Privacy Policy
Studynpay Private Limited — 100% RBI DLG-2022 compliant
Last Updated: 1 January 2025
Studynpay Private Limited (“Company”, “We”, “Us”, “Our”) operates an online
platform that helps students compare, apply and connect with partnered financial
institutions for education loans. This Privacy Policy explains how we collect,
use, store and protect your personal information.
1. Information We Collect
- Name, mobile number, email address
- Date of birth, residential address, ID proof details
- Academic and educational information
- Loan requirement and financial details
- Device information, IP address, browser data
- Documents uploaded voluntarily by the user
2. How We Use Your Information
- Process and evaluate your loan application
- Connect you with partnered NBFCs and Banks
- Verify identity and submitted documents
- Provide customer support and communication
- Improve platform functionality and user experience
- Meet legal and regulatory compliance requirements
3. Sharing of Information
We may share your information strictly on a need-to-know basis with:
- Partnered NBFCs and Banks
- Third-party service providers (KYC, verification, analytics)
- Government or law enforcement agencies when legally required
We do not sell or rent your personal data to any third party.
4. Cookies
We use cookies and similar technologies to analyze traffic and enhance user experience.
5. Data Security
We implement industry-standard security practices including SSL encryption, restricted access controls, and secure servers to protect your data.
6. User Rights
- Request correction of inaccurate data
- Request deletion of your personal data
- Withdraw consent at any time