How to check if a company is on the RBI list of NBFCs in 2026

Loan apps are rarely registered with the RBI themselves. They act as agents for parent NBFCs or banks. To check if a loan app is legal, you must find the legal name of its parent company and search for it on the official list of registered NBFCs downloaded from the Reserve Bank of India website.

By Qrates research desk · 2026-10-27

To check if a company is an RBI registered NBFC, you must download the official list of Non-Banking Financial Companies from the Reserve Bank of India website. Loan apps themselves are rarely registered with the RBI. You must first find the legal name of the parent NBFC inside the app, and then search for that exact name on the RBI list.

Quick answer

Loan apps typically act as agents for a parent NBFC or bank rather than being registered as NBFCs themselves (www.billcut.com). To verify an app, you must first find the legal name of its parent company. You can then download the official list of registered NBFCs from the Reserve Bank of India to search for that legal name.

You can follow these steps to check a license:

Find the legal name of the parent NBFC in the app details.
Visit the official Reserve Bank of India website at rbi.org.in.
Download the official list of registered NBFCs.
Search the downloaded list for the legal company name.

What you need before you start

You will need a few things to verify a company license.

The exact name of the loan app you want to check.
A phone or a computer that can open Excel files or PDFs.
An internet connection to visit the official RBI website at rbi.org.in.

How to check if a company is on the RBI list of NBFCs

Step 1: Find the parent NBFC behind the loan app

Open the loan app website or read its Google Play Store description. Scroll to the bottom of the page to find the legal name of the lending partner or NBFC. The app developer name is rarely the registered NBFC name. You will need this exact company name for the next step.

Step 2: Download the official RBI NBFC list

Go to the official website of the Reserve Bank of India at rbi.org.in (rbi.org.in). Click on the sitemap and look for the NBFC list section. The Reserve Bank of India provides the list of registered NBFCs as a free download (rbi.org.in). You can download the latest Excel file directly to your device.

Step 3: Search the list for the company name

Open the downloaded Excel file on your phone or computer. Use the search function to look for the legal company name you found in step one. Do not search for the app name. The RBI register only lists legal company names.

Step 4: Check the September 2026 cancellation register

A company might have a suspended license. The RBI maintains a separate list of cancelled Certificates of Registration for NBFCs (rbi.org.in). You must check this list to ensure the company license is still active. The RBI updated this cancellation list on September 30, 2026 (rbi.org.in).

How long it takes and what it costs

Checking the RBI list is a fast process. The cost to verify a financial license using the RBI list is 0 rupees (rbi.org.in). The Reserve Bank of India provides the list of registered NBFCs as a free download to the public (rbi.org.in).

If it does not work

If you cannot find the parent NBFC name, do not install the app. If you find a name but it does not appear on the RBI list, you should avoid sharing your personal data.

Qrates checks the RBI registers for every product in its directory. You can check loan and credit apps and the companies behind money apps on Qrates to see the exact RBI license numbers and partner NBFCs without digging through spreadsheets.

If you suspect an app is a fake loan app, you can report it to the RBI Sachet portal. The RBI Sachet portal is the official platform for reporting fake loan apps (sachet.rbi.org.in). You can file your report under the complaint section at sachet.rbi.org.in.

FAQs

How to check if a loan app is RBI registered?

Find the lending partner name in the app details or on its website. Then download the official NBFC list from rbi.org.in. Search for the lending partner name on that official list.

Where can I find the RBI approved NBFC list?

The list is available on the official Reserve Bank of India website. You can find it under the NBFC section at rbi.org.in. The RBI provides this list as a free download to the public (rbi.org.in).

Fake loan app kaise pata kare?

A fake loan app usually hides its parent NBFC name. It often asks for full contact list permissions. It will also not appear on the official RBI register.

Is my loan app legal in India?

A loan app is legal if it clearly displays its partnership with an RBI registered bank or NBFC. Loan apps are required to follow RBI digital lending guidelines to be considered legal in India (pib.gov.in).

The short version

Loan apps act as agents and are rarely registered as NBFCs themselves.
You must find the legal name of the parent NBFC before you check the RBI list.
The Reserve Bank of India provides the official NBFC list for free at rbi.org.in.
The RBI maintains a separate list of cancelled licenses updated on September 30, 2026.
You can report fake or unregistered loan apps on the official RBI Sachet portal.