Privacy Policy

Mangal Credit & Fincorp Limited Powered by TRU, is a registered Non-Banking Financial Company (NBFC) with Reserve Bank of India (RBI), having its registered office at A - 1701 / 02, Lotus Corporate Park, off. WEH, Goregaon (E), Mumbai - 400 063 (hereinafter referred to as, "Mangal Credit & Fincorp Limited", "we", "us", etc.)

We at Mangal Credit & Fincorp Limited, value your trust and respect your right to privacy. This Privacy Policy provides you with details about the manner in which your data is collected, stored and used by us. You are advised to read this Privacy Policy carefully. If you do not agree to the terms of this Privacy Policy, please do not further use or access Mangal Credit & Fincorp Limited website/applications.

Introduction

This privacy statement is applicable to website and applications (mobile and hybrid, hereinafter referred to "applications") of Mangal Credit & Fincorp Limited. This Privacy Policy applies regardless of whether you use a computer, mobile phone, tablet, or television or any other media or computer resource to access our Services. It is important that you read the Privacy Policy carefully because whenever you use our website/applications, your Personal Data will be processed (if at all) in accordance with this policy.

Personal Data and Its Collection

Personal Data, means and includes, any data relating to identified or identifiable living person or otherwise ('data subject' here in referred as you/your') including but not limited to, name, telephone number, email ID, any personal details that may have been voluntarily provided by the customer, whether to Unique Identification Authority of India (UIDAI), Credit Information Bureau of India Limited (CIBIL) or any other agency including any other Credit Information Companies (CIC).

Information Collected When You Use Our Website/Applications

We collect data about you or your usage to provide better services to all of our users. We collect data in the following ways:

1. We collect data about the services that you use and how you use them.
2. We may collect your data through publicly available sources.
3. When you communicate with Mangal Credit & Fincorp Limited or use the Mangal Credit & Fincorp Limited platform to communicate with other members, we collect data about your communication and any data you choose to provide
4. If you choose to sign in with your social media account to access Mangal Credit & Fincorp Limited, or otherwise connect your social media account with the services of Mangal Credit & Fincorp Limited, you consent to our collection, storage, and use, in accordance with this Privacy Policy, of the information that you make available to us through the social media interface. Please see your social media provider's privacy policy and help centre for more information about how they share data when you choose to connect your account.

Use of Personal Data

1. We use data collected from cookies and other technologies, to improve your user experience and the overall quality of our services.
2. Send alerts and newsletter(s) to you.
3. Communicate with you concerning our service so that we can send you details about Mangal Credit & Fincorp Limited promotional announcements, marketing purposes and surveys, other services of Mangal Credit & Fincorp Limited affiliates.
4. Improve our website/applications and its content to provide better features and services.
5. Conducting market research and surveys with the aim of improving our products and services.
6. Preventing, detecting, investigating and prosecuting crimes (including but not limited to fraud and other financial crimes) in any jurisdiction, identity verification, government sanctions screening and due diligence checks.
7. Establishing, exercising or defending legal rights in connection with legal proceedings (including any prospective legal proceedings) and seeking professional or legal advice in relation to such legal proceedings.
8. Sharing with our customer support team and other relevant stakeholders to resolve your queries/concerns/feedback related to your rights or services provided to you.
9. Establish identity and verify the same;
10. Design and offer customized products and services offered by our third-party financial partners;
11. Analyse how the platform is used, diagnose service or technical problems and maintain security;
12. Manage our relationship with you and inform you about other products or services we think you might find of some use;
13. Conduct data analysis in order to improve the services / products provided to the user;
14. Use the user information in order to comply with country laws and regulations;
15. Conduct KYC for our third party lending partners based on the information shared by the user;
16. Use the user information in other ways permitted by law to enable you to take financial services from our lending partners.

Use Of Other Data

Cookies are small data files that a Website stores on Your computer. A "cookie" is a small text file that may be used, for example, to collect data about Web site activity. Some cookies and other technologies may serve to recall Personal Data previously indicated by a Web user. You may set most browsers to notify you if you receive a cookie, or you may choose to block cookies with your browser, but please note that if you choose to erase or block your cookies, you will need to re-enter your original user ID and password to gain access to certain parts of the Web site. Tracking technologies may record information such as Internet domain and host names; Internet protocol (IP) addresses; browser software and operating system types; clickstream patterns; and dates and times that our site/application is accessed. Our use of cookies and other tracking technologies allows us to improve our website/applications and your Web experience. We may also analyse information that does not contain Personal Data for trends and statistics. For more information about our use of cookies please refer to our Cookie Policy.

Disclosure of Information

We understand the importance of your information and ensure that it is used for the intended purpose only. We access, store and use the information we collect from you in accordance with the applicable laws. We restrict access to your Personal Data to employees who we believe reasonably need to know that data in order to fulfil their jobs to provide, operate, develop, or improve our products or services.

