Welcome to AAds Financial Private Limited (“we,” “us,” “our”). We are a loan facilitator providing Business Loans, Personal Loans, Home Loans, and Car Loans through our collaboration with various private and NBFC banks. This Privacy Policy outlines how we collect, use, disclose, and protect your information when you visit our website or use our mobile application (collectively, the “Site”). By using our Site, you agree to the collection and use of information in accordance with this policy.
We may collect and process the following personal information that you voluntarily provide to us through our loan application forms:
We use the information we collect to:
Any Personal Data that We have access to shall not be shared without Your consent, unless specified in the following cases wherein we are obliged to share:
1. Explicit Consent: In various processes such as submission of applications or availing of product/service offerings, We shall seek Your explicit consent to use/share Your Personal Data.
2. Need-to-Know Basis: In our business and operational processes, We only share the data on a “need-to-know” basis to designated personnel or partners or service providers.
3. Legal and Regulatory Compliance: We will share your data with competent legal, statutory, regulatory agencies, authorities, or partners/service providers acting on our behalf in the following cases:
a. We disclose and share Your information with the lending partners and our third-party partners for the facilitation of a loan, facility, or line of credit.
b. For enabling the provision of the products/services availed by You, strictly on a “need-to-know” basis and subject to applicable laws.
c. We will disclose the information to our third-party technology and credit partners to perform credit checks and credit analysis, like Credit Bureaus or third-party data source providers.
d. We will share your information under a confidentiality agreement with third parties and restrict the use of the said Information by third parties only for the purposes detailed herein. We warrant that there will be no unauthorized disclosure of your information shared with third parties.
e. We may disclose Your information, without prior notice, if We are under a duty to do so to comply with any legal obligation or an order from the government and/or a statutory authority, or to enforce or apply Our terms of use, or assign such information in the course of corporate divestitures, mergers, or to protect the rights, property, or safety of Us, Our users, or others. This may include exchanging information with other companies and organizations for the purposes of fraud protection and credit risk reduction.
f. Where it is directed or required by legal, regulatory, statutory, governmental authorities, or judiciary under any applicable laws, regulations, or judicial pronouncements through a legally obligated request.
g. Where it is required to verify, mitigate, or prevent fraud, or to manage risk or recover funds in accordance with applicable laws/regulations.
h. When You make purchases through our services, we may collect and store information about You to process your requests and automatically complete forms for future transactions, including (but not limited to) your phone number, address, email, billing information, and payment preferences. This information may be shared with third parties which assist in processing and fulfilling Your requests, including payment gateway processors, and for providing You with products/services to better serve Your needs and interests. Such sharing shall be in accordance with Your instructions and subject to appropriate confidentiality and security requirements.
i. We may share Your Personal Data with our group, associate, or affiliate companies to comply with regulatory requirements or restrictions applicable to Us and/or to our group, associate, or affiliate companies.
j. We may share your data with third parties, group companies, or affiliates for the purpose of undertaking recovery and collection activities. We may also share your information with the below-mentioned entities for them to communicate with you for the indicated purposes.
We may share your information with:
• Lending Partners: To process your loan applications, we collaborate with various lenders, including:
| Piramal Finance | Lending Partner |
| We Rize | Lending Partner |
| Au Bank | Lending Partner |
| Bajaj Finance | Lending Partner |
| Punjab Housing Finance | Lending Partner |
| Incred Finance | Lending Partner |
We use Your Personal Data in our business activities for providing and performing, among other actions, the following:
We take the security of your personal information seriously and implement various measures to protect your data. However, no method of transmission over the Internet or electronic storage is completely secure, so we cannot guarantee absolute security.
You may choose to close and/or delete Your account at any point of time by making such choice through Site/Platform. With this We will no longer provide Your data for external processing as mentioned above. However, We may retain Your Personal Data as long as the purpose for its usage exists, after which the same shall be disposed off by Us except for any record retention required as per applicable law. The provisions of various laws require Your transaction logs to be stored for longer periods post the deletion of an account. Further, in the event of the pendency of any legal, regulatory and/or statutory proceeding or receipt of any legal and / or regulatory direction to that effect, We may be required by the law of the land to retain your Personal Data for longer periods.
When You use Our Platform, We collect and store your information which is provided by You from time to time by explicitly seeking permissions from You to get the required information. Our primary goal in doing so is to provide You a safe, efficient, smooth and customized experience and Services. This allows Us to provide Services and features that meets Your needs, and to customize Our Platform to make Your experience safer and easier and to improve the Services provided by Us.
We may process, store and retain Your Personal Data on Our servers where the data centres are located, and/or on the servers of third parties having contractual relationships with Us. All data is stored in India only. We will retain your data for the period that you continue to be our customer and for such period as required to comply with any obligation under any law for the time being in force.
The information that is collected from you may be transferred to, stored and processed at any destination as permitted under applicable law. By submitting information to Us, You agree to this transfer, storing and / or processing. We will take such steps as We consider reasonably necessary to ensure that Your information is treated securely and in accordance with this Privacy Policy.
Please note that a “cookie” is a small piece of information stored by a web server on a web browser so it can be later read back from that browser. We may use cookie and tracking technology depending on the features offered. No Personal Data will be collected via cookies and other tracking technology; however, if you previously provided Personal Data, cookies may be tied to such information.
Our website may contain links to other websites which are not maintained by Us. This privacy policy only applies to Us. You are requested to read the other websites’ privacy policies when visiting these websites.
We may update our Privacy Policy from time to time. We will notify you of any changes by posting the updated Privacy Policy on this page. You are advised to review this Privacy Policy periodically for any changes.
If you have any questions or concerns about this Privacy Policy, please contact us at:
| PIRAMAL FINANCE LIMITED | Lending Partner |
| Wortgage Technologies Private Limited (We Rize) | Lending Partner |
| AU Financiers (India) Ltd | Lending Partner |
| Bajaj Finance Limited | Lending Partner |
| PNB Housing Finance Limited | Lending Partner |
| InCred Financial Services Limited | Lending Partner |
This policy will be governed by and construed in accordance with the laws of India, and any disputes will be subject to the exclusive jurisdiction of the courts of Delhi.
959-992-3301
