DigiCredit Review
A small-ticket salaried-only loan app (Rs 5,000 to Rs 1 lakh) whose claimed NBFC lender's RBI registration could not be verified.
DigiCredit is a small-ticket loan app offering Rs 5,000 to Rs 1 lakh for salaried borrowers, with a stated cap of 36% p.a. and a 62-day minimum tenure that at least matches RBI digital lending norms on paper.
The catch is that almost nothing about it can be verified. The claimed lender, Khosya Finlease, is a real 1998 Delhi company, but its RBI Certificate of Registration isn't published anywhere and we couldn't find it on rbi.org.in. The app's own sources contradict each other on loan amounts, tenures, and even which NBFC is lending. No fee schedule is published. That's not proof of a scam, but it's a transparency record poor enough that we'd verify everything before sharing a single document.
Quick Facts
₹1L
Max Loan
Up to 36% p.a. (stated cap; floor not disclosed)
Interest Rate
Claimed approval in minutes with quick disbursal (marketing, unverified)
Disbursal
2 – 12 months (site FAQ; Play listing says 62 – 120 days)
Tenure
Not disclosed
Processing Fee
Not disclosed
Min Income
Our Ratings
Claims approval in minutes and quick disbursal, but that's marketing copy with no independent confirmation either way.
A stated 36% p.a. cap with no published floor and zero fee disclosure — the true cost is unknowable before the KFS.
A standard app-based flow on paper, but the Play rating and downloads couldn't be retrieved, so quality is unverified.
No verifiable support track record and no complaint-resolution history to assess — a blank page, not a good one.
The claimed lender's RBI registration is unverifiable, partner claims conflict, and fees are undisclosed. That caps this score regardless of intent.
Loan Details & Charges
Eligibility Criteria
What It Actually Costs
Illustrative at the stated 36% p.a. cap, since no floor rate is published. Undisclosed processing and penalty charges could raise the true cost materially — the Key Fact Statement is the only number that counts.
Try the DigiCredit EMI calculatorPros
- Stated 36% p.a. cap and a 62-day minimum tenure, which at least align with RBI digital lending norms on paper
- Small, contained ticket sizes (Rs 5,000 – Rs 1 lakh) with tenures of 2 – 12 months
- The claimed lender, Khosya Finlease, is a real Delhi company incorporated in 1998, not a shell created last year
- Simple claimed process: Aadhaar and PAN KYC, salaried-only, app-based
Cons
- The claimed lender's RBI Certificate of Registration isn't published anywhere and we couldn't find it on rbi.org.in
- No processing fee, late fee, or foreclosure charge disclosed anywhere verifiable
- Sources contradict each other on basic terms: Rs 1,000 – 50,000 over 62 – 120 days (Play) vs Rs 5,000 – 1 lakh up to 365 days (website FAQ)
- One third-party source names a different NBFC partner (DSG Investments), and the conflict is unresolved
- Near-zero independent review footprint: Play rating and download figures unretrievable, all coverage is low-authority SEO blogs
Our Verdict
DigiCredit is, at best, an unverifiable small-ticket lender. The product itself is ordinary: Rs 5,000 to Rs 1 lakh for salaried borrowers, 2 to 12 months, up to 36% p.a. That's classic advance-salary territory, and there are established apps doing the same job with published fees and millions of verifiable reviews. The real cost story here is the unknowns. No processing fee, late fee, or foreclosure charge is disclosed anywhere we could verify, and the Play listing and the website FAQ disagree on basic terms. At 36% p.a., undisclosed fees can easily push the true cost of a short loan much higher, and you won't know until the Key Fact Statement lands. We're not calling DigiCredit fake. Khosya Finlease has existed since 1998, and nothing concrete has surfaced against the app. But the burden of proof sits with a lender, not a borrower. If you still want to proceed: demand the KFS before KYC, get the lender's RBI CoR number in writing, and check it yourself on rbi.org.in. If they can't produce it, walk away. Most borrowers should simply start with a lender that doesn't require this homework.
Who DigiCredit suits
Look elsewhere if
Things to Watch
- The claimed NBFC partner's RBI CoR number is not displayed on digicredit.in or the Play listing, and could not be found on rbi.org.in — treat RBI compliance as claimed, not verified
- Conflicting lender claims (Khosya Finlease vs DSG Investments) and conflicting loan terms between the app's own Play listing and website FAQ
- Zero fee and penalty disclosure — you won't know the true cost until the Key Fact Statement, so refuse to complete KYC before you've read it
- Almost no independent footprint: no retrievable Play rating or complaint history, only contradictory affiliate blogs — an absence of complaints here reflects thin data, not a clean record
- Small-ticket, short-tenure lending at up to 36% p.a. is an advance-salary pattern; if approached for repayment by anyone, verify they represent the registered lender
How to Apply for DigiCredit
- 1
Verify the lender first
Before installing, ask DigiCredit support for the lender's RBI CoR number in writing and check it on rbi.org.in. If they can't produce it, stop here.
