250+ Fake Loan Apps in India- RBI Banned Loan Apps 2023

In India, a list of banned loan apps in 2023 will be made up of a register or directory of Indian and foreign fake loan apps that have been banned by the Reserve Bank of India (RBI) and taken off the approved list of Non-Banking Financial Companies (NBFCs).

The Reserve Bank of India (RBI) is continuously banning new loan apps that are not regulated, therefore the list of banned loan applications in 2023 must be up to date.

What is a fake loan application?

Fake loan apps are bogus mobile apps that pretend to be real loan companies but steal personal and financial information or trick users into paying fees for loans they will never get.

How do fake apps for loans work?

Call it the pandemic’s lasting effect on people’s finances, but many gullible Indians have recently fallen for the fast loans offered by unregulated digital lending apps, many of which are connected to Chinese companies. After personal information is stolen, borrowers go through a never-ending cycle of extortion, which has led some of them to kill themselves.

Fake loan apps often get people to download them by promising quick loans or attractive loan terms.

  • Under the guise of a loan application, asking for personal and financial information like bank account or credit card numbers. This information can then be used for unauthorized transactions or identity theft.
  • Under the guise of processing or guarantee fees, asking for money upfront while making false claims about how the loan will be distributed.
  • After collecting the money, they disappear or can’t be reached.
  • They often change their names, websites, and looks to avoid being caught.

How to Spot a Fake Loan Application?

  • High-interest rates or loan terms that don’t make sense.
  • Requests for private information, like your Aadhar number or full access to your bank account.
  • Fees upfront or costs you don’t see.
  • The app’s interface is poorly made or unprofessional.
  • There isn’t enough information about the lender or there isn’t enough of it.
  • There is no physical address and not much is known about the company.
  • Requests for money to be paid or transferred right away.
  • Requests to access your device from afar.
  • There are no clear rules or policies.
  • There is no clear information about how to pay back a loan or how much interest it will cost.

