Privacy Policy
minEarn (“minEarn”, “we”, “us”, or “our”) respects your privacy and is committed to protecting your personal information.
minEarn is a financial technology platform designed to help users understand and manage their home-loan obligations and explore investment strategies that may help them build wealth alongside their loan repayment journey.
The name “minEarn” represents “mine + earn” and reflects our objective of helping users make more informed decisions about their money.
This Privacy Policy explains what information we collect, why we collect it, how we use and protect it, when we may share it, and the choices available to you when you use the minEarn mobile application, website, and related services (“Services”).
By accessing or using minEarn, you acknowledge that you have read and understood this Privacy Policy.
1. INFORMATION WE COLLECT
Depending on the Services you use, we may collect the following categories of information.
1.1 Account and Registration Information
When you create an account, we may collect:
- Full name
- Mobile number
- Email address
- Date of birth
- Gender, where required
- Residential address
- Communication preferences
- Login and authentication information
1.2 Mobile Number and OTP Information
We use your mobile number to:
- Create and identify your minEarn account
- Send OTPs for authentication
- Verify your identity
- Secure your account
- Communicate important account and service-related information
OTP information may be processed by our authentication or communication service providers for the purpose of verifying your identity.
1.3 PAN Information
If you choose to provide or upload your PAN information, we may collect:
- PAN number
- PAN card image or document
- Name and information appearing on the PAN document
- Verification status
PAN information may be used for identity verification, financial-service eligibility, compliance requirements, and other purposes permitted by applicable law.
1.4 Aadhaar Information
If you choose to provide or upload Aadhaar information, we may collect information necessary for identity verification.
Depending on the verification method used, this may include:
- Aadhaar-related identification information
- Aadhaar document/image, where applicable
- Verification status
- Information returned by an authorized verification provider
We will process Aadhaar-related information only for legitimate and permitted purposes and in accordance with applicable laws and regulatory requirements.
You may be able to skip Aadhaar/PAN onboarding and provide the required information later, depending on the Services available to you.
1.5 Credit Information
If you request a credit-score or credit-related service, we may collect or receive:
- Credit score
- Credit history-related information
- Credit account information
- Loan account information
- Outstanding loan amount
- Repayment information
- Credit enquiries
- Other information provided by authorized credit information providers
Credit information may be obtained only through authorized sources and subject to applicable consent and legal requirements.
1.6 Home Loan Information
To provide loan analysis and personalized calculations, we may collect information such as:
- Loan amount
- Outstanding principal
- Interest rate
- EMI amount
- Loan tenure
- Remaining tenure
- Repayment history
- Loan account details
- Lender or financial institution name
- Loan start date
- Loan maturity date
- Prepayment information
- Other information necessary to calculate loan-related benefits
1.7 Property and Loan Documents
If you use services relating to a home loan or property, you may choose to upload documents such as:
- Property documents
- Loan documents
- Loan statements
- Sanction letters
- Identity documents
- Income-related documents
- Other documents required for verification or loan-related services
We process these documents only for the purposes for which they are provided or as otherwise permitted by law.
1.8 Financial and Investment Information
When you use our calculator, investment simulation, SIP, SWP, investment recommendation, or related features, we may process:
- Investment amount
- SIP amount
- Investment tenure
- Investment preferences
- Selected return objective
- Risk-related preferences
- Investment calculations
- Projected corpus
- Withdrawal preferences
- Investment transaction information, where applicable
1.9 Usage and Device Information
We may automatically collect certain technical information when you use our Services, including:
- Device type
- Operating system
- App version
- Browser type
- IP address
- Device identifiers
- Network information
- Approximate location information where permitted
- Login timestamps
- Crash reports
- Diagnostics
- App interaction information
- Pages/screens viewed
- Features used
This information helps us operate, secure, troubleshoot, and improve minEarn.
1.10 Communications
If you contact us through email, support, chat, phone, or other channels, we may retain:
- Your communication
- Contact details
- Support requests
- Attachments or documents you voluntarily provide
- Information required to resolve your request
2. HOW WE USE YOUR INFORMATION
We may use your information for the following purposes:
- Creating and maintaining your minEarn account
- Authenticating your identity
- Sending OTPs
- Providing customer support
- Performing identity verification
- Providing credit-score-related services
- Fetching or displaying eligible loan information
- Understanding your existing home-loan obligations
- Calculating EMI, interest, tenure, and repayment scenarios
- Providing loan calculators and financial simulations
- Generating personalized investment suggestions
- Showing SIP and SWP simulations
- Comparing loan repayment and investment scenarios
- Helping you evaluate potential loan-transfer or refinancing options
- Facilitating loan applications where applicable
- Facilitating investment-related services where applicable
- Connecting you with authorized financial institutions, lenders, investment providers, or service providers where you request such services
- Preventing fraud and unauthorized activity
- Maintaining platform security
- Complying with applicable laws and regulatory requirements
- Improving our products, services, calculations, and user experience
- Conducting analytics and product research
- Sending service-related notifications
- Sending marketing communications where permitted and where required consent has been obtained
- Resolving disputes and enforcing our agreements
- Protecting our legal rights and the rights of our users
3. FINANCIAL CALCULATIONS AND INVESTMENT INFORMATION
minEarn may provide financial calculations, projections, simulations, suggestions, and scenarios based on information provided by you.
