Stay Safe from Fake Loan Apps: The Complete List of Illegal Loan Apps in 2023
Fake Loan App List: Stay Safe from Scams

In recent years, there has been a surge in the number of fake loan apps in India. These apps prey on people who require quick cash and promise easy and fast loans. However, these loans often come with high-interest rates and hidden fees. In some cases, borrowers have even been threatened or harassed by the app's operators.

The Reserve Bank of India (RBI) has banned over 600 fake loan apps in India. However, new apps are constantly being created, so it is important to be aware of the signs of a fake loan app.

Here are some tips to help you spot a fake loan app:

  • The app is not registered with the RBI.
  • The app has poor app ratings or reviews.
  • The app asks for personal information that is not necessary for a loan, such as your Aadhaar card number or PAN card number.
  • The app promises quick and easy loans with no paperwork.
  • The app charges high-interest rates or hidden fees.
  • The app threatens or harasses you if you do not repay the loan.

If you are considering taking out a loan from an app, be sure to do your research first. Check to see if the app is registered with the RBI and has a good app rating. Be wary of apps that promise quick and easy loans with no paperwork. And if you have any doubts, it is always best to consult with a financial advisor.

How to Avoid Fake Loan App Scams ?

Here are some tips to help you avoid fake loan app scams:

  • Only borrow money from regulated lenders. The Reserve Bank of India (RBI) has a list of regulated lenders on its website.
  • Be wary of apps that promise quick and easy loans with no paperwork. These apps are often scams.
  • Do not give out your personal information to any app that you are not familiar with. This includes your Aadhaar card number, PAN card number, or bank account details.
  • Be suspicious of any app that charges high-interest rates or hidden fees.
  • If you are unsure about an app, contact the RBI or a financial advisor.

What to Do If You Are a Victim of a Fake Loan App Scam

If you have been a victim of a fake loan app scam, there are a few things you can do:

  • Report the scam to the RBI. You can do this by filing a complaint on the RBI's website or by calling the RBI's helpline number.
  • Contact your bank and report the fraudulent transaction.
  • File a police complaint.
  • Take steps to protect your identity. This includes freezing your credit report and monitoring your credit report for any unauthorized activity.

Here are some additional tips to help you stay safe from fake loan apps:

  • Do your research. Before you apply for a loan, be sure to research the lender. Check the lender's website for information about its licensing and registration. You can also check the lender's ratings and reviews on consumer websites.
  • Be wary of apps that ask for personal information. Legitimate loan apps will only ask for the information that they need to process your loan application. If an app asks for more information than this, it may be a scam.
  • Don't pay any upfront fees. Legitimate loan apps don't charge any upfront fees. If an app asks you to pay a fee before you receive a loan, it's a scam.
  • Be suspicious of apps that promise quick and easy loans. If an app promises you a loan with no paperwork and no credit check, it's probably a scam.
  • If you're not sure, don't apply. If you're not sure whether an app is legitimate, don't apply for a loan. It's better to be safe than sorry.

Fake Loan Apps List in India

If you are considering taking out a loan from an app, be sure to do your research first. Check to see if the app is registered with the RBI and has a good app rating. Be wary of apps that promise quick and easy loans with no paperwork. And if you have any doubts, it is always best to consult with a financial advisor.

Here is a list of fake loan apps that have been banned by the RBI:












SR. NO.

FAKE LOAN APP NAME

SR. NO.

