KredTap Real or Fake? RBI Lender, Charges and Reviews

KredTap is a real loan app, and the loans it arranges are sanctioned by Salora Capital Limited, which RBI lists as a registered NBFC. KredTap itself is only the middleman. Codebrew Innovations Private Limited runs it as a lending service provider and says it never lends its own money. Salora's website lists KredTap as one of its partners, so the link works in both directions.

That answers "is it fake", but whether it is a good deal is a separate matter. The app only went live on Google Play on 27 May 2026, and its own pages disagree on amounts, tenure and charges. Before you sign, open the Key Fact Statement (KFS) and look at two lines: the APR and the foreclosure charge. Our checks are as of 30 October 2026.

KredTap in five points

Who lends: Salora Capital Limited, entry 6406 on RBI's NBFC list dated 15 October 2026, filed under the Mumbai office.
Who runs the app: Codebrew Innovations Private Limited, with a registered office in Chandigarh. It acts as the lender's agent.
A second name: KredTap's website also names Capital Trade Links Limited, another registered NBFC, as a lender. The Play listing names Salora alone.
Loan shape: KredTap's site quotes 3 to 6 months and up to ₹1,00,000, priced from 24% a year on a reducing balance.
The worries: a young app, mixed messages on fees, broad data terms and a run of "data collected, no loan" reviews.

The firm behind KredTap and the NBFC that funds your loan

The app is built and run by Codebrew Innovations Private Limited. Its about page gives CIN U72200CH2017PTC041572 and an office in Sector 44C, Chandigarh. Play's developer details show a Mohali address instead. Either way, Codebrew is a tech company, and the money comes from an NBFC.

That NBFC is Salora Capital Limited. Salora says it was once called Jadoonet Limited and was incorporated in 1999. Its own page of lending service providers lists ten partners, and KredTap is one of them. When the app's Play replies answer "fraud" reviews, they also name Salora as the lender.

Capital Trade Links Limited is the loose end. KredTap's website names it as a second lender.

Its homepage links both KredTap and a near copy called CredTap, which shares the same operator and contacts. But its partners page doesn't mention KredTap at all. So treat Salora as the lender unless your KFS says otherwise.

Mind the lookalikes. KredTap is not TapLend, LoanTap, MoneyTap (now Freo), KreditBee or KredX. If you came here looking for one of those, our TapLend review may be the page you want.

Does KredTap have RBI approval? The checks we ran

RBI gives licences to lenders, never to apps. So "approved" here means the lender behind KredTap is on RBI's books, and that it owns up to KredTap. These are the checks, in the order we ran them.

Read the lender's name on Play. The listing says all loans are sanctioned and paid out by Salora Capital Limited. It quotes registration number N-13.01855.
Look Salora up in RBI's NBFC list. In the list covering registrations as on 30 September 2026, Salora is entry 6406. It is a non-deposit-taking investment and credit company with CIN U72900MH1999PLC122849. RBI's list doesn't print registration numbers, so N-13.01855 can't be matched there.
Check Capital Trade Links too. It is entry 1367 in the same list, filed with the New Delhi office.
Find KredTap on the lender's website. Salora's partner page lists KredTap and links to its web app. That two-way mention matters more than any badge on the app.
Look in RBI's directory of lending apps. It refused our connection on 30 October 2026. We could not confirm KredTap's entry, so look for it yourself.
Keep Sachet in mind. If someone pushes a "KredTap" loan by phone or chat, tell RBI through its Sachet portal.

The register of cancelled NBFCs also failed to load for us. Being on the current list on that date is the key test.

KredTap loan charges, from interest to foreclosure

KredTap prints two sets of terms, one on its website and one on Google Play. The table puts them side by side.

Charge	Website	Google Play listing
Amount	₹10,000 to ₹1,00,000	₹5,000 to ₹50,000
Tenure	3 to 6 months	3 to 60 months
Interest	From 24% a year, reducing	12% to 32.5% a year
Processing fee	2% to 10%, plus 18% GST	Up to 10%, plus GST
APR	Shown in your KFS	Up to 78%
Foreclosure	Not stated	4% of principal outstanding, plus GST
EMI bounce	As per your KFS	4% of overdue principal or ₹500, whichever is lower
Penal charge	As per your KFS	36% a year on overdue principal, days 2 to 180

The website gives a clean example. Take ₹50,000 over six months. The rate is 24% a year and the fee is 2%.

