Our Commitment

MADHU FINANCIAL is strongly committed to your right to privacy and to keeping your personal and financial information secure. To earn your trust and confidence in our commitment, we are fully disclosing our privacy practices. We encourage you to read our privacy statement to understand what type of data we collect from the user and how we use these information in our app or share with third party (if any).

App features and service scope

Our app is a Financial Product Distribution app which enables the user to get On Boarded on SEBI approved platforms like NSE NMF II, BSE Star MF, MF Utilities, Signzy etc to make online transactions through these platforms. MADHU FINANCIAL is registered with these platforms and is authorised to use their API documents. It uses the API of such third party platforms. The products we distribute are called Financial products like- Mutual Funds, Fixed Deposits etc. In the whole process of distribution, MADHU FINANCIAL do not accept any money, fees or Funds in their own name. MADHU FINANCIAL is a registered distributor at AMFI (All India Mutual Fund Association) vide number - ARN: 6965 and it follows all the defined code of conducts laid down by the AMFI.

MADHU FINANCIAL and its service partners use your personally identifiable information to operate the sites and services and to inform you of new features, services, and products from MADHU FINANCIAL and its affiliates.

MADHU FINANCIAL may also carefully select other companies to send you information about their products or services which are related to the site's service but are not necessary to its operation (an "Extended Service"). If MADHU FINANCIAL intends to use personally identifiable information for an Extended Service, the MADHU FINANCIAL site will provide you with the ability and requisite instructions to decline this service. You may also stop the delivery of informational or promotional mail from MADHU FINANCIAL by following the instructions on the mail.

MADHU FINANCIAL may disclose personally identifiable information if required to do so by law or in the good-faith belief that such action is necessary to (i) conform to the ethics of the law or comply with legal process served on the site or its owners; (ii) protect and defend the rights or property of the site-owners, the site or the users of MADHU FINANCIAL, and (iii) act under exigent circumstances to protect the personal safety of users of MADHU FINANCIAL, the site, its owners, or the public.

However, if your privacy has been intruded as a result of participating in such features, you could notify us by e-mail at lappulic@yahoo.co.in.

Advertisements

We do not provide any third party advertisement in the app. All the information are related to customer services

Information collected by MADHU FINANCIAL and how it is used

Our app collects certain type of users data and also share it with third party through API for enabling the required features of the app like – customer onboarding, Online Transaction etc. Such data is shared securely through their API, under the regulatory framework of like- NSE NMF II, BSE Star MF, MF Utilities, Signzy etc to make online transactions through these platforms. All such data are encrypted in transit. To help users better understand our app's privacy, security, and data handling practices we are providing these information. All such type of user data collected or shared is explained below :

