When you interact with the LoanIndia platform or start a personal loan application, we securely collect necessary borrower verification details including:
- Identity Verification: Full name, date of birth, mobile number, and email address.
- KYC Documents: Permanent Account Number (PAN) and Aadhaar number for instant paperless OTP verification.
- Financial Information: Bank account details and IFSC code for direct disbursement of approved loan funds.
- Employment & Income: Monthly income bracket and employer name to match you with eligible lending partner offers.
We process your information strictly for legitimate loan facilitation and underwriting services:
- Facilitating instant digital e-KYC and assessing loan eligibility across RBI-registered NBFC partners.
- Verifying bank account ownership to prevent fraudulent payouts and ensure prompt disbursals.
- Communicating real-time updates regarding application sanction status, repayment tenures, and EMI schedules.
- Complying with Reserve Bank of India (RBI) Digital Lending Guidelines.
Your trust is paramount. LoanIndia does not sell, rent, or trade your personal data to any third-party marketing companies.
Your information is shared strictly with Reserve Bank of India regulated NBFC partners solely for evaluating, sanctioning, and disbursing your requested loan.
All data transmitted across our platform is protected by 256-bit SSL military-grade encryption. Servers are housed in high-security, ISO-certified data centers with automated threat monitoring and regular vulnerability assessments.
As a borrower, you retain full rights to request details of your stored personal information, request corrections to erroneous records, or revoke consent for marketing communications at any time.
If you have any questions or grievances regarding data privacy, our designated Grievance Officer will address your concerns within 48 business hours: