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Olyv Review

Smartcoin Financials Pvt Ltd + Upmove Capital Pvt Ltd (own NBFCs)

Lightrock-backed; serves underserved segments

Reviewed by
SahiSujhav editorial — Independent borrower-side review
Last verified
2026-05-16
Right of reply
Olyv invited to respond on 2026-05-16. Status: pending
Indicative APR upto
Upto 80%
Indicative processing fee upto
Upto 5%
Tenure
1–3 months
Ticket size
₹1,000–₹50,000
4.4 / 5
SahiSujhav editorial rating

Red flags

  • •Reported APR exceeds 100% — predatory range
  • •Verify NBFC partner directly with RBI before applying

Green flags

No clear green flags noted.

Permissions demanded

Data practices

Not independently audited. Confirm permissions and data-sharing in the app before installing.

Recovery practices

Recovery practices not independently verified. If you face harassment, file an RBI Sachet complaint.

Sources & references

Last reviewed: 2026-05-16

Grievance & support

Contact details published by the lender. If unresolved within 30 days, escalate via RBI Sachet.

Disclaimer: Reviews are independent editorial assessments based on publicly available information and user-submitted complaints. APR ranges and fees can change — always check the lender's Key Fact Statement before borrowing. Not financial or legal advice.

Next step with Olyv

Headline rates hide fees. Run your actual offer through our free tools before you accept anything.

Check your real APR →Fees + GST + tenure, computed the RBI way.Safer alternatives to Olyv →Lower-APR, RBI-regulated options.Escape the Payday loan trap →Guided plan to get out of a high-APR loan.Fix your CIBIL score →Diagnose, dispute, rebuild in 4 stages.

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Frequently asked questions about Olyv

Is Olyv RBI-registered?

Olyv is operated by Smartcoin Financials Pvt Ltd + Upmove Capital Pvt Ltd (own NBFCs). Its RBI status: RBI-regulated NBFC. Always verify the parent lender directly on the RBI NBFC list before borrowing.

What is the real APR on Olyv ?

Olyv charges an APR between 80% and 80% per annum with a processing fee of up to 5%. After fees and GST, the effective APR on short tenures can be significantly higher than the headline rate.

Is Olyv safe to use?

Lightrock-backed; serves underserved segments Permissions demanded: not disclosed. Recovery practices: Recovery practices not independently verified. If you face harassment, file an RBI Sachet complaint..

What loan amount and tenure does Olyv offer?

Ticket size ranges from ₹1,000 to ₹50,000, with tenure between 1 and 3 months.

How do I close my Olyv loan early?

Open the app, request a foreclosure quote in writing, and pay the principal + accrued interest. Demand the No Dues Certificate (NDC) within 7 working days — RBI mandates it. If Olyv refuses or harasses you, file a complaint on the RBI Sachet portal.