This policy clearly explains how your personal information is collected, used, and kept secure at Banlabit.
How Banlabit collects and protects your data — at a glance
Banlabit only collects information strictly necessary to provide its services. We do not request unnecessary personal data.
Minimal Data PolicyYour data is always protected through 256-bit SSL encryption, firewalls, and regular security audits.
Bank-Level SecurityYour information is never sold or transferred to any advertising company or third party. Not ever.
Zero data sellingYou will always be clearly informed about what data is being used and for what purpose. Your data will never be used without your consent.
Consent-BasedYou can request deletion of your data at any time. Unless required by law, it will be completed within 30 days.
Right to ErasureYou have full control over which cookies are enabled or disabled. Only essential cookies are mandatory; all others are optional.
In your controlBanlabitWelcome to . We believe your personal privacy is a fundamental right — not just a legal obligation, but a commitment we stand by.
This privacy policy explains what information we collect about you when you use the banlabit.net website and app, why we collect it, and how we keep it secure. If you have any questions after reading this policy, please contact us at support@banlabit.net.
Important: By using Banlabit's services, you agree to this Privacy Policy. If you are under 18, please do not use our services.
Banlabit only collects the information necessary to provide our services. We never ask for data we don't need.
⚠️ What we do not collect: We will never ask for your bKash or Nagad PIN, bank password, or card number. If anyone requests this information, treat it as fraud.
Banlabit uses your data for the following purposes:
| Purpose | Data Used | Legal basis | Your Consent |
|---|---|---|---|
| Account Creation & Management | Name, email, phone number | Contract performance | ✅ Yes |
| KYC verification | NID, photo | Legal obligation | ✅ Yes |
| Payment Processing | Mobile/bank details | Contract performance | ✅ Yes |
| Fraud prevention | IP address, device information | Legitimate interest | ⚠️ Partial |
| Marketing Communications | Email, phone number | Consent | ❌ Optional |
| Service Improvement | Usage patterns | Legitimate interest | ⚠️ Partial |
Banlabit does not retain data longer than necessary. Retention periods vary depending on the type of data:
When your account is closed: Marketing data is deleted within 30 days of request. Where there is no legal obligation to retain data, all information is permanently removed.
Banlabit never sells your data. However, limited information may be shared in specific circumstances:
Data is shared with payment gateways (bKash, Nagad), KYC verification agencies, and hosting providers only to the extent necessary to carry out operations. They are also required to comply with our privacy standards.
If required by a court order, government investigation, or financial regulatory authority, we are obligated to disclose certain information. In such cases, we will notify you as early as possible, unless prohibited by law.
Cookies are small text files stored in your browser. Banlabit uses cookies for various purposes. You can manage your cookie preferences below:
* Cookies can also be managed through your browser settings. Disabling cookies may affect the functionality of certain features.
Banlabit follows the highest industry standards to protect your data. Our security measures include:
Stay Protected: Use a strong password, keep Two-Factor Authentication (2FA) enabled, and never share your login credentials with anyone.
As a Banlabit member, you have a number of rights over your own data. To exercise them, write to us at support@banlabit.net.
Banlabit's services are strictly for users aged 18 and above. We do not knowingly collect any personal data from minors.
If we become aware that a minor has submitted their information, that data will be deleted immediately and the account will be closed. If you have concerns, parents and guardians are welcome to contact us.
Banlabit may update this Privacy Policy from time to time. For significant changes:
For any privacy-related questions, requests, or complaints:
Banlabit complies with international data protection standards
If you wish to know what information we hold about you, we are required to provide full details within 30 days.
If any of your information is incorrect, you may request a correction. Updates will be made within 15 days of verification.
After account closure, you may request deletion of all data not subject to legal retention requirements.
You may request that we stop using your data for specific purposes, such as opting out of marketing emails.
You can request an export of your data in a machine-readable format (CSV/JSON).
You have the right to object to automated decision-making or profiling.
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