Reserve Bank of India (RBI) Guidelines

Prism Cosmic Private Limited (operating as Aapka Credit) acts strictly as a Loan Service Provider (LSP) and Digital Lending App (DLA) under the guidelines issued by the Reserve Bank of India (RBI) on Digital Lending. We do not lend our own funds but facilitate loans on behalf of our regulated lending partners (Banks and NBFCs).

Fair Practices Code

We strictly adhere to the Fair Practices Code formulated by the RBI. We ensure complete transparency regarding interest rates, processing fees, and all terms and conditions of the loan before any agreement is signed by the customer.

Data Protection and Security

In compliance with the Information Technology Act, 2000 and the RBI's data localization mandates, all customer data is stored securely on servers located within India. We employ industry-standard encryption protocols (256-bit AES) to protect data both in transit and at rest.

List of Lending Partners

As per regulatory requirements, we maintain and display an updated list of all our Bank and NBFC partners. If you wish to view the complete list, please visit our 'Partners' section or contact our support team.