5 Signs Your Loan App Is Actually a Scam

Is Your Loan App Really Safe?

Thousands of Indians fall prey to fake loan apps every year.

Regulated lenders do not demand a processing fee before disbursing the loan amount to you.

Real Lenders Never Ask First

Fraudulent apps demand access to contacts, gallery, and messages - data a legitimate lender would never need.

Excessive App Permissions

Any app claiming to be "RBI approved" without disclosing a licensed NBFC partner is operating suspiciously.

No Regulator Mention? Big Red Flag

No credit checks and guaranteed high loans are common scam signs.

Instant Loan, No Check? Run

Fraudulent apps never display a verifiable office address, working helpline, or grievance contact details.

No Physical Address or Support

RBI launched its Digital Lending Apps directory on July 1, 2025, helping users verify if any lending app is linked to a regulated entity.

RBI's New Safety Tool: DLA Directory

Victims can report illegal loan apps, via the National Cybercrime Reporting Portal, or by calling the dedicated helpline number 1930.

How to Report a Fake App?

Complaints about unauthorized financial activities and illegal loan apps can also be filed directly on the RBI's SACHET portal.

Use the SACHET Portal Too

Always verify a loan app against the RBI's DLA directory before sharing any personal information.

One Check Can Save Everything

                      Disclaimer                     The information provided on this website is for general informational purposes only and should not be considered financial or legal advice. Please consult with a qualified financial advisor before making any decisions.