The Company does not influence the selection of group members, the decision regarding the income generation activity and the loan amount they intend to take. After formation of the Group, the concerned Field Credit Assistant collects the ID proof and address proof for processing of client details to the Credit Bureau enquiry. After getting the Credit Bureau results, training is conducted for 5 to 7 days on procedures, methodology, calculation of interest rates and business development skills. The purpose of this training is to assist the members in identifying an income generation activity. Once the initial group training is complete and enrolled into a group through a Group Recognition test conducted by the authorized field officer, the groups meet weekly in their villages at a place and time convenient to them. The members undertake the responsibility of approving, disbursing and repaying the loans. A staggered disbursement ratio is maintained in order to build up discipline and promote proper loan utilisation. The field staff of the Company (Field Credit Assistant – Loan Officer) facilitates the loan utilisation, repayments and credit discipline of the groups. At the field level, the Branch manager, Area manager and Divisional manager make surprise visits to the centres/villages and verify the operations with the clients. The clients have access to these higher level staff to highlight and discuss their issues/grievances, if any. The senior staff at field level has been empowered to take certain actions/decisions to address the needs/issues of the clients immediately. Apart from extending microfinance loans, the company also provides micro enterprise/ business loans to individuals
Who We Are
Save Solutions CSP. (together with its subsidiaries — collectively, “Save Solutions CSP,” “we,” or “us”). This Website brings together several of Save Solutions CSP. product/services lines. We recommend you review the privacy statements of the other parties with which you interact. This privacy statement governs information we collect from you when you use this Website.
– Our Website
– Electronic communications ( E-mailers / SMS) from us
– Digital Advertising Campaigns
Products and Services through the online lead forms and questionnaires.
Collection and Disclosure of Information
We limit the collection and use of customer information only on a need-to-know basis to offer better products and services to you. We may gather information such as device & phone number information to provide you with better services and for you to avail a range of offers. We may use the information for customer verification, provision of products and services, for personalization of products or services, marketing or promotion of our financial services or related products or that of our associates and affiliates or for any other purpose that will help us in providing you better services.
We undertake not to disclose the information provided by you to any person, unless such action is necessary:
– For us to provide you services or to enable the completion/compilation of a transaction, credit reporting, or the same is necessary or required pursuant to applicable norms or pursuant to the terms and conditions applicable to such information as agreed to with Save Solutions CSP.
– For us to conform to legal requirements or comply with any legal or regulatory process or any Government/court/other relevant authority/ directions/orders;
– We may share Personal Information with Save Solutions CSP. subsidiaries or Business Partners to carry out transactions you request, to make our business more responsive to your needs, to provide you with information about Save Solutions CSP. and Save Solutions CSP. branded products and services, or for research and analysis.
– For us to enforce the terms and conditions of the products or services availed by customers.
You shall not hold us liable for use or disclosure of information for the aforementioned purposes or in terms of any other agreements with you. Save India CSP. is not responsible for any information practices employed by web sites linked with our web site. Generally, links to non- Save India CSP. web sites are provided solely as pointers to information on topics that may be useful to users of Save India CSP. web site.
Protection of Information:
The information made available to us will be secure and inaccessible to any unauthorized party. The security of our customer’s information is our paramount concern. When the customer inputs any personal or other information, it gets collected through our server(s) in our database(s). Other information accessed by us is also safely collected in our database(s). Our database is password protected and access to which is available only after passing through the various safety controls.
We may contact our customers from time to time in order to gauge the customer’s overall experience in using our online channels. This process is for the improvement of the quality of our services as per the demands and requests of the customers. We may also notify our customers through promotional alerts about our products and services.
This Website offers publicly-accessible blogs or community forums. You should be aware that any information you provide in these areas may be read, collected, and used by others who access them. To request removal of your Personal Information from our blog or community forum, contact us at firstname.lastname@example.org. In some cases, we may not be able to remove your Personal Information, in which case we will let you know if we are unable to do so and why.
Links to Third-Party Websites and Services
This Website may contain links to third-party sites. We cannot control and are not responsible for the privacy practices of such third-party sites. We encourage users to be aware when they leave This Website, and to read the privacy statements of each website they visit. This Privacy Statement applies only to This Website.
Selecting Your Communications Preferences and Opting Out of Marketing
You may choose to receive or not receive marketing communications from us by indicating your preferences. If you would prefer not to receive future marketing communications, or wish to change or modify information previously provided or delete inaccuracies, please contact us at email@example.com. Upon receipt of your request, your information will be updated as soon as possible, but no later than thirty (30) days after our receipt of your request. We will respond to all requests for access to your Personal Information within 30 days. We will retain your Personal Information for as long as your account is active or as needed to provide you services and as necessary to comply with our legal, regulatory or compliance obligations. Even if you opt out of receiving marketing communications, we may still communicate with you in connection with servicing your account, fulfilling your request, or administering any promotion or any program in which you may have elected to participate.
Collection and Use of Children’s Personal Information
We take children’s privacy seriously. We do not knowingly collect Personal Information from children under the age of 13 through This Website. If you are under 13 years of age, please do not submit any Personal Information through This Website without the express consent and participation of a parent or guardian.