Your confidence in choosing YACHIKA SYNTHETICS PRIVATE LIMITED's Yachika Cash is highly valued by us, and we take our responsibility to safeguard your personal information very seriously. This Privacy Policy provides detailed insights into the protocols we follow to collect, employ, secure, and divulge your personal data.
In this text, “we” and “our” encompass both YACHIKA SYNTHETICS PRIVATE LIMITED and Yachika Cash as a single entity.
This policy serves to elucidate the manner in which we handle personal information within mobile applications. We encourage you to meticulously peruse this document to grasp our methods of managing your personal data.
1. Loan Provider Overview
Name of Loan Provider: YACHIKA SYNTHETICS PRIVATE LIMITED
CIN: U17119WB1989PTC123062
Email Support:
Address: 7.H Swetal Apartment Khanpur Ahmedabad, Gujarat, 380001 India
2. Comprehensive Personal Information Protection Measures
Our dedication to the security of your personal information is unwavering. We employ a holistic strategy that combines the latest in technical defenses with rigorous management policies to safeguard your personal data's safety, integrity, and privacy.
Leveraging top-tier encryption technology stands as a cornerstone of our data protection strategy, effectively securing your personal information against unauthorized access and cyber threats.
We enforce a strict limitation on who can access personal information, ensuring it is confined to personnel who have passed extensive security clearances. Their access rights are carefully managed and regularly reviewed to prevent data misuse.
Our proactive stance on security involves frequent assessments and updates to our data storage systems, ensuring they meet the highest standards of security and are resilient against unauthorized intrusion.
A pivotal aspect of our data protection strategy is our privacy protection training program for employees. This program is comprehensive, covering the latest data protection laws, ethical handling of personal information, and best practices in privacy security, thereby cultivating a strong culture of privacy awareness within our organization.
3. Personal Information Collection and Use
In the course of using our loan application, we are entitled to collect information in the following categories:
Personal Identifiers: Your name, modes of contact, birth date, etc.
Economic Details: Your financial earnings, debts, and related fiscal information.
Professional Information: Your job title, employer identification, etc.
Credit Analysis: Including your credit score and detailed credit history.
Supplementary Information: Communications with our service, customer feedback, and other pertinent details.
Collection Techniques
Your personal data is obtained via:
Direct inputs from your end.
Automatic collection functionalities within our application.
External sources for the verification of identity and fiscal conditions.
To deter financial malpractices and verify your loan eligibility, we require permissions for accessing your device's camera, photo album, and address book during the KYC diligence.
4. Personal Data Usage Objectives
The collection and application of your personal data are for the purposes of:
Fulfilling your requests for specific products and services, and pursuing the enhancement of these offerings.
Processing your feedback or grievances and ensuring effective communication.
Providing you with customized recommendations and services tailored to your preferences.
Conducting comprehensive market research and statistical analysis to elevate the overall user experience.
Complying with pertinent legal obligations and defending the rightful interests of both parties involved.
5. Consent for Data Collection and Use
Applicants desiring to secure a full loan through our app must agree to allow the following permissions on their devices:
Camera Usage: Authorization for the app to access the camera for taking photos or recording videos is essential. This facilitates the verification of applicant identity, a critical step in preventing financial deceit.
Geolocation Access: Granting the app permission to access your location is required to confirm service availability in your region. Service provision is limited to specific geographical locations, and verification ensures compliance.
Access to Contacts: The app's access to your address book is necessary for conducting checks on your contacts. This includes ensuring the numbers meet the legal standards in India and identifying any sequential numbers to avert financial fraud and lessen credit risks.
Please be aware that all data gathered during this process will be expungedly removed from our systems following the evaluation of loan qualification, with no long-term data storage.
6. Personal Information Sharing Controls
Your personal information remains under strict confidentiality, protected from being sold, traded, or disclosed to third parties unless such actions are predicated upon your consent or legal necessity. Should circumstances necessitate the sharing or transferring of personal data, our protocol demands strict compliance with legal standards and adherence to the principles outlined in this Privacy Policy, with effective measures deployed to secure your information.
7. 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.
8. Data Access and Amendments
As a user, you possess the right to review, modify, or delete any personal information we hold about you. Should you desire to execute any of these actions, please make your request through our designated contact channels. Our team is ready to facilitate your data preferences efficiently.
9. Contact Us Regarding Privacy
If you have questions or comments about this Privacy Agreement or our practices regarding your personal information, please reach out to us at:
Name of Corporate: YACHIKA SYNTHETICS PRIVATE LIMITED
CIN: U17119WB1989PTC123062
Email for Queries:
Address for Correspondence: 7.H Swetal Apartment Khanpur Ahmedabad, Gujarat, 380001 India
We're here to provide clear answers and resolve any concerns you might have swiftly.
10. Privacy Agreement Adjustments
As our practices in handling personal information evolve and as we aim to stay compliant with legal requirements, updates to this privacy agreement may be necessary. In the event of critical changes, you will be notified through suitable means to stay informed of our privacy practices.
We advise a thorough review of our Privacy Agreement before you proceed with our products and services. Should you require further information or have questions regarding any section of this agreement, please connect with us at any moment.