Privacy Policy

The policy applies to Indraprastha Sehkari Bank Ltd (IPSB) in India.

 Scope and Objective

Indraprastha Sehkari Bank  Ltd  ensure the compliance of modern banking approach, customer trust/satisfaction , security oriented service and banking services, IPSB Ltd has adopted the privacy policy aimed at protecting individual’s personal information entrusted and disclosed to IPSB Ltd (the Policy) . This policy governs the way in which IPSB LTD collects, uses, discloses, stores, secures and disposes of personal information.

This policy is the property of IPSB LTD  and cannot be conveyed in any manner or in any form outside IPSB  without prior written consent of CEO. IPSB LTD   reserves the right to modify this policy at any time. IPSB LTD   will endeavor to post the most current version of this policy on its website.

What Personal information do we collect

 “Personal information” is data that can be used to identify a natural person. Some examples of personal information that we may collect are:

  • Personal particulars (e.g. name, contract details, residential address, date of birth, identity card/passport details, and /or education details);
  • Specimen signature(s);
  • Financial details (e.g. income, expenses, and/or credit history);
  • Images and voice recordings of our conversations with you;
  • Employment details (e.g. occupation, directorships and other positions held, employment history, salary, and/or benefits);
  • Tax and insurance information;
  • Information about your risk profile, investments, investment objectives, knowledge and experience and/or business interest and assets;
  • Banking information (e.g. account numbers and banking transactions); and/or
  • Personal opinions made known to us(e.g. feedback or responses to surveys);
  • Information obtained with consent from your mobile device like device location, device information (including storage, model, mobile network) transactional and promotional SMS, communication information including contacts and call logs.

Salient Features

  1. Commitment

a.)  Information collected and used by IPSB LTD can include information supplied by Users and also the information that is automatically collected through navigation or in any other form.

b.) Our websites may contain links to other websites which are not maintained by IPSB LTD. This privacy policy only applies to the websites of IPSB LTD. When visiting these third party websites, you should read their privacy policies which will apply to your use of the websites.

  1. Security

Indraprastha Sehkari Bank  Ltd gives access of Users information to Authorized Employees only. Such employees are subjected to rules and regulations of IPSB LTD . They undertake to abide by this Privacy Policy even after relieving from employment.

  1. Sms and Email Privacy

IPSB LTD  respects the privacy of all its Users and takes every effort to protect sensitive customer information. IPSB LTD  never seeks from its Users any confidential / sensitive information like – PINs, passwords, CVV, expiry date, issue date, etc. By registering your mobile number or email id.

Features

  • IPSB LTD never sends unsolicited messages to your registered mobile number.
  • IPSB LTD never sends unsolicited emails to your registered email id.
  • If Users have not registered their mobile phone number to IPSB LTD , Indraprastha Sehkari Bank Ltd will endeavor to ensure Users that they will not receive a promotional SMS from us.
  • IPSB LTD will update Users mobile phone number or email id, only with their consent and requisite authentication – signature on paper documents.
  1. Disclosure

Users authorizes IPSB LTD    to exchange / share / part with information of Users to its affiliates / financial institutes / banks / credit bureaus / telecommunication / agencies / electronic clearing network that may be required by law / credit reporting / customary practice / statistical analysis / credit scoring , etc. and shall not hold IPSB LTD  liable for disclosure of such information.

  1. Consent

Users consent ir-reovocably to IPSB LTD   for the following disclosures to third parties without any limitation :

      • For the lawful / legal requirement or compliance.
      • For enforcing terms and conditions of the products or services.For protecting or defending our rights / interests / property and also for protecting or defendingthe rights interests / property of our affiliates / banks / financial institutes etc.
      • For preventing Fraud purposes.
      • Users consent to the collection and use of their information by IPSB LTD   . Users consent to the terms of this policy.
      • Users also undertakes to keep their password complex and not to disclose to anyone in any form.
      • Users agree to receive communication from IPSB LTD   .

Note: Subjected to changes that as and when occurs.

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