Lenditt Loan App Real or Fake? Who Lends and What It Costs

Lenditt is a real loan app, and its loans come from two NBFCs on RBI's register: Chinmay Finlease and Madhur Instalments. Lenditt itself is the middleman, so it never lends its own money. Before you apply, check the Key Fact Statement (KFS). The APR on the Play listing doesn't match Lenditt's own cost example.

So "real" gets a clear yes. "Safe" is a softer yes with conditions. The lenders are regulated and both confirm Lenditt on their own websites. But the charges are steep, the terms still carry an old clause about your contact list, and some borrowers report pushy recovery calls. Everything below was checked on 4 November 2026.

Quick answer: is Lenditt real or fake?

• Real company: Lenditt Innovations & Technologies Private Limited runs the app from Thaltej, Ahmedabad. It says it was founded in 2020.
• Regulated lenders: Chinmay Finlease Limited (entry 1526) and Madhur Instalments Private Limited (entry 4126) both sit on RBI's NBFC register.
• Confirmed both ways: each lender names Lenditt as its lending service partner on its own site.
• Pricey: the rate begins at 28% a year on a flat basis, and fees plus GST come off before the money reaches you.
• Mixed reviews: 4.1 stars on Google Play from 15,078 ratings, with many angry one-star posts about rejections.

Who runs Lenditt, and whose money you borrow

Lenditt is a platform, not a bank or NBFC. Its grievance policy calls the company a technology platform and a Lending Service Provider (LSP). In plain words, it finds borrowers, collects their documents and passes the file to a lender. The lender approves the loan, sends the money and owns the debt.

Two lenders are named on the Play listing and the app's contact page. One is Chinmay Finlease Limited, an Ahmedabad NBFC. The other is Madhur Instalments Private Limited, a Meerut firm that has lent since 1985, mostly for vehicles and small businesses.

There's a close tie on the Chinmay side. A non-executive director of Chinmay Finlease is also a director and co-founder of Lenditt, says Chinmay's own About page. The two firms even share an office block in Times Corporate Park, Thaltej. That isn't illegal or hidden, but the app and its main lender are hardly strangers.

Oddly, Lenditt's privacy policy lists only Chinmay as its personal loan partner. So your loan papers matter, because they show which NBFC actually lent to you. Chinmay also runs a loan app of its own, which we cover in our Chinmay Finlease review.

Is Lenditt RBI registered? Here's how we checked

Lenditt doesn't need its own NBFC licence, because it doesn't lend. What matters is the lender behind each loan. You can repeat these checks yourself, and our step-by-step RBI check guide explains each one in more detail.

1. Read the lender's name in the app. Before you sign, the KFS and loan agreement should name Chinmay Finlease Limited or Madhur Instalments Private Limited. Any other name is a warning sign.
2. Search RBI's register of NBFCs. In the edition covering the end of September 2026, Chinmay is entry 1526 under the Ahmedabad office. Madhur is entry 4126 under Kanpur. Neither takes public deposits.
3. Match the registration details. Chinmay's number is B.01.00558, and its CIN is U67120GJ1996PLC031275. Madhur's number is B-12.00396, with CIN U65921UP1985PTC007168.
4. Open each lender's website. Chinmay lists Lenditt under "Lending Service Providers" on its Our Partners page. Madhur's site footer says "Lending Service Partner: Lenditt". This two-way link is the proof you want.
5. Try RBI's Digital Lending Apps directory. RBI's rules make lenders report every partner app, and RBI then publishes that data. The directory timed out when we tried on 4 November 2026, so please look it up yourself.
6. Look for RBI action. Search RBI press releases and the Sachet portal for the lender's name. Our own search found no RBI penalty, caution or cancellation for Chinmay, Madhur or Lenditt.

What a Lenditt loan costs

Here are the terms published by Lenditt and its two lenders, as of November 2026.

GST at 18% is added on the fees. All of these come out of the loan before payout.

Lenditt's Play listing gives one worked example. You borrow ₹30,000 at 28% a year for 180 days. The fees come to ₹2,150, and GST adds ₹387, so ₹2,537 is cut upfront. You receive ₹27,463. Interest is ₹4,142, so you repay ₹34,142 in total.

