250+ Fake Loan Apps List to Avoid in 2025: Protect Yourself from Scams

In recent years, many people in India have fallen victim to fake loan apps, also known as Illegal loan apps that promise quick money but often cause financial trouble or steal personal information. These fake loan apps are becoming more common, especially apps offering short-term loans. It’s important to be aware of these scams and know how to avoid them.

They may take more money or use personal information without consent. These apps can be clever and harass people for payment. They may also charge higher interest rates set by the RBI. To stay safe, make sure an app is registered with the RBI before sharing any personal information or applying for any kind of loan.

This detailed fake loan app list 2025 will help you identify over 250+ illegal loan apps. We’ll also explain how these apps work, how to spot them, and how to stay safe. By using this list of fake loan apps, you can protect yourself from fraud and learn how to report suspicious apps.

What are Fake Loan Apps?

Fake loan apps are apps that promise quick and easy loans but are actually scams. They attract people by offering loans without much paperwork or credit checks. Once people provide their personal details or pay a fee, the scammers disappear, and no loan is given. This leaves people at risk of losing money or having their personal information misused.

Once installed, these apps engage in various fraudulent activities, including charging high hidden fees, accessing and misuse of personal data, using aggressive debt collection strategy, and sometimes simply disappearing after collecting user data. Their fraudulent operations misuse users’ weaknesses, resulting in financial losses, privacy violations, and harassment. 

To avoid scam, individual should verify if loan applications are legit, thoroughly review terms and conditions, and avoid sharing confidential information without proper verification. Furthermore, reporting such fraudulent apps to regulatory authorities helps reduce their illegal activities.

These apps are dangerous because they can steal your identity or bank information. In India and other countries, fake loan apps are becoming more common, so it’s important to be aware of them and stay safe from these scams.

How do 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.
• Illegal loan apps may contain malware or spyware that can compromise the user’s device, steal data, or subscribe to unwanted services without consent.

Suggested Read: 20+ Best RBI Approved Loan Apps In India [Updated 2025]

Fake Loan Apps 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 fraud loan apps. Below is a list of 250+ Fake loan apps or Illegal Loan app list in India:

S No.	Fake Loan App List	S No.	Fake Loan App List
1	Agile Loan App	142	RoyalCash
2	Aladdin Lamp	143	Goldloanapp
3	Angel Loan	144	MateroFinanace
4	Apna Paisa	145	Easy RP
5	Apple Cash	146	Eulavt Loan App
6	Ariaeko Lone	147	Crystal Loan
7	Asan Loan	148	Credit Pearl
8	Balance Loan	149	Link Money
9	Basket Loan	150	Daily Loan
10	Best Paisa	151	Dhan Pal
11	Bharat Cash	152	Dream Loan
12	Bright Cash	153	Crazy Cash
13	Bus Rupee	154	Credit Buzz
14	Clear Loan	155	Jo Cash
15	Cash Advance	156	Just Paise Loan App
16	Cash Bowl	157	Just Money
17	Cash Colla	158	Kash Loan
18	Cash Cow App	159	Koko Loan
19	Cash Credit	160	Income Ok
20	Cash Fish	161	Gold Cash
21	Cash Guru App	162	Gold Sea
22	Cash Magic	163	Goldman Payback
23	Cash Hole	164	Fri Loan
24	Cash Machine	165	Fortune Loan
25	Cash Manager	166	Fresh Loan
26	Cash Mine	167	Bellono Loan App
27	Cash Papa	168	Bright money
28	Cash Park Loan App	169	Bharat Cash App
29	Cash Pocket Live Cash	170	Cash Book
30	Cash Samosa	171	Cash Cola
31	Cash Star Miniso Rupee	172	Cash Cow
32	Cash Station	173	Cash go
33	Cash carry Loan App	174	Cash Park Loan
34	Cash Pal	175	Cash Pocket
35	Simple Loan App	176	Kashpal
36	Minute Cash	177	Credit Loan
37	MI Rupee	178	credit wallet
38	Sky Loan	179	DuttaRuppes
39	Shuttle Loan	180	Eagle cash loan App
40	Silver Pocket	181	Easy Barrow
41	Money Muthal	182	Easy brave
42	Money Pocket	183	Loanzone
43	Money Stand Pro	184	Lucky Wallet
44	Star Loan	185	Magic Loan
45	Store Loan	186	Mama Loan
46	Sun Cash	187	Magicc Loan App
47	Sunny Loan	188	Marvel cash
48	Time Loan	189	Minutes In Cash
49	Top Cash	190	Mobikquick
50	Tree Loan	191	Mobile cash
51	Money Stand Pro App	192	Money box
52	Monney Tank	193	Money Ladder
53	Tyto Cash	194	Money lander
54	Wow Rupee	195	Money Master
55	Orange Loan	196	Money muthual
56	Paisawala	197	Money tree
57	Pillai Loan	198	onstream
58	Yes Cash	199	pocket bank
59	Zo Zo Cash	200	Pokemoney
60	Cash Port	201	Rocket Loan
61	Alp Cash	202	Royal able rupee cash
62	Plump Wallet	203	Royal cash
63	Pub Cash	204	Rupee Box
64	Quality Cash	205	Rupee Loan
65	Quick Loan App	206	Rupee Cash Loan
66	Rapid Loan App	207	Rupee Magic
67	Rainbow Loan	208	Rupee mall
68	Cash Curry	209	Rupee Online
69	Cash Era	210	Rupee Papa
70	Cash Lion	211	Rupee smart
71	Cash Light	212	Rupee Star
72	Ant Cash	213	Quick Cash
73	Coin Rupee	214	RupeePlus
74	Arak Loan	215	66 Cash App
75	Cashhost	216	Apna Paisa Cash
76	Easybrave	217	Asan Credit
77	Express Loan	218	Asan Loan App
78	Fortress Loan App	219	ATD lone App
79	Fortune Now	220	Belono Loan App
80	Handy Cash	221	BetWinner Loan
81	Hello Box	222	Cash Loan App
82	Hi Credit App	223	Cash Bowl Loan App
83	Funny Happen	224	Cash Cash App
84	Flash Rupee	225	guruloanapp
85	Flip Cash	226	Moneystandup
86	Flash Loan Money	227	Cashgo
87	Handy Loan	228	Funnyhappen
88	Hello Rupee	229	Moneytree
89	Hand Cash Friendly Loan	230	Loanfortune
90	Honey Loan	231	Rupeesmart
91	Holiday Mobile Loan	232	Flashrupee
92	Hu Cash	233	ZozoCash
93	Hoo Cash	234	CashPark
94	I Credit	235	Suncash
95	I Karza	236	Unit Cash
96	Lend Mall	237	Bright money
97	Live Cash Loan App	238	India AI Credit Cash Loan
98	Loan Cube	239	Easy Credit Loan App
99	Loan Dream	240	Fast rupee Loan App
100	Loan Fortune	241	Flash Loan App
101	Loan Loji	242	Forpay app
102	Loan Sathi	243	Get Cash
103	Rupeek Buzz	244	Goldcash
104	Rupee King	245	guru loan app
105	Rupee Plus	246	Handey Loan
106	Rupeestar	247	Honey Loan App
107	Rush Loan	248	India AI Credit Cash Loan
108	Samay Rupee	249	Infinity Cash
109	Sharp Loan	250	Insta money
110	Simple Loan	251	Koko cash
111	Monday Money App	252	Live Cash
112	Slice Pay	253	Dream Loan
113	Small Loan	254	Rupee
114	Unit Cash	255	Rupeeredee Loan App
115	My Cash Loan	256	Rupiya company
116	Volcano Loan	257	Sharp corn
117	My Kredit	258	Smart Coin
118	Ob Cash Loan	259	Wallaby loan App
119	OK Rupee Loan App	260	Wen Credit
120	Wallet Payee	261	Yes Rupees
121	Walletpro	262	Asana Loan
122	Warn Rupee	263	Elephant loan
123	One Loan Cash Anytime	264	Eye Credit
124	One Stream	265	Go cash
125	Coco Cash	266	Loan tap
126	Credit Finch	267	Micredit loan app
127	Early Credit App	268	CashCow
128	Rapid Paisa	269	CashPark Loan App
129	Reliable Rupee Cash	270	cash pocket App
130	Rich Cash	271	Cash room
131	Rich Loan Go	272	Cash today
132	Rupee Pocket	273	Clear Loan App
133	Rupee Salam	274	Coco Loan
134	Loan Zone	275	Joe Cash
135	Onestream	276	Loan Saathi
136	Smile Loan	277	Bright Cash Loan
137	Tap Credit	278	Sharpcorn
138	66 Cash	279	Marvelcash
139	Zozo Cash	280	Cashfish
140	Cash Park	281	MoneyLander
141	LiveCash	282	Income Loan

How to Identify Fake Loan Apps?

An Illegal loan app will have the following attributes that you can identify it from:

1. Does not have Regulatory Authority Lending Guidelines

A legal loan app will be registered and regulated by an appropriate financial Regulatory authority in India.
Remember, it is essential for loan apps to follow RBI guidelines in India. And if an app doesn’t follow them, that is definitely a red flag that it might be illegal. The app’s regulatory status can be verified on the financial authority’s official website.

You must read this: 20+ Best RBI Approved Loan Apps In India [2025]

2. Unprofessional Website or Fake Design?

Fake loan(Fraud Apps) applications frequently have poor user interfaces, numerous spelling errors, and an overall unprofessional appearance. A legitimate app typically has a clean, user-friendly design and professional content. Be aware that some fake lenders also create websites in order confuse borrowers.