- 2
Install and register
Download the app from the official Play Store listing (package com.digicredit) and register with your mobile number.
- 3
Demand the KFS before KYC
Ask for the Key Fact Statement showing APR, processing fee, penalties and the lender's name before submitting Aadhaar, PAN or income proof.
- 4
Complete KYC and receive funds
If the KFS checks out and names an RBI-registered lender, complete KYC. Confirm the disbursing account belongs to the named NBFC, not a third party.
Documents Required
What Real Users Say
The Play Store rating and download count could not be retrieved, and no credible independent reviews exist. Confidence in any sentiment signal is low.
There is almost no genuine user sentiment to report, which is itself the finding.
What users love
Only generic praise on low-authority SEO and affiliate blogs, with contradictory numbers between them.
Common complaints
No specific complaints surfaced — but that reflects a very thin footprint, not a clean record.
How DigiCredit Compares
vs mPokket — mPokket plays in the same small-ticket space with a far larger track record and a verifiable lender; DigiCredit offers no comparable proof.
vs KreditBee — KreditBee publishes its rates, fees and RBI-registered lending partners and has millions of verifiable reviews; DigiCredit publishes none of that.
vs PayRupik — PayRupik is the like-for-like small-ticket, short-tenure benchmark; even there the paperwork trail is clearer than DigiCredit's.
How we tested
We reviewed DigiCredit's Play Store listing and website, attempted to verify the claimed lender (Khosya Finlease Private Limited) against RBI's published NBFC records, checked corporate registry data, and searched the Play Store and consumer forums for borrower feedback. Key facts could not be confirmed: the lender's RBI CoR is unpublished, sources conflict on terms and even on the lending partner, and no fee schedule is disclosed. Figures are as of July 2026 and reflect claims, not verified terms. Any complaints referenced are user-reported allegations, not adjudicated findings.
Frequently Asked Questions
Is DigiCredit RBI approved?
Is DigiCredit safe to use?
How much can I borrow on DigiCredit, and at what rate?
What fees does DigiCredit charge?
Who is the actual lender behind DigiCredit?
Compare With
Compare AppsDigiCredit Tools
All Loan App Reviews
See how DigiCredit stacks up against every other instant loan app we've reviewed — compare ratings, max loan and rates side by side.
| Rank | App | Rating | Max Loan | Rate | Review |
|---|---|---|---|---|---|
| 1 | Bajaj Finserv | 4.6 | ₹55L | 10.00% – 31.00% p.a. | Read Review |
| 2 | Navi | 4.6 | ₹20L | 9.90% – 29.00% p.a. | Read Review |
| 3 | FlexiLoans Business Loan | 4.58 | ₹50L | 12% – 28% p.a. (official: 'from 1%/month'; ceiling unpublished) | Read Review |
| 4 | KreditBee NBFC lending partners | 4.5 | ₹10L | 12.00% – 28.50% p.a. | Read Review |
| 5 | MoneyView NBFC lending partners | 4.5 | ₹10L | 14.00% – 24.00% p.a. | Read Review |
| 6 | Home Credit | 4.5 | ₹4.8L | 19.20% – 44.00% p.a. | Read Review |
| 7 | Fibe NBFC partners | 4.5 | ₹10L | 18.00% – 36.00% p.a. | Read Review |
| 8 | Piramal Finance | 4.5 | ₹5L | 12.99% – 24.00% p.a. | Read Review |
| 9 | True Balance NBFC partners | 4.5 | ₹2L | 28.80% – 36.00% p.a. | Read Review |
| 10 | LendingPlate | 4.5 | ₹2.5L | 12% – 30% p.a. | Read Review |
| 11 | mPokket NBFC partners | 4.4 | ₹2L | 22.00% – 36.00% p.a. | Read Review |
| 12 | LazyPay NBFC partners | 4.4 | ₹5L | 18.00% – 32.00% p.a. | Read Review |
| 13 | Kissht NBFC lending partners | 4.4 | ₹5L | 14.00% – 30.00% p.a. | Read Review |
