01Who We Are
Parivaar CFO is a family-focused financial management platform designed to help households bring their financial information together, understand their financial position, plan for important goals, and take timely action.
Our approach:
See → Understand → Act
We aim to provide financial clarity while keeping you in control of your information.
02Information We Collect
Depending on the features you use, we may collect the following information.
Account information
- Full name
- Email address
- Mobile number
- Password and authentication information
- Profile photograph, if provided
- Preferred language
- Account preferences
Household information
- Household name
- Family members
- Relationships between members
- Date of birth or age where provided
- Household roles
- Access permissions
- Family invitations and household codes
Financial information
When you choose to provide or connect financial information, this may include:
- Bank account information
- Account balances
- Transaction information
- Income
- Expenses
- Savings
- Loans and liabilities
- Insurance information
- Investments
- Financial goals
- Recurring payments
- Upcoming financial commitments
Manually added information
You may also provide information that connected financial accounts do not contain, such as:
- Cash expenses
- Rent
- Household expenses
- Money given to family members
- Unconnected accounts
- Future commitments
- Financial goals
- Other information you choose to add
Documents
You may choose to upload financial documents or other documents to help organize or understand your financial information.
03Information From Connected Financial Accounts
Where supported, Parivaar CFO may allow you to connect financial accounts through Account Aggregators or other authorized financial-data providers.
We only access financial information after the required consent is provided.
Our principle:
No consent → No access.
You choose which accounts to connect and what information you authorize us to access.
Where applicable, you can withdraw or revoke your consent through the available consent mechanism.
04Why We Collect Your Information
We use your information to provide and improve Parivaar CFO. This may include:
Providing the service
- Creating and maintaining your account
- Setting up your household
- Connecting authorized financial accounts
- Displaying your financial information
- Providing requested features
Financial understanding
We may use your information to help you:
- Understand income and expenses
- Track cash flow
- Monitor financial goals
- Identify potential financial gaps
- Track upcoming payments
- Understand savings and commitments
- Organize your household finances
AI-powered features
We may use your information to provide:
- Financial explanations
- Summaries
- Pattern detection
- Answers to financial questions
- Financial insights
- Alerts and reminders
- Document understanding
Security
We may use information to:
- Protect accounts
- Detect suspicious activity
- Prevent fraud and abuse
- Maintain platform security
- Investigate security incidents
Communication
We may use your contact information to send:
- OTPs
- Account verification messages
- Security alerts
- Important account notifications
- Service updates
- Support responses
05How We Use Financial Information
Your financial information may be processed to create a consolidated view of your household finances.
For example, Parivaar CFO may help you understand:
- Income
- Expenses
- Savings
- Commitments
- Goals
- Financial Health
We use this information to provide the features and insights you request.
Consent comes first
We do not use your financial information simply because you have created an account. Access to connected financial information requires the applicable consent.
06AI and Financial Insights
Parivaar CFO may use artificial intelligence to help explain and organize your financial information.
Parivaar CFO does not rely on AI alone for calculations or financial records. Where applicable, financial calculations and account information are based on underlying data and system logic, while AI is used to explain, summarize or assist with understanding.
AI features may:
- Explain transactions
- Summarize financial activity
- Identify patterns
- Highlight potential issues
- Answer questions
- Explain financial concepts
- Generate financial insights
- Help you understand possible actions
Check before you act
AI-generated information may sometimes be incomplete or inaccurate.
You should verify important information before making significant financial, investment, tax, insurance, lending, or other decisions.
Parivaar CFO does not guarantee any financial outcome.
07Family Privacy and Permissions
Parivaar CFO is designed for families.
A household may contain multiple members with different access levels. For example:
Full access
Can see and manage what the member has chosen to share.
View only
Can see shared information but not change it.
Limited access
Sees only the parts they have been given.
Each adult decides:
Household membership does not automatically provide access to another member’s financial information.
Each adult member’s financial information is subject to the applicable consent and permissions.
You are responsible for inviting people you trust and choosing appropriate permissions.
08Information About Children
Parivaar CFO may support households containing children.
Children’s personal information will be handled in accordance with applicable law and appropriate parental or guardian controls.
We do not intentionally require children to independently provide sensitive financial information without appropriate authorization.
