As a part of The Ambika Mahila Sahakari Bank Ltd. Ahmednagar located at House No:4638, Panchpir Chavadi, Maliwada, Ahilyanagar 414001, ongoing efforts are made to ensure compliance with modern banking practices, customer trust/satisfaction, security-oriented service, and banking services. The bank has adopted a privacy policy aimed at protecting personal information entrusted and disclosed to The Ambika Mahila Sahakari Bank Ltd. Ahmednagar. This policy governs how the bank collects, uses, discloses, stores, secures, and disposes of personal information.

This policy is the property of The Ambika Mahila Sahakari Bank Ltd. Ahmednagar and cannot be conveyed in any manner or form outside the bank without prior written consent. The bank reserves the right to modify this policy at any time and will endeavour to post the most current version on its website.

This policy applies to personal and sensitive personal data or information collected by the bank or its affiliates directly from customers or through its online portals, mobile apps, and electronic communications, as well as any information collected by the bank’s servers from a customer’s browser.

Types of Information Collected

• Personal Information: Name, contact details, residential address, date of birth, ID/passport details, education.
• Financial Details: Income, expenses, credit history.
• Employment Details: Occupation, directorships, employment history, salary, benefits.
• Investment Information: Risk profile, objectives, knowledge, experience, business assets.
• Banking Information: Account numbers, banking transactions.
• Opinions: Feedback, survey responses.
• Mobile Device Information: Device location, model, storage, network, SMS, call logs, contacts.

1. Commitment

a) Information is collected from users directly and through navigation or other means.

b) Our websites may contain links to third-party websites not governed by this privacy policy. Please review their policies separately.

2. Security

The Ambika Mahila Sahakari Bank Ltd. Ahmednagar grants access to personal information only to authorized employees who are bound by confidentiality and policy compliance.

3. SMS and Email Privacy

• The bank does not request sensitive info like PINs, passwords, CVV via any medium.
• The bank does not send unsolicited messages or emails.
• Contact information is registered or updated only with user consent.

4. Disclosure

Users authorize the bank to share information with affiliates, financial institutions, credit bureaus, agencies, etc., for purposes such as legal compliance, credit scoring, and analysis. The bank is not liable for such disclosures.

5. Consent

• Users consent to legal disclosures, enforcement of terms, fraud prevention, and communication from the bank.
• Users agree not to share their passwords and to maintain security best practices.

6. Reasonable Security Practices and Procedures

The Ambika Mahila Sahakari Bank Ltd. Ahmednagar ensures the security of personal information through appropriate safeguards including physical, electronic, and procedural measures in compliance with applicable laws and standards.

The bank may revise this policy periodically. Please refer to the effective date below for the latest version.

Approved by the Board of Directors on 23-May-2025 On behalf of the Board of Directors