Privacy Policy & Disclaimer

Loanbaba.com (‘Site’) recognizes the importance of maintaining your privacy. Loanbaba.com is committed to maintaining the confidentiality, integrity and security of all information of our users. This Privacy Policy describes how Loanbaba.com collects and handles certain information it may collect and/or receive from you via the use of this Site. Please see below for details on what type of information we may collect from you, how that information is used in connection with the Services offered through our Site and other shared with our business partners. This Privacy Policy applies to current and former visitors to our Site and to our online customers. By visiting and/or using our Site, you agree to this Privacy Policy. This Privacy Policy does not apply when you access third party websites. We cannot control how third parties may use personal information you disclose to them, so you should carefully review the privacy policy of any third party website you visit before using it or disclosing your personal information to its provider.

Authorisation for Contact

The Loanbaba.com P2P Services are intended for users ages 25 and older only. By using the Loanbaba.com and/or registering yourself at www.loanbaba.com you authorise Loanbaba.com (including its representatives, affiliates, and business partners):

To contact you via email or phone call or SMS

Offer you Services for the product you have opted for

Provide product knowledge

Offer promotional offers running on Loanbaba.com and offers by its business partners and associated third parties.

For the above mentioned reasons your information may be collected in the manner as detailed under this Policy. You, hereby, agree that you authorise Loanbaba.com to contact you for the above mentioned purposes even if you have registered yourself under DND or DNC or NCPR service(s). Your authorization, in this regard, shall be valid as long as your account is not deactivated, either by you or us.

This policy does not apply to the practices of companies that loanbaba.com does not own or control or to people that Loanbaba.com does not employ or manage.

Retainers of Personal Information

Your personal data will be stored and collected by Loanbaba.com along with its parent company Sahas Technologies Private Limited which wholly owns Loanbaba.com.

Type of Information Collected

We collect Sensible Personal Data / Information that you provide to us, such as your name, mailing address, phone number, 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 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. To alter/rectify any personal information provided to us, you can email us at customersupport@loanbaba.com, giving valid reason and verifiable proof.

When is the Data Collected 

Loanbaba.com collects your information when you register for an account, when you use its products or Services, visit its Site pages, and when you enter promotions or sweepstakes as featured on the Site. When you register with Loanbaba.com, you are asked for your first name, last name, state and city of residence, email address, date of birth, and sex. Once you register at the Site and sign in you are not anonymous to us.

Also, you are asked for your contact number during registration and may be sent SMS notifications about our Services to your wireless device. Hence, by registering you authorise Loanbaba.com to send texts and email alerts to you with your login details and any other Service requirements, including promotional mails and SMSs.

Purpose of Data Collection:

To respond to queries or requests submitted by you

To process orders or applications submitted by you

To administer or otherwise carry out our obligations in relation to any agreement with our business partners

To anticipate and resolve problems with any Services supplied to you

To send you information about special promotions or offers. We might also tell you about new features or products. These might be our own offers or products, or third-party offers or products with which Loanbaba.com has a tie-up

To improve the Site and Services offered by Loanbaba.com. We may combine information we get from you with information about you we get from third parties

To send you notice, communications, offer alerts relevant to your use of the Services offered on this Site

As otherwise provided in this Privacy Policy.

Some features of this Site or our Services will require you to furnish your personally identifiable information as provided by you under Your Account section on our Site.

Confidentiality, Information Sharing and Disclosure

Loanbaba.com will not sell or rent your information to anyone other than as set forth in this Privacy Policy. Notwithstanding the foregoing, we may share your information to an affiliate and/or business partner. Loanbaba.com may also share, sell, and/or transfer your personally identifiable information to any successor-in-interest as a result of a sale of any part of Loanbaba.com's business or upon the merger, reorganization, or consolidation of Loanbaba.com with another entity on a basis that loanbaba.com is not the surviving entity.

We limit the collection and use of your personal information. We may make anonymous or aggregate personal information and disclose such data only in a non-personally identifiable manner. Such information does not identify you individually. Access to your Account information and any other personally identifiable information is strictly restricted and used only in accordance with specific internal procedures, in order to operate, develop or improve our Services. We may use third party service providers to provide you with our Services and we ensure such third parties to maintain the confidentiality of the information we provide to them under our contracts with them.

Law and Data Protection

We may also share your information, without obtaining your prior written consent, with government agencies mandated under the law to obtain information for the purpose of verification of identity, or for prevention, detection, investigation including cyber incidents, prosecution, and punishment of offences, or where disclosure is necessary for compliance of a legal obligation. Any Information may be required to be disclosed to any third party by us by an order under the law for the time being in force.

We may, also, disclose your Personal Information to any successor-in-interest of ours, such as a company that acquires us. In the event Loanbaba.com 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.

We may contract with various third parties who help us provide, maintain and improve the Website and Loanbaba.com Services. For example, we use a third party to process payments made to us, and may subcontract out production, fulfilment, analytics, reporting or other operations. We also contract with several online partners to help manage, monitor and optimize our Website and Loanbaba.com 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, Loanbaba.com 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.

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.

To make an improvement in its business loanbaba.com may share the personal information of a user with a 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.