Read More: 50+ RBI Registered Loan Apps in India 2023

Fake loan apps in India 2023

1Agile Loan app258Easy credit
2Aladdin Lamp259Easy Credit Loan App
3Angel Loan260Easy loan
4Apna Paisa261EasyCash Loan
5Apple cash262Easy Rp
6Ariaeko Lone263Elephant Cash
7Asan Loan264Es Loan
8ATD lone265Eulavt App
9Balance lone266Express loan
10Basket loan267Express Loan
11Bellono Loan268Fash rupee
12Bellono Loan App269Fast cash
13Best Paisa270Fast coin
14Betwinner betting271Fast Paisa
15Bharat Cash272Fast cash
16Bright Cash273Fast rupee Loan App
17Bright money274Fast Rupee
18Buddy Loan275Fexli Loan
19Bus rupee276First Cash
20Bharat Cash App277Flash Loan App
21Clear Loan278Flash Loan Mobile
22Cash Advance279Flash rupee
23Cash Advance280Flip cash
24Cash Advance Atach281For Pay
25Cash Advance T1282Forpay app
26Cash advance283Fortress Loan App
27Cash Book284fortune now
28cash bowl285fresh loan
29Cash Carry App286Fri Loan
30Cash Cola287Funny happen
31Cash colla288Get Cash
32Cash cow App289Gold Cash
33Cash Cow290Gold loan app
34Cash Credit291Gold Sea
35Cash curry292Goldcash
36Cash fish293Goldman Payback
37Cash go294guru loan app
38Cash Guru App295Hand Cash
39Cash Magic296Hand Cash Friendly Loan
40Cash Hole297Handey Loan
41Cash host Loan App298Handy loan
42Cash Host299Hello Box
43cash machine300Hello Rupee
44Cash Machine Loan301Hi Credit App
45Cash Magic302Holiday Mobile Loan
46Cash manager303Honey Loan
47Cash Manager304Honey Loan App
48Cash Mine305Holiday Mobile
49Cash Papa306Hoo Cash
50Cash Park Loan App307Hu cash
51Cash park308I Credit
52Cash Park Loan309I karza
53Cash Pocket310Income loan
54cash pocket live Cash311Income OK
55Cash Samosa312IND loan
56cash star miniso rupee313India AI Credit Cash Loan
57Cash Station314Infinity Cash
58Cashcarry Loan App315Insta Loan
59Cashcom316Insta money
60cashpal317Jo Cash
61Clear Loan318Just paise the Loan App
62Coin Rupee319Just money
63Crazy Cash320Kash loan
64Credit buzz321Koko cash
65Credit Loan322Koko Loan
66Crystal Loan323koko loan
67Credit Pearl324Lend Mall
68credit wallet325Link Money
69Crystal Loan326Live Cash Loan App
70Daily Loan327Live Cash
71Dhan Pal328Loan Cube
72Discover Loan App329loan cube
73Dream loan330Loan dream Ap[
74DuttaRuppes331Loan Dream
75E Paisa332Loan fortune
76Eagle cash loan App333Loan Fortune
77Early Credit App334Loan Home Small
78Easy Barrow Loan App335loan loji
79Easy Borrow Cash loan336Loan Resource(disi)
80Easy brave337Loan Sathi
81Loanzone338Rupeek buzz
82Lucky Loan App339Rupeek cash
83Lucky Wallet340Rupeek fenta
84M pocket341Rupeeking
85MagicCash Loan App342Rupeeok
86Magic Money343Rupeeplus
87Magicc Loan344Rupeeredee Loan App
88Mama Loan345Rupeestar
89Magicc Loan App346Rupiya bus
90Marvel cash347Rupiya company
91Marwel Loan Baba348Rush Loan
92Matero Finance349Samay Rupee
93May Loan350Sharp corn
94Mi Rupe351Sharp Loan
95Minute Loan App352Simple Loan App
96Minute cash353Shuttle Loan
97Minutes In Cash354Silver Pocket
98Mo Cash355Simple Loan
99Mobikquick356Sky Loan
100Mobile cash357Slice pay
101Monday money app358Small Loan
102Money box359Small Cash Loan App
103Money Ladder360SmalLoan App
104Money lender361Smart Coin
105Money Master362star loan
106Money Master App363Store Loan
107Money muthual364Sun cash
108Money pocket365SUN CASH
109money stand pro366Sunny loan
110Money standup367Time loan
111Money tree368Top Cash
112money stand pro App369tree lone
113Money View App370Tyto Cash
114Monney Tank371Unit Cash
115More cash372UPA Loan
116More Cash App373UPO Loancom
117More Loan374Voice loan
118My Cash Loan375Volcano Loan
119My Kredit376Wallaby App
120Name of app377Wallet Payee
121Ob cash loan378Apna Paisa
122ob cash loan App379Walletpro
123Ok Rupee Loan App380Warn Rupee
124One Loan Cash Any Time381When Credit
125One loan easy loan382Wow Rupee
126onstream383Yes Cash
127Orange Loan384Yes Rupees
128Orange Loan385Zo zo Cash
129Paisawala386Cash port
130Personal Loan App387Alp cash
131Phone pay388Angel Loan
132Pillai Loan389Apna Paisa
133Plump Wallet390Asana Loan
134pocket bank391Cash Curry
135Pokemoney392Cash era
136PradhanmantriYojna Loan393Cash lion
137Pub cash394Cash Star Miniso Rupee
138Quality cash395Cashon
139Quality Cash Loan App396Coco cash
140Quick Loan App397Credit finch
142Rainbow Loan399Early Credit App
143Rapid Paisa400Elephant loan
144Reliable Rupee Cash401Eye Credit
145rich cash402Fast Paisa
146Rich Loan Go403Fast Rupee
147Rocket Loan404First Cash
148Royal able rupee cash405Flash Loan Mobile
149Royal cash406Go cash
150Rupee Box407Hand Cash
151Rupee Loan408Ind Loan
152Rupee Cash Loan409Insta Loan
153Rupee Magic410Insta Money
154Rupee mall411Lend Mall
155Rupee Online412Live Cash
156Rupee Papa413Loan Resource (DIC)
157Rupee pocket414Loan tap
158Rupee salam415Loan zone
159Rupee smart416Loanzone
160Rupee Star417Micredit
161My Cash Loan418Cash Cola
162Onstream419Cash Carry Loan App
163Plump Wallet420Cash App
164Quick cash421Cash Cola
165Rich Cash422Cash colla Loan
166Rupee Magic423Cash cow
167Rupee pus424Cash Guru App
168RupeePlus425Cash Credit
169Rupees plus426Cash curry
170Samay Rupee427Cash fish
171Small Loan428Cash go
172Smile loan429CashCow Loan App
173Star Loan430Cash Cow
174Tap credit431Cash Guru App
175Wow Rupee432Cash Hole
17666 cash433Cash Hole Loan
17766 Cash App434Cash host
178Agile Loan app435Cash Host Application
179Agile Cash App436Cash Light
180Aladdin Lamp437cash machine
181Angel Loan438Bharat Cash
182Ant cash439Coin Rupee
183Apna Paisa Cash440Cash Machine Loan
184Apna Paisa441Cash Machine
185Apple cash442Cash Magic
186Arak Loan443Cash Papa
187Ariaeko Lone444Cash Manager
188Asan Credit445Cash park
189Asan Loan446Cash Mine
190Asan Loan App447Cash Papa
191Asan Loan448Cash manager
192ATD Loan449Cash Park
193ATD lone App450Cash Mine
194Balance Loan451Cash Park Loan App
195Balance lone452Cash Park Loan
196Basket loan453CashPark Loan App
197Bellono Loan454Cash Pocket Live Cash
198Bellono Loan App455Cash Pocket
199Bellono App456Cash pocket
200Beloan App457Cash Pocket Loan App
201Belono Loan458cash pocket App
202Best Paisa459Cash Pocket Live Cash
203Best Paisa Loan App460Cash room
204Betwinner betting461Cash Samosa
205BetWinner LOan462cash star miniso rupee
206Bharat Cash463Cash Station
207Cash Machine Loan464Cash Today
208Bharat Cash465CashcarryApp
209Bright Cash466CashCarry Loan App
210Bright money467Cashcom
211Bud Loan468cashpal
212Buddy Loan469Clear Loan App
213Bus rupee470Chhota Loan
214Bus Rupee471Cashpal
215cash472Clear Loan
216Cash Advance473Coco Loan
217Cash Loan App474Cashcom App
218Cash Advance Loan App475Cash Machine Loan
219Cash Advance Atach476Income Value
220Cash Advance T1477Joe Cash
221Cash advance478Loan Saathi
222Cash Advance App479Tree Loan
223Cash Book Loan Application480Money Master
224Cash Book481Silver Pocket
225Cash Personal loan App482Loan Home Small
226cash bowl483Who Cash
227Cash Bowl Loan App484Forpay app
228Cash Carry Loan Application485Rainbow Loan
229Cash Carry App486Brightmoney
230Cash Cash App487Cashmagic


