Is Velicham Loan App Safe? RBI DLA Directory Verdict
Directory checked 2026-09-01
- ✅ Listed in RBI's DLA directory as “Velicham”
- 🏛️ Deployed by: 2 regulated entities (see below)
- 📧 Grievance officer: ganga@velichamfinance.com
- 🛡️ Complaint route: RBI CMS portal (free)
🔍 Velicham — What RBI's DLA Directory Records
| Regulated entity | UGRO CAPITAL LIMITED (PREVIOUSLY CHOKHANI SECURITIES LIMITED) (NBFC) |
| Entity website | https://www.ugrocapital.com/lending-service-provider#digital-Lending-apps |
| Grievance officer | Ms. Ganga Devi |
| Grievance contact | ganga@velichamfinance.com · 9942985699 |
| Regulated entity | UGRO CAPITAL LIMITED (PREVIOUSLY CHOKHANI SECURITIES LIMITED)* (NBFC) |
| Entity website | https://www.ugrocapital.com/lending-service-provider#digital-Lending-apps |
| Grievance officer | Ms. Ganga Devi |
| Grievance contact | ganga@velichamfinance.com · 9942985699 |
📱 Distributed via: Google Play
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 Velicham loan app safe?
Velicham is listed in RBI's public directory of Digital Lending Apps, deployed by 2 regulated entities including UGRO CAPITAL LIMITED (PREVIOUSLY CHOKHANI SECURITIES LIMITED) (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 Velicham?
Velicham is deployed by 2 RBI-regulated entities: UGRO CAPITAL LIMITED (PREVIOUSLY CHOKHANI SECURITIES LIMITED), UGRO CAPITAL LIMITED (PREVIOUSLY CHOKHANI SECURITIES LIMITED)*. Your loan agreement names the specific entity for your loan — check it there.
Velicham customer care / grievance contact?
The grievance redressal officer on record for UGRO CAPITAL LIMITED (PREVIOUSLY CHOKHANI SECURITIES LIMITED) is Ms. Ganga Devi — ganga@velichamfinance.com, 9942985699. Use this official contact, not helpline numbers found via Google search (scam helplines target loan-app users).
How do I complain against Velicham?
Step 1: raise the issue inside the app. Step 2: email the grievance officer (ganga@velichamfinance.com). Step 3: no resolution in 30 days — escalate free to the RBI Ombudsman at cms.rbi.org.in.
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