514 Fake loan app list you should avoid at any cost 2024

These apps are often disguised as legitimate loan apps, but they are actually scams. They will lure you in with promises of quick and easy loans, but they will then charge you exorbitant interest rates and fees. They may also use aggressive and threatening tactics to collect their debts. Fake loan app list in India

Fake loan app list in India: Personal loan online lending has become a convenient option for people who are looking to borrow instant funds. However, with increasing demand, there has been a surge in the number of loan apps and along with the fake loan apps disguised as a legitimate lending platform. Fake loan apps are also go by the name 7 days loan app, these 7 day loan apps cheat people by luring them with instant loans.

These online loan app affirm to give you a personal loan instantly without any paperwork or other kinds of verification.

This offering is so lucrative that people easily get fooled and give away all of their personal and financial information. Without verification, they blindly take loans from these apps, leading to many troubles in their life.

With this article, you may learn about the apps that the RBI has outlawed. Here you’ll find an updated Fake Loan App List 2024, so that you are aware of fake loan apps, genuine or fake, prior to submitting an application for a loan.

What are Fake Loan Apps?

Fake loan apps are fraudulent mobile applications that pose as legitimate loan providers but actually steal personal and financial information or trick users into paying upfront fees for loans that will never be provided.

How fake loan apps operate?

Fake lending applications frequently work by promising quick loans or enticing loan terms to get users to download the app by:

  • Requesting personal and financial information—such as bank account or credit card numbers—under the guise of a loan application process to exploit the data for unauthorized transactions or identity theft.
  • Requesting advance payments while making false claims concerning loan distribution under the guise of processing or guarantee fees.
  • Disappear or become inaccessible after collecting the funds.
  • They often change their names, domains, and appearance to escape detection.

Fake Loan App List in India

Fake digital lending apps that cheat gullible customers out of their hard-earned money are a growing concern in India. A “Whitelist” of applications that can be advertised on the Google Play store or the Apple App Store is currently being compiled by the Reserve Bank of India (RBI).

Users often share their banking and KYC information with these platforms after downloading fraudulent apps. They think they are legitimate because they are listed on Google or Apple’s app stores. As a result, money is automatically taken out of their accounts, or the customer is put under psychological pressure through extortion. You should be careful with such apps.

We are giving information about the Fake Loan App List that the Reserve Bank of India banned.

