Softonic review

A free program for Android, by KRISHNENDU BANERJEE.

MagicLoan is an online micro-loan company that provides fast and convenient services for its users in India.

The entire process of applying for a loan and receiving the money is done online. The user is required to submit their basic information, income, and assets to us, and the amount of the loan is immediately credited into their bank account. The loan amount ranges from Rs 3,000 to Rs 30,000. The interest rate is 16% per annum, and the tenure is from 91 to 365 days.

Our business is regulated by the RBI and is responsible for the loans and investments that it makes. We have been in the business of providing micro-loans for more than 30,000 users in India.

 0/1

App specs

  • License

    Free

  • Version

    1.2

  • Latest update

  • Platform

    Android

  • OS

    Android 13.0

  • Language

    English

    Available languages

    • English
    • Chinese
  • Downloads

    16

  • Developer

  • Download Options

    Google Play

Program available in other languages



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Laws concerning the use of this software vary from country to country. We do not encourage or condone the use of this program if it is in violation of these laws.
Softonic
Your review for MagicLoan
Softonic

In Softonic we scan all the files hosted on our platform to assess and avoid any potential harm for your device. Our team performs checks each time a new file is uploaded and periodically reviews files to confirm or update their status. This comprehensive process allows us to set a status for any downloadable file as follows:

Clean

It’s extremely likely that this software program is clean.

What does this mean?

We have scanned the file and URLs associated with this software program in more than 50 of the world's leading antivirus services; no possible threat has been detected.

Warning

This software program is potentially malicious or may contain unwanted bundled software.

Why is the software program still available?

Based on our scan system, we have determined that these flags are possibly false positives.

What is a false positive?

It means a benign program is wrongfully flagged as malicious due to an overly broad detection signature or algorithm used in an antivirus program.

We’d like to highlight that from time to time, we may miss a potentially malicious software program. To continue promising you a malware-free catalog of programs and apps, our team has integrated a Report Software feature in every catalog page that loops your feedback back to us.

Flag any particular issues you may encounter and Softonic will address those concerns as soon as possible.