FAKE LOAN APP NAME

1

Agile Loan app

81

Easy credit

2

Aladdin Lamp

82

Easy Credit Loan App

3

Angel Loan

83

Easy loan

4

Apna Paisa

84

EasyCash Loan

5

Apple cash

85

Easy Rp

6

Ariaeko Lone

86

Elephant Cash

7

Asan Loan

87

Es Loan

8

ATD lone

88

Eulavt App

9

Balance lone

89

Express loan

10

Basket loan

90

Express Loan

11

Bellono Loan

91

Fash rupee

12

Bellono Loan App

92

Fast cash

13

Best Paisa

93

Fast coin

14

Betwinner betting

94

Fast Paisa

15

Bharat Cash

95

Fast cash

16

Bright Cash

96

Fast Rupee Loan App

17

Bright money

97

Fast Rupee

18

Buddy Loan

98

Fexli Loan

19

Bus rupee

99

First Cash

20

Bharat Cash App

100

Flash Loan App

21

Clear Loan

101

Flash Loan Mobile

22

Cash Advance

102

Flash rupee

23

Cash Advance

103

Flip cash

24

Cash Advance Attach

104

For Pay

25

Cash Advance T1

105

Forpay app

26

Cash advance

106

Fortress Loan App

27

Cash Book

107

fortune now

28

cash bowl

108

fresh loan

29

Cash Carry App

109

Fri Loan

30

Cash Cola

110

Funny happen

31

Cash colla

111

Get Cash

32

Cash cow App

112

Gold Cash

33

Cash Cow

113

Gold loan app

34

Cash Credit

114

Gold Sea

35

Cash curry

115

Goldcash

36

Cash fish

116

Goldman Payback

37

Cash go

117

Guru loan app

38

Cash Guru App

118

Hand Cash

39

Cash magic

119

Hand Cash Friendly Loan

40

Cash Hole

120

Handey Loan

41

Cash host Loan App

121

Handy loan

42

Cash Host

122

Hello Box

43

cash machine

123

Hello Rupee

44

Cash Machine Loan

124

Hi Credit App

45

Cash magic

125

Holiday Mobile Loan

46

Cash manager

126

Honey Loan

47

Cash Manager

127

Honey Loan App

48

Cash Mine

128

Holiday Mobile

49

Cash Papa

129

Hoo Cash

50

Cash Park Loan App

130

Hu cash

51

Cash park

131

I Credit

52

Cash Park Loan

132

I karza

53

Cash Pocket

133

Income loan

54

cash pocket live Cash

134

Income OK

55

Cash Samosa

135

IND loan

56

cash star miniso rupee

136

India AI Credit Cash Loan

57

Cash Station

137

Infinity Cash

58

Cashcarry Loan App

138

Insta Loan

59

Cashcom

139

Insta money

60

Cashpal

140

Jo Cash

61

Clear Loan

141

Just paise Loan App

62

Coin Rupee

142

Just money

63

Crazy Cash

143

Kash loan

64

Credit buzz

144

Koko cash

65

Credit Loan

145

Koko Loan

66

Crystal Loan

146

koko loan

67

Credit Pearl

147

Lend Mall

68

credit wallet

148

Link Money

69

Crystal Loan

149

Live Cash Loan App

70

Daily Loan

150

Live Cash

71

Dhan Pal

151

Loan Cube

72

Discover Loan App

152

loan cube

73

Dream loan

153

Loan dream App

74

DuttaRuppes

154

Loan Dream

75

E Paisa

155

Loan fortune

76

Eagle cash loan App

156

Loan Fortune

77

Early Credit App

157

Loan Home Small

78

Easy Barrow Loan App

158

loan loji

79

Easy Borrow Cash loan

159

Loan Resource(disi)

80

Easy brave

160

Loan Sathi











Sr. No.

FAKE LOAN APP NAME

Sr. No.

