1. Purpose of Collection of Information
The information provided by you, including personal, institutional, financial, banking, and other relevant details, will be collected and used solely for the purpose of processing, verifying, and receiving payments due to the Institution.
The information may be used to facilitate payment transactions, validate payment-related details, maintain accurate financial records, reconcile payments, process refunds where applicable, and comply with applicable accounting, audit, taxation, and statutory requirements.
2. Confidentiality of Information
All information provided by you will be treated as strictly confidential and will be accessed only by authorized personnel who require such information for legitimate payment-processing or administrative purposes.
The Institution will take reasonable measures to prevent unauthorized access, use, alteration, disclosure, loss, or misuse of the information provided.
3. Use and Limitation of Information
The information collected will not be used for purposes unrelated to payment processing or the administration of the Institution's legitimate financial and statutory obligations.
The Institution will not sell, rent, trade, or otherwise commercially exploit your personal or financial information.
Where information is required for a specific payment-related activity, only the information reasonably necessary for that activity will be used.
4. Disclosure to Third Parties
Your information will not be disclosed to any third party without your consent, except where such disclosure is necessary for completing or verifying a payment transaction, maintaining financial records, conducting audits, or fulfilling legal, regulatory, governmental, or statutory requirements.
Where payment processing requires the involvement of authorized banks, payment gateways, financial institutions, auditors, technology/service providers, or other authorized entities, relevant information may be shared strictly to the extent necessary for completing the required service and subject to appropriate confidentiality and security obligations.
5. Data Security
Reasonable administrative, technical, and organizational safeguards will be implemented to protect the information provided against unauthorized access, accidental loss, destruction, alteration, misuse, or disclosure.
Access to sensitive information will be restricted to authorized personnel, systems, and service providers based on legitimate business requirements. Appropriate security practices will be followed for the storage, transmission, and handling of payment-related information.
However, while reasonable security measures are implemented, no electronic transmission or storage system can be guaranteed to be completely secure.
6. Financial and Banking Information
Where banking or financial information is required for processing payments, such information will be used only for the intended payment-related purpose.
Sensitive payment credentials such as passwords, PINs, CVVs, OTPs, or similar authentication credentials should not be shared with the Institution unless specifically required through an authorized and secure payment mechanism. The Institution will not request such credentials through unsecured communication channels.
7. Data Retention
Information will be retained only for as long as reasonably necessary to fulfill the purpose for which it was collected, complete payment processing and reconciliation, maintain financial and accounting records, resolve disputes, conduct audits, or comply with applicable legal and regulatory requirements.
Once the information is no longer required, it will be securely deleted, anonymized, or disposed of in accordance with applicable policies and legal requirements.
8. Accuracy of Information
You are responsible for ensuring that the information provided to the Institution is accurate, complete, and up to date. Any incorrect or incomplete information may result in delays, errors, or failure in processing the applicable payment.
If you identify any error in the information provided, you should promptly notify the Institution through the appropriate authorized channel.
9. Compliance with Applicable Laws
The Institution will handle and protect the information in accordance with applicable data protection, privacy, financial, accounting, taxation, and other relevant laws and regulations.
Information may be disclosed where required by law, court order, governmental authority, regulatory authority, law-enforcement agency, or other legally authorized body.
10. Access and Correction
Subject to applicable laws and institutional procedures, individuals may request information regarding the personal data held about them and may request correction of inaccurate or incomplete information.
Requests relating to access, correction, or other privacy-related matters may be submitted to the Institution through the designated contact details provided below.
11. Changes to the Privacy Policy
The Institution reserves the right to update or modify this Privacy Policy from time to time to reflect changes in applicable laws, regulations, technology, payment-processing practices, or institutional requirements.
Any revised version of this Privacy Policy will supersede the previous version and will be effective from the date specified by the Institution.
12. Contact Information
For any questions, concerns, requests, or complaints relating to the collection, use, protection, or handling of your information, please contact:
Dharmaram Vidya Kshetram
Dharmaram College P. O.
Bengaluru, Karnataka,
India - 560 029
Privacy Commitment
By providing your information for payment-related purposes, you acknowledge that the information will be handled in accordance with this Privacy Policy. The Institution is committed to maintaining the confidentiality, security, and integrity of the information provided and will use such information responsibly and only for legitimate and authorized purposes, except where disclosure or use is required or permitted by applicable law.