10We Do Not Sell Your Financial Data
Your financial information is not an advertising product.
We do not sell the following to advertisers:
- Bank transactions
- Account balances
- Financial goals
- Household financial information
- Financial health information
We will not use your financial information for unrelated marketing purposes without an appropriate legal basis and required consent.
11Data Security
We use reasonable technical and organizational measures designed to protect your information.
These may include:
- Encryption
- Secure authentication
- Access controls
- Role-based permissions
- Rate limiting
- Audit logs
- Security monitoring
- Secure infrastructure
- Restricted access to sensitive information
However, no online service can guarantee complete security.
You are also responsible for protecting your password, OTPs, devices, and account credentials.
12Data Retention
We retain personal information only for as long as reasonably necessary for purposes such as:
- Providing the service
- Maintaining your account
- Security
- Fraud prevention
- Legal and regulatory obligations
- Resolving disputes
- Enforcing our agreements
When information is no longer required, we may delete or anonymize it in accordance with applicable law and our retention procedures.
13Your Privacy Rights
Subject to applicable law, you may have rights to:
- Access information about your personal data
- Request correction of inaccurate information
- Request deletion where legally applicable
- Withdraw consent where consent is the basis for processing
- Request information about processing
- Raise a privacy complaint
- Exercise other rights available under applicable data-protection laws
We will provide appropriate mechanisms for exercising these rights.
14Withdrawal of Consent
Where processing is based on consent, you may withdraw your consent through the applicable mechanism provided by Parivaar CFO.
Withdrawing consent may affect certain features.
For example
If you revoke access to a connected bank account, Parivaar CFO may no longer receive new information from that account.
Withdrawal of consent does not necessarily affect processing that was already lawfully completed before withdrawal or processing that is permitted or required by law.
15Financial Data Sources
Parivaar CFO may identify where information comes from. Information may be classified as:
Connected
Information received from an authorized financial connection.
Manual
Information entered by you.
Imported
Information uploaded or imported by you.
Verified
Information confirmed through an applicable verification process.
This helps you understand the source of information used in your financial picture.
16Duplicate Information
Parivaar CFO may identify possible duplicate information when the same financial activity appears from multiple sources.
For example
An expense may appear both in a connected bank account and as a manual entry.
Where possible, we may ask you to review the information so that the same transaction is not incorrectly counted twice.
18Third-Party Services
Parivaar CFO may integrate with third-party services.
These may include financial institutions, Account Aggregators, payment providers, identity verification providers, communication providers, cloud providers, and AI technology providers.
Third-party services have their own terms and privacy policies.
We recommend reviewing those policies when you use an integrated service.
19Payments
If you purchase a paid Parivaar CFO subscription, payment information may be processed by our payment provider.
We do not need to store your complete card details when payment processing is handled by the payment provider.
Payment providers may process information according to their own privacy policies and applicable requirements.
20International Users
Parivaar CFO may be available to users outside India.
If you use Parivaar CFO from another country, additional privacy laws may apply depending on your location.
We will handle personal information according to applicable legal and regulatory requirements.
21International Data Processing
Some service providers may process information outside the country where you live.
Where applicable, we will use appropriate safeguards required by applicable law.
We will provide additional information where required.
22Security Incidents
If we become aware of a security incident involving personal information, we will investigate it and take appropriate steps.
Where notification is required by applicable law, we will notify the relevant users, authorities, or other parties as required.
23Account Deletion
You may request deletion or closure of your Parivaar CFO account, subject to applicable legal, regulatory, security, and record-retention requirements.
When permitted, we will delete or anonymize information that is no longer required.
Some information may need to be retained where required by law or for legitimate security, fraud-prevention, dispute-resolution, or legal purposes.
24Changes to This Privacy Policy
We may update this Privacy Policy when:
- Our services change
- New features are introduced
- Our data practices change
- Security practices are improved
- Laws or regulations change
When we make significant changes, we may provide additional notice where required.
The latest version will always display the Last Updated date.
25Contact Us
If you have questions about privacy or how your information is handled, you can contact Parivaar CFO through the contact details provided on our website.
For privacy-related requests, please include enough information for us to understand and respond to your request.
