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Privacy Policy

Aamod Fintech Solutions Private Limited (“Moneyverss”/”Company”/”Moneyverss.com”) including online platform(s) www.moneyverss.com and “Mobile App” (collectively “Website”) recognizes the importance of maintaining your privacy. Moneyverss.com is committed to maintaining the confidentiality, integrity, and security of all information of its users. This Privacy Policy describes how Moneyverss.com collects, stores, handles, and transfers certain information received from you via the use of the Website on a need basis. This Privacy Policy applies to the visitors to our Website and our existing and future customers. By visiting and/or using our Website, you are accepting and consenting to the practices described in this Privacy Policy.

By using or continuing to use the Website, you agree to our use of your information (including sensitive personal information as defined under the Information Technology Act 2000, applicable rules, notification, etc.) in accordance with this Privacy Policy, as may be amended from time to time by Moneyverss at its sole discretion.

Controllers of Personal Information

Your personal data will be collected and stored on servers located in India by Moneyverss along with its parent company (including its representatives, affiliates, and business partners).

What Personal information do we collect?

We gather information from customers to personalize and enhance their experience on our website. Here are the types of information we collect:

How We Use Your Information

Moneyverss.com collects your information when you register for an account, use its products or services, or visit its website's pages. During registration, you are asked for your first name, last name, state and city of residence, email address, date of birth, and sex. Additionally, you are asked for your contact number and may receive SMS notifications about our services on your wireless device. By registering, you authorize Moneyverss.com (including its business partners and affiliates) to send texts and email alerts to you, including login details and service requirements, as well as promotional emails and SMS, even if you have registered under DND, DNC, or NCPR services. This authorization remains valid as long as your account is active or until you withdraw your consent. Based on your consent, Moneyverss.com may also access your mobile device, including the camera, to facilitate service access and improve website usability, in compliance with applicable laws.

Purpose for Collecting Information:

As otherwise provided in this Privacy Policy and in compliance with applicable laws, some features of this website or our services will require you to provide your personally identifiable information as specified in your account section on our website.

Disclosure to Third Parties

Moneyverss.com will not sell, rent, or otherwise disclose your information for commercial purposes in a manner contrary to the commitments made in this Privacy Policy. However, we may share your information with third parties, including our business partners (https://moneyverss.com/our-partners), we have partnerships, as well as any of our affiliates, for the purposes outlined in this privacy policy.

These third parties are required to handle your information with the same level of care and confidentiality as Moneyverss.com. Any access or processing of your information by these third parties is done in accordance with contractual terms, applicable laws, our instructions, and subject to your consent. For the purposes of this paragraph, an “Affiliate” refers to any person or entity that directly or indirectly controls, is controlled by, or is under common control with another person or entity. "Control" means the power to direct or cause the direction of management or policies, whether through ownership of securities, partnership, or other ownership interests, by contract or otherwise. "Person" includes any natural person, corporation, partnership, limited liability company, trust, unincorporated association, or any other entity.

Moneyverss.com may also share or transfer your personally identifiable information to any successor-in-interest as a result of a sale of any part of Moneyverss.com’s business or upon a merger, reorganization, or consolidation with another entity where Moneyverss.com is not the surviving entity.

We limit the collection and use of your personal information. We may make anonymous or aggregate personal information and disclose such data only in a non-personally identifiable manner, which does not identify you individually. Access to your account information and any other personally identifiable information is strictly restricted and used only in accordance with specific internal procedures and for the purposes outlined in this Privacy Policy, to operate, develop, or improve our services. We may use third-party service providers to deliver our services and require such third parties to maintain the confidentiality of the information provided to them under our contracts.

We may also share your information, without your prior written consent, with government agencies mandated by law to obtain information for identity verification, prevention, detection, investigation, including cyber incidents, prosecution, and punishment of offenses, or where disclosure is necessary for legal compliance. You agree and consent to the disclosure of your information by the website if required under applicable law.

