Privacy Policy

LEASIT ("we," "us," or "our") is committed to protecting and respecting your privacy. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our asset leasing platform and related services.

By using our services, you consent to the data practices described in this policy. If you do not agree with the practices described in this policy, you should not use our services.

Personal Information

We collect personal information that you provide directly to us, including:

• Name, email address, phone number, and business address
• Business registration details, GST information, and PAN details
• Financial information including bank statements and credit history
• Identity verification documents and photographs
• Employment and income information

Business Information

For business leasing applications, we collect:

• Company registration and incorporation documents
• Financial statements and tax returns
• Business licenses and permits
• References from vendors, customers, or business partners
• Equipment specifications and usage requirements

Technical Information

We automatically collect certain technical information, including:

• IP address, browser type, and operating system
• Pages visited, time spent on our website, and referral sources
• Device information and mobile identifiers
• Cookies and similar tracking technologies
• Location data (with your permission)

We use the collected information for the following purposes:

Service Delivery

• Process and evaluate leasing applications
• Conduct credit checks and risk assessments
• Manage lease agreements and payments
• Provide customer support and account management
• Arrange equipment delivery and maintenance

Communication

• Send application updates and lease notifications
• Provide customer service and technical support
• Share important policy and service changes
• Send marketing communications (with your consent)
• Conduct surveys and collect feedback

Legal and Compliance

• Comply with applicable laws and regulations
• Prevent fraud and unauthorized access
• Enforce our terms of service and policies
• Respond to legal requests and court orders
• Protect our rights and the rights of others

We may share your information in the following circumstances:

Service Providers

We share information with trusted third-party service providers who assist us in operating our business, including credit bureaus, verification services, payment processors, equipment vendors, and IT service providers.

Legal Requirements

We may disclose information when required by law, court order, or government regulation, or when we believe disclosure is necessary to protect our rights, prevent fraud, or ensure safety.

Business Transfers

In the event of a merger, acquisition, or sale of assets, your information may be transferred as part of that transaction, subject to the same privacy protections.

Consent

We may share information with your explicit consent or at your direction, such as when you authorize us to share information with your accountant or advisor.

We implement comprehensive security measures to protect your information:

• 256-bit SSL encryption for all data transmission
• Multi-factor authentication for account access
• Regular security audits and penetration testing
• Employee training on data protection and privacy
• Secure data centers with physical access controls
• Regular backups and disaster recovery procedures

Despite our security measures, no method of transmission over the internet or electronic storage is 100% secure. We cannot guarantee absolute security but continuously work to protect your information.

You have the following rights regarding your personal information:

• Access: Request copies of your personal information
• Correction: Request correction of inaccurate information
• Deletion: Request deletion of your information (subject to legal obligations)
• Portability: Request transfer of your information to another service
• Objection: Object to processing for marketing purposes
• Withdrawal: Withdraw consent for specific data processing

To exercise these rights, please contact us at privacy@leaseit.in. We will respond to your request within 30 days.

We use cookies and similar technologies to:

• Remember your preferences and login information
• Analyze website usage and improve our services
• Provide personalized content and advertisements
• Ensure website security and prevent fraud

You can control cookies through your browser settings. However, disabling cookies may affect the functionality of our services.

We retain your information for as long as necessary to:

• Provide our services and maintain your account
• Comply with legal and regulatory requirements
• Resolve disputes and enforce our agreements
• Prevent fraud and abuse

Lease-related information is typically retained for 7 years after the lease ends, in compliance with financial regulations. Marketing information is retained until you opt out or request deletion.

We may update this Privacy Policy periodically to reflect changes in our practices or applicable laws. We will notify you of material changes by email or through our website. Your continued use of our services after such notification constitutes acceptance of the updated policy.

Contact Us

If you have questions about this Privacy Policy or our data practices, please contact us:

• Email: privacy@leaseit.co.in
• Phone: +91 98765 43210
• Address: LeaseIt Privacy Officer, 1234 Business District, MG Road, Bangalore - 560001, Karnataka, India