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Empower Your Finances, Not the Fraudsters
Taking a loan should empower you, not put you at risk. With rising digital threats, fraud prevention is crucial to ensure your money and data stay safe while borrowing responsibly.
Rising loan frauds in India
Loan-related frauds have sharply increased across India. Over 92% of bank fraud amounts linked to loans, reaching approximately ₹3,33,148 crore in 2024-25.
Warning signs of fraudulent lenders
Red Flags
- Asking for upfront fees for loan approval
- Unregistered or fake apps with no physical address
- Guaranteed loan offers with zero eligibility checks
- Fake recovery agents threatening arrest or legal action
- Calls demanding OTPs, passwords or CVV details
Green Flags
- Lender is registered with RBI or NBFC regulations
- Transparent loan terms, interest rates and no hidden charges
- Secure website and verified app on Play Store/App Store
- Customer care support with verified contact details
- Legitimate physical address and proper grievance redressal
Tips for safe borrowing
Always borrow from a verified lender registered with the RBI.
Use official websites or apps downloaded via Play Store/App Store.
Never share PAN, Aadhaar, or personal info with unknown sources.
Read the loan agreement carefully and always ask for the Key Facts Statement (KFS).
Why Fibe is India’s most trusted personal loan provider?
- Regulated NBFC under RBI guidelines
- ISO/IEC 27001 Certified and PCI-DSS app journey
- 7 million+ happy customers served across India
- End-to-end paperless, secure and fast loan processing
- No hidden charges or upfront processing fee demands
- 24/7 support and verified digital presence
- Transparent and robust data safety practices
Scam alerts & security tips backed by Fibe
Fibe follows the highest standards of data security, adhered to RBI guidelines and consumer protection. Your information is encrypted, transactions are safe and every loan is processed transparently.
At Fibe, your safety comes first. Here’s how you can stay vigilant:
Get your personal loan safely with Fibe
Here’s a quick access to our easy-to-use loan calculator where you can check your loan amount, EMI and other details instantly
FAQs on fraud prevention
If you suspect fraud, stop all transactions immediately. Gather evidence like receipts and emails. Secure your accounts by changing passwords and notifying your bank. Report the fraud promptly to authorities such as the FTC or FBI. Monitor your accounts closely and seek legal advice if needed to protect yourself and prevent further loss.
Legitimate lenders may charge a loan origination or application fee, usually ranging from 0.5% to 8% of the loan amount, which covers processing costs. These fees are disclosed upfront and can sometimes be rolled into the loan balance. However, no reputable lender asks for fees before approving the loan, and advance fee loan scams should be avoided. Fibe doesn’t ask for any fees before approving or processing your loan. Always verify fee details with your lender directly.
Fibe is ISO/IEC 27001 certified and its PCI-DSS app-based journey makes the loan application super secure and easy to apply.
Unverified apps, no RBI registration, hidden charges and lenders that demands upfront fees.
If you suspect a personal loan fraud, report it immediately at cybercrime.gov.in or call the 1930 cyber helpline. You can also file an FIR at the nearest police station. In addition to that you can also notify your bank or lender through their official grievance redressal channel to prevent misuse.
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