Privacy Policy 

Privacy Policy

Effective Date: 10th Feb 2026

The Website and the brand “LOAN ASAP” are owned and operated by Finovax Financial Services Private Limited, a company incorporated under the laws of India, having its registered office at Floor No.: 5th floor, Flat No.: Flat No 506, Babukhans Millennium Centre, Raj Bhavan Road, Somajiguda, Hyderabad, Telangana- 500082, hereinafter referred to as “Company,” “we,” “us,” or “our.” Finovax Financial Services Private Limited operates as a loan facilitation platform connecting prospective borrowers with its network of partner banks and Non-Banking Financial Companies (“NBFCs”), and does not itself act as a lender. All loan products, interest rates, eligibility criteria, and approvals are solely at the discretion of the respective lending partner and are subject to their terms and conditions.

We respects your privacy and is committed to protecting your personal data. This Privacy Policy explains how we collect, use, share, store, and protect your information when you visit or use www.loanasap.in (“Website”).

By accessing or using this Website, you agree to the collection and use of information in accordance with this Privacy Policy.

  1. Who We Are

LOAN ASAP is a loan facilitation and financial services platform based in Hyderabad, India, connecting users with banks, NBFCs, and other regulated financial institutions.

LOAN ASAP does not itself provide loans. We act as a facilitator and technology platform.

  1. Scope of This Policy

This Privacy Policy applies to:

  • Website visitors
  • Users submitting loan inquiries or lead forms
  • Users interacting with advertisements, including Meta (Facebook & Instagram)

This policy does not apply to third-party websites, lenders, or service providers linked from our Website. Their data handling is governed by their respective privacy policies.

  1. Information We Collect

3.1 Personal Information You Provide

When you submit forms or contact us, we may collect:

  • Full name
  • Mobile number
  • Email address
  • City / location
  • Employment or business details
  • Income range (if provided voluntarily)
  • Loan requirement details

⚠️ We do not knowingly collect sensitive personal data unless required for loan processing and explicitly consented by you.

3.2 Information Collected Automatically

When you visit our Website, we automatically collect:

  • IP address
  • Device type & browser
  • Operating system
  • Pages visited and time spent
  • Referring URLs

This data is collected using cookies, pixels, and similar tracking technologies.

  1. Cookies, Tracking & Meta Pixel

We use:

  • Cookies
  • Meta Pixel
  • Conversion APIs
  • Analytics tools

These help us:

  • Measure ad performance
  • Improve user experience
  • Show relevant advertisements

You may control cookies through your browser settings. Disabling cookies may affect website functionality.

  1. Legal Basis for Processing (GDPR)

We process personal data based on:

  • Your consent (form submissions, marketing communications)
  • Performance of a contract (processing loan inquiries)
  • Legal obligations
  • Legitimate interest (fraud prevention, analytics, service improvement)
  1. How We Use Your Information

We use your data to:

  • Contact you regarding loan products
  • Share your details with partner lenders (with consent)
  • Provide customer support
  • Improve our website and services
  • Comply with legal and regulatory requirements
  • Run targeted advertising campaigns (Meta & Google)
  1. Sharing of Information

We may share your data with:

  • Banks, NBFCs, and financial partners
  • Technology and CRM service providers
  • Advertising platforms (Meta, Google)
  • Legal or regulatory authorities when required

We do not sell personal data.

All partners are required to follow confidentiality and data protection standards.

  1. International Data Transfers

Some service providers may process data outside India. In such cases, we ensure appropriate safeguards in compliance with GDPR and DPDP Act.

  1. Data Retention

We retain personal data only for as long as necessary:

  • To fulfill the purpose collected
  • To comply with legal and regulatory requirements

After this period, data is securely deleted or anonymized.

  1. Your Rights

Under GDPR & DPDP Act, you have the right to:

  • Access your personal data
  • Correct inaccurate data
  • Withdraw consent at any time
  • Request deletion of your data
  • Restrict or object to processing
  • Lodge a complaint with a data protection authority

To exercise your rights, contact us at mail@loanasap.in

  1. Data Security

We implement:

  • SSL encryption
  • Restricted access controls
  • Secure servers
  • Regular monitoring

Despite best efforts, no system is 100% secure. Users share information at their own risk.

  1. Children’s Privacy

Our services are intended for users 18 years and above. We do not knowingly collect data from minors.

  1. Changes to This Policy

We may update this Privacy Policy from time to time. Updated versions will be posted on this page with a revised effective date.

  1. Grievance Officer & Contact Details

Grievance Officer / Data Protection Contact: LOAN ASAP
Hyderabad, Telangana, India
📧 Email: mail@loanasap.in

Call:+91 98855 56111