SR. NO. Fake Loan App List SR. NO. Fake Loan App List
1 Agile Loan app 258 Easy credit
2 Aladdin Lamp 259 Easy Credit Loan App
3 Angel Loan 260 Easy loan
4 Apna Paisa 261 EasyCash Loan
5 Apple cash 262 Easy Rp
6 Ariaeko Lone 263 Elephant Cash
7 Asan Loan 264 Es Loan
8 ATD lone 265 Eulavt App
9 Balance lone 266 Express loan
10 Basket loan 267 Express Loan
11 Bellono Loan 268 Fash rupee
12 Bellono Loan App 269 Fast cash
13 Best Paisa 270 Fast coin
14 Betwinner betting 271 Fast Paisa
15 Bharat Cash 272 Fast cash
16 Bright Cash 273 Fast rupee Loan App
17 Bright money 274 Fast Rupee
18 Buddy Loan 275 Fexli Loan
19 Bus rupee 276 First Cash
20 Bharat Cash App 277 Flash Loan App
21 Clear Loan 278 Flash Loan Mobile
22 Cash Advance 279 Flash rupee
23 Cash Advance 280 Flip cash
24 Cash Advance Atach 281 For Pay
25 Cash Advance T1 282 Forpay app
26 Cash advance 283 Fortress Loan App
27 Cash Book 284 fortune now
28 cash bowl 285 fresh loan
29 Cash Carry App 286 Fri Loan
30 Cash Cola 287 Funny happen
31 Cash colla 288 Get Cash
32 Cash cow App 289 Gold Cash
33 Cash Cow 290 Gold loan app
34 Cash Credit 291 Gold Sea
35 Cash curry 292 Goldcash
36 Cash fish 293 Goldman Payback
37 Cash go 294 guru loan app
38 Cash Guru App 295 Hand Cash
39 Cash magic 296 Hand Cash Friendly Loan
40 Cash Hole 297 Handey Loan
41 Cash host Loan App 298 Handy loan
42 Cash Host 299 Hello Box
43 cash machine 300 Hello Rupee
44 Cash Machine Loan 301 Hi Credit App
45 Cash magic 302 Holiday Mobile Loan
46 Cash manager 303 Honey Loan
47 Cash Manager 304 Honey Loan App
48 Cash Mine 305 Holiday Mobile
49 Cash Papa 306 Hoo Cash
50 Cash Park Loan App 307 Hu cash
51 Cash park 308 I Credit
52 Cash Park Loan 309 I karza
53 Cash Pocket 310 Income loan
54 cash pocket live Cash 311 Income OK
55 Cash Samosa 312 IND loan
56 cash star miniso rupee 313 India AI Credit Cash Loan
57 Cash Station 314 Infinity Cash
58 Cashcarry Loan App 315 Insta Loan
59 Cashcom 316 Insta money
60 cashpal 317 Jo Cash
61 Clear Loan 318 Just paise Loan App
62 Coin Rupee 319 Just money
63 Crazy Cash 320 Kash loan
64 Credit buzz 321 Koko cash
65 Credit Loan 322 Koko Loan
66 Crystal Loan 323 koko loan
67 Credit Pearl 324 Lend Mall
68 credit wallet 325 Link Money
69 Crystal Loan 326 Live Cash Loan App
70 Daily Loan 327 Live Cash
71 Dhan Pal 328 Loan Cube
72 Discover Loan App 329 loan cube
73 Dream loan 330 Loan dream Ap[
74 DuttaRuppes 331 Loan Dream
75 E Paisa 332 Loan fortune
76 Eagle cash loan App 333 Loan Fortune
77 Early Credit App 334 Loan Home Small
78 Easy Barrow Loan App 335 loan loji
79 Easy Borrow Cash loan 336 Loan Resource(disi)
80 Easy brave 337 Loan Sathi
81 Loanzone 338 Rupeek buzz
82 Lucky Loan App 339 Rupeek cash
83 Lucky Wallet 340 Rupeek fenta
84 M pocket 341 Rupeeking
85 MagicCash Loan App 342 Rupeeok
86 Magic Money 343 Rupeeplus
87 Magicc Loan 344 Rupeeredee Loan App
88 Mama Loan 345 Rupeestar
89 Magicc Loan App 346 Rupiya bus
90 Marvel cash 347 Rupiya company
91 Marwel Loan Baba 348 Rush Loan
92 Matero Finance 349 Samay Rupee
93 May Loan 350 Sharp corn
94 Mi Rupe 351 Sharp Loan
95 Minute Loan App 352 Simple Loan App
96 Minute cash 353 Shuttle Loan
97 Minutes In Cash 354 Silver Pocket
98 Mo Cash 355 Simple Loan
99 Mobikquick 356 Sky Loan
100 Mobile cash 357 Slice pay
101 Monday money app 358 Small Loan
102 Money box 359 Small Cash Loan App
103 Money Ladder 360 SmalLoan App
104 Money lander 361 Smart Coin
105 Money Master 362 star loan
106 Money Master App 363 Store Loan
107 Money muthual 364 Sun cash
108 Money pocket 365 SUN CASH
109 money stand pro 366 Sunny loan
110 Money standup 367 Time loan
111 Money tree 368 Top Cash
112 money stand pro App 369 tree lone
113 Money View App 370 Tyto Cash
114 Monney Tank 371 Unit Cash
115 More cash 372 UPA Loan
116 More Cash App 373 UPO Loancom
117 More Loan 374 Voice loan
118 My Cash Loan 375 Volcano Loan
119 My Kredit 376 Wallaby App
120 Name of app 377 Wallet Payee
121 Ob cash loan 378 Apna Paisa
122 ob cash loan App 379 Walletpro
123 Ok Rupee Loan App 380 Warn Rupee
124 One Loan Cash Any Time 381 Wen Credit
125 One loan easy loan 382 Wow Rupee
126 onstream 383 Yes Cash
127 Orange Loan 384 Yes Rupees
128 Orange Loan 385 Zo zo Cash
