1. Introduction
In India everyday reserve Bank of India banning fake loan app, due to increase cases of internet fraud related to money so in this article I am going to share some list of RBI Banned Loan Apps List which will help you to know which loan app is fraud and which loan a genuine so be with this article I hope you love my content on RBI banned loan app list.
- 1. Introduction
- 2. Why Some Loan Apps Are Banned in India
- 3. List of 100+ Banned / Fake Loan Apps in India (2025 Updated)
- 4. How to Identify Fake or Banned Loan Apps
- 5. What to Do If You’ve Used a Banned Loan App
- 6. RBI-Approved Loan Apps (Safe Alternatives)
- 7. Legal Actions & RBI Guidelines Against Fake Loan Apps
- 8. How to Report a Fake Loan App
- 9. FAQs – Banned & Fake Loan Apps in India (Use FAQ Schema)
- 10. Conclusion
2. Why Some Loan Apps Are Banned in India
If a loan app does not have proper documents, just like an NBFC and registration certificate in this scenario Reserve Bank of India takes strict action to ban that particular loan app or loan platform, but some of them rename or rebrand themselves and relaunch so it is so complicated to identify the originality of loan app; otherwise, it can be genuine or a fraud.
One main reason for banning fake loan apps is that they harass customers if customers miss their repayment or EMI. In some cases, this week’s loan app starts calling your relatives by hacking your mobile phone.
3. List of 100+ Banned / Fake Loan Apps in India (2025 Updated)
In this paragraph, I have given RBI RBI-banned loan app list. From here, you can take help to identify which loan app is banned by the Reserve Bank of India.
| S.No | App Name | Status | Reason for Ban / Issue |
|---|---|---|---|
| 1 | CashBus | Banned | Chinese ownership, data misuse |
| 2 | 7DaysCash | Fake | Unregistered NBFC |
| 3 | RupeeGo | Banned | Harassment complaints |
| 4 | CreditAdvance | Fake | Privacy breach |
| 5 | EasyCredit | Removed | High interest, no license |
| … | … | … | … |
4. How to Identify Fake or Banned Loan Apps
There are many ways by which you can identify whether a 7 days loan app is genuine or fraudulent. The best way is to check their social reviews because on social media, people share their personal experiences and reviews after using a loan app, so make sure to check reviews before downloading any loan app.
Another way to check NBFC registration and RBI registration certificate of that particular loan app for this you have to visit the Reserve Bank of India official website, where you can see an RBI-approved loan app list.
- Check if the app is listed on RBI or NBFC portal.
- Verify app developer in the Play Store.
- Avoid apps asking for unnecessary permissions (contacts, gallery).
- Search reviews on Google before applying.
- Be cautious of apps with unrealistic offers like “₹50,000 in 10 minutes”.
5. What to Do If You’ve Used a Banned Loan App
If you feel you are using a fake and fraudulent loan app, then in this case you have to delete immediately that lone app but take a screenshot of the financial transaction, and report it to the cyber crime, and if possible to reboot your mobile phone because these apps contain harmful viruses.
- Immediately uninstall the app.
- Change your passwords (bank, email, etc.).
- Block app permissions (contacts, storage, SMS).
- Report to cybercrime.gov.in or local police.
- Contact your bank to secure your account.
Add a quick helpline info block:
📞 Cybercrime Helpline: 1930
🌐 Website: https://cybercrime.gov.in
6. RBI-Approved Loan Apps (Safe Alternatives)
There are some popular are there registered loan apps. Some of them I have given below; you can take a loan from them.
| App Name | Registered NBFC Partner | Loan Amount Range (₹) | Tenure |
|---|---|---|---|
| CASHe | Bhanix Finance & Investment Ltd | ₹1,000 – ₹3,00,000 | 15–180 days |
| MoneyView | Whizdm Innovations Pvt Ltd | ₹5,000 – ₹5,00,000 | 3–36 months |
| Navi | Navi Finserv Ltd | ₹10,000 – ₹5,00,000 | 3–48 months |
7. Legal Actions & RBI Guidelines Against Fake Loan Apps
Indian government says if you are facing some cyber harassment, then you have to complain to the cyber crime branch to register your complaint, for your safety Indian Government and the Ministry of Information Technology have banned approx 2000 loan apps from the Google Play Store.
- Summarize RBI’s digital lending guidelines (2024–25).
- Mention MeitY and Google Play’s role in removing 2000+ fake apps.
- Add a small timeline (2020–2025) of actions taken against illegal loan apps.
8. How to Report a Fake Loan App
If you want to know how to report a fake loan app, then you have to visit the cyber crime branch and where you have to file a complaint report by mentioning the app name, and you are a link you can also attach your transaction record from where you took taken loan.
Step-by-step guide:
- Visit https://cybercrime.gov.in
- Click on “Report Other Cybercrime” → “Financial Fraud”
- Provide screenshots & app details
- Submit a complaint and track its status
9. FAQs – Banned & Fake Loan Apps in India (Use FAQ Schema)
What are banned loan apps in India?
There are many band loan in India some of them I have given in my blog.
How can I check if a loan app is RBI approved?
To check you just need to check and NBFC certificate and public reviews.
Are Chinese loan apps illegal in India?
Yes, apps are illegal in India because they are accessing mobile phones by hacking and also accessing your personal data.
What should I do if a loan app threatens me?
If you are facing any harassment, then you just need to visit cyber Cybercrime Branch of the website.
How many loan apps are banned by RBI in 2025?
Approximately 2000 fake loan apps were banned by the Indian government.
10. Conclusion
According to me, you love my content on RBI-banned loan app list, but if you want to ask something related to it, then you can contact us by visiting the contact us page.
Hi, I’m Rohit Singh. I research and write about loan apps, online finance, and money-saving tips. My goal is to explain how these apps really work—so you can avoid scams and choose only the safe and reliable ones.
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