Privacy Policy
  1. INTRODUCTION
  2. Ambit Finvest Private Limited (“Ambit Finvest”/ “AFPL”) is committed to protecting the privacy of the personally-identifiable information that we collect from you as you use this Website/ Mobile Applications/software applications and/or communication channels including but not limited to E-mail, SMS, WhatsApp, Tele calling, etc. (collectively as "Platforms") in order to facilitate and provide with the Services through the Platforms. The scope of our commitment is detailed in this privacy policy (the "AFPL Privacy Policy"). By submitting information on the Platforms, you agree to our use of such information as described herein.

    The Platforms are made available by Ambit Finvest, having its registered office at Ambit House, 449, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013, Maharashtra, India, and its principal place of business located at Kanakia Wall Street - 5th floor, A 506-510, Andheri-Kurla Road, Andheri East, Mumbai-400093 through which Ambit Finvest shall provide their respective services to you.

    The purpose of this AFPL Privacy Policy is to give you information on how Ambit Finvest collects, stores, uses, discloses, transfers and processes your Personal Information including “Sensitive Personal Information” such as;

    1. Name, date of birth, gender, telephone number, residential / correspondence address, marital status, email address or;
    2. Aadhaar, PAN, KYC Status, Signature and Photograph;
    3. Bank account or other payment instrument details
    4. Any other detail for providing services

    when: (a) you use our Platforms of any of our partner’s Platforms, or (b) you avail any products or services which we may operate or offer to you either directly through our Platforms or through any merchant Platforms; including the steps we take to protect your Personal Information. The term Websites includes all pages that are sub-domains or are associated with or exist within each Website/ Platforms.

    By accessing or using the Platforms and/or using products, (collectively the “Services”) provided by Ambit Finvest directly or indirectly, you agree that you have read and understood, and agree to be bound by this AFPL Privacy Policy. By using any of the Platforms, and/or having used the services offered by Ambit Finvest directly or indirectly, in the past, present or future, you expressly consent to our use and such disclosure, as may be required from time to time under applicable laws, of your Personal Information and Sensitive Personal Information submitted to us in accordance with this AFPL Privacy Policy. You further acknowledge and accept that your consent herein shall also be applicable to your Personal Information and Sensitive Personal Information submitted to us, directly or indirectly, in the past or while using our Platforms.

    Ambit Finvest retains all rights (including copyrights, trademarks, patents as well as any other intellectual property right) in relation to all information provided on or via this Platforms (including all texts, graphics and logos).

  3. NO DISCLOSURE OF PERSONALLY-IDENTIFIABLE INFORMATION TO THIRD PARTIES
  4. Personal Information, means and includes, all information that can be linked to a specific individual or to identity of any individual, including but not limited to, name, address, mailing address, telephone number, email ID, bank account details including details linked to credit/debit payment instruments, information about your mobile phone, any details that may have been voluntarily provided by the customer, whether to Unique Identification Authority of India ("UIDAI"), Credit Information Bureau of India Limited ("CIBIL") or any other agency including any other Credit Information Companies.

    Only with your express consent, we may access SMS, contacts and call logs in order to enable us to provide services which require access to such data for some of the services on Ambit Finvest’s Platforms and make the use of these and other services more seamless for you. Information obtained with consent from your mobile device may include information like device location, device information (including storage, model, installed apps, Wi-Fi, mobile network) transactional and promotional SMS, communication information including contacts, call logs or any other information as we may collect in the process.

    AFPL use personal information to provide you with loan you explicitly requested for, to resolve disputes, troubleshoot concerns, help promote safe services, assess your interest in our services, inform you about offers, products, services, updates, customize your experience, detect and protect us against errors, fraud and other criminal activity, enforce our terms and conditions, etc. AFPL may also use your personal information to communicate to you various information and/or offers regarding existing products and services and/or various services/facilities which Ambit Finvest or its group companies may, from time to time, launch. AFPL may occasionally ask you to complete optional online surveys. These surveys may ask you for contact information and demographic information (like pincode, age, gender, etc.). We use this data to customize your experience at Ambit Finvest. The information collected shall be used for the purpose for which it has been collected.

    AFPL will not voluntarily disclose your personal information to any third party but in exceptional circumstances, we may do so if we are required by a court order, by Government Authorities, by law enforcement authorities or by other legal processes or where it becomes necessary or appropriate in order to comply with laws to protect the rights or property of AFPL and/or its group companies/affiliates, etc. AFPL may also disclose your information to any of our partners or to a third party as part of a merger or transfer or any restructuring.

    AFPL may occasionally invite selected third parties to participate in offers we feel would be attractive to customers of Ambit Finvest. If you desire Ambit Finvest to limit such sharing whereby you would not like to be informed of offers available you may contact us at email address to unsubscribe to such services. Otherwise, Ambit Finvest will use the customer/user information to improve the visitor experience on the Platforms and make subsequent offers to the visitor on products which may be of interest to him/her.

    Notwithstanding whether your telephone/mobile is registered with National Do Not Call Registry and or notwithstanding the Telecom Regulatory Authority of India restrictions/guidelines on unsolicited telecalls, by your accessing this Platforms fully or in an incomplete manner or by enquiring/verifying any of the products/services offered by Ambit Finvest and or your making a request to call back, it is deemed that you have expressly authorized Ambit Finvest to call back or send you text messages or use Chatbots for solicitation and procurement of various products and services of Ambit Finvest. In this regard you shall not have any complaint nor complain to Telecom Regulatory Authority of India as to any alleged unsolicited calls by Ambit Finvest to you.

