Taking a Personal Loan from any random application can make you in trouble. Don’t worry we are here to detect fake & real loan applications by providing authentic knowledge regarding loan apps and users’ reviews.
Today we are here to review another loan application known as Cashgain – Credit Loan offered by NIGANIA FINANCE PRIVATE LIMITED. In this review I will share is CashGain is a real app or not. I will recommend all read the complete review and also write a short review about this application upon your personal experience.
| App Name | Cashgain – Credit Loan |
| App Version | 1.0.2 |
| Downloads | 1,000,000+ downloads |
| Offered by | NIGANIA FINANCE PRIVATE LIMITED |
| Loan Tenures | 91 to 365 days |
| Interest rate | 5% – 30% per annum |
| Processing fee | Starts from 350 Rupees |
| Convenience Fee | Starts from 100 Rupees |
Cashgain Loan App Overview
Cashgain is a loan application available on Google Play Store that provides personal loans at a lower interest rate and high flexibility. Cashgain is offered by NIGANIA FINANCE PRIVATE LIMITED and this app has more than 10 lakhs downloads.
According to them, they provide personal loans at an interest rate of 5% to 30% per annum with loan Tenures of 91 to 365 days. They also charge some processing fees and Convenience fees.
Upon Checking out these things on Play Store it seems to be a legit application. But after reading reviews and chatting with some users I saw many faults in this app that we will discuss further.
Cashgain App is RBI Approved
According to CashGain App, they are RBI approved with a proper license. But every RBI-approved website & app can be or can’t be trusted. I have discussed a lot of points about this application that makes it a non-trusted and fake applications.
Pros & Cons of Cashgain Loan App
- Easy to Use.
- No paperwork.
- Lower Interest Rate
- Good Repayment Time
- Everyone can apply ( 21+ ).
- No Hidden Processing Fees.
- Bad Reviews.
- Data Piracy.
- Credit a lower amount than the Loan amount.
- No proper repayment method.
- No Customer Support.
- Harassment and Blackmailing.
Cashgain App Real or Fake
According to me, Cashgain is a fake application that provides loans but has no proper repayment method and no customer support. Here is the following reason why Cashgain is a fake mobile application:
- No Customer Support: This loan app does not provide customer support because all of their official number and email IDs do not reply to a user.
- No Repayment Options: Cashgain does not provide a valid UPI ID for repayment. Whenever a user tries to repay it shows an invalid UPI ID and they change UPI ID within minutes.
- No Full Credit in Bank Account: The major issue with this app is that it does not credit loan amounts in your bank account. A user told me that he got only 900 rupees when he applied for a 1500 rupees loan.
- Harassment Messages: This app blackmail and Harass users through messages and calls.
- Data Piracy: They access your data and use it to blackmail and harass a user.
How to apply for a loan from Cashgain?
- Download and Install Cashgain Loan App from Google Play Store.
- Sign Up or Sign In using your Mobile Number.
- Provide your details like Selfie, PAN or AAdhar Card, and Bank Account Statement.
- Apply for the Loan and wait for some time.
- Once it is confirmed money may be credited to your bank account.
Cashgain App Customer Care
- Email ID: support@cashgain.com
- Mobile Number: 11 4667 2827
- Address: 801, Eros Corporate Tower, Nehru Place, New Delhi 110019
FAQs
What is Cashgain Loan App?
Cashgain is a loan application available on Google Play Store that provides personal loans at a lower interest rate and high flexibility. Cashgain is offered by NIGANIA FINANCE PRIVATE LIMITED and this app has more than 10 lakhs downloads.
Cashgain is Real or Fake?
According to me, Cashgain is a fake application that provides loans but has no proper repayment method and no customer support.
CashGain Loan App Review
Cashgain – Credit Loan
Summary
In my opinion, Cashgain is not a legit application because it does not value users. They provide fake repayment methods and harass users on calls and messages. The main issue with this application is that it does not credit the loan amount in your bank account.