How to Protect Yourself from Loan Fraud
Red Flags
- Upfront fees before disbursement
- No documentation or agreements
- High-pressure tactics or threats
- Too-good-to-be-true interest rates
- Unverified lender identity
How Lend Astra Protects You
- Every lender is KYC verified (Aadhaar + PAN)
- All terms documented in legal agreements
- Immutable, tamper-proof transaction records
- Dispute resolution workflows
- Community ratings for lender trustworthiness
Report suspected fraud to RBI's Sachet portal or your local cyber crime cell.
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This article is for general awareness only and is not legal, tax, financial, or investment advice. Please consult a qualified professional for your specific situation.
