Privacy Policy For Mobile Banking

Introduction:

This Privacy Policy outlines how Mobile Banking collects, uses, and discloses personal information from users of our mobile application. By using our services, you agree to the terms described in this policy.

Information We Collect:

• Name: collect user names to personalize the banking experience and verify identity.
• Customer ID: Customer IDs are essential for account management and security purposes.
• Storage: We may store transaction history, preferences, and other relevant data to enhance user experience.
• Location: We collect location data to provide location-based services (e.g., finding nearby ATMs or branches).
• Images: Images uploaded by users (e.g., profile pictures, check deposits) are stored securely.

Use of Information:

We use the collected information for the following purposes:

• Service Provision: To provide banking services, process transactions, and manage accounts.
• Personalization: To customize the app experience based on user preferences.
• Security: To prevent fraud, unauthorized access, and misuse of accounts.
• Analytics: To analyze app usage patterns and improve our services.

Disclosure of Information:

We do not share user information with third parties except in the following cases:

• Legal Requirements: We may disclose information if required by law or legal process.
• Service Providers: We may share data with trusted service providers (e.g., cloud storage, analytics tools) to improve our services.

Data Security:

We take appropriate measures to protect user data, including encryption, access controls, and regular security audits.

User Rights:

Users have the right to:

• Access their personal information.
• Correct inaccuracies.
• Request data deletion.

Global Compliance:

We adhere to global rules and policies regarding data protection and privacy.

Contact Us:

If you have any questions or concerns about this Privacy Policy, please contact us at it.info@ambujabank.com

Effective Date

29th February, 2024