Bindaas is a lending service provider. These RBI-registered NBFCs sanction and disburse your loan, and their name is always on your agreement.
Bindaas is the platform that helps you find, compare and manage a loan. We do not lend our own money. Every loan is sanctioned and disbursed by one of the RBI-registered NBFC partners below. Your Key Fact Statement and your agreement always name the exact lender funding you.
| Partner | Type & CoR | Registered office | Products via Bindaas | Grievance officer |
|---|---|---|---|---|
| Meru Finance Pvt. Ltd. | NBFC, RBI CoR N-13.02281 | Lower Parel, Mumbai 400013 | Personal, medical emergency | Arvind Kelkar, gro@merufinance.in, +91 22 4890 1122 |
| Kaveri Capital Ltd. | NBFC, RBI CoR N-02.01147 | Indiranagar, Bengaluru 560038 | Personal, education & upskilling | S. Lakshmi, grievance@kavericapital.in, +91 80 2559 0044 |
| Suvarna Credit Ltd. | NBFC, RBI CoR N-09.00873 | Banjara Hills, Hyderabad 500034 | EV & two-wheeler | Ravi Teja Rao, gro@suvarnacredit.in, +91 40 6720 8811 |
| Palkhi Finserv Pvt. Ltd. | NBFC, RBI CoR N-13.03412 | Baner, Pune 411045 | Personal, EV & two-wheeler | Neha Kulkarni, grievance@palkhifinserv.in, +91 20 4870 3300 |
You always see the lender's name before you sign, both in the app and in your KFS.
You do not have to take our word for it. Every partner's CoR number can be checked on the RBI website, and you can report any concern about a lender on sachet.rbi.org.in.
Partner names, CoR numbers, offices and officers shown here are illustrative for this prototype.
You see which partner is offering before you sign, and you can decline and check again. We match you to the partner that fits your product and offers you the best available rate.
You repay your lender through the Bindaas app by the e-mandate you set up. The money and the reporting go to the NBFC that funded you.
The lending NBFC that sanctioned your loan, not Bindaas. Bindaas is the service provider, not the lender of record.
Your loan terms do not change. You keep repaying the same lender on the same schedule until the loan closes; only new loans would move to other partners.