Is Well Money Loan App Safe? RBI DLA Directory Verdict
Directory checked 2026-10-12
- ✅ Listed in RBI's DLA directory as “Well Money”
- 🏛️ Deployed by: KEMEX ENGINEERING (P) LTD (NBFC)
- 🤝 LSP: Swarit Advisors Pvt Ltd (Lending Service Provider, per RBI's directory). The loan itself is given by KEMEX ENGINEERING (P) LTD.
- 📧 Grievance officer: sandeep.kemex@gmail.com
- 🛡️ Complaint route: RBI CMS portal (free)
🔍 Well Money — What RBI's DLA Directory Records
| Regulated entity | KEMEX ENGINEERING (P) LTD (NBFC) |
| LSP (Lending Service Provider) | Swarit Advisors Pvt Ltd |
| Entity website | https://kemexfinance.com/ |
| Grievance officer | Sandeep Kumar |
| Grievance contact | sandeep.kemex@gmail.com · 892955405500000 |
📱 Distributed via: iOS App Store
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 Well Money loan app safe?
Well Money is listed in RBI's public directory of Digital Lending Apps, deployed by KEMEX ENGINEERING (P) 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 Well Money?
Well Money is deployed by KEMEX ENGINEERING (P) LTD, a NBFC regulated by RBI. This is the legal lender named in your loan agreement.
Well Money customer care / grievance contact?
The grievance redressal officer on record is Sandeep Kumar — sandeep.kemex@gmail.com, 892955405500000. Use this official contact, not helpline numbers found via Google search (scam helplines target loan-app users).
How do I complain against Well Money?
Step 1: raise the issue inside the app. Step 2: email the grievance officer (sandeep.kemex@gmail.com). Step 3: no resolution in 30 days — escalate free to the RBI Ombudsman at cms.rbi.org.in.
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