Nowadays if you visit the Google Play Store and loan app then you will find plenty of apps that will provide varieties of loan in just 5 minutes. This is their version, but if you try once then one can understand how much time they take. Since past one week I was getting a msg in my phone from Smart Coin. It was written.
"Are you facing financial crunch? Then get the loan in 2 mins From your mobile.
Once I overlooked it, on second day I saw the message and delete it, on third day I could not.
I downloaded the App, and registered in it by using my gmail I.d.
Then they just asked me to submit to the KYC documents and choose the amount you desire. I followed the steps accordingly. I submitted my Aadhar card, PAN card, Residential proof, Selfie, 3 months Bank statement.
After submitting this they said me the my loan application is in process and will inform me as soon as it is verified.
After 10 mins I received the message that my documents has been verified. So opened the App again. Clearly it was written that customer your credit worth is 1000 Rs. I was bit surprised but thought that something is better than nothing.
Then they said me to submit my bankdocumenta where I would wish the money to be transfers.
I gave them by bank A/C ., Iifsc code. Then it showed that your loan is processing, give us some time to verify your account.
After ten minutes I opened the App to check the status, I saw my Bank details was verified but still the processing word was there.
Today it is 4th day, again same processing word is their in my dashboard.They took all my invaluable privacy data. I would like go suggest my dear friends not to believe in any kinds of App related with your financial activities and specially try to omit this SmartCoin App. On writing the customer service for three days, they replied me that my Aadhar and selfie are not accepted so I need to submit, I submitted. After 10mins they said me about PAN Card and this series went on for nearly Two hours. The worst App having no credentials at all is this Smartcoin Loan App. I am doubtful that in the name of loan they collect all the informations which are very much private and they sell it to the third party. Beaware I don't want to see others writing about them again. Photo has been attached with this please have a look once.