Is MCFL Loans Loan App Safe? RBI DLA Directory Verdict
Directory checked 2026-10-12
- ✅ Listed in RBI's DLA directory as “MCFL Loans”
- 🏛️ Deployed by: MANGAL CREDIT AND FINCORP LIMITED (NBFC)
- 📧 Grievance officer: grievance@mangalfincorp.com
- 🛡️ Complaint route: RBI CMS portal (free)
🔍 MCFL Loans — What RBI's DLA Directory Records
| Regulated entity | MANGAL CREDIT AND FINCORP LIMITED (NBFC) |
| LSP (Lending Service Provider) | None: the app is self-owned by the regulated entity |
| Entity website | https://www.mangalfincorp.com/index.aspx |
| Grievance officer | Paras Shah |
| Grievance contact | grievance@mangalfincorp.com · 2242461300 |
📱 Distributed via: 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 MCFL Loans loan app safe?
MCFL Loans is listed in RBI's public directory of Digital Lending Apps, deployed by MANGAL CREDIT AND FINCORP 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 MCFL Loans?
MCFL Loans is deployed by MANGAL CREDIT AND FINCORP LIMITED, a NBFC regulated by RBI. This is the legal lender named in your loan agreement.
MCFL Loans customer care / grievance contact?
The grievance redressal officer on record is Paras Shah — grievance@mangalfincorp.com, 2242461300. Use this official contact, not helpline numbers found via Google search (scam helplines target loan-app users).
How do I complain against MCFL Loans?
Step 1: raise the issue inside the app. Step 2: email the grievance officer (grievance@mangalfincorp.com). Step 3: no resolution in 30 days — escalate free to the RBI Ombudsman at cms.rbi.org.in.
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