Privacy Policy

Effective Date: 02 Apr 2026

At DECONOMY, we are committed to protecting your personal data and respecting your privacy. This Privacy Policy outlines how we collect, use, and safeguard your information in compliance with the Information Technology Act, 2000, and the Digital Personal Data Protection Act (India).

1. Information We Collect

  • Identity Data: Name, Aadhar Number, PAN Card Number, and Live Selfie (collected strictly for KYC verification).
  • Financial Data: Bank Account Name, Account Number, IFSC Code, and Income Proof documents.
  • Contact Data: Email address and Phone number.
  • Technical Data: IP Address, browser type, and interaction logs within the platform.

2. How We Use Your Information

Your data is used exclusively to:

  • Verify your identity to prevent fraud and comply with regulatory guidelines.
  • Process your service applications (Debt Consultation, Startup Support).
  • Facilitate wallet transactions and process bank withdrawals securely.
  • Send critical status updates regarding your 90-120 days case progress.

3. Data Security

We implement robust, industry-standard security measures including Encrypted Passwords (BCRYPT), secure HTTPS connections, CSRF token validation, and restricted file-upload directories to prevent unauthorized access to your KYC documents. Your banking details are stored securely in our databases.

4. Data Sharing

We do not sell or rent your personal data to third-party marketers. We may share your data only when:

  • Legally required by Indian law enforcement agencies or regulatory bodies (e.g., RBI, MCA).
  • Required by our authorized legal/consulting partners actively working on your settlement or startup case.

5. Your Rights

You have the right to request access to the data we hold about you. However, to maintain financial and legal integrity, certain records (like past KYC submissions and transaction logs) must be retained by us even after account closure as per Indian financial regulations.

If you have any privacy-related concerns, contact us at support@deconomy.com.