zeroda ckyc 3rd party access clarification

237°
Finance Ninja
Tanmayyy

Even a brokerage company like zerodha is selling data of it’s users. According to this tweet:
https://twitter.com/karticbedi/status/154316481...

Edit: As pointed out by @getready it might just be data from ckyc.

Expired
Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
21 Comments  |  
8 Dimers
  • Sort By
Finance Ninja Finance Ninja
Link Copied
Expand
kartikxxx wrote:
All discount brokers do this
I wouldn't mind them selling data anonymously but they are being shameless and sharing completely unmasked according to the tweet
Deal Major Deal Major
Link Copied
Expand
Tanmayyy wrote:
I wouldn't mind them selling data anonymously but they are being shameless and sharing completely unmasked according to the tweet
Unmasked denge tabhi toh scams badhenge.. Do u think banks don't do this? They also sell data, to loan agencies, tabhi toh spam calls aate hai...har koi data sell kar rha hai, data is the new petrol smirk.
Finance Ninja Finance Ninja
Link Copied
Expand
kartikxxx wrote:
Unmasked denge tabhi toh scams badhenge.. Do u think banks don't do this? They also sell data, to loan agencies, tabhi toh spam calls aate hai...har koi data sell kar rha hai, data is the new petrol smirk.
I would rather give my data to scamsters than these apps like dhani or lazypay that can open a loan on my docs without even my consent pensive . Kam se kam scamsters ko gaaliyan deke avoid to kar sakte hain.
Deal Major Deal Major
Link Copied
Expand
Tanmayyy wrote:
I would rather give my data to scamsters than these apps like dhani or lazypay that can open a loan on my docs without even my consent pensive . Kam se kam scamsters ko gaaliyan deke avoid to kar sakte hain.

https://cdn0.desidime.com/attachments/photos/784611/medium/images_%285%29_%281%29.jpeg?1656827529
Mobile Guru Mobile Guru
Link Copied
False allegations!
Not sure how/why this person saying zerodha leaking/selling user data when he himself shared his PAN with LazyPay for PayLater/Loan KYC

https://cdn0.desidime.com/attachments/photos/784623/medium/IMG_20220703_114212.jpg?1656828749

Finance Ninja Finance Ninja
Link Copied
getready wrote:
False allegations!
Not sure how/why this person saying zerodha leaking/selling user data when he himself shared his PAN with LazyPay for PayLater/Loan KYC

https://cdn0.desidime.com/attachments/photos/784623/medium/IMG_20220703_114212.jpg?1656828749

So the photo that lazypay got is actually just from ckyc?
Mobile Guru Mobile Guru
Link Copied
Expand
Tanmayyy wrote:
So the photo that lazypay got is actually just from ckyc?
Most likely
Generous Generous
Link Copied
Why would they leak their own documents with their name on it? Must be from ckyc. Nithin may respond to these allegations soon.
Critic Critic
Link Copied
Expand
Tanmayyy wrote:
So the photo that lazypay got is actually just from ckyc?
Any financial institution/company can use ckyc after paying the fee.
Deal Cadet Deal Cadet
Link Copied

zerodha can quickly make money with a small brokerage. People desperate for money will sell data, aggregated data of net buys and sell on platform shouldn't bother anyone

Generous Generous
Link Copied
They are one of the few companies profitable with no VC funding. Why would they bother about few lakhs or crores by selling user data in the first place sweat_smile
Benevolent Benevolent
Link Copied
Expand
Tanmayyy wrote:
I wouldn't mind them selling data anonymously but they are being shameless and sharing completely unmasked according to the tweet
What logic is this? Khoon kardo par criminal pakda na jaye. 22g sebi is mahachor they won't do anything. Sec hota to zerodha valo ko ragad deta
Benevolent Benevolent
Link Copied
getready wrote:
False allegations!
Not sure how/why this person saying zerodha leaking/selling user data when he himself shared his PAN with LazyPay for PayLater/Loan KYC

https://cdn0.desidime.com/attachments/photos/784623/medium/IMG_20220703_114212.jpg?1656828749

Paji in his first tweet the photo is from zerodha form
Benevolent Benevolent
Link Copied
Expand
guest_999 wrote:
Any financial institution/company can use ckyc after paying the fee.
But paji how come photo from zerodha form start to reflect there?
Deal Cadet Deal Cadet
Link Copied
Expand
kukdookoo wrote:
But paji how come photo from zerodha form start to reflect there?
you perform kyc on zerodha -> zerodha watermarked pic ges added to ckyc

other nbfc requests kyc data from ckyc if available [meaning ckyc has that user's kyc data done from anywhere] they share it as most probably kyc data will be same so no need to do it again and again.

this is how they can get it

Note: there may be other factors I'm just saying basic process how they can get it
Critic Critic
Link Copied

@admin request to change thread title to "zerodha ckyc 3rd parties access clarification".

Finance Ninja Finance Ninja
Link Copied
guest_999 wrote:

@admin request to change thread title to "zerodha ckyc 3rd parties access clarification".

Done
replyuser
Click here to reply
Reply