Privacy Policy

Introduction

This Privacy Policy (“Policy”) is issued in accordance with the provisions of the Information Technology Act, 2000 and the Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Rules, 2011 (“IT Rules”).

YASHIK FINLEASE PRIVATE LIMITED, a company incorporated under the Companies Act, 1956, having its registered office at 4th floor , Enkay Centre wing -A, Udyog Vihar Phase -V , Gurgaon Haryana- 122016 (hereinafter referred to as the “Company”, “Yashik”, “we”, “us” or “our”), is a Non-Banking Financial Company (“NBFC”) registered with the Reserve Bank of India (“RBI”).

This Policy describes the manner in which we collect, use, store, process, disclose, and protect your personal and sensitive personal data or information when you access or use our website and/or mobile application (together referred to as the “Platform”).

By accessing or using the Platform and voluntarily providing your information, you consent to the collection and use of such information in accordance with this Policy. If you do not agree with the terms of this Policy, you are advised not to access or use the Platform.

APPLICABILITY

This Policy constitutes a legally binding agreement between the User (“User”, “you” or “your”) and the Company. By using the Platform, you acknowledge that:

  1. You are a natural person who is at least 18 years of age and competent to contract under applicable laws; and
  2. You agree to be bound by the terms of this Policy, together with the Terms & Conditions and any other policies notified by the Company from time to time.

This Policy does not apply to third-party websites, applications, or links accessed through the Platform. The Company is not responsible for the privacy practices of such third parties.

COLLECTION OF INFORMATION

The Company may collect the following categories of personal information and sensitive personal data or information (“SPDI”), including but not limited to:

  • Identity details: Name, date of birth, gender, marital status, PAN, Aadhaar, address, photograph, and other KYC details
  • Contact details: Mobile number, email address, and correspondence address.
  • Financial information: Bank account details, bank statements, income tax returns, salary slips, credit information, and credit bureau reports.
  • Employment details: Current employer, designation, years of experience, and office address.
  • Device information: IP address, device identifiers, operating system, browser type, geolocation data, and SMS metadata (transactional only).
  • Any other information as mandated by RBI regulations or applicable Indian law.

You hereby provide explicit consent for the collection, storage, and processing of the above information by the Company.

USE OF INFORMATION

Your information, including SPDI, may be used for the following purposes:

  1. Verification and authentication of your identity (KYC/eKYC).
  2. Processing of loan applications and provision of financial products and services.
  3. Fraud detection, risk assessment, and prevention of unauthorized use.
  4. Communication regarding services, products, promotions, and updates.
  5. Data analytics for service improvement and compliance monitoring.
  6. Compliance with applicable laws, regulatory directions, or court/government orders.
  7. Any other lawful purpose incidental to the business of the Company.

We shall not sell or rent your personal information to unaffiliated third parties without your prior consent.

DISCLOSURE OF INFORMATION

Subject to applicable law, you consent to the disclosure of your information to:

  • Our group companies, affiliates, and employees.
  • Banks, NBFCs, financial institutions, and credit bureaus.
  • Third-party service providers engaged for KYC, credit checks, fraud detection, data analytics, or IT infrastructure support.
  • Regulatory authorities, law enforcement agencies, or courts, where disclosure is mandated under applicable law.
  • Prospective transferees in case of merger, acquisition, or restructuring of the Company.

Any such third-party recipients shall be bound by confidentiality obligations. However, the Company shall not be liable for any unauthorized disclosure beyond its reasonable control.

STORAGE AND SECURITY

  • All personal information is stored on secure servers located within India, in compliance with RBI guidelines.
  • We employ industry-standard safeguards including firewalls, SSL encryption, and restricted access controls.
  • While we take all reasonable steps to protect your data, you acknowledge that transmission of data over the internet carries inherent risks, and the Company shall not be liable for unauthorized access beyond its reasonable control.

PHISHING

The Company does not solicit sensitive personal or financial information through unsolicited emails, SMS, or calls. Any such communication should be treated as fraudulent, and the Company disclaims responsibility for losses arising from such phishing attempts.

SEVERABILITY

If any provision of this Policy is held invalid or unenforceable under applicable law, the remainder of this Policy shall remain in full force and effect.

GOVERNING LAW AND JURISDICTION

This Policy shall be governed by and construed in accordance with the laws of India. The courts at Haryana have exclusive jurisdiction over any disputes arising under or in connection with this Policy.

CONTACT DETAILS

For queries or concerns regarding this Policy, you may contact:

Email: yfldelhi@gmail.com

Mob: 9773899027

For grievances relating to personal data handling, you may contact our Grievance Officer at the above email ID.