I want to warn everyone about a loan app called “GaneshFast Personal Loan”. I applied thinking it was legitimate. It showed higher loan amounts and normal tenure, but after applying, only ₹900 was credited instead of the higher amount shown, the repayment tenure is just 7 days, and the charges and terms were completely misleading.
The app also asked for sensitive permissions like contacts and personal details. After checking reviews, I found many people saying payment failures, increasing dues even after paying, threats of contacting family/friends, and blackmail using edited photos.
I have already removed all permissions, changed all passwords and MPIN, uninstalled the app, and reported it on Play Store and to cybercrime authorities. My due date is 30th March and I’m preparing to follow an ignore/block strategy if harassment starts.
I’m posting this to warn others not to install or trust such apps, and to ask if anyone here has dealt with similar apps and what actually happened after the due date.
If you’re using any instant loan app, please be careful: avoid apps with very short repayment (7 days), never give contacts/gallery access, and always verify if it’s RBI registered.
Would really appreciate advice or shared experiences from others 🙏