NBFCs Allowed to Accept Public Deposits

Before you put money in an NBFC deposit: deposits with NBFCs are not insured by DICGC (bank deposits are, up to ₹5 lakh); check the company's credit rating; and pay only into the company's own account, never to an agent.

How to check a loan app or lender in 4 steps

1. Find the lender's legal name in the app's loan agreement, Key Fact Statement or website (not just the app's brand name).
2. Search that name here, or in RBI's NBFC list, and match the address and CIN.
3. Look the app up in RBI's directory of Digital Lending Apps (rbi.org.in, Citizen's Corner), where banks and NBFCs list the apps they use.
4. Never pay a fee before the loan, and never share an OTP. Report an unregistered lender on RBI's Sachet portal, and fraud on 1930 or cybercrime.gov.in.

Full guide: how to check if a loan app is RBI registered · Sachet

Source: Reserve Bank of India, lists of NBFCs and ARCs registered with RBI and of NBFCs whose Certificate of Registration was cancelled, as on 30 September 2026. RBI updates the lists every month; check RBI's own list for the latest status. Oxon Fintech is a loan platform, not part of RBI, and is not connected with the companies listed here unless it says so. RBI's NBFC lists