This website is not intended for use by children and minors. Parents are requested to ensure that Personal Information is not provided by minors.
Personal information for purposes of this Policy includes information that identifies you, such as your name, date of birth, bank account/ financial account details/ credentials, passwords, phone number, PAN, fax number or email address, gender, marital status, city of residence or any other informationis obligatory pursuant to regulatory requirements etc. Most features of the Website/Mobile App would require registration, which may require you to provide your details such as an email address, a password and other information. Kind of personal information collected would depend on nature of service being availed or proposed to being availed by you.
In case you avail the services of dealing in online mutual fund transactions through MyUniverse Investment Account facility on the website/Mobile App, you would be required to provide Personal Information like your Name, PAN, Bank Account Number (“KYC information”) at the time of registration /activation of such facility. The collection of these KYC Information is obligatory pursuant to regulatory requirements in order to activate and enable the online transactions of mutual funds with AMCs. Such KYC information shall be used/shared/maintained/accessed/stored with/by third party technology service provider/main distributor/AMCs/RTAs/authorised service providers in order to enable/ facilitate/ complete/ process online Mutual Fund transactions and report/statement generation.
From time to time, the Website/Mobile App may also request other Personal Information to provide you with other benefits of the Services or other value added services. On all such occasions, you will have the opportunity to provide or to decline to provide that Personal Information. In case you do not provide the required information, you may not be able to avail the service or the product.
You would need to provide your Account Credentials or Sensitive Personal Data or Information to allow the Website/ Mobile App to retrieve and access your account data from the financial institutions in order to enable you to view all your financial information at one place (consolidated view of various linked accounts), to provide you the Personal Finance Management Services and Offer/deals/cash back/discounts on your various linked and non linked credit cards and related curation services. All such Account Credentials and data collected from such Accounts are stored by our Third Party service provider, Yodlee Inc, in their highly secured servers. The section “Your data is secure” describes the various security mechanisms followed.
Sensitive personal data or information collected here would mean and include but not limited to;
Provided that, any information that is freely available or accessible in public domain or furnished under the Right to Information Act, 2005 or any other law for the time being in force shall not be regarded as sensitive personal data or information for the purposes of these rules.
The Website/ Mobile App uses and discloses your Personal Information only as follows:
For any of these purposes, we may use group companies / affiliates, third party vendors, agents, contractors, consultants or service providers (individually a ‘Third Party Service Provider’ and collectively, the “Third Party Service Providers”) We may also use them to help us in providing the features of the Website/Mobile App, such as sending email messages on our behalf, collecting subscription fees for such services, and notifying or contacting you regarding any problem with such Services or hosting and operating a particular feature or functionality. Such Third Party Service Providers are bound by privacy restrictions which are similar to the restrictions mentioned in this Policy.
All such Personal Information collected shall be retained so long as you are having account/product with us/ ABMU or by any of our third party service entities/service provider (“Third Party Service Entity”) and remain active to avail various services/product or as may be required under the law or as per applicable policy on data retention if any. In case of deactivation / termination of the account / services or withdrawal of consent by you, the Personal Information provided may no longer be used for providing the services/facilities and the same may also get removed upon the expiry of the maximum tenure as may be prescribed under the provisions of the law as applicable or the policy on data retention if any. Unless the Personal Information is purged permanently, the Personal Information may remain on the servers and we may however use the Personal Information for data analytics purposes and procedures for improving the provisions of services/facilities by them in a non identifiable manner
ABMUL / Third Party Service Entity encourages you to update this information as and when there are any changes. You are also entitled to review the information provided and ensure that any Personal Information or sensitive personal data or information found to be inaccurate or deficient be corrected or amended as feasible. However, ABMUL shall not be responsible for the authenticity of the Personal Information or sensitive personal data or information supplied by you. All Personal Information so provided will be on an ‘as on’ basis.
We will not sale, share, rent or trade your Personal Information with any affiliated or unaffiliated third parties. Further, we will also not disclose your Personal Information with any affiliated or unaffiliated third parties, except as mentioned in this policy and also to: Provide you the product and services, transaction processing and report generation
ABMUL may make anonymous or aggregate Personal Information, and disclose or use such data only in a non-personally identifiable manner for purposes of research, analytics advertising, comparison to organizations approved by ABMUL.
When you choose to delete your linked account from the Website/Mobile App, your data will be permanently expunged from Yodlee’s primary servers and further access to your account will not be possible. The Website/Mobile App will also promptly disconnect any connection it had established to your linked accounts and delete all Account Credentials.
Notwithstanding anything above, portions of your data, consisting aggregate data derived from your Account Information, may remain on Yodlee’s production servers indefinitely. Your data may also remain on their backup server or media. Yodlee keeps these backups to ensure our continued ability to provide the Services to you in the event of malfunction or damage to primary production servers.
The Website would provide you with periodic summaries of your Account Information and send email / SMS alerts. The Website/Mobile App also allows you to subscribe to email newsletters, research information, notifications and from time to time may transmit emails / SMS promoting the Website/Mobile App or third-party products or services. You have the ability to opt-out of receiving our promotional emails / SMS, notification and to terminate your newsletter subscriptions or notification facility as the case may be by following the instructions on the Website/Mobile App. Opting out in this manner will not end transmission of service-related emails / SMS - such transactional alerts.
If you use a bulletin board, blog or chat room on the Website/Mobile App, you should be aware that any information you submit there can be read, collected or used by other users/visitors and could be used to send you unsolicited messages. The Website/Mobile App and ABMUL are not responsible for any personal information you choose to submit in these forums. These forums shall be hosted by the Website/Mobile App or by our third Party Service Providers on ABMUL’s behalf.
The Website will automatically receive and collect certain anonymous information in standard usage logs through our Web server, including computer-identification information obtained from "cookies" sent to your browser from a web server or other means. “Cookies” are alphanumeric identifiers in the form of text files that are inserted and stored by your Web browser on your computer’s hard drive.
When you register for the Services, the Website/Mobile App requires a Login ID and a password from you for your privacy and security. You are responsible for maintaining the confidentiality of your Login ID and password and you may not provide these credentials to any third party. We recommend that you change your password periodically.
While accessing your linked accounts online or linked credit cards, the Website/Mobile App use a combination of firewall barriers, encryption techniques and authentication procedures, among others, to maintain the security of your online session, and to protect Website/ Mobile App accounts and systems from unauthorized access. From the time you submit your Login ID and password, these communications between your computer/mobile and the Website/Mobile App are encrypted using at least 128-bit secure socket layer technology (SSL). This enables client and server applications to communicate in a way that is designed to prevent eavesdropping, tampering and message forgery. The Website/ Mobile App also encrypts your Website/Mobile App password so that your password cannot be recovered, even by us.
The information accessed from your other Financial Institutions is also retained by Yodlee for providing a consolidated view. ABMUL uses the same through secure connections for delivering various services. All our servers are located in a secure facility. Access requires multiple levels of authentication. ABMUL has been verified by Verisign for its use of SSL encryption technologies.
In respect of KYC information provided by you for enabling the online mutual fund transactions and the mutual fund transaction details, such information would be also available with third party technology service provider/main distributor/AMCs/RTAs/authorised service providers and treated as proprietary and confidential in nature by them and to be used/shared/maintained/processed by them only on need to know basis for service enablement.
Mr. Rahul Kolte (Grievance officer)
Aditya Birla MyUniverse Ltd,
12th floor, R-tech, Nirlon Compound,
Off Western Express Highway, Near Hubmall,
Goregaon East, Mumbai – 400063
Phone no: 022-61648311
Last updated: 30/10/2018