We, GAK E Solution Pvt Ltd (Company; We; us; our) have developed a mobile application called QuickCredit (Application/ App) through which you may apply for a loan to be granted by various non-banking financial company OR Banks (Lender), based on the loan agreement executed between you and LENDER. LENDER has appointed and authorized us to collect, store, authenticate, verify and distribute the Personal Information (defined below) as may be required by LENDER to sanction the Loan. The Personal Information shall be collected through the mobile application form (Mobile Application Form) available on the Application or through the website.
When you interact with us through our application, we may collect your name, e-mail address, gender, date of birth, mobile number, passwords, photograph, mobile phone information including contact numbers, financial information such as bank documents, salary slips, bank statements, PAN card, bank account no. Information provided by you is voluntary and we endeavour to protect such information from unauthorized use. This enables us to enhance the ease of using our application, autofill and select upload references from your contact list. App also collects and monitors your contacts information which includes name and number to enrich your financial profile. This helps us assess your risk profile and also helps us determine your loan eligibility. You undertake that you shall be solely responsible for the accuracy and truthfulness of the Personal Information you share with us.
You understand and acknowledge that the Company reserves the right to track your location (Track) during the provision of the Services, and also in the event that you stop, cease, discontinue to use or avail the Services, through the deletion or uninstallation of the Mobile App or otherwise, till the event that your obligations to pay the Outstanding Amount(s) to LENDER, exist. Deletion, uninstallation, and/or discontinuation of our Services, shall not release you from the responsibility, obligation and liability to repay the Outstanding Amount(s).
We have put in place various security procedures as set out in this policy. For example, our security and privacy policies are periodically reviewed and enhanced as necessary and only authorised personnel have access to user information. We use secure server software (SSL) to encrypt financial information you input before it is sent to us, and our database is hosted in a secure data centre. Whilst we cannot ensure or guarantee that loss, misuse or alteration of data will not occur, we use our best efforts to prevent this. We take reasonable technical and organizational precautions to prevent the loss, misuse or alteration of your personal information.
We will retain your Personal Information for as long as your registration with us is valid and the Outstanding Amount(s) is due and payable to LENDER. We may also retain and use your Personal Information as necessary to comply with our legal obligations, resolve disputes, and enforce our agreements. Subject to this section, we will try to delete your Personal Information upon reasonable written request for the same. Please note, however, that there might be latency in deleting Personal Information from our servers and backed-up versions might exist even after deletion.
QuickCredit will not sell, rent, and lease your information to anybody, we might disclose your personal information in following cases.
Business partners- We may use certain information for our third-party business partners who provide us the service not only of data storage but analysis and help us in improving our turnaround time of disbursement. But thee third party are under obligation that they will not use the information for their personal as well as commercial purpose they can only use that information for the task that are related to QuickCredit.
Administrators- We might provide your personal information to our management team or administrative to enhance your experience with us and assist you 24*7.