIAL PVT.LTD. and Budhiya Cash.
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. Gathering and Utilizing Your Personal Data
The types of personal information we may collect and process include:
Personal Identifiers: Such as your full name, residential address, email, and contact number, for identification and communication.
Technical Specifications of Your Device: Including the model of your device, the operating system it runs on, and its unique identifiers, to better our products and conduct statistical research.
Operational and Error Logs: Information on your usage of our products and services, including any logs of operations and errors, to enhance our product offerings and provide support.
Location Data: With your consent to use location services, we collect information about your current location to offer and optimize services based on your geographical position.
Additional Personal Details: Any other information you provide during your use of our products and services.
Methods of Data Collection
Our methods for collecting your personal information include:
Direct submissions from you.
Automated collection during your use of our loan application.
Acquisition from third-party collaborators for identity verification and financial assessment purposes.
To safeguard against financial fraud and assess your loan eligibility accurately during the KYC (Know Your Customer) process, we require permissions related to your device, including access to your camera, photo album, and contacts.
2. Authorization for Access and Information Collection
In order to apply for a full loan through our app, users are required to provide authorization for us to access the following permissions on their devices:
Camera Access Permission: It is crucial for the app to access your device's camera to enable the capture of images or videos. This requirement is part of the identity verification process, aimed at preventing financial fraud.
Location Access Permission: Our app requires the ability to access your location data to ensure that you reside within our loan service area. This is vital as services are restricted to certain geographical boundaries.
Contacts Permission: Access to your contact list is necessary for the app to conduct checks against compliance with local regulations in India and to identify potential risk factors such as consecutive numbers, thereby reducing the likelihood of financial fraud and credit risk.
Following the completion of the loan qualification review, we ensure that all personal data collected is promptly deleted, guaranteeing no long-term retention.
3. 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.
4. Measures for the Protection of Personal Information
The safeguarding of your personal information receives our utmost attention. We adopt various technical measures and management practices to protect your personal data's safety, integrity, and confidentiality.
Data encryption technology is utilized to ensure the secure handling of your personal information.
We rigorously limit access to personal information to only those with necessary authorization, effectively managing their permissions.
Security inspections and maintenance of our information storage systems are performed regularly.
Our organization has developed a detailed privacy protection policy, providing staff with relevant training to enhance their competency in protecting user privacy.
5. Cookie Preferences
Our platform employs Cookies along with other related technologies to elevate your experience, tailor services, and analyze usage data. You are at liberty to manage your Cookie preferences. Declining Cookies, however, may limit the functionality and services available to you.
6. Management of Personal Information Sharing and Transfer
We place the utmost importance on the privacy and security of your personal information. It is our policy not to sell, trade, or otherwise share your personal data with third parties without your prior consent, except as may be necessitated by law or regulation. In instances where the sharing or transfer of personal information is required, we commit to strictly adhering to the laws and regulations as well as the provisions of this Privacy Policy.
We will undertake reasonable precautions to ensure the protection of your personal information's security during such activities.
7. Getting in Touch
For questions, remarks, or issues related to this Privacy Agreement or the way your personal information is processed, contact us at:
Corporate Name: BUDHIYA COMMERCIAL PVT.LTD.
CIN: U51109MH1994PTC368612
Email: [email protected]
Address: Mujbi, Post Bela Mujbi NEAR RAM BAGAN, BEHIND P. C. CHANDRA GREEN PROJECT Bhandara, Maharashtra, 441906 India
We are dedicated to promptly and efficiently addressing your concerns.
8. Privacy Policy Updates
We reserve the right to update this privacy policy periodically to better align with our data handling practices and legal obligations. Significant amendments will be communicated to you through appropriate channels to ensure you remain informed.
9. Lender Details
Lender Name: BUDHIYA COMMERCIAL PVT.LTD.
CIN: U51109MH1994PTC368612
Support Email: [email protected]
COR NO.: 14·01171
Address: Mujbi, Post Bela Mujbi NEAR RAM BAGAN, BEHIND P. C. CHANDRA GREEN PROJECT Bhandara, Maharashtra, 441906 India
It's important to us that you fully understand our Privacy Agreement before using our products and services. If any aspect of this agreement raises questions, please feel free to contact us for detailed explanations.
- Free call: +91 9740158223