Term of service

1. Introduction

Yesun Shijir Invest NBFC (“we,” “our,” or “the Company”) values your privacy and is committed to protecting your personal information in compliance with the Law on Personal Data Protection of Mongolia.

This Privacy Policy explains how we collect, use, store, and safeguard your information when you use our mobile application and website (collectively, the “Services”).

By using our Services, you consent to the collection and processing of your information as described in this Policy.

2. Information We Collect

We may collect the following categories of personal information:

  • Personal Identification: Full name, national ID number, and date of birth

  • Contact Information: Phone number, email address, and physical address

  • Financial Information: Loan or investment details, account numbers, repayment records

  • Device & Technical Data: IP address, browser type, operating system, device ID, and app usage statistics

  • Cookies and Tracking: For improving user experience and analytics (on web platform)

We do not collect sensitive personal data (such as health or biometric data) unless required by law or user consent.

3. How We Use Your Information

We use your data to:

  • Verify your identity and process applications

  • Provide NBFC services such as loans and investments

  • Contact you regarding account activity, support, or updates

  • Improve our products, services, and user experience

  • Comply with legal and regulatory obligations (FRC and other authorities)

4. Legal Basis for Processing

We process your data based on:

  • User consent when you submit information via our app or website

  • Contractual necessity to provide financial services

  • Legal obligations under Mongolian financial and data protection laws

  • Legitimate interests to improve service quality and ensure security

5. Data Storage and Retention

Your personal data is stored securely in Mongolia or other jurisdictions approved under data protection regulations.
We retain your data only as long as necessary to:

  • Fulfill the purpose of collection

  • Comply with financial recordkeeping laws

  • Resolve disputes or enforce agreements

6. Data Sharing and Disclosure

We may share your information with:

  • Authorized financial partners or regulators (e.g., FRC, Bank of Mongolia)

  • Service providers (IT, hosting, payment gateways) under confidentiality agreements

  • Legal authorities when required by law

We never sell personal data to third parties.

7. Cookies (Web Platform Only)

Our website uses cookies for analytics and security. You may disable cookies through your browser, but some features may not function correctly.

8. User Rights

Under Mongolian law, you have the right to:

  • Access and review your personal data

  • Request correction or deletion of inaccurate data

  • Withdraw consent for data processing

  • Submit complaints to the Personal Data Protection Authority of Mongolia

Requests can be made by contacting us (see Section 10 below).

9. Data Security

We apply administrative, technical, and physical security measures to protect your information against unauthorized access, alteration, disclosure, or destruction.
These include data encryption, access control, and secure servers.

10. Contact Information

If you have any questions or requests regarding this Privacy Policy, please contact us at:

📧 Email: [insert email address]
📞 Phone: [insert phone number]
🏢 Address: [insert company registered address]