Privacy Policy

Effective Date: January 1, 2025
Last Updated: January 1, 2025
Jurisdiction: India

Introduction

At Bharat Trust, we value the trust you place in us. Protecting your business data and respecting your privacy is central to how we operate. This Privacy Policy explains in simple, professional terms how we collect, use, share, and protect your data when you use our platform.

1. Our Services

Our platform helps suppliers assess the payment reliability of companies. We do this by analyzing vendor payment records and generating a Payment Reliability Score, which may be shared with verified suppliers to support fair and transparent business decisions.

2. Information We Collect

We only collect business-related information that is necessary for our services, including:

  • Vendor Payment Records: Invoice dates, payment dates, terms, and amounts.
  • Vendor Aging Reports: Outstanding balances grouped by aging periods.
  • Company Identifiers: Legal name, CIN, PAN, GSTIN, registered address, and business contacts.
  • Authorized Representatives: If provided, names, emails, and phone numbers of your authorized personnel, used only for verification and communication.

Important: We do not collect sensitive personal data unless it is absolutely necessary and consented to.

3. Why We Collect Your Data

We use the data you provide for:

  • Analyzing payment behavior and trends.
  • Generating and maintaining the Payment Reliability Score.
  • Sharing scores with verified suppliers to aid in pre-engagement due diligence.
  • Improving our platform, security, and fraud prevention.
  • Complying with applicable laws and regulations.

4. Legal Grounds for Processing

We rely on the following legal bases for processing:

  • Consent – You agree to data use when onboarding or submitting data.
  • Legitimate Interest – To provide scoring services that benefit both suppliers and companies.
  • Legal Obligation – To comply with Indian laws or respond to lawful authority requests.

5. How We Share Data

We respect your confidentiality. We do not sell or trade your data. Sharing happens only in limited circumstances:

  • With your consent.
  • With verified suppliers, but only in the form of scores or anonymized insights.
  • With regulators, if required by law.
  • With trusted service providers who support our operations under strict confidentiality agreements.

6. Keeping Your Data Safe

We follow industry-standard practices and Indian legal requirements (IT Act Section 43A, SPDI Rules, DPDP Act) to secure your data, including:

  • Encrypted data transfer (SSL/TLS).
  • Access control and authentication for authorized staff only.
  • Secure cloud infrastructure with regular audits.
  • Incident response procedures for data breaches.

7. Data Retention

We keep your data only for as long as it's needed for the purposes outlined above or as required by law. If you withdraw consent or discontinue our services, we will securely delete your data within 30 days, unless law requires us to keep it longer.

8. International Transfers

If your data needs to be transferred outside India, we ensure it is protected by:

  • Adequate safeguards under Indian law.
  • Contractual commitments from overseas service providers to maintain equivalent protection.

9. Your Rights

Under the Digital Personal Data Protection Act, 2023 (DPDP Act), you have the right to:

  • Access the data you have shared with us.
  • Request correction of inaccurate or incomplete data.
  • Withdraw your consent at any time.
  • Ask us to delete your data ("Right to be Forgotten"), subject to legal requirements.

To exercise these rights, contact us at thebharattrust@gmail.com. We will respond within statutory timelines.

10. Your Consent

By submitting data, you confirm that:

  • You are authorized to share such data.
  • You consent to its use for the purposes stated above.
  • You accept this Privacy Policy and our Terms of Use.

You may withdraw consent at any time, but this will not affect processing already lawfully carried out.

11. Grievance Redressal

In line with Indian data protection rules, we have appointed a Grievance Officer. If you have concerns about how your data is handled, you may contact:

Name:Grievance Officer, Bharat Trust
Email:thebharattrust@gmail.com
Response Time:Within 15 working days

12. Updates to this Policy

We may update this Privacy Policy to reflect changes in law, technology, or business practices. If changes are significant, we will notify you by email or through our platform. Continued use of our services after updates means you accept the revised policy.

13. Contact Us

If you have questions about this Privacy Policy or your data, please contact:

Contact Information

thebharattrust@gmail.com
+91-8849837829

Company Address

Bharat Trust
India's Trusted Payment Behavior Scoring Platform
Founded 2025