AMP Credit Loan App Review: Friends, do you also need such an application that claims to give you a loan of up to Rs 1 lakh easily in a few minutes, and that too at low interest?
A similar application on Play Store claims that it can easily give you a loan of ₹ 100000 at low interest. But whether this application is real or not, can we trust it? Techy Loan is a trusted platform that gives you well-researched reviews of websites and apps.
In today’s post, I will give you a review of the AMP Credit – lines of credit, Is this application real or not, is it okay to take a loan from this app or not, you will know through this post.
Contents
What is AMP Credit – lines of credit?
AMP Credit is an unsecured LOC (Line of Credit) loan app product, that determines users’ credit limits based on their location, income, liabilities, job, employment, corporate employment, company position, property, and other conditions factors.
This app was released on [ 29 Nov 2023 ] and has since received over 500k downloads from the Play Store. and this application was launched by REDKITE TECHNOLOGY PRIVATE LIMITED.
According to this application, you may easily receive a loan between ₹1,500 and ₹120,000 with low annual percentage rates.
Application Claims
- SSL Encryption
- Online Process
- Registered NBFC
- RBI Approved
- More flexible
- Safe
AMP Credit App Details
| Application Name | AMP Credit – lines of credit |
| Who launched | REDKITE TECHNOLOGY PRIVATE LIMITED |
| Loan Amount | ₹1,500 rs to ₹1.2 Lakh |
| Interest Rate [APR ] | 18.25% |
| Processing fee | ₹80 to ₹2,000 + GST 18% |
| Loan Tenure | 91 days to 365 days |
| Launched Year | 2023 [ 29 Nov ] |
| Application size | 7 MB approx |
| Total downloads | 50 Lakh Install |
| Rating on Play Store | 3.9 [ 6k Reviews ] |
| Real or Fake | Fake & Not Safe |
| Website | No Website |
| RBI Approved | Read Full |
How to Apply Loan in AMP Credit?
Friends, you have to follow the instructions provided by the company to apply for a loan through the AMP Credit Loan Application.
- You must first download the AMP Credit application from the Play Store.
- You will then need to register your mobile number or email ID.
- To finish your KYC, documents must be uploaded.
- Waiting for your document’s quick review.
- Within 24 to 48 hours of receiving the loan approval, the money will be deposited into your account.
AMP Credit Loan App Eligibility
Friends, to take a loan from the AMP Credit application, you will have to follow these eligibility criteria.
| Minimum age | 18 Years |
| Maximum age | 55 years |
| Nationality | Indian |
| Cibil Score | 600 above |
| Bank | Must Active Bank Account |
| Employment | Job, Business |
AMP Credit Loan Required Documents
You need all of these documents to apply for a loan through the AMP Credit Loan Application.
- Aadhar Card
- Pan Card
- Selfie
- Email Id
- Mobile Number
- Bank Account Details
AMP Credit Customer Care Details
| Official Website | No Website |
| Customer Service Number | Not Provided |
| Customer Service Mail | Support@AMPCreditservice.in [Not Working] |
| Office Address | Not Mention |
Pros & Cons of the AMP Credit Loan App
Before applying for a loan in AMP Credit Loan Application, you should know the Pros and Cons given by us.
- Easy Apply
- They Provide Low-Interest Rates.
- No Hidden Charges
- Safe and Secure [ SSL Encryption ]
- It is available on Playstore
- RBI Approved: No
- NBFC Partner: Fake
- PlayStore Review: Worst
- Google Review: Worst
- Office Address: Not Found
- Founder Name: Not Available
- Registration details: Not Available
- License or certificate: Not Available
- Social Media Account: No Social Media Account
AMP Credit Loan App Review [ With Proof ]
AMP Credit is a fake application, it can cheat you and also threaten you. I am not saying this just like that, I have proof I will show you in this post.
After Downloading the AMP Credit Loan app through Playstore or Google they ask to enable all options like Camera, Contact, Media, Location, All Email address, and device information.
If you are enabling all these options then you should understand that scams and fraud can happen to you, they can use your data to blackmail you.
Friends, according to our investigation, if you download and register this app, the loan amount will be automatically deposited to your account without your consent. To find out what happens to you after that, continue reading.
The reality is that this application gives you a loan only for 7 days and within these 7 days you have to pay 40% to 50% more interest on this loan which is more than the loan amount.
Let’s See an Example: Friends, suppose you have taken a loan of ₹ 5000 from an AMP Credit loan application. AMP Credit claims that it will be charged to you after one month according to your loan period But in Reality,
You will have to repay this loan within 7 days, along with this you will have to pay two to three times more interest, which means 7000 to ₹ 8000, and you will have to pay interest on a ₹ 5000 Loan.
AMP Credit App Real or Fake
Friends, according to the AMP Credit Loan App claims that it gives you loans ranging from Rs. 1,500 to Rs. 1.2 Lakh with fewer documents like Aadhar cards or PAN cards.
But In reality, AMP Credit is a fake application because this application is not registered with the NBFC or the RBI all shown in the app’s description is fake.
And when we wanted to know about their website, we could not find their website and their email is also not working.
How to get out of fake Loan Apps?
Friends, you are one of those people who download the loan application form without reading the reviews and then get stuck in it. Read reviews on techyloan.com to avoid using any loan app from now on.
This will assist you in avoiding downloading any fraudulent apps. Let us now know how to stay away from these applications.
- Don’t repay: If you are trapped in such fake loan applications then do not give them money. If you give money once then they will keep charging you money again and again.
- Do Complain: If you are being harassed by these fake loan applications then you can complain to them, it is your right.
AMP Credit Loan App Review
Summary
According to me, AMP Credit is a fake application, it can cheat you and also threaten you and it can use your data to blackmail you this application is 7 Days Loan Application or not registered with the NBFC or the RBI.
Friends, all these details show that AMP Credit is completely fake and a scam. Therefore my opinion is that you should not take a loan from this application.
Q Amp credit RBI approved?
Ans: No, AMP Credit is a fake application because this application is not registered with the NBFC or the RBI
Q Amp credit fake or real
Ans: Fake, AMP Credit is a fake application, it can cheat you and also threaten you.
Conclusion
AMP Credit Loan App Review: Friends, if you have read this post till now then you must have understood that the AMP Credit Loan App is a fake application.
Through this app, you can easily take a loan and they also add money to your account without your permission when the time of repayment comes, it can also put you in trouble.
It is up to you whether you want to take a loan from this app or not, but friends, if you liked this post then please share it with your, Friends, please leave a comment if you see any mistakes in the article.
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