The Legacy Loans

Legacy Loans

Privacy Policy

Legacy Loans prioritizes your privacy and is dedicated to safeguarding your personal information. This Privacy Policy explains what data we gather, how we utilize it, and your rights concerning your personal information.

Privacy Policy

Legacy Loans prioritizes your privacy and is dedicated to safeguarding your personal information. This Privacy Policy explains what data we gather, how we utilize it, and your rights concerning your personal information.

1. Information We Collect

When your SME utilizes our website or mobile application, we may collect the following types of data:

– Business Information:
 This encompasses your business name, registration particulars, GSTIN, details of the contact person (name, mobile number, email), business address, nature of the business, turnover, and banking information.

– Usage Data:
Information regarding your interactions with our platform, including IP address, device specifics, and transaction history.

– Permissions (With Your Consent):
Access to SMS for financial verification, camera for business KYC verification, microphone for video KYC, and location for security and compliance purposes.

2. Purpose of Collecting Your Information

Your information is used for the following purposes:

  1. To verify your business identity and evaluate loan eligibility.

  2. To streamline loan applications and manage transactions with lending partners.

  3. To maintain security, combat fraud, and adhere to regulatory standards.

  4. To provide updates and communicate crucial information regarding your loan applications.

  5. To enhance our platform and improve the user experience for SME clients.

3. Information Sharing Practices

We do not sell your business information. However, we may share your data with:

I. Lending Partners
Banks and NBFCs that offer financing solutions for SMEs.

II. Regulatory Authorities
To fulfill legal and regulatory requirements.

III. Service Providers
Third-party vendors that help us operate our platform, including business KYC verification and payment processing.

4. Data Security Measures

We implement industry-standard security protocols to protect your business data. However, it is essential that you keep your account credentials confidential.

5. Your Rights

As an SME, you are entitled to:

– Access and review your business data.
– Request corrections or deletions of information where applicable.
– Withdraw consent for specific data collection in compliance with legal and contractual obligations.

6. Policy Updates

This Privacy Policy may be revised periodically. Any updates will be communicated through our platform.

7. Contact Information

For queries related to privacy, please reach out to us at Contact Us.

By utilizing Legacy Loans for your SME financial needs, you agree to the terms specified in this Privacy Policy.