3. Lack of Physical Address or Contact Information

A fake loan app often doesn’t have clear contact information or contains false information. Look for a physical address, customer service number, and email address. Check that the contact information is correct and functional.

4. Does Not Need Documentation

As per the RBI, it is mandatory for lenders to collect your personal information when providing a loan. If a lender doesn’t ask for any paperwork, that could be a red flag.

5. These apps doesn’t offer loan agreement

Loan agreements are typically not included in fake lending apps in order to hide important information. It is essential to understand interest rates and fees in order to evaluate the costs of borrowing.

6. Requests for Advance Processing Fee

You will never be asked to pay the loan processing fee in advance by an authorized lender. Rather, you won’t be required to pay these fees until your loan application has been accepted. Avoid any transaction with a lender that asks for early payment of any fees, including processing fees or other charges.

7. Contains the Most Negative Reviews

The majority of negative feedback for fake loan applications may be found online. Therefore, before submitting an application for a loan, look up the lender’s reviews.

Tips to Protect Yourself from Fake Loan Apps-

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.

Fake Loan App Harassment

Users of Fake loan apps often experience severe harassment from loan providers, especially when they fail to repay on time. Here’s how the harassment typically unfolds:

Aggressive Communication:

• Borrowers are bombarded with multiple calls, texts, and emails every day demanding immediate repayment.
• The tone of communication is often threatening, creating anxiety and fear in the borrower.

Access to Personal Contacts:

• Many fake loan apps access the user’s contact list without permission.
• They threaten to contact friends, family, or colleagues to expose the borrower’s financial situation, leading to social embarrassment.

Psychological Pressure:

• The fear of being exposed or humiliated causes immense psychological stress.
• Users may feel forced to take extreme steps to avoid shame, such as borrowing more money just to repay the initial loan.

Cycle of Debt:

• The pressure to repay in a short period often pushes users into a cycle of debt, as they borrow from other sources to clear the outstanding loan.

Mental and Financial Impact:

• Harassment from these fraud loan apps severely affects the borrower’s mental well-being.
• Financial troubles worsen, with many victims struggling to break free from the debt trap.

Given the rise in Fake loan app harassment, it’s important for users to recognize these tactics and report such illegal loan apps to prevent others from falling victim to their schemes.

How to File a Complaint Against a Fake Loan App

If you’ve been harassed or scammed by an Illegal loan app, it’s important to take immediate action to protect yourself and report the fraudulent activity. Here are the steps you can take to file a complaint:

1. Cybercrime Portals: You can report the fraud to the National Cyber Crime Reporting Portal . This platform allows you to file complaints about online fraud, harassment, or scams. Provide all the relevant details, including app names, screenshots, and messages.
2. RBI Helplines: The Reserve Bank of India (RBI) has established guidelines for digital lending and monitors financial fraud. You can contact their RBI Sachet portal to report illegal lending apps or related harassment.
3. Consumer Protection Resources: You can also file complaints through the National Consumer Helpline or call their toll-free number (14404). They provide support and guidance on how to handle fraud cases. Additionally, the Ministry of Consumer Affairs offers resources to address grievances against unfair practices.

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 a fake loan app.”

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.

To reduce the risks associated with these fraudulent apps, individuals should exercise caution, verify the authenticity of the instant loan app, and avoid sharing confidential information. Authorities and regulatory bodies continue to work to identify and eliminate false entities.

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

Suggested Read:

• RBI Bonds for Senior Citizens
• Best 25+ Loan Apps for Low Credit Score : Updated List
• Top 25 Instant Personal Loan Apps in India

FAQs related to Fake loan Apps

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 security apps, 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, zestmoney, 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.

What should I do if I suspect a loan application is fraudulent?

Contact consumer protection organizations or the Reserve Bank of India (RBI) if you come across any suspicious apps and keep away from disclosing any personal information.

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.

How to find a fake loan app?

How can I spot a fake loan app? Check for clear contact details, professional website design, proper licensing, reviews on play store and transparent terms. Always research and verify the lender with financial authorities.

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 loan app is banned by RBI?

The RBI of India has banned the use of these lending apps.

• Infinity Cash
• Rupee Go
• Grand Loan
• Kredit Mango
• Rupee Mo
• CreditLoan
• Mobipocket
• Lend Now
• Cashfull
• Cash RayPunch Money
• Lendkar
• CashMO
• DreamLoan

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.

Is NU Finance Fake or Real?

Nu Finance, is not operational in India and its current status is- Strike Off.

How can I get a quick loan?

You can get a quick loan with the help of OneNDF, that connects you with 120+ lenders with easy online process. OneNDF is a Leading online loan marketplace for SMBs.

Is a buddy loan fake or real?

Yes, Buddy Loan is a real app. It is a reliable and trusted lending app.

Is cc credit loan app real or fake?

CC Credit Loan app is not legal in India.

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 the Fine Sathi loan app real or fake?

The Fine Sathi Loan app is not RBI approved as of now.

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.