1100+ Fake Loan Apps List (Avoid Using) – फर्जी लोन एप लिस्ट

Are you looking to get an ONLINE LOAN from some apps that promise you a 1 CLICK LOAN approval guarantee?

BEWARE, I was doing the same a few months back and nearly got scammed. Luckily I found this 1100+ fake loan apps list that saved me from an online scam.

That’s why I will share this list with you today so that no one can ever scam you again. This list will be frequently updated from time to time when the government of India or any other country declares a financial loan app illegal.

Online personal loan apps have made lending money extremely convenient. This has helped a lot of small business owners but also this has invited scammers into the market.

They target small business owners that do not have much knowledge about personal finances and they end up getting scammed.

Through this blog post, I would like to MAKE EVERYONE AWARE of how to avoid these fake loan apps and how you can spot a scam app in just a few seconds. Here you will also find the constantly updated Fake Loan App List 2023, which is verified every single day for new additions.

What are Fake Loan Apps?

In simple layman’s terms, fake loan apps are deceptive mobile applications that promise to provide personal and commercial loads without any paperwork promising quick and easy access to loans.

The main target of these apps is SMALL BUSINESS OWNERS, HUSTLERS, AND GAMBLERS. In short, they target individuals in urgent need of funds.

Most of the time individuals end up paying huge interest rates for loans they either did not need or they got tricked by the wording of the contract.

How do Fake Loan Apps Operate?

So how do these fake loan apps actually work? How can someone fall into the trap for something so obvious that seem fishy from the very start?

These apps actually try to give you IRREFUTABLE OFFERS that you simply can not ignore. Once they get your ATTENTION, the whole scam starts by making you believe the offer is real.

This is EXACTLY WHERE PEOPLE MESS UP. You trust them for a few minutes and then end up getting scammed.

Here are some of the techniques used by these scammers:

Requesting Personal Financial Info: The scammers actually try to ask you about your financial status. Your requirements and why you need a loan.
Social Engineering: Scammers are actually trained in this skill and they very well know how to trigger your emotions as emotions play a big role in financial transactions.
Apps With Malware: After contacting you they might ask you to install an app that contains malware. These apps can track your transaction and data, leading to a direct threat to your privacy.
They Simply Don’t Answer: After scamming you they simply don’t answer your calls, messages, or emails.

If any of this is happening to you, seek immediate help from the POLICE OR CONCERNED AUTHORITIES.

The later you report, the harder it will get to track down those scammers for the authorities.

Risks Associated with Fake Loan Apps

If you think that you have installed one of these apps and never gave them any info and you think you did some 1000 IQ move, Let me tell you, YOU ARE A FOOL.

Delete those apps from your phone and remove any data associated with those apps from your phone. Also, check if these apps keep running in the background from the battery usage section of your smartphone.

Here is why, and some risks associated with these fake loan apps.

You Might Not Even Know You Have A Loan: In a report last year, these fake loan apps issued loans to people they never applied for. Because he installed these fake loan apps on his phone. The app gained access to the sensitive info of the person. Because the app has the ability to read incoming SMS messages. They applied for a loan in his name without the consent of the people.
Blackmailing: The fake loan app owners blackmail the victims of the scam to extort money from them and in return asked for money to stop the spam.
Your Contacts Are Also Target: Not just you, by installing these apps they get access to your contact list and your known people also become a potential target. So you not only make yourself vulnerable but also your loved ones.
Financial Losses: You might be vulnerable to a potential financial loss due to these fake loan apps.
Data & Privacy Issue: These apps can get sensitive info of your private data like credit card info, biometric info, contacts, and interests. This data is then listed for sale on shady websites.

So these are some of the risks that are associated with these fake loan apps list.

Identifying Fake Loan Apps

As I told you, I faced this issue too. How I identified a fake loan app and how you can too to avoid any scam in the future. Tell your loved ones about this too.

