Is Shopse Loan App Safe? RBI DLA Directory Verdict
Directory checked 2026-10-12
- ✅ Listed in RBI's DLA directory as “Shopse”
- 🏛️ Deployed by: 4 regulated entities (see below)
- 📧 Grievance officer: care@getshopse.com
- 🛡️ Complaint route: RBI CMS portal (free)
🔍 Shopse — What RBI's DLA Directory Records
| Regulated entity | EARLYSALARY SERVICES PRIVATE LIMITED (OLD NAME ASHISH SECURITIES PVT. LTD.) (NBFC) |
| LSP (Lending Service Provider) | Newbazaar Technologies Pvt Ltd |
| Entity website | https://www.earlysalary.in |
| Grievance officer | Amar Sawant (Contact no. 08069809292) |
| Grievance contact | care@getshopse.com · 0 |
| Regulated entity | IDFC FIRST BANK LIMITED (BANK) |
| LSP (Lending Service Provider) | Newbazaar Technologies Private Limited |
| Entity website | https://www.idfcfirstbank.com/personal-banking/adlp/digital-lending-partners |
| Grievance officer | Mr.Sushil Prajapati |
| Grievance contact | nodal-officer@getshopse.com · 8069809292 |
| Regulated entity | OXYZO FINANCIAL SERVICES LIMITED (FORMERLY KNOWN AS OXYZO FINANCIAL SERVICES PRIVATE LIMITED) (NBFC) |
| LSP (Lending Service Provider) | Newbazaar Technologies Pvt Ltd |
| Entity website | https://respo.co.in/ |
| Grievance officer | Sushil Prajapati |
| Grievance contact | nodal-officer@getshopse.com · 8069809292 |
| Regulated entity | RESPO FINANCIAL CAPITAL PRIVATE LIMITED (NBFC) |
| LSP (Lending Service Provider) | Newbazaar Technologies Pvt Ltd |
| Entity website | https://respo.co.in/ |
| Grievance officer | Sushil Prajapati |
| Grievance contact | nodal-officer@getshopse.com · 8069809292 |
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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 Shopse loan app safe?
Shopse is listed in RBI's public directory of Digital Lending Apps, deployed by 4 regulated entities including EARLYSALARY SERVICES PRIVATE LIMITED (OLD NAME ASHISH SECURITIES 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 one of these entities before sharing KYC.
Which lender is behind Shopse?
Shopse is deployed by 4 RBI-regulated entities: EARLYSALARY SERVICES PRIVATE LIMITED (OLD NAME ASHISH SECURITIES PVT. LTD.), IDFC FIRST BANK LIMITED, OXYZO FINANCIAL SERVICES LIMITED (FORMERLY KNOWN AS OXYZO FINANCIAL SERVICES PRIVATE LIMITED), RESPO FINANCIAL CAPITAL PRIVATE LIMITED. Your loan agreement names the specific entity for your loan — check it there.
Shopse customer care / grievance contact?
The grievance redressal officer on record for EARLYSALARY SERVICES PRIVATE LIMITED (OLD NAME ASHISH SECURITIES PVT. LTD.) is Amar Sawant (Contact no. 08069809292) — care@getshopse.com, 0. Use this official contact, not helpline numbers found via Google search (scam helplines target loan-app users).
How do I complain against Shopse?
Step 1: raise the issue inside the app. Step 2: email the grievance officer (care@getshopse.com). Step 3: no resolution in 30 days — escalate free to the RBI Ombudsman at cms.rbi.org.in.
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