Privacy Policy
Until18 Financial Services Pvt Ltd
In the course of using this website or any of the websites under the ‘Until18 Financial Services’
domain or availing the products and services vide the online application forms and
questionnaires, online consents and such other details required from time to time on any of
Until18 Financial Services’s (and/or its affiliates) web platforms or mobile applications, Until18
Financial Services and/or its affiliates may become privy to some of Your personal information,
including which may or may not be of confidential nature. Until18 Financial Services is strongly
committed to protecting the privacy of its users/clients and has taken all necessary and
reasonable measures to protect the confidentiality of any customer information.
For the purpose of these Privacy Policy, wherever the context so mentions “Covered Persons”,
“Client”, “You” or “Your”, it shall mean any natural or legal person who has visited this
website/platform and/or has agreed to or has enquired to open an account and/or initiated the
process of opening an account with Until18 Financial Services (also defined as “Covered
Persons”).
Until18 Financial Services allows any person to use/visit/browse the website without registering
on the website. The term “We”, “Us”, “Our” and “Team Until18 Financial Services” shall mean
Until18 Financial Services Private Limited (hereinafter shall be referred as ‘Until18 Financial
Services’).
Until18 Financial Services Private Limited (CIN: U66301DL2025PTC452428) is a
AMFI Registered Mutual Fund Distributor with AMFI Registration Number: ARN-337868. This
website is owned, operated and maintained by Until18 Financial Services Private Limited having
its Registered office at 400-A F-4 12 Ajit Singh, House Yusuf Sarai Complex, Green Park, New
Delhi, South West Delhi- 110016, Delhi. For any query, please write to support@Until18
Financial Services.co.in. Access to Your Until18 Financial Services account and the usage of
Your account is subject to Your compliance with all the terms and conditions set forth herein,
read along with all documents, including but not limited to; applications forms and undertakings,
signed by you during account opening, and any terms/consents/policies included on Until18
Financial Services’s website/domain.
Scope of this Policy
Any natural or legal person who has visited the Until18 Financial Services website/platform
and/or the mobile application, and/or who may or may not have further agreed to initiate the
process of opening an account with Until18 Financial Services shall come under the purview of
the scope of this Privacy Policy.
Collection and use of your personal information
Until18 Financial Services may or may not collect your Personal Information to provide services
on its web-based platform or mobile application. While opening an investment account with
Until18 Financial Services, you may be asked for certain Sensitive Personal Data or Information
(as defined under the Information Technology Act, 2000) to complete your KYC (as per the
‘Know Your Client’ requirements set by AMFI) and as per the Prevention of Money Laundering
Act, 2002.
Until18 Financial Services, may or may not, request for sensitive information from You at the
time of account opening, which would include but not be limited to, (i) setting a password; (ii)
financial information such as Bank account or credit card or debit card or other payment
instrument details; (iii) information such as name, contact number, gender, date of birth,
residence and employment addresses, father’s/mother’s and spouses names, bank account
details, scans/copies of document proofs of address & identity such as Photograph, PAN,
passport, driver’s license, Aadhaar (voluntarily) etc. (iv) uploading signature proof/photo etc. All
such information would be for the purpose of: identity verification and background checking for
account opening as per KYC & AML Rules, personalising services offered to you, keeping you
updated of our products and services relevant to you, information pertaining to our services
you’ve subscribed to, and for any legal and regulatory / audit purposes.
We would save such information as required by the law, and as directed by the regulators along
with such intermediaries regulated by them, for the purpose of offering You our services, and for
such further regulatory, audit, and business purposes. We collect Personal Information from you
only when you voluntarily use the services provided by Until18 Financial Services, and/or
enquire to begin an association with Until18 Financial Services and/or complete the process of
opening an account with Until18 Financial Services.
With regard to security, we respect all information provided to us, and take all reasonable steps
towards protection of the same. We have implemented technology and policies, with the
objective of protecting your privacy from unauthorized access and improper use.
Aadhaar user consent policy
Voluntary Act
The act of providing your Aadhaar is voluntary in nature, which will only be required for
completing your account opening procedure online and for digitally signing the Until18 Financial
Services account opening form. Your Aadhaar may also be used as a proof of address as an
alternative choice to driver’s license or Passport copy, which is a voluntary decision to be made
by You.
You may alternatively choose to go through the offline route of account opening by physically
signing all such account opening documents, which does not require you to share your Aadhaar
information at all.
Collection and use of your non-personal information
Until18 Financial Services may from time to time collect information, i.e. non-personal
information which cannot be used to identify you personally, while You are using the website or
mobile application. Until18 Financial Services may from time to time collect information such as
non-personal information such as IP (internet protocol) addresses, browser types, the name of
your ISP (internet service provider), information about a third-party link/URL from where You
arrive to our website/mobile application, which pages/URLs do You click on the Until18 Financial
Services website / mobile application, and the amount of time spent on each.
