Privacy Policy

At My Bank Loan ("mybankloan.in", "we", "us", or "our"), safeguarding the privacy and confidentiality of our clients, borrowers, and channel partners is of paramount importance. This Privacy Policy sets out how we collect, use, store, and disclose personal and financial information when you access our website or use our loan assistance and direct selling associate (DSA) advisory services.

1. Information We Collect

In order to evaluate your loan eligibility across our partner financial institutions, we may collect the following personal and financial information:

• Contact Information: Full name, phone number, email address, residential and business address.
• Financial Profile: Monthly salary, income tax returns (ITR), audited balance sheets, bank account statements, business turnover, existing loan obligations.
• KYC Documents: PAN Card, Aadhaar Card, Passport, Voter ID, Voter ID, and property ownership title documents (for LAP/Home loans).
• Digital Identifiers: IP address, device type, browser details, and cookies used for analytics and fraud detection.

2. Purpose of Data Collection

Your data is used strictly for legitimate financial consultancy purposes:

• Assessing loan eligibility across our network of 50+ banks and NBFCs.
• Sharing information with authorized banking officers for credit underwriting upon your consent.
• Communicating sanction letters, interest rate updates, and documentation requirements.
• Complying with regulatory obligations under Reserve Bank of India (RBI) directives and the Information Technology Act, 2000.

3. Information Sharing & Third Parties

We do not sell, rent, or trade your personal data to unauthorized third-party marketing companies. Information is shared strictly with:

• Empaneled partner banks, NBFCs, and housing finance companies to process your formal loan application.
• Legal advocates, certified chartered engineers, and title searchers assigned by lenders for property valuation and legal clearance.
• Regulatory or judicial authorities when mandated by applicable law.

4. Data Security

We implement enterprise-grade technical and physical safeguards, including 256-bit SSL encryption, restricted database access, and secure data storage protocols to shield your financial information from unauthorized access, alteration, or disclosure.

5. Contact Our Data Grievance Officer

If you have any questions, feedback, or requests regarding the handling of your personal data, please reach out to:

Grievance Officer: My Bank Loan Financial Advisory
Address: 795/1- A, Madhopuri - I, Gow Shala Road, Ludhiana, Punjab - 141008
Email: [email protected] · Phone: +91 84278 48484