Once the ₹1,000 fee and its ₹180 GST are taken out, ₹48,820 reaches your bank. You then pay ₹8,926 a month, or ₹53,558 in total. That is ₹4,738 more than you received over half a year.

The fee range changes the picture a lot. At the top 10% fee, ₹5,000 plus ₹900 GST comes off first. You would get ₹44,100 and still repay the same EMIs.

The Play example is less helpful. It shows ₹2,00,000 for 3 years, which is above the listing's own ₹50,000 maximum. Its figures don't agree either: 36 EMIs of ₹8,020 add up to ₹2,88,720, yet it says interest is ₹80,460.

Salora's own schedule differs again. It lists ₹650 per bounce and flat monthly penal charges, from ₹100 up to ₹2,500 by overdue amount. Its personal loan page says prepayment is nil.

Salora's site also offers a payday loan at 1% a day for 7 to 45 days. Nothing on KredTap's pages offers that, so a KFS showing weeks instead of months is a reason to stop.

What makes people suspect KredTap

Some reviewers call KredTap a fraud. The records don't show that. They do show untidy public pages, which is part of why people worry.

"Data collected, no loan." One-star reviews from August to October 2026 say the app took their details and then rejected them. One from 21 August was marked helpful by 13 people.
An upfront money claim. A review on 2 July 2026 says money was taken before the loan was refused. We could not verify it.
Data terms that clash. On Play, the Data safety section claims the app collects nothing. Yet KredTap's privacy policy describes reading SMS data, even while the app is closed, plus your location and camera.
Broad consent. The terms allow calls and messages even if your number is on the Do Not Call list. The privacy policy also lets third parties see contacts or financial SMS for "value added services", with your consent.
Broken links. Policy links in the Play description lead to pages that don't exist. The working copies sit on a different KredTap domain.
Small contradictions. The terms mention an iPhone app. The FAQ says there isn't one yet.

What's normal: rejection after a credit check is common for any lender. KYC steps, a selfie and a UPI AutoPay mandate are routine too. Being new is not a crime. It just means there's less history to judge.

KredTap ratings and reviews so far

On 30 October 2026 KredTap showed 4.0 stars from 259 reviews and 50K+ downloads. The app was last updated on 15 October 2026. Since it only launched in late May, that score rests on about five months of use.

The newest 68 reviews we read, from 2 June to 28 October 2026, lean negative. There were 36 one-star and 23 five-star ratings, with a few in between. One reviewer name appears on three separate five-star reviews, which makes the praise harder to trust.

Happy users mostly talk about speed. One said the loan came in 15 minutes. Another said processing took under 10 minutes. Even a five-star reviewer added that the interest was too heavy.

The complaints have a pattern. Aadhaar checks through DigiLocker keep failing, and PAN-Aadhaar matches get rejected. Some borrowers say they were refused after sharing data. One said the app wouldn't let them repay.

Fake KredTap offers: warning signs

KredTap is new, which makes its name easy to borrow. Watch for these signs.

Wrong app. The real one on Google Play is "Kredtap" by Codebrew Innovations Private Limited. A file sent by WhatsApp or SMS is not it.
Money before the loan. KredTap's website says the fee comes off before the payout. Nobody should ask you to transfer a fee first.
Payment to a person. Repayment works through UPI AutoPay or UPI inside the app or website. Don't pay a stranger's UPI ID.
Unlisted numbers. Support is +91 9818139887, and Play lists +91 63879 16163 for the developer. Check any other number against the official pages.
The CredTap copy. CredTap shares KredTap's operator and contacts. If an offer comes under that name, check with KredTap support before going further.

Got a problem with KredTap? Who to contact

Write to each level and keep the reply. Here is the order to follow.

