Is Ippopay for Stores Loan App Safe? RBI DLA Directory Verdict
Directory checked 2026-09-01
- ✅ Listed in RBI's DLA directory as “Ippopay for Stores”
- 🏛️ Deployed by: 2 regulated entities (see below)
- 📧 Grievance officer: Complaints@ippopay.com
- 🛡️ Complaint route: RBI CMS portal (free)
🔍 Ippopay for Stores — What RBI's DLA Directory Records
| Regulated entity | BILLIONLOANS FINANCIAL SERVICES PRIVATE LIMITED (NBFC) |
| Entity website | https://www.billionloans.com/business-loan-machinery-desc.html |
| Grievance officer | Hema Keerthikiran |
| Grievance contact | Complaints@ippopay.com · 7305992287 |
| Regulated entity | LIGHT MICRO FINANCE PRIVATE LIMITED (NBFC) |
| Entity website | https://lightfinance.com |
| Grievance officer | Hema Keerthikiran |
| Grievance contact | Complaints@ippopay.com · 7305992287 |
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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 Ippopay for Stores loan app safe?
Ippopay for Stores is listed in RBI's public directory of Digital Lending Apps, deployed by 2 regulated entities including BILLIONLOANS FINANCIAL SERVICES 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 one of these entities before sharing KYC.
Which lender is behind Ippopay for Stores?
Ippopay for Stores is deployed by 2 RBI-regulated entities: BILLIONLOANS FINANCIAL SERVICES PRIVATE LIMITED, LIGHT MICRO FINANCE PRIVATE LIMITED. Your loan agreement names the specific entity for your loan — check it there.
Ippopay for Stores customer care / grievance contact?
The grievance redressal officer on record for BILLIONLOANS FINANCIAL SERVICES PRIVATE LIMITED is Hema Keerthikiran — Complaints@ippopay.com, 7305992287. Use this official contact, not helpline numbers found via Google search (scam helplines target loan-app users).
How do I complain against Ippopay for Stores?
Step 1: raise the issue inside the app. Step 2: email the grievance officer (Complaints@ippopay.com). Step 3: no resolution in 30 days — escalate free to the RBI Ombudsman at cms.rbi.org.in.
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