RBI Approved NBFC Loan Apps (Complete 2026 List)
A complete list of RBI-approved NBFC loan apps that are legally compliant and safe to use for personal or business loans in 2026.
Anjali Singh
Assistant Manager
Published Date:Nov 28, 2025
A complete list of RBI-approved NBFC loan apps that are legally compliant and safe to use for personal or business loans in 2026.
Anjali Singh
Assistant Manager
If you want to borrow safely in 2026, you need to know which loan apps are actually backed by RBI-regulated lenders. Many people download an app thinking it is “RBI approved”, but in reality, only banks and NBFCs can be approved by the Reserve Bank of India. Because of this, you can often get confused about which platforms are genuine, which ones follow the rules and which ones are risky. A clear understanding helps you avoid fraud, hidden charges and unregulated digital lenders.
Let’s explore the RBI-approved NBFC list loan app.
In 2026, the Reserve Bank of India publicly published a comprehensive directory of authorised digital lending apps so you can check whether an app is linked to a regulated entity. Being in the RBI directory means the lending is done by a bank or an NBFC that the RBI supervises. It does not mean the marketing platform alone is separately “licensed”.
You can use this as a starting point and always verify on the RBI’s directory. Here is an NBFC loan apps list:
|
NBFC (regulated) |
Consumer app(s) / platform they power |
About |
|
Lendingkart Finance Ltd. |
Lendingkart app (business loans) |
Lendingkart is an RBI-registered NBFC with a published interest-rate policy. |
|
Bajaj Finserv |
Bajaj Finserv app (EMI, personal & business credit) |
Established NBFC; regulated and operating consumer lending products. |
|
Navi Finserv |
Navi app (personal/home loan products) |
Navi operates as an NBFC; it offers direct lending via its app. |
|
KrazyBee / KreditBee (NBFC partners) |
KreditBee app |
KreditBee works through RBI-registered NBFC partners. |
|
CASHe (CASHe Finance) |
CASHe app |
CASHe is powered by Bhanix Finance, an RBI-registered NBFC. |
|
Flipkart Finance Private Ltd. (new) |
Flipkart / super.money (planned direct lending) |
Flipkart secured an NBFC licence in 2026 and is preparing direct lending from its books. |
|
Partner NBFCs (L&T Finance, DMI Finance, etc.) |
Google Pay (loan offers via partners) |
Google Pay integrates with regulated NBFC partners (L&T Finance, DMI Finance etc.) for personal loans. |
|
Paytm / PhonePe (platform distributors) |
Paytm app / PhonePe (loans via partner NBFCs) |
These platforms distribute loans supplied by regulated NBFC partners; the lender is the NBFC. |
|
Axio (now part of Amazon) |
Amazon Pay / Axio lending (post-acquisition) |
Axio acquisition and approval for direct lending were completed in 2026; Amazon gains direct-lending capability. |
|
Tata Capital Ltd. |
Tata Capital Instant Loan App |
Tata Capital is an RBI-regulated NBFC offering personal, business, and home loans via its app. |
|
NoBroker Finance / NBFC partners |
NoBroker Instacash |
Works with RBI-registered NBFCs to provide instant loans through the NoBroker platform. |
Note: This RBI-approved NBFC list loan app is selective and indicative. RBI’s public directory lists many more authorised NBFC-linked apps, which are 16000. You need to always confirm the lender's name shown on the RBI’s directory before you borrow.
Regulators and app stores have removed thousands of fraudulent loan apps in recent years. Google reported large-scale removals as part of anti-fraud efforts. The Banning of Unregulated Lending Activities (BULA) proposals and related actions in 2025-2026 intensified penalties and sought criminalisation of unregulated lending.
RBI and other authorities publish enforcement actions and penal orders when lenders breach rules (for example, on disclosure or unfair recovery). Consumers are instructed to collect evidence and escalate first to the lender’s grievance officer and then to the RBI.
This checklist will help you confirm whether an app truly belongs to the RBI-approved NBFC list loan app category or not:
My Mudra works as a channel partner that connects you with different banks and NBFCs. We help you check the NBFC loan apps list. Here you can:
To know more, you can check out our loan services on instant business loans, fast approval personal loans, and home loans.
When you borrow online, the real safety check is the lender behind the app. The RBI-approved NBFC list loan app approach helps you focus on the NBFC’s name, not the app’s branding. Always use RBI’s directory, confirm the registered lender and make sure the terms are clear before you apply.
Regulators are removing illegal apps, but your best protection is simple. You just need to verify the lender and use trusted and regulated channels. Platforms like My Mudra help you compare options safely and apply only through authorised banks and NBFCs, and help you choose from the RBI-approved NBFC list loan app.
Also Read:
- Best Personal Loan Apps in India (2026) – Instant Approval
- Top 10 Instant Loan Apps in India (2026) – Fast Approval & Safe Lenders
The NBFC is the regulated lender that issues credit. A loan app may simply be a marketplace or distribution channel. Check which NBFC is named in the loan offer.
Yes. Flipkart Finance Private Limited secured an NBFC licence in 2025 and can now lend directly, though its full product rollout may be phased.
Governments and app stores removed thousands of fraudulent loan apps over recent years as part of regulator and ministry efforts to protect borrowers. You can check the current numbers through official statements.
Immediately note evidence, contact the app’s grievance officer, then escalate to the lender and file a complaint with the RBI if unresolved. Regulators take coercive recovery seriously.
You can compare RBI-linked loan offers safely on fintech platforms like My Mudra. There, you can compare bank and NBFC offers, view lender names, and apply through a single portal.
Assistant Manager
Hey there, I'm Anjali Singh. With over 6 years of experience in finance, I specialize in creating content on banking, loans, and financial planning. My goal is to simplify complex financial topics and help readers make informed decisions through my articles.
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