1. Introduction
MF Bharat Inc. (“we”, “us”, “our”) is committed to protecting your privacy. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our platform.
2. Information We Collect
- Identity Data: Name, date of birth, PAN, Aadhaar (last 4 digits), photograph
- Contact Data: Email address, mobile number, residential address
- Financial Data: Bank account details, investment history, portfolio holdings
- Technical Data: IP address, device ID, browser type, app version, usage logs
- Transaction Data: SIP mandates, purchase and redemption records, payment history
3. How We Use Your Information
- Process and execute your investment transactions
- Comply with KYC, AML, and SEBI regulatory requirements
- Send transaction confirmations, account statements, and service notifications
- Personalise your experience and surface suitable funds
- Detect, prevent, and respond to fraud or security incidents
- Improve our platform, products, and services
4. Data Sharing
We do not sell your personal data. We may share your information with:
- AMCs and RTAs: To process your investment transactions
- SEBI, AMFI, and regulators: As required by law
- Payment processors: To facilitate fund transfers via NACH/UPI
- KYC Registration Agencies (KRAs): For KYC verification and record-keeping
5. Data Security
We implement industry-standard 256-bit AES encryption, secure HTTPS communication, and regular third-party security audits. Access to personal data is restricted to authorised personnel on a need-to-know basis.
6. Data Retention
We retain your personal data for the duration of your account and for at least 8 years thereafter, as required under SEBI and PMLA regulations. After this period, data is securely deleted or anonymised.
7. Your Rights
- Access: Request a copy of the personal data we hold about you
- Correction: Request correction of inaccurate or incomplete data
- Deletion: Request deletion of your account (subject to regulatory retention requirements)
- Portability: Receive your data in a machine-readable format
8. Cookies
We use essential cookies for authentication and session management, and analytical cookies to improve platform performance. You may disable non-essential cookies through your browser settings without affecting core functionality.
9. Children's Privacy
Our platform is not directed to individuals under 18 years of age. We do not knowingly collect personal information from minors.
10. Changes to This Policy
We may update this Privacy Policy periodically. We will notify you of material changes via email or in-app notification. Continued use of the platform constitutes acceptance of the updated policy.
11. Contact
For privacy-related queries, contact our Data Protection Officer at privacy@mfbharat.in.