Chinmay is a digital personal-loan brand of Chinmay Finlease Limited, an RBI-registered NBFC that lends directly.
Decide based on your real situation, not on how fast the loan is approved.
Loan amounts of Rs 10,000 to Rs 5,00,000 with tenure of 6 to 12 months — suits a mid-size expense.
Rate of 28% to 36.5% per annum is on the pricier side versus a bank loan.
Minimum tenure is 6 months, so it's not for a very quick, short-term need.
Chinmay Finlease Limited is the legal name behind the Chinmay brand, incorporated on 11 December 1996 and now presenting digital personal loan and Loan Against Mutual Funds products. The company claims RBI NBFC Registration No. B.01.00558, which should be confirmed in official RBI records. Treat this as an NBFC lender and app-publisher flow in which Chinmay Finlease Limited is the lender of record, rather than a marketplace, unless your Key Fact Statement or loan agreement names a different regulated lender — and check that the Apple App Store developer shows Chinmay Finlease Limited. RBI registration of the lender is not RBI approval of every app link, APK, advertisement or customer-care number. The FAQs below cover those checks, the published product ranges, and how to reach support or report a problem.
- Loans issued directly by Chinmay Finlease Limited (RBI CoR B.01.00558)
- Maximum APR of 60% published
- Rated 4.3 on Google Play from 21,454 reviews
Accepted answer
Condition: Verify RBI NBFC registration B.01.00558 and matching lender documents.
Benefit: Offers digital personal loans and Loan Against Mutual Funds.
Characteristic: Linked to Chinmay Finlease Limited, not necessarily every ad link.
Differentiator: Net disbursal, APR and fees must match the KFS.
