InstantRupiya
Privacy Policy
Privacy Policy governing digital lending services on the InstantRupiya platform.
A clearer way forward
InstantRupiya Digital Lending Privacy Notice
Aarsh Fincon Limited
InstantRupiya
B-10.00119
Operative (Sept 2024)
Legal & Regulatory Center
Introduction & Corporate Commitment
At InstantRupiya (operating under the corporate umbrella of Aarsh Fincon Limited, an RBI-registered Non-Banking Financial Company with Registration No. B-10.00119), we are dedicated to protecting the privacy, confidentiality, and data integrity of all users who access or use our digital platform, mobile applications, and financial services.
This Privacy Policy explains the categories of personal, financial, and device information we collect, how it is processed, stored, shared with regulated partners, and safeguarded against unauthorized access.
Mandatory Acceptance
By accessing, downloading, registering with, or utilizing any services provided by InstantRupiya, you acknowledge that you have read, understood, and agreed to be bound by the terms of this Privacy Policy. If you do not agree with any part of this Policy, you must discontinue use of our services immediately.
Categories of Information We Collect
To provide credit appraisal, loan underwriting, and digital disbursement services efficiently and in compliance with RBI guidelines, InstantRupiya may collect and process the following information:
2.1 Personal Identification Data
Includes full name, date of birth, gender, residential address, mobile number, email address, Permanent Account Number (PAN), Aadhaar details (obtained strictly in accordance with legally permitted UIDAI/offline XML guidelines), and selfie/photograph for biometric liveness matching.
2.2 Financial & Employment Data
Includes bank account number, IFSC code, monthly salary/income statements, employment details, employer name, existing loan obligations, and credit bureau scores retrieved from authorized credit information companies (CIBIL, Experian, CRIF, Equifax).
2.3 Technical & Device Information
Includes device hardware model, operating system version, IP address, unique device identifiers, browser type, telecommunication network carrier details, and session timestamps to verify authorized access and mitigate cyber-fraud.
Location Information
We may collect real-time or approximate geolocation information strictly during the loan application and onboarding workflow to verify residential serviceability, prevent fraudulent remote logins, comply with RBI digital lending territorial regulations, and confirm identity authenticity.
Mobile Device Permissions (Camera, Microphone & Storage)
Camera & Microphone Access
Camera permissions are required to capture live KYC selfies, upload identity proofs, and perform optical document verification. Microphone access may be utilized solely where video customer identification (V-CIP) is mandated by lending partners.
Storage / File Access
Storage access is required on a one-time basis to enable users to upload bank statements, salary slips, and utility bills. We do not access, scan, or copy personal photo galleries or private media.
Purpose of Information Collection
The data collected by InstantRupiya is utilized exclusively for legitimate financial and regulatory operations:
Information Sharing & Disclosures
InstantRupiya shares user information strictly on a need-to-know basis with verified partners to fulfill lending operations:
- Regulated Lending Partners: Partner banks and NBFCs for credit sanction and loan disbursement.
- Credit Bureaus: Authorized credit information companies (CIBIL, Experian, CRIF, Equifax).
- KYC Verification Agencies: Government-authorized verification utilities (NSDL, UIDAI, Digilocker).
- Payment & Banking Service Providers: Regulated payment gateways for secure disbursement and NACH mandate processing.
- Statutory Authorities: Law enforcement or judicial bodies where explicitly mandated by legal decree.
We never sell, rent, or trade your personal or financial data to third-party advertisers.
Data Security Safeguards
We enforce bank-grade administrative, technical, and physical safeguards. All data transmission is secured using 256-bit SSL encryption, with strict server firewalling, access logs, and encrypted database storage.
Data Retention Policy
Personal and financial records are retained only for as long as necessary to fulfill lending, legal, audit, and statutory requirements (including the minimum 5-year retention mandate under the Prevention of Money Laundering Act (PMLA) and RBI regulations).
User Rights & Consent Withdrawal
Users possess the legal right to review their personal information, request rectification of inaccurate data, withdraw app permissions via device settings, or request account closure (subject to the full settlement of all outstanding loan dues and statutory compliance).
Third-Party Services
Our platform may contain links to authorized external banking or payment partners. Users are encouraged to review the respective privacy notices of third-party service providers.
Policy Updates & Governance
InstantRupiya reserves the right to amend this Privacy Policy periodically. Updated versions become immediately effective upon publication on this platform.
Grievance Redressal & Contact Desk
For privacy-related inquiries, data access requests, or formal grievances, please reach out to our designated Nodal Compliance Officer:
Aarsh Fincon Limited (InstantRupiya)
Official Policy Document • InstantRupiya (Aarsh Fincon Limited)
Effective Date: September 2024
TAKE A CLOSER LOOK
The details that matter.
Know what you are sharing
Review the privacy notice and terms on the loan portal. Understand why documents are requested and use only verified upload channels. The company-approved website policy is awaiting publication.
KEEP YOURSELF INFORMED
Small checks. Better decisions.
Know the full cost
Look beyond the EMI. Consider interest, processing fees and the total amount repayable over the loan tenure.
Read before accepting
Check the repayment schedule and conditions in your agreement. Keep a copy of the documents for your records.
Keep your details safe
Use verified lender channels. Never share an OTP, password or payment PIN with another person.
GOOD QUESTIONS. CLEARER ANSWERS.
A little more clarity.
The details worth knowing before your next step.
Which terms apply to my loan?
Your lender’s official loan agreement and disclosures govern the loan. Read the final offer before accepting it; website guidance is not a substitute for that agreement.
What information should I avoid sharing?
Never share OTPs, passwords, card PINs or UPI PINs. Use verified channels for identity and financial documents, and review the portal’s privacy notice first.
Where can I get account-specific help?
Use the verified contact details in your loan agreement. The company-approved policy and escalation contacts for this website are still awaiting publication.