1. Introduction
Multicity Janseva Nidhi Limited ("Company", "we", "us", or "our") is committed to protecting the privacy and confidentiality of the personal and financial information of its members, directors, employees, and authorized agents. This Privacy Policy outlines our practices regarding data collection, usage, and safeguarding in accordance with applicable laws in India.
2. Information We Collect
In our capacity as a mutual benefit Nidhi company, we collect information necessary to fulfill statutory Know-Your-Customer (KYC) compliance, account administration, and transaction record-keeping:
- Identity & demographic details (Full name, date of birth, gender, nationality).
- Government-issued identifiers (Aadhaar, PAN card, Voter ID, Passport).
- Contact records (Permanent and current residential address, mobile telephone, email address).
- Financial records (Nomination records, passbook entries, deposit and loan repayment schedules).
3. Use of Information
Member information is utilized strictly for lawful purposes relating to membership administration, maintaining statutory double-entry accounting records, verifying deposit transactions, communicating official announcements, and meeting regulatory filing requirements under the Companies Act and Nidhi Rules.
4. Disclosure & Data Security
We do not sell, rent, or trade member personal data to any external marketing agencies. Disclosure of member records is made only to statutory authorities, regulators, auditors, or law enforcement agencies when mandated by applicable law or judicial decree. All physical documents and electronic ledger records are secured with appropriate organizational access controls.
5. Contact for Privacy Matters
Members wishing to update their registered contact information or make inquiries regarding data records may submit a written request at our registered office:
Multicity Janseva Nidhi Limited1st Floor, Krishna Park, Near Hanuman Mandir, Sonarpada, Kalyan-Shil Road, Dombivli (East) - 421201.