These calculations may include:
- EMI calculations
- Interest calculations
- Loan repayment projections
- Investment growth projections
- SIP calculations
- SWP calculations
- Estimated savings
- Estimated corpus
- Potential loan-cost reduction scenarios
Such calculations are estimates and may change based on actual market conditions, interest rates, investment performance, taxes, fees, loan terms, and other factors.
Any return percentages, investment packages, projections, or examples displayed by minEarn are subject to the applicable product terms and disclosures.
Investment returns are not automatically guaranteed merely because a particular percentage is displayed in a calculator or recommendation.
Users should review the relevant product disclosures and risks before making any financial or investment decision.
4. INFORMATION COLLECTED WITH YOUR CONSENT
Certain minEarn features may require your consent before we access or process information.
For example, depending on the service, we may request consent before:
- Accessing credit-related information
- Fetching loan information
- Verifying identity
- Processing uploaded documents
- Sharing information with a lender or financial service provider
- Providing investment-related services
- Sending marketing communications
Where required by law, you may withdraw consent through the available controls or by contacting us.
Withdrawal of consent may affect our ability to provide certain Services.
5. HOW WE SHARE YOUR INFORMATION
We do not sell your personal information as a standalone commercial product.
We may share information with the following categories of recipients where necessary and permitted by applicable law.
5.1 Service Providers
We may use third-party providers for:
- OTP and SMS delivery
- Email delivery
- Cloud hosting
- Data storage
- Identity verification
- Document verification
- Credit information services
- Analytics
- Customer support
- Security
- Fraud detection
- Technical infrastructure
5.2 Lenders and Financial Institutions
Where you request a loan, loan transfer, refinancing, or related service, we may share relevant information with:
- Banks
- Housing finance companies
- NBFCs
- Lending partners
- Authorized financial institutions
Only information necessary for the requested service should be shared.
5.3 Investment and Financial Service Providers
Where you choose to use an investment-related service, relevant information may be shared with authorized:
- Mutual fund service providers
- Investment platforms
- Asset management companies
- Digital gold providers
- Fixed deposit providers
- Other financial service providers
The information shared will depend on the service you request.
5.4 Credit Information Companies
Where required to provide credit-related services, your information may be shared with or obtained from authorized credit information companies and their authorized service providers, subject to applicable law and required consent.
5.5 Legal and Regulatory Authorities
We may disclose information where required or permitted by law, regulation, court order, governmental authority, law-enforcement request, or regulatory requirement.
5.6 Business Transfers
If minEarn is involved in a merger, acquisition, restructuring, financing, sale of assets, or similar transaction, personal information may be transferred as part of that transaction, subject to applicable law.
6. THIRD-PARTY SERVICE PROVIDERS
minEarn may rely on third-party technology and financial service providers to operate certain features.
These providers may process information on our behalf or independently where they provide their own regulated or contractual service.
Where applicable, their own privacy policies and terms may also apply.
We encourage users to review the privacy policies of third-party services before using those services.
7. DATA SECURITY
We take reasonable technical and organizational measures to protect personal information against:
- Unauthorized access
- Unauthorized disclosure
- Loss
- Misuse
- Alteration
- Destruction
- Fraudulent activity
Security measures may include encryption, access controls, authentication controls, monitoring, logging, secure infrastructure, and other safeguards appropriate to the nature of the information.
However, no electronic transmission or storage system can be guaranteed to be completely secure.
Users are responsible for maintaining the confidentiality of their account credentials and OTPs.
minEarn will never ask you to disclose an OTP for purposes unrelated to authentication.
8. DATA RETENTION
We retain personal information only for as long as reasonably necessary to:
- Provide the requested Services
- Maintain your account
- Complete transactions
- Meet contractual obligations
- Comply with legal and regulatory requirements
- Resolve disputes
- Prevent fraud
- Maintain business and financial records
- Enforce our agreements
When information is no longer required, we may delete, anonymize, or securely dispose of it in accordance with applicable laws and our retention requirements.