There are various products/services, such as loans, credit cards, and mutual funds, offered by third parties on the website, such as lenders, banks, and credit card issuers. If you choose to apply for these products or services and disclose information to these providers, their use of your information is governed by their privacy policies in addition to the Privacy Policy of Moneyverss.com. Moneyverss.com is not responsible for their privacy policies. We encourage you to read the privacy notices and procedures adopted by these third parties when you apply for their products or services. Moneyverss.com holds no responsibility for the content of the privacy policies or terms of use of these third-party websites.

If you are investing in our mutual fund product through our mobile app, then you agree to the following disclosure:

“Moneyverss’s use and transfer to any other app of information received from Google APIs will adhere to the Google API Services User Data Policy, including the Limited Use requirements. The Moneyverss app helps in tracking the performance of mutual fund investments that may have been made via multiple channels/platforms over time, which can be cumbersome for consumers. The basic consumer need is to see and monitor all mutual fund investments in one place.

To provide this, with customer consent, the Moneyverss website reads only the Mutual Fund CAS email statement (which includes details of all mutual fund investments) received by the investor/customer every month and provides a comprehensive mutual fund dashboard on a single screen. This not only offers an enhanced consumer experience but also helps them check, track, and compare all active mutual fund investments in one place, enabling informed financial decisions.”

Data Storage

Moneyverss.com stores your personal information exclusively on servers located in India. Customer information is retained to meet servicing requirements, except as stipulated in our agreements with business partners, unless you withdraw your consent. Retention of information is conducted in accordance with this policy and in compliance with applicable laws and regulatory requirements in India.

In certain situations, Moneyverss.com may retain your information for an extended period: (i) if required for investigations under the law or as part of any proceedings before courts, tribunals, forums, or commissions; (ii) to enhance or improve our products and services; and (iii) as required under contractual arrangements with business partners.

Moneyverss.com may retain your credit report and credit score from credit bureaus, including a copy of your consumer credit report and credit score, under the following conditions: (i) for a limited period of six months; (ii) until the credit information is no longer needed for the purpose it was provided; or (iii) until you withdraw your consent to store such consumer credit information. For more details, please refer to the Credit Report Terms of Use.

 

Provisions in Line with RBI’s Digital Lending Guidelines

Moneyverss.com retains customer information used for facilitating digital lending services for a period of eight years to meet servicing requirements. This duration is determined from the most recent instance of the customer accessing Moneyverss services. Please note that Moneyverss.com may need to retain basic identification details to comply with applicable legal and compliance requirements.

Control Over Your Personal Information Collected and Used Online

The information we use about you helps us provide products, services, and experiences that benefit you. You have control over how your non-personal information is collected and used online.

You also have the ability to choose what personal information, including sensitive personal information (such as your financial information), you provide to us and can restrict the disclosure of your information to third parties. However, please note that this may affect your seamless access to the products or services you have opted for. If you choose not to provide all the mandatory information and data requested, we may not be able to provide you with the services you have subscribed to.

We believe you should be able to choose what kinds of information you receive via email/SMS. If you do not want to receive marketing materials by email/SMS, you can indicate your preference in the contact information for your account, use the 'opt-out' or unsubscribe link provided in our marketing emails, or write to us at care@moneyverss.com. Please note that it may take about 10 days to process your request. Keep in mind that we will continue to notify you by email/SMS/phone calls regarding your services with us, even after you have opted out.

You can review the information you have provided to us by logging into your account on the website and correct or amend any personal information or sensitive personal data to ensure it is accurate. Moneyverss.com is not responsible for the authenticity of any personal information or sensitive personal data supplied by you or any third party.

 

Revocation of Consent and Deletion of Data

If you believe that we no longer need to retain your personal information or if you request the deletion or removal of your personal data because you think we do not have the right to process it, we will destroy or delete such customer information. You may withdraw the consent previously given to us to collect and use your sensitive personal data or information at any time by writing to us at info@moneyverss.com. Upon successful verification of your consent withdrawal request, it will be processed within 45 days from the date of receipt, subject to successful verification. However, if you have availed services from Moneyverss, we may not be able to delete your data due to legal requirements for us or our partner banks/NBFCs to retain your data in order to continue providing the services you have availed. We assure you that such retained information will be protected in accordance with all applicable cybersecurity norms.

