Is IndyLend legally registered to operate?

This requires immediate investigation on your part. Based on market standards, legitimate financial entities like IndiaLends publicly announce their regulatory status, including NBFC licenses and partnerships with banks like HDFC and SBI . For IndyLend:

• Check the Play Store: If the app is not on the official Google Play Store or Apple App Store, it is 100% illegal and likely malware.
• Borrower Rights Above All: Even if they are registered, they must follow Fair Practice Codes. If they use abusive language or share your data, they have breached your privacy rights.
• The Reality: If you cannot find their "NBFC Registration Number" in the app's "About Us" section, they are flying blind. Do not pay arbitrary "late fees" demanded by unregistered entities, as they cannot sue you for that amount legally.