Zomint Privacy Policy
1. Introduction
Zomint (“we”, “our”, or “us”) respects your privacy and is committed to protecting your personal and financial information. This Privacy Policy outlines how we collect, use, store, and safeguard your data when you use our website, app, and related investment services. By using our services, you consent to the terms of this Privacy Policy.
2. Information We Collect
We collect the following types of information:
Personal Identification Information: Name, date of birth, contact details, PAN, Aadhaar or KYC documents, and other identifiers.
Financial Information: Investment preferences, portfolio details, income range, risk profile, and related transaction data.
Usage Data: Device information, browser type, IP address, and interaction logs with our website or app.
Communications Data: Messages, emails, and call logs related to support and advisory interactions.
3. Partner Platform: Investwell
Zomint partners with Investwell (Excel Net Solutions Private Limited) to manage backend investment operations including account setup, mutual fund transactions, portfolio tracking, and related services. When you interact with Zomint’s investment features, your data may be securely processed through Investwell’s systems.
3.1 Data Handling via Investwell
Zomint only shares the minimum data required to deliver your investment services.
Investwell acts as a data processor under Zomint’s instructions.
Both Zomint and Investwell follow strict confidentiality, regulatory compliance, and information security standards.
You remain the owner of your data, while Zomint and Investwell act as custodians for service delivery.
4. Use of Collected Information
We and our partner platforms use your data to:
Verify your identity and KYC compliance.
Execute investment transactions and maintain portfolio records.
Personalize investment recommendations and insights.
Fulfill legal, regulatory, and compliance requirements.
Improve our platform and deliver better user experience.
We do not sell, lease, or trade your personal data to third parties.
5. Data Security and Protection
Zomint and Investwell jointly implement industry-leading security measures to protect your data:
Encryption: All personal and financial data is encrypted in transit and at rest using 256-bit or equivalent encryption standards.
Access Controls: Data access is restricted to authorized personnel under strict confidentiality.
Infrastructure Security: Systems are hosted on secure, compliant cloud servers with continuous monitoring and firewalls.
Password Safety: Passwords are stored using one-way encryption/hashing.
Regular Audits: Periodic security and compliance audits are conducted to ensure continued adherence to privacy standards.
Backups and Recovery: Redundant backups and disaster recovery systems are maintained.
While we take all reasonable precautions, no system can guarantee 100% protection. Users are advised to keep their login credentials confidential and notify us of any suspicious activity.
6. Data Sharing and Legal Compliance
Your data may be shared with mutual fund houses, RTAs, regulators, and financial institutions only as required for providing investment services or complying with legal obligations.
We do not share your data for marketing purposes without explicit consent.
Zomint remains the data controller, while Investwell and other financial intermediaries act as data processors.
7. User Rights
You have the right to:
Access the personal data we hold about you.
Request corrections or updates to your information.
Withdraw consent where applicable.
Request deletion of your data, subject to regulatory retention requirements.