LoanLava is an instant loan application developed by INTLOW LEASING AND FINANCE PRIVATE LIMITED. We understand the importance of your privacy and are committed to protecting your personal information. This Privacy Policy outlines how we collect, use, and disclose your data when you use the LoanLava app. By accessing and using LoanLava, you agree to the terms of this Privacy Policy.
LoanLava offers quick and convenient loan services to eligible users, allowing you to apply for loans directly through the app. INTLOW LEASING AND FINANCE PRIVATE LIMITED, a registered Non-Banking Financial Company (NBFC) with the Reserve Bank of India (RBI), is the authorized provider of these loan services. Our Corporate Identification Number (CIN) is U65922WB1996PTC137641, and our registered office is located at 66A/2 Kankulia Road, DLAT D Ground Floor, Kolkata, West Bengal, India - 700029.
INTLOW LEASING AND FINANCE PRIVATE LIMITED is responsible for the collection, processing, and protection of your personal data in compliance with Indian law. By using LoanLava, you authorize us to collect, use, and disclose your personal information as described in this Privacy Policy. This may include, but is not limited to, your name, contact details, financial information, and any other data required to process your loan application.
Basic Details: This includes the user’s educational level, marital status, family income and expenses.
Identification: Includes your PAN number, Aadhaar number, facial recognition and other government-issued identification.
Financial Information: We collect information about your primary bank, bank statements, monthly income, occupation, and employment status.
Contact Information: contact details (contact’s relationship, name and phone number)
Employment Details: This includes your job duration, income details, pay dates, and monthly salary.
Credit Information: We obtain data from Credit Information Companies (CIC) to evaluate your creditworthiness.
Documents: We use documents like your PAN card, Aadhaar, and biometric data (such as facial recognition) for identity verification.
Relationships: This includes the names and phone numbers of your contacts.
Account Details: We collect your usernames, passwords, and preference settings.
Transaction History: We maintain records of your transactions on the platform.
Additional Information: We collect any other information required by the Reserve Bank of India or other relevant Indian laws.
Platform Usage: We track your interactions with the app, including pages viewed, navigation patterns, and engagement metrics, to deliver, personalize, maintain, and enhance our services.
Your personal information will be used primarily to assess your loan eligibility, process your loan applications, and manage your account. We may also use your data to communicate with you, improve our services, and comply with legal obligations. INTLOW LEASING AND FINANCE PRIVATE LIMITED may share your information with third-party service providers, regulatory authorities, or other entities as required by law or for the purposes of fraud prevention, identity verification, and credit evaluation.
We work with third-party service providers to help run the App, process loan applications, perform credit checks, analyze data, and provide other services. Your information is used to verify your identity for KYC purposes, help with credit profiling, understand how you use the platform, fix technical issues, and keep your account secure.
We send you updates and notifications about the products or services you've requested, respond to your questions and applications, and manage our relationship with you. This also includes letting you know about other products or services that might interest you.
We analyze data to improve our services, comply with legal requirements, and help you access financial services from us as your lender. Your information is stored and used for the necessary time to provide services, meet legal obligations, resolve disputes, and enforce agreements.
We take the security of your personal information seriously and employ appropriate technical and organizational measures to protect your data against unauthorized access, alteration, disclosure, or destruction. However, please note that no method of transmission over the internet or electronic storage is entirely secure, and we cannot guarantee absolute security.
As a user of LoanLava, you have the right to access, correct, or request the deletion of your personal information, subject to applicable laws. You may also withdraw your consent for the processing of your data at any time; however, this may impact your ability to use certain features of the LoanLava app.
INTLOW LEASING AND FINANCE PRIVATE LIMITED reserves the right to update or modify this Privacy Policy at any time. Any changes will be communicated to you through the app or other appropriate channels. Your continued use of LoanLava after such modifications indicates your acceptance of the revised Privacy Policy.
If you have any questions or concerns regarding this Privacy Policy or the handling of your personal information, please contact us at contact@intlowleasingandfinance.com.