Loan scam guide

Fake loan offer

Fake loan offers use instant approval messages, fake NBFC names, forged sanction letters, and advance fee demands. After payment, new fees are invented or the contact disappears.

Risk signal

Advance fee

Severity

high

Group

Loan

Common identifiers

Add identifiers that can be matched safely across reports, profiles, payments, and evidence without exposing unnecessary private data.

01

Loan agent phone

Use the exact loan agent phone shown by the scammer so CheckKaroo can link repeat signals and avoid weak matches.

02

Website

Use the exact website shown by the scammer so CheckKaroo can link repeat signals and avoid weak matches.

03

UPI ID

Use the exact upi id shown by the scammer so CheckKaroo can link repeat signals and avoid weak matches.

04

Bank account

Use the exact bank account shown by the scammer so CheckKaroo can link repeat signals and avoid weak matches.

Evidence to preserve

Keep proof in original form where possible. Screenshots help, but transaction IDs, URLs, timestamps, and chat context make moderation stronger.

01

Sanction letter

Capture sanction letter with date, time, sender, URL, or transaction context visible where possible.

02

Fee requests

Capture fee requests with date, time, sender, URL, or transaction context visible where possible.

03

Payment proof

Capture payment proof with date, time, sender, URL, or transaction context visible where possible.

04

Agent profile

Capture agent profile with date, time, sender, URL, or transaction context visible where possible.

First response

These steps reduce further loss and keep your report useful for review, banking escalation, platform reporting, and official complaints.

01

Verify lender registration

Do this early: verify lender registration helps reduce repeat contact, preserve proof, and keep escalation options open.

02

Do not pay advance fees

Do this early: do not pay advance fees helps reduce repeat contact, preserve proof, and keep escalation options open.

03

Report payment recipient

Do this early: report payment recipient helps reduce repeat contact, preserve proof, and keep escalation options open.

Urgent money loss

If money was recently transferred, call 1930 first and raise a bank or payment-app dispute. Speed matters for fund-freeze attempts.

Privacy boundary

Do not upload OTPs, passwords, full card numbers, full Aadhaar, private documents, or unrelated intimate media. Use masked, relevant evidence whenever possible.