Is Ippopay for Stores Loan App Safe? RBI DLA Directory Verdict
Directory checked 2026-10-12
- ✅ Listed in RBI's DLA directory as “Ippopay for Stores”
- 🏛️ Deployed by: BILLIONLOANS FINANCIAL SERVICES PRIVATE LIMITED (NBFC)
- 🤝 LSP: Ippopay Technologies Pvt Ltd (Lending Service Provider, per RBI's directory). The loan itself is given by BILLIONLOANS FINANCIAL SERVICES PRIVATE LIMITED.
- 📧 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) |
| LSP (Lending Service Provider) | Ippopay Technologies Pvt Ltd |
| Entity website | https://www.billionloans.com/business-loan-machinery-desc.html |
| Grievance officer | Hema Keerthikiran |
| Grievance contact | Complaints@ippopay.com · 7305992287 |
📱 Distributed via: iOS App Store · 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 Ippopay for Stores loan app safe?
Ippopay for Stores is listed in RBI's public directory of Digital Lending Apps, deployed by 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 this entity before sharing KYC.
Which lender is behind Ippopay for Stores?
Ippopay for Stores is deployed by BILLIONLOANS FINANCIAL SERVICES PRIVATE LIMITED, a NBFC regulated by RBI. This is the legal lender named in your loan agreement.
Ippopay for Stores customer care / grievance contact?
The grievance redressal officer on record 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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