Touch 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.
Friends, you might be surprised when you see how many loan provider apps there are on the Play Store. We have no idea if these apps are genuine or not.
Friends, in today’s time money has become everyone’s need. People keep doing something or the other to earn this money, they do jobs, they do labor work, and they do business just to fill their stomachs.
Touch Rupee Loan App claims it will give you the loan at the lowest interest rate. we’re going to talk about one such app called Touch Rupee. Is it real or fake? we’ll discuss it.
In this article, we’ll find out if the Touch Rupee Loan App can give you a loan and, if so, how much, and we’ll also discuss the negative effects of not making loan payments.
Contents
What is the Touch Rupee Loan App Review?
Friends, in today’s time everyone needs a loan but due to some reason they are not able to take a loan from their relatives or the bank, but now a days many such applications have come in the market that give you this loan.
There is one such application, its name is the Touch Rupee Loan Application. This application claims that it will give you a loan easily and at low interest. Is it true?
This application claims it will provide you with a loan in the amount of ₹ 1000 to ₹ 50000, with low interest for 3 months to 12 months. but, when we tried to search online, we found the interest rate to be from 18% to 42%. per annum.
Read More: Hero Rupee Loan App Review
| Application Name | Touch Rupee Loan |
| Who launched | Touch Rupee Ltd |
| Personal Loan | ₹1,000 to ₹50k |
| Interest Rate | 18% to 42%. Pa |
| Loan Tenure | 3 to 12 months |
| Launched Date | 20th of December 2022 |
| Application size | 20.49 MB approx |
| Total downloads | 5k Install |
| Rating on Play Store | No Rating Star |
| Real or Fake | Read Full Article |
| Website | https://touchrupee.com/ |
| NBFC Registered | No |
Types of Loans in Touch Rupee Loan
Friends, as we know people get many types of loans but in this application, you get a small personal loan. For Example
- Loan amount: Ranges from ₹1,000 to ₹50,000
- Interest rate: 1.5% to 3.5% per month, translating to an APR of 18% to 42%
- Loan tenure: Typically ranges from 3 to 12 months
- Repayment: Fixed monthly installments
Touch Rupee Loan App Real or Fake
Touch Rupee Loan App Real or Fake: Do you want to know, friends, if the Touch Rupee Loan App is fake or real? Therefore, we would like to inform you that this is a fake application as well as a fraudulent loan application.
Friends, the Touch Rupee Loan App claims that it gives you loans ranging from ₹ 1000 to ₹ 50000 which is completely fake. This application does not give you a loan of more than ₹ 20000, it gives loans only in small amounts.
It is entirely inaccurate this application offers you a loan for 3 to 12 months; in reality, it only offers you a loan for 15 days.
Friends, the Touch Rupee Loan App claims that it is registered with NBFC but it is not so, it is not registered with NBFC. Also, It says it gives you in loan at a low interest rate but in reality, the loan interest starts at 18% to 42% Per annum.
| Is Touch Rupee Loan App Real or Fake | Fake and not secure |
| Can we trust Touch Rupee Loan App | Not at All |
Friends, we want to tell you an example of why the Touch Rupee Loan Application is not good and why you cannot trust it.
- This Loan App Removed from Playstore.
- This Loan App is not NBFC Registered.
- This Loan App is not RBI-approved.
- This Loan App has no presence in Social Media.
- This Loan gives you a loan but with high-interest rates.
- This Loan App has a bad review on Google.
- This Loan has many complaints in consumer court.
Touch Rupee Loan App Registered Complaint
Touch Rupee Loan App Review: Friend, recently a complaint against the Touch Rupee app was filed by Karan K on February 21, 2023, Friends, Karan ji tells that he had once taken a loan from Touch Rupi loan application but he had repaid his loan, in fact, he had paid more than the loan amount,.
but still the employees of Touch Rupi are harassing him and calling him again and again. They are telling that they have hacked their data and are misusing their Aadhaar card and PAN card.
| Name of Complainant | Karan K |
| Date of Complaint | February 21, 2023 |
| Name(s) of companies complained against | Touch rupee loan app |
| Category of complaint | Internet Services |
| Permanent link of complaint | Right click to copy link |
Complaint No, 2
Touch Rupee Loan App Review: Friends, we are going to tell you another complaint against the Touch Rupee application.
Friends, Tarun ji says that without his permission, ₹ 2100 was deposited in his account through a Touch Rupee loan application, and within 7 days, ₹ 3500 was demanded from him.
He says that he gets WhatsApp messages from random numbers harassing him and scaring him that his Aadhar card PAN card and mobile contacts will be circulated in his circle.
| Name of Complainant | Tarun K |
| Date of Complaint | February 18, 2023 |
| Name(s) of companies complained against | Touch rupee loan app |
| Category of complaint | Banking |
| Permanent link of complaint | Right click to copy link |
Conclusion
Touch Rupee Loan App Review: Friends, if you have read this post till now then you must have understood that the Touch Rupee Loan App is a scam application, through this app, you can easily take a loan and without your permission, they put money in your account and also when the time of repayment comes, it can 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.
