Who issues your loan, who verifies your identity, and who moves the money.
AdvanceRupay, a brand of MD Finlabs Private Limited, is a technology and sourcing platform operating as a Lending Service Provider. Every loan is sanctioned and disbursed by Salora Capital Limited, an RBI-registered NBFC (CIN U72900MH1999PLC122849), whose name appears on your Key Fact Statement and loan agreement. Salora Capital Limited is the lender of record, holds the loan on its books, and carries the regulatory obligations that go with it.
Identity and income verification runs through licensed providers: PAN verification against NSDL, Aadhaar KYC through DigiLocker, liveness and face match, credit bureau reports, and bank-statement analysis through the RBI's Account Aggregator framework.
Disbursal and repayment move through regulated payment rails and a licensed gateway. Repayment is only ever collected into a designated account, never in cash and never to an individual.
Partners receive only the specific data their function requires. We do not pass your information to lead aggregators, marketing networks or unrelated lenders.
No documentation, disbursal to your own bank account, and every charge disclosed in your Key Fact Statement before you accept.