Privacy & Security Policy
WHAT TYPES OF INFORMATION DOES BILLIONLOANS COLLECT FROM ME?
Sensitive Personal Data / Information:
We collect Sensitive Personal Data / Information that you provide to us, such as your name, mailing address, phone number, email address, credit card number, Aadhaar Number, PAN number, TAN number, income tax returns, bank account number, passport details, driving license details, personal statements, reasons for seeking finance, income sources and financial information.
We also collect non-personal information from you, such as your browser type, the URL of the previous website you visited, your ISP, operating system, and your Internet protocol (IP) Address ("Non-Personal Information"). Non-Personal Information cannot be easily used to personally identify you.
HOW AND WHEN DOES BILLIONLOANS COLLECT THIS INFORMATION?
Providing Information to Us:
We collect Sensitive /Personal Data / Information from you when you provide it to us. For example, if you purchase a product or service, or make an application for seeking a grant of loan from a borrower, we may collect your name, mailing address, telephone number, credit card number, PAN number, TAN number, income tax returns, bank account number, passport details, driving license details, personal statements, and reasons for seeking finance, income sources and email address. If you create a Borrower Account, we may collect your name, tax identification number, mailing address, email address, credit card number, PAN number, TAN number, income tax returns, bank account number, passport details, driving license details, personal statements, reasons for seeking finance, income sources and other information that we request during the registration process, and any information that you provide on your BillionLoans. If you sign up to receive a newsletter, we will collect your email address.
Communications with Us:
If you communicate with us regarding the Website or the BillionLoans Services, we will collect any information that you provide to us in any such communication.
Analytic and Reporting Technologies:
Like the operators of most websites, we use analytic and reporting technologies to record Non-Personal Information such as Internet domain and host names, Internet protocol (IP) addresses, browser software, operating system types, clickstream patterns, and the dates and times that the Website and the BillionLoans Services are accessed. We also contract with several online partners to help manage, monitor and optimize our Website and the BillionLoans Services and to help us measure the effectiveness of our advertising, communications and how visitors use the Website. To do this, we may use web beacons and cookies.
HOW DOES BILLIONLOANS USE MY INFORMATION?
We use Personal Information primarily for our own internal purposes, such as providing, maintaining, evaluating, and improving the Website, fulfilling requests for information, and providing customer support. Your personal information shall also be shared with lenders that we partner with. Upon acceptance of these terms and conditions, you hereby grant an unequivocal and absolute consent to share your personal information (but not your Sensitive Personal Data /Information) with third parties. BillionLoans is not required to seek your consent once again in respect of sharing your personal information with third parties. We would further share your information with marketing agencies and other businesses if we in our sole discretion understand that your information may be used to market a product or service. The term Personal Information shall include your name, address, e-mail id and mobile phone number but it shall not include any data in relation to your financial status, income statements, earnings, source of earnings, personal identification numbers, passwords, code numbers, bank account numbers, credit card numbers, expiry dates relationship numbers, CVV numbers, encryptions, cookies and other such electronic details.
We use Non-Personal Information to track the use of the Website and the BillionLoans Services and for other internal purposes, such as providing, maintaining, evaluating, and improving the BillionLoans Services and the Website.
WHEN WILL BILLIONLOANS DISCLOSE MY INFORMATION TO THIRD PARTIES?
Disclosure to Successors:
We may disclose your Personal Information to any successor-in-interest of ours, such as a company that acquires us. In the event BillionLoans goes through a business transition, such as a merger or acquisition by or with another company, or sale of all or a portion of our assets, your Personal Information will likely be among the assets transferred. You will be notified via email or by a notice on our Website of any such change in ownership or control of your Personal Information.
Disclosure to Unaffiliated Third Parties:
We shall keep your personal information and Sensitive Personal Data / Information private and confidential. We may disclose your Personal Information and/or Sensitive Personal Data / Information to prevent an emergency, to respond to legal requirements, to protect or enforce our rights and policies, to protect or enforce the rights of a third party, or as required or permitted by law (including, without limitation, to comply with a summon or court order).
