Privacy Policy

Effective Date: January 15, 2024
Last Updated: September 1, 2024
Version: 3.1

Introduction

Asia Capital Limited (“we,” “our,” or “us”) is committed to protecting your privacy and ensuring the security of your personal information. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our services or visit our website.

Information We Collect

Personal Information

• Full name and contact details
• Identity proof documents (PAN, Aadhaar, etc.)
• Bank account information
• Financial information and credit history
• Employment and income details
• Investment preferences and risk profile

Technical Information

• IP address and browser information
• Website usage patterns and analytics
• Device information and location data
• Cookies and tracking technologies

How We Use Your Information

We use your personal information for:

1. Service Provision

   • Processing loan applications and investments
   • Account management and customer service
   • Risk assessment and credit evaluation

2. Legal Compliance

   • KYC (Know Your Customer) requirements
   • Anti-money laundering (AML) checks
   • Regulatory reporting obligations

3. Business Operations

   • Product development and improvement
   • Marketing communications (with consent)
   • Fraud prevention and security

Information Sharing

We may share your information with:

• Regulatory Bodies: RBI, SEBI, and other government agencies as required by law
• Credit Bureaus: For credit assessment and reporting
• Service Providers: Third-party vendors who assist in our operations
• Legal Authorities: When required by court orders or legal processes

Data Security

We implement robust security measures including:

• Encryption of sensitive data in transit and at rest
• Multi-factor authentication for account access
• Regular security audits and vulnerability assessments
• Employee training on data protection protocols

Your Rights

Under applicable data protection laws, you have the right to:

• Access your personal information
• Correct inaccurate or incomplete data
• Request deletion of your data (subject to legal requirements)
• Object to processing of your information
• Data portability where applicable

Cookies Policy

Our website uses cookies to:

• Enhance user experience and website functionality
• Analyze website traffic and usage patterns
• Provide personalized content and advertisements
• Remember your preferences and login status

You can manage cookie preferences through your browser settings.

Data Retention

We retain your personal information for:

• Active accounts: Duration of our business relationship
• Closed accounts: As required by applicable laws (typically 8-10 years)
• Marketing data: Until you opt-out or withdraw consent

International Transfers

If we transfer your data outside India, we ensure appropriate safeguards through:

• Adequacy decisions by relevant authorities
• Standard contractual clauses
• Binding corporate rules
• Certification schemes

Children’s Privacy

Our services are not intended for individuals under 18 years of age. We do not knowingly collect personal information from children.

Updates to This Policy

We may update this Privacy Policy periodically. Material changes will be communicated through:

• Email notifications to registered users
• Prominent notices on our website
• Updates in your account dashboard

Contact Us

For privacy-related inquiries or to exercise your rights, contact us:

Asia Capital Limited
Privacy Officer
Email: privacy@asiacapital.in
Phone: +91-22-4711-8300
Address: Unit No. 8, 2nd Floor, Building No. 3, Kalpataru Synergy, Plot No. 7, Sector-30A, Vashi, Navi Mumbai - 400705

Grievance Redressal

If you have concerns about our privacy practices, you can raise a complaint with our Grievance Officer or approach the relevant data protection authority.

This policy is governed by Indian law and complies with applicable data protection regulations including the Information Technology Act, 2000, and RBI guidelines.