Privacy Policy
How Swabhiman Pawan Nidhi Limited collects, protects, and handles your personal and financial information under Section 406 regulatory standards.
Last Updated: May 20, 2026
At Swabhiman Pawan Nidhi Limited, we are committed to protecting the privacy and confidentiality of our shareholder-members' personal and financial data. As a Nidhi Company registered under Section 406 of the Companies Act, 2013, we adhere to the highest standards of data security and regulatory compliance.
This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you apply for membership, open deposit accounts, request secured loans, or interact with our web portal and physical branches.
1. Information We Collect
To provide financial services and fulfill our legal and statutory requirements under the Nidhi Rules, 2014, we collect:
- Identity Information: Full name, date of birth, gender, photograph, and signatures.
- KYC Documents: PAN card, Aadhaar card, Voter ID, Passport, or other government-issued identity documents.
- Contact Details: Residential address, billing address, phone numbers, and email addresses.
- Financial & Shareholding Data: Registered account numbers, transaction histories, share allotment details, and details of assets offered as collateral (such as gold ornaments or property papers).
- Digital Usage Info: IP address, device specs, browser details, and portal logs recorded when you visit our website.
2. How We Use Your Information
We process your personal information to deliver our financial products and comply with legal frameworks:
- To verify identity and process membership/shareholder applications under Nidhi Rules.
- To open and maintain Savings, Fixed, and Recurring Deposit accounts.
- To assess eligibility and process secure loan requests (Gold Loans, Property Mortgage Loans).
- To comply with statutory reporting and audits mandated by the Ministry of Corporate Affairs (MCA) and other regulators.
- To send operational updates, transaction statements, interest payout notifications, and annual general meeting (AGM) invites.
3. Information Sharing and Disclosure
We do not sell or lease your personal information to third parties. We share your information only in the following limited situations:
- Regulatory & Legal Authorities: With the Ministry of Corporate Affairs (MCA), Registrar of Companies (ROC), tax authorities, or law enforcement agencies when required by law or judicial process.
- Service Providers: With trusted digital hosts, SMS gateway providers, and core-financial software vendors who process information under strict non-disclosure pacts.
- Credit Assessment: With approved credit bureaus, valuer services, and auditors strictly for secured lending verifications.
4. Data Security and Retention
We safeguard your information through:
- Secure Socket Layer (SSL) encryption for all online transaction channels.
- Restricted administrative access where only authorized staff have access to KYC and financial accounts.
- Regular compliance audits to detect potential network vulnerability risks.
We retain your information as long as you maintain a member status with us and as required under tax and corporate bookkeeping laws.
5. Your Legal Rights
As a shareholder-member of Swabhiman Nidhi, you have the right to:
- Request access to your personal details and shareholding ledger.
- Request correction of outdated or incorrect contact details and KYC records.
- Revoke marketing consent (operational and statutory alerts cannot be opted-out).
6. Contact Privacy Officer
If you have any questions, concerns, or grievances regarding this Privacy Policy, please contact our Compliance Officer:
Officer Name: Grievance Redressal Officer
Email: compliance@gmail.com
Address: 1st Floor, Office No 11, B Wing Smital Avenue, Hatkesh Road, NR Gold Star Bldg, Opp NJ Paradise, Mira Road(E), Thane, Maharashtra - 401107
Phone: +91 9987020848