Privacy Policy for Stocknap

Effective Date: November 27, 2024

Stocknap ("we," "our," or "us") is committed to protecting your privacy. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our mobile application (the "App"). This policy is drafted in accordance with the Digital Personal Data Protection Act, 2023 (DPDP Act) of India.

1. Data We Collect

We collect the following personal data based on your consent:

  • Identity Data: Full Name.
  • Contact Data: Email address, Phone number.
  • Authentication Data: Password (encrypted).
  • Device Data: SMS messages (only for OTP verification purposes, with explicit permission).

2. Purpose of Data Collection

We use your data for the following purposes:

  • To register and manage your account.
  • To verify your identity via Email or SMS OTP.
  • To provide customer support and respond to your inquiries.
  • To comply with legal obligations.

3. Consent

By creating an account, you explicitly consent to the collection and use of your personal data as described in this policy. You have the right to withdraw your consent at any time by contacting us or deleting your account.

4. User Rights

Under the DPDP Act, you have the following rights:

  • Right to Access: You can request a summary of your personal data processed by us.
  • Right to Correction: You can update or correct your personal data in the Profile section.
  • Right to Erasure: You can request the deletion of your account and personal data.
  • Right to Grievance Redressal: You can contact our Grievance Officer for any privacy concerns.

5. Data Security

We implement reasonable security practices and procedures to protect your personal data from unauthorized access, misuse, or disclosure.

6. Grievance Redressal

For any grievances or questions regarding this policy, please contact:

Grievance Officer: [Name]
Email: admin@rachana.finance
Address: 42251 Prestige Tech Park, Sarjapur, Bangalore 560035

7. Changes to This Policy

We may update this Privacy Policy from time to time. We will notify you of any changes by posting the new Privacy Policy on this page.