Brahaspati Financiers LIMITED is the operator of the Brahaspati Instant Loan platform — a modern digital financial service designed to meet users' urgent cash flow needs through fast, tech-driven solutions. By integrating advanced technology and a user-centred approach, we deliver accessible, efficient, and seamless financial experiences to a diverse and growing customer base.
This Privacy Policy details the types of information collected by "Brahaspati Instant Loan" from its users, as well as the purposes and circumstances under which we use, process, store, and disclose such information. The Policy applies to data collected when you register with "Brahaspati Instant Loan", interact with our mobile applications, products, and services, or otherwise engage with our platform in any manner.
Before proceeding to accept this agreement, you are strongly advised to read this document thoroughly and ensure you have fully understood each section, including how your data is handled and the rights you retain regarding your personal information.
By accessing and using the services provided through this application, you acknowledge that you have read, understood, and agreed to this Privacy Policy. You further consent to the collection, processing, and storage of certain personal information obtained from your device as described herein, in compliance with applicable data protection regulations. If you do not agree with any part of this Policy, please discontinue use of the application and its services.
Personal information refers to any data about you that you share with Brahaspati-instant loan through digital means. This encompasses personal details as well as financial and non-financial transaction records that are conducted on our digital platforms. Upon accepting the terms and conditions, your online activities are tracked by Brahaspati-instant loan to facilitate and verify the completion of your transactions, both successful and unsuccessful. Additionally, all communications, including emails you send, are archived by Brahaspati-instant loan as personal and confidential. The app utilizes third-party services that might gather identifiable information about you. For more details on the privacy policies of these third-party service providers, please visit the provided link.
Brahaspati-instant loan may share information with third parties, including financial and non-financial companies, government agencies, courts, legal investigators, and other non-affiliated entities, as requested by you or your authorized representative, or as required or permitted by law.
In due course of using our Services, you are required to submit data to enable our Services. For example, your name, date of birth, ID number, passport number, home or mailing address, phone number, email address, bank account details, gender, race, nationality, occupation, marital status, our application collects basic information,such as GPS, device information, calendar, contacts.We use this data to create your profile and provide you with the best available services. Mentioned below is some of the data we collect from you:
GPS
Brahaspati Instant Loan collects GPS location data from your device solely to enhance the security and accuracy of our financial services. Specifically, this information enables us to:
Streamline the identity verification process by correlating your registered address with real-time location data, reducing manual documentation requirements.
Ensure compliance with regional financial regulations that require location-based service restrictions.
Provide localised service notifications and relevant financial product information based on your geographical area.
All location data is processed anonymously where possible, retained only for the minimum period necessary to fulfil regulatory and security requirements, and never shared with third parties for marketing or unrelated commercial purposes.
Device Information
To ensure the security and reliability of our financial services, Brahaspati Instant Loan will collect necessary device information and GPS location data with your authorisation. Device information includes device model, operating system version, unique device identifier, network connection type, and IP address. This information is used to establish secure device binding, identify abnormal login behaviour, detect risky operating environments, and optimise service stability and compatibility.
We solemnly promise that all collected device and location information is encrypted and used solely for clearly defined purposes such as anti-fraud risk control, service optimisation, and compliance auditing. It will not be shared with any third party for commercial promotion.
Calendar
To help you manage your financial affairs more effectively, Brahaspati Instant Loan will access your device's calendar with your explicit authorization.
Smart repayment reminders automatically add agreed repayment dates to your calendar and provide advance notifications via system-level calendar reminders before the due date.
Financial schedule management helps you track key milestones in your loan approval process and keeps you informed of pending tasks through system-level notifications.
We promise that we will not read, store, or sync any existing schedules or personal information in your calendar. All data is securely stored for the stipulated periods and will not be shared with third parties for commercial purposes.
Contacts
To provide safer, more efficient, and personalized financial services, Brahaspati Instant Loan will access your device's contact information based on the principle of minimum necessity, with your explicit authorization. This access is primarily for the following purposes:
1. Identity Verification and Risk Control: By comparing the contacts you provide with your contact list records, Brahaspati assists in completing necessary identity verification processes and prevents fraudulent applications such as impersonation.
2. Quick Emergency Contact Selection: When applying for loan services, you can select a contact from your address book as an emergency contact with a single click, avoiding manual input errors and improving operational efficiency.
We solemnly promise that we will not store, share, or analyse your complete contact list content in any form, nor will we send any information to your contacts without your further confirmation. All related data processing adheres to the principle of minimum necessity and is strictly protected by encryption.
We may utilize personal information provided by you or the Consumer during registration or otherwise for verification purposes. By doing so, the customer consents to and authorizes Brahaspati-instant loan to share this information with third parties exclusively for verification purposes. Additionally, we may use the information you provide to update our consumer credit database.