Which loan apps work?

In 2023, PaySense, Bajaj Finserv, Dhani, Paytm Postpaid, Money Tap, and more will be some of the best loan apps.

Which loan app did the RBI approve?

The Reserve Bank of India (RBI) has given Paytm, Bajaj Finserv, Capital First, EarlySalary, HomeCredit, LazyPay, MoneyTap, and Simpl permission to offer loans in India.

How do I stop fake loan apps from being able to access my contacts?

Use official app stores to stop fake loan apps from getting access to your contacts. Check what the app can do, Keep your phone up-to-date, Use an app for safety, Be cautious of free downloads, Read app reviews, Enable two-factor authentication, and Avoid giving away personal information.

Which app is the best for getting a quick loan for a medical emergency?

In India, the best emergency loan apps are Fullerton India, Navi, zest, Upwards, Fibe, and Fullerton India.

Is the Wonder loan app real or not?

The Google Play Store app Wonder Loan is fake and gives loans to people who didn’t ask for them.

How can I get a loan right away that I can pay back in 5 minutes?

Most of the time, it’s hard to get a loan in 5 minutes because you have to go through a long process of checking your creditworthiness. But there are ways to get a loan quickly: You can get a personal loan from your bank or online lenders like Paytm Postpaid, Dhani, and PaySense.

Does Kissht exist?

The Kissht app is registered with RBI as a non-banking financial institution (NBFC), which means it is required to serve customers by the rules.

What app lets you borrow $50,000?

One of the biggest lenders, Money View, offers personal loans with flexible repayment plans for up to 60 months and amounts from Rs. 5,000 to Rs. Rapid loans of Rs. 50,000 are easy to apply for if you meet the requirements.

What app lets you borrow money without a salary?

The LazyPay section of PayU gives customers quick options for personal financing. You can get a loan of up to Rs. 1 lakh from LazyPay. Download the LazyPay app and fill out the loan application to get this loan.

Which app for a loan is quick?

MoneyTap is a well-known app for getting loans quickly. MoneyTap lets you apply for a personal loan with monthly interest rates as low as 1.08% for amounts up to 5 lakhs.

Are apps for quick loans safe?

For personal loans, the instant lending apps that banks and NBFCs offer are safe. But you should also make sure that the companies that offer quick personal loan applications are registered with the RBI and that the applications can be downloaded from websites you can trust.

How do I get a loan quickly?

You can apply for a personal loan by going to the website of a bank or other financial institution and asking about your eligibility, the interest rate, and the monthly payment (EMI). If your request for a loan is approved, the money will be sent right away to your bank account.

Does Rokdawale exist or not?

Rokdawale is not a real place to borrow money. Not much to support

  • No information about who started it.
  • Poor ratings.
  • There is no proof that banks worked together.
  • Bad customer care service.
  • Is loanbaba true or not?
  • Loanbaba can be trusted. It gives out loans through NBFCs registered with the RBI.

Is rupiyabus loan app legit?

You shouldn’t use the rupiyabus loan app because this lender has been accused of harassing users for money in many cases and has complaints.


When looking for a loan or an offer, you should keep in mind that “if it seems too good to be true, it probably is.”

Red flags include crazy low-interest rates, a lack of due diligence by the lender, unsolicited offers to sweeten the deal, etc. Before choosing a loan, you should think about all of these things.

Also, you can make sure the loan app process is open and honest by contacting a lender after doing research and making sure they follow regulations and best practices.

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