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Is Leo1 Loan App Safe? RBI DLA Directory Verdict

Directory checked 2026-09-01

  • Listed in RBI's DLA directory as “Leo1
  • 🏛️ Deployed by: JM FINANCIAL PRODUCTS LTD. (FORMERLY - JM FINANCIAL PRODUCTS PVT LTD) (NBFC)
  • 📧 Grievance officer: nodalofficer.products@jmfl.com
  • 🛡️ Complaint route: RBI CMS portal (free)

🔍 Leo1 — What RBI's DLA Directory Records

Regulated entityJM FINANCIAL PRODUCTS LTD. (FORMERLY - JM FINANCIAL PRODUCTS PVT LTD) (NBFC)
Entity websitehttps://jmfinancialproducts.com
Grievance officerNishit Shah
Grievance contactnodalofficer.products@jmfl.com · 912266303030

📱 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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❓ Quick Answers

Is Leo1 loan app safe?
Leo1 is listed in RBI's public directory of Digital Lending Apps, deployed by JM FINANCIAL PRODUCTS LTD. (FORMERLY - JM FINANCIAL PRODUCTS PVT 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 Leo1?
Leo1 is deployed by JM FINANCIAL PRODUCTS LTD. (FORMERLY - JM FINANCIAL PRODUCTS PVT LTD), a NBFC regulated by RBI. This is the legal lender named in your loan agreement.
Leo1 customer care / grievance contact?
The grievance redressal officer on record is Nishit Shah — nodalofficer.products@jmfl.com, 912266303030. Use this official contact, not helpline numbers found via Google search (scam helplines target loan-app users).
How do I complain against Leo1?
Step 1: raise the issue inside the app. Step 2: email the grievance officer (nodalofficer.products@jmfl.com). Step 3: no resolution in 30 days — escalate free to the RBI Ombudsman at cms.rbi.org.in.

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