ICICI Securities Terms Scorecard

Grade C+ — Standard consumer terms (score 68/100)

ICICI Securities collects extensive financial and personal data, including biometric information, and reserves the right to use user data for AI training without a clear opt-out mechanism.

Standard financial privacy policy. No clear deletion or opt-out for AI training.

Terms at a glance

Sells your data
NO
Forced arbitration
UNCLEAR
Trains AI on your content
YES
Collects biometric data
YES
Shares data with government
LIKELY
Easy to cancel
UNCLEAR
Tells you before changes
NO
Deletes data on request
UNCLEAR

What the terms actually say

Section 4 — Use of Customer Information

We use your Customer Information without limitation, for the following purposes: ... 18. to conduct training and AI-based skill training

The company explicitly reserves the right to use your personal data to train AI models.

Section 2 — Customer Information

This may include, without limitation, your name, user IDs, signature, email addresses, phone numbers, addresses, KYC/identity documents (for example: Aadhaar and PAN), biometric data, communications with us, device and location data

The company collects biometric data as part of its standard information gathering.

Section 7 — Communication and Changes

We may occasionally update this Privacy Policy. By using our Services after such update, you consent to updates made to this Privacy Policy.

The company can change the privacy policy at any time, and your continued use of the service acts as your agreement to those changes.

Section 5 — Sharing of Information

ICICI Securities will limit the collection and use of customer information only on a need-to-know basis... unless such action is necessary in the following cases: ... 4. conform to legal requirements or comply with legal process

The company shares your data with government and law enforcement agencies when they deem it necessary for legal compliance.

Section 8 — Security of Customer Information

ICICI Securities uses appropriately secure encryption for the transmission of Customer Information.

The company uses encryption to protect your data while it is being sent.

Last reviewed 2026-08-23 under rubric v3.5.

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