RBI Registered Loan App List 2023 | RBI Registered Loan Company List PDF – The RBI registered loan app list is released by the Reserve Bank of India which contains information about the lending companies. The companies to which the loan is given have to obtain a license from NBFCs (non-banking financial companies from RBI). According to the Indian Act of 1956, when an institution charges an interest rate on a loan, it has to follow the RBI’s directions. If it does not comply with the direction issued by the RBI, the RBI can also cancel the license of that loan company. The RBI regulates and oversees financial institutions, including banks and non-banking financial companies (NBFCs), which are authorized to offer loans.
RBI Approved Loan Apps List In India With Name And Credit Limit 2023
| App Name | Credit Limit |
|---|---|
| Kreditbee | Loan up to 2 Lakhs |
| Kreditzy | Loan up to 2 Lakhs |
| Paysense | Loan up to 5 Lakhs |
| NAVI | Loan up to 5 Lakhs |
| Lazypay (Credit Line + Personal Loan) | Loan up to 1 Lakh |
| Freopay (Credit Line) | Rs. 10000 |
| Stashfin – (Credit Line + Personal Loan) | Loan up to 5 Lakhs |
| Cashbean | Loan up to 1 Lakh |
| MI Credit | Above 5 Lakhs |
| Dhani (Credit Line) | Loan up to 5 Lakhs |
| Avail Finance | Loan up to Rs. 50000 |
| NIRA | Loan up to 2 Lakhs |
| Branch | Loan up to Rs.50,000 |
| Smartcoin | Loan up to 2 Lakhs |
| Rupeek App (Gold Loan) | Loan up to 50 Lakhs |
| Simple Pay Later (Credit Line) | Loan up to 1 Lakh |
| Mobikwik (Credit Line + Consumer Loan) | Loan up to 2 Lakhs |
| Paytm Personal Loan | Loan up to 2 Lakhs |
| Krazybee (Consumer Loan) | Loan up to 2 Lakhs |
| Bharatpe (Business Loan) | Loan up to 5 Lakhs |
| Paytm Postpaid (Credit Line) | Loan up to 1 Lakh |
| True Caller | Loan up to 5 Lakhs |
| Simply Cash | Loan up to 2 Lakhs |
| Slice (Credit Line) | Loan up to 1 Lakh |
| True Balance | Up to Rs. 50,000 |
| Zest Money (Consumer Loan) | Above 2 Lakhs |
| Amazon Pay Later | Up to Rs. 60,000 |
| Flipkart Pay Later | Up to Rs. 60,000 |
| Tata Capital | Above 10 Lakhs |
| Tata Neu Credit card (Qik EMI Card) | Rs.10000 to Rs.150000 |
| Tata Neu App (Qik Personal Loan) | Rs.10000 to Rs.10,00,000 |
| Ola Money Pay Later | Rs.1500 to Rs.20000 |
| Khatabook App | Rs.50,000 to Rs.10,00,000 |
| Jupiter credit limit | Up to Rs.50,000 |
| OneCard App | Rs. 10000 to Rs150,000 |
| Paisabazaar credit limit | Rs. 50,000 to Rs.10,00,000 |
| imobile Pay Later | Rs. 20,000 |
| SBI YONO APP | Rs. 1500 to Rs. 60000 |
| IDFC Bank Pay later | Rs. 1500 to Rs. 60000 |
| Bajaj Finserv App | Rs. 50,000 to Rs. 5,00,000 |
| Rufilo Loan App | Rs. 5000 to Rs. 25,000 |
| IBL FINANCE App | Rs. 5000 to Rs. 25,000 |
| Early Salary | Rs. 8,000 to Rs. 500,000 |
| Money View | Rs.10,000 to Rs. 5,00,000 |
| CASHe | Rs. 1,000 to Rs. 3,00,000 |
| mPokket | Rs.500 to Rs. 30,000 |
| Stashfin – Credit Line & Loan | Rs. 1,000 to Rs. 5,00,000 |
| MoneyTap | Rs.1,000 to Rs. 60,000 |
| FairMoney Loan App | Loan up to 2 Lakhs |
| KreditOne | Rs.5000 to Rs. 25,000 |
| FlexSalary Instant Loan App | Rs.5000 to Rs.25,000 |
| DigiMoney | Rs. 5000 to Rs. 25,000 |
| Indialends | Rs. 5,00,000 |
| Mystro Loans & Neo Banking app | Rs. 50,000 |
| Kissht: Instant Line of Credit | Rs. 10,000 to Rs. 1,00,000 |
Rating List of Loan Apps in India
This is the List of Best Rating Loan Apps. This Loan Apps Rating is Based on Feedback from Customers And Users. For More Details, you can Check Playstore.