Support: email help@kredtap.com or call +91 9818139887. The privacy policy gives hours of 10:00 to 19:00, Monday to Saturday.
KredTap's grievance officer: Prince, at grievance@kredtap.com or +91 7381293727. You should hear back within 3 working days, and the policy allows 30 working days to resolve it.
The lender: Salora Capital's grievance officer is Himanshu Singh, on +91 9289119401 or grievance@saloracapital.com. Its principal nodal officer takes email at Amit@saloracapital.com.
RBI Integrated Ombudsman: KredTap's own site says to escalate after 30 days without a fix. Use cms.rbi.org.in or the 14448 helpline.
Cybercrime: if you lose money to someone posing as KredTap, call 1930 the same day.

Our KredTap customer care page lists these contacts together, and our customer care number directory covers other lenders. Save them before you take a loan, not after.

Should you borrow through KredTap?

It could suit a salaried borrower earning at least ₹20,000 a month who wants a small EMI loan over a few months. The website's 24% reducing-rate example is a fair EMI loan. If your KFS looks like that, the deal is reasonable.

Think twice if your KFS shows a high fee, an APR near the 78% ceiling or a 4% foreclosure charge. Skip it if you're uneasy about SMS data being read while the app is closed. Note too that the refund policy says a loan can't be cancelled once credited. So read everything before you accept.

For comparison, look at our reviews of Zype, mPokket and Prefr, all regulated options we have covered. For our scores, see our full KredTap review.

FAQs: KredTap loan app

Is KredTap real or fake?

KredTap is real: Codebrew Innovations Private Limited runs the app, and Salora Capital Limited, a registered NBFC, sanctions the loans. Salora's own website lists KredTap as a partner. Our searches found no RBI warning, police case or press story about KredTap as of October 2026. Its weak spots are contradictory terms and data practices.

Is KredTap RBI registered?

KredTap is a service provider, so RBI doesn't register it directly. Its lender is registered: Salora Capital Limited is entry 6406 in RBI's September 2026 NBFC register. KredTap's website also names Capital Trade Links Limited, entry 1367. RBI's Digital Lending Apps directory wouldn't load for us on 30 October 2026, so the app's own entry is unconfirmed.

What is the real cost of a KredTap loan?

KredTap's own sample loan is ₹50,000, repaid over six months at 24% a year, with a 2% fee. You'd receive ₹48,820, pay ₹8,926 a month and repay ₹53,558 in all. Fees can reach 10% plus GST, and the Play listing puts the APR ceiling at 78%. Your KFS shows the exact numbers for your loan.

What is the KredTap customer care number?

KredTap support is on +91 9818139887 and help@kredtap.com, Monday to Saturday. The grievance officer, Prince, takes complaints at grievance@kredtap.com or +91 7381293727. You can also reach the lender, Salora Capital, through Himanshu Singh on +91 9289119401. If nothing is fixed within 30 days, complain to the RBI Integrated Ombudsman.

Why did KredTap reject me after taking my data?

KredTap doesn't publish a reason, and many one-star reviews raise the same complaint. Lenders often reject after a credit check, so it is not proof of fraud. If you want your data removed, write to help@kredtap.com and the grievance officer. If someone then asks for money to "approve" you, treat it as a scam and call 1930.

Can I close a KredTap loan early?

Yes, but check the cost first. The Play listing charges 4% of the principal outstanding plus GST to foreclose, and the same for part-prepayment. Salora's own personal loan page says prepayment charges are nil. Ask support in writing for the exact payoff figure, and keep the no-dues confirmation once the loan closes.

Is CredTap the same as KredTap?

CredTap is a near copy of the KredTap website, run by the same company, Codebrew Innovations Private Limited, with the same contacts and lenders. Capital Trade Links links to both from its homepage. It isn't a separate lender. If an offer comes under the CredTap name, confirm it with KredTap support before sharing any documents.

Sources: Kredtap app page on Google Play, with its Data safety notes and reviews, October 2026; KredTap website (home, about, privacy policy, terms, grievance redressal, refund policy and contact pages), October 2026; CredTap website, October 2026; Salora Capital Limited website (about, LSP partners, products, schedule of penal charges and grievance pages), October 2026; Capital Trade Links Limited website, October 2026; RBI register of NBFCs, position as on 30 September 2026.

KredTap Loan App Real or Fake? Lender, Charges and Red Flags