129 Paisawala 386 Cash port
130 Personal Loan App 387 Alp cash
131 Phone pay 388 Angel Loan
132 Pillai Loan 389 Apna Paisa
133 Plump Wallet 390 Asana Loan
134 pocket bank 391 Cash Curry
135 Pokemoney 392 Cash era
136 PradhanmantriYojna Loan 393 Cash lion
137 Pub cash 394 Cash Star Miniso Rupee
138 Quality cash 395 Cashon
139 Quality Cash Loan App 396 Coco cash
140 Quick Loan App 397 Credit finch
141 Rapid 398 Dhani
142 Rainbow Loan 399 Early Credit App
143 Rapid Paisa 400 Elephant loan
144 Reliable Rupee Cash 401 Eye Credit
145 rich cash 402 Fast Paisa
146 Rich Loan Go 403 Fast Rupee
147 Rocket Loan 404 First Cash
148 Royal able rupee cash 405 Flash Loan Mobile
149 Royal cash 406 Go cash
150 Rupee Box 407 Hand Cash
151 Rupee Loan 408 Ind Loan
152 Rupee Cash Loan 409 Insta Loan
153 Rupee Magic 410 Insta Money
154 Rupee mall 411 Lend Mall
155 Rupee Online 412 Live Cash
156 Rupee Papa 413 Loan Resource (DIC)
157 Rupee pocket 414 Loan tap
158 Rupee salam 415 Loan zone
159 Rupee smart 416 Loanzone
160 Rupee Star 417 Micredit
161 My Cash Loan 418 Cash Cola
162 Onstream 419 Cash Carry Loan App
163 Plump Wallet 420 Cash App
164 Quick cash 421 Cash Cola
165 Rich Cash 422 Cash colla Loan
166 Rupee Magic 423 Cash cow
167 Rupee pus 424 Cash Guru App
168 RupeePlus 425 Cash Credit
169 Rupees plus 426 Cash curry
170 Samay Rupee 427 Cash fish
171 Small Loan 428 Cash go
172 Smile loan 429 CashCow Loan App
173 Star Loan 430 Cash Cow
174 Tap credit 431 Cash Guru App
175 Wow Rupee 432 Cash Hole
176 66 cash 433 Cash Hole Loan
177 66 Cash App 434 Cash host
178 Agile Loan app 435 Cash Host Application
179 Agile Cash App 436 Cash Light
180 Aladdin Lamp 437 cash machine
181 Angel Loan 438 Bharat Cash
182 Ant cash 439 Coin Rupee
183 Apna Paisa Cash 440 Cash Machine Loan
184 Apna Paisa 441 Cash Machine
185 Apple cash 442 Cash magic
186 Arak Loan 443 Cash Papa
187 Ariaeko Lone 444 Cash Manager
188 Asan Credit 445 Cash park
189 Asan Loan 446 Cash Mine
190 Asan Loan App 447 Cash Papa
191 Asan Loan 448 Cash manager
192 ATD Loan 449 Cash Park
193 ATD lone App 450 Cash Mine
194 Balance Loan 451 Cash Park Loan App
195 Balance lone 452 Cash Park Loan
196 Basket loan 453 CashPark Loan App
197 Bellono Loan 454 Cash Pocket Live Cash
198 Bellono Loan App 455 Cash Pocket
199 Bellono App 456 Cash pocket
200 Beloan App 457 Cash Pocket Loan App
201 Belono Loan 458 cash pocket App
202 Best Paisa 459 Cash Pocket Live Cash
203 Best Paisa Loan App 460 Cash room
204 Betwinner betting 461 Cash Samosa
205 BetWinner LOan 462 cash star miniso rupee
206 Bharat Cash 463 Cash Station
207 Cash Machine Loan 464 Cash today
208 Bharat Cash 465 CashcarryApp
209 Bright Cash 466 CashCarry Loan App
210 Bright money 467 Cashcom
211 Bud Loan 468 cashpal
212 Buddy Loan 469 Clear Loan App
213 Bus rupee 470 Chhota Loan
214 Bus Rupee 471 Cashpal
215 cash 472 Clear Loan
216 Cash Advance 473 Coco Loan
217 Cash Loan App 474 Cashcom App
218 Cash Advance Loan App 475 Cash Machine Loan
219 Cash Advance Atach 476 Income Value
220 Cash Advance T1 477 Joe Cash
221 Cash advance 478 Loan Saathi
222 Cash Advance App 479 Tree Loan
223 Cash Book Loan Application 480 Money Master
224 Cash Book 481 Silver Pocket
225 Cash Personal loan App 482 Loan Home Small
226 cash bowl 483 Who Cash
227 Cash Bowl Loan App 484 Forpay app
228 Cash Carry Loan Application 485 Rainbow Loan
229 Cash Carry App 486 Brightmoney
230 Cash Cash App 487 Cashmagic
231 guruloanapp 488 Cashhost
232 Paisawala 489 Goldcash
233 Easybrave 490 Mobilecash
234 Moneystandup 491 Easycredit
235 Goldloanapp 492 Moneytree
236 Cashgo 493 Loanfortune
237 Funnyhappen 494 Rupeesmart
238 Moneytree 495 Flashrupee
239 Loanfortune 496 ZozoCash
240 Rupeesmart 497 CashPark
241 Flashrupee 498 LiveCash
242 ZozoCash 499 Cashmagic
243 CashPark 500 Suncash
244 LiveCash 501 Incomeloan
245 Suncash 502 UnitCash
246 Incomeloan 503 BrightCash
247 UnitCash 504 Magicmoney
248 Moneylander 505 Sunnyloan
249 Brightmoney 506 Royalcash
250 Easybrave 507 Sharpcorn
251 Moneystandup 508 Marvelcash
252 Goldloanapp 509 Mobikquick
253 Cashgo 510 Cashfish
254 Funnyhappen 511 Paisawala
255 IndiaAICreditCashLoan 512 Voiceloan
256 StoreLoan 513 guruloanapp
257 MateroFinance 514 Rupeekbuzz