FAKE LOAN APP NAME

161

Loanzone

241

Rupeek buzz

162

Lucky Loan App

242

Rupeek cash

163

Lucky Wallet

243

Rupeek fenta

164

M pocket

244

Rupeeking

165

MagicCash Loan App

245

Rupeeok

166

Magic Money

246

Rupeeplus

167

Magicc Loan

247

Rupeeredee Loan App

168

Mama Loan

248

Rupeestar

169

Magicc Loan App

249

Rupiya bus

170

Marvel cash

250

Rupiya company

171

Marwel Loan Baba

251

Rush Loan

172

Matero Finance

252

Samay Rupee

173

May Loan

253

Sharp corn

174

Mi Rupe

254

Sharp Loan

175

Minute Loan App

255

Simple Loan App

176

Minute cash

256

Shuttle Loan

177

Minutes In Cash

257

Silver Pocket

178

Mo Cash

258

Simple Loan

179

Mobikquick

259

Sky Loan

180

Mobile cash

260

Slice pay

181

Monday money app

261

Small Loan

182

Money box

262

Small Cash Loan App

183

Money Ladder

263

SmalLoan App

184

Money lander

264

Smart Coin

185

Money Master

265

star loan

186

Money Master App

266

Store Loan

187

Money muthual

267

Sun cash

188

Money pocket

268

SUN CASH

189

money stand pro

269

Sunny loan

190

Money standup

270

Time loan

191

Money tree

271

Top Cash

192

money stand pro App

272

tree lone

193

Money View App

273

Tyto Cash

194

Monney Tank

274

Unit Cash

195

More cash

275

UPA Loan

196

More Cash App

276

UPO Loancom

197

More Loan

277

Voice loan

198

My Cash Loan

278

Volcano Loan

199

My Kredit

279

Wallaby App

200

Name of app

280

Wallet Payee

201

Ob cash loan

281

Apna Paisa

202

ob cash loan App

282

Walletpro

203

Ok Rupee Loan App

283

Warn Rupee

204

One Loan Cash Any Time

284

Wen Credit

205

One loan easy loan

285

Wow Rupee

206

Onstream

286

Yes Cash

207

Orange Loan

287

Yes Rupees

208

Orange Loan

288

Zo zo Cash

209

Paisawala

289

Cash port

210

Personal Loan App

290

Alp cash

211

Phone pay

291

Angel Loan

212

Pillai Loan

292

Apna Paisa

213

Plump Wallet

293

Asana Loan

214

pocket bank

294

Cash Curry

215

Pokemoney

295

Cash era

216

PradhanmantriYojna Loan

296

Cash lion

217

Pub cash

297

Cash Star Miniso Rupee

218

Quality cash

298

Cashon

219

Quality Cash Loan App

299

Coco cash

220

Quick Loan App

300

Credit finch

221

Rapid

301

Dhani

222

Rainbow Loan

302

Early Credit App

223

Rapid Paisa

303

Elephant loan

224

Reliable Rupee Cash

304

Eye Credit

225

rich cash

305

Fast Paisa

226

Rich Loan Go

306

Fast Rupee

227

Rocket Loan

307

First Cash

228

Royal able rupee cash

308

Flash Loan Mobile

229

Royal cash

309

Go cash

230

Rupee Box

310

Hand Cash

231

Rupee Loan

311

Ind Loan

232

Rupee Cash Loan

312

Insta Loan

233

Rupee Magic

313

Insta Money

234

Rupee mall

314

Lend Mall

235

Rupee Online

315

Live Cash

236

Rupee Papa

316

Loan Resource (DIC)

237

Rupee pocket

317

Loan tap

238

Rupee salam

318

Loan zone

239

Rupee smart

319

Loanzone

240

Rupee Star

320

Micredit









Conclusion

Fake loan apps are a serious problem in India. By being aware of the signs of a fake loan app and taking steps to protect yourself, you can avoid becoming a victim of a scam.


Q.1 Is Hero rupee loan app real or fake?

Ans : Hero Rupee, This application is a Fraud loan provider for Indian people, my humble request is for you please uninstall the app fast and faster.

Q.2 Is Buddy Cash RBI approved?

Ans : Buddy Loan is a personal loan aggregator platform partnered with various NBFC lending partners which are RBI registered.

Q.3 Is CashBean app banned?

Ans : RBI Cancels Registration Of Chinese-Owned Lending App Cashbean.

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