The Jackpot Fund application is provided by JACKPOT FINANCIAL CONSULTANTS PRIVATE LIMITED (“Jackpot Fund”, “our”, “we”, “Company”), with its registered office at 12, Iswar Dutta Lane 711101 Howrah West Bengal. Through the company, designated banks or financial institutions in collaboration with the Jackpot Fund will offer you their respective services ("Services").
Jackpot Fund, managed by JACKPOT FINANCIAL CONSULTANTS PRIVATE LIMITED and headquartered in Mumbai, has joined forces with Vaishali Securities Limited to deliver streamlined and compliant lending products alongside a range of financial services. This strategic partnership is dedicated to offering users reliable, transparent, and user-friendly credit solutions tailored to meet diverse financial needs effectively. By leveraging the expertise and resources of both organizations, the collaboration ensures that clients receive high-quality service and innovative financial products designed to enhance their borrowing experience.
To provide you with services through the Jackpot Fund application, we (the company) and our lending partners need to collect various data and information from you with your prior express consent. The manner in which we (the company) and our lending partners collect, retain, share, store, and process this data and information is described in this Privacy Policy (“Policy”). By setting up an account on this application, you agree to the processing, storage, use, and sharing of the data you provide in accordance with this Policy.
We may revise this Policy and update the Services and application from time to time, so please visit this page regularly to stay informed about any changes we make. If you disagree with any part of this Policy, please stop using our Services immediately. Also, read our Terms of Use (“Terms”), which describe the terms under which we provide services and the terms under which you may use our services.
You can learn more below about how we share information with our lending partners. Unless stated otherwise, this Policy applies to all our Services.
This Policy includes and incorporates our Terms as well as agreements you sign to use our services and those of our lending partners. Words and phrases not defined in this Policy have the same meanings as set forth in the Terms.
If you use services from any lending partner of the Company, then Section 1 of this Policy will apply to you.
1.What Data is Collected?
Summary: We, i.e., the lending partners, specify what data is collected and how it is collected.
By using the application, you consent to provide data to us and our lending partners in the following ways with prior express consent. We collect the data you provide to ensure that we can deliver services to you in the best possible way. Our lending partners use this data to underwrite (i.e., assess the risk they are taking) any potential loan offered to you and determine the rate for such loans. The data requested from you helps us and our lending partners provide services in a robust and user-friendly manner. We detail how we, our lending partners, and our joint lending partners collect data as follows:
1.1 Data Collection Methods: Data entered during registration and use of our services
1.2 Collected Data

AppList

In order to provide more accurate credit assessments and personalized services, we need to access information about the applications on your device. This will help us gain a comprehensive understanding of your spending habits, financial situation, and credit risk, enabling us to tailor credit products that best suit your needs. In order to ensure accurate credit assessment and considerate service, we need to obtain your application list information and fully understand your consumption habits, financial status and credit risks to customize the most suitable credit products. Only the application name and type are accessed and all data transmission is encrypted to ensure privacy and security.

Camera

In the JackpotFund app, we might request your assistance to kickstart the onboarding process by guiding you through completing the KYC (Know Your Customer) procedure. This could involve providing necessary documents to verify your personal information, taking photos to create profiles, or uploading required documents for loan applications. Any camera data captured will be securely uploaded to our app server, https://api.jackpotfinancials.com, and will be treated with utmost confidentiality. Rest assured, your data will not be used for any other purposes. You have the flexibility to revoke or re-authorize camera permissions at your convenience. Should you have any inquiries, feel free to reach out to our dedicated customer support team.

Device Information

Our application gathers and monitors a range of phone-related information, including hardware specifications, operating system details, serial numbers, user profiles, and mobile network data. This enables us to uniquely identify each device and safeguard against unauthorized access or actions on your behalf.

Location

To ensure smooth processing of your application and to make sure our services are accessible in your vicinity, we use location tracking. Rest assured, we only access your location when you're actively using the app, not when it's running in the background. Your privacy and security are of utmost importance to us.

