Our commitment to responsible data handling, processing, and protection in accordance with global data protection standards.
We follow strict data minimization principles, collecting only what is necessary for providing our EMI reduction services. Our data collection practices are transparent and lawful.
All data processing is based on legitimate business needs, contractual requirements, or explicit user consent.
Data is collected for specific, explicit, and legitimate purposes only.
We process your data responsibly and only for the purposes you've consented to. Here's how we use your information:
Processing loan applications, EMI calculations, and financial assessments.
Identity verification, fraud prevention, and security monitoring.
Service optimization, user experience enhancement, and product development.
Service updates, important notifications, and marketing communications (with consent).
We work with trusted partners who help us deliver our services. All partners are bound by strict data protection agreements:
| Partner Type | Data Shared | Purpose | Location |
|---|---|---|---|
| Banking Partners | Financial Information | Loan Processing | India |
| Credit Bureaus | Identification Data | Credit Assessment | India |
| Cloud Services | Encrypted Data | Data Storage | India/US |
| Analytics Providers | Anonymous Data | Service Improvement | Global |
We implement robust security measures to protect your data throughout its lifecycle, from collection to deletion.
We retain data only as long as necessary for the purposes collected, in compliance with legal requirements:
| Data Type | Retention Period | Basis | Disposal Method |
|---|---|---|---|
| Application Data | 7 years after account closure | Legal Requirement | Secure Deletion |
| Financial Records | 10 years | Regulatory Compliance | Secure Deletion |
| Marketing Data | 3 years after last activity | Business Purpose | Anonymization |
| Technical Logs | 2 years | Security Monitoring | Secure Deletion |
You have comprehensive rights regarding your personal data. We are committed to honoring these rights and providing easy mechanisms to exercise them.
Request a copy of all personal data we hold about you, including processing purposes and categories.
Request correction of inaccurate or incomplete personal data without undue delay.
Request deletion of personal data when it's no longer necessary or consent is withdrawn.
Receive your data in a structured, machine-readable format for transfer to another service.
To exercise any of your data rights, you can:
In the unlikely event of a data breach, we are committed to:
Dedicated team monitoring for security incidents
Registered Office
1EMI Financial Services Pvt. Ltd.
Mumbai, Maharashtra
Certifications
ISO 27001:2022
SOC 2 Type II Compliant
Jurisdiction
Laws of India
Mumbai Courts
Our Data Protection Team is here to help you understand and exercise your data rights.