Privacy Policy
Welcome to the Swift Finance application. We highly value your privacy and are committed to ensuring the protection of your personal information. This privacy notice outlines our practices regarding the collection, usage, storage, and protection of your personal data. By engaging with our services, you agree to the terms described here. Please read this policy carefully to understand how we handle your personal information.
Data Collection and Usage
When you utilize our services, we may collect and process certain personal information necessary for delivering our products and ensuring compliance with legal requirements. This notice details how we collect, use, store, and disclose this data. We are committed to using your personal information solely to enhance your experience with our services. By accessing or using our platform, you consent to the collection, usage, and sharing of your data as described in this policy.
If you disagree with any aspect of this notice, we advise you not to download, install, or use the Swift Finance application.
Data We Collect and Permissions Granted
SMS Data
For users applying for financial services, we may request access to your SMS data, including account details, transaction amounts, and dates. This information helps us assess your creditworthiness and mitigate risks. Please note that we will only collect SMS information with your explicit consent, and it will be securely transmitted to our servers at https://api.swiftfin.net/. After we complete our risk assessment, the data will be deleted.
Installed Applications
To further assist in loan approval processes, we gather details about the applications installed on your device. This includes app names, installation times, and versions. The analysis of this data helps us prevent fraud and recommend appropriate financial products. This data will only be collected with your permission it will be securely transmitted to our servers at https://api.swiftfin.net/ and will be removed once the risk assessment is finalized.
Camera and Media Access
During the loan application process, we may request permission to access your device’s camera and media files, allowing you to upload necessary documents such as KYC identification. This step ensures that the loan request is being made by you. All collected data is sent to https://api.swiftfin.net/ and deleted upon completion of the assessment.
Device Information
We collect data regarding your device model, brand, IMEI number, Google Advertising ID, operating system, and resolution. This information is crucial for security measures, such as preventing unauthorized access to your account and optimizing service delivery. The data will be transmitted to https://api.swiftfin.net/ and removed after the evaluation.
Personal and Professional Information
When submitting a loan application, we will collect personal details such as your full name, gender, date of birth, address, occupation, and income information. These details are essential for assessing your credit risk and preventing fraudulent activity during the application process.
Purpose of Information Collection
We collect and use your data for the following purposes:
1. Account creation and identity verification
2. Provision of services and products from Swift Finance and its partners
3. Compliance with regulatory requirements, including the Aadhaar Act
4. KYC verification and approval processing
5. Processing payments and responding to your inquiries
6. Validating transaction requests
7. Enhancing your experience with personalized services
8. Conducting routine product reviews and implementing improvements
9. Performing credit checks and mitigating fraud risks
10. Addressing technical issues and providing customer support
11. Fulfilling legal obligations as required by law
Data Security
We implement robust security measures to protect your personal information from unauthorized access, alteration, or disclosure. Our security protocols include:
1. Limiting access to personal information to authorized personnel who are bound by confidentiality obligations.
2. Complying with applicable laws to safeguard communication privacy.
3. Utilizing the latest encryption technologies to ensure data protection.
4. Ensuring that personal data is not retained in our systems after processing is complete.
Protection of Minors
Our services are strictly intended for individuals aged 18 and above. We do not intentionally collect any personal information from minors. If we discover that we have inadvertently gathered data from a user under the age of 18, we will take immediate steps to delete such information from our systems. If you are a parent or guardian and believe that your child has shared personal data with us, please reach out to us immediately, and we will promptly take action to remove the data.
Your Rights and Consent
By using our services, you consent to the collection and use of your personal information as outlined in this Privacy Notice. You also agree to any updates or changes to this policy. If we make any revisions to our privacy practices, we will notify you by posting the updated policy on this page. We recommend that you review this notice periodically to stay informed of any changes.
Policy Updates
We may revise this Privacy Notice at any time to reflect changes in our practices or for any other reason. Any modifications will be posted on our website, and unless otherwise specified, they will take effect immediately. Continued use of the Swift Finance application following these updates constitutes your acceptance of the revised policy.
Contact Information
If you have any questions or concerns about this Privacy Notice, feel free to reach out to us. Email: info@vishwafin.com