SNo	Data collected	Used by our App? (Y/N)	Shared with third party? (Y/N)
1	Name	Yes For App functionality, Fraud prevention, security, and compliance, Account management	Yes Shared with NSE NMF II, only if user choses to create a transaction account with NSE NMF II Platform Shared with BSE Star MF, only if user choses to create a transaction account with BSE Star MF platform Shared with MF Utilities, only if user choses to create a transaction account with MF Utilities Platform Shared with Signzy, only if user choses to accomplish Video KYC through our app
2	Email address	Yes For App functionality, Fraud prevention, security, and compliance, Account management	Yes Shared with NSE NMF II, only if user choses to create a transaction account with NSE NMF II Platform Shared with BSE Star MF, only if user choses to create a transaction account with BSE Star MF platform Shared with MF Utilities, only if user choses to create a transaction account with MF Utilities Platform Shared with Signzy, only if user choses to accomplish Video KYC through our app
3	Postal Address	Yes For App functionality, Fraud prevention, security, and compliance, Account management	Yes Shared with NSE NMF II, only if user choses to create a transaction account with NSE NMF II Platform Shared with BSE Star MF, only if user choses to create a transaction account with BSE Star MF platform Shared with MF Utilities, only if user choses to create a transaction account with MF Utilities Platform Shared with Signzy, only if user choses to accomplish Video KYC through our app
4	User IDs ( Bank Account Number, Bank Name, Branch, IFSC Code, Account Holders Name)	Yes For App functionality, Fraud prevention, security, and compliance, Account management	Yes Shared with NSE NMF II, only if user choses to create a transaction account with NSE NMF II Platform Shared with BSE Star MF, only if user choses to create a transaction account with BSE Star MF platform Shared with MF Utilities, only if user choses to create a transaction account with MF Utilities Platform Shared with Signzy, only if user choses to accomplish Video KYC through our app
5	Phone number	Yes For App functionality, Fraud prevention, security, and compliance, Account management	Yes Shared with NSE NMF II, only if user choses to create a transaction account with NSE NMF II Platform Shared with BSE Star MF, only if user choses to create a transaction account with BSE Star MF platform Shared with MF Utilities, only if user choses to create a transaction account with MF Utilities Platform Shared with Signzy, only if user choses to accomplish Video KYC through our app
6	Financial Info ( Approximate Annual Income , Approximate Networth)	Yes For App functionality, Fraud prevention, security, and compliance, Account management	Yes Shared with NSE NMF II, only if user choses to create a transaction account with NSE NMF II Platform Shared with BSE Star MF, only if user choses to create a transaction account with BSE Star MF platform Shared with MF Utilities, only if user choses to create a transaction account with MF Utilities Platform Shared with Signzy, only if user choses to accomplish Video KYC through our app
7	Other info (PAN Card Number, Valid address proof like copy of Passport, Driving License etc, Occupation, DOB, Gender, Mothers Name, Fathers Name, Marital Status, Nominee Name(s), Guardian’s info in case of Minor)	Yes For App functionality, Fraud prevention, security, and compliance, Account management	Yes Shared with NSE NMF II, only if user choses to create a transaction account with NSE NMF II Platform Shared with BSE Star MF, only if user choses to create a transaction account with BSE Star MF platform Shared with MF Utilities, only if user choses to create a transaction account with MF Utilities Platform Shared with Signzy, only if user choses to accomplish Video KYC through our app
8	Images	Yes If the user decides to create a transaction account with either NSE, BSE, or MFU we need images or photos of the canceled cheque. If the user decides to complete Video KYC with our app, we need images or photos of his PAN and Address proof.	Yes Shared with NSE NMF II, only if user choses to create a transaction account with NSE NMF II Platform Shared with BSE Star MF, only if user choses to create a transaction account with BSE Star MF platform Shared with MF Utilities, only if user choses to create a transaction account with MF Utilities Platform Shared with Signzy, only if user choses to accomplish Video KYC through our app
9	Photos (Selfie, Cancelled cheque, Address proof etc)	Yes If the user decides to create a transaction account with either NSE, BSE, or MFU we need images or photos of the canceled cheque. If the user decides to complete Video KYC with our app, we need images or photos of his PAN and Address proof.	Yes Shared with NSE NMF II, only if user choses to create a transaction account with NSE NMF II Platform Shared with BSE Star MF, only if user choses to create a transaction account with BSE Star MF platform Shared with MF Utilities, only if user choses to create a transaction account with MF Utilities Platform Shared with Signzy, only if user choses to accomplish Video KYC through our app
10	Videos	Yes For App functionality, Fraud prevention, security, and compliance, Account management	Yes Shared with Signzy, only if user choses to accomplish Video KYC through our app
11	Crash Logs	Yes For App functionality, Fraud prevention, security, and compliance, Account management	No

Other Websites

The MADHU FINANCIAL site contains links to other websites which are useful and important from users perspective. MADHU FINANCIAL is not responsible for the privacy practices or the content of any such websites.

Notify Us

If at any time you believe that MADHU FINANCIAL or its users/members have not adhered to these principles, please notify MADHU FINANCIAL by e-mail at: lappulic@yahoo.co.in

We will use all commercially reasonable efforts to promptly determine and correct the reported problem.