In this article, we will learn about RupeeGo Loan App. If you are thinking of taking a loan by downloading RupeeGo Loan App, then first know about this loan app in detail. RupeeGo Loan App claims to provide loans ranging from ₹500 to ₹100000, with a repayment period of 3 to 5 months. However, it is important to check the app thoroughly before taking a loan, as there are many fraud loan apps available nowadays. If you are thinking about taking a RupeeGo Loan, then this article will be helpful; it gives you complete information to help you decide whether you should take it or not.
About the RupeeGo Loan App
RupeeGo is a loan platform—it lists CENTAURS INFO TECH PRIVATE LIMITED as an NBFC. It claims to offer loans ranging from ₹500 to ₹1,000,000, with repayment periods ranging from 3 months to 5 months. According to the RupeeGo Loan App, these loan amounts are disbursed through its RBI-registered NBFC partner, CENTAURS INFO TECH PRIVATE LIMITED.
But, after taking a loan from RupeeGo loan app, we found that the claims made by this loan app were false. With an initial loan of ₹2,000 for just 7 days, we received ₹2,000 in our bank account, and we have to pay ₹2800 after every 7 days, which proves that this loan app is only designed to cheat us with interest and processing fees. This 7 DAY loan app is fake.
For example
If you take a loan of ₹2,000 from the RupeeGo Loan App, you might see these details:
| Loan Amount | ₹2,000 |
| Loan Tenure | 7 Days |
| Amount Credited to Bank Account | ₹2,000 |
| Interest Amount | ₹800 |
| Total Repayment Amount | ₹2,800 |
Note:- This is a general overview of the loan; details may vary depending on your profile.
Benefits of the RupeeGo Loan App
- Fast money – Money is credited to your account within 10-60 minutes.
- Fewer documents required – Aadhaar card, PAN card, and some basic information.
- Loan even with bad credit – Even people with poor credit scores can avail of a loan.
- Emergency help – This comes in handy if you need money suddenly.
Disadvantages of the RupeeGo Loan App
- High interest – 1-3% APR per day, or 300-1000%. Short term: Payment must be made within 7 days.
- Risk of getting trapped – If you don’t make payments on time, interest will increase.
- Data theft – Many apps sell your data.
- Harassment – If you don’t make payments on time, you may receive threatening calls.
Caution:- Take loans only in emergencies, limit your repayment amount, and choose only RBI-registered apps.
RupeeGo Loan App – Red Flags
Before applying for a RupeeGo loan, it’s important to be aware of some important warnings and red flags.
High Interest
If you apply for a RupeeGo loan, be aware of the processing fees and interest. If you take out a loan of ₹2,000, ₹2,000 is credited to your bank account, while you have to repay ₹2,800 in 7 days. This means you’ll have to pay an additional ₹800 in 7 days. You should verify this information.
Policy Violations
Although the RupeeGo Loan App claims to offer loans ranging from ₹500 to ₹100,000 with a loan term of 3 to 5 months, it actually offers loans ranging from ₹1,000 to ₹2,000 for a period of 7 days. This is designed to deceive users into paying processing fees and interest, which violates RBI regulations.
False Promises
The RupeeGo Loan App promises emergency loans through its NBFC partner, CENTAURS INFO TECH PRIVATE LIMITED. However, this loan app is designed solely to harvest your data.
Coercive Recovery Tactics
Some users have complained of coercive recovery tactics—including accessing their contact lists without permission—which are often seen in fraudulent loan apps.
RBI Verification
Given the increasing number of fake loan apps, users are advised to check the registration status of the RupeeGo Loan App NBFC partner, CENTAURS INFO TECH PRIVATE LIMITED, 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 ask for excessive permissions—such as access to your contacts or photo gallery—as this information could be misused.
- Before applying for a loan, make sure the lending app is registered with the Reserve Bank of India (RBI). However, the RupeeGo Loan App claims to be registered with CENTAURS INFO TECH PRIVATE LIMITED.
- Before accepting any loan offer, carefully read all terms and conditions, interest amounts, fees, and other important details.
- Be sure to compare interest rates and processing fees with those of other loan companies.
- Always avoid loan apps that ask for payment before processing your application.
FAQ
How to download the RupeeGo Loan App
This loan app is not available on the Google Play Store. You can apply for a loan through the website https://rupeego.app/, but this is not an RBI-registered loan website. Apply on another RBI-registered loan app.
Is my data safe with the RupeeGo Loan App?
RupeeGo claims it prioritizes your data security and uses advanced encryption and secure systems to protect your personal and financial information. However, after taking a loan from the RupeeGo Loan App, we discovered it was a fake loan app offering a 7-day loan.
What documents are required for RupeeGo loan approval?
Typically, you need proof of identity (Aadhaar/PAN), address proof, and basic information details.
What are the interest rates and charges on the RupeeGo Loan App?
Interest rates and fees depend on your profile, loan amount, and term. They can range from 1% to 3% per day.
How long does it take for RupeeGo loan approval and disbursal?
RupeeGo loan approvals are typically completed within a short time, and once approved, funds are transferred directly to your bank account.
What is the RupeeGo loan app and who operates it?
RupeeGo is a digital lending platform operated by CENTAURS INFO TECH PRIVATE LIMITED, which claims to be an RBI-registered NBFC.
How do I apply for a loan on the RupeeGo loan app?
You can apply online by filling out a simple application form on the website. Submit your basic information, upload the required documents, and…
Note:- This article is for informational purposes only. If you download the RupeeGo loan app and decide to take out a loan through it, please exercise prudence and caution.