We may share the data we collect with government authorities or judicial bodies in accordance with applicable Indian laws and regulations, or as necessary to fulfil our agreements with third-party service providers and partner entities. Any third party receiving your personal data is contractually obligated to maintain its confidentiality and may not disclose it further, except where required by law.
We may also be required to disclose personal information when compelled by legal obligations, such as in response to civil or criminal summons, subpoenas, or other lawful requests from law enforcement or regulatory agencies. Such disclosures will occur only when we have a good faith belief that sharing the information is necessary to comply with a court order, judicial proceeding, valid legal process, or regulatory requirement directed at Brahaspati Instant Loan, whether in India or in other jurisdictions where we operate. Additionally, we may disclose information when necessary to exercise our legal rights or defend against legal claims, always within the boundaries of applicable law.
Brahaspati-instant loan will utilize personal information as needed in the regular course of our business to deliver the services you have requested. Additionally, we may send you email updates regarding services, transactions, and other materials we believe may be important or of interest to you.
We request that you keep your information as up to date as possible so that you may get the maximum benefit from the Brahaspati-instant loan service.
We will not sell, trade, or disclose to any third party any information collected from your registration or use of our online services—including names, addresses, or other personal details—without your explicit consent, except where required by applicable law. This excludes the sharing of such information with our Members and/or Affiliates for the purpose of assisting you in obtaining loans or supporting other legitimate business activities of such entities, in response to valid legal process, or where necessary to prevent imminent physical harm to any person.
Brahaspati Instant Loan may also allow its Members and/or Affiliates to access your information to verify your registration and to ensure that you receive the services and benefits to which you are entitled.
In the event that you withdraw your consent, Brahaspati Instant Loan will cease using or retaining any personal information provided by you or by any consumer acting on your behalf. You may withdraw consent at any time, either by unsubscribing from the services offered by Brahaspati Instant Loan or by submitting a written notice of withdrawal directly to us. Upon receipt of such withdrawal, we will take reasonable steps to discontinue the use of your personal data for any further purposes, except where retention is required to comply with legal obligations or to resolve existing disputes.
We will take appropriate steps to protect the information you share with us. We have implemented reasonable security practices and procedures, technology and security features and strict policy guidelines to safeguard the privacy of your personally identifiable information from unauthorized access and improper use or disclosure. We will continue to enhance our security procedures as new technology becomes available.
Brahaspati-instant loan shall not publish the personal information provided by you without your consent save and except as stated in this Privacy Policy and/or in the General TNC.
Despite these reasonable efforts to safeguard personal information from loss, theft, alteration, or other types of misuse, we cannot guarantee that such loss will never occur. There is always a risk that a third party, without our authorization, might unlawfully access our systems or otherwise access personal information. Whilst we undertake reasonable measure, we are also not responsible for the authenticity of any information which is provided by you or otherwise collected from your use of the Websites, whether personal or otherwise.
Brahaspati-instant loan does not and will not sell or provide personal information to third parties for independent use.We may, however, share personal information with official competent bodies or our subscribers according to the applicable UAE Laws.
Employee Access to Personal Information or Security Protection
Some of this information may be handled by our employees. The employees abide by the Brahaspati-instant loan's policy and are educated about the importance of confidentiality and customer privacy through standard operating procedures and our policies on ethics.
As a valued customer, you have the right to:
a)You have the right to access your personal data in the possession of the Platform.
b)You have the right to withdraw consent for personal data processing and may request data updates or deletion, unless legal requirements mandate data retention. Where such legal obligations exist, the Platform shall not be liable for consequences resulting from retrospective consent withdrawal.
c)Additionally, you are entitled to withdraw, amend, or erase your personal data without causing any retroactive impact, provided that doing so does not hinder the fulfilment of any ongoing legal obligations between you and the Platform.
Please note that the aforementioned rights must be exercised in writing by email to the following email address: support@brahaspatiloan.com.Once the application has been submitted in the aforementioned terms, the Platform will issue the adopted determination.
We regularly review and update this Privacy Policy, which will remain in effect until any revisions are officially published. All updates will be posted on the Platform and will take effect immediately upon posting. We encourage all users to periodically review this Policy to stay informed of our current data collection and usage practices.
In the event of material changes that affect the handling of Personal Data, the Company will notify Users via their registered email address or by posting a prominent notice on the Platform.
Any consents and authorizations granted by you shall remain valid for the duration of any loan agreements, as well as for all related transactions, arrangements, and accounts maintained by you with the Company and the lender through the Platform’s services.
Should you require assistance with any queries, errors, or doubts regarding changes to your account without your permission or any of your transactions, please contact our customer service center via email at support@brahaspatiloan.com or mail to the relevant department with the following information to assist us better to investigate any errors or unusual activities on your account:
• Your registered name and phone number;
• The time and date of such transactions or changes;
• Error description and reference code (if applicable);
• Contact name and address, including email address (if any).