Privacy Policy

This privacy policy is for this Website and governs the privacy of all users who choose to use it who will be referred to as “you”, “your”, “yours” or “Users” hereinafter. The term “Navami Financial Services” or the “Company” or “us” or “we” or “our” refers to the owner of the Website providing an online platform for obtaining financial products from third party lending & Investment partners (hereinafter referred to as “Service Providers”) to the Users (“Services”). Protecting the security and privacy of your personal data is of utmost importance to Navami Financial Services which is collected from the User(s) of www.navami.net (hereinafter referred to as the “Website“); therefore, we conduct our business in compliance with applicable laws on data privacy protection and data security. The policy sets out the different areas where User privacy is concerned and outlines the obligations & requirements of the User, the Website and Website owners (“Privacy Policy”). Furthermore the way this Website processes, stores and protects user data and information will also be detailed within this Privacy Policy.

Navami Financial Services is committed to ensuring that your privacy is protected. Should we ask you to provide certain information by which you can be identified when using this Website, then you can be assured that it will only be used in accordance with this Privacy Policy.

Navami Financial Services may change this Privacy Policy from time to time by updating this page. You should check this page from time to time to ensure that you are updated with our changes. When you use the Services, you consent to our collection, use, disclosure and protection of information about you as described in this Privacy Policy.

Data Collection

We collect personal data for the following purposes:

  • Identifying and verifying applicants for Loans & Investments.
  • Assessing creditworthiness.
  • Processing loan applications.
  • Servicing and managing loans.
  • Complying with legal and regulatory requirements.
  • Processing Investment & insurance Processing.

We may collect the following types of personal data, among others:

  • Contact information (name, address, email, phone number).
  • Financial information (income, expenses, credit history).
  • Identification information (government-issued ID, social security number).
  • Employment and income details.
  • Information related to loan transactions.
  • Existing Income & Insurance details
  • Future Personal Goals
  • KYC Documents (as applicable);
  • Permanent account number (“PAN”);
  • Income tax returns for the previous financial year;
  • Bank statements;
  • Balance sheet for the previous financial years;
  • Property or Vehicle Documents (as applicable);
  • Audit report;
  • GST returns;
  • Any other business / individual documents as may be required to assess your eligibility to the financial products being offered by our Service Providers on our Website. (collectively referred to as “Documents”).

DATA FROM THIRD PARTY SOURCES

We may receive information about the User from publicly and commercially available sources, as permitted by law, which we may combine with other information we receive from or about the User. For example, in case of request for a secured loan, we may conduct a search of public records to determine the estimated value of your security and the taxes payable by you in order to automate the loan application process and make things more streamlines and convenient for you.

SHARING OF INFORMATION/ DISCLOSURE

Service Providers and co-signers: We may share your information with Service Providers for the purpose of providing the Service to you such that they may provide you with information about your request for prequalified rates, offers, and information related to other products and services they offer. You agree that when you submit information to a Service Provider or third party through the Service, such submission of your information may also be governed by the Service Provider or third party privacy and security policies which differ from our Privacy Policy.

Data Breach Response

In the event of a data breach, we will notify affected data subjects and relevant authorities as required by law

Policy Updates

We will regularly review and update this policy to stay compliant with data protection regulations. We encourage data subjects to periodically review this policy for any changes.

Contact Information

If you have any questions or concerns about this policy, please contact our Data Protection Officer (Jayan K T) at [jayan@navami.net].