Aadhaar Consent

Understanding how we handle your Aadhaar information with complete transparency and security.

At Sapphire Broking, we respect your privacy and are committed to protecting your personal information, including your Aadhaar details. This consent document explains how we handle Aadhaar information during the account opening process.

We believe in complete transparency about our data handling practices and want you to make an informed decision about sharing your Aadhaar information with us.

1. VOLUNTARY SUBMISSION

1.1. Optional Provision

  • Providing your Aadhaar is completely optional and voluntary.
  • Aadhaar is only needed if you'd like to complete your Sapphire Broking account opening online.
  • You can use Aadhaar for digitally signing the account opening form for convenience.
  • If you prefer not to use Aadhaar, you can complete the account opening process offline by signing physical forms.
  • No Aadhaar sharing is required for offline account opening process.

2. DATA HANDLING AND STORAGE

2.1. No Aadhaar Storage Policy

  • Sapphire Broking does not store your complete Aadhaar details on our platform.
  • You will not enter Aadhaar details directly on the Sapphire Broking platform.
  • Our third-party verification partner, Surepass, securely retrieves limited KYC data on our behalf.
  • This process ensures your Aadhaar details never touch our systems directly.

2.2. Limited Data Retrieved

  • Last four digits of your Aadhaar or Virtual ID (VID) only.
  • Full name as registered with UIDAI.
  • Date of birth from Aadhaar records.
  • Gender information.
  • Registered address details.
  • Photograph from Aadhaar database.

3. THIRD-PARTY VERIFICATION PARTNER

3.1. About Surepass

  • Surepass is an authorized Aadhaar service provider certified by UIDAI.
  • They connect directly to UIDAI systems for eKYC purposes.
  • Surepass complies with all guidelines set by the Ministry of Electronics and IT (MeitY), Government of India.
  • They enable Aadhaar holders to digitally verify their identity securely.
  • Surepass maintains the highest standards of data security and privacy.

3.2. Secure Data Flow Process

  • The data flow is handled securely through encrypted channels.
  • The process is equivalent to completing physical KYC at our offices.
  • Online method provides a faster and fully compliant verification option.
  • Offline route remains available if you prefer traditional methods.
  • All processes comply with UIDAI regulations and guidelines.

4. ESIGN PROCESS

4.1. Digital Document Signing

  • Your Aadhaar will be shared with Surepass to facilitate eSign of account opening documents.
  • Surepass will never pass your Aadhaar information to Sapphire Broking during eSign process.
  • The eSign process is conducted through UIDAI's authorized eSign service providers.
  • Digital signatures have the same legal validity as physical signatures.

4.2. Document Delivery

  • Once documents are e-signed successfully, both you and Sapphire Broking receive copies.
  • Digitally signed forms are legally binding and compliant with IT Act, 2000.
  • All signed documents are stored securely in our document management system.
  • You can access your signed documents anytime through your account portal.

5. DATA SECURITY AND RETENTION

5.1. Security Measures

  • All Aadhaar-related data is stored in our encrypted Aadhaar vault.
  • We implement industry-standard encryption protocols for data protection.
  • Access to Aadhaar vault is restricted to authorized personnel only.
  • Regular security audits are conducted to ensure data integrity.
  • Multi-factor authentication is required for accessing sensitive data.

5.2. Data Retention Policy

  • After successful completion of online process, we retain only the last four digits of your Aadhaar number.
  • Minimal KYC information (name, DOB, gender, address, photograph) is retained as per regulatory requirements.
  • Data retention is carried out strictly as per UIDAI circular dated July 25, 2017.
  • We do not retain complete Aadhaar numbers or any other sensitive biometric data.
  • Data is purged as per prescribed timelines and regulatory guidelines.

5.3. Regulatory Compliance

  • All processes comply with Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016.
  • We adhere to UIDAI regulations and circulars regarding Aadhaar data handling.
  • Compliance with Information Technology Act, 2000 and associated rules.
  • Regular compliance audits are conducted by independent third parties.
  • Any violations are immediately reported and corrected as per regulatory requirements.

Key Highlights

Completely Optional

Providing Aadhaar is entirely voluntary. You can always choose offline account opening.

No Direct Storage

Your complete Aadhaar details never touch our systems directly.

Authorized Partner

Surepass is UIDAI authorized and MeitY compliant for secure eKYC processing.

Minimal Retention

We only retain last 4 digits and basic KYC data as per UIDAI guidelines.

Contact Information

For questions or concerns regarding Aadhaar consent and data handling, please contact:

Data Protection Officer

Last Updated: June 26, 2025

Ready to unlock new

revenue opportunities?