| Application Name | Rating |
|---|---|
| PaySense | 4.1/5 |
| Money Tap | 4.4/5 |
| Nira | 4.4/5 |
| CASHe | 4.5/5 |
| Money View | 4.6/5 |
| mPokket | 4.1/5 |
| India Lends | 3.8/5 |
| PayMe India | 4.2/5 |
| Home Credit | 4.3/5 |
| Dhani | 3.8/5 |
How to Check RBI Registered Loan Apps 2023
The complete process to check the RBI registered loan apps list online is given below step by step.
- First Visit the Reserve Bank of India’s official website https://www.rbi.org.in.
- Now On the home page, click on Non-Banking Financial Companies List.
- Now Here you will get an Excel/pdf file link.
- Now Click on the Excel / PDF file, and you will get the list of companies registered by RBI.
RBI Registered Loan App List PDF 2023Â Download
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What Is RBI Registered Loan App?
For Doing Any Business All Businesses Need To Take Permission From Official Authority Or Regulators. In the same way, the license of NBFC (Non-Banking Financial Company) has to be taken from RBI to give a loan. NBFC registered institution approved by RBI cannot cheat its customers, on doing so, RBI can also stop the license of that institution.
What is The Eligibility For Taking Personal Loans from Registered Loan APPs In India?
| Particulars | For Salaried | For Self-employed |
| Age Limit | 18 – 60 years | 21 – 65 years |
| Minimum Income (may vary across lenders) | Rs. 15,000 per month | Rs. 15 lakh p.a. |
| Minimum Work Exp./ Business Continuity | 1 year (6 months with current employer) | 2 years of business continuity |
| Credit Score | Preferably 750 and above | |
Documents Required To Apply For a Loan :
- Proof of Residence
- Ration Card
- Telephone Bill
- Electricity Bill
- Voters Card.
- Proof of Identity – Any one of Voters Card / Aadhaar Card/ Drivers License / Employers Card.
- Latest Bank Statement
- Passbook (where salary/income is credited for the past 6 months).
- The latest 6 Months Salary Slip with all deductions and last 2 years’ Form 16.
- Copies of all Property Documents.
Documents Required for a Business Loan :
The following documents are required along with your Business Loan application:
- PAN Card – For Company/Firm/Individual
- A copy of any of the following documents as identity proof:
- Aadhaar Card
- Passport
- Voter’s ID Card
- PAN Card
- Driving License
What Is The RBI Registered Loan App Interest?
- Interest – Interest may Be From 12% to 36%
- Processing Fee – 2 % to 3%
- Loan assessment fee also has to be paid in many loan apps.
- Late Fee – Can Charge up to 0.5% per day
- GST – GST charges up to 18% will have to be paid on all charges
How To Take A Loan From RBI Registered Loan App?
- Install any of the above loan apps on your Android phone from the Google Play Store
- Register with a mobile number or Other OptionsÂ
- Now you have to upload KYC documents with information about yourself to do KYC.
- If you are eligible in a while, you will get a loan offer.
- To take the offer loan, accept the loan agreement, for this, the base OTP may be required.
- There are many such loan apps where you may have to give NACH approval for loan EMI auto debit, for which you have to use a savings account and internet banking.
- In a short time, your loan will come to your mentioned savings account after approval or if you have taken a credit line loan, then you can use it through that loan app,.
How to Protect Yourself From Fraud From Loan Providers Apps?
Here are a few steps to ensure you are dealing with a legitimate loan provider:
- Check the RBI’s Official Website
- Verify Credentials
- Documentation and Transparency
- A legitimate financial institution should have a physical presence.
- Customer Reviews and Ratings
- Contact Information
- Avoid Upfront Fees:
- Research the Company
What Are The 10 Best Personal Loan Apps in India In 2023?
- Buddy Loan
- Navi
- PaySense
- MoneyTap
- Dhani
- Nira
- Cashe
- Home Credit
- Payme India
- India Lends
What Are The Best Instant Personal Loan Apps in India In 2023?
Here is the list of the top 25 instant personal loan apps in India: You Can Check All Apps List From Below. We Have Also Shared the Full Process Of How To Check whether Your App Is Registered With RBI Or Not?
- PaySense
- LazyPay
- Bajaj Finserv
- IDFC First Bank
- ZestMoney
- Dhani
- HomeCredit
- CASHe
- FlexSalary
- MoneyView
- PayMe India
- SmartCoin
- StashFin
- LoanTap
- IndiaLends
- CashBean
- RupeeLend
- AnyTimeLoan
- KreditBee
- Fullerton India
- EarlySalary
- Nira
- Credy
- mPokket
- MoneyTap
Fake Loan App List In India: Delhi Police Shares List Of Loan Scam Apps
- Raise cash app
- PP money app
- Rupees master app
- Cash ray app
- Mobipocket app
- Papa money app
- Infinity cash app
- Kredit mango app
- Kredit marvel app
- CB loan app
- Cash advance app
- HDB loan app
- Cash tree app
- RAw loan app
- Under Process
- Minute cash app
- Cash light app
- Cash fish app
- HD credit app
- Ruppes land app
- Cash room app
- Rupee loan app
- Well Kredit app
Fake Chinese Loan Apps List in India in 2023: Full List
These are the some of Fake Chinese Loans Apps Which Were Banned by RBI Recently. Check the Name of all Apps below. If you have Installed Any App In Your Mobile From the List Given below Then you should Uninstall These Apps Immediately.
- Raise cash app
- PP money app
- Rupees master app
- Cash ray app
- Mobipocket app
- Papa money app
- Infinity cash app
- Kredit mango app
- Kredit marvel app
- CB loan app
- Cash advance app
- HDB loan app
- Cash tree app
- RAw loan app
- Under Process
- Minute cash app
- Cash light app
- Cash fish app
- HD credit app
- Ruppes land app
- Cash room app
- Rupee loan app
- Well Kredit app
What are the criteria for obtaining a personal loan from Registered In India?
| Eligibility Criteria | For Salaried | For Self Employed |
| Age limit | 18-60 years | 21-65 years |
| Minimum Income (may vary according to the lender) | Rs. 15000 per month | Rs. 15 lakh per year |
| Minimum Work Experience | 1-year minimum (6 months with current employer | 2 years of business stability |
| CIBIL Score | 750 or above | 750 or above |
What Are The Best 25 Personal Loan Apps In India 2023?
Some of the Best Personal Loan Apps Are Following. Check the List of all Loan apps below.
- PaySense
- LazyPay
- Bajaj Finserv
- IDFC First Bank
- ZestMoney
- Dhani
- HomeCredit
- CASHe
- FlexSalary
- MoneyView
- PayMe India
- SmartCoin
- StashFin
- LoanTap
- IndiaLends
- CashBean
- RupeeLend
- AnyTimeLoan
- KreditBee
- Fullerton India
- EarlySalary
- Nira
- Credy
- mPokket
- MoneyTap
Which are the Top 40 RBI Approved Loan Apps In India 2023?
The top 40 RBI Approved Loan Apps Are the Following:-
| Pay sense | Rupeelend |
| CASHe | Loanfront |
| Mpockket | Anytime Loan |
| Money View | Bonn Credit |
| India Lends | CreditFair |
| Pay me India | LoanAdda |
| IDFC First | LoanTap |
| Home Credit | Qbera |
| Money Tap | Quick Credit |
| Dhani | Shubhloan |
| Buddy Loan | ZipLoan |
| FlexSalary App | AnyTimeLoan |
| Navi app | ZipLoan |
| Lazypay | StashFin |
| Nira loan app | MobiKwik |
| Kreditbee | Ftcash |
| Finova Capital | Capital float |
| ZestMoney | Lendingkart |
RBI Approved Loan Apps And Their Headquarters Locations In India:
Here we are sharing Headquarter Location of RBI Registered Loan Apps In India. Check the Full list of All Locations below.
| Apps Name | Headquarter |
|---|---|
| Pay sense | Mumbai, Maharashtra |
| CASHe | Mumbai, India |
| Mpockket | Kolkata, West Bengal |
| Money View | Bangalore, Karnataka |
| India Lends | Gurugram, Haryana |
| Pay me India | Noida Gautam Buddha Nagar UP |
| IDFC First | Mumbai |
| Home Credit | Amsterdam, Netherlands |
| Money Tap | Bengaluru, Karnataka |
| Dhani | New Delhi – India |
| Buddy Loan | Bengaluru, Karnataka |
| FlexSalary App | Hyderabad, Andhra Pradesh |
| Navi app | Bengaluru, Karnataka |
| Lazypay | Mumbai, Maharashtra |
| Nira loan app | Bengaluru, Karnataka |
| Kreditbee | Bangalore, Karnataka |
FAQ: RBI Registered Loan Apps List
How many loan apps are verified by RBI?Ans: There are More than 40 Loan Apps That are Verified by RBI. A Full List of all RBI Registered Loan Apps Is Given Above. |
Which loan apps are registered with RBI in India?Ans: Paytm, Bajaj Finserv, CASHe app, EarlySalary, Dhani, FlexiLoans, Money View Loans, Indialends, Lendingkart, India lends And Many More Apps Are Registered With RBI. Check the Full List of all apps here. |
Is Buddy Cash RBI registered?Ans: Yes it is Registered With RBI |
Is Dhani approved by RBI?Ans: The RBI has authorised the Dhani OneFreedom card, a RuPay-enabled card. Dhani App is Registered with RBI |
Is KreditBee approved by RBI?Ans: yes Kreditbee is approved By RBI. KreditBee is a platform that facilitates loan transactions between borrowers and personal loan providers such as NBFCs/Banks. All types of loans are approved by this app. You can Apply for a Loan. |
Is the Ring app approved by RBI?Ans: OnEMi Technology Solutions Pvt Ltd is the owner and operator of Pay with Ring, which collaborates with a number of RBI-registered NBFCs to offer loans to merchants. |
Is the Dhani loan app safe?Ans: Every app that is advertised as a loan app is in fact legitimate. All you have to do is figure out which app offers straightforward, reliable information. Dhani is one of the Loan Apps Which provides Loan To Customers. |
Is Paisabazaar fake?Ans: No, Paisabazaar is not Fake. With over 30 million monthly visitors from more than 1200 cities & towns, Paisabazaar.com is India’s largest online marketplace for financial products. Being an ISO-certified platform, we take all necessary precautions to protect the best interests of our clients. |
Mujhe loan chahiye
Sir!
Good morning
Trymyloan app rbi registered?
Sir
Please send me your reply
No, This is not Regsitered with RBI.
Interesting blog post. I have been looking for a list of RBI registered loan apps. Thank you for providing this.