SJA Micro Foundation
Effective Date: 01-08-2025
1. Introduction
SJA Micro Foundation ("we," "our," "us") is a not-for-profit company registered under Section 8 of the Companies Act, 2013. We provide small-value unsecured loans to individuals and self-help groups to promote financial inclusion. We comply with relevant provisions of the Reserve Bank of India (RBI) guidelines applicable to Microfinance Institutions (MFIs) for Section 8 Companies. As a Section 8 Microfinance company SJA Micro Foundation is exempted from RBI Registration Certificate.
2. Data We Collect
• Personal information: Name, contact details, Aadhaar/PAN, address, bank account details.
• Financial information: Loan application details, repayment history, income and occupation details.
• Device & website usage data for analytics and security.
3. Purpose of Data Collection
• Loan assessment and processing.
• KYC verification as per applicable laws.
• Communication regarding loan status, repayment reminders, and customer support.
• Compliance with statutory and regulatory obligations.
4. Data Sharing & Disclosure
• We do not sell or rent your data.
• Information may be shared with auditors, credit bureaus, or regulators as per law.
• Service providers handling your data are contractually bound to confidentiality.
5. Borrower Data Protection
• Loan terms are communicated in a clear and simple language.
• Borrowers receive a loan sanction letter containing details of interest, fees, repayment schedule, and grievance redressal contact.
6. Data Security
We implement strict security measures to protect personal data from unauthorized access, loss, or misuse.
7. Grievance Redressal
For data privacy concerns:
Grievance Officer: Sariputra Wankhede
Email: connect.sjaoffice@gmail.com
Questions?
If you have any questions about our privacy practices, please feel free to contact us.
Help Dialog Content:
This is the Privacy Policy section. Here you can review how we handle your data. If you have further questions, please contact support.