Privacy Policy:

Please read this privacy policy carefully. If you are availing the platform services, we understand that you read the privacy policy and agree to it. If you do not agree to the privacy policy, you may not avail the platform services. This privacy policy sets forth the modes of collection, use and disclosure of information gathered on the platform and is applicable only to the personal information collected on the platform. The terms used in this Privacy Policy have the same meanings as in our Terms and Conditions, which is accessible at EasyBorrow unless otherwise defined in this Privacy Policy.

We, EasyBorrow.in (hereafter referred as “EasyBorrow.in” or “EasyBorrow” or “www.easyborrow.in” or “our” or “us” or “we”) owns and operates this website and mobile application. which enables you to avail short term loans from affiliated lenders based on the loan agreement executed between you and the lender. The lender has appointed and authorized us to collect, store, authenticate , distribute and verify the personal information which may be required to sanction the loan. The information shall be collected through forms on the mobile application.
We will not use or share your information with anyone except as described in this Privacy Policy. We are committed to protect your privacy and we recommend you to read this privacy policy carefully to understand your approach on how we use the data.

Information Collection and Use:

For a better experience and in-order to avail our services, you are required to log in to the platform via third party platforms such as Gmail. You authorize us to import details and information you dispersed over these third party platforms. As part of the application process, we may require you to provide us with certain personally identifiable information, including but not limited to name, e-mail address, gender, date of birth, mobile number, passwords, photograph, mobile phone information including contact numbers, data and login-in credentials of Third Party Platforms (defined below), financial information such as bank documents, salary slips, bank statements, PAN card, bank account no., data from Credit Information Companies and data required for Know Your Customer compliances The information that we request will be retained by us and used as described in this privacy policy. You undertake that you shall be solely responsible for the accuracy and truthfulness of the information provided by you.

You understand and acknowledge the company reserves the right to track your location and also use your information in the event of default or non-payment of the loans. User shall cease to use the service by deleting the application but the company reserves the right to use your information till the outstanding amount to the lender is paid by you.

User permissions sought by the app –

1) User information

Our app allows users to sign-up with google and collects public information such as name, email address and any other details that are available publicly. This information is required as part of the registration process to access our service and to establish identity of the user. Our app requires users to verify their mobile number in-order to check the status of the sim on the device, prevent fraud and unauthorized access and to uniquely identify you.

2) Location

We collect location data of the device in-order to check the serviceability of the app in your location and also to expedite the loan process. This helps in address verification and provide better credit risk decisions.

3) Storage

With storage permissions, all the relevant documents related to KYC can be uploaded from the phone. This provides seamless experience while using the application and enable faster decisions.

4) Contacts

Our app requires this permission to detect references and autofill the data during the loan application process. Also, app collect this information to build your financial profile and do risk assessment.

How the data is used –

1) For credit risk assessment
2) To provide better user experience( auto fill, membership upgrades etc)
3) For advertising new products

The data securely stored and will not be shared to any outside entity unless for legal and compliance issues. Customer has the right to request to terminate his application and delete the data when required.

Data Retention and Security:

We will retain your data with us as long as your registration with us is valid or you are an active user of the platform. As a user you can request us to delete the data if you wish to terminate your association with us. This is subject to clearance of all pending dues to our lenders.

We value your trust in providing us your Personal Information, thus we are striving to use commercially acceptable means of protecting it. But remember that no method of transmission over the internet, or method of electronic storage is 100% secure and reliable, and we cannot guarantee its absolute security.You are responsible for all actions that take place under your User Account. If you choose to share your User Account details and password or any Personal Information with third parties, you are solely responsible for the same.

Cookies:

Cookies are files with a small amount of data that are commonly used as anonymous unique identifiers. These are sent to your browser from the websites that you visit and are stored on your device's internal memory. As a user you consent us to use cookies.

Communications:

We communicate to you via various modes such as SMS/email or notifications. This is required to keep you informed with the updates, product service requests and other services. As a user you agree to allow us to communicate with you by above mentioned channels. However, you can opt out or unsubscribe by writing to us from promotional communications but not the transactional communications.

