Last verified: 12 October 2026 against RBI’s list of Digital Lending Apps (as on 5 October 2026), RBI’s list of registered NBFCs and InCred’s Google Play listing.
Short answer: Yes. InCred appears on RBI’s list of Digital Lending Apps (DLAs), reported by its lender Incred Financial Services Ltd, an RBI-regulated NBFC. Your loan agreement and credit report will show the lender’s name, not the app’s.
InCred at a glance
| Detail | What the official sources say |
|---|---|
| On RBI’s DLA list | Yes (checked 5 Oct 2026) |
| Lender | Incred Financial Services Ltd |
| Platforms reported to RBI | Android, iOS, Web |
| Google Play | com.incred.customer – 50 lakh+ installs, rated 4.6 |
| Loan amount (as disclosed) | – |
| APR (as disclosed) | 14% to 48% |
| Tenure (as disclosed) | 12 to 60 months |
| Processing fee (as disclosed) | Not stated in the listing |
Rates are the ranges InCred publishes in its Play listing. Your actual rate and fees are in your Key Fact Statement (KFS); always check it before accepting.
Who is InCred’s lender?
InCred lends through Incred Financial Services Ltd. Here is what RBI’s registered NBFC list shows:
| Lender | Type | RBI layer | Registered in |
|---|---|---|---|
| Incred Financial Services Ltd | Investment and Credit Company | Middle | Mumbai |
You can check any of these, or any other finance company, in our RBI-registered NBFC list.
How to check your own loan in 3 minutes
- Open your loan agreement or KFS in the app and note the lender’s name.
- Match it to the lender above.
- Check your CIBIL or Experian report: the loan should appear under that lender’s name with the right amount.
Spot something wrong, like a loan you never took or a closed loan still showing as active? Raise it with the lender first. If it is not resolved within 30 days, you can escalate to the RBI Ombudsman at cms.rbi.org.in.
What could a InCred loan cost?
An illustration using the highest APR InCred discloses (48% a year): borrowing ₹20,000 over 12 months would mean an EMI of about ₹2,131 and total charges of about ₹5,573. Because APR already includes fees, this is a rough guide. Your actual cost is in the KFS InCred must show you before you accept.
Compare it with other offers using our true-cost calculator and the APR vs interest rate guide.
InCred discloses short tenures or a high APR. If you are repaying several app loans at once, find out in 2 minutes whether one loan could replace them – one EMI, one date, a clear total cost.
Customer care and complaints
- First step: contact InCred through in-app support or the grievance officer named on the lender’s website.
- Lender’s grievance officer: every RBI-regulated lender must publish one on its website.
- Not resolved in 30 days? Escalate to the RBI Integrated Ombudsman at cms.rbi.org.in.
- Harassment or fraud: report cyber fraud at cybercrime.gov.in or call 1930. See your rights against loan app harassment.
Beware of fake “InCred customer care” numbers on social media. Only use contacts inside the official app or website.
Apps similar to InCred
| App | Lender | Installs | Loan amount | APR (as disclosed) |
|---|---|---|---|---|
| FlexSalary | Vivifi India Finance (P) Ltd | 1 crore+ | – | 20% to 70% |
| Olyv (SmartCoin) | Hari And Company Investments Madras Pvt. Ltd | 1 crore+ | – | 28.6% to 90% |
| L&T Finance PLANET | L&T Finance Ltd | 1 crore+ | – | 11% to 26% |
| FatakPay | Apollo Finvest (India) Ltd | 1 crore+ | ₹1,000 to ₹5 lakh | 15% to 78% |
| Fibe | Cholamandalam Investment And Finance Company Ltd | 1 crore+ | – | 18% |
| LazyPay | Payu Finance India Pvt. Ltd | 1 crore+ | – | 12% to 36% |
See all 1,041 apps in our RBI loan app list, or the apps for low credit score.
Frequently asked questions
Is InCred RBI approved?
RBI does not “approve” apps, but regulated lenders must report the apps they use to RBI, and RBI publishes that list. InCred is on it, reported by Incred Financial Services Ltd, as of 5 October 2026.
Is InCred safe to use?
Being on RBI’s list means a regulated lender is accountable for the loan. Read the KFS before you accept, borrow only what you can repay, and never share OTPs or your UPI PIN with anyone claiming to be from InCred.
Why does my CIBIL report show a different company name?
Because the lender, not the app, reports your loan to credit bureaus. Match the name against the lender above.
Can I close a InCred loan early?
Check the prepayment terms in your KFS. Under RBI’s digital lending rules, you can also exit a new loan during its cooling-off period by repaying the principal and proportionate APR, without penalty.
Change log
| Date | Change |
|---|---|
| 12 Oct 2026 | Page created. App on RBI’s DLA list; Play listing live; lender details checked against RBI’s NBFC list (30 June 2026). |
Compare: InCred vs Moneyview · All loan comparisons · Which loan app?
Disclosure: FundsTiger (Gatimaan Finance Advisors Pvt. Ltd.) is a loan marketplace and lending service provider for RBI-regulated lenders. Aparampaar Finance Pvt. Ltd. (Omozing), one of those lenders, is a related party of FundsTiger. FundsTiger is not affiliated with the app or lender on this page unless stated. This page is for information only and is not financial advice.