Cookies

A cookie is a piece of data stored on the user's computer tied to information about the user. We may use both session ID cookies and persistent cookies. For session ID cookies, once you close your browser or log out, the cookie terminates and is erased. A persistent cookie is a small text file stored on your computer’s hard drive for an extended period of time. Session ID cookies may be used by PRP to track user preferences while the user is visiting the Site. They also help to minimize load times and save on server processing. Persistent cookies may be used by PRP to store whether, for example, you want your password remembered or not, and other information. Cookies used on the PRP website do not contain personally identifiable information.

Web Beacons

A web beacon is an often-transparent graphic image, usually no larger than a 1x1 pixel that is placed on a web page or in an e-mail that is used to monitor the behaviour of the user visiting the Website or receiving the e-mail.

Cookies and web beacons used by Loanbaba.com and our online partners are not linked to Personal Information. This Privacy Policy covers the use of cookies and web beacons by Loanbaba.com and does not cover the use of cookies or web beacons by any other third party, or advertiser.

Log Files

Like most standard websites, we use log files. This information may include internet protocol (IP) addresses, browser type, internet service provider (ISP), referring/exit pages, platform type, date/time stamp, and number of clicks to analyze trends, administer the site, track user's movement in the aggregate, and gather broad demographic information for aggregate use. We may combine this automatically collected log information with other information we collect about you. We do this to improve Services we offer to you, to improve marketing, analytics or site functionality.

Unsubscribe

If you are no longer interested in receiving e-mail announcements and other marketing information from us, please e-mail your request at: customersupport@loanbaba.com. Please note that it may take about 10 days to process your request.

Cybersecurity

We employ appropriate technical and organizational security measures at all times to protect the information we collect from you. We use multiple electronic, procedural, and physical security measures to protect against unauthorised or unlawful use or alteration of information, and against any accidental loss, destruction, or damage to information. However, no method of transmission over the Internet, or method of electronic storage, is 100% secure. Therefore, we cannot guarantee its absolute security. Further, you are responsible for maintaining the confidentiality and security of your login id and password as we will not provide these credentials to any third party.

Third Party Advertising and Data Collected by Third Parties

We may use third-party advertising companies and/or ad agencies to serve ads when you visit our Site. There are number of products and services such as loans and credit cards offered by third parties on the Site, such as lenders, banks, credit card issuers or others. These companies may use information (excluding your name, address, email address, or telephone number) about your visits to this Site in order to provide advertisements on this Site and other third party websites about goods and services that may be of interest to you. If you choose to apply for these separate products or services, disclose information to these providers, then their use of your information is governed by their privacy policies. Loanbaba.com is not responsible for their privacy policies.

We use third-party service providers to serve ads on our behalf across the internet and sometimes on this Site. They may collect anonymous information about your visits to the Site, and your interaction with our products and Services. They may also use information about your visits to this and other websites for targeted advertisements for goods and services. This anonymous information is collected through the use of a pixel tag, which is industry standard technology used by most major websites. No personally identifiable information is collected or used in this process.

There might be affiliates or other sites linked to Loanbaba.com. Personal information that you provide to those sites are not our property. These affiliated sites may have different privacy practices and we encourage you to read their privacy policies when you visit them.

Changes in Privacy Policy

Loanbaba.com reserves the right to change this policy from time to time at its sole discretion. We may update this privacy policy to reflect changes to our information practices. We will notify you of any change by sending you an email, posting a notice on the home page of the Website, or posting a notice in your account when you first login after we have made the changes. However, we, also, encourage you to periodically review the privacy policy.

This document is published electronically and does not need signatures.

Sahas Technologies Pvt Ltd
401, Lakhani Centrium, Plot No 27,
Sector 15, CBD Belapur,
Navi Mumbai – 400614
Email : customersupport@loanbaba.com

If you have questions, concerns, or suggestions regarding our Privacy Policy, we can be reached using the contact information on our Contact Us page or at customersupport@loanbaba.com.

Registration Charges & Refund

The registration fee taken from you enables us to do necessary credit checks. We don’t refund the registration charges if there is no successful loan transaction.
The registration fee for a Borrower is Rs. 1000 and for the Lender is Rs. 500.

Disclaimer

Loanbaba.com intends to provide clear information about banking products and Services. The information and data on the Site are generic in nature. Our efforts are to offer accurate and responsible data. We are not responsible for any sort of discrepancies.

There is no purpose of violating any copyright or intellectual copyrights issues. All information provided on the portal Loanbaba.com is subject to the discretion of the same and is likely to change without any notice. Though, any changes in public utility will be communicated immediately on our portal.

We have tried to maintain high standards in quality, clarity, and accuracy of the material posted on the portal. Loanbaba.com is not legally responsible for the same in any matter whatsoever. Employees, partners, and associated staff of Loanbaba.com are not accountable for any loss, harm, or damage due to usage of information from the portal. Customers are advised to use their own discretion in such matters. The information provided on the portal is of financial, insurance, and legal nature. It is a mutual understanding that customers association with the portal will be at the customer's preference and risk.

Visitors to this Site and every third party associated with Loanbaba.com are hereby informed that the owners of this Site, viz., Sahas Technologies Pvt. Ltd., are the intermediaries of the banks and financial services companies, whose products are dealt with in this Site. It is made abundantly clear that Sahas Technologies Pvt. Ltd, its directors, shareholders, officers, employees and Loanbaba.com are in no way responsible or liable for any of the user’s investment or credit buying decision(s) (availing any kind of loans or taking credit card through us), and every prospect/loan seeker/ investor/Lender/ Peer/ policy-holder shall be solely responsible for the consequences of their decision(s).

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