Privacy Policy

Last updated: June 2026

At Al-Khair Islamic Finance, your privacy is important to us. This Privacy Policy explains what personal information we collect, how we use it, and how we protect it when you use our website or services.

1. Information We Collect

We may collect the following types of information:

• Personal Identification: Name, date of birth, Aadhaar number, PAN number.
• Contact Details: Mobile number, email address, residential address.
• Financial Information: Monthly income, employment details, bank statements (collected only as required for loan processing).
• Usage Data: IP address, browser type, pages visited, and time spent on our website (collected automatically via cookies).
• Communication Records: Messages, calls, and WhatsApp interactions with our team.

2. How We Use Your Information

The information collected is used to:

• Process and evaluate your loan application.
• Verify your identity and check eligibility.
• Share your information with partner banks and NBFCs for loan processing.
• Contact you regarding your application, status updates, or offers.
• Improve our website experience and services.
• Comply with legal and regulatory obligations.

3. Sharing of Information

We do not sell your personal data to third parties. We may share your information with:

• Partner banks and NBFCs for loan processing purposes.
• Credit bureaus (CIBIL, Experian, etc.) as part of the loan verification process.
• Government or regulatory authorities when required by law.
• Service providers (e.g., SMS, email platforms) strictly for communication purposes.

4. Data Security

We implement reasonable technical and organisational measures to protect your personal data from unauthorised access, disclosure, alteration, or destruction. However, no method of transmission over the internet is 100% secure, and we cannot guarantee absolute security.

5. Cookies

Our website uses cookies to enhance your browsing experience. Cookies help us understand how visitors use our site so we can improve it. You may disable cookies via your browser settings; however, some features of the website may not function properly without them.

6. Retention of Data

We retain your personal information for as long as necessary to fulfil the purposes outlined in this policy, or as required by applicable laws and regulations. Once no longer needed, data is securely deleted or anonymised.

7. Your Rights

You have the right to:

• Access the personal data we hold about you.
• Request correction of inaccurate data.
• Request deletion of your data (subject to legal obligations).
• Withdraw consent for marketing communications at any time.

To exercise any of these rights, contact us at info@alkhaircooperative.in.

8. Third-Party Links

Our website may contain links to third-party websites. We are not responsible for the privacy practices or content of those websites. We encourage you to read their privacy policies independently.

9. Children's Privacy

Our services are not directed to individuals under the age of 18. We do not knowingly collect personal data from minors. If you believe a minor has submitted personal information to us, please contact us immediately.

10. Changes to This Policy

We may update this Privacy Policy from time to time. Any changes will be posted on this page with an updated revision date. Continued use of our services after changes are posted constitutes your acceptance of the updated policy.

11. Contact Us

For any privacy-related concerns, write to us at info@alkhaircooperative.in or call 9163921883. Our office is located in Aurangabad (Chhatrapati Sambhajinagar), Maharashtra, India.