Privacy Policy

1. Introduction

Aavas Financiers Limited ("Aavas") is committed to your online privacy and have set up process and procedures for appropriate protection and management of any personally identifiable information you share with us. This Privacy Notice ("Notice") describes how Aavas collects, uses, discloses and transfers personal information of users through this website www.aavas.in, mobile applications which includes but not limited to Nirman app, Loan app, Mitra app, Technical Valuation app, Omnifin app, Risk Management app or its extensions or availing the products and services vide the online application form or other such platforms (collectively referred to as "platform").

This Notice applies to those who visit this platform (hereinafter referred to as "Users"). For the purpose of this notice, "You" or "Your" shall mean the individual accessing the platform, and "We", "Our" or "Us" shall mean Aavas.

The purpose of the website/mobile applications is provide information about but not limited to housing loans, MSME business loans, recruitment, Employee Engagement etc.

2. Type of Personal Information Collected by Aavas

"Personal information" (PI) - means any information relating to an identified or identifiable natural person including common identifiers such as a name, an identification number, location data, location tracking an online identifier or one or more factors specific to the physical, physiological, genetic, mental, economic, cultural or social identity of that natural person and any other information that is so categorized by applicable laws.

We may use the IP address, device details and track location from which you interacts with our digital property like a website or mobile app including but not limited to Nirman app, Loan app, Mitra app, Technical Valuation app, Omnifin app, Risk Management app and analyze this data for trends and statistics independently or as per our agreement with our third-party service providers. The data provided by you shall be retained by us till the time it may be required for providing our services or any other additional products/services of us and our affiliates.

a. Information provided by you

The following information is provided by you through the website/ App:

This also includes uploading digital copies relating to the above data fields (ex. Copy of Aadhar Card, PAN, Bank Account details, etc.).

By providing the above information through this web interface, you also hereby accord consent, to such data being voluntarily provided by you, in pursuit of careers through Aavas, and such data is required for processing only to the extent that is necessary, as part of recruitment and related activities with respect to employment.

By providing the above information through this web interface, you also hereby accord consent, to such data being voluntarily provided by you, in pursuit of careers through Aavas, and such data is required for processing only to the extent that is necessary, as part of recruitment and related activities with respect to employment.

Provided that, any information that is freely available or accessible in public domain or furnished under the Right to Information Act, 2005 or any other law for the time being in force shall not be regarded as personal data or information for these purposes.

b. Information that we collect

When you visit the Platform, we use cookies to automatically collect, store and use technical information about your system and interaction with our Platform. When you use a device to access the Platform, we may collect technical or other related information from the device as well as the device location.

To the extent permitted by law, we may record and monitor your communications with us to ensure compliance with our legal and regulatory requirements and our internal policies.

If you choose to sign in with your social media account to access the Platform, or otherwise connect your social media account with the services of the Platform, you consent to our collection, storage, and use, in accordance with this Privacy Policy, of the information that you make available to us through the social media interface. Please see your social media provider's privacy policy and help centre for more information about how they share information when you choose to connect your account.

3. How we may use the Information

The information so collected, would be used to the extent required by us for providing our services, and internal processes, in a fair and reasonable manner. This includes but not limited to the following activities:

Our use of or processing of your personal data depends on the nature of service and your interactions with us.
Aavas processes the information based on your consent, in order to process your Personal Information in certain situations.

4. Sharing of Information

We restrict access to the "Users" personal information to our employees based on their roles, to fulfil their job responsibilities with respect to recruitment process. We do not disclose, transfer or share your information with others, except with third parties including but not limited: Background verification agencies, regulatory authorities, Valuers, Advocates, Insurers, Web Service Providers, Webserver administrator, SAS Vendors, etc. This includes third parties from enforcement, regulatory and judicial authorities, to the extent required under law or for judicial / legal proceedings of the past, present or futuristic.

We take reasonable measures and procedures to ensure that the third-parties we share your information to are obligated to protect your Personal Information and are also subject to appropriate confidentiality / non-disclosure obligations.

5. Redirection/Third Party Sites

This platform contains pointers, re-direction links, to third-party sites relating to payment gateway.

We do not intent to include advertisement or links to other sites, other than those pointers/sites mentioned above. However, it is possible that the platform might sometimes contains links to other sites that are not governed by this Privacy Notice.

We recommend that you review the privacy notice or related statements of such third-parties. We do not make any representation or warranties regarding how your information is stored or used on third-party platforms or servers.

6. Use of Cookies

Our platform use cookies and tracking technologies to reduce loading time, collect information for analyzing, preferences, etc.

