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Is FriendLoan Loan App Safe? RBI DLA Directory Verdict

Directory checked 2026-10-12

  • ✅ Listed in RBI's DLA directory as “FriendLoan: Business Loan App”
  • 🏛️ Deployed by: SAMPATHI CREDITS PRIVATE LIMITED (NBFC)
  • 📧 Grievance officer: grievance@friendloan.in
  • 🛡️ Complaint route: RBI CMS portal (free)

🔍 FriendLoan — What RBI's DLA Directory Records

Regulated entitySAMPATHI CREDITS PRIVATE LIMITED (NBFC)
LSP (Lending Service Provider)None: the app is self-owned by the regulated entity
Entity websitehttps://friendloan.in/
Grievance officerRajesh P
Grievance contactgrievance@friendloan.in · 7904346455

📱 Distributed via: Google Play

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 FriendLoan loan app safe?
FriendLoan: Business Loan App is listed in RBI's public directory of Digital Lending Apps, deployed by SAMPATHI CREDITS 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 FriendLoan?
FriendLoan: Business Loan App is deployed by SAMPATHI CREDITS PRIVATE LIMITED, a NBFC regulated by RBI. This is the legal lender named in your loan agreement.
FriendLoan customer care / grievance contact?
The grievance redressal officer on record is Rajesh P — grievance@friendloan.in, 7904346455. Use this official contact, not helpline numbers found via Google search (scam helplines target loan-app users).
How do I complain against FriendLoan?
Step 1: raise the issue inside the app. Step 2: email the grievance officer (grievance@friendloan.in). Step 3: no resolution in 30 days — escalate free to the RBI Ombudsman at cms.rbi.org.in.

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