Is this loan app RBI-registered? How to check
Check an app against RBI's directory in a few steps. For every app we compare, see our loan apps page with RBI status.
15 apps · RBI directory checked 2026-10-21 · how we compare
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Apps we checked
| App | Listed in RBI directory | Our review | Apply |
|---|---|---|---|
| IDFC FIRST BANKIDFC FIRST Bank | Yesas reported by IDFC FIRST Bank Limited | Read review | Apply nowVia our referral partner. We may earn a commission. |
| Poonawalla FincorpPoonawalla Fincorp | Yesas reported by Poonawalla Fincorp Limited | Read review | Apply nowVia our referral partner. We may earn a commission. |
| InCred FinanceInCred | Yesas reported by InCred Financial Services Limited | Read review | Apply nowVia our referral partner. We may earn a commission. |
| KreditbeeKreditBee | Yesas reported by KrazyBee Services Limited, Kisetsu Saison Finance (India) Private Limited | Read review | Apply nowVia our referral partner. We may earn a commission. |
| FreoFreo | Yesas reported by Kisetsu Saison Finance (India) Private Limited, SMFG India Credit Company Limited | Read review | Apply nowVia our referral partner. We may earn a commission. |
| KisshtKissht | Yesas reported by Si Creva Capital Services Private Limited | Read review | Apply nowVia our referral partner. We may earn a commission. |
| lendingplatelendingplate | Yesas reported by Unifinz Capital India Ltd. | Read review | Apply nowVia our referral partner. We may earn a commission. |
| MoneyviewMoneyview | Yesas reported by Whizdm Finance Private Limited | Read review | Apply nowVia our referral partner. We may earn a commission. |
| FatakPayFatakPay | Yesas reported by FDPL Finance Private Limited, Apollo Finvest (India) Ltd. | Read review | Apply nowVia our referral partner. We may earn a commission. |
| Unity Small Finance Bank APPUnity Small Finance Bank | Yesas reported by Unity Small Finance Bank Limited | Read review | Apply nowVia our referral partner. We may earn a commission. |
| FinnableFinnable | Yesas reported by DMI Finance Pvt Ltd., Axis Bank Limited | Read review | Apply nowVia our referral partner. We may earn a commission. |
| Hero FinCorp Personal Loan AppHero FinCorp | Yesas reported by Hero FinCorp Limited | Read review | Apply nowVia our referral partner. We may earn a commission. |
| PrefrPrefr | Yesas reported by Poonawalla Fincorp Limited, SMFG India Credit Company Limited | Read review | Apply nowVia our referral partner. We may earn a commission. |
| RingRing (Pay with Ring) | Yesas reported by Si Creva Capital Services Private Limited | Read review | Apply nowVia our referral partner. We may earn a commission. |
| BharatPe UPIBharatPe | Yesas reported by YES Bank Ltd. | Read review | Apply nowVia our referral partner. We may earn a commission. |
Status is from RBI's public list of digital lending apps (RBI directory), checked 2026-10-21; it's what each regulated lender reports. RBI doesn't vouch for any app. We compare lenders available through our partner; ranking never depends on what we earn.
Related
- True Cost of a Personal Loan: Fees and APRWhat a personal loan really costs: flat vs reducing rate, processing fee and GST, APR in the Key Fact Statement, foreclosure and penal charges.
- Loan apps with RBI statusRates, fees and amounts for each app
- Personal loans with no credit historyWho considers first-time borrowers
- Processing fees and foreclosure chargesWhat each lender charges, in rupees
Questions people ask
Which loan apps are RBI approved?
RBI doesn't approve apps. It publishes a directory of digital lending apps, built from what banks and NBFCs report as their own apps. 15 of the 15 apps we checked are listed; the table above shows each one.
How do I know if a loan app is fake?
Warning signs: it isn't in RBI's directory of digital lending apps, it doesn't name the bank or NBFC that lends, it asks for a fee before the loan is paid out, it wants access to your contacts or photos, or it gives no Key Fact Statement. Genuine digital loans are paid straight into your bank account and come with a grievance officer's name.
Is a loan app safe if it's not in RBI's list?
Not being listed is a reason to look closer, not proof either way. The apps aren't registered with RBI themselves; the lender behind them is. Check who the lender is and whether it is a bank or an RBI-registered NBFC before you share any details.
How do I check whether a loan app is RBI registered?
Find the lender's name in the app or the loan agreement, look the app up in RBI's directory of digital lending apps, and check that the lender is a bank or RBI-registered NBFC. Read the Key Fact Statement, which must name the lender, the APR and all fees before you sign.
CreditParakh is not a bank or lender and doesn't guarantee approval. Approval is at the bank's or lender's discretion.