Is Loan Grid loan app safe?
Checked 27 Oct 2026 against RBI's list of lending apps, RBI's register of lenders and Google Play.
Loan Grid is a loan comparison website, not a lender or a lending app
LoanGrid says it does not lend. It shows loans from banks such as HDFC Bank, ICICI Bank and Yes Bank, and sends HDFC Bank applicants to HDFC Bank's own application form. If you are approved, the bank you applied to is your lender: check that your sanction letter and Key Fact Statement name that bank, and don't pay anyone a fee to get the loan.
LoanGrid (loangrid.in) is a website, not an app. It says it is a loan comparison platform and not a lender.
Not sure about Loan Grid? See loan offers from RBI-registered lenders instead.
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Grievance officer (as published by Loan Grid)
Prem G · grievance@loangrid.in · +91 7022078899
Source: loangrid.in (Grievance Redressal section), 27 Oct 2026. If they don't resolve your complaint in 30 days, go to RBI at cms.rbi.org.in.
Before you borrow from any app
- Find the lender's name in the app's About section and search it in our checker.
- Read the Key Fact Statement: it must show the lender, the full cost (APR) and every fee.
- Never pay a fee before the loan reaches your bank account.
- Don't give access to your contacts or photos.
Already borrowed and getting threats? See what to do about loan app harassment. Report an unregistered lender at sachet.rbi.org.in.
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Questions about Loan Grid
Is Loan Grid RBI approved?
Is Loan Grid real or fake?
Who is the lender behind Loan Grid?
RBI's list of lending apps is compiled from what regulated lenders report, without further checks by RBI, so a listing is not an approval and a missing app is not proof of fraud. Facts on this page were checked on 27 Oct 2026; RBI's list is re-checked every week.