Ram Fincorp: Personal Loan App

Ram Fincorp:Personal Loan App brings you instant personal loans designed to meet your financial needs without hassle. Experience one of the fastest disbursal processes, with funds reaching your bank account in as little as 30 minutes, backed by low interest rates and a seamless application journey.

As a proud RBI-registered NBFC, Ram Fincorp is dedicated to supporting salaried professionals with quick access to credit. Our focus is on simplifying the borrowing experience through smart digital innovation, offering a transparent and user-friendly loan platform that gives you real-time access to funds.

Why Choose Ram Fincorp?
Our loans come with competitive interest rates, made possible by our streamlined risk assessment. We believe in minimising financial stress, ensuring that our customers benefit from fair and affordable borrowing options.
While banking has largely embraced digital transformation, personal loans often still require physical touch points. Not at Ram Fincorp. We've created an end-to-end digitised loan journey, so you can apply, get approved, and receive your funds - all from your mobile device, with no queues, no paperwork hassle.


LOAN MODEL

Ram Fincorp Personal Loan provides personal loans ranging from INR 5,000 to INR 2,00,000 based on your
requirement
Loan Amount: - 5,000 to 2,00,000
Interest Rate: - Up to 35% per annum
APR: 35% MAX
Age: - 21 to 55 years
Late payment fee - as applicable (Charged only, if repayment is delayed)
Processing Fee: - Up to 5%
Loan tenure: - 90 days to 365 days
Pre-closure charges – As applicable

Sample Loan Calculation

Loan amount: ₹ 30,000 at interest rate of 30% p.a.
Loan Duration: 3 Months
Total personal loan interest = ₹ 2,250
Processing fees (PF) + GST = ₹ 500 + ₹ 90 = ₹ 590
Total Deductibles (PF + GST): ₹ 590
In-Hand Amount: Loan Amount - Total Deductibles = ₹ 30,000 - 590 = ₹ 29,410
Total repayable Amount (Loan Amount + Interest): ₹ 32,250
Monthly EMI Repayable (Loan Amount + Interest / No of EMI's): ₹ 10,750
PF + GST are deducted upfront during the loan disbursal.

Advantages Of Ram Fincorp Personal Loan
● Customised Personal Loan
● Secure Data System
● Instant Approval And Disbursal
● User-Friendly 
● Minimum Documentation

Eligibility/Document Required
● Individuals with a minimum monthly income of Rs. 30,000.
● Indian residents/citizens who are 21 years and above
● To apply for the loan applicants would need pan cards, aadhar cards, salary slips (for the
last 3 months), salary account bank statement (3/6 months) and address proof.

Security And Privacy Policy
To guarantee the security of the information shared by our clients, we have a highly secure
and encrypted system. To read our privacy policy click here:
https://www.ramfincorp.com/privacypolicy

Terms & Conditions
Ram Fincorp Personal Loan is a unit of R.K. Bansal Finance Private Limited (NBFC), which is registered with
the RBI. Visit :- https://www.ramfincorp.com/conditions

Contact Information
● Contact Number:- +919899985495
● Official Mail ID:- [email protected]
● Official Website:- https://ramfincorp.com/
● Registered & Corporate Office Address:- 4338, Padam Singh Road, Karol Bagh
New Delhi - 110005