Privacy Policy

Your privacy is important to IndiaMoneyMart. This Privacy Policy covers why and how we collect, use, disclose, transfer and store your information. By using the website you are accepting the practices described in this Privacy Policy. By using the Website you also give consent to use the Personal Information by IndiaMoneyMart in accordance with the terms set out in this Privacy Policy.

Set forth below is our Privacy Policy and IndiaMoneyMart urges you to review the information provided in this Notice. If you have any questions or comments regarding this Privacy Policy, please contact us at info@indiamoneymart.com

Will IndiaMoneyMart ever make changes to its privacy policy?

We may make changes to the Privacy Policy from time to time. We will notify you of any material changes by sending you an email, posting a notice on the home page of the website, or posting a notice in your account when you first login after we have made changes. If you receive notification or a change in our Privacy Policy, you must review the new Privacy Policy carefully to make sure you understand our practices and procedures. You may not be able to receive notices from us if your cookies are not set to accept and/or are disabled.

Why ? We set our priorities in building our customers confidence and we respect the trust you repose in us when you share your personal information with us. What type of information is collected by IndiaMoneyMart?

Personal information:- We collect the personal information to provide our services, and the information collected, includes your name, address, mailing address, phone number ,email ID, passport details, driving license details, income tax returns details, bank account number, personal statement or credit card or debit card or other payment instruments, reasons for seeking finance, income sources and financial information etc.

What we do: -

The information on the website can be accessed to some extent, but to take part in the services offered, registration is mandatory, which enables you to participate in the bidding of listings. During registration the information collected will be used for the purpose stated therein. However, your identity will not be disclosed on the website to the public and the entire transaction will be processed under confidential environment; unless and until you default the loan availed. We protect your personal information from unauthorized access and use; we use security measures in its implementation by adopting advanced practices prevailing from time to time. We may use third party service providers for carrying out the entire transaction, who will also maintain the confidentiality of the information as per the prescribed measures.

When does IndiaMoneyMart collect this information:-

We collect personal Information from you when you create a account either as a Lender Account or a Borrower Account, we may collect your name, tax identification number, mailing address, email address, credit card number, pan number, tan number, income tax returns, bank account number, passport details, driving license details, personal statements, reasons for seeking finance, income sources and other information that we request during the registration process, and any information that you provide on your IndiaMoneyMart website .

If you communicate with us regarding the website or the IndiaMoneyMart services, we will collect required information for such communication and if you sign up to receive a newsletter, we will collect your email address.

How does IndiaMoneyMart use my information?

The personal information collected will be shared

  • Primarily for our own internal purpose, such as providing the requested services.
  • For carrying on day-to-day business, i.e. for processing the transactions, maintaining the accounts, responding to legal investigation, providing customer support, project planning and others.
  • Shall also be shared with the other members of this website.
  • To third-party contractors which have dealings with IndiaMoneyMart .
  • We would further share your information with marketing agencies and other businesses if we, in our sole discretion understand that your information may be used to market a product or service.
  • In the unfortunate event of default; IndiaMoneyMart will publicly announce about your default among your friend list and group, etc., with your details on various social media platforms and other avenues.

Upon acceptance of these terms and conditions, you hereby grant an unequivocal and absolute consent to share your personal information with third parties. IndiaMoneyMart is not required to seek your consent once again in respect of sharing your personal information with third parties.  The term Personal Information shall include your name, address, e-mail id and mobile phone number, but it shall not include any data in relation to your financial status, income statements, earnings, source of earnings, personal identification numbers, passwords, code numbers, bank account numbers, credit card numbers, expiry dates relationship numbers, CVV numbers, encryptions, cookies and other such electronic details.

When will IndiaMoneyMart disclose my information to third parties?

Disclosure to Successors. We may disclose your Personal Information to any successor-in-interest of ours, such as a company that acquires us. In the event IndiaMoneyMart goes through a business transition, such as a merger or acquisition by or with another company, or sale of all or a portion of our assets, your personal Information will likely be among the assets transferred. You will be notified via email or by a notice on our website of any such change in ownership or control of your personal information.

Disclosure to Unaffiliated Third Parties. We shall keep your personal information private and confidential. We may disclose your personal Information to prevent an emergency, to prevent harm to others, to respond to legal requirements, to protect or enforce our rights and policies, to protect or enforce the rights of a third party, or as required or permitted by law (including, without limitation, to comply with a summon or court order).

