Privacy Policy

This Privacy Policy lays down the norms for that govern the use, disclosure and sharing of personal information about the registered users of www.olcinvest.com. “OLC Invest” are properties owned by OLC Technologies Private Limited.

This privacy policy sets out how OLC Invest and OLC Technologies Pvt. Ltd. uses and protects any information that you share when you use this website. OLC Technologies Pvt. Ltd. is committed to ensuring that your privacy is protected at all times. Should we ask you to provide certain information by which you can be identified when using this website, you can be assured that it will only be used in accordance with this privacy statement.

OLC Technologies Pvt. Ltd. may change this policy from time to time by updating this page. This policy is effective from June 1,2021.

SECURITY OF YOUR INFORMATION

Registering for a service on our website requires the creation of a Login ID and Password by you to ensure the privacy and security of the information you provide. Your Login ID and Password are the primary means to access our services and website, and hence as a security feature, our website requires creation of a password that meets certain complex requirements. We recommend and require that you keep your Login ID and Password confidential. Further, we recommend that you change your password periodically. We shall not be responsible for any unauthorized access to your account if you share your Login ID and Password with anyone or as a consequence of a violation of this Privacy Policy or the Website’s Terms of Use.

Every time you login to our website, we use the latest authentication and encryption protocols (TLS 1.2) along with session time outs, firewalls to protect your account from unauthorized access. Your password information is not accessible to anyone including us and can only be changed/updated by you using Email Id.

What we collect

We may collect the following information:

• Name and contact details
• Personal information, including date of birth, Address, and Permanent Account Number (PAN), Bank Account Details and relevant proofs of the same
• Demographic information such as gender and income

Further, this information is primarily collected for regulatory compliance with applicable laws in order to enable and/or activate your account with AMCs and to enable you to conduct online transactions.

What we do with the information we gather

• To conduct Know-Your-Customer registration as required by SEBI and/or other regulatory bodies
• To perform compliance checks and keep/maintain internal records
• To periodically send emails to your registered email address about your investments, or other information which we think you may find interesting.

You will be free to unsubscribe from our mailing list at any time if you do not wish to receive such emails from us. From time-to-time, we may also use your information to contact you via phone or email for market research purposes.

We will not sell, distribute or lease your personal information to third parties unless we are required to share such information under the terms and conditions of the products and services you avail, or we are required to do so by law.

This information will be stored with us and shared with select third parties such as our group companies, Asset Management Companies (AMC), Registrar and Transfer Agents, BSE and affiliate companies in order to enable us to complete your registration as a client with us and to process any transaction requests that you authorize, maintain a record of your transactions and holdings, generate and send reminders, alerts, notifications to you for transactions, upcoming funds transfers etc.

We may collect personal information about your transactions, and how you interact with third parties such as your bank when you conduct banking transactions such as the purchase and/or redemption of units in a mutual fund scheme. This information helps us to provide our services to you. We encourage you to read the Terms and Conditions to understand further about how your information is collected and used.

When you provide us with your personal information either while setting up an account with us or later, it is kept maintained by the division that is responsible for your account management. You can view and/or update/edit this information by logging on to your account through our website, e-mailing us or calling customer service.

As we add more services or wish to inform you of some additional benefits that we offer either directly or in partnership with any third party, we may use the information we have collected to offer you customized recommendations as well as marketing communications through any medium including e-mail, SMS etc. You will have the option to opt out of such communications at any time.

Personal information collected will not be used for any purposes other than as mentioned herein. You may withdraw your consent for the use of the personal information at any time by deactivating your account. Withdrawing your consent will not affect the lawfulness of any processing we conducted prior to your withdrawal, nor will it affect processing of your personal data conducted in reliance on lawful processing grounds other than consent. In the event you choose to withdraw your consent for collecting and processing your personal data, we will be unable to provide you with our products and services.

Security

We are committed to ensuring that your information is secure. In order to prevent unauthorised access or disclosure, we have put in place suitable physical, electronic and managerial procedures to safeguard and secure the information we collect online.

Links to other websites

Our website may contain links to other websites of interest. However, once you have used these links to leave our site, you should note that we do not have any control over such third-party websites. Therefore, we cannot be responsible for the protection and privacy of any information which you provide whilst visiting such sites. You should exercise caution and look at the privacy statement applicable to the website in question.

Controlling your personal information

If you believe that any of your information with us is incorrect or incomplete, please email us as soon as possible at support@olcinvest.com. We will promptly correct any information found to be incorrect.

Security certificates

OLC Invest is an online financial services company. We fully recognize and understand the security implications of being a service provider with whom people trust their money. There are many safeguards we adopt in this regard – some of these are technical, and some are structural.

When it comes to data security, our goal is to ensure that:

• Your data is stored safely and securely – passwords are one-way encrypted before being stored in the database for high security.
• All communication with you, or with mutual fund companies and other service providers – are encrypted using the highest standards.
• Your data is not shared with anyone, unless you have explicitly requested us to do so to fulfill a transaction request.

To ensure that we achieve these goals, we have a variety of certifications/trust verifications in place for our firm, both from technical and legal/operational perspectives. All our communications are encrypted by 256-bit encryption, and our data is hosted with top-tier hosting service providers. Also, our data is continuously backed up to ensure continuity of operations.