We would like to bring to the attention of all those availing our services that we are a legitimate loan-providing organization with the necessary authorization from the RBI to disburse loans to eligible clients. It has come to our notice that imposters and fraudulent individuals are impersonating us through illicit means, demanding unauthorized fees with false guarantees of loan approvals. We strongly condemn such fraudulent impersonation and hereby alert the general public that we do not charge any upfront fees for our loans. Anyone claiming otherwise is not associated with our organization.
Disclosure
We have observed that certain malicious individuals have created fake email IDs and website domains, causing confusion among our customers by using names similar to Paisaintime. We have also noticed that many potential customers have been misled by scammers making false and deceptive promises.
Therefore, we warn the general public to:
1. Be cautious of any fake email IDs, websites, advertisements, or domains impersonating Paisaintime and falsely offering salary advances at low interest rates, collecting customer data, or requesting upfront payments for loan processing.
2. Understand that our credit partner follows a rigorous process to review every credit request/application while complying with legal guidelines. Paisaintime or any of our employees will never require any prepayment from clients before loan disbursement.
3. Verify that official emails from us will always contain @paisaintime.com and will never originate from domains such as Hotmail, Yahoo, Gmail, or others.
Therefore, we urge the public to exercise caution before engaging with such scammers or responding to fake advertisements, websites, emails, or calls, to protect themselves from potential criminal activity.
We also encourage our prospective customers to report any suspicious activity resulting from such illegal practices to the relevant authorities in their jurisdiction as soon as possible. At Paisaintime, we strongly advise the public, prospects, and customers never to share their OTPs or passwords with anyone, including Paisaintime staff.
Please note that anyone engaging with scammers does so at their own risk and responsibility. Paisaintime bears no liability for any losses incurred.