Disclosure to Third Party Service Providers and Online Partners. We may contract with various third parties who help us provide, maintain and improve the website and the IndiaMoneyMart services. For example, we use a third party to process payments made to us, and may subcontract out production, fulfillment, analytic, reporting or other operations. We also contract with several online partners to help manage, monitor and optimize our website and the IndiaMoneyMart services and to help us measure the effectiveness of our advertising, communications and how visitors use the website. We will use commercially reasonable efforts to prevent such third parties from disclosing your personal information, except for the purpose of providing the services in question. We cannot guarantee that such third parties will not disclose your personal information. In no circumstances, IndiaMoneyMart shall disclose data in relation to your financial status, income statements, earnings, source of earnings, personal identification numbers, passwords, code numbers, bank account numbers, credit card numbers, expiry dates relationship numbers, CVV numbers, encryptions, cookies and other such electronic details.

Internet Advertising. We may use third party service providers to serve ads on our behalf across the Internet and sometimes on the website. They may collect anonymous information about your visits to our website, and your interaction with our products and services. They may also use information about your visits to this and other websites to target advertisements for goods and services. This anonymous information is collected through the use of a web beacon, which is industry standard technology used by most major websites.

Disclosure to Credit Rating Agencies & Reserve Bank of India To make an improvement in its business IndiaMoneyMart may  share the personal information of a user with a Credit Rating Agencies and the information shall be shared with Credit Rating Agencies in the event, Reserve Bank of India issues guidelines or direction in this regard.

Data Usage of Cookies & others

Cookies. These are information stored by your browser on your computer when allowed. The use of cookies on our website is similar to other online marketplaces. These are used to enhance your experience with our website. We use cookies to help us identify who you are, so your login experience is smooth each time. Cookies also allow us to collect Non-Personally Identifiable Information from you, like which pages you visited and what links you clicked on. Use of this information helps us to create a more user-friendly experience for all visitors. In addition, we may use Third Party Advertising Companies to display advertisements on our website. Most browsers automatically accept cookies, but you may be able to modify your browser settings to decline cookies. Please note that if you decline or delete these cookies, some parts of the website may not work properly.

How can I review and make changes to my personal information?

You can obtain a copy of and request that we correct errors in your personal information by emailing us at support@indiamoneymart.com. For your protection, you will be required to provide proof of your identity to obtain a copy of your personal information. If any of your personal information changes or if you no longer want to use the IndiaMoneyMart services, you may correct, update or deactivate your personal information and/or your account through the account management screen. If you would like to deactivate or terminate your account you can also contact support@indiamoneymart.com.

Security of information

We take appropriate precautions to protect the security of personal identity details. You can access your personal identity details on our website through your login and password, once your registration process and our verification processes complete. We recommend that you do not share your password with anyone. In addition, your personal details are stored on a secure server that only selected personnel and contractors have access to. We encrypt certain sensitive information using Secure Socket Layer (SSL) technology to ensure that your personal details are safe as it is transmitted to us.

However, you understand and accept no data transmission over the Internet can be guaranteed to be completely secure. We cannot ensure or warrant the security of any information that you transmit to us, so you do so at your own risk.

Tell- a -friend

If you choose to use our referral service to tell a friend about the website or the IndiaMoneyMart services, we will ask you for your friend's name and email address. We will automatically send your friend a one-time email inviting him or her to visit the website. We store this information for the sole purpose of sending this one-time email and tracking the success of our referral program.

Internet – based Transfer

Using the Internet to collect and process personal information necessarily involves the transmission of data on an international basis. By providing IndiaMoneyMart with your personal information, you acknowledge and agree that we may store your personal information and transfer it to and from our servers located in the. We endeavor to protect all personal information collected through the website in a safe, confidential and secure manner.

Does this privacy policy apply when i access third party websites?

You may be able to access third party websites directly from the website. This Privacy Policy does not apply when you access third party websites. We cannot control how third parties may use personal information you disclose to them, so you should carefully review the privacy policy of any third party website you visit before using it or disclosing your personal information to its provider.

What about children's privacy?

The IndiaMoneyMart are intended for users ages 21 and older only. Accordingly, we will not knowingly collect or use any Personal Information from individuals that we know to be under the age of 21.

Can I opt-out from receiving communications from IndiaMoneyMart?