In the event you withdraw your consent, Moneyverss.com reserves the right to stop providing the services for which the information was collected. Please note that you will not be eligible for a refund of any fees paid for any service in such an event, and you agree that the company shall not be liable to you for the same in any manner whatsoever.

Revocation of Consent and Deletion of Data

If you believe that we no longer need to retain your personal information or if you request the deletion or removal of your personal data because you think we do not have the right to process it, we will destroy or delete such customer information. You may withdraw the consent previously given to us to collect and use your sensitive personal data or information at any time by writing to us at consentrevocation@moneyverss.com. Upon successful verification of your consent withdrawal request, it will be processed within 45 days from the date of receipt, subject to successful verification. However, if you have availed services from Moneyverss, we may not be able to delete your data due to legal requirements for us or our partner banks/NBFCs to retain your data in order to continue providing the services you have availed. We assure you that such retained information will be protected in accordance with all applicable cybersecurity norms.

In the event you withdraw your consent, Moneyverss.com reserves the right to stop providing the services for which the information was collected. Please note that you will not be eligible for a refund of any fees paid for any service in such an event, and you agree that the company shall not be liable to you for the same in any manner whatsoever.

Log Files

Like most standard websites, we use log files. This information may include internet protocol (IP) addresses, browser type, internet service provider (ISP), referring/exit pages, platform type, date/time stamp, and number of clicks to analyze trends, administer the site, track user's movement in the aggregate, and gather broad demographic information for aggregate use. We may combine this automatically collected log information with other information we collect about you. We do this to improve the services we offer to you, such improve marketing, analytics or site functionality.

 

Data Security

Moneyverss is an ISO/IEC 27001:2013-certified organization, ensuring compliance with applicable information security standards. We understand that the confidentiality, integrity, and availability of your information are vital to our business operations and success. We employ appropriate technical and organizational security measures to protect the information we collect from you. Our security measures include multiple electronic, procedural, and physical safeguards to protect against unauthorized or unlawful use, alteration of information, and accidental loss, destruction, or damage to information. We have implemented appropriate security measures to handle any suspected data security breach. However, no method of transmission over the Internet or electronic storage is 100% secure, and we cannot guarantee absolute security.

You are responsible for maintaining the confidentiality and security of your login ID and password and must not provide these credentials to any third party.

In the event of a security breach, all relevant stakeholders, including internal and external partners and statutory authorities, will be informed with the necessary information as required by applicable laws.

 

CHANGES IN PRIVACY POLICY

Please note that this Privacy Policy may change from time to time. The Company reserve its right to change, modify or update this Privacy Policy at any time without notice. The Company shall not reduce your rights under this Policy without your explicit consent and expects most such changes to be minor. Regardless, the Company will post any Policy changes on this page and, if the changes are significant, we will provide a more prominent notice. Each version of this Policy will be identified at the bottom of the page by its effective date. If you have any questions or concerns about this Policy, please feel free to contact us any time at the contact details provided on this Website/ Mobile Application.

NODAL GRIEVANCE REDRESSAL

The User may contact the Company on any aspect of this policy or grievances relating to any digital lending-related complaints by writing to our Nodal Grievance Officer as per the details provided below:

Name: Mr. Bhim Singh Shekhawat

Designation: Nodal Officer

Email ID: info@moneyverss.com

Address: H-458 Office no. -401, 4th Floor Azad Marg , Scheme Jaipur, Rajasthan 302001

MISCELLANEOUS

Users may review their information to ensure that any information provided by them is accurate and complete. Any inaccuracies or deficiencies can be corrected or amended as feasible.

The Company shall not be responsible for the authenticity of the information supplied by the provider of information to the Company or any person acting on behalf of the Company.

The User consents to the Company transferring the information to any other body corporate or person in India, or located in any other country, that ensures the same level of data protection as adhered to by the Company, in accordance with the Information Technology Act, 2000, and its applicable Rules and Regulations.

The Company will retain and use your information as necessary to comply with our legal obligations, resolve disputes, and enforce the agreements entered into for providing the services offered by the Company, as more particularly described in the Terms & Conditions and Terms of Use of the Website/Mobile Application.