A "cookie" is a small text file that may be used, for example, to collect information about platform activity. Some cookies and other technologies may serve to recall Personal Information previously indicated by a user. Most browsers allow you to control cookies, including whether or not to accept them and how to remove them. You may set most browsers to notify you if you receive a cookie, or you may choose to block cookies with your browser. HTTP cookies, Web content cookies, advertisement, session cookies, flash cookies, permanent cookies etc.

Tracking technologies may record information such as Internet domain and host names, Internet protocol (IP) addresses, browser details and operating system types, clickstream patterns, dates and times that our platform is accessed. Our use of cookies and other tracking technologies allows us to improve our platform.

7. Security of Data Collected

The data provided by you shall be processed and retained by Aavas in a confidential manner and utilised only for specific and lawful purposes consented to. Through our processes and procedures, we take reasonable measures, to ensure that the data collected is secure.

By accepting the terms of this Privacy Notice, you agree that the standards and processes being implemented by us, are reasonable and sufficient for the protection of your Personal Information.

8. Confidentiality of data collected

The personal information collected is securely stored, with encryption enabled for sensitive fields, with access restricted to the same. The data in transit is encrypted using the encryption methods SHA 256.

At present the transfer/sharing of information with third parties is restricted to the extent mentioned in Para 4 & Para 5 above. However, future updates/upgrades to the platform could use some third party API and exchange user behavior data.

By accepting the terms of this Privacy Notice, you agree that the standards and processes being implemented by us, are reasonable and sufficient for the protection of your Personal Information.

9. Storage of Personal Data

Information collected from you will be stored only on servers located within the geographical territory of India.

10. Retention of Personal Information

We will not retain the information collected any longer than it is necessary for the purposes for which the Personal Information is processed and/or in accordance with legal, regulatory, contractual or statutory obligations as applicable. Our general retention period shall be a minimum of 5 years. Aavas shall delete or archive the personal data at the end of period.

These may include retention periods mandated by legal, contractual, or similar obligations; for resolving, preserving, enforcing or defending our legal and contractual rights; needed to maintain adequate and accurate business and financial records or how you access, update, or delete your data etc.

15. Privacy Policy related to Software Development Kit Integration ( Neenv and Customer App)

This Privacy Policy describes Our policies and procedures on the collection, use and disclosure of Your information when You use the Service and tells You about Your privacy rights and how the law protects You.


We use Your Personal data to provide and improve the Service. By using the Service, You agree to the collection and use of information in accordance with this Privacy Policy


15.1 Interpretation and Definitions

Interpretation

The words of which the initial letter is capitalized have meanings defined under the following conditions. The following definitions shall have the same meaning regardless of whether they appear in singular or in plural.

Definitions

For the purposes of this Privacy Policy:

15.2 Collecting and Using Your Personal Data

Types of Data Collected

Personal Data

While using Our Service, We may ask You to provide Us with certain personally identifiable information that can be used to contact or

identify You. Personally identifiable information may include, but is not limited to:


Usage Data

Usage Data is collected automatically when using the Service.

Usage Data may include information such as Your Device's Internet.

Protocol address (e.g. IP address), browser type, browser version, the pages of our Service that You visit, the time and date of Your visit, the time spent on those pages, unique device identifiers and other diagnostic data.

When You access the Service by or through a mobile device, We may collect certain information automatically, including, but not limited to, the type of mobile device You use, Your mobile device unique ID, the IP address of Your mobile device, Your mobile operating system, the type of mobile Internet browser You use, unique device identifiers and other diagnostic data.

We may also collect information that Your browser sends whenever You visit our Service or when You access the Service by or through a mobile device.


Information Collected while Using the Application

While using Our Application, in order to provide features of Our Application, We may access, with Your prior permission:

We use this information to provide features of Our Service, to improve and customize Our Service. The information may be uploaded to the Company's servers and/or a Service Provider's server or it may be simply stored on Your device.

You can enable or disable access to this information at any time, through Your Device settings.

15.3 Use of Your Personal Data

The Company may use Personal Data for the following purposes:

those that you have already viewed unless You have opted not to receive such information.

improve our Service, products, services, marketing and your experience.

We may share Your personal information in the following situations:

15.4 Retention of Your Personal Data

The Company will retain Your Personal Data only for as long as is necessary for the purposes set out in this Privacy Policy. We will retain and use Your Personal Data to the extent necessary to comply with our legal obligations (for example, if we are required to retain your data to comply with applicable laws), resolve disputes, and enforce our legal agreements and policies.

The Company will also retain Usage Data for internal analysis purposes. Usage Data is generally retained for a shorter period of time, except when this data is used to strengthen the security or to

improve the functionality of Our Service, or We are legally obligated to retain this data for longer time periods.

