Finance (light)
Careful consent for advisers, agents and aggregators
Financial advisers, insurance agents and loan aggregators share data with partners on the customer’s behalf. Record each share with a receipt, and keep sector rules in view.
Consent log
Demo Clinic, all locations, today
| Receipt | Channel | Status |
|---|---|---|
| OP-7K2M-9QXD | QR | Granted |
| OP-4HWN-T8RC | Website | Withdrawn |
| OP-B3Q9-ZK7P | API | Granted |
| OP-M2X6-V4JE | Kiosk | Declined |
| OP-9DRT-5WQA | Granted |
Chain intact through event 1,042. Last anchor 26 Oct, 00:30 IST.
Where you collect consent
Application forms
Separate consent for KYC, partner sharing and credit checks.
Server API
Record consent from your own app and check it before every partner share.
Evidence pack
Export notices, consent logs and chain verification for audits.
Your notice, already started
The finance (light) template sets up 5 purposes, each with its data items and how long it is kept. Edit anything; your counsel should review it before you publish.
Identity checks (KYC)
Needed for the serviceThe law requires us to check your identity before we open an account or arrange a product for you.
Data collected
- Full name
- Date of birth
- PAN
- Address proof
- Photograph
- Aadhaar number (masked where possible)
Kept for: 5 years
Advice and products you ask for
Needed for the serviceWe use your financial details to give advice and arrange the products you choose.
Data collected
- Full name
- Mobile number
- Email address
- Income range
- Existing investments, loans or policies you tell us about
- Goals and risk preference
Kept for: 5 years
Sharing with banks, insurers and lenders
OptionalWe share your application with the bank, insurer or lender you choose so they can make a decision.
Data collected
- Application form details
- KYC documents
- Income proof
- Chosen partner name
Kept for: 5 years
Credit report check
OptionalWith your permission we fetch your credit report to find products you are likely to qualify for.
Data collected
- Full name
- PAN
- Mobile number
- Credit score and report summary
Kept for: 6 months
Market updates and new products
OptionalWe send market updates, renewal reminders and news about new products.
Data collected
- Name
- Mobile number
- Email address
- Products you hold with us
Kept for: 1 year
Things to watch in your industry
- RBI, SEBI and IRDAI rules may add requirements beyond DPDP. Have sector counsel review this template before use.
Guidance for your team, not legal advice.
Systems that need to hear about changes
When someone withdraws or asks for erasure, these are the places their data usually lives. Connect the ones we support; the rest go on a checklist for your team.
- CRM
- KYC / e-sign provider
- Partner portals (banks, insurers, AMCs)
- Credit bureau access
- WhatsApp Business
- Accounting software
Records you may have to keep
An erasure request does not override a legal duty to keep some records. Your team picks the reason, and the person is told which records stay and why.
KYC records
Financial services must keep identity (KYC) records for a period after your account closes.
Insurance claim records
Records sent to your insurer or TPA for a claim must be kept while the claim and any review of it are open.
Invoices and accounts
We must keep invoices and payment records for tax purposes. We keep only what the bill needs.
Open dispute or legal claim
Some records must be kept while a dispute, complaint or legal claim is open.
Start with test keys today. Go live when you’re ready.
Install the widget, record test consents and verify your first receipt in under ten minutes.