Unrealistic Loan Offers: If an app offers you unrealistic loan offers it is most probably a scam. No business can sustain such offers.
Poor UI: If you think the app developed is poorly designed and is laggy and clunky. It’s a scam app for sure. You cannot trust someone with your money who simply can’t even develop an app properly.
App Permissions: Look for the app permissions the app is asking, if it is continuously monitoring your behavior, the app is probably malware. Delete it immediately and use a premium antivirus.
Search About Developer: Find out about the developer and look for his portfolio online. If you can’t about the developer info, say away from the app.
Check User Reviews: Now check user reviews on the google play store. Check the star reviews. Apps with real reviews are there, not the 5-star ones.
Watch out for unusually high-interest rates or loan terms that sound too good to be true. If it seems like they’re offering a loan that’s way too good to pass up, it’s wise to be skeptical.
Be cautious if an app asks for sensitive information like your Aadhar number or complete access to your bank account. Legitimate loan providers usually don’t require such extensive access.
Keep an eye out for upfront fees or hidden costs that you’re asked to pay before receiving the loan. Legitimate lenders typically deduct any fees from the loan amount.
Take note of the app’s design and user interface. If it looks unprofessional or poorly designed, it may be a sign that the app is not trustworthy. Legitimate financial apps usually invest in creating a user-friendly experience.
Check if the app provides clear and accurate contact information for the lender. If the contact details are vague or nonexistent, it raises suspicions about the legitimacy of the app.
Look for a physical address or substantial information about the company behind the loan app. A lack of this information or limited details may indicate that the app is not backed by a legitimate organization.
Be cautious if the app insists on immediate payment or urges you to transfer funds urgently. Legitimate lenders typically follow a structured process and don’t pressure borrowers into making quick payments.
Be wary if the app requests remote access to your device. Granting such access could put your personal information and privacy at risk.
Check if the app provides clear and transparent policies, terms, and conditions. Legitimate loan apps outline all the relevant information regarding loan repayment, interest rates, and other crucial details.
The lack of clear information about loan repayment and interest rates should raise concerns. Legitimate lenders always provide transparent and easily accessible information about how much you need to repay and the applicable interest rates.

So these are some of the methods I use to check if an app is real or a scam. Google play store cannot check for scams in real time but we can with a little bit of common sense & alertness.

Now let’s check the list of fale loan apps below 👇

Fake Loan Apps List in India

Here is my updated list of fake loan apps list which is constantly updated by government sources and the reserve bank of India to avoid any scams.

SR. NOFAKE LOAN APP NAME

1cashpal

2IndiaAICreditCashLoan

3Fast Paisa

4Fri Loan

5CashcarryApp

6Income Value

7Coin Rupee

8Rupee salam

9Cash Cash App

10Best Paisa

11fortune now

12Money lander

13Wow Rupee

14Rich Loan Go

15Money box

16Wallet Payee

17Cash today

18Goldcash

19Dream loan

20Honey Loan App

21StoreLoan

22Rupeestar

23Elephant loan

24Incomeloan

25Cash Advance App

26Credit Pearl

27Loan Resource (DIC)

