Privacy Policy

Ready Leasings Pvt. Ltd. (“Company”, “we”, “us”), which operates the Paisa Daily platform, is committed to protecting your privacy. This Privacy Policy explains how we collect, use, store, disclose, and safeguard your information when you use our website, mobile application, and services. It is published in accordance with the Information Technology Act, 2000, the rules made thereunder, and the Digital Personal Data Protection Act, 2023.

• Identity & KYC data: name, date of birth, gender, PAN, Aadhaar (via DigiLocker), photograph, and address;
• Contact data: mobile number, email address, and residential details;
• Financial data: income, employment details, bank account details, and credit information;
• Transaction data: loan applications, repayments, and account activity;
• Technical data: device information, IP address, approximate location (only with your consent), and usage analytics.

• To verify your identity and complete KYC as required by law;
• To assess creditworthiness, process applications, and disburse and service loans;
• To communicate with you about your account, applications, and repayments;
• To comply with legal, regulatory, and reporting obligations (including to credit bureaus and RBI);
• To detect and prevent fraud, and to improve our products and services.

With your explicit consent, we verify your PAN and retrieve your Aadhaar details through DigiLocker (via our KYC partner Surepass) and, where you choose, analyse your bank statements through the RBI Account Aggregator framework (via our partner finpass). We access only the data necessary to verify your identity and assess your application, and we do not store your full Aadhaar number — only a masked reference is retained as permitted by law.

We do not access your phone contacts, call logs, SMS, or stored files at any time. Access to your camera, microphone, or precise location is requested only with your explicit, one-time, revocable consent for a specific purpose (such as KYC, video verification, or liveness), and never for continuous tracking. You may decline or withdraw any such permission without losing access to information you are otherwise entitled to.

We may share your information with:

• Credit information companies (CIBIL, Experian, Equifax, CRIF High Mark) as required by RBI;
• Regulators, statutory authorities, and law-enforcement agencies when legally required;
• Service providers and partners, under confidentiality obligations and on a need-to-know basis — including identity/KYC verification (Surepass), bank-statement analysis via the Account Aggregator framework (finpass), payments and mandates (Cashfree), and communications (SMS/WhatsApp/email) providers.

We do not sell your personal information to third parties.

We use cookies and similar technologies to operate the Platform, remember your preferences, and analyse usage. You can manage cookies through your browser settings; disabling them may affect certain features.

We implement reasonable technical and organisational security measures, including encryption in transit (256-bit SSL) and access controls, to protect your information against unauthorised access, alteration, or disclosure.

All personal and financial data we collect is stored and processed on servers located in India, in line with the RBI Digital Lending Directions. Where data is shared with a regulated partner for a specific purpose, it remains subject to the same localisation and confidentiality requirements.

We retain your information for the duration of your loan relationship and for the minimum periods required under applicable RBI, KYC/PMLA, and tax laws — generally up to eight (8) years after the account is closed. Where retention is no longer required by law or for a legitimate purpose, data is securely deleted or anonymised. You may request erasure of data not subject to a statutory retention obligation (see Your Rights).

• Access, correct, or update your personal information;
• Withdraw consent (subject to legal and contractual limitations);
• Request deletion of data not required to be retained by law;
• Lodge a complaint via our Grievance Officer (below).

By using the Platform and providing your information, you consent to the collection, use, and disclosure of your information as described in this Policy.

For privacy-related questions, to withdraw consent, or to request access or erasure of your data, contact our Grievance & Data Protection Officer, Amit Kumar Bansal, at grievance@paisadaily.money. See our full Grievance Redressal process, including escalation to the RBI Ombudsman.

We may update this Privacy Policy from time to time. Material changes will be notified on this page with a revised “Last updated” date.