Bajaj Finserv vs InstaMoney Personal Loan App: which loan app is safer
Bajaj Finserv replies to 99% of unhappy reviews on Google Play, InstaMoney Personal Loan App to 100%. InstaMoney Personal Loan App does not read your SMS; Bajaj Finserv does. InstaMoney Personal Loan App does not read your contacts; Bajaj Finserv does. Over the last 90 days of reviews, Bajaj Finserv averages 3.16 and InstaMoney Personal Loan App 2.65. The most serious complaint about Bajaj Finserv is "Credit report problems"; about InstaMoney Personal Loan App, "Pushed into things". We confirmed 1 of the 6 registration numbers Bajaj Finserv publishes on a regulator's register, and 0 of 2 for InstaMoney Personal Loan App.
| Bajaj Finserv | InstaMoney Personal Loan App | |
|---|---|---|
| Most serious thing people report | Credit report problems (5 of 400) | Pushed into things (23 of 400) |
| Does anyone answer complaints | 99% of low-star reviews · usually same day | 100% of low-star reviews · usually same day |
| Rating in the last 90 days | 3.16 (down 1.58 on lifetime) | 2.65 (down 1.88 on lifetime) |
| Last updated | this month | this month |
| Reads your SMS | yes | no |
| Reads your contacts | yes | no |
| Shows ads | yes | no |
| Numbers confirmed on a register | 1 of 6 | 0 of 2 |
| Charges we could source | 2 quoted | not extracted yet |
| Charges only in the terms | 2 | not extracted yet |
How to read this
Every row comes from a public source: the app store listings, the reviews people left there, and the registers kept by RBI, SEBI and IRDAI. Where a row says "Not known", we have not measured it yet, which is different from the answer being no. Qrates takes no commission from either app.
Full pages: Bajaj Finserv · InstaMoney Personal Loan App