Protect Yourself from Loan Scams

Stay alert and secure while applying for loans. Learn how to identify and avoid fraudsters.

Getting a loan should be safe and simple. Unfortunately, many fraudsters try to cheat people by asking for money in the name of loans.

How Scammers Operate

Call, WhatsApp, or email pretending to be from banks

Ask for "processing fees" or "insurance" money

Disappear after receiving payment

Loan applications are free

No advance payments before loan approval

Always verify company credentials

Never pay upfront - Don't transfer money to unknown accounts

Verify details - Check company information before sharing data

Use trusted lenders - Only approach registered banks/NBFCs

Report suspicious activity - Alert authorities about fraud attempts

We never charge any upfront fees. Your security and trust are our top priorities.