 

How to Identify a Fake Loan App?

A fake loan app will have the following attributes that you can identify it from:

  1. Unusually high-interest rates or unrealistic loan terms.
  2. Requests for sensitive information, such as Aadhar number or full bank account access.
  3. Upfront fees or hidden costs.
  4. Poorly designed or unprofessional app interface.
  5. Lack of contact information or vague information about the lender.
  6. No physical address or limited information about the company.
  7. Requests for immediate payment or transfer of funds.
  8. Requests for remote access to your device.
  9. No clear policies or terms and conditions.
  10. No clear information about loan repayment and interest rates.

Tips to avoid falling prey to fake loan apps: Avoid Fraudulent Loan Scams in India

If you wish to borrow money from a trusted app and prevent getting conned, pay attention to the warning signs below and make a wise choice. We want to provide you the insight you need to make informed financial decisions. This will help you stay immune to any potential personal loan/business loan troubles. So, whether you need a personal loan or just want to learn more, this information is for you.

1. Get details about the lender

Is the brand mainstream? Is this a trustworthy brand? Has anyone else checked about this lender? Before trusting any apps, you must know the answers to these queries. Only trust well-known companies to ensure the legitimacy of transactions.

2. Check the developer section on the App store

Inspect the developer section to see if an app on the Appstore or Play Store is fake. Almost often, a company website should be listed. If there isn’t, it leads to a major issue. Many fake loan applications for Android or iPhone do not have a website. On occasion, they could include a fake website on their list. Stay away, Do not download these applications.

3. See if the lender’s website is secure

The applications routinely warn users when they visit a URL that might not be safe. A secure website’s URL is always preceded by the prefix https://.This shields your data from cybercriminals.

4. Ensure the lender cares for your credit history

A reputable lender will initially inquire about your payment history. It acts as the basis for determining your ability to repay the loan. It affects the chance that your loan application will be granted and your interest rate.

5. Avoid deadline-ridden offers

Fake loan applications only exist to take your money and go. They may thus present you with a variety of deals that seem enticing and state that they are only available while supplies last. Sincere lenders won’t set such deadlines since they have a set of protocols in place before beginning any type of money transfer. If you feel compelled to act right away, you are being duped, and the app is fake.

6. Read the reviews

Users’ reviews of an app can frequently reveal information about its reliability. If the app has sufficiently irked a few loan recipients, there will be one or two reviews. Therefore, read the reviews before installing the software.