Disclosures:

We do not sell or rent or lease your personal information to anybody and will never do so. We may disclose your information in these cases –

Internal administrators:we shall provide access to our team for internal business purpose to serve you better and they shall be obligated not to share any information

Business partners:We use certified trusted business partners who may provide us various services that enhances user experience, data security and improve our platform features. Such partners may include platform hosting services, data management, credit bureaus and analytics. These partners may have access to your information only to help us perform our tasks in a better and efficient way and are under same obligation to protect your data as discussed in this privacy policy.

Service providers:We may share your Personal Information with the service providers, including LENDER, who are working with us in connection with the operation of the Services or the Platform, so long as such service providers are subject to confidentiality restrictions consistent with this Privacy Policy

Legal and regulating authorities:

We may be required to disclose your Personal Information due to legal or regulatory requirements. In such instances, we reserve the right to disclose your Personal Information as required in order to comply with our legal obligations, including but not limited to complying with court orders, warrants, or discovery requests. We may also disclose your Personal Information(a) to law enforcement officers or others; (b) to Credit Information Companies; (c) to comply with a judicial proceeding, court order, or legal process served on us or the Platform; (d) to enforce or apply this Privacy Policy or the Terms of Service or our other policies or Agreements; (e) for an insolvency proceeding involving all or part of the business or asset to which the information pertains; (f) respond to claims that any Personal Information violates the rights of third-parties; (g) or protect the rights, property, or personal safety of the Company, or the general public. You agree and acknowledge that we may not inform you prior to or after disclosures made according to this section.
Notwithstanding anything mentioned hereinabove, the Company shall not be responsible for the actions or omissions of the service providers or parties with whom the Personal Information is shared, nor shall the Company be responsible and/or liable for any additional information you may choose to provide directly to any service provider or any third party.

Other Services:

We may provide you with certain ancillary services such as chat rooms, blogs and reviews for the Services. Subject to any applicable laws, any communication shared by you via the Platform or through the blogs, reviews or otherwise to us (including without limitation contents, images, audio, financial information, feedback etc. collectively "Feedback") is on a non-confidential basis, and we are under no obligation to refrain from reproducing, publishing or otherwise using it in any way or for any purpose. You shall be responsible for the content and information contained in any Feedback shared by you through the Platform or otherwise to us, including without limitation for its truthfulness and accuracy. Sharing your Feedback with us, constitutes an assignment to us of all worldwide rights, titles and interests in all copyrights and other intellectual property rights in the Feedback and you authorize us to use the Feedback for any purpose, which we may deem fit.

Policy changes:

We may update this Privacy Policy without notice to you. You are encouraged to check this Privacy Policy on a regular basis to be aware of the changes made to it. Continued use of the Services and access to the Platform shall be deemed to be your acceptance of this Privacy Policy.

Indemnification & Liability :

You agree to indemnify us, our subsidiaries, affiliates, officers, agents, co-branders or other partners, and employees and hold us harmless from and against any claims and demand, including reasonable attorneys' fees, made by any third party arising out of or relating to: (i) Personal Information and contents that you submit or share through the Platform; (ii) your violation of this Privacy Policy, (iii) or your violation of rights of another Customer(s).

You expressly understand and agree that the Company shall not be liable for any direct, indirect, incidental, special, consequential or exemplary damages, including but not limited to, damages for loss of profits, goodwill, use, data, information, details or other intangible losses (even if the Company has been advised of the possibility of such damages), resulting from: (i) the use or the inability to use the Services; (ii) unauthorized access to or alteration of your Personal Information.

Governing Laws & Duties:

You expressly understand and agree that EasyBorrow, including its directors, officers, employees, representatives or the service provider, shall not be liable for any direct, indirect, incidental, special, consequential or exemplary damages, including but not limited to, damages for loss of profits, goodwill, use, data or other intangible losses (even if the Company has been advised of the possibility of such damages), resulting from; (a) use or the inability to avail the Services (b) inability to use the Platform (c) failure or delay in providing the Services or access to the Platform (d) any performance or non-performance by the Company (e) any damages to or viruses that may infect your electronic devices or other property as the result of your access to the Platform or your downloading of any content from the Platform and (f) server failure or otherwise or in any way relating to the Services.

Force Majeure:

This Agreement shall be construed and governed by the laws of India and courts of law at Hyderabad shall have exclusive jurisdiction over such disputes without regard to principles of conflict of laws.

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