Official Regulatory Disclosures

Partner Bank Disclosures & Statutory Details

Pursuant to RBI Fair Practice Codes & Digital Lending Guidelines

1. Entity Identity & Platform Status

Eligify is a technology Neo Banking platform owned and operated by Techlift Digital, a registered company headquartered at No. 51/25, Netta Muthiyalkhan Street, Ayanavaram, Chennai - 600023, Tamil Nadu, India.

Non-Banking Entity Notice:

Eligify is not a bank or Non-Banking Financial Company (NBFC). Eligify acts solely as a technological facilitator enabling users to access digital financial products provided by licensed financial partners.

2. Partner Financial Institutions

Underlying banking products and credit facilities offered via Eligify are originated, underwritten, and serviced directly by partner institutions:

Savings & Deposit Partners

RBI-Licensed Scheduled Commercial Partner Banks

Credit Lines & Card Underwriters

RBI-Registered Non-Banking Financial Companies (NBFCs)

3. Rate & Interest Disclosures

  • Savings Interest Yields: Up to 7.50% p.a. daily compounding on qualified balance tiers.
  • Virtual RuPay Credit Cashback: Up to 1% instant cashback on merchant UPI transactions.
  • Commercial Lines: Pre-approved credit lines up to ₹1 Crore subject to partner NBFC credit evaluation.

4. Nodal Nodal Grievance Contact

For statutory escalations regarding digital lending guidelines or partner bank services:

Techlift Digital Grievance Cell

Email: contact@eligify.in

Phone: +91 4431336626 / +91 6380755788