We provide you the opportunity to opt-out of having your personal information used for certain purposes. If you no longer wish to receive our newsletters and promotional communications, you may opt-out of receiving them by following the instructions included in each newsletter or communication or by emailing us at support@indiamoneymart.com. We also offer you an opportunity to opt-out of certain communications through the account management screen. If you need assistance you may contact us at info@indiamoneymart.com.

If we disclose your personal information to a third party in a manner that is not set forth in this Privacy Policy you will be notified so that you can make an informed choice about sharing your personal information with that third party.

Terms in use

Welcome to our website. If you continue to browse and use this website, you are agreeing to comply with and be bound by the following terms and conditions of use, which together with our privacy policy govern IndiaMoneyMart relationship with you in relation to this website. If you disagree with any part of these terms and conditions, please do not use our website. The term M/s Fair Vinimay services Pvt Ltd, hereinafter referred as IMM "IndiaMoneyMart” or ' 'us' or 'we' refers to the Company and owner of the website, whose registered office is at 305 B, Manis Commercial Centre (Old pass Port office) Worli, Mumbai- 400030, Maharastra. The term ‘you’ refers to the user or viewer of our website.

IndiaMoneymart.com is a web portal which provides a platform to bring together the persons who are willing to borrow and persons who willing to invest. IndiaMoneyMart’s endeavor is that an individual may come forward to support another individual in need. IndiaMoneyMart shall merely facilitate a transaction of borrowing and lending between two such persons. IndiaMoneyMart in no manner indulges into either in borrowing or lending and is not a corporation that has any sort of license from the Reserve Bank of India to carry the business of lending in India. We neither lend nor borrow through this web site. IndiaMoneyMart is neither a chit fund nor a financial institution.

The use of this website is subject to the following terms of use:

  • The content of the pages of this website is for your general information and use only. It is subject to change without notice.
  • This website uses cookies to monitor browsing preferences.
  • Neither we nor any third parties provide any warranty or guarantee as to the accuracy, timeliness, performance, completeness or suitability of the information and materials found or offered on this website for any particular purpose. You acknowledge that such information and materials may contain inaccuracies or errors and we expressly exclude liability for any such inaccuracies or errors to the fullest extent permitted by law.
  • IndiaMoneyMart makes no warranties or representations about this website or any of its content. IndiaMoneyMart is not responsible to you or anyone else for any damages of any kind, including (but not limited to) any direct or consequential loss and losses resulting from security failure, disclosure of confidential information by other parties or the transmission of a computer virus, suffered in connection with the use of this website. Your use of any information or materials on this website is entirely at your own risk, for which we shall not be liable. It shall be your own responsibility to ensure that any products, services or information available through this website meets your specific requirements.
  • This website contains material which is owned by us. This material includes, but is not limited to, the design, layout, look, appearance and graphics. Reproduction is prohibited other than in accordance with the copyright notice, which forms part of these terms and conditions.
  • Unauthorized use of this website may give rise to a claim for damages and/or be a criminal offence
  • From time to time, this website may also include links to other websites. These links are provided for your convenience to provide further information. They do not signify that we endorse the website(s). We have no responsibility for the content of the linked website(s).
  • Your use of this website / IndiaMoneyMart mobile applications and any dispute arising out of such use of the website is subject to the laws of India and exclusive jurisdiction of the courts of Mumbai.
    IndiaMoneyMart reserves the complete rights to accept your registration, decline your loan request / application and also terminate your usage, if any unscrupulous activity, is found / you default on the loan IndiaMoneyMart can/will use your personal & public details (including friend list) in case of a default of loan availed or to a 3rd party
  • The user agrees and authorize IndiaMoneyMart to use his/her personal profile/details, including his/her public & friend list and also update / announce / inform user friend list / other members in IndiaMoneyMart about user defaulting the loan availed.
  • Under no circumstances can user raise/make/claim any amount of defamation loss / any other type/kind of loss with IndiaMoneyMart

IndiamoneyMart would make all legitimate / legal efforts to recover its loan from defaulter and will collect any cost / charges as might be incurred for same along with interest till date.

For any further information please contact us at
M/s Fair Vinimay Services Private Limited,
205 Unique Industrial Estate,
Twin Tower Lane, Prabhadevi,
Mumbai-400 025, India
,
or e-mail your queries to info@indiamoneymart.com.