15.5 Transfer of Your Personal Data

Your information, including Personal Data, is processed at the

Company's operating offices and in any other places where the parties involved in the processing are located. It means that this information may be transferred to — and maintained on — computers located outside of Your state, province, country or other governmental

jurisdiction where the data protection laws may differ than those from Your jurisdiction.

Your consent to this Privacy Policy followed by Your submission of such information represents Your agreement to that transfer.

The Company will take all steps reasonably necessary to ensure that Your data is treated securely and in accordance with this Privacy

Policy and no transfer of Your Personal Data will take place to an organization or a country unless there are adequate controls in place including the security of Your data and other personal information.

15.6 Disclosure of Your Personal Data

Business Transactions

If the Company is involved in a merger, acquisition or asset sale, Your Personal Data may be transferred. We will provide notice before Your Personal Data is transferred and becomes subject to a different

Privacy Policy.

Law enforcement

Under certain circumstances, the Company may be required to disclose Your Personal Data if required to do so by law or in response to valid requests by public authorities (e.g. a court or a government agency).

Other legal requirements

The Company may disclose Your Personal Data in the good faith belief that such action is necessary to:

15.7 Security of Your Personal Data

The security of Your Personal Data is important to Us, but remember that no method of transmission over the Internet, or method of electronic storage is 100% secure. While We strive to use commercially acceptable means to protect Your Personal Data, We cannot guarantee its absolute security.

15.8 Children's Privacy

Our Service does not address anyone under the age of 13. We do not knowingly collect personally identifiable information from anyone under the age of 13. If You are a parent or guardian and You are aware that Your child has provided Us with Personal Data, please contact Us. If We become aware that We have collected Personal

Data from anyone under the age of 13 without verification of parental consent, We take steps to remove that information from Our servers.

If We need to rely on consent as a legal basis for processing Your

information and Your country requires consent from a parent, We may require Your parent's consent before We collect and use that

information.

15.9 Links to Other Websites

Our Service may contain links to other websites that are not operated by Us. If You click on a third party link, You will be directed to that third party's site. We strongly advise You to review the Privacy Policy of every site You visit

We have no control over and assume no responsibility for the content, privacy policies or practices of any third party sites or services.

15.10 Changes to this Privacy Policy

We may update Our Privacy Policy from time to time. We will notify you of any changes by posting the new Privacy Policy on this page.

We will let you know via email and/or a prominent notice on our

Service, prior to the change becoming effective and update the "Last updated" date at the top of this Privacy Policy.

You are advised to review this Privacy Policy periodically for any changes. Changes to this Privacy Policy are effective when they are posted on this page.

15.11 Contact Us

If you have any questions about this Privacy Policy, You can contact us by visiting this page on our website: https://www.sharpsell.ai/contact

11. Update to Notice

Aavas reserves the right to update, change or modify this Privacy Notice at any time. The Privacy Notice shall come to effect from the date of publication of such update, change or modification.

12. Consent and Acceptance of this Privacy Notice

We collect and process your Personal Information, based on the following legal grounds:

a. Consent:
Aavas relies on your consent in order to process your Personal Information in certain situations.

By accepting the terms of this Privacy Notice, and providing the information through this platform, you also hereby accord consent, to such data being voluntarily provided by you, in pursuit of loans, borrowing, or careers through Aavas, and such data is required for processing only to the extent that is necessary, as part of loan processing, restructuring, collection, recruitment and other related activities.

If we require your consent to collect and process certain Personal Information, as per the requirements under the applicable data protection laws, your consent sought through acceptance of this Privacy Notice is used for the said purposes.

b. Grounds For Processing Of Personal Data Without Consent
The personal data may be processed without consent if such processing is necessary,

13. Governing Law and Jurisdiction

Aavas seeks to ensure compliance with the requirements of the Information Technology Act, 2000 and Rules made there under to ensure the protection and preservation of your privacy.

If any of the parties wish to seek legal recourse, they may do so by using the courts of law in Jaipur, Rajasthan.

14. Disclaimer

Aavas shall not be liable for any loss or damage sustained by Users as a result of any disclosure (inadvertent or otherwise) of any information concerning the User. Aavas is liable only for information that is sought by us during registration, application for job, etc. We are not responsible for any information that you share with us, which is not requested by us.

If you have any questions regarding this Privacy Notice or the protection of your Personal Information, please contact the Grievance Officer as mentioned in Para 15 below.

15. Grievance Officer

In case you have any complaints and/or grievances in relation to the processing of your Personal Information you can send your complaints via e-mail to our grievance officer.

https://www.aavas.in/resource/grievance-redressal-policy