Swift 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.
Swift Rupee is a fake application because 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. If you have to take a loan then you can take it from the Stashfin Loan App.
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Swift Rupee Loan App Real or Fake
Friends, the Swift 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 Swift Rupee loan is a fake application, it can cheat you and also blackmail you. I am not saying this just like that, I will tell you with proof in this post.
Swift Rupee Loan Application claims that it will provide you loan at the lowest interest rate [ 18.25% ]. It also claims that its repayment period is longer than other applications.
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 Swift Rupee loan application. Swift Rupee claims that it will be charged to you after one month or after 3 months, but it is not.
So, you will have to repay this loan within 7 days and will have to pay two to three times the interest, which means Rs. 3500 to 4000 more interest will have to be paid on the 2000rs loan.
Read Also: Rupee Empire Loan App Review
Basic Detail: Swift Rupee Loan App
- Swift Rupee loan Amount: In Swift Loan Application, you can take loans from ₹ 50 thousand to ₹ 50 lakh but the truth is something else, in this app you can only get loan up to ₹ 20000 or below.
- Swift Loan App Tenure: The Swift Loan App also claims that it gives you loans from 91 days to 120 days but it is not so, it gives you a loan only for 7 days.
- Swift Rupee Loan APR: In the Swift Loan application, you are charged 18% interest which is completely wrong, this application charges you 40 to 50% in a week.
- Swift Loan App Download: Friends, it has 20k downloads on Play Store which have come by running ads on Google and Facebook.
- Swift Loan App Rating: Friends, only this application has received a 4.5-star rating out of 3000 reviews, and it has been purchased.
| Application Name | Swift Rupee Loan |
| Who launched | Vigelle Financial Services Limited |
| Personal Loan | ₹50k to ₹50L |
| Interest Rate | 18.25% Per annum [ Fake ] |
| Loan Tenure | 3 to 12 months |
| Launched Year | 2022 |
| Application size | 8 MB approx |
| Total downloads | 20k Install |
| Rating on Play Store | 4.5 [ Paid ] [ Fake Review ] |
| Real or Fake | Read Full Article |
| Website | No Website |
| NBFC Registered | No |
Swift Rupee Loan App Review Complaints
Swift Rupee Loan App Review: Friend, a complaint against the Swift Rupee app was filed by Bhaskar on December 5, 2023. Bhaskar ji says that he had clicked on the Swift loan application by mistake and they transferred Rs 11700 to his account without any documents or any agreement.
And after 5 days he started calling, messaging him, and harassing him and they are threatening to pay 19,500rs —40% more than the loan amount.
| Name of Complainant | Bhaskar |
| Date of Complaint | December 5, 2023 |
| Name(s) of companies complained against | Swift Rupee |
| Category of complaint | Cyber Crime |
| Permanent link of complaint | Right click to copy link |
Complaint 2
Swift Rupee Loan App Review: Friends, we are going to tell you another complaint against the Swift Rupee application. This Complaint was filed by Shashank on September 19, 2023.
According to Shashank, he applied for a loan from Swift Loans and was charged more than the 40 percent loan amount. He refused to give the loan, and as a result, the employees of Swift Loans began blackmailing him.
They took her picture, edited it into a nude picture, and sent it to all of her contacts. He claims he has no choice but to end his life.
| Name of Complainant | Shashank |
| Date of Complaint | September 19, 2023 |
| Name(s) of companies complained against | Swift Rupee |
| Category of complaint | Internet Services |
| Permanent link of complaint | Right click to copy link |
Conclusion
Swift Rupee Loan App Review: Friends, if you have read this post till now then you must have understood that the Swift 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.
