Privacy policy

This policy explains what personal information Vasavi Chits collects through this website and app, and how it is used.

What we collect

• Account details: name, mobile number, email address and password (stored only in encrypted form).
• KYC details you upload for membership: identity and address documents, PAN, bank account and nominee details.
• Chit and payment records: your groups, installments, payments, dividends and payouts.
• Technical details such as device type and IP address, used for security.

How we use it

To run your chit membership, verify your identity, send verification codes and reminders, contact you about groups you are interested in, and meet legal and regulatory requirements.

Who can see it

Your full details are visible only to you and authorised staff. Other members of a group see only your name and the last four digits of your mobile number. We do not sell your information.

Your choices

You can update your name in your profile. To correct other details or close your account, contact us at vasavichits@gmail.com. Some records must be kept for the period required by law.

Last updated November 2026.