Is Cash247 Loan App Safe? RBI DLA Directory Verdict
Directory checked 2026-10-12
- ✅ Listed in RBI's DLA directory as “Cash247”
- 🏛️ Deployed by: MEGHDOOT MERCANTILE PVT. LTD. (NBFC)
- 🤝 LSP: Cash247 Money Fintech PVT LTD (Lending Service Provider, per RBI's directory). The loan itself is given by MEGHDOOT MERCANTILE PVT. LTD..
- 📧 Grievance officer: care@cash247.in
- 🛡️ Complaint route: RBI CMS portal (free)
🔍 Cash247 — What RBI's DLA Directory Records
| Regulated entity | MEGHDOOT MERCANTILE PVT. LTD. (NBFC) |
| LSP (Lending Service Provider) | Cash247 Money Fintech PVT LTD |
| Entity website | https://www.meghdootmercantile.com/ |
| Grievance officer | Aditya Nair |
| Grievance contact | care@cash247.in · 9217812623 |
📱 Distributed via: Google Play · Website
Source: RBI — Digital Lending Apps deployed by Regulated Entities (public directory), checked 2026-10-12. Listings are reported by the regulated entities on RBI's CIMS portal without further validation by RBI — a listing is not an RBI endorsement. Always confirm the lender named inside the app matches the entity above before sharing documents.
Not sure Cash247 is your best option?
No app. No contacts access. Just your offer — from 100+ RBI-registered lenders, with no CIBIL hit.
Get Real Offers — Free →Popular with borrowers
❓ Quick Answers
Is Cash247 loan app safe?
Cash247 is listed in RBI's public directory of Digital Lending Apps, deployed by MEGHDOOT MERCANTILE PVT. LTD. (NBFC). The listing is reported by the regulated entity on RBI's CIMS portal — always confirm the lender named inside the app matches this entity before sharing KYC.
Which lender is behind Cash247?
Cash247 is deployed by MEGHDOOT MERCANTILE PVT. LTD., a NBFC regulated by RBI. This is the legal lender named in your loan agreement.
Cash247 customer care / grievance contact?
The grievance redressal officer on record is Aditya Nair — care@cash247.in, 9217812623. Use this official contact, not helpline numbers found via Google search (scam helplines target loan-app users).
How do I complain against Cash247?
Step 1: raise the issue inside the app. Step 2: email the grievance officer (care@cash247.in). Step 3: no resolution in 30 days — escalate free to the RBI Ombudsman at cms.rbi.org.in.
📚 Related
Check Another Loan App →
Instant verdict against RBI's DLA directory.
RBI Complaint (free) →
RB-IOS 2026 — no lawyer needed.
Report a Fake Loan App →
Verify the NBFC + Sachet filing walkthrough.
Low CIBIL Loan Apps →
Lenders that approve below 650.
Compare Cash247 vs 100+ Lenders — Free →
Zero CIBIL impact. Real offers in 30 seconds.