Privacy Policy
At MPV Chit Funds, we are committed to protecting your privacy and ensuring the security of your personal information.
MPV Chit Funds Private Limited (“MPV Chits,” “Company,” “we,” “our,” or “us”) respects your privacy and is committed to safeguarding the personal and financial information you share with us. This Policy describes how we collect, use, disclose, and protect information through our chit-fund operations, website (www.mpvchitfunds.com), mobile applications, electronic messages (including RCS, SMS, e-mail, WhatsApp), and in-person interactions.
1Information We Collect
We may collect the following categories of information:
- Personal Information – Name, date of birth, contact details, KYC documents, and bank details.
- Transactional Information – Chit membership details, bids, receipts, and disbursement records.
- Digital Interaction Data – Device identifiers, IP addresses, and message contents.
2Purpose of Collection and Use
We process your data to manage chit operations, comply with the Chit Funds Act, 1982, prevent fraud, improve customer experience, and provide legitimate business communications.
3Disclosure of Information
Information may be disclosed to regulatory bodies, service providers, and auditors as required by law. We do not sell or rent your data to third parties.
4Data Storage and Retention
Data is securely stored on servers in India and retained as per legal requirements. Afterward, it is deleted or anonymized in compliance with applicable data protection norms.
5Security Measures
We employ encryption, limited access controls, and regular audits to safeguard your data. However, please note that no system is completely secure.
6Your Rights
You may request access, correction, or deletion of your data and withdraw consent by emailing us at info@mpvchitfunds.com.
7Cookies and Online Tracking
Cookies may be used to analyze website traffic and enhance user experience. You may disable cookies in your browser settings at any time.
8Third-Party Links
Our website may contain links to third-party sites. MPV Chits is not responsible for the privacy practices or content of such websites.
9Policy Updates
We may update this Privacy Policy from time to time. Any revisions will be posted on this page.
10Contact
Data Protection Officer
MPV Chit Funds Private Limited
M13/D, Housing Unit Cross Street-1,
Mettupalayam - 641 301
Email: info@mpvchitfunds.com