Conclusion

One thing you should remember while scouting for a loan or choosing an offer is that “if it seems too good to be true, it probably is.”

Insanely low-interest rates, a paucity of lender due diligence, unsolicited offers to sweeten the deal, etc., are all red flags. All of these should be taken into consideration before picking a loan option.

Also, contacting a lender after doing your research and ensuring they adhere to regulatory regulations and best practices is a way to ensure an open and transparent loan application process.

By being aware of red flags and conducting your research, you may shield yourself from falling for a con. Remember that making a well-informed decision up front is always superior to regretting it afterward.

You can rely on OneNDF for error-free and customer-oriented service and get all the necessary loan details.

Fake Loan App List FAQs

What are the real loan apps?

Some of the best loan apps in 2023 are PaySense, Bajaj Finserv, dhani, Paytm Postpaid, Money Tap, and more.

Which loan app approved by RBI?

Reserve Bank of India (RBI) has approved the following loan apps in India: Paytm, Bajaj Finserv, Capital First, EarlySalary, HomeCredit, LazyPay, MoneyTap, and Simpl.

How do I stop fake loan apps accessing my contacts?

Steps to prevent fake loan apps from accessing your contacts: Use official app stores, Check app permissions, Keep your phone updated, Use a security app, Be cautious of free downloads, Read app reviews, Enable two-factor authentication, and Avoid giving away personal information.

Which app is best for emergency loan for urgent medical treatment?

The best emergency loan apps in India are Fullerton India, Navi, zest, Fullerton India, Upwards, and Fibe.

Is Wonder loan app real or fake?

The Wonder loan app available on Google Play Store is fraudulent and gives unsolicited loans.

How can I get an instant personal loan in 5 minutes?

Instant loans within 5 minutes are often difficult to obtain, as they usually require a thorough verification process to assess your creditworthiness. However, some options offer you a loan quickly: Digital lenders like Paytm Postpaid, Dhani, PaySense, and, the swift loan app or you may get Personal loans through your bank depending upon how much loan you need.

Is Kissht real?

Kissht app is registered under RBI as a non-banking financial institution (NBFC) and is duty-bound to serve customers as per the guidelines.

What app gives 50k loans?

Money View, one of the leading lenders, provides flexible personal loans with flexible repayment arrangements for up to 60 months, ranging from Rs. 5,000 to Rs. 5 lacks. Candidates who meet the criteria can easily apply for rapid loans of Rs. 50,000.

Which app gives loan without salary?

PayU’s LazyPay segment offers customers advance salary loans. You are qualified for loans with LazyPay up to Rs. 1 lakh. To apply for this loan, download the LazyPay app and fill out the application.

Which loan app is fast?

MoneyTap is a popular instant personal loan app. You may apply on MoneyTap for a personal loan with interest rates as low as 1.08% per month for amounts up to 5 lakhs.

Are instant online credit apps Safe?

The instant lending apps provided by banks and NBFCs for personal loans are safe. However, you should also make sure the companies providing quick personal loan apps are RBI-registered and should be downloaded from reputable websites.

How can I get a quick loan?

You may apply for a personal loan by contacting a bank or other financial institution directly through their website and inquiring about your eligibility, the applicable interest rate, and the EMI. When your loan request is approved, the loan amount will be transferred instantly to your bank account.

Is Rokdawale real or fake?

Rokdawale is not a legitimate platform for lending. Few reasons to support

  • No information on the founder.
  • Bad reviews.
  • No proof of partnership with banks.
  • Bad customer care service.

Is loanbaba real or fake?

Loanbaba is reliable. It disburse loans via RBI registered NBFCs.

Is rupiyabus loan app legit?

You should avoid using rupiyabus loan app because there are many cases and registered complaints against this lender because it harassed the user for money. If you are also a victim, here is a fake loan app/farzi loan app complaint number: 1930 (National Cyber Crime Reporting Portal).

Is kredit party loan app real or fake?

There is not much information about Kredit party loan app in public domain. There are consumer complaints against this app and also news of harassment of its customers by the app also floated. This app isn’t authorised by RBI.

Is wonder loan apk safe?

The app is charged with misleading users by posting false five-star reviews and using dubious loan repayment plans. So be careful.

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