Policies

About Us

— PRIVACY POLICY —

(Full Content)

1. Introduction

Loan Point values your privacy and is committed to protecting personal data in accordance with the Information Technology Act, 2000 and applicable Indian data protection regulations.

This Privacy Policy explains how Loan Point collects, processes, stores, and protects user data.

2. Information We Collect

A. Personal Information

Name
Mobile number
Email address
Address
PAN/Aadhaar (if required for KYC)
Employment and income details

B. Device Information

IP address
Browser type
Device identifiers
Operating system

C. Cookies & Tracking

Session cookies
Analytics data
Website behavior tracking

D. Message Data

WhatsApp communication logs
RCS message interactions
OTP verification logs

3. Purpose of Data Collection

We collect data to:

Facilitate loan processing
Verify identity
Communicate updates
Improve services
Comply with RBI and regulatory obligations
Prevent fraud

4. Consent for WhatsApp & RCS Data Processing

By providing your mobile number, you:

Explicitly consent to receive communications
Authorize processing of message metadata
Accept communication under Meta Business Policy

Opt-out is available anytime.

5. Legal Basis for Processing

Processing is based on:

User consent
Contractual necessity
Legal compliance
Legitimate business interest

6. How We Use Collected Data

Loan Point uses data for:

Loan facilitation
Customer support
Compliance verification
Analytics
Fraud detection

We do not sell personal data.

7. Data Retention & Deletion

Data is retained:

As long as required for service
As required under law
For audit and compliance

Users may request deletion subject to regulatory obligations.

8. Data Sharing with Third Parties

We may share data with:

Banks & NBFCs
Meta Platforms Inc.
Google (RCS)
Telecom operators
Government authorities (if required)

All sharing complies with legal standards.

9. Security Measures & Encryption

Loan Point implements:

SSL encryption
Secure server infrastructure
Access control policies
OTP verification
Data minimization practices

Despite safeguards, no system is 100% secure.

10. Cookies & Tracking Technologies

Cookies help us:

Improve user experience
Analyze website traffic
Store preferences

Users may disable cookies via browser settings.

11. Data Transfer & Storage (India-based)

Data is primarily stored within India.

Where third-party platforms process data internationally, we ensure compliance with Indian data protection requirements.

12. User Rights

Users have rights to:

Access personal data
Correct inaccuracies
Request deletion
Withdraw consent
Lodge complaints

Requests can be made via email.

13. Policy for Children

Loan Point does not knowingly collect data from individuals under 18.

If discovered, such data will be deleted immediately.

14. Updates to Privacy Policy

We may revise this Policy periodically.

Updated versions will be published on our website.

15. Governing Law (India)

This Privacy Policy is governed by laws of India.

Jurisdiction: Nanded, Maharashtra courts.

16. Contact Information

Loan Point
Shop No. 57, Alibhai Tower
Shivaji Nagar, Nanded
Maharashtra – 431602
Email: Arvindpatil555999@gmail.com
Contact: 9545555999

Learn More

A wooden desk hosts a laptop on the left and a smartphone on the right, which displays an advertisement for a bank with the slogan 'Spend and save smartly'. A wristwatch lies above the phone, its metallic face and band accented by the warm tones of the wood.

A person is using a MacBook Pro laptop displaying a bank's website. The screen shows sections for logging in, credit card offers, and various banking services. The user interface is predominantly white with red accents, and the background consists of a wooden table and seating.