Privacy Policy

Privacy Policy

This Privacy Policy is published in compliance with the Information Technology Act, 2000, and the Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Information) Rules, 2011 (the “SPI Rules”).


By accessing and using the website i.e., www.badafinance.in, including any other media form, media channel, mobile website, or mobile application related or connected thereto, and further including any amendments/modifications/updates thereon (hereinafter referred to as the “Website”), operated and managed by Bada Finance S&P services LLP (hereinafter collectively Bada Finance, you, the user (registered or otherwise), authorize us and our associate partners to contact you regarding offers and promotions for their services and products you have opted for. Additionally, we may contact you to offer promotional offers from the Website or associated third parties. By registering, you further authorize us to call you regarding products and services, even if you are registered on the DND (Do Not Disturb) / DNC (Do Not Call) registry.


Bada Finance recognizes the importance of maintaining your privacy and is committed to safeguarding the confidentiality, integrity, and security of all user information. This Privacy Policy outlines how Bada Finance collects, processes, and protects your information when you use the Website or avail of its services. By using the Website or availing of financial products or services through Bada Finance, you agree to this Privacy Policy.

What We Do

Bada Finance is registered with various Banks, NBFCs, Principals, and Financial Institutions as a Corporate Direct Selling Agent (DSA). We collect leads/files of customers seeking secured or unsecured loans, credit cards, loans against cars, new car loans, etc., through our registered partners/distributors. These leads are logged with respective Banks/NBFCs/Principals/Financial Institutions on behalf of the customer.


Note: We do not lend money or guarantee loan disbursements of any kind. This Website/Mobile Application is strictly for lead management, where registered users (partners/distributors) can upload basic customer details and KYC documents.

Workflow

  1. Users select desired financial services.
  2. Users fill out/upload required details.
  3. The Website generates a customized report based on the entered values.
  4. Upon the customer’s consent, Bada Finance logs the lead with respective Banks/NBFCs/Principals/Financial Institutions for further processing.
  5. The respective Banks/NBFCs/Principals/Financial Institutions manage the lead thereafter.

Documents/Details Collected

The following details and documents may be collected and uploaded via the lead form:
  • Car registration number
  • Kilometers driven
  • First Name and Last Name
  • PAN Card
  • Email ID
  • PIN Code
  • Mobile Number
  • Other details as required

Users are responsible for the authenticity of the uploaded information. Bada Finance merely logs the provided information with respective authorities for lead processing. We ensure the privacy and security of uploaded data and use it solely to enhance our services.

Purpose of Data Collection

User information is collected and used for:
  • Generating customized reports based on predetermined parameters.
  • Monitoring, improving, and administering the Website.
  • Designing and offering tailored products/services through third-party partners.
  • Managing risks, including fraud prevention.
  • Sending notifications or information related to products or services requested.
  • Enhancing user relationships and suggesting relevant products/services.
  • Conducting data analysis to improve services.
  • Complying with applicable laws and regulations.
  • Conducting KYC for third-party partners based on user-shared information.
  • Authenticating user details for cross-selling or up-selling financial products.
  • Sending promotional offers and service alerts.
  • Administering obligations with business partners.
  • Providing information about new features, products, or offers.
  • Retaining information for compliance and service enhancement.

By registering on the Website/Application, users authorize Bada Finance and its affiliates/business partners to use uploaded information (e.g., KYC documents, bank details) for business purposes, including contacting users for services and promotions.

Third-Party Advertising

Bada Finance may share user information with third parties/service providers/business partners without prior consent under the following circumstances:
  • As required by law, court orders, or governmental agencies.
  • With group companies, employees, or officers for processing personal information on Bada Finance’s behalf.
  • For advertising or promotional purposes.
  • In case of mergers or acquisitions involving Bada Finance.

Security Measures

We employ advanced technical and organizational security measures to protect user information. Despite this, no method of online transmission or electronic storage is completely secure. Users are responsible for maintaining the confidentiality of their login credentials.

Links to Other Websites

This Website may contain links to third-party websites. Bada Finance is not responsible for the privacy practices or content of these external sites. Users are encouraged to review their privacy policies.

Governing Law and Dispute Resolution

This Privacy Policy is governed by the laws of the Republic of India, and disputes are subject to the exclusive jurisdiction of the courts in Mumbai.

Grievance Officer

In compliance with the Information Technology Act, 2000, and SPI Rules, Bada Finance has appointed a Grievance Officer. Users may contact the officer for any privacy-related concerns:
  • Grievance Officer: Mithilesh Kumar Prajapati
  • Designation: Operations Head
  • Phone: 022-40135107
  • Email: customer.service@badafinance.in

Data Retention

  • Data Retention Period: User data will be retained for 8 years to ensure compliance and service enhancement.

Customer Rights

  • Users have the right to:
    • Delete or edit their information by emailing customer.service@badafinance.in.

Changes to Privacy Policy

Bada Finance reserves the right to modify this Privacy Policy at any time without prior notice. Users are encouraged to review the Policy periodically.

Contact Us

For inquiries or clarifications about this Privacy Policy or your personal information, contact us at admin@badafinance.in