Privacy Policy

Effective Date: 01-01-2025

This Privacy Policy explains how Fit Loans, operated by S J Digital Business Solutions Private Limited, collects, uses, and protects your personal information when you use fitloans.lk.

By logging in, registering, or applying for a loan, you agree to this policy and take full responsibility for the information you provide.

1. Information We Collect

We collect personal and financial details required for loan evaluation and processing:

– Full name and NIC number (used as your login username)
– Mobile number (used as your login password)
– Address, employment details, and loan history

2. How We Use Your Information

Your information is used to:

– Process and review loan applications
– Identify new or repeat borrowers
– Communicate loan status and payment reminders
– Maintain compliance with legal and regulatory requirements
– Improve service delivery and security

3. Interest Rates and Repayment Terms

By submitting a loan application, you agree to the following terms:

– Interest rate: 15% for 30 days
– Penalty rate: 0.5% per day if overdue
– Repayment amount includes principal, interest, and applicable penalties

4. Customer Responsibility

– You are responsible for all actions taken using your account
– NIC number is your login username
– Mobile number is your login password
– Do not share your credentials
– You are responsible for reviewing loan terms before submitting an application

5. Data Sharing

We do not sell your data. Information is shared only:

– With banks or processors strictly for loan handling
– With legal/regulatory authorities when required
– With secure, contract-bound third-party service providers

6. Data Security

We apply technical and administrative safeguards, including encrypted data transmission, secure hosting, and access control, to protect your data.

7. Your Rights

You may:

– Access your personal data
– Correct inaccurate data
– Request deletion of your data (unless retention is required by law)

To make a request, contact: info@fitloans.lk

8. Cookies

We use cookies for session management and functionality. You can disable cookies in your browser settings.

9. Lending Platform

All loans are issued directly by S J Digital Business Solutions Private Limited. We do not redirect to external websites or work with third-party lenders. All loan transactions and data remain within our secure system.

10. Age Restriction

Our services are intended only for users aged 18 years and above. By using our platform, you confirm that you meet this requirement.

11. Consent to Communication

By registering and applying for a loan, you consent to receive notifications via SMS, email, phone, or WhatsApp regarding your loan status, repayments, and account activity.

12. Loan Application Accuracy

You are responsible for ensuring that all information submitted is true, accurate, and complete. False or misleading submissions may result in loan rejection or legal action.

13. Retention of Records

We retain personal and financial data only as long as necessary for legal and operational purposes. Once no longer required, data is securely deleted.

14. Legal Jurisdiction

This Privacy Policy is governed by the laws of Sri Lanka. Any legal matters shall be handled under the jurisdiction of Sri Lankan courts.

15. Changes to This Policy

We may update this policy without notice. Please review this page regularly for changes.

16. Contact Us

S J Digital Business Solutions Private Limited
Email: info@fitloans.lk
Phone: +94 114 351 531