Mobile Rupee Loan App Reviews: 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.
Mobile 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.
Contents
Mobile Rupee Loan App Real Or Fake [ Full Review ]
Friends, the Micro Rupee application was launched in the year 2020 and it claimed that it gives you this emergency loan without your civil score and income proof, which is completely wrong.
Because the Mobile Rupee loan is a fake application, it can cheat you and also blackmail you. I am not saying this just like that, I have proof I will show you in this post.
The mobile Rupee application requests a security deposit before issuing you a loan; this is a form of fraud in the loan industry, and it is completely a fraud application.
Mobile Rupee Loan App claims that it will provide you loan at the lowest interest rate [ 36% Pa ]. It also claims that its repayment period is longer than other applications which is 91 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 Mobile Rupee loan application. Mobile 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.
Read Also: Golden Rupee Loan App Review
Mobile Rupee Loan App Reviews: [ Full Scam ]
Mobile 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 Name | Mobile Rupee |
| Who launched | Mobile Rupee |
| Personal Loan | ₹3k to ₹20K |
| Interest Rate | 18% 36% Per annum [ Fake ] |
| Loan Tenure | 91 days to 365 days |
| Launched Year | 2020 |
| Application size | 5 MB approx |
| Total downloads | 1M Install |
| Rating on Play Store | 6.9 [ Paid ] [ Fake Review ] |
| Real or Fake | Read Full Article |
| Website | No Website |
| NBFC Registered | No |
| RBI Approved | No |
- 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.
Mobile rupee loan app reviews complaints
Mobile Rupee Loan App Reviews: Friend, a complaint against the Mobile Rupee app was filed by Majid Shaikh on January 14, 2023.
According to Majid Ji, he downloaded the app from the Play Store to apply for a loan. When he downloaded the application and filed his information in it, he was asked for a security deposit of ₹ 699.
Additionally, he used the Paytm app to pay the security deposit, but he was not granted any kind of loan.
| Name of Complainant | Majid shaikh |
| Date of Complaint | January 14, 2023 |
| Name(s) of companies complained against | Mobile rupee pro |
| Category of complaint | Banking |
| Permanent link of complaint | Right click to copy link |
How to get rid of the Mobile Rupee App
Conclusion
Mobile Rupee Loan App Reviews: Friends, if you have read this post till now then you must have understood that the Mobile 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 they ask for a security deposit before you apply and 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.
