PhonePe Lending Services — Digital Lending Partnerships & Profile
PhonePe Lending Services Private Limited. Fintech LSP in India's digital lending ecosystem, with 6 tracked regulated lending partners.
Snapshot
Reading the data
In India's digital lending stack, PhonePe Lending Services operates as a fintech lending service provider (LSP). Our Market Map tracks 6 regulated lending partners for PhonePe Lending Services, including DSP Finance, IDFC First Bank and Muthoot FinCorp. Product focus: personal loans, business/MSME loans, credit cards across tickets of ₹50K–₹5L and tenures of 3–36 months. Worth knowing: Consumer app: PL 6-36mo max APR 30.39%. Merchant app: 50K-5L 3-30mo max 30% flat. 7 additional lending partners found across both apps.
Products
Regulated lending partners
| RE / Lender partner | DLA / App | Available on |
|---|---|---|
| DSP Finance | PhonePe: UPI, Payments, Recharge | Appstore - PhonePe: UPI, Payments, Recharge |
| IDFC First Bank | PhonePe | Apple app store |
| Muthoot FinCorp | Digital lending pages of PhonePe Lending on PhonePe Business: Merchant App | 1. Google Play Store 2. Apple App Store 3. Indus App Store |
| Shriram Finance | Digital lending pages of PhonePe Lending on PhonePe Business: Merchant App | Google Play Store, Apple App Store, Indus App Store |
| Shriram Finance | PhonePe Website | Website |
| SMFG India Credit | Digital lending pages of PhonePe Lending on PhonePe Business: Merchant App | Apple's app store |
Frequently asked questions
Who are PhonePe Lending Services's digital lending partners?
PhonePe Lending Services has 6 regulated lending partners (REs) tracked in the RBI digital lending registry, including DSP Finance, IDFC First Bank, Muthoot FinCorp, Shriram Finance.
What products does PhonePe Lending Services offer through digital lending?
PhonePe Lending Services is active in personal loans, business/MSME loans, credit cards, with ticket sizes from ₹50K to ₹5L.
How do I evaluate PhonePe Lending Services as a lending partner?
Run your product type, rate band, and ticket size through our Partner Finder to see whether PhonePe Lending Services fits your model, and compare alternatives on the Market Map.
Does PhonePe Lending Services fit your lending model?
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Primary source type: App/Secondary. Data confidence: High. Batch F3. Updated June 2026.
Data on this page is collated from public sources — the RBI Digital Lending App registry, rating agency rationales, and company disclosures — on a best-effort basis. Figures may be estimates (proxies are labelled), may be out of date, and may contain errors. Digital Lending.In makes no warranty of accuracy or completeness and accepts no liability for decisions made on this information. Nothing here is investment, legal, or partnership advice, or a recommendation of any institution. Verify independently before acting.