Blog / Your Financial Data Privacy: How Financial Wellbeing Protects You Under DPDP

Your Financial Data Privacy: How Financial Wellbeing Protects You Under DPDP

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Taking a Financial Health Check means sharing real details about your income, debts, and goals — information most people are understandably careful about. Here's how that's actually handled, under India's Digital Personal Data Protection Act (DPDP), 2023.

What DPDP requires, in plain terms

DPDP establishes clear obligations around how personal data is collected, used, and protected — including requiring informed consent before data is collected, limiting use to the purpose it was collected for, and giving individuals specific rights over their own data.

Your answers stay private by default

Nothing from your Financial Health Check is shared with any Personal Finance Professional until you actively choose to book a consultation with them. Until that point, your results are visible only to you — there's no default sharing with the broader professional pool just for completing the check.

Consent, specifically for what it's used for

When you do choose to book with a matched professional, only the specific information relevant to that professional — and only the professional you actually selected — gets access, under Financial Wellbeing's consent policy, rather than a blanket sharing of your full profile with everyone in the matching pool.

Your rights over your own data

Under DPDP, you have the right to request access to your data, ask for corrections, or request erasure — and Financial Wellbeing provides a dedicated process for exactly this through the Data Rights Request page, rather than requiring you to track down the right department manually.

Why this matters for being honest in your Health Check

A Financial Health Check is only useful if your answers are accurate, and accurate answers require genuinely trusting that the information stays protected. Understanding the actual privacy model — not just being told "your data is safe" — is part of what makes it reasonable to answer honestly.

You can read the full details in Financial Wellbeing's Privacy & Consent Notice, and take a free Health Check knowing exactly how your information is handled.

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