How to check an app in RBI’s Digital Lending Apps directory
The RBI directory can help borrowers check an app’s claimed association with a regulated lender. Use it as one verification step before sharing information or reviewing an offer.
Use the directory as a cross-check
Open the Reserve Bank of India website and find “DLA’s deployed by Regulated Entities” under Citizen’s Corner. Search for the app and the bank or NBFC named in its offer. Compare the app identity carefully: a similar name or logo is not enough if the developer, website or lender differs. RBI describes the directory’s purpose as helping customers verify a Digital Lending App’s claimed association with a regulated entity. If an app or lender is missing or the details do not match, pause and ask the bank or NBFC through contact details on its official website. Before accepting an offer, read the lender’s Key Facts Statement and agreement for the actual lender, amount, APR, fees, repayment dates and grievance contact. The directory does not tell you whether a specific loan is suitable or whether you will qualify.
A worked situation
Imagine an app advertises a personal loan “through Bank A,” but its offer page names Bank B. Do not rely on the advertisement. Check the directory and confirm the exact app-to-lender relationship with the institution through its official site before sharing documents or accepting terms.
Your next-step checklist
- Search both the app and regulated lender names
- Compare the app publisher and website with the lender’s own information
- Pause and confirm any mismatch directly with the bank or NBFC
- Read the KFS and agreement before accepting an offer
Does an app appearing in the RBI directory mean RBI approved my loan?
No. RBI describes the directory as a way to help verify an app’s claimed association with a regulated entity. It is not a loan approval, a promise of eligibility, or a substitute for checking the lender’s written terms.
Official references and further reading
- RBI: digital lending app directory and its stated purpose
- Press Information Bureau: digital lending app directory and consumer reporting channels
These links help you check current information. A provider-specific page describes that provider’s process; it is not a universal eligibility rule or a claim of partnership.
General educational information, not a personalised credit recommendation. Examples use assumed inputs. Rates, charges, eligibility and documents vary; confirm your own lender’s current written terms.