Investor Relation

Privacy Policy

This Policy is owned and operated by OFB Tech Private Limited, henceforth referred to as “OfBusiness” which includes its subsidiary, affiliates, successors and permitted assigns.

In the course of using this website or availing the products and services via the online application forms and questionnaires, OfBusiness and its affiliates may become privy to the personal information of its users, including information that is of a confidential nature. OfBusiness provides services to the users through the website and is committed to protecting and respecting the privacy of the users and has taken all necessary and reasonable measures to protect the confidentiality of the user information and its transmission through the World Wide Web. OfBusiness shall not be held liable for disclosure of the confidential information if such disclosure is in accordance with this Privacy Policy (“Policy”) or in accordance with the terms of any agreements entered with the users. OfBusiness also assures not to disclose all information that it learns during the transactions and payments made to the user’s account(s). “user(s)” shall mean and include all companies and private organizations that visit the website and provide information to OfBusiness through any of the modes referred to in the clause on “Collection of Information” below.

Collection of information

During the use of the website, OfBusiness may collect and process information from the users, including but not limited to the below mentioned:

  • Information that the users provide to OfBusiness by filling in forms on the website. This includes contact information such as name, email address, mailing address, phone number, financial information, bank account number, password and preferences information such as favourites lists and transaction history;
  • Information that the users provide when the users write directly to OfBusiness (including by way of email, WhatsApp or messages);
  • Information that the users provide to OfBusiness over telephone;
  • OfBusiness may make and keep a record of the information shared by the users with OfBusiness;
  • Information that the users provide to OfBusiness by completing surveys;
  • When the user uses the website, OfBusiness servers automatically record certain information that the user’s web browser sends whenever the user visits any website. These server logs may include information such as the user’s web request, Internet Protocol (IP) address, browser type, referring/exit pages and URLs, number of clicks, domain names, landing pages, pages viewed, and other such information. OfBusiness uses this information, which may or may not identify users, to analyze trends, to administer the website, to track user’s movements around the website and to gather demographic information about the user base as a whole.

Non-disclosure

OfBusiness pledges that it shall not sell or rent users’ personal details to anyone. OfBusiness will protect every bit of the users’ business or personal information and maintain the confidentiality of the same. With this seal of trust, OfBusiness makes its services available to the users for assessment and analysis that include credit and behaviour scoring, market and product analysis.

OfBusiness guarantees that it is going to keep all information confidential except in the following cases:

  • OfBusiness may disclose users’ information to governmental and other statutory bodies who have appropriate authorization to access the same for any specific legal purposes.
  • OfBusiness may disclose users’ information if it is under a duty to do so in order to comply with any legal obligation, or in order to enforce or apply the Terms of Use (displayed on the website), or to protect the rights, property or safety of OfBusiness, its users or others. This includes exchanging information with other companies / agencies that work for fraud prevention and credit reference.
  • OfBusiness may disclose users’ information to its agents under a strict code of confidentiality.
  • OfBusiness may disclose users’ information to such third parties to whom it transfers its rights and duties under the customer agreement entered into with the users. In such an event, the said third parties’ use of the information will be subject to such confidentiality obligations as contained in this Policy.
  • OfBusiness may disclose users’ information to any member of its related or group companies including its subsidiaries, its ultimate holding company and its subsidiaries, as the case may be.
  • In the event that OfBusiness sells or buys any business or assets, it may disclose the users’ information to the prospective seller or buyer of such business or assets. user, email and visitor information are generally one of the transferred business assets in these types of transactions. OfBusiness may also transfer or assign such information in the course of corporate divestitures, mergers or dissolution.

OfBusiness shall ensure that in case of disclosure of whole or part of the user’s information to a service provider or agent, within or outside India, the same shall be bound by obligations of confidentiality at least as strict as OfBusiness’s obligations under this Privacy Policy and the information shall be accorded the same level of protection as provided by OfBusiness under the terms of this Privacy Policy. OfBusiness may store the user’s information in locations outside the direct control of OfBusiness (for instance, on servers or databases co-located with hosting providers).

