Loans Market – Privacy Policy
At Loans Market, we value your trust and are committed to protecting your privacy. This Privacy Policy outlines how we collect, use, store, and protect your personal and financial information when you use our website and services. By accessing or using Loans Market, you agree to the terms of this policy.
Information We Collect
We collect the following types of information when you use our services:
a. Personal Information
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Full name
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Date of birth
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Gender
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Contact details (phone number, email, address)
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PAN card, Aadhaar number, and other ID proofs
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Income details (salary, business income, etc.)
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Employment information
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Bank account details
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Credit score and history
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Existing loans or liabilities
Device & Technical Information
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IP address
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Browser type
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Device type and operating system
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Cookies and browsing behavior on our site
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Feedback, survey responses, or any other information you provide voluntarily
How We Use Your Information
Your information is used to:
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Process loan and credit card applications
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Share with partner banks/NBFCs for loan approval and verification
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Provide personalized loan offers and recommendations
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Communicate with you regarding application status, support, or promotions
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Comply with legal, regulatory, and compliance requirements
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Improve our platform functionality, user experience, and security
Information Sharing & Disclosure
We do not sell, trade, or rent your personal information to third parties. However, we may share your information under the following circumstances:
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With our partner financial institutions (banks and NBFCs) for processing your loan application
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With trusted third-party service providers who help us operate the website or conduct business (e.g., verification agencies, payment gateways)
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When required by law enforcement, regulatory authorities, or legal processes
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In case of a merger, acquisition, or company restructuring, where user data may be transferred to the new entity
All third parties are obligated to maintain confidentiality and use your data only for the purpose it was shared.
Cookies and Tracking Technologies
We use cookies and similar technologies to:
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Enhance user experience on our website
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Remember your preferences and login sessions
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Analyze user behavior and site traffic
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Display targeted advertisements and offers
You may choose to disable cookies through your browser settings; however, this may affect some functionalities of the site.
Data Security
We implement strict security measures to protect your data:
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Secure Socket Layer (SSL) encryption for data transmission
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Firewalls and anti-virus protections on our servers
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ALimited access to sensitive information within the organization
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Regular audits and compliance checks
Despite our efforts, no digital transmission or storage system is completely secure. We cannot guarantee 100% data security but strive to follow best practices in data protection.
User Rights & Control
As a user, you have the right to:
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Access your personal data we hold
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Request correction or update of inaccurate information
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Withdraw consent or delete your data (subject to legal and contractual obligations)
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Opt-out of marketing communications by clicking the “unsubscribe” link in emails or contacting us directly
Retention of Data
We retain your information for as long as necessary to fulfill the purpose for which it was collected, comply with applicable laws, resolve disputes, and enforce agreements. Once no longer required, your data will be securely deleted or anonymized.
Third-Party Links
Loans Market may contain links to third-party websites. We are not responsible for the privacy practices or content of those sites. We encourage users to read the privacy policies of any external sites they visit.
Children’s Privacy
Our services are not intended for individuals under the age of 18. We do not knowingly collect or solicit information from minors. If we become aware that personal data of a child has been collected, we will take appropriate steps to delete it.
Changes to This Privacy Policy
Loans Market reserves the right to update or modify this policy at any time. Changes will be effective upon posting on our website. Users are advised to review the Privacy Policy periodically. Continued use of our services after changes implies acceptance of the revised policy.