28Star Loan

29Magic Money

30Cash Cola

31MateroFinance

32Go cash

33Cash Carry Loan Application

34SmalLoan App

35UPO Loancom

36Credit buzz

37Gold loan app

38Easy Rp

39Money View App

40Cash lion

41Marvel cash

42Bharat Cash App

43Gold Cash

44Rupeeredee Loan App

45Tap credit

46Eulavt App

47Money Master

48Agile Cash App

49Income OK

50Cash Bowl Loan App

51Samay Rupee

52Cash Book

53Bellono App

54Aladdin Lamp

55Easybrave

56Kash loan

57Monday money app

58Rupiya company

59One Loan Cash Any Time

60Apple cash

61Easy Barrow Loan App

62CashCow Loan App

63Hoo Cash

64Sunnyloan

65Suncash

66Cash App

67Goldloanapp

68Wallaby App

69Minute Loan App

70Wen Credit

71Money tree

72Cash Credit

73onstream

74Voiceloan

75Matero Finance

76Rupee Cash Loan

77Ok Rupee Loan App

78Cash Station

79Gold Sea

80Crystal Loan

81Cash fish

82Hu cash

83Fast cash

84Quality Cash Loan App

85More Cash App

86Honey Loan

87Zo zo Cash

88cash bowl

89Cash manager

90Slice pay

91PradhanmantriYojna Loan

92Silver Pocket

93CashPark

94Dhani

95Cashmagic

96cash pocket live Cash

97Marwel Loan Baba

98credit wallet

99BrightCash

100guru loan app

101Betwinner betting

102Flash Loan App

103Moneylander

104More cash

105Royal cash

106Hi Credit App

107Loanzone

108money stand pro App

109Yes Cash

110Hand Cash

111money stand pro

112Bellono Loan App

113Coco cash

114Cashcom

115Money Ladder

116Rupeeking

117Loan Resource(disi)

