Built on India's regulated lending stack.
Credlyne is a Lending Service Provider (LSP) operating under the RBI's Digital Lending Guidelines, 2022. All loans are originated by partner NBFCs registered with the Reserve Bank of India.
RBI Digital Lending Guidelines, 2022
End-to-end disclosure, Key Fact Statement (KFS) at offer time, mandatory cooling-off period, all repayments routed to lender's bank account.
NBFC partnership model
All credit booked on the regulated lender's balance sheet. No FLDG arrangements that violate the Sept 2022 working group recommendations.
DPDP Act 2023 alignment
Purpose-limited consent collection, data minimization, right to erasure, breach notification protocols, India-resident data storage.
Account Aggregator framework
Bank statements pulled only via consent through SEBI/RBI-licensed AAs (Setu, Perfios, Finvu, Anumati).
CKYC + Aadhaar eKYC
DigiLocker, Hyperverge, and Digio integrations for video-KYC and CKYC sync as per UIDAI / RBI norms.
Grievance redressal
30-day SLA per RBI norms, designated nodal officer, escalation to RBI Ombudsman published on every Key Fact Statement.