Is DigiCredit Loan App RBI Approved, Safe or not ? Full Guide

Updated August 2026. You want to know: Is DigiCredit loan app RBI approved? The answer matters because you're about to share personal data. DigiCredit is RBI-approved because its lending partner, Khosya Finlease Private Limited, holds registration as an NBFC under Section 45-IA of the RBI Act 1934. You can verify this yourself on rbi.org.in in minutes. This guide explains what that means for your safety, how to verify that DigiCredit loan app is truly RBI-approved, and what to do if something goes wrong.

Key Takeaways

• DigiCredit loan app is RBI-approved because Khosya Finlease Private Limited holds active NBFC registration with the RBI
• Verify that DigiCredit's lending partner is RBI-approved by searching rbi.org.in yourself
• Loan amount: ₹1,000 to ₹50,000; tenure: 62 to 120 days; APR: up to 36% per annum
• Processing fee of up to 10% plus 18% GST is deducted upfront from your disbursal
• Eligibility: Indian resident, salaried, age 21–55, basic KYC with Aadhaar and PAN
• A verified complaint from mid-2026 shows loans marked disbursed but funds not arriving; escalate to support@digicredit.in, then to RBI if unresolved within 30 days

What Does "RBI Approved" Mean When You Ask Is DigiCredit Loan App RBI Approved?

When you ask "Is DigiCredit loan app RBI approved?", you're really asking if it's safe and regulated. The RBI does not maintain a list of approved loan apps. Instead, it registers lending companies, called NBFCs, that provide loans.

A Digital Lending App, or DLA, like DigiCredit is the technology platform. The NBFC is the actual lender. These are two different companies. DigiCredit is the app. Khosya Finlease Private Limited is the NBFC. For a loan to be RBI-approved, the NBFC must hold current registration with the Reserve Bank of India.

Verify this yourself. Visit per the Reserve Bank of India website and search for Khosya Finlease Private Limited. If you see "Active" status under Certificate of Registration, the lending partner is legitimate. DigiCredit loan app is RBI-approved.

Per the RBI 2022 Digital Lending guidelines, the NBFC must:

• Disburse funds directly to your bank account
• Show the APR and processing fee before you sign
• Provide a Key Fact Statement with total repayment amount
• Respond to complaints within 30 days

If DigiCredit doesn't show you these, that's a red flag.

How Can You Verify DigiCredit Loan App Is Actually RBI Approved?

To verify DigiCredit loan app is RBI-approved:

1. Visit https://rbi.org.in
2. Search for "Khosya Finlease Private Limited"
3. Look for "Active" under Certificate of Registration

If you see "Active," then DigiCredit's lending partner is RBI-registered. This is your confirmation that DigiCredit loan app is RBI-approved. Check the RBI list of unauthorised apps to confirm DigiCredit does not appear there.

Note: Digikredit Finance Private Limited is a different company. It is not DigiCredit's lending partner. Khosya Finlease is the real partner.

What Do DigiCredit Loans Cost?

DigiCredit offers short-term personal loans of ₹1,000 to ₹50,000 with repayment in 62 to 120 days. This is meant for emergencies, not long-term needs.

Interest Rate. DigiCredit charges up to 36% APR. Your rate depends on your credit profile.

Processing Fee. DigiCredit charges up to 10% of the loan amount plus 18% GST. This is deducted upfront. On a ₹10,000 loan, that's ₹1,180 in fees. You receive ₹8,820, not ₹10,000.

Who Qualifies. You must be an Indian resident, salaried, age 21–55, with completed KYC using Aadhaar and PAN. Your credit score should be 600 or above. Verification is online. Only one active loan per user is allowed.

What If Your DigiCredit Loan Shows Disbursed But Funds Don't Arrive?

A verified problem reported in June and July 2026 is loans showing "disbursed" but funds not appearing in bank accounts. If this happens:

1. Screenshot the disbursed status
2. Email support@digicredit.in with your loan ID, mobile, and account number
3. Contact your bank to confirm no transfer arrived under a different name
4. Follow up within 7 days if you get no response
5. If unresolved after 30 days, file a complaint with the RBI Integrated Ombudsman Scheme

Khosya Finlease must investigate within 30 days. The Ombudsman can order reimbursement if the error was theirs. Keep all emails.

Frequently Asked Questions

Is DigiCredit RBI approved and safe?

DigiCredit has over 100,000 downloads and a 4.5-star rating. Its lending partner Khosya Finlease is RBI-approved. However, real apps can have operational issues. The complaint pattern about funds not arriving is genuine. Verify Khosya Finlease's registration on rbi.org.in before applying. For safety, also review other verified RBI-approved loan apps on our comparison platform.

How can I verify DigiCredit loan app is RBI approved myself?

Visit rbi.org.in and search for "Khosya Finlease Private Limited." If it shows "Active" under Certificate of Registration, then DigiCredit's lending partner is RBI-approved. This is the definitive check.

Why is DigiCredit's APR so high if it's RBI approved?

DigiCredit's up to 36% APR reflects the short tenure and minimal documentation. Banks charge 10-16% but need more paperwork and 5-7 days for approval. DigiCredit's faster approval justifies the higher rate.

What is the difference between a DLA and an NBFC?

A Digital Lending App, or DLA, is the platform that processes your application. An NBFC is the regulated lender that approves and funds the loan. DigiCredit is the DLA. Khosya Finlease is the NBFC. If an app has no disclosed NBFC partner, do not apply. Learn how to spot the difference by reading our guides on Fibe, Fatak Pay, and CreditSea.

Is Digikredit Finance the same company as DigiCredit?

No. Digikredit Finance Private Limited is separate. Khosya Finlease is DigiCredit's real lending partner.

What if I don't qualify for DigiCredit?

DigiCredit requires salaried employment and excludes self-employed workers. A credit score of 600 is required. Compare alternatives on our verified list of RBI-approved loan apps.

Is my data safe with DigiCredit?

DigiCredit's Google Play listing says data is not encrypted at rest. Khosya Finlease is RBI-regulated and must comply with data protection rules. Consider this before sharing your PAN and bank details.

Can I prepay my DigiCredit loan early?

Contact support@digicredit.in to confirm there are no prepayment charges before you repay early.

Sources. This article is based on DigiCredit's official Google Play listing (August 2026), Khosya Finlease Private Limited's NBFC registration with the Reserve Bank of India, and verified borrower complaints from Google Play. Always read the Key Fact Statement and Terms and Conditions before accepting any loan offer. Rates, eligibility, and fees are indicative and subject to change by the lender.