Privacy Policy

1. Introduction

InstantDisbursal ("we," "our," or "us") is committed to protecting your privacy and personal information. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our instant loan disbursal services.

2. Information We Collect

Personal Information

We collect personal information necessary to provide our instant loan services:

• Name, date of birth, and gender
• Contact information (phone, email, address)
• Identity documents (PAN, Aadhaar, driving license)
• Address proof and residence details
• Employment and income information
• Bank account details and statements
• Credit history and score information

Financial Information

For loan processing, we collect:

• Bank account number and IFSC code
• Salary and income details
• Employment verification documents
• Bank statements and transaction history
• Credit bureau reports and scores
• Existing loan and liability information
• EMI payment history and patterns

Technical Information

We automatically collect technical information:

• IP address and device identifiers
• Browser type and operating system
• Application usage and interaction data
• Location information (with consent)
• Cookies and tracking technologies
• Device permissions and settings

3. How We Use Your Information

We use your information to provide and improve our instant loan services:

• Process your instant loan application
• Verify your identity and assess creditworthiness
• Make instant loan approval decisions
• Disburse loan amounts to your bank account
• Process EMI payments and manage repayments
• Send loan-related notifications and updates
• Provide customer support and assistance
• Detect and prevent fraud and unauthorized access
• Comply with legal and regulatory requirements
• Improve our services and develop new features

4. Information Sharing and Disclosure

We may share your information in the following circumstances:

• Credit Bureaus: For credit assessment and reporting
• Banks and Financial Institutions: For loan disbursal and payments
• Identity Verification Services: For KYC and fraud prevention
• Service Providers: Third-party companies that help us operate our business
• Collection Agencies: For loan recovery in case of default
• Legal Requirements: When required by law or legal process
• Business Transfers: In connection with mergers or acquisitions
• With Your Consent: When you explicitly authorize sharing

5. Data Security and Protection

We implement comprehensive security measures to protect your information:

• End-to-end encryption for data transmission and storage
• Multi-factor authentication and access controls
• Regular security audits and vulnerability assessments
• Secure data centers with physical and digital safeguards
• Employee training on data protection and privacy
• Incident response and breach notification procedures
• PCI DSS compliance for payment data protection

6. Instant Loan Processing

For instant loan processing, we may:

• Access your bank account for verification and disbursal
• Retrieve your credit information from credit bureaus
• Verify your identity using government databases
• Check your employment and income details
• Monitor your account for payment processing
• Share information with banks for instant disbursal

7. Cookies and Tracking Technologies

We use cookies and similar technologies to:

• Remember your application progress and preferences
• Analyze application patterns and user behavior
• Provide personalized loan recommendations
• Improve application functionality and performance
• Detect and prevent fraud and unauthorized access
• Track conversion rates and service effectiveness

You can control cookie settings through your browser, but disabling cookies may affect service functionality.

8. Your Rights and Choices

You have the following rights regarding your personal information:

• Access and review your personal information
• Request correction of inaccurate information
• Request deletion of your personal information (subject to legal requirements)
• Opt-out of marketing communications
• Request data portability
• Object to certain processing activities
• Withdraw consent where applicable
• File complaints with regulatory authorities

9. Data Retention

We retain your information for as long as necessary to provide our services and comply with legal obligations. Loan application data is typically retained for the duration of your loan plus applicable legal retention periods (up to 7 years). We will securely delete or anonymize your information when it is no longer needed.

10. Third-Party Integrations

Our services integrate with third-party providers for:

• Bank account verification and payment processing
• Credit bureau data retrieval and reporting
• Identity verification and KYC services
• Fraud detection and prevention systems
• Communication and notification services
• Analytics and performance monitoring

11. International Data Transfers

Your information may be transferred to and processed in countries other than your country of residence. We ensure appropriate safeguards are in place for international transfers, including standard contractual clauses and adequacy decisions.

12. Children's Privacy

Our services are not intended for individuals under 21 years of age. We do not knowingly collect personal information from children under 21. If we become aware that we have collected information from a child under 21, we will take steps to delete such information promptly.

13. Changes to This Privacy Policy

We may update this Privacy Policy from time to time to reflect changes in our practices or applicable laws. We will notify you of significant changes by posting the updated policy on our website and updating the "Last updated" date. Your continued use of our services after changes constitutes acceptance of the updated policy.

14. Contact Us

If you have questions about this Privacy Policy or our privacy practices, please contact us: