RBI Registered Loan App List in India

RBI Registered Loan App List – In the times when the market is filled with fake loan apps, it’s difficult to find a legitimate lending app that is approved by a regulatory authority. If you’re hunting for the top RBI Approved Loan Apps In India, you’ve arrived at the right spot. This post will list the legit lending apps that are backed by RBI.

RBI Registered Loan App List

In comparison, traditional banks may have longer processing times and high-interest rates. On the other hand, RBI Approved Loan Apps In India provides safe and simple instant loans in less than an hour. So the next time you’re in a pinch for cash, contemplate applying for a personal loan using one of them.

Moving forward, we will present an extensive RBI registered loan app list in India and the unique features and facts you must know before applying for any of these applications in this article.

Why it is important to use only RBI Registered loan app in India

Surveys highlight that most people and small businesses have fallen prey to the burgeoning number of illicit mobile apps and digital lending platforms that offer cheap and quick loans.

These reports also cover exorbitant interest rates, added costs that borrowers are unaware of, unethical and coercive credit policies, and the illegitimate use of contracts to access data on borrowers’ mobile phones.

As per RBI, financial institutions regulated by state governments in compliance with laws, such as the money lending acts, are allowed to conduct authorized public lending activities, along with banks, NBFCs registered with the RBI, and other organizations.

In accordance with Section 45 IA of the RBI Act 1934, the Reserve Bank has granted NBFCs a registration certificate, enabling them to retain and accept public deposits. [RBI Press Releases]

In order to enable the RBI to regulate the financial system to the benefit of the nation and to prevent the affairs of any Systemically Important Non-Deposit taking Non-Banking Financial Company and Deposit taking Non-Banking Financial Company (NBFC-D), it is necessary for the public interest to use only use RBI approved loan apps in India.

RBI Registered Loan App List in India 2023

Going to a traditional bank when you need a quick loan may take some time because there is a plethora of paperwork, and interest rates of a credit card are exorbitantly high. And it could feel awkward to ask your friends or relatives.

Salary advance loans are not widely available in India. Applying for a personal loan is the wisest line of action in such cases. Below is a list of RBI Approved Loan Apps In India, which might make applying a lot easier. Scroll down to explore more about them.

S. No.Rbi Registered Loan App ListCredit Limit
1Kreditbee Instant Loan AppLoan up to 2 Lakh
2Kreditzy Instant Loan AppLoan up to 2 Lakh
3PaysenseLoan up to 5 Lakhs
4NAVILoan up to 5 Lakhs
5Lazypay(Credit Line + Personal Loan)Loan up to 1 Lakhs
6FreopayLoan up to ₹10000
7StashfinLoan up to 5 Lakh
8Cashbean– Online Loan AppLoan up to 1 Lakhs
9MI CreditAbove 5 Lakhs
10Dhani Loan AppLoan up to 5 Lakh
11Avail FinanceLoan up to ₹50000
12NIRA Instant Loan AppLoan up to 2 Lakh
13Branch Loan AppLoan up to ₹50,000
14Smart coin Loan AppLoan up to 2 Lakhs
15Rupeek App (Gold Loan)Loan up to 50 Lakhs
16Simple Pay LaterLoan up to 1 Lakhs
17Mobikwik (Credit Line + Consumer Loan)Loan up to 2 Lakh
18Paytm Personal LoanLoan up to 2 Lakh
19Krazybee (Consumer Loan)Loan up to 2 Lakh
20Bharatpe (Business Loan)Loan up to 5 Lakh
21Paytm Postpaid (Credit Line)Loan up to 1 Lakhs
22True CallerLoan up to 5 Lakh
23Simply Cash Loan AppLoan up to 2 Lakh
24SliceLoan up to 1 Lakhs
25True BalanceLoan up to ₹50,000
26Zest M28oney (Consumer Loan)Above 2 Lakh
27Amazon P29ay LaterLoan up to ₹60,000
28Flipkart Pay LaterLoan up to ₹60,000
29Tata CapitalAbove 10 Lakhs
30Tata neu Credit card (Qik EMI Card)₹10000 to ₹150000
31Tata Neu App (Qik Personal Loan)₹10000 to ₹10,00,000
32Ola Money pay Later₹1500 to ₹20000
33Khatabook Instant Loan App₹50,000 to ₹0,00,000
34Jupiter credit limitLoan up to ₹50,000
35OneCard Loan App₹10000 to ₹150,000
36Paisabazaar credit limit₹50,000 to ₹10,00,000
37imobile Pay LaterLoan up to ₹ 20,000
38SBI YONO APP₹1500 to ₹60000
39India IDFC First Bank Pay later₹1500 to ₹ 60000
40Bajaj Finserv App₹ 50,000 to ₹ 5,00,000
41Rufilo Loan App₹5000 to ₹25,000
42IBL FINANCE App₹5000 to ₹25,000
43Early Salary Instant Loan App₹ 8,000 to ₹ 500,000
44Money View₹10,000 to ₹ 5,00,000
45CASHe₹1,000 to ₹ 3,00,000
46mPokket₹500 to ₹30,000
47Stashfin – Credit Line & Loan₹1,000 to ₹5,00,000
48MoneyTap₹1,000 to₹60,000
49FairMoney Loan AppLoan up to 2 Lakh
50KreditOne₹5000 to ₹25,000
51FlexSalary Instant Loan App₹5000 to ₹25,000
52DigiMoney– Online Loan App₹5000 to ₹25,000
53IndialendsLoan up to ₹5,00,000
54Mystro Loans & Neo Banking appLoan up to ₹50,000
55Kissht: Instant Line of Credit₹10,000 to ₹ 1,00,000
56IndusMobile: Digital Banking₹5000 to 200,000
57Prefr: Get instant loan₹10,000 to ₹3,00,000
58InstaMoney Personal Loan₹5,000 to ₹25,000
59Swift Loan– Online Loan AppLoan up to ₹50,000
60RapidPaisa₹ 1,000 – ‎₹ 10,000
61CreditScore, CreditCard, LoansLoan up to ₹ 5 Lakh
62Bajaj MARKETS: Loan, Card, UPILoan up to ₹25 Lakhs
63Fullerton India Credit Company LimitedLoan up to ₹25 lakhs
64LoanFront₹2000 to ₹2 lakhs
65PocketlyLoan up to ₹10,000
66Bueno LoansLoan up to ₹25000
67PayRupik– Online Loan AppLoan up to ₹20,000
68Loaney₹200 to ₹20,000
69RupeePark₹5,000 to ₹500,000
70Cash Planet – Online Loan App₹5,000 to ₹500,000
71CreditScore – PaisaBazaar₹ 1000 to ₹ 50,000
72Money Tap₹ 3000 to ₹ 5 lakh

Be Cautious: Beware of Fake Lending Apps!

There are many apps out there that are portraying as a legitimate lending source but are actually fake. Before believing any app, you should ask yourself questions like is credy loan app rbi registered? or any app for that matter, once you are satisfied with the digging, then proceed with the formalities.

For your financial security and peace of mind, make sure to stick to RBI approved loan apps in India. These apps are not only convenient but also regulated to protect your interests.


1. What is the significance of using RBI approved loan apps?

  • RBI approved loan apps are regulated and provide safer lending options compared to unregulated apps, ensuring your financial security.

2. Are these apps suitable for emergency financial needs?

  • Yes, these apps offer quick loans, making them suitable for emergency financial situations.

3. How can I verify if an app is RBI approved?

  • You can verify an app’s RBI approval by checking the RBI’s official website or app listing.

4. What precautions should I take when using loan apps?

  • Always read the terms and conditions, understand interest rates, and ensure the app is genuine before proceeding.

5. Can I rely on traditional banks for quick loans?

  • Traditional banks may have longer processing times and stricter criteria for loans, making RBI approved loan apps a more convenient option for quick loans.

Stay financially secure and choose RBI approved loan apps wisely for your borrowing needs in India.

Leave a Comment