Ram Fincorp Personal Loan offers tension-free, easy, and instant personal loans right at your fingertips. Not only do we provide you with the fastest disbursal ever possible but also low-interest rates. The loan will be credited to your bank account through us, your trusted NBFC in around 30 minutes!
We are a RBI registered NBFC committed to offering personal credits to salaried professionals. We stand for catering to your individual financing needs in an easy way by including innovation to the credit buying handle, in this manner giving you moment get to reserves in a straightforward and straightforward way.
We provide loans that are available at affordable interest rates due to a minimal risk profile. Moreover, at Ram Fincorp Personal Loan we pride ourselves on providing the lowest interest rates to our borrowers. We ensure that our borrowers are not facing any unnecessary financial burden due to hefty interest rates.
Banking is experiencing a wave of digitization across the world. However, often some banking products such as personal loans require physical interactions. At Ram Fincorp Personal Loan, we have developed a full-stack solution to digitize the entire personal loan process. Now you don't have to wait in line to avail of a personal loan!
Our mission is simple: we want to build a one-of-kind, effortless loan buying platform that allows customers to get a loan easily and affordably. We strive hard to make our customer’s life easier by providing them quick access to money in a simple way.
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 36% per annum
APR: 36% MAX
Age: - 21 to 55 years
APR 36 % Max.
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
● Transparent Process
● Flexible Repayment Options
● 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
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