Is Leo 1 Loan App Safe? RBI DLA Directory Verdict
Directory checked 2026-09-01
- ✅ Listed in RBI's DLA directory as “Leo 1”
- 🏛️ Deployed by: AVANSE FINANCIAL SERVICES LTD (NBFC)
- 📧 Grievance officer: debiprasad@leo1.in
- 🛡️ Complaint route: RBI CMS portal (free)
🔍 Leo 1 — What RBI's DLA Directory Records
| Regulated entity | AVANSE FINANCIAL SERVICES LTD (NBFC) |
| Entity website | https://www.avanse.com |
| Grievance officer | Debiprasad Baral |
| Grievance contact | debiprasad@leo1.in · 9554123123 |
📱 Distributed via: Website
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 Leo 1 loan app safe?
Leo 1 is listed in RBI's public directory of Digital Lending Apps, deployed by AVANSE FINANCIAL SERVICES LTD (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 Leo 1?
Leo 1 is deployed by AVANSE FINANCIAL SERVICES LTD, a NBFC regulated by RBI. This is the legal lender named in your loan agreement.
Leo 1 customer care / grievance contact?
The grievance redressal officer on record is Debiprasad Baral — debiprasad@leo1.in, 9554123123. Use this official contact, not helpline numbers found via Google search (scam helplines target loan-app users).
How do I complain against Leo 1?
Step 1: raise the issue inside the app. Step 2: email the grievance officer (debiprasad@leo1.in). Step 3: no resolution in 30 days — escalate free to the RBI Ombudsman at cms.rbi.org.in.
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