Data Privacy & Protection
At I&M Bank, we prioritize the trust and satisfaction of our customers. We are committed to protecting your personal data and ensuring your privacy. Our Data Protection and Privacy Policy is designed to provide a transparent process for handling your personal information and safeguarding your privacy.
Data Collection and Use We collect personal data to provide you with the best possible banking services. This includes information such as your name, contact details, account information, and transaction history. We use this data to:
- Manage your accounts and provide banking services.
- Improve our products and services.
- Communicate with you about your account and our services.
- Comply with legal and regulatory requirements.
- Encryption of sensitive data.
- Regular security audits and assessments.
- Access controls to ensure only authorized personnel can access your data.
- Secure storage and transmission of data.
- Right to Personal Data: Access and control over your personal data.
- Right to Object: Object to the processing of your personal data.
- Right to Personal Data Portability: Transfer your personal data to another service provider.
- Right Not to be Subject to a Decision Based on Automated Data Processing: Challenge decisions made solely on automated processing.
- Right to Restriction of Processing of Personal Data: Request the restriction of processing your personal data under certain circumstances.
- Right to Erasure of Personal Data: Request the deletion of your personal data, subject to legal and regulatory requirements.
- Right to Rectification: Request correction of any inaccurate or incomplete data.
- Right to Designate an Heir to Personal Data: Appoint an heir to manage your personal data in the event of your death.
- Right to Representation: Appoint a representative to exercise your data protection rights on your behalf.