Effective Date: January 16, 2025
Welcome to RinMitra (hereinafter referred to as "the App"), provided by Nawanshahr Finance Limited (hereinafter referred to as "the Company"). This Privacy Policy aims to help you understand how we collect, use, store, and protect your personal information. Please read this agreement carefully before using the App to ensure you fully understand and agree to the terms.
During your use of the App, we may collect the following types of personal information:
1.Personal Information: Such as your name, contact details, educational background, marital status, identification documents, etc., for identity verification.
2.Bank Account Information: Used for transferring loan amounts.
3.Contact Information: To facilitate auto-fill for faster data entry, saving you time during form submission.
4.Location Information: Used to confirm whether you are within our service coverage area, as well as for fraud prevention measures to ensure your account security.
5.IDFA Permission: Helps us understand your loan preferences and recommend more accurate, personalized products.
6.Camera Permission: Used for taking photos of identification documents and facial recognition for identity verification.
The personal information we collect will be used for the following purposes:
1.Identity Verification and Security: To verify your identity and ensure transaction and account security.
2.Loan Application and Approval: To assess your loan eligibility and provide you with suitable loan products.
3.Customer Support: To provide you with technical support, customer service, and related inquiries.
4.Marketing and Promotion: We may use your information to push personalized product, service, or promotional offers to you.
5.Data Analysis and Improvement: To analyze user behavior, optimize app performance, and enhance user experience.
1.Storage Location: We store your personal information on secure servers designated by the Company and ensure its safety.
2.Protection Measures: We implement security measures such as encryption and access controls to protect your personal information from unauthorized access, disclosure, alteration, or destruction.
3.Retention Period: We will delete or anonymize your personal information when it is no longer needed, unless required by law or for specific business purposes.
We do not sell your personal information to third parties. However, we may share your information in the following circumstances:
1.Service Providers: We may share your information with third-party service providers (e.g., technical support, customer service) who assist us in providing services. These third parties may use your information only to the extent necessary to perform their services for us.
2.Legal Requirements: We may disclose your personal information when required by law, regulation, or government authority.
You have the following rights regarding your personal information while using the App:
1.Access: You have the right to request access to your personal information stored by us.
2.Correction: If your personal information is inaccurate, you have the right to request corrections.
3.Deletion: In certain circumstances, you can request the deletion of your personal information, provided it is not needed to fulfill our legal or business obligations.
4.Withdrawal of Consent: You can withdraw your consent to the collection, processing, and storage of your personal information at any time. Please note that withdrawal of consent may affect your ability to use certain features.
The App is not intended for children under the age of 18, and we do not knowingly collect personal information from children. If we discover that we have unintentionally collected personal information from children, we will take steps to delete that information as soon as possible.
We may update this Privacy Policy from time to time. The updated version will be posted within the App and will become effective immediately. Please review this agreement periodically to stay informed of the latest privacy practices. Your continued use of the App indicates your acceptance of the updated Privacy Policy.
If you have any questions or concerns about this Privacy Policy or your personal information, please contact us via the following methods:
Customer Support Email: team@nawanshahrfinance.com
Website: https://www.nawanshahrfinance.com