List Of Loan Apps Banned In India, Check Here The RBI Banned Loan Apps List, Which Loan Apps Banned In India?

List Of Loan Apps Banned In India

Indians face lots of issues and problems due to the violated Loan Application software in the online portal. These loan applications try to manipulate people by portraying themselves as the most reliable platform and insist the poor people get loans from the application, which was owned by the treacherous people. At times of lockdown, people faced lots of hardships financially as they cannot resume their trade affairs due to the restrictions made by the Government of Worldwide. Especially in India, people faced various crucial circumstances due to unemployment. The country faced massive drawback in the Financial sectors. In this drastic scenario, the loan apps began to influence the people to a greater extent by highlighting the Loan Amount and the easiest way of possessing the loan within a short span. People who require money to a greater extent indulge themselves in this application software and lend money from them. They faced many circumstances due to the hefty interest rates imposed on them for their money borrowed from the Loan Application. The people were threatened to a greater extent to pay the amount. Thus, Reserve Bank Of India has Banned the Loan Application Software list to save the people from being depressed and frightened by the threatening messages from the loan application. Are you perplexed on Which Loan Apps Banned In India? Scroll down to get the List Of Loan Apps Banned In India.

The RBI Banned Loan Apps List

After the ban of the Chinese apps from the country, the country has faced many threatening issues based on the Loan apps owned by the Foreigners and the companies abroad. This loan application threatens the loaner's kith and kin to repay the amount which was lent by the person through the application. Most probably 30 to 40 per cent of interest has been imposed on the victim who lends money from them. To put an end to all these violated activities, RBI has banned the list of Loan Applications from peoples usage to prohibit the people from getting indulged into the scam loaning services. Scroll down to get the List Of Loan Apps Banned In India,

• Krazy Bean

• Krazy Rupees

• Cashplus

• Rupee Pro

• Gold Bowl

• Rupee Day

• Cash Goo

• Cash Star

• Real Rupee

• First Cash

• Money Now

• Pocket Rupee

• Happy Cash

• Loan Card

• Repay One

• Monkey Box

• Past Credit app

• Cool Cash. 

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