If you need immediate funds and are looking for a loan app, the KishtoPe Loan App is a new option available in the market. This app offers loans ranging from ₹1,000 to ₹5,00,000, with repayment tenures of up to 24 months. However, it is essential to thoroughly vet the app before borrowing, as there are many fraudulent loan apps currently in circulation. If you are considering taking a loan from the KishtoPe Loan App, this article will be useful; it provides comprehensive information to help you decide whether or not to proceed with the loan.
About the KishtoPe Loan App
KishtoPe Loan is a digital lending platform operated by Mahautkarsh Securities and Finance Pvt. Ltd., an RBI-registered Non-Banking Financial Company (NBFC). The app offers loans ranging from ₹1,000 to ₹5,00,000, with repayment tenures of up to 24 months. These loans are disbursed through its RBI-registered NBFC partner, Mahautkarsh Securities and Finance Pvt. Ltd.
However, when obtaining a loan from KishtoPe Loan, we observed that the initial loan amount offered was only ₹4,000; of this, ₹3,764 was credited to the bank account, and the repayment tenure was 14 days. After 14 days, a total of ₹4,280 had to be repaid.
For example
If you take a loan of ₹4,000 from the KishtoPe Loan App, you can refer to the details below.
| Loan amount | ₹4,000 |
| Loan tenure | 14 days |
| Processing fee | ₹200 |
| GST | ₹36 |
| Amount credited to bank account | ₹3,764 |
| Interest amount | ₹280 |
| Total repayment amount | ₹4,280 |
Note:- This is a general overview of our loans; details may vary based on your profile.
KishtoPe Loan App – Signs of a Scam
Before downloading the KishtoPe Loan App, it is crucial to be aware of certain important warnings and red flags.
Hidden Fees
If you take a loan of ₹4,000 from the KishtoPe Loan App, only ₹3,764 is credited to your bank account, whereas you are required to repay a total of ₹4,280. This means you end up paying ₹516 extra over a period of 14 days. You should definitely verify this information.
Policy Violations
Although the KishtoPe Loan company claims to offer loans of up to ₹5,00,000 with tenures ranging from 6 to 24 months, in reality, loans of only ₹4,000 are being issued for a 14-day period; this violates RBI regulations.
False Promises
The KishtoPe Loan company promises emergency loans ranging from ₹6,000 to ₹5,00,000; however, in practice, only loans of ₹4,000 with a 14-day tenure are being provided—a practice that goes against RBI policies.
Coercive Recovery Tactics
Some users have complained about coercive recovery methods—including unauthorized access to their contact lists—tactics often seen in fraudulent loan apps.
Verification with RBI
Given the rising number of fake loan apps, users are advised to verify the registration status of KishtoPe Loan’s NBFC partner Mahautkarsh Securities and Finance Pvt. Ltd. on the official RBI website.
Things to Keep in Mind When Applying for a Loan
- When applying for a loan, be wary of apps that request excessive permissions—such as access to your contacts or photo gallery—as this information could be misused.
- Before applying for a loan, ensure that the lending app is registered with the Reserve Bank of India (RBI).
- Carefully read all terms and conditions, interest amounts, fees, and other relevant details before accepting any loan offer.
- Make sure to compare interest rates and processing fees with those of other lending companies.
- Always avoid loan apps that demand payment before processing your application.
KishtoPe Loan App Real or Fake
Although some people view the KishtoPe Loan App as a “miracle” solution for emergency loans, the reality is quite different. The company claims to offer instant loans of up to ₹5 lakh with a tenure of up to 24 months; however, in reality, they are issuing loans of only ₹4,000 with a tenure of just 14 days—requiring repayment in two EMIs within that short period. The promises made by the KishtoPe loan company have proven to be false, suggesting that the company was created solely to trap users in a processing fee scam. Users are advised to verify that the company’s NBFC partner, Mahautkarsh Securities and Finance Pvt. Ltd., is indeed registered with the RBI.
KishtoPe Loan Company Customer Support
Phone and WhatsApp Support
- Customer Support: +91 8600-200-122 (or chat on WhatsApp)
- Retailer Support: +91 8602-270-603
- Dedicated WhatsApp Number for Personal Loans: 8358-999-922
Availability: Monday to Saturday, 9:00 AM to 7:00 PM
FAQ
Is the KishtoPe loan app genuine or fake?
Although the app claims to be a legitimate lending platform in partnership with an RBI-registered NBFC—Mahautkarsh Securities and Finance Pvt. Ltd.—many users consider it misleading. It promises large loan amounts and long repayment tenures, but in reality, it offers small loans for only 14 days with significant hidden fees, a practice typical of fake loan apps.
Who is the lending partner for KishtoPe loans?
KishtoPe claims to provide loans through Mahautkarsh Securities and Finance Pvt. Ltd., an RBI-registered Non-Banking Financial Company (NBFC).
What is the actual loan amount and tenure?
Actual user experiences indicate that they initially offer a loan of ₹4,000 for a very short tenure of just 14 days, structured as two weekly EMI installments.
at hidden fees are involved with KishtoPe loans?
For a loan of ₹4,000:
- Only ₹3,764 is credited to your bank account
- after deducting a ₹200 processing fee and ₹36 GST.
- You are required to repay ₹4,280.
- You end up paying an extra ₹516 for a 14-day tenure.
Note: This article is written for informational purposes only. If you download the KishtoPe Loan App and decide to take a loan through it, please exercise prudence and caution.