Is Cash247 Loan App Safe? RBI DLA Directory Verdict
Directory checked 2026-09-01
- ✅ Listed in RBI's DLA directory as “Cash247”
- 🏛️ Deployed by: 2 regulated entities (see below)
- 📧 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) |
| Entity website | https://www.meghdootmercantile.com/ |
| Grievance officer | Aditya Nair |
| Grievance contact | care@cash247.in · 9217812623 |
| Regulated entity | SIDDHI TRADERS (P) LTD (NBFC) |
| Entity website | https://siddhitpl.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 2026-09-01. 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.
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Is Cash247 loan app safe?
Cash247 is listed in RBI's public directory of Digital Lending Apps, deployed by 2 regulated entities including 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 one of these entities before sharing KYC.
Which lender is behind Cash247?
Cash247 is deployed by 2 RBI-regulated entities: MEGHDOOT MERCANTILE PVT. LTD., SIDDHI TRADERS (P) LTD. Your loan agreement names the specific entity for your loan — check it there.
Cash247 customer care / grievance contact?
The grievance redressal officer on record for MEGHDOOT MERCANTILE PVT. LTD. 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.
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