118Rupeesmart

119Buddy Loan

120Infinity Cash

121Easy brave

122guruloanapp

123DuttaRuppes

124Ant cash

125Cash Host

126Loan tap

127Money standup

128Basket loan

129ATD Loan

130Paisawala

131fresh loan

132I karza

133Loan Home Small

134Cashgo

135Sharpcorn

136Flash rupee

137UPA Loan

138Personal Loan App

139Rapid Paisa

140Loan Cube

141Rupees plus

142Balance Loan

143Cash Book Loan Application

144BetWinner LOan

145Yes Rupees

146E Paisa

147Cash Machine Loan

148CashPark Loan App

149Cash Hole

150Cashon

151Beloan App

152Cash host Loan App

153Clear Loan

154cash pocket App

155Asana Loan

156Ob cash loan

157Rupee smart

158Asan Credit

159I Credit

160Small Cash Loan App

161More Loan

162Mama Loan

163Voice loan

164Fortress Loan App

165Rainbow Loan

166Handey Loan

167Asan Loan App

168Cash go

169Rupee mall

170Fast Rupee

171Cash Papa

172Cashfish

173Cash colla Loan

174For Pay

175Rupee Star

176Funny happen

177Brightmoney

178Sky Loan

179Cash Advance

180Cash Personal loan App

181Moneytree

182Eye Credit

183Apna Paisa

184Moneystandup

185Rupee Online

186Mobile cash

187Name of app

188Mobilecash

189Quick cash

190Simple Loan

191Cash room

192Cash Carry App

193Bus rupee

194Cash Carry Loan App

195Cash cow App

196Crazy Cash

197Rupee Loan

198Balance lone

199Holiday Mobile

200cash star miniso rupee

201Hello Box

202Magicc Loan

203Plump Wallet

204Hello Rupee

205Arak Loan

206Cash colla

207Time loan

208Lend Mall

209Smart Coin

210Loan zone

211Coco Loan

212Koko cash

213Dhan Pal

214Cash Hole Loan

215First Cash

216Bright money

217Easy loan

218Store Loan

219Just money

220ATD lone

221Fast coin

222Cash Samosa

223Loan dream Ap[

224Just paise Loan App

225Eagle cash loan App

226Elephant Cash

227Cash Park Loan App

228pocket bank

229Bharat Cash

230Bellono Loan

231Insta Loan

232Cash Advance Atach

233Ariaeko Lone

234Rush Loan

235Insta money

236Pillai Loan

237Alp cash

238Cash park

239Jo Cash

240Rupeekbuzz

241Daily Loan

242Orange Loan

243ZozoCash

244Link Money

245M pocket

246Royal able rupee cash

247Shuttle Loan

248Easycredit

249Agile Loan app

250Flip cash

251Smile loan

252Volcano Loan

253May Loan

254Angel Loan

255Monney Tank

256My Kredit

257Cash Light

258Loanfortune

259Forpay app

260Cash magic

261Cash Cow

262Rupeeok

263Tyto Cash

264Mo Cash

265Credit Loan

266Chhota Loan

267Cash Advance T1

268cash

269loan loji

270Tree Loan

271Cash Mine

272Easy Credit Loan App

273Sunny loan

274Phone pay

275Minute cash

276Joe Cash

277Loan fortune

278Easy Borrow Cash loan

279Rupeek fenta

280Fexli Loan

281Cash Guru App

282Rupee Papa

283Early Credit App

284LiveCash

285Unit Cash

286Cashcom App

287Loan Dream

288Fast rupee Loan App

289Clear Loan App

290Walletpro

29166 cash

292Goldman Payback

293Mi Rupe

294Hand Cash Friendly Loan

295Es Loan

296Lucky Wallet

297ATD lone App

298Rupee pocket

299Who Cash

300Cash curry

301Mobikquick

302cash machine

303Micredit

304Bright Cash

305Bud Loan

306Handy loan

307Credit finch

308Easy credit

309Cash Advance Loan App

310Quality cash

311Money pocket

312Rupiya bus

313Simple Loan App

314Pub cash

315Fash rupee

316Income loan

317Cash era

318Flash Loan Mobile

319Cash Park Loan

320Rupee Box

321Sun cash

322Koko Loan

323Top Cash

324Sharp corn

325Rocket Loan

326Rupeek buzz

327Flashrupee

328Pokemoney

329Reliable Rupee Cash

330Magicmoney

331Cash port

332Marvelcash

333Cash Loan App

334Funnyhappen

335Magicc Loan App

336Royalcash

337Money muthual

338Holiday Mobile Loan

339Loan Saathi

340Cash Host Application

341RupeePlus

342India AI Credit Cash Loan

343Rupee Magic

344Minutes In Cash

345Rapid

346Cashcarry Loan App

347Express loan

34866 Cash App

349Small Loan

350One loan easy loan

351Warn Rupee

352ob cash loan App

353Apna Paisa Cash

354UnitCash

355Live Cash Loan App

356Quick Loan App

357EasyCash Loan

358Rupeek cash

359Cashhost

360Get Cash

361My Cash Loan

362Cash Pocket Loan App

363Lucky Loan App

364Best Paisa Loan App

365IND loan

366Belono Loan

367Loan dream App

368tree lone

369Loan Sathi

370Sharp Loan

371Discover Loan App

372Asan Loan

373rich cash

374Money Master App

375MagicCash Loan App

376Rupee pus

377Live Cash

378Cash Pocket

Fake Loan Apps List Verified By Government Sources & RBI

So these are the fake loan apps list that has been scamming people. I hope every one of you takes care while applying for loans online.

Where To Report If You Have Been Scammed

I know most of you are either searching to find the authenticity of the app or you have been already scammed.

To REPORT THIS TO AUTHORITIES give a call on this helpline number 155260. The only possible solution for your problem is right.

I know how frustrating is this when you get scammed by these fake loan apps. Even I faced the same but saved by a little bit o research.

If you have got any loan from these apps. Try to pay the full amount immediately by borrowing money from someone trustable to avoid any loan amount increment.

FAQs Regarding Fake Loan Apps List

Here are some of the Faqs regarding the fake loan apps list.

What are some real loan apps?

Some of the best loan apps in 2023 include PaySense, Bajaj Finserv, Dhani, Paytm Postpaid, MoneyTap, and more. Do your own research before proceeding.

Which loan app is approved by RBI?

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

How can I stop fake loan apps from accessing my contacts?

To prevent fake loan apps from accessing your contacts, you can follow these steps: 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 loans for urgent medical treatment?

Some of the best emergency loan apps in India for urgent medical treatment are Fullerton India, Navi, Zest, Upwards, and Fibe.

Is the Wonder loan app real or fake?

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

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

Obtaining an instant personal loan within 5 minutes can be challenging as it usually involves a thorough verification process. However, you can explore options such as digital lenders like Paytm Postpaid, Dhani, PaySense, or swift loan apps. Additionally, you may also consider applying for a personal loan through your bank, depending on the loan amount you require.

Final Thoughts

So this is all regarding the fake loan apps list in India 2023. If you think this blog post helped you in any sense please share i with your friends to keep them safe from financial frauds.

If you need any help, just comment down below. I would love to help you out in my full capacity.

Let me know if have you ever been scammed by any of these apps, and if so how. I would love to share your story with my audience to keep others safe.

Magazine