Mangal Credit & Fincorp Limited does not share Personal Data about you with other people or non-affiliated companies except :

1. to provide products or services you've requested,
2. when we have your permission,
3. or under the following circumstances:

1. We provide the information to trusted partners who work on behalf of or with Mangal Credit & Fincorp Limited under confidentiality agreements. These companies may use your Personal Data to help Mangal Credit & Fincorp Limited communicate with you about offers from Mangal Credit & Fincorp Limited and our marketing partners.
2. We may disclose your Personal Data to agents or contractors of Mangal Credit & Fincorp Limited and/or its group companies/affiliates to enable processing of transactions or communications with you on need basis. However, it shall be on the basis that the agents are required to keep the information confidential and will not use the information for any other purpose other than to carry out the services they are performing for Mangal Credit & Fincorp Limited and/or its group companies/affiliates.
3. We will not voluntarily disclose your data with us but in exceptional circumstances we may do so if we are required by a Court Order, by Government Authorities, by Law Enforcement Authorities or by other legal processes or where it becomes necessary to do so to protect the rights or property of Mangal Credit & Fincorp Limited and/or its group companies/affiliates etc.
4. We may share your Personal Data with Mangal Credit & Fincorp Limited group and/or its affiliates for providing details on latest offers from our other entities We believe it is necessary to share data in order to investigate, prevent, or take action regarding illegal activities, suspected fraud, situations involving potential threats to the physical safety of any person, violations of Mangal Credit & Fincorp Limited terms of use, or as otherwise required by law.

Consent To International Transfer of Data

When you use or participate in any of our Services and/or provide us your details, your data may be transferred outside India for processing consistent with this Privacy Policy. Please note that the data protection laws of countries to which your data may be transferred will be at least same level as that of India.

Link To Third-Party

Our Services may link to third-party websites/applications and services that are outside our control. Further, Mangal Credit & Fincorp Limited, its group companies, its affiliates, and their directors and employees ("Mangal Credit & Fincorp Limited Group") accept no liability and will not be liable for any loss or damage arising directly or indirectly (including special, incidental or consequential, punitive, or exemplary loss, damage or expenses) from your use of any application or any site or inability to use by any party, howsoever arising, and including any loss, damage or expense arising from, but not limited to, any defect, error, omission, interruption, imperfection, fault, mistake or inaccuracy with any online application, its Contents (material, information, data, money market movements, news items, etc.) or associated services, or due to unavailability of any application or any part thereof or any Contents or associated services even if Mangal Credit & Fincorp Limited Group are advised of the possibility of such damages, losses or expenses.

Age

To use the Site/Application you agree that you must be the minimum age (described in this paragraph below) or older. The minimum age for these purposes shall be 18, however if local laws require that you must be older in order for Mangal Credit & Fincorp Limited to lawfully provide the services in the Site/Application to you then that older age shall apply as the applicable minimum age.

Security And Confidentiality

Mangal Credit & Fincorp Limited makes sure at all times to implement reasonable security practices and procedures (such as managerial, operational, physical and technical) for the purpose of protection and safeguarding of your Personal Data as the same is of vital importance to Mangal Credit & Fincorp Limited. Our Platform has stringent security measures in place to protect the loss, misuse and alteration of information under control. We endeavour to safeguard and ensure the security of the information provided by you. At Mangal Credit & Fincorp Limited, we are strongly committed to protecting the personal and financial information that you submit to us. Mangal Credit & Fincorp Limited shall ensure to safeguard the security and confidentiality of any data you share with us. Any of your personally identifiable data obtained by us shall not be used or shared other than for the purposes to which you consent. However, despite our utmost efforts to protect your Personal Data, Mangal Credit & Fincorp Limited cannot warrant the security of any data you transmit to us through our online services/ applications. By accepting this Privacy Policy, you accept that such transmission of your Personal Data is done at your own risk. Lastly, you are requested to help us protect your data privacy by maintaining the secrecy of the username and password you use for any of our Services.

Your Consent

By using the website and by providing your information, you consent to the collection, sharing, disclosure and usage of the information that you disclose on the Platform in accordance with this Privacy Policy.

If we decide to change our Privacy Policy, we will post those changes on this page so to make you aware of the information we collect, how we use it, and under what circumstances we share and disclose it.

We are seeking user permissions to access below mentioned data to check the creditworthiness of the loan application, evaluate the credit risk, prevent fraudulent loan applications and manage credit disbursal in a short span of time. We request you to please read the permissions carefully where we have explained how and why the data is collected.

• Contacts: By accepting this permission, you are allowing us to access your contact information from your address book and have it uploaded on our server. This is to help you manage reference selection during loan application process and for us to be definite about your usage of this phone. This permission is critical for us to detect any fraudulent loan applications and manage credit risk better. The data transferred to the server is accomplished through secure APIs.
• Location: By accepting this permission, you are allowing us to track your current location. This helps us to check for availability of our services in your location to approve your loan application.
• Camera: By accepting this permission to access camera, you are able to take selfie, scan/capture and share the requested KYC documents and help us to establish the authenticity of your loan application.
• Storage / Gallery / Media: By accepting this permission to access the storage / gallery / media, you are allowing us to access the User's images saved on your device for the purposes of verification and authentication.

Disclaimer

Mangal Credit & Fincorp Limited shall not be liable for any loss or damage sustained by reason of any disclosure (inadvertent or otherwise) of any information concerning the user's account and / or information relating to or regarding online transactions using credit cards / debit cards and / or their verification process and particulars nor for any error, omission or inaccuracy with respect to any information so disclosed and used whether or not in pursuance of a legal process or otherwise. Mangal Credit & Fincorp Limited does not store any Credit\ Debit card details. Any other personal and sensitive Personal Data shared by you which is not asked by Mangal Credit & Fincorp Limited during registration, either mandatorily or optionally; accounts to wilful and intentional furnishing; and Mangal Credit & Fincorp Limited will not be liable for breach of such information.

Intellectual Property Rights

Please note that Mangal Credit & Fincorp Limited retains all rights (including copyrights, trademarks, patents as well as any other intellectual property right) in relation to all information provided on or via this web site (including all texts, graphics and logos).