Legal

Privacy Policy

BARODA FINOVISE PRIVATE LIMITED

This Privacy Policy explains how BARODA FINOVISE PRIVATE LIMITED (“we”, “us” or “our”) collects, uses, stores, and protects your personal information when you use our mobile application and related services (the “Platform”).

By using the Platform, you acknowledge that you have read and understood this Policy.

1.Our Commitment

We are committed to handling your personal information responsibly and only for legitimate purposes related to providing our lending services. We collect only what is necessary and take appropriate measures to keep it secure.

2.Information We Collect

We collect the following categories of information when you use the Platform:

Identity Information

  • Full name
  • Date of birth
  • Government-issued identification (such as PAN or Aadhaar)
  • Facial image used for identity verification

Contact Information

  • Mobile number
  • Email address
  • Emergency contact details

Financial Information

  • Bank account details required for loan disbursement and verification

Device and Technical Information

  • Device model and operating system
  • IP address
  • Device identifiers
  • Crash logs and performance data

We do not collect information beyond what is needed to operate the service and meet operational requirements.

3.How We Use Your Information

We use the information we collect for the following purposes:

  • Verifying your identity and preventing fraud
  • Processing loan applications and managing your account
  • Assessing risk and ensuring platform security
  • Improving system performance and user experience
  • Meeting applicable legal and operational obligations

We do not use your data for purposes unrelated to these activities.

4.Device Permissions

Certain features of the Application require access to device functions. Permissions are requested only when needed and only with your consent:

CameraUsed for identity verification and capturing documents
LocationUsed to confirm service eligibility (no continuous background tracking)
Advertising IdentifierUsed for analytics and service improvement; this is optional and under your control

You may withdraw any permission at any time through your device settings. Doing so may limit certain features.

5.Sharing of Information

We do not sell or rent your personal information.

We may share information only in the following limited situations:

  • When required by law or competent authorities
  • When necessary to prevent fraud, security threats, or illegal activity
  • When you have given explicit consent

Any third parties who receive information are required to handle it appropriately.

6.Data Security

We apply industry-standard security measures to protect your information, including:

  • Encryption of data in transit and at rest
  • Access controls and authentication mechanisms
  • Regular monitoring and audit procedures
  • Safeguards against unauthorized access or disclosure

While we take reasonable steps to protect your data, no system can be completely secure.

7.Data Retention

We retain your personal information only for as long as necessary to provide the services or to meet legal and operational requirements. When information is no longer needed, it is securely deleted or anonymized.

8.Your Rights

Subject to applicable requirements, you may:

  • Request access to the personal information we hold about you
  • Ask us to correct inaccurate information
  • Request deletion of your data (where permitted)
  • Withdraw consent where processing is based on consent
  • Request restriction of certain processing activities

To exercise these rights, please contact us using the details below.

9.Children’s Privacy

The Platform is not intended for anyone under the age of 18. We do not knowingly collect personal information from minors. If we become aware that we have collected such information, we will take steps to delete it.

10.Changes to This Policy

We may update this Privacy Policy from time to time. The revised version will be made available on the Platform or our website. Continued use of the Platform after changes take effect constitutes acceptance of the updated Policy.

11.Contact Us

If you have questions about this Privacy Policy or wish to exercise your rights, please contact:

BARODA FINOVISE PRIVATE LIMITED

S 3 Surdhara Flat, Manjalpur Gidc Road,

Manjalpur, Vadodara – 390011, India

Website: www.barodafinovisepvtltd.com