| 14 | Freo NBFC partners | 4.4 | ₹5L | 13.00% – 36.00% p.a. | Read Review |
| 15 | Nira NBFC partners | 4.4 | ₹1L | 24.00% – 36.00% p.a. | Read Review |
| 16 | CreditSea Meghdoot Mercantile Private Limited; Chhotaria Securities Private Limited (per aggregator listing) | 4.4 | ₹2L | 14% – 36% p.a. | Read Review |
| 17 | CASHe NBFC partners | 4.3 | ₹3L | 33.50% – 36.00% p.a. | Read Review |
| 18 | FlexSalary NBFC partners | 4.3 | ₹2L | 18.00% – 42.00% p.a. | Read Review |
| 19 | OLYV NBFC partners | 4.3 | ₹5L | 18.00% – 36.00% p.a. | Read Review |
| 20 | RING Power Loan Si-Creva Capital Services Pvt Ltd (in-house, RBI reg N-13.02129), Northern Arc Capital, MAS Financial Services, Utkarsh Small Finance Bank | 4.3 | ₹5L | 32% – 57% p.a. | Read Review |
| 21 | Stashfin NBFC partners | 4.2 | ₹5L | 11.99% – 59.99% p.a. | Read Review |
| 22 | PayRupik NBFC partners | 4.2 | ₹2.5L | 20.00% – 36.00% p.a. | Read Review |
| 23 | Hero FinCorp | 4.2 | ₹5L | 18% p.a. onwards (no published cap) | Read Review |
| 24 | Pocketly | 4.1 | ₹50,000 | 24% – 36% p.a. (all-in APR up to ~132% with fees, per third-party listings) | Read Review |
| 25 | HDFC Insta Loan | 4 | ₹40L | 9.99% – 24.00% p.a. | Read Review |
| 26 | ICICI Bank Personal Loan | 4 | ₹50L | 9.99% – 24.00% p.a. | Read Review |
| 27 | Axis Bank Instant Loan | 4 | ₹40L | 9.99% – 21.55% p.a. | Read Review |
| 28 | Zype Respo Financial Capital Private Limited | 4 | ₹5L | 18% – 34% p.a. | Read Review |
| 29 | Unity SFB Personal Loan | 4 | ₹5L | 16% – 30% p.a. | Read Review |
| 30 | True Fund | 4 | ₹0 | Not disclosed | Read Review |
| 31 | Tap4Credit | 4 | ₹0 | Not disclosed | Read Review |
| 32 | RapidMoney RuLoans Financial Services Pvt Ltd; Pooja Finstock International Ltd (PFIL); Fintree Finance Pvt Ltd | 4 | ₹15,000 | 36.5% – 54.75% p.a. (quoted as 0.1% – 0.15% per day), before the 15% processing fee | Read Review |
| 33 | Ram Fincorp R.K. Bansal Finance Private Limited | 4 | ₹2L | 15% – 35% p.a. (listed) | Read Review |
| 34 | Poonawalla Fincorp | 4 | ₹5L | 16% p.a. onwards (no published cap) | Read Review |
| 35 | PayTrust | 4 | ₹0 | Not disclosed | Read Review |
| 36 | InstaMoney Innofin Solutions Pvt Ltd (LenDenClub, NBFC-P2P); Aeroflex Finance Pvt Ltd | 4 | ₹1L | 24% – 48% p.a. | Read Review |
| 37 | HDFC SmartEMI | 4 | ₹0 | From 11.88% p.a. (0.99%/month); your actual rate is shown only at conversion | Read Review |
| 38 | FatakPay FDPL Finance Private Limited (wholly-owned RBI-registered NBFC subsidiary, sole lender) | 4 | ₹5L | 18% – 40% p.a. | Read Review |
| 39 | DMI Finance | 4 | ₹10L | 13.99% – 24.90% p.a. | Read Review |
| 40 | DigiCredit Khosya Finlease Private Limited (claimed, not verified; one source names DSG Investments instead) | 4 | ₹1L | Up to 36% p.a. (stated cap; floor not disclosed) | You're here |
| 41 | Cash247 Siddhi Traders Pvt Ltd, Chhotaria Securities Pvt Ltd, Meghdoot Mercantile Pvt Ltd, Swaroop Finance Pvt Ltd (none verified on RBI records) | 4 | ₹0 | 10.99% p.a. advertised; 14% shown elsewhere on the same site; max not disclosed | Read Review |
| 42 | BharatPe Credit Line YES Bank (Pay Later line); personal loans via BharatPe Capital, Unity Small Finance Bank, Poonawalla Fincorp, InCred, Piramal Finance, Aditya Birla Capital, L&T Finance and other partner lenders | 4 | ₹15L | 18% – 70% p.a. | Read Review |
| 43 | Aditya Birla Personal Loan | 4 | ₹50L | 10.99% – 28% p.a. | Read Review |
| 44 | Prefr Aditya Birla Capital Finance, Poonawalla Fincorp, SMFG India Credit, Zype, MAS Financial Services | 3.2 | ₹5L | 18% – 30% p.a. | Read Review |