Put simply, you pay ₹6,679 to use ₹27,463 for six months. Both lenders work out interest on the whole sanctioned sum, even as you pay it down. Add the upfront cut, and the 26% to 36% APR on the listing can't be right for that example. Treat the KFS in the app as the only figure that counts.

Madhur Instalments' own rate policy gives personal loan interest of 2.33% to 9% a month. That top end is far above anything Lenditt advertises. If Madhur is your lender, read the monthly rate on your KFS with extra care.

Why some people think Lenditt is fake

A lot of one-star reviews simply say "fake" or "fraud". Most come from people who were turned down. A refusal feels like a scam after you've handed over your PAN and bank statements, but it doesn't make an app fake.

Some worries are fair, though. Here's what the research turned up:

• The contact list clause. Under Lenditt's terms, a lender chasing a late payment "may contact with your contact list". RBI's digital lending rules tell lending apps to keep away from contact lists.
• Data claims that clash. Google Play's Data safety page claims the app shares nothing with third parties. Yet the privacy policy names partner NBFCs, insurers, gold providers and others who receive data.
• Heavy data asks. The terms list SMS, browsing history and third-party login details as data you may share. The privacy policy says it reads only financial SMS, with consent.
• Prices that don't match. The listed APR, the site's rates and Madhur's monthly range all tell different stories.
• A name clash. A Canadian payday lender called Lenditt Technologies has its own reviews online. It's a different company.

Other things that look odd are normal. A loan platform without its own NBFC licence is common. Fees taken from the payout are normal too, as long as the KFS shows them.

What borrowers say about Lenditt

On 4 November 2026, Lenditt had 4.1 stars on Google Play from 15,078 ratings. The app shows 10L+ downloads and was last updated on 28 Oct 2026. The ratings are split hard: 11,110 five-star and 3,086 one-star, with few in between.

The good reviews talk about speed. Several borrowers say the money landed in 10 or 15 minutes, and a few thank a support executive by name. The bad reviews repeat a few themes:

• Rejection even after paying every EMI on time, sometimes with a credit score above 750.
• A "cool-off period" message after rejection, with a date before you can apply again.
• An SMS urging people to close their loan early for a bigger one, followed by a refusal.
• A ₹500 charge on the same day an auto-debit fails.
• Emails that go unanswered for days or weeks.
• A handful of reports of threatening texts, and of agents ringing people named as references.

Be wary of the five-star pile too. Many are one or two words long, and several praise the same staff member by name. That pattern often means reviews were requested. The recovery complaints are user claims, not proven findings, but they deserve attention.

How to spot a fake Lenditt app, agent or call

Chinmay Finlease runs a safety notice on its website saying fake firms falsely claim to be linked to it. It also says: "We do not ask customers to make any upfront payment or security deposit before loan disbursement." Use that as your rule for Lenditt loans too.

• Install only from Google Play or the App Store. The real Android app is "Lenditt: Personal Loan App" by Lenditt Innovations & Technologies Private Limited. Never install an APK sent on WhatsApp or Telegram.
• Never pay to get a loan. Real fees are cut from the payout. Anyone asking for a "processing fee" first is a fraud.
• Check where the money comes from. Lenditt says loans go straight to your bank account, never through wallets or cash.
• Ignore personal UPI IDs. Repay only through the app's own payment screen, by UPI, card or net banking.
• Match the lender's name. Your KFS should say Chinmay Finlease or Madhur Instalments. Nothing else.
• Check emails and numbers. Every email address Lenditt publishes ends in @lenditt.com. Compare any number that calls you with the list on our Lenditt customer care page.

Lenditt complaints: where to go, in order

Keep screenshots of your loan screen, KFS, messages and bank statement. Then climb this ladder one step at a time.

1. Email support first. Write to support@lenditt.com with your registered mobile number. You can also ring +91 7862839654, which is staffed from 9 AM to 7 PM, Monday to Saturday.
2. Escalate to the grievance officer. Krushna Vaghasiya handles complaints at grievance@lenditt.com and +91-7041703133. Lenditt says it aims to reply within 15 days.
3. Go to the lender. For Chinmay loans, the nodal grievance officer is Satvinder Singh Huda, on grievance@chinmayfinlease.com or 07948519054. For Madhur loans, write to Shivam Nishad at grievance@madhurfinserve.com.
4. Take it to RBI. Still stuck after 30 days? Lodge a complaint with RBI's Integrated Ombudsman on its portal, cms.rbi.org.in. The RBI helpline number is 14448.
5. Report threats or fraud. If an agent abuses you or contacts your family, or someone tricks money out of you, call the cybercrime helpline on 1930.

