1200+ RBI Banned Fake Loan App List in India 2023

Fake loan apps are online lending platforms that offer loans but are not authorized or registered with the Reserve Bank of India (RBI) or any other financial regulatory body. Most of the time, these apps go after vulnerable people who need money quickly and offer them loans without checking their credit history or financial background.

These apps may also ask for personal and sensitive information like bank account details, Aadhaar numbers, and PAN card details, which can be used for identity theft or other fraudulent activities.

Fake loan apps may also have high-interest rates, hidden fees, and unclear terms for paying back the loan, which can trap borrowers in a cycle of debt. In some cases, to get the loan money back, these apps may even use aggressive and unethical methods like harassment and threats.

Before getting a loan through a digital lending platform, you should be careful and make sure that the RBI or another financial regulatory body has approved and regulated the app.

The way that credit fraud occurs is as follows

A link is sent to the mobile phone in the name of the loan via text message, with the promise that if the recipient clicks the link, they will receive the loan immediately and without providing any security or papers.

The majority of recipients end up clicking the link because they don’t have all the facts about the credit they were promised.

Such applications use the phone, social media, and WhatsApp to share loan-related information. Simply follow the link we provide in the email and apply for credit right away. Criminals are encouraged to visit the Play Store via the link sent in the guise of a loan and install the app.

On the other hand, you can’t get a loan from a bank just by clicking the link and downloading the app. When you click on the link, personal information is shared. Fraudsters take advantage of this by using Fake Loan App to commit fraud.

Fake Loan Application Bans in India by RBI, 2023 Schedule

Some loan-related apps in India were making money by selling users’ personal information to third parties; the Reserve Bank of India has since prohibited these apps (the names of which are listed below).

There is a growing number of fraudulent loan applications available in the Google Play Store; we’ve compiled a summary of some of the more common ones that will not actually lend you money but will instead collect and store your personal information.

Because of the potential difficulties that could arise from using these apps to obtain a loan, we have compiled a list of over 1200 “FAKE LOAN APPS” so that you can avoid falling prey to them.

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

We have compiled a comprehensive list of Quick Fake Loan Apps so that you won’t have to waste time downloading and installing questionable applications on your mobile device.

Sr. No. Fake Loan List
1 Flipcash
2 Agile loan
3 AGLONR
4 ariaeko loan
5 Asan Loan
6 Beloan App
7 Cash Cola
8 cash pocket
9 cash room
10 credit wallet
11 Dhani loan
12 Discover loan
13 Easy Credit Loan
14 Eslite loan
15 Fair credit loan
16 Fast coin/ cash advance
17 Fast Rupee
18 Fastcash/ Cash Fast
19 flash rupee
20 fresh loan
21 Go Cash
22 Go Go loan
23 hello rupee
24 Home loan/rupee tiger/geta cash/little borrow/rich cash
25 Infinity q
26 INS Loan
27 Instant loan/ Dutta loan bike loan/ mobile loan
28 lifestream loan
29 Lucky rupee/quick loan/bike loan/cash market/money loan
30 magic money loan
31 money tree
32 money void
33 Moneyhouse/Crystal loan
34 More cash/fish loan
35 OB cash loan
36 Ok rupee loan
37 Onstream App
38 Pesin Bee
39 Rupee King
40 Rupee spark
41 Rupee Wallet
42 Small credit
43 star loan
44 Sunshine
45 Yes rupee

According to our research, a lot of people download and rate these apps right after they come out, so the borrower would have thought this app was safe, but nothing like that happened.

Do not register for these loans even if you forget about the warnings; the information provided here is meant only to make borrowers aware of the possibility of fraud after they have already taken out a loan.

