Unable to Withdraw Interest Earned from Mobikwik Xtra

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Last Comment 2024-10-17

2024-08-29

Hello,

I am unable to withdraw the interest earned from mobikwik xtra p2p. The withdrawal request gets submitted, but after a few hours I get a mail that the withdrawal request was cancelled. Happened twice now.

Why is this happening and how and when can the withdrawal be made now?

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Top Comments

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=1#post_10310278

rockavi.kumar842

2024-09-03

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How can Mobikwik convert our flexi investment into fixed tenure without our consent? This is 100% Fraud by Mobikwik. Many of us need this hard-earned money now and can't wait for 1 year for emergencies. We invested for the sole reason in flexi as it provides option to withdraw any time. How can they change terms and conditions without our consent. This is illegal and RBI needs to take action against Mobikwik.

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https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10310929

desidime0001

2024-09-03

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hi,

as per information so far.

Withdrawal will be only allowed on 12th

will only know on 12th how much is allowed

they should have informed previously before changing rules. MOBIKWIK coming with IPO is this a warning SIGN ???

since BNPL(buiy now pay later) scheme will continue there won't be sudden stop in payments. so payments will comes in but will take longer to get money back.

this is my assessment, i might be wrong.

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10311107

ranapiyush988733

2024-09-03

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I think the same because they are currently in good business and they already giving the loans on higher interest people are still paying back but what should do it not invest anymore funds because when you read terms and conditions it is clearly mentioned that default chances are very high and now no liquidity no return guarantee

We should aware other people too that this is not a alternative investment its a very risky investment

View 4 more replies

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10311411

krishnaarao57912

2024-09-03

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Is our investment safe.

Is this even legal isn't it illegal that we are not able to access our own funds

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10311431

mehtaaman480

2024-09-03

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same issues i am facing

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10311509

fatmonkey

2024-09-03

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I was saving money and parking it here for the past few months to buy a car this year end. Now looks like I have to take a loan. Frustrating. Very bad.

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10311643

rshushi86

2024-09-04

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Me too facing problems,, please form group in whatsapp so we all together can updated...

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10311757

shabaazstar382

2024-09-04

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Yes that's the better idea.

Can somone pls form it

View 4 more replies

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10312199

frnxchng600

2024-09-04

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count me in for the whatsapp group

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10312590

aryanraj12002620

2024-09-04

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Guys i start Spread Message against mobikwik ... this is my twitter link, please spread this Message link , if you want your money back Or You want safe your money...

https://x.com/aryanraj1773/status/1831262354366...

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10312866

desidime0001

2024-09-04

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it will be paid back in installments probably. no more flexibility of full withdrawal. they should not have done this .

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10312869

desidime0001

2024-09-04

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TAG @rbi , Finance minister @ BIPINSINGH CEO and founder of MOBIKWIK on twitter,

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10312931

aryanraj12002620

2024-09-04

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Guys see this mobikwik support team reply me after two days, when i start #retrunmymoney Mobikwik on twitter..

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10313500

vijkru9326277

2024-09-04

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any summarized update ?

I'm very much concerned about the Mobikwik step.... bulk amount blocked, Will the old investments would be available for withdrawl completely ????

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10316920

shabaazstar382

2024-09-07

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Pls share retweet this as much as possible

I've tagged haryana police for this mobikwik case

https://twitter.com/shabaazstar/status/18321478...

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10323177

frnxchng600

2024-09-10

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Hi Folks

Let's collectively give 1 star rating on the app Store and play store and mention this issue in our review. I have done my part from both iPhone and Android. Please follow the league.

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10324418

kashyapanant497149

2024-09-11

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Again maintenance

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10325255

Hitss

2024-09-11

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First repayment is ready to be withdrawn, please check the apps

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10325725

frnxchng600

2024-09-11

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Only 10% or my total corpus was available for withdrawal.

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10345793

kashyapanant497149

2024-09-21

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MobiKwik is update and now you can see the estimated amount you will receive each month . Every month there is a minimum and maximum expected amount you will receive , when you will sum up the minimum amount you will get to know the minimum amount is far less then even the invested amount . And for the first month of September we have received even less then the minimum amount .

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10352450

manomadanmohan891

2024-09-24

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even the sum of maximum returns is lesser than the Invested amount.

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10347735

mrashishvalecha1362

2024-09-22

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What's the plan, mine is also stucked

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10348227

frnxchng600

2024-09-22

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We are screwed

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10352681

ramesh1988

2024-09-24

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Some Mobikwik investors created a WhatsApp group against them trying to find legal ways to get money back ....already tried complaint to RBI but nothing happened till now & now MOBIKWIK IPO approved by SEBI .

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10413517

TheCommonMango

2024-10-17

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To add in mobikwik Wa group 👉7️⃣5️⃣0️⃣6️⃣9️⃣3️⃣1️⃣5️⃣1️⃣6️⃣

9️⃣4️⃣1️⃣1️⃣7️⃣1️⃣7️⃣2️⃣8️⃣3️⃣

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10352687

ramesh1988

2024-09-24

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All other lending P2P have returned old investors money,12% club,cred some more r there it's only Cheater Mobikwik who didn't took consent directly used our money

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10378476

frnxchng600

2024-10-02

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Guys check your account. There is more payment available for withdrawal.

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10378594

Demondealer

2024-10-02

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as always another high interest risky biscuit gone wrong. stay away from these kind of apps

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10408698

DealSeeker1

2024-10-15

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MobiKwik is a fraud company since the day of its starting. Earlier they cheated customer by converting wallet cashback into supercash, they are known for changing terms without pre-intimation to customer. Same they did in P2P lending business. Now the amount is huge so this outrage happening.

Never trust on these fraudsters, once a Mobid**k is always a shit

https://www.desidime.com/discussions/unable-to-withdraw-interest-earned-from-mobikwik-xtra?page=2#post_10408717

akhilpsofficialinbox603

2024-10-15

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Doomed, we live in a country were there is no enough security or strong legal system to protect us even government dont care RBI is dead silent. RBI needed money in bank 1st note ban. 2nd changing currency now next stunt is forcing p2p to either give back money to invested peopl so they can stock up in bank or to lend money so the money come back to bank. Sorry to say i have lost all my hopes and dreams to be survive here my only path forward is to leave this contry and start from scratch have new hope and dreams or just suicide infront of RBI or Mobikwik or lendbox.

I did a big mistake trusting Mobikwik and Transactree Technolgies Private Limited Lendbox

#mobikwikscam #lendbox #UselessRBI