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Is DGV Money Loan App Safe? RBI DLA Directory Verdict

Directory checked 2026-10-12

  • ✅ Listed in RBI's DLA directory as “DGV Money”
  • 🏛️ Deployed by: KARNATAKA BANK LTD (BANK)
  • 🤝 LSP: Digivriddhi Technologies Pvt Ltd (Lending Service Provider, per RBI's directory). The loan itself is given by KARNATAKA BANK LTD.
  • 📧 Grievance officer: suhasm@ktk.bank.in
  • 🛡️ Complaint route: RBI CMS portal (free)

🔍 DGV Money — What RBI's DLA Directory Records

Regulated entityKARNATAKA BANK LTD (BANK)
LSP (Lending Service Provider)Digivriddhi Technologies Pvt Ltd
Entity websitehttps://www.karnatakabank.bank.in
Grievance officerSUHAS M
Grievance contactsuhasm@ktk.bank.in · 8028062151

📱 Distributed via: Available to onboarded agents/ Field staff through MDM

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.

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❓ Quick Answers

Is DGV Money loan app safe?
DGV Money is listed in RBI's public directory of Digital Lending Apps, deployed by KARNATAKA BANK LTD (BANK). 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 DGV Money?
DGV Money is deployed by KARNATAKA BANK LTD, a BANK regulated by RBI. This is the legal lender named in your loan agreement.
DGV Money customer care / grievance contact?
The grievance redressal officer on record is SUHAS M — suhasm@ktk.bank.in, 8028062151. Use this official contact, not helpline numbers found via Google search (scam helplines target loan-app users).
How do I complain against DGV Money?
Step 1: raise the issue inside the app. Step 2: email the grievance officer (suhasm@ktk.bank.in). Step 3: no resolution in 30 days — escalate free to the RBI Ombudsman at cms.rbi.org.in.

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