( Fake ) 50+ RBI BANNED LOAN APP LIST 2023

RBI BANNED LOAN APP LIST: Avoid these RBI Banned Loan apps that I have mentioned in this post.

There are thousands of online loan provider apps on the internet that promises to give loan directly to your bank account.

These types of apps are helping many users in their bad times & also saving their time going to banks.

These apps provide personal loans between 1000 – 50,000 ( RS approx ) this amount can be helpful to do small financial work.

Even a lack of 1000 rs can postpone important work. But there are some apps on the play store which are wasting the time of users by not giving loans.

These apps just want the data of users or take extra money as processing fees.

In this blog post, we are going to see apps that are not legal, banned in India, or a list of fraudulent online personal loan apps.

RBI BANNED LOAN APP LIST 2023

These are fake loan apps & Are removed from play store:

1. Cash Host
2. Mobile Cash
3. Easy Credit
4. Store Loan
5. Metro Finance
6. Gold Cash
7. Rupi Smart
8. Money Tree
9. Loan Fortune
10. Cash Park
11. Jojo cash
12. Flash Rupi
13. Income Loan
14. Live cash
15. Sun cash
16. Magic Money
17. Bright cash
18. Unit cash
19. Sunny Loan
20. Royal cash
21. Marvel Cash
22. Sharp cash
23. Cash Fish
24. Voice Loan
25. Rupic buzz
26. Rupic fenta
27. M Pocket
28. Money Pocket
29. Express Loan
30. Apple cash
31. Hu cash
32. Loan dream
33. cash cola
34. Fash rupi
35. Income Ok
36. cash Advance
37. Angle loan app
38. Rush loan app
39. Quick Loan app
40. Krazy cash
41. Jo cash
42. Sky Loan
43. Loan sathi
44. Orange loan
45. wallet pai
46. Cash hole
47. Newly updated app list is as follows:
48. 1. Avant
49. 2. Earnin
50. 3. Payoff
51. 4. Prosper
52. 5. Upstart
53. 6. LendingClub
54. 7. SoFi
55. 8. Avant
56. 9. OneMain Financial
57. 10. FreedomPlus
58. 11. LightStream
59. 12. Marcus by Goldman Sachs
60. 13. Discover
61. 14. Citizens Bank
62. 15. SunTrust
63. 16. Navy Federal Credit Union
64. 17. American Express
65. 18. Wells Fargo
66. 19. Chase
67. 20. U.S. Bank
68. 21. PNC Bank
69. 22. Regions Bank
70. 23. TD Bank
71. 24. SunTrust
72. 25. Fifth Third Bank
73. 26. KeyBank
74. 27. HSBC
75. 28. Capital One
76. 29. Santander Bank
77. 30. BB&T
78. 31. M&T Bank
79. 32. Ally Bank
80. 33. Huntington Bank
81. 34. USBank
82. 35. Bank of America
83. 36. Citi
84. 37. WebBank
85. 38. Barclays
86. 39. Aspire Money
87. 40. MoneyLion
88. 41. OppLoans
89. 42. CashNetUSA
90. 43. MaxLend
91. 44. Check Into Cash
92. 45. TitleMax
93. 46. LoanMart
94. 47. Carvana
95. 48. myAutoloan.com
96. 49. TrueCar
97. 50. LendingTree

We are still finding RBI BANNED LOAN APP LIST if you know some apps then you can comment.

What is a fake loan app?

Fake loan apps are apps that are created only to collect the data of users. They do not provide loans instead they only waste our time.

Most of the fake loan apps are not available on the play store or AppStore. They are promoted by some social media influencers.

Most of the time influencers do not know the reality of the app. Because these apps provide loans to some users and most of the time they just collect data.

In order to identify whether these apps are real or fake please read the following paragraph.

How to identify fake loan apps?

Most of the time scam apps are identified earlier but some apps give loans to some users and by reading reviews of those users we decided to try that app.

But the following are the points from which you can identify which loan app is real and which is fake:

1. The loan app asks for high processing fees.
2. App asking for extra payment before crediting the loan into your bank account.
3. Requesting money in UPI/ Phone pay.

Now let’s see points before trying to take a loan from personal loan apps:

1. Make sure the app is available on the play store. If it is provided by or downloaded from the website then do not fill in personal information.
2. Read reviews on trusted websites or blogs.
3. Watch reviews of genuine youtube channels.
4. Check terms and conditions.
5. Check about the section on that loan provider.
6. Check whether it is RBI registered or not.
7. Read the reviews on the play store.
8. Check the rating on play store.

RBI registered loan app list

There are many apps which are providing the best service in the online personal loan sector. But because of fake apps, they are not trusted.

So we have provided a list of real personal loan apps through which you can take a personal loan.

Here is a list of real personal loan apps

Ways to protect from fake loan apps?

we should also know the ways to protect our important data from these fake loan app providers. Check the following list to protect our data from fake loan apps:

1. Research that app before applying for a loan.
2. If you have some doubt or the app is claiming 0% interest then do not provide personal information.
3. Do not share top except asked when to log in.

FAQ’S

Conclusion

I hope that you got a list of most of the fake personal loan apps which are banned by RBI.

( RBI BANNED LOAN APP LIST ) If you have installed or your is thinking to take online personal loan apps then you can share this RBI BANNED LOAN APP LIST with him and save him time.

If you liked the above information then you can check more blog posts related to this:

1. RBI registered personal loan app list.
2. Fair money loan app review.

Keep reading! Keep sharing!