Until18 Financial Services uses Google Analytics, a web analytics service provided by Google,
Inc. Google Analytics uses first-party cookies to report on user interactions with our web-based
services. These cookies store non-personally identifiable information.
Usage of Cookies
Until18 Financial Services may from time to time use cookies. Cookies are small data files that a
website stores on your computer. Until18 Financial Services may use persistent cookies which
are permanently placed on your computer to store non-personal (Browser, ISP, OS, Clickstream
information etc) and profiling information (age, gender, income etc). While cookies have unique
identification nos, personal information (name, a/c no, contact nos etc) shall not be stored on
the cookies. We will use the information stored in the cookies to improve Your browsing
experience on our website, by throwing up relevant content where possible. We will also use the
cookies to store visitor preferences to ease visitor navigation on the site.
Disclosure and transfer of collected information
Until18 Financial Services does not share any of your information with third parties except: (i)
with respect to providing the information or services that you have requested earlier, (ii) or with
your express permission for sharing such information, or (iii) with intermediaries/applications
(including API and service providers necessary to run the website platform) who require such
information as per regulatory requirements and procedure laid down by SEBI/AMFI.
Under no circumstances will we sell or rent your personal information to anyone, for any reason,
at any time. Until18 Financial Services has taken best and reasonable steps to ensure
prevention of any unauthorised disclosure of your sensitive personal information.
Disclosure for regulatory compliances: Until18 Financial Services will share your information
with judicial, administrative and regulatory entities to comply with any legal and regulatory
requirements.
Disclosures with your prior consent: If, at any time, you choose to utilise the integrated services
of third-party service partners through us, we will share your information with these third-party
service partners with your prior consent.
Disclosure for provision of services: Until18 Financial Services will share your information with
third party vendors of Until18 Financial Services as necessary for the provision of services.
Authorized third party vendors are bound by the same standards of data security practices and
procedures as we are under law and contract. They are subject to the same penalties as we are
for the unauthorised disclosure of your personal information.
We are permitted to process your personal data in compliance with Data Protection Legislation
by relying on one or more of the following lawful grounds:
● You have explicitly agreed to us processing such information for a specific reason.
● The processing is necessary to perform the agreement we have with you or to take steps
to enter into an agreement with you.
● The processing is necessary for compliance with a legal obligation we have.
● The processing is necessary for the purposes of a legitimate interest pursued by us,
which might be to provide services to you; to ensure that Your investment account
products/services are running smoothly.
● To prevent, detect, investigate and prosecute fraud and alleged fraud, money laundering
and other crimes and to verify your identity in order to protect our business and to
comply with laws that apply to us and/or where such processing is a contractual
requirement of the services you have requested.
● To ensure that complaints are investigated.
● To evaluate, develop or improve our services; or
● To keep our customers informed about relevant services, unless you have indicated at
any time that you do not wish us to do so.
Security
Our hosting services and servers maintain its systems in accordance with industry standards
and best practices to reasonably secure the information of its customers, such as using SSL
encryption in certain places to prevent eavesdropping, and employing up-to-date software on
the server. However, no data transmission over the Internet can be guaranteed to be 100%
secure. “Perfect security” does not exist on the Internet, and therefore You use the website and
mobile application at your own risk.
Your data is transmitted between your device and our servers using HTTPS protocol for
encryption. HTTPS is the technology used to create secure connections for your web browser,
and is indicated by a padlock icon in your browser.
Until18 Financial Services follows industry best practices, using open and known principles
when transferring and storing your data. We believe the biggest threat to the security and
privacy of your data is if someone gains access to any of your devices. Remember to keep your
password safe and secret to prevent unauthorised access to your Until18 Financial Services
account. If you think that the security of your Until18 Financial Services account has been
compromised, change your password and contact us immediately for further assistance.
Correction/Updating or Access to Personal Information
In case of any changes with respect to any of your information, especially Personal Information
has been changed or in case you would not like to continue the services of Until18 Financial
Services, then you would be required to either update your Personal Information or unsubscribe
from any updates / information with respect to notifications on the products/services that you
had earlier utilised or enquired upon at Until18 Financial Services.
Google Mandated Disclosure
If you authorise Google to fetch the electronic Consolidated Account Statement from your email
and send it to Until18 Financial Services, the following disclosure is applicable:
Until18 Financial Services’s use and transfer to any other app of information received from
Google APIs will adhere to Google API Services User Data Policy, including the Limited Use
requirements.