01Privacy First
Your financial information is deeply personal.
Parivaar CFO is designed to help your family understand its finances without giving up unnecessary control over your information.
Our principles
Consent first
We access connected financial information only through the applicable consent process.
Purpose limited
We use information to provide the features and services you request.
Minimum access
We aim to collect and use only information necessary for the relevant feature.
You stay in control
You can manage your account, family permissions and applicable data-sharing consents.
No selling financial data
We do not sell your personal or financial information to advertisers.
02Your Consent Comes First
When you connect a financial account, you should understand:
- What information is being requested
- Why it is being requested
- Which service is providing the information
- What the information will be used for
- What access you are giving
Our core rule:
No consent → No access.
Parivaar CFO does not treat simply creating an account as permission to access your bank information.
03Secure Account Access
We protect your Parivaar CFO account using security measures designed to prevent unauthorized access.
These may include:
- Secure authentication
- Password hashing
- OTP-based verification where applicable
- Secure session management
- Rate limiting
- Access controls
- Protection against common authentication attacks
Your responsibility
Never share your password, OTP, authentication codes or recovery information with anyone.
04Protecting Financial Information
Financial information requires additional care.
Depending on the feature, information may include:
- Bank accounts
- Transactions
- Balances
- Income
- Expenses
- Loans
- Investments
- Insurance
- Financial goals
- Household commitments
Access to this information is controlled through authentication, permissions and applicable consent mechanisms.
05Family Privacy
Parivaar CFO is built specifically for households, but family membership does not automatically mean financial-data access.
You can have different levels of household access, such as:
Full access
For members who need broader household management access.
View only
For members who only need to view permitted information.
Limited access
For members who should have access to specific information or features.
Each adult member's financial-data sharing is subject to the applicable consent.
06Data Security
We use reasonable technical and organizational safeguards to protect information handled through Parivaar CFO.
Our security approach may include:
Encryption
Protecting information while it is transmitted and, where appropriate, stored.
Access controls
Limiting access to authorized systems and people.
Secure authentication
Protecting accounts using secure authentication mechanisms.
Auditability
Maintaining appropriate records of important security and data-access events.
Rate limiting
Limiting repeated requests to help prevent abuse and automated attacks.
Security monitoring
Monitoring systems for suspicious activity and security issues.
07AI Privacy
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 may help with:
- Financial explanations
- Summaries
- Pattern detection
- Questions
- Document understanding
- Financial insights
AI-generated information can sometimes be inaccurate.
You should verify important information before making significant financial decisions.
Our position:
AI helps you understand your finances. It does not guarantee financial outcomes.
08Third-Party Services
Parivaar CFO may work with trusted third-party infrastructure providers to provide certain services.
Depending on the feature, these may include:
- Account Aggregator infrastructure
- Banks and financial institutions
- Identity verification providers
- Payment providers
- Email and SMS providers
- Cloud infrastructure
- AI technology providers
- Security and monitoring services
We aim to share only the information reasonably necessary for the relevant service and applicable purpose.
09Financial Data Is Not Advertising Data
Your family's financial information should not become an advertising product.
We do not sell any of these to advertisers:
- Your bank transactions
- Your account balances
- Your financial goals
- Your household financial information
- Your financial health information
10Manual Information
Not all financial information comes from a bank.
You may manually add things such as:
- Cash expenses
- Rent
- Household expenses
- Money given to family
- Unconnected accounts
- Future commitments
- Financial goals
Manual information helps create a more complete financial picture.
You remain responsible for the accuracy of information you enter.
11Data Sources
Parivaar CFO can distinguish information based on its source.
Connected
Received through an authorized financial connection.
Manual
Entered by you.
Imported
Added through an upload or import.
Verified
Confirmed through an applicable verification process.
This helps you understand where your financial information came from.
12Your Data Controls
Where applicable, you can:
- Review your information
- Correct inaccurate information
- Manage household permissions
- Manage connected accounts
- Withdraw applicable consent
- Request deletion
- Close your account
- Contact us about privacy concerns
Some information may need to be retained where required by law or for legitimate security, fraud-prevention or legal purposes.
13Security Is an Ongoing Process
Security is not something we consider “finished.”
As Parivaar CFO grows, we plan to continuously improve:
- Infrastructure security
- Authentication
- Access controls
- Monitoring
- Vulnerability testing
- Security testing
- Data protection
- Incident response
- Privacy controls
Before handling production financial data at scale, our security and compliance systems will be reviewed and strengthened accordingly.
14If Something Goes Wrong
If we identify a security incident involving personal information, we will investigate and take appropriate action.
Where notification is required by applicable law, we will notify relevant users, authorities or other parties as required.
15Our Security Promise
We cannot promise that any online service will be completely immune from every possible security threat.
What we can promise is that we will treat your family's financial information seriously and continuously work to protect it.
Our promise:
Your trust is not a feature. It is our responsibility.
16Read Our Policies
For complete legal information:
How we collect, use, store and share personal information.
The rules governing your use of Parivaar CFO.
How financial-data access and consent work.