1.3 Data Collected from Your Use of Our Services: Usage Data: We collect data about how you interact with our services. This includes data such as access dates and times, app features or pages viewed, app crashes, and other system activities.
2.How and Why is the Collected Data Used?
Summary: The company and lending partners collect and use data collected from you to ensure the services are as current as possible and delivered to you optimally.
2.1 Enable the Application and Its Services: We use the collected data to customize, maintain, and improve our services.
3. How Do We Share Collected Information?
Summary: Please note that while your data is not sold, it is shared with third parties under contract. Sharing this data is intended for information processing and ensuring you receive services. We do not engage in any data marketing contracts.
We highly value your data. We may enter into data-sharing agreements or disclose collected data to provide you with services and new products. We detail how we and our lending partners share the collected data as follows:
4. Retaining Your Personal Data
The company will retain data only for as long as necessary for the purposes outlined in this Privacy Policy. We will retain and use the data to the extent necessary to fulfill our legal obligations (for example, if we need to retain your data to comply with applicable laws), resolve disputes, and enforce our legal agreements and policies.
The company will also retain this data for internal analysis purposes. Usage data is generally retained for a shorter period, except when this data is used to strengthen security or improve our service features, or we are legally obligated to retain this data for longer periods.
We will retain borrower identity and address records obtained at account opening and during the course of the business relationship until the termination of such business relationship, retaining them for at least five years.
If you wish for us to delete your data from our records, you can write to us. We will ensure that your request is met, subject to any information retention requirements prescribed by applicable law.
5. Security of Personal Data
The security of your personal information is crucial to us. We strive to protect your personal information from any unauthorized use. To this end, Jackpot Fund has implemented measures such as internal reviews of data collection, storage, and processing practices, as well as security measures including appropriate encryption and physical security measures to guard against unauthorized access to systems where your personal information is stored. Jackpot Fund has taken measures as prescribed by law to protect your information. We have implemented technical controls like firewalls, encryption, passwords, WAF, SOC, antivirus, etc., along with management controls like access management, log reviews, NDAs, etc., to better safeguard the information you provide.
Jackpot Fund or its lending partners do not store card details (card number, CVV, expiry date, etc.) on their servers.
Jackpot Fund may share information with other third parties under strict confidentiality/non-disclosure agreements but is not responsible for any security breaches by these third parties. Jackpot Fund is also not liable for any loss or damage incurred by you as a result of providing information to third parties.
Moreover, all suspicious transactions and/or any other types of transactions notified under the Prevention of Money Laundering Act, 2002, shall be reported to the relevant enforcement agencies to the best of our knowledge.
6. Your Consent
By submitting your personal information, you consent to our use of that information as detailed in this policy. You hereby expressly and irrevocably authorize Jackpot Fund/its partners/affiliates to collect, store, share, obtain, and verify any of your personal information/KYC directly or through any authorized agency, and disclose such information to our agents/contractors/service providers. Furthermore, this information may be used in such manner as required by Jackpot Fund/its partners/affiliates, including for granting credit facilities and for their business purposes, and for a period deemed fit by us. In this regard, you expressly and irrevocably authorize Jackpot Fund/its partners/affiliates to collect, use, authenticate, and verify your personal identification information/KYC in any manner they deem fit without requiring any further notice to you. Please email our Data Protection Department at contact@jackpotfinancials.com to request the withdrawal of your consent.
7. What Rights Do You Have Over Your Data?
Summary: We outline your rights and how you can exercise them in the table above.
It's important for us that you have control over your data. If you wish to exercise any of the rights granted to you under this policy, please write to us at contact@jackpotfinancials.com. You should have the following rights:
7.1 Your Rights
8. Children's Privacy
Our services are not directed towards children, and we do not knowingly solicit or collect personal information from individuals under the age of 18 (eighteen). If we become aware that a child has provided us with personal information, we will take steps to delete such information and terminate the associated Jackpot Fund account.
9. Communications from Us
We may contact you from time to time via phone calls, SMS, emails, and other communication channels to offer information about our services, notifications regarding updates to our services (when deemed necessary), educational information, and promotional information. If we need to temporarily suspend the application for maintenance, we will also notify you and keep you informed regarding security, privacy, or administrative communications. By setting up an account on Jackpot Fund, you agree to receive communications from us via phone calls, SMS, push notifications, or any other communication channels we consider appropriate.
10. Updates to This Notice
We may update this policy from time to time. Your continued use of our services after any update constitutes your consent to the updated notice, to the extent permitted by law. Please take the time to regularly review this policy for the latest information on our privacy practices.
11. Contact Information
Summary: You can contact us at contact@jackpotfinancials.com for confidential inquiries about how your data is processed.
Additionally, you may contact: For complaints related to services with lending partners, please email contact@jackpotfinancials.com