Disclosure to Third Party Service Providers and Online Partners:
We may contract with various third parties who help us provide, maintain and improve the Website and the BillionLoans Services. For example, we use a third party to process payments made to us, and may subcontract out production, fulfillment, analytics, reporting or other operations. We also contract with several online partners to help manage, monitor and optimize our Website and the BillionLoans Services and to help us measure the effectiveness of our advertising, communications and how visitors use the Website. We will use commercially reasonable efforts to prevent such third parties from disclosing your Personal Information, except for the purpose of providing the services in question. We cannot guarantee that such third parties will not disclose your Personal Information. In no circumstances, BillionLoans shall disclose data in relation to your financial status, income statements, earnings, source of earnings, personal identification numbers, passwords, code numbers, bank account numbers, credit card numbers, expiry dates relationship numbers, CVV numbers, encryptions, cookies and other such electronic details.
Disclosure of Non-Personal Information:
We will disclose Non-Personal Information, in aggregate form, to potential strategic partners, advertisers, investors, customers, and others. You may not opt-out of the sharing of this information. However, it cannot be easily used to identify you personally.
We may use third party service providers to serve ads on our behalf across the Internet and sometimes on the Website. They may collect anonymous information about your visits to our Website, and your interaction with our products and services. They may also use information about your visits to this and other websites to target advertisements for goods and services. This anonymous information is collected through the use of a web beacon, which is industry standard technology used by most major websites.
Disclosure to Credit Bureaus, Credit Rating Agencies & Reserve Bank of India:
To make an improvement in its business BillionLoans may share the personal information of a user with Credit Rating Agencies and the information shall be shared with Credit Rating Agencies in the event Reserve Bank of India issues guidelines or direction in this regard. Further, borrower and loan information will be shared with CIBIL and other authorized credit bureaus.
WHAT ABOUT COOKIES AND WEB BEACONS?
DOES BILLIONLOANS PROTECT MY PERSONAL INFORMATION?
Whenever we obtain your Personal Information, we use commercially reasonable efforts to protect it from unauthorized access or disclosure. However, we are not insurers of the security of your Personal Information. Accordingly, we assume no liability for any disclosure of data due to errors in transmission, unauthorized third party access or other acts of third parties, or acts or omissions beyond our reasonable control.
The content that you store, post, or transmit on or through the Website, such as message board postings, storefront pages, and images on your Products, may be accessed by other users, including people that you do not know. We are not responsible for the actions of others. Therefore, you should use care in communicating with other users and only disclose your Personal Information to other users that you know to be trustworthy. You should not assume that your content will be kept private.
HOW CAN I REVIEW AND MAKE CHANGES TO MY PERSONAL INFORMATION?
You can obtain a copy of and request that we correct errors in your Personal Information by emailing us email@example.com. You may mark the mail to the Grievance Officer. For your protection, you will be required to provide proof of your identity to obtain a copy of your Personal Information. If your Personal Information changes or if you no longer want to use the BillionLoans Services, you may correct, update or deactivate your Personal Information and/or your account through the account management screen.
The security of your Personal Information is important to us. When you enter sensitive information such as a credit card number on our registration or order forms, we encrypt that information using secure socket layer technology (SSL). We follow generally accepted industry standards to protect the Personal Information submitted to us, both during transmission and once we receive it. However, no method of transmission over the Internet, or method of electronic storage, is 100% secure. Therefore, while we strive to use commercially acceptable means to protect your Personal Information, we cannot guarantee its absolute security.
Given that the Internet is a global environment, using the Internet to collect and process Personal Information necessarily involves the transmission of data on an international basis. By providing BillionLoans with your Personal Information you acknowledge and agree that we may store your Personal Information and transfer it to and from our servers located in the. We endeavor to protect all Personal Information collected through the Website in a safe, confidential and secure manner.
WHAT ABOUT CHILDREN'S PRIVACY?
The BillionLoans Services are intended for users ages 21 and older only. Accordingly, we will not knowingly collect or use any Personal Information from individuals that we know to be under the age of 21. In addition, we will delete any information in our database that we know originates from an Individual under the age of 21.
CAN I OPT-OUT FROM RECEIVING COMMUNICATIONS FROM BILLIONLOANS?
We provide you the opportunity to opt-out of having your Personal Information used for certain purposes. For example, if you purchase a product/service but do not wish to receive any additional marketing material from us, you can indicate your preference on our order form. If you no longer wish to receive our newsletters and promotional communications, you may opt-out of receiving them by following the instructions included in each newsletter or communication or by emailing us at firstname.lastname@example.org. We also offer you an opportunity to opt-out of certain communications through the account management screen. If you need assistance you may contact us at email@example.com.