Sr. No. App name
1 Cash
2 cash bowl mobile
3 cash cow
4 cash guru
5 cash market
6 Cash now
7 Cash on
8 Catch cash
9 Credit
10 Credit me
11 easy click
12 easy loan
13 fast rupee
14 Flex Salary
15 loan
16 Money more
17 one loan
18 Rupee click
19 Rupee plus
20 V cash
21 VN card
22 World money

List of Unlawful Loan Applications Blocked by the RBI in 2023

Sr. No. RBI Banned Loan App
1  Caesh Cola
2  cash era
3  Elephant loan
4  hello rupees
5  Indian loan
6  Infinity kola app
7  Lucky rupee
8  Rupees King
9  Rupees plus
10 Alp cash
11 Altn loan App
12 and magic money loan
13 Ant cash
14 cash lion
15 cash pockets
16 cash port
17 cash room
18 Cash Today
19 Cashon
20 Coco cash
21 credit day
22 credit finch
23 Credit wallet
24 Easy Credit Loan
25 Fast cash/Cash Fast
26 Fast Rupee
27 Flep cash
28 Go to the cash App
29 In cash
30 loan zone
31 Lucky wallet
32 Mastermelon
33 Micredit
34 money trap
35 Ok rupees loan
36 Panda rupees
37 play cash
38 quick cash
39 quick credit
40 quick money
41 Rupee now
42 Rupee pus
43 Rupeed Wallet
44 Small credits
45 smile loan
46 Snapit loan
47 star loan
48 Sunshine credit app
49 super cry loan app.
50 Tap credit
51 Yes rupees

 The Reserve Bank of India has forbidden a list of forex trading apps.

Sr. No. Banned Forex App Name
1  Foxorex
2  FXPrimus
3  OctaFX
4  Trade Site FX
5  Urban Forex
6 AnyFX
7 Ava Trade
8 Binomo
9 eToro
10 Exness
11 Expert Option
12 FBS
13 FinFxPro
14 forex.com
15 Forex4money
16 FTMO
17 FVP Trade
18 FXCM
19 FxNice
20 FXStreet
21 FXTM
22 HotForex
23 ibell Markets
24 IC markets
25 iForex
26 IG Markets
27 IQ Option
28 NTS Forex Trading
29 olymp trade
30 TD Ameritrade
31 TP Global FX
32 XM and XTB

 How to fake loan apps complaint

If you have been scammed by a loan business, you can file a complaint with the RBI by visiting their website and navigating to the “report” section.

How to fake loan apps complaint

Reporting the app to Google Play is another option for removing it from distribution.

How to Recognize Fake Loan App

  1. Stay away from third-party software stores

Do not download any apps from messages or links mentioning loans that may appear on your phone or a social media site, as these apps may also contain viruses that could compromise your privacy. The software is secure and can be downloaded from the Play Store or the App Store, but only after careful consideration.

  1. Don’t Use the CIBIL Loan Zero App When Applying for a Credit

When looking for a loan, if an app claims to offer “CIBIL loan zero,” look elsewhere; it likely has a large processing fee. Most of these lending apps are scams that steal your money in the form of interest (often between 25 and 30 percent) disguised as a loan.

  1. Stay away from loans with limited terms

There are a lot of loan applications in the Google Play store that promise quick approval and funding (usually within 6 or 7 days). Don’t use any lending apps that might raise your loan amount.

  1. Manage Access Levels in the App

Always read the app authorization notice that appears after installing an app, as it contains important information about the information the app plans to share with other services. It’s important to remember that the program hasn’t stolen any of your personal information from your phone, including your contacts or any other data stored on your device.

Conclusion

In this article, we provide you with a list of over 1,200 fraudulent loan applications, all of which were shut down by the Reserve Bank of India for various reasons because of their use in spreading personal information.

Because of this, we advise against using loans from any In this article, we provide you with a list of over 1,200 fraudulent loan applications, all of which were shut down by the Reserve Bank of India for various reasons because of their use in spreading personal information.

Because of this, we advise against using loans from any application; if you choose to do so despite our warnings, you accept full responsibility for the consequences.

Where is the Reserve Bank of India Governor Shaktiman Das ji who does not give loans in association with three to four NBFC companies?

In such a case, before installing or using an app, it’s a good idea to research its background, ratings, and security on Google Play. If you have any doubts about the app’s safety, you shouldn’t install it.

I’m hoping you found today’s article to be quite informative; if you did, please leave questions or comments below.

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