RBI registered loan app list is issued by the Reserve Bank of India in which information of lending companies is provided with all details. The companies that are giving loan have to take the license of NBFC (Non Banking Financial Company) from Reserve Bank of India. According to the 1956 Indian Act, when an institution charges an interest rate on a loan, it has to follow the RBI instructions. If it does not follow the instruction issued by RBI, Reserve Bank of India can also cancel the license of that loan company.
Under Section 45 IA of RBI Act 1934, the Reserve Bank of India has issued certificate of registration to NBFCs and RNBCs to hold and accept deposits from public. The Reserve Bank of India (the Bank), having considered it necessary in the public interest, and being satisfied that, for the purpose of enabling the Bank to regulate the financial system to the advantage of the country and to prevent the affairs of any Systemically Important Non-Deposit taking Non-Banking Financial Company (NBFCND-SI) and Deposit taking Non-Banking Financial Company (NBFC-D). RBI registered loan App list 2022 is given below.
RBI Registered Loan App List
The List of Loan App approved by Reserve Bank of India with details of credit limit is given in the table.
|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 Lakhs|
|Freopay (Credit Line)||upto ₹10000|
|Stashfin – (Credit Line + Personal Loan)||Loan up to 5 Lakhs|
|Cashbean||Loan up to 1 Lakhs|
|MI Credit||Above 5 Lakhs|
|Dhani (Credit Line)||Loan up to 5 Lakhs|
|Avail Finance||Loan up to ₹50000|
|NIRA||Loan up to 2 Lakhs|
|Branch||Loan up to ₹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 Lakhs|
|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 Lakhs|
|True Caller||Loan up to 5 Lakhs|
|Simply Cash||Loan up to 2 Lakhs|
|Slice (Credit Line)||Loan up to 1 Lakhs|
|True Balance||Up to ₹50,000|
|Zest Money (Consumer Loan)||Above 2 Lakhs|
|Amazon Pay Later||Up to ₹60,000|
|Flipkart Pay Later||Up to ₹60,000|
|Tata Capital||Above 10 Lakhs|
|Tata neu Credit card (Qik EMI Card)||₹10000 to ₹150000|
|Tata Neu App (Qik Personal Loan)||₹10000 to ₹10,00,000|
|Ola Money pay Later||₹1500 to ₹20000|
|Khatabook App||₹50,000 to ₹0,00,000|
|Jupiter credit limit||Up to ₹50,000|
|OneCard App||₹10000 to ₹150,000|
|Paisabazaar credit limit||₹50,000 to ₹10,00,000|
|imobile Pay Later||₹ 20,000|
|SBI YONO APP||₹1500 to ₹60000|
|IDFC Bank Pay later||₹1500 to ₹ 60000|
|Bajaj Finserv App||₹ 50,000 to ₹ 5,00,000|
|Rufilo Loan App||₹5000 to ₹25,000|
|IBL FINANCE App||₹5000 to ₹25,000|
|Early Salary||₹ 8,000 to ₹ 500,000|
|Money View||₹10,000 to ₹ 5,00,000|
|CASHe||₹1,000 to ₹ 3,00,000|
|mPokket||₹500 to ₹30,000|
|Stashfin – Credit Line & Loan||₹1,000 to ₹5,00,000|
|FairMoney Loan App||Loan up to 2 Lakhs|
|KreditOne||₹5000 to ₹25,000|
|FlexSalary Instant Loan App||₹5000 to ₹25,000|
|DigiMoney||₹5000 to ₹25,000|
|Mystro Loans & Neo Banking app||upto ₹50,000|
|Kissht: Instant Line of Credit||₹10,000 to ₹ 1,00,000|
|IndusMobile: Digital Banking||₹5000 to 200,000|
|Prefr: Get instant loan||₹10,000 to ₹3,00,000|
|InstaMoney Personal Loan||₹5,000 to ₹25,000|
|Swift Loan||upto ₹50,000|
|RapidPaisa||₹ 1,000 – ₹ 10,000|
|CreditScore, CreditCard, Loans||upto ₹ 5 Lakh|
|Bajaj MARKETS: Loan, Card, UPI||up to ₹25 Lakhs|
|Fullerton India||up to ₹25 lakhs|
|LoanFront||₹2000 to ₹2 lakhs|
|Bueno Loans||upto ₹25000|
|PayRupik||up to ₹20,000|
|Loaney||₹200 to ₹20,000|
|RupeePark||₹5,000 to ₹500,000|
|Cash Planet – Online Loan App||₹5,000 to ₹500,000|
|CreditScore – PaisaBazaar||₹ 1000 to ₹ 50,000|
Rating List of RBI registered Loan Apps in India
The rating of RBI registered Loan apps out of 5 is given in the table.
|Application Name||Google Play's Rating|
How to Check RBI Registered Loan Apps 2022
Step by step complete process to check RBI registered loan apps list online is given below.
- Step 1 : First visit Reserve Bank of India official website https://www.rbi.org.in.
- Step 2 : At home page, click on Non Banking Financial Companies List.
- Step 3 : Here you will get excel or pdf file link to download RBI registered loan app.
- Step 4 : Click on Excel or Pdf file, you will get the list of companies registered by RBI.
RBI Registered Loan App's Interest Rate List
The interest rate is upto 36% and there is a 2 to 5 percent processing fee and 18% GST charges.
|Interest||ब्याज 36% तक देना पड़ सकता है|
|Processing Fee||2 से 5% तक|
|Late Fee||रोजाना 0.5 % तक भी लग सकता है|
|Loan Assessment Fee||कई लोन ऐप में यह यह फीस भी ली जाती है|
|GST||सभी Charges के ऊपर 18% तक का GST शुल्क देना पड़ेगा|
Eligibility Criteria for Loan from RBI registered App
- The applicant must be citizen of India
- Age limit is 21 to 55 years
- Applicants credit history and credit score should be good
- Applicant must have a source of income
- Applicant must have a Saving account with internet banking
Documents required for applying Loan at RBI registered App
- Photo ID Proof: Pan Card, Driving License, Aadhar Card etc.
- Address Proof: Voter Card, Ration Card, residence certificate etc.
- Photograph: Recent Photo of applicant
- Income source: last 6 months bank state of the applicant's saving account
RBI Registered Loan App List PDF 2022
Download RBI registered companies list pdf from below link.