9. YOUR RIGHTS AND CHOICES
Subject to applicable law, you may have rights relating to your personal information, including the ability to:
- Request information about processing of your personal data
- Request correction of inaccurate or incomplete information
- Request deletion of personal information where legally permissible
- Withdraw consent where processing is based on consent
- Request information regarding sharing or processing, where applicable
- Raise a grievance regarding our processing of personal information
- Request account closure, subject to applicable legal and regulatory requirements
Some information may need to be retained even after account closure where required by law, regulation, fraud-prevention requirements, dispute resolution, or legitimate business requirements.
10. ACCOUNT DELETION
You may request deletion or closure of your minEarn account through the available account settings or by contacting us.
Before deleting an account, we may need to verify your identity.
Account deletion may not immediately result in deletion of all information where we are legally required to retain certain records.
11. COOKIES AND SIMILAR TECHNOLOGIES
Our website and certain Services may use cookies, SDKs, pixels, local storage, and similar technologies.
These technologies may be used for:
- Authentication
- Security
- Remembering preferences
- Analytics
- Performance monitoring
- Improving user experience
- Understanding how users interact with our Services
- Marketing, where permitted
You may be able to control cookies through your browser or device settings.
Disabling certain technologies may affect some functionality.
12. LOCATION INFORMATION
minEarn may request access to location information only where required for a particular feature or service and where permitted by applicable law.
If location information is not required for a feature, you may be able to deny the permission through your device settings.
We do not require continuous location tracking unless specifically disclosed for a particular service.
13. CONTACTS, CAMERA, FILES AND DEVICE PERMISSIONS
Depending on the features you use, minEarn may request access to:
- Camera – for scanning or capturing documents such as PAN or Aadhaar
- Photos/Files – for uploading documents
- Notifications – for service and security alerts
- Phone/SMS-related functionality – where required for authentication or service functionality
We will request permissions only when required for the relevant feature.
You can manage these permissions through your device settings.
14. CHILDREN'S PRIVACY
minEarn is intended for individuals who are legally capable of using financial and investment-related services.
We do not knowingly collect personal information from children where such collection is prohibited by applicable law.
If you believe that a child has provided personal information to us without appropriate authorization, please contact us so that we can take appropriate action.
15. MARKETING COMMUNICATIONS
We may send service-related communications such as:
- OTPs
- Transaction notifications
- Security alerts
- Loan-related updates
- Account notifications
- Important changes to our Services
Where permitted and where applicable consent is required, we may also send promotional or marketing communications.
You may opt out of promotional communications using the unsubscribe option or by contacting us.
You will continue to receive essential service and security communications where necessary.
16. DATA TRANSFERS
Your information may be processed or stored by us or our service providers in locations necessary to provide the Services, subject to applicable law and regulatory requirements.
Where applicable regulations require specific data to be stored or processed within India, we will comply with those requirements.
17. DATA BREACHES AND SECURITY INCIDENTS
If we become aware of a personal data breach that requires notification under applicable law, we will take appropriate steps to contain, investigate, remediate, and notify affected users and/or authorities as required by law.
18. CHANGES TO THIS PRIVACY POLICY
We may update this Privacy Policy from time to time to reflect:
- Changes to our Services
- Changes in technology
- Changes in legal or regulatory requirements
- Changes in our data-processing practices
When we make material changes, we may notify you through the app, website, email, or other appropriate means.
The updated Privacy Policy will be effective from the date specified at the beginning of the updated policy.
19. GRIEVANCE REDRESSAL
If you have a question, concern, complaint, or grievance regarding the collection or processing of your personal information, you may contact our Grievance Officer/Data Protection contact.
Grievance Officer / Data Protection Contact:
- Name: Rahul Jain
- Designation: CEO
- Email: rahul@softedge.in
We will review and respond to privacy-related requests in accordance with applicable law.
20. CONTACT US
For questions regarding this Privacy Policy or our privacy practices, please contact:
- minEarn
- Legal Entity: MinEarn
- Email: rahul@softedge.in
- Website: www.minearn.com
21. IMPORTANT FINANCIAL DISCLAIMER
minEarn provides financial information, calculations, simulations, comparisons, and recommendations intended to help users understand potential loan and investment scenarios.
Information displayed through minEarn should not be interpreted as a guarantee of investment performance, loan savings, or financial returns unless expressly provided under a separate legally applicable product agreement.
Investment products such as mutual funds, digital gold, fixed deposits, and other financial products may involve different levels of risk, returns, liquidity, taxation, and regulatory conditions.
Actual results may differ from projections shown in the minEarn application.
Users should carefully review the applicable product documents, terms, risk disclosures, and agreements before making any financial decision.
Where regulated financial services are provided by a third party, the relevant financial institution or service provider's terms and privacy policy may also apply.
22. ACCEPTANCE
By creating an account or using minEarn, you acknowledge that you have read and understood this Privacy Policy.
Where applicable, specific services may require separate consent, terms, disclosures, or agreements before they can be used.