

This Shubidha Digital Loan Application Privacy Policy (“Policy”) applies to users of Shubidha Digital Loan Application (“App.”) through BRAC Bank Limited. The term “BBL”, “Bank” or “we”, “us” or “our(s)” in the Shubidha Digital Loan application we own and control and in this Policy refers to BRAC Bank Limited.
BRAC Bank Limited is strongly committed to protecting the
privacy of its customers and has taken all necessary and reasonable measures to
safeguard the confidentiality of any information that is transmitted through
its Shubidha Digital Loan Application. This online privacy policy explains how
we collect, share, use and protect information when you visit or use this
Shubidha Digital Loan Application.
Through the Shubidha Digital Loan Application, you may use
your registered mobile number to apply different variants of loan digitally and
get confirmation of loan approval & also can get loan disbursement
digitally; and access additional services that may be available through digital
loan application.
As you review this Digital Loan Privacy Policy, here are a
few general principles to keep in mind:
5. Disclosure
of Information
We may share the information that we collect from and about you as well as
information about your Accounts or the transactions you make, with our
affiliates within BRAC Bank, with any third parties with whom we have signed
Non-Disclosure Agreements. However, we will disclose information to third
parties about your account or the transactions you make, and you authorize us
to do so, ONLY in the following situations:
6. Data
Retention
Our operational systems will store user-provided data for as long as you use
the related feature of the Loan Application. Please note that some or all of
the user provided data may be required in order for the Shubidha Digital Loan
Application to function properly, and we may be required by law to retain
certain information. If you close your profile established for Shubidha Digital
Loan, we will retain certain data for a reasonable time to facilitate any
request to reopen your profile
7. Updating
Your Information
You may be able to review and update your account information though the App.
8. Security
Measures
9. Consent
to Transfer
If you are located outside of the Bangladesh, please be aware that information
we collect through the App will be transferred to and processed in Bangladesh.
By using the App or providing us with any information, you fully understand and
unambiguously consent to this transfer, processing and storage of your
information in Bangladesh.
10. Children's
Privacy
We do not knowingly collect personally identifiable information from children
under 18 without parental consent. If you are under the age of 13, please do
not provide personally identifiable information of any kind.
11. Questions
and Concerns
If you have any questions about this Policy or our privacy practices, please
contact our 24/7 call center number at 16221 OR email us at enquiry@bracbank.com
12. Policy
Updates and Effective Date
This Policy is subject to change and any changes to this Policy will become
effective when posted on this application. Your use of the application
following these changes means you accept the revised Policy