Privacy Policy of Vasud Finance Private Limited

Effective Date: 29-07-2025

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At Vasud Finance Private Limited, we are dedicated to ensuring the utmost protection and confidentiality of the personal and financial data entrusted to us by our customers, website users, and business partners. As a responsible Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI) and operating under the provisions of the Companies Act, 2013, we recognize the sensitive nature of personal data, and the vital role data privacy plays in building lasting relationships. Our Privacy Policy reflects our commitment to integrity, compliance, and respect for user rights in every interaction.

This Privacy Policy governs how we collect, store, use, share, and safeguard the personal information provided to us either directly by you or indirectly through various sources, including digital, verbal, or paper-based interactions. By engaging with our website (www.vasudfinance.com), applying for our financial products or services, or communicating with our representatives, you agree to the terms and practices outlined in this document.

Information We Collect

We collect a wide range of personal and non-personal data for identification, verification, and operational purposes. This includes, but is not limited to,

• Personal Identifiers: Full name, gender, date of birth, photograph, and signature
• Contact Information: Residential address, email ID, mobile number, and emergency contact details.
• Financial Records: PAN number, Aadhaar number, income documents, salary slips, Form 16, bank statements, GST details, credit reports, and business financials.
• KYC Documents: Passport, voter ID, driving license, utility bills, and other valid documents as per RBI guidelines.
• Device and Technical Information: IP address, browser type, device ID, operating system, referring URLs, usage data, and geolocation (when permitted).
• Biometric or Sensitive Data (if applicable): Fingerprint, facial recognition, or voice samples collected with your explicit consent.

We may also collect information from third-party sources such as credit bureaus, government databases, affiliate partners, and digital verification platforms to assess creditworthiness and ensure regulatory compliance.

Purpose of Data Collection

We process your personal information only for legitimate business and regulatory reasons, which include

• Verifying your identity and authenticity of submitted documents.
• Assessing your credit profile and eligibility for our financial products.
• Processing loan applications, disbursements, and repayments.
• Managing your relationship with Vasud Finance throughout the loan lifecycle.
• Providing relevant updates, transaction alerts, and service communications.
• Customizing our services and product offerings to better suit your financial needs
• Enabling customer service and grievance redressal.
• Conducting market research, surveys, and analytical studies to improve business performance.
• Preventing fraud, financial crime, and misuse of services.
• Ensuring compliance with applicable laws, RBI directives, KYC/AML norms, and tax obligations.

How Do We Use Your Information

Your data is treated with utmost confidentiality and is used only for the purposes for which it was collected. We follow the principles of data minimization and relevance, ensuring that your details are not used beyond the scope of our business functions. We may analyze usage trends, customer preferences, and behavioral patterns to offer personalized experiences, special offers, and improved solutions.

In certain instances, anonymized or aggregated information may be used for business intelligence, statistical analysis, and policy planning without identifying any individual.

Information Sharing and Disclosure

We do not rent, sell, or trade your data with unrelated third parties. However, in the normal course of business, we may share your information with:

• Authorized financial partners such as credit bureaus, lending institutions, payment gateways, and banks
• Third-party service providers involved in data storage, digital documentation, e-KYC, e-signing, cloud services, IT infrastructure, customer support, or collections
• Regulatory authorities, including RBI, SEBI, income tax departments, law enforcement agencies, and courts, if legally mandated
• Business partners and auditors in the event of mergers, acquisitions, restructuring, or internal audits

All partners and vendors who receive your data are contractually bound to comply with data protection standards and confidentiality agreements.

Data Security and Protection Measures

Vasud Finance implements multiple layers of security controls, both technical and organizational, to protect your data from unauthorized access, breaches, misuse, loss, or destruction. Some of our key security measures include

• Secure Socket Layer (SSL) encryption for all online data transmissions
• Firewalls, intrusion detection systems, and anti-malware protection
• Controlled and role-based access to sensitive data within the organization
• Secure coding practices, vulnerability scanning, and regular penetration testing
• Regular staff training on data protection awareness and information security protocols

We continuously monitor and improve our systems to meet industry standards and regulatory expectations. While we strive to offer the highest degree of security, no digital transmission method is entirely foolproof. Therefore, we encourage users to exercise caution and avoid sharing OTPs, passwords, or sensitive data on unverified platforms.

Cookies and Tracking Technologies

Our website may use cookies and similar tracking technologies to enhance user experience, enable certain functionalities, and analyze performance. Cookies help us remember user preferences, track session data, and generate analytics reports. You can manage your cookie preferences via browser settings. Disabling cookies may affect some features on the website.

Data Retention Policy

We retain your personal information only for as long as necessary to fulfil the purposes outlined in this policy or as required by applicable law. The duration may vary depending on the nature of the transaction, tax requirements, audit obligations, and regulatory compliance. Once the retention period lapses, we ensure data is securely deleted, anonymized, or archived by RBI and IT Act guidelines.

Your Rights as a Data Subject

You are entitled to exercise the following rights regarding your data:

• Right to access and review the personal data we hold about you
• Right to rectify inaccuracies in your submitted information
• Right to withdraw consent (where processing is based on consent)
• Right to restrict or object to data processing (within regulatory limits)
• Right to request data erasure (subject to documentation and retention requirements)

For any such requests, please contact our Privacy Officer via the details provided below. We will acknowledge and respond to valid requests within the legally stipulated timeframe.

Children’s Privacy

Vasud Finance does not knowingly collect or process data from individuals under the age of 18 years. If we become aware of any such data, it will be immediately removed from our systems.

Updates and Amendments

This Privacy Policy may be revised periodically to reflect changes in our business practices, technological advancements, or regulatory landscape. All updates will be posted on our website with the “Last Updated” date. We recommend reviewing this policy periodically to stay informed.

Contact Information

If you have questions, concerns, feedback, or requests related to this Privacy Policy or our data protection practices, please reach out to us:

Vasud Finance Private Limited

• Registered Office – 2900, Khuteto Ka Rasta, Near Police Chowki Bhindo Ka Rasta, Chandpole Bazar, Jaipur-302001
• Corporate office – Plot No. 2, 3 rd Floor, Ajmera Garden Kings Road, Ajmer Road, Jaipur, Rajasthan 302019 ( Landmark – Near Shyam Nagar Police Station)
• Email: contact@vasudfinance.com
• Phone: +91 8769920000
• Website: www.vasudfinance.com

This Privacy Policy is an integral part of our ongoing mission to protect your information and uphold the highest standards of financial integrity, transparency, and trust.