  5. COOKIES
  6. A "cookie" is a small piece of information stored by a web server on a web browser so it can be later read back from that browser. Ambit Finvest uses cookies and tracking technology depending on the features offered. No personal information/ data/details will be collected via cookies and other tracking technology; however, if you previously provided personally identifiable information, cookies may be tied to such information. Aggregate cookie and tracking information may be shared with third parties.

    Do help us protect your privacy by maintaining the secrecy of the username and password you use for any of our services.

  7. CHANGES TO THIS PRIVACY POLICY
  8. Due to changes in legislation or enhancements to functionality and content on the Platforms, Ambit Finvest may make changes or update this AFPL Privacy Policy or any other of our policies/practices at any time without giving any prior notification; hence, you are requested to review the AFPL Privacy Policy periodically, to make sure that you are aware of any such changes. This AFPL Privacy Policy shall apply uniformly to Ambit Finvest Platforms or any other media used by Ambit Finvest for its services. Any changes or updates will be effective immediately upon posting the same on our web site at https://finvest.ambit.co

  9. CONSENT
  10. You consent to:

    1. the collection and use of the information you disclose to Ambit Finvest in accordance with this AFPL Privacy Policy, including but not limited to your consent for sharing your information as per this AFPL Privacy Policy;
    2. disclose all the information and data furnished by you to receive information from Central KYC Registry/third parties including but not limited to vendors, outsourcing agencies, business correspondents, co-lenders, business affiliates etc. for analyzing, processing, report generation, storing, record keeping or to various credit information companies/ credit bureaus e.g. Credit Information Bureau (India) Ltd (CIBIL), or to information utilities under the Insolvency and Bankruptcy Code 2016 through physical or SMS or Email or any other mode;
    3. receiving communication and/or offers, through any or all channels including but not limited to SMS, WhatsApp, E-mail, Tele-calling, Letters etc. regarding existing products and services of AFPL and/or various services/facilities which Ambit Finvest or its group companies may launch from time to time.
  11. DISCLAIMER
  12. Kindly note that Ambit Finvest does not collect personal information about individuals except when such individuals specifically provide such information on a voluntary basis. Upon such voluntary disclosure of personal information, we may further verify, collate or receive information about you from publicly and commercially available sources (as permitted by law), which we may combine with other information we receive from you. AFPL may also receive information about you from third-party social networking services if you are already connected with those services. Ambit Finvest shall, at all times, ensure to implement reasonable security practices and procedures (such as managerial, operational, physical and technical) for the purpose of protection and safeguarding of your personal data and information as the same is of vital importance to Ambit Finvest. At Ambit Finvest, we are strongly committed to protecting the personal and financial information that you submit to us. Personal information of individual users will not be sold or otherwise transferred to unaffiliated third parties without your approval at the time of collection. However, please note that although AFPL take reasonable steps to protect your information, no Platforms, internet transmission, computer system or wireless connection is completely secure.

    Ambit Finvest shall ensure to safeguard the security and confidentiality of any information you share with us. Any of your personally identifiable information obtained by us shall not be used or shared other than for the purposes to which you consent. However, despite our utmost efforts to protect your personal information, Ambit Finvest cannot warrant the security of any information you transmit to us through our Platforms. By accepting this AFPL Privacy Policy, you accept that such transmission of your personal information is done at your own risk.

    Your information/inputs/queries as a registered user are required to serve you better and the same shall not be shared with anyone without your consent. However, we may disclose your personal data to agents or contractors of Ambit Finvest and/or its group companies/affiliates to enable processing of transactions or communications with you on need basis. Your aforesaid information may be further used for assessment and analysis of our market, customers, products, and services and to understand the way people use our services so that we can improve them and develop new products and services. However, it shall be on the basis that the agents are required to keep the information confidential and will not use the information for any other purpose other than to carry out the services they are performing for Ambit Finvest and/or its group companies/affiliates.

    None of AFPL or any other person or employee accepts any liability whatsoever for any loss howsoever arising from any use of the Platforms or its contents or otherwise arising in connection therewith.

  13. NO CONTRACTUAL OBLIGATION
  14. Please note that this AFPL Privacy Policy does not create any contractual or other legal rights in or on behalf of any party, nor is it intended to do so.

REGULATORY INFORMATION


X

Beware! Save yourself from cyber fraud!

Dear Customer,

As you are aware that there is serious outbreak of COVID-19 across the world. Like you, we at Ambit Finvest Private Limited (“AFPL”) are watching the situation with deep concern and are constantly monitoring the uncertainty arising due to COVID-19. With the situation worsening with each passing day, AFPL has taken proactive measures to ensure uninterrupted services.

Customers are advised in their own interest not to disclose any confidential information related to their Bank Account no., ATM card, PIN, TPIN, CVV no. & UPI details over phones or SMS or e-mails, and KYC’s no matter how convincing / appealing such calls, emails may be as these could be the attempts made to fraudulently withdraw money from your accounts.

Further, we would like to advise our customer that AFPL never makes phone calls or sends e-mails or SMS asking its customers to disclose their personal /security information such as username, password, OTP, Card/PIN/CVV no, UPI details for any refunds, or any other case.

For any further information or clarification or incase if you find any such instances you may write to us at: info.retail@ambit.co for SME finance products

We encourage you to stay safe and healthy. Assuring you of the best services at all times.

Apply Now - Please fill in your Details

Apply Now - Please select a loan option

Nach Mandate - Please fill in your Details