OfBusiness never will sell or rent personal information of its clients to anyone, at any time, for any reason. OfBusiness may use the user’s personal information in the following ways, viz:

  • Monitor, improve and administer the website and improve the quality of services;
  • Analyze how the website is used, diagnose service or technical problems, maintain security;
  • Remember information to help the user effectively access the website;
  • Monitor aggregate metrics such as total number of views, visitors, traffic and demographic patterns;
  • To confirm the user’s identity in order to determine its eligibility to use the website and avail of the services;
  • To notify the user about changes to the website;
  • To enable OfBusiness to comply with its legal and regulatory obligations;
  • To help the user apply for certain products and services.
  • For the purpose of sending administrative notices, service-related alerts and other similar communication with a view to optimizing the efficiency of the website.
  • Doing market research, troubleshooting, protection against error, project planning, fraud and other criminal activity.
  • To reinforce OfBusiness’s Terms of Use.

Access to personal information is strictly restricted and shared in accordance with certain specific internal procedures and safeguards that govern access. Certain features of the website are available for use without any need to provide details. Other features of the website may require users to provide details including but not limited to the user’s name, address, mobile number, email address, PAN No., employment & income details.

Security of information

OfBusiness takes the security of its user’s information very seriously. OfBusiness protects the user’s information using bank-level data security: 128 bit-encryption and a TLS 1.2 protocol. This creates an encrypted connection between the user’s browser and OfBusiness’s servers. All information always remains encrypted. If the user allows OfBusiness to see its banking information online rather than in paper form, it is on a read-only basis. OfBusiness does not have access to change, edit, or modify bank account information in any manner whatsoever. OfBusiness employees cannot view the user’s banking username and passwords, and the same is securely stored in separate encrypted areas with its financial services providers.

All information provided to OfBusiness is stored on its secure servers whether outside or within India.

OfBusiness uses commercially reasonable safeguards to preserve the integrity and security of the users’ information against loss, theft, unauthorized access, disclosure, reproduction, use or amendment.

The information that is collected from the users may be transferred to, and stored at, a destination inside or outside India. By submitting information on the website, the users agree to this transfer, storing and/ or processing. OfBusiness will take such steps as it considers reasonably necessary to ensure that the users’ information is treated securely and in accordance with the Policy.

In using the website, the users accept the inherent security implications of data transmission over the internet and the World Wide Web cannot always be guaranteed as completely secure. Therefore, the use of the website will be at the own risk of the users.

OfBusiness assumes no liability for any disclosure of information due to errors in transmission, unauthorized third-party access or other acts of third parties, or acts or omissions beyond its reasonable control and the user agrees not to hold OfBusiness responsible for any breach of security unless such breach has been caused as a direct result of gross negligence or willful default by OfBusiness.

In the event OfBusiness becomes aware of any breach of the security of the users’ information, it will promptly notify the users and take appropriate action to the best of its ability to remedy such a breach.

Exclusion

This Policy does not apply to any information other than information collected by OfBusiness through the website including such information collected in accordance with the clause on “Collection of Information” above. This Policy shall not apply to any unsolicited information provided by the users through this website or through any other means. This includes, but is not limited to, information posted to any public areas of the website. All such unsolicited information shall be deemed to be non-confidential and OfBusiness shall be free to use, disclose such unsolicited information without limitation.

Cookies

OfBusiness collects certain information from the user’s browser using small data files called “cookies.” OfBusiness uses session ID cookies to confirm that customers are logged in. This type of cookie helps OfBusiness recognize a customer if he or she visits multiple pages on the website during the same session, so that separate passwords are not required to access each page. These cookies terminate once the customer closes the browser. By default, OfBusiness uses a persistent cookie that stores customer login ID (but not password) to make it easier for the customer to login when returning to the website. OfBusiness encodes its cookies so that only OfBusiness can interpret the information stored in them. The user may remove or block this cookie using the user’s browser settings to disable the feature.

OfBusiness also stores transaction history. OfBusiness may collect additional information in ways not specifically described herein. For example, OfBusiness may track information related to interactions with customer service or responses from surveys or other feedback tools. OfBusiness uses this information to continually improve the service provided to the customers.

OfBusiness’s Privacy Policy does not cover the use of cookies by its partners and affiliates. OfBusiness does not have access or control over these cookies. OfBusiness’s partners and affiliates may use session ID cookies to provide a custom user experience and to track the success of OfBusiness’s partnership with them.

Web beacons

The web pages of the website contain electronic images known as “web beacons” (sometimes called single-pixel gifs) and are used along with cookies to compile aggregated statistics to analyze how the website is used. Web beacons may also be used in some of OfBusiness’s emails to so as to know which emails and links recipients have opened, allowing it to gauge the effectiveness of its customer communications and marketing campaigns.

