Head Office: 0253-2216111Info@nzspks.bank.in
Licence No. UBD.MUM(MAH) 0038/P 2009-10 (Dated 16.01.2010)DICGC Insured
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RBI Regulatory ComplianceLast Updated: July 2026

Privacy Policy

Nashik Zilha Sarkari & Parishad Karmachari Sahakari Bank Niyamit is committed to preserving the privacy, confidentiality, and security of all personal and financial data belonging to our valued members, depositors, and website visitors.

Table of Contents

1. Introduction & Scope2. Information We Collect3. How We Use Information4. Security & Encryption5. Disclosure & Sharing6. Your Data Rights7. Grievance & Contact

1. Introduction & Scope

Nashik Zilha Sarkari & Parishad Karmachari Sahakari Bank Niyamit ('Bank', 'We', 'Us') operates as an RBI-licensed Urban Cooperative Bank (Licence No. UBD.MUM(MAH) 0038/P 2009-10). This Privacy Policy explains how we collect, handle, protect, and process personal and financial data when you visit our website, apply for loans, open savings or fixed deposit accounts, or use our mobile and internet banking services.

By accessing our website or utilizing any of our banking services, you consent to the data practices described in this policy, adhering to the Information Technology Act, 2000, Reserve Bank of India (RBI) guidelines, and applicable data privacy frameworks.

2. Information We Collect

To deliver secure banking services and fulfill statutory KYC mandates, we may collect:

  • Personal IdentificationFull Name, Date of Birth, Aadhaar Number, PAN Card, Father's Name, Photographs.
  • Contact DetailsResidential Address, Mobile Number, Email Address, Emergency Contacts.
  • Employment & Financial InfoGovernment Department details, Salary Slip, Form 16, Bank Statements, CIBIL score.
  • Technical & Log DataIP Address, device details, browser type, operating system, timestamped access logs.

3. How We Use Your Information

Your information is processed strictly for legitimate banking and statutory purposes, including:

  • Opening and operating Savings, Current, Fixed Deposit, and Recurring Deposit accounts.
  • Underwriting, sanctioning, and disbursing personal, home, vehicle, and gold loans.
  • Verifying identity for electronic fund transfers (NEFT / RTGS / IMPS).
  • Sending transaction alerts, OTPs, interest payout notices, and statutory circulars via SMS/Email.
  • Fulfilling RBI regulatory returns, tax compliance (TDS), and DICGC deposit insurance verification.
  • Preventing cyber fraud, money laundering (AML), and unauthorized account intrusions.

4. Security & Encryption Standards

We implement industry-grade technical and organizational security measures to protect your data against unauthorized access, loss, alteration, or disclosure.

256-Bit SSL/TLS Encryption

All web traffic and sensitive banking transactions are transmitted over encrypted TLS channels.

CBS & ISO Controls

Core Banking Solution (CBS) infrastructure is safeguarded behind firewalls and strict access controls.

5. Disclosure & Third-Party Sharing

We DO NOT sell, rent, or trade customer personal data to marketing companies or commercial third parties.

Data is shared only under strict necessity with:

  • Reserve Bank of India (RBI), Income Tax Department, and Law Enforcement upon official statutory orders.
  • Credit Information Companies (CIBIL / Experian / Equifax) as mandated by credit reporting regulations.
  • NPCI / Payment Gateways for facilitating NEFT, RTGS, and RuPay card processing.
  • Deposit Insurance and Credit Guarantee Corporation (DICGC) for deposit coverage verification.

6. Your Data Privacy Rights

As a member/customer of Karmachari Bank, you possess the right to:

  • Request verification and update of your KYC details at your home branch.
  • Request detailed account statements and annual interest certificates (Form 16A).
  • Opt-out of non-essential informational broadcast messages.

7. Grievance & Nodal Officer Contact

If you have any questions, concerns, or grievances regarding this Privacy Policy or data security, please contact our Data Nodal Officer: