Fast Rupee Loan App Review: Real or Fake

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Fast Rupee Loan App Review: Hello friends, welcome to our website Techyloan, in today’s post we will talk about an application that provides you with various types of loans, but the question is whether this app is real or not.

Fast Rupee is a fake application because this application is not registered with the NBFC or the RBI.

It gives you a loan only for 7 days which is very short and you have to pay a very high interest rate on it, so do not take a loan from this application.

Friends, if you have to take a loan then you can try the Stashfin Loan App, it is a perfect application.

Fast Rupee Loan App Real Or Fake [ Full Review ]

Friends, the Fast Rupee application was launched in the year 2022 and it claimed that it gives you this emergency loan without your civil score and income proof, which is completely wrong.

Because the Fast Rupee loan 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 Fast Rupee App 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.

Fast Rupee Loan App claims it will provide you with a loan at the lowest interest rate [ 24% Pa ]. It also claims that its repayment period is longer than other applications which is 90 days to 365 days.

But 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 ₹ 2000 from a Fast Rupee loan application. Fast Rupee claims that it will be charged to you after one month or after 3 months 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 3500 to ₹ 4000, you will have to pay interest on ₹ 2000 Loan.

Fast Rupee Loan App Review: [ Full Scam ]

Fast Rupee is a fake app and a scam, it is a completely unsafe application. I have several reasons why this app is fake or a scam. After doing some research I found that this application is not available on Playstore and also has no social media presence.

Application NameFast Rupee
Who launchedAliom Investment Private Limited
Personal Loan₹1k to ₹50K
Interest Rate24% Per annum [ Fake ]
Loan Tenure90 days to 365 days
Launched Year2022
Application size6 MB approx
Total downloads5k Install
Rating on Play Store4.8 [ Paid ] [ Fake Review ]
Real or FakeRead Full Article
NBFC RegisteredNo
RBI ApprovedNo
  • RBI Approved: No
  • NBFC Detail: Not Found
  • Registration details: Not Available
  • License or certificate: Not Available
  • Privacy policy: Not fully Clear
  • Customer service: Wrost
  • Play Store Review: Bad
  • Founder Name: Not Available
  • Office Address: Not Found
  • CIBIL score: Not Mandatory [ Doubt full ]
  • Social Media Account: No Social Media Account
  • Google Play Store and App Store: Now Not Available

Friends, all these details show that this app is completely fake and a scam. Therefore my opinion is that you should not take a loan from this application.

Fast rupee loan app review complaints

Fast Rupee Loan App Review: Friend, a complaint against the Fast Rupee app was filed by Prathmesh on August 3, 2023. 

According to Prathamesh, he used the Fast Rupee application to get a loan of ₹ 5000. After making a total payment of ₹ 8000, he was informed that the loan was not repaid and if the repayment was not made an offensive photo would be taken and forwarded to your contact list.

  • Fast rupee loan app review
Name of ComplainantPrathmesh
Date of ComplaintAugust 3, 2023
Name(s) of companies complained againstfast rupee
Category of complaintCyber Crime
Permanent link of complaintRight click to copy link

Complaint 2

Fast Rupee Loan App Review: Friends, we are going to tell you another complaint against the Fast Rupee application. This Complaint was filed by Nithin on July 27, 2023.

According to Nitin ji, he borrowed money for seven days via the Fast Rupee app, but on the fifth day, he began requesting payment and threatened to post my picture on a pornographic website if I didn’t repay him.

  • Fast Rupee Loan App Review
Name of ComplainantNithin
Date of ComplaintJuly 27, 2023
Name(s) of companies complained againstfast rupee
Category of complaintInternet Services
Permanent link of complaintRight click to copy link

Fast Rupee Loan App Review: Friends, if you have read this post till now then you must have understood that the Fast Rupee 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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