Lenditt's FAQ also gives 7600012589, a number Chinmay prints on its own home page. Every number we found is on our Lenditt customer care page, and our helpline directory covers other lenders.

Should you use Lenditt?

Lenditt may suit a salaried borrower aged 21 to 55. You'll need at least ₹25,000 a month in pay and a credit score of 600 or more. It helps most when you need a modest sum fast and will read every line of the KFS. Note the lender's name and the payout figure before you sign.

Look elsewhere if you want interest on a falling balance rather than flat interest. Think twice if you may repay early, since foreclosure costs 4% of what's left plus GST. And if you're self-employed, Lenditt's own pages disagree on whether you qualify.

Before you decide, get offers for the same amount from other regulated apps. Moneyview, KreditBee and Fibe all lend similar sums to salaried borrowers. Compare the rupees you receive and the rupees you repay. Our full Lenditt review has the ratings, pros and cons.

Frequently asked questions

Is Lenditt loan app real or fake?

Lenditt is real. It's run by Lenditt Innovations & Technologies Private Limited in Ahmedabad, and its loans come from two RBI-registered NBFCs. Both lenders, Chinmay Finlease and Madhur Instalments, name Lenditt on their own websites. That said, real doesn't mean cheap. Read the KFS before you accept any offer.

Is Lenditt RBI registered?

Lenditt holds no NBFC licence, so you won't find it on RBI's register. You will find its two lenders there. Chinmay Finlease is entry 1526, and Madhur Instalments is entry 4126, in the edition covering September 2026. The lender on your own loan is named in your KFS, so check it against the register.

How much does a Lenditt loan really cost?

The rate begins at 28% a year. It's a flat rate, worked out on the whole sum for the whole term. Chinmay loans also carry fees of 5% plus 1.5% plus ₹200, with GST, taken upfront. In Lenditt's own example, you get ₹27,463 from a ₹30,000 loan and repay ₹34,142 after 180 days. Madhur's fees are higher.

What is the Lenditt customer care number?

The main support number is +91 7862839654. Calls are taken from 9 AM to 7 PM, Monday to Saturday, and you can also email support@lenditt.com. For complaints, the grievance officer is on +91-7041703133 and grievance@lenditt.com. These are ordinary mobile numbers, not toll-free lines. Be careful with any other number that calls you.

Lenditt agents are threatening me. What can I do?

Get the caller's full name, their agency and the loan they're chasing. Then confirm all three with Lenditt and your lender in writing. Chinmay publishes its list of collection agencies on its partners page. Complain to the grievance officer by email. If calls turn abusive or reach your contacts, report it on 1930 and to the RBI Ombudsman.

How do I cancel or close a Lenditt loan?

Under Chinmay's rules, you get 3 days to change your mind. In that window, you can exit by repaying the principal and the proportionate APR, with no penalty. Lenditt's own terms say there's no cancellation once money arrives, so raise it in writing at once. Later on, both lenders charge 4% of the outstanding principal plus GST to foreclose.

Why does Lenditt reject me after I repaid on time?

The lender decides every loan. Lenditt's stock reply names income, credit history, CIBIL score and its own checks as the reasons. Several reviewers were refused after repaying on time, then told to wait out a cool-off period. How long that wait runs isn't stated anywhere we read. Don't close a loan early just because an SMS hints at a bigger one.

Sources: the Lenditt website, terms, privacy and grievance pages, November 2026; Lenditt on Google Play, including Data safety and user reviews, November 2026; the Lenditt App Store listing, November 2026; the Chinmay Finlease website, rate policy and grievance policy, November 2026; the Madhur Instalments website, rate policy and grievance page, November 2026; the RBI register of non-banking financial companies, position at the end of September 2026; the Reserve Bank's Digital Lending Directions of 2025.