Referrals

If the user wishes to introduce OfBusiness / the website to any other person / entity, the user will be asked to provide such person / entity’s name and email address. OfBusiness will automatically send such person / entity an email inviting it or to visit the website. OfBusiness stores this information for the purpose of sending this email and keeping a record of the number of persons / entities so referred by the users. OfBusiness may send additional emails to the said person / entity in connection with services offered by OfBusiness. Such person / entity may contact OfBusiness at contact@ofbusiness.com to request that this information be removed from OfBusiness’s database.

Links to third-party websites

The website includes links to other websites whose privacy practices may differ from those of OfBusiness. The inclusion of a link does not imply any endorsement by OfBusiness of the third-party website, the website's provider, or the information on the third-party website. If the users submit personal information to any of those websites, such information is governed by the privacy policies of such third-party websites and OfBusiness disclaims all responsibility or liability with respect to these policies or the websites. The users are encouraged to carefully read the privacy policy of any website that they visit.

Social media widgets

The website includes Social Media Features, such as the Facebook “Like” button and Widgets, or interactive mini programs that run on the website. These features may collect the users’ IP address, which page the users are visiting on the website, and may set a cookie to enable the feature to function properly. Social media features and widgets are either hosted by a third-party or hosted directly on the website. The users’ interactions with these features are governed by the privacy policy of the company providing it.

Opting out or editing customer information

To opt out of email correspondence from OfBusiness or make a change to (or delete) the user information stored in OfBusiness’s records, please contact OfBusiness at contact@ofbusiness.com.

The user may write to OfBusiness at:

OFB Tech Pvt.Ltd.

Global Business Park, 6th Floor Tower A, Sector 26 MG Road

Gurugram - 122001, India

OfBusiness will respond to the user’s request within 30 days.

Data retention

User information will be retained for as long as the user account is active or as needed to provide services to the user. If the user wishes to cancel its account or requests that OfBusiness no longer uses its information to provide services, the user may contact OfBusiness at contact@ofbusiness.com. OfBusiness will retain and use user information as necessary to comply with its legal obligations, resolve disputes, and enforce its agreements or for other business purposes.

Changes to privacy policy

In the event OfBusiness modifies this Privacy Policy, the same will be updated on the website. This policy may be changed, but any changes will be posted and changes will only apply to activities and information on a going forward, not retroactive basis. The users are encouraged to periodically review this page for the latest information on its privacy practices. In case of any material changes to the Policy, the users will be notified by email (sent to the email address specified in the user’s account) or by means of a notice on this website prior to the change becoming effective.

Severability

OfBusiness has made every effort to ensure that this Policy adheres with the applicable laws. The invalidity or unenforceability of any part of this Policy shall not prejudice or affect the validity or enforceability of the remainder of this Policy.

No waiver

The rights and remedies available under this Policy may be exercised as often as necessary and are cumulative and not exclusive of rights or remedies provided by law. It may be waived only in writing. Delay in exercising or non-exercise of any such right or remedy does not constitute a waiver of that right or remedy, or any other right or remedy.

Governing law or dispute resolution

This Policy shall be governed by and construed in accordance with the laws of the Republic of India and subject to the provisions of arbitration set out herein, the courts at Bangalore shall have exclusive jurisdiction in relation to any disputes arising out of or in connection with this Policy.

If any dispute arises between OfBusiness and the user in connection with or arising out of the validity, interpretation, implementation or alleged breach of any provision of the Policy, such dispute shall be referred to and finally resolved by arbitration in accordance with the Indian Arbitration and Conciliation Act, 1996 for the time being in force, which rules are deemed to be incorporated by reference in this clause.

There shall be one (1) arbitrator and the seat of the arbitration shall be Bangalore, India.

The language of the arbitration proceedings and of all written decisions and correspondence relating to the arbitration shall be English.

Foreign jurisdiction

OfBusiness makes no representation that the content contained on the website is appropriate or to be used or accessed outside of the Republic of India. If the users use or access the website from outside the Republic of India, they do so at their own risk and are responsible for compliance with the laws of such jurisdiction.

Contact

Any questions or concerns should be addressed to: contact@ofbusiness.com

Or

OfBusiness,

Global Business Park, 6th Floor Tower A, Sector 26 MG Road

Gurugram - 122001, India

OfBusiness will respond to all relevant user queries within 30 days.

NOTE: No processing fee is being charged by Oxyzo before the sanction of the loan. Any individual claiming otherwise must not be entertained.
Please report such activity on getsupport@oxyzo.in
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