Is CoBorrow Loan App Safe? RBI DLA Directory Verdict
Directory checked 2026-10-08
- ✅ Listed in RBI's DLA directory as “CoBorrow”
- 🏛️ Deployed by: ASH GROVE CAPITAL PRIVATE LIMITED (FORMERLY KNOWN A UNOGROWTH CREDIT INDIA PRIVATE LIMITED) (NBFC)
- 🤝 Operated by: Third Unicorn Private Limited — a Lending Service Provider running the app on the regulated entity's behalf, per RBI's directory
- 📧 Grievance officer: grievance@ashgrove.in
- 🛡️ Complaint route: RBI CMS portal (free)
🔍 CoBorrow — What RBI's DLA Directory Records
| Regulated entity | ASH GROVE CAPITAL PRIVATE LIMITED (FORMERLY KNOWN A UNOGROWTH CREDIT INDIA PRIVATE LIMITED) (NBFC) |
| Operated by | Third Unicorn Private Limited (Lending Service Provider) |
| Entity website | https://www.ashgrove.in/ |
| Grievance officer | Neeru Grover |
| Grievance contact | grievance@ashgrove.in · 7814718542 |
📱 Distributed via: Website
Source: RBI — Digital Lending Apps deployed by Regulated Entities (public directory), checked 2026-10-08. 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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❓ Quick Answers
Is CoBorrow loan app safe?
CoBorrow is listed in RBI's public directory of Digital Lending Apps, deployed by ASH GROVE CAPITAL PRIVATE LIMITED (FORMERLY KNOWN A UNOGROWTH CREDIT INDIA PRIVATE LIMITED) (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 CoBorrow?
CoBorrow is deployed by ASH GROVE CAPITAL PRIVATE LIMITED (FORMERLY KNOWN A UNOGROWTH CREDIT INDIA PRIVATE LIMITED), a NBFC regulated by RBI. This is the legal lender named in your loan agreement.
CoBorrow customer care / grievance contact?
The grievance redressal officer on record is Neeru Grover — grievance@ashgrove.in, 7814718542. Use this official contact, not helpline numbers found via Google search (scam helplines target loan-app users).
How do I complain against CoBorrow?
Step 1: raise the issue inside the app. Step 2: email the grievance officer (grievance@ashgrove.in). Step 3: no resolution in 30 days — escalate free to the RBI Ombudsman at cms.rbi.org.in.
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