Ram Fincorp Loan
Ram Fincorp offers instant personal loans of up to ₹8 Lakhs to meet your last-minute financial needs. With interest rates starting from 0.35% per day and a processing fee of up to 5%, Ram Fincorp delivers a fast, fully digital loan experience with flexible credit checks and faster approvals. Get a loan decision in just 2 minutes for credit scores of 600+.
Ram Fincorp Personal Loan Details
Below are the key details of Ram Fincorp personal loan:
| Loan Amount | ₹4,000 to ₹8 Lakhs |
|---|---|
| Interest Rate | 0.35% to 1% per day (up to 35% per annum) |
| Processing Fee | Up to 5% of the loan amount |
| Tenure | 90 days to 365 days |
| CIBIL | 600 & above |
| Min Net Monthly Income | ₹15,000 |
| Prepayment Charges | Nil |
| Loan Approval TAT | Within 2 minutes |
| EMI Bouncing Charges of | ₹500 + GST |
| Penal Charges | 0.1% per day of outstanding principal loan amount |
| Age | 21 to 55 years |
Ram Fincorp Personal Loan Features
The following are some important Ram Fincorp Personal Loan details:
- 100% digital, seamless journey, No physical documents required.
- Ram Fincorp offers loans to customers with a CIBIL score of 600 and above—borrow responsibly and improve your credit score by making timely repayments.
- Ram Fincorp loans can be used for multiple purposes, including marriage, travel, education, home renovation, debt consolidation, and medical emergencies.
- Get funds within a few minutes whenever you need with a digital and easy loan application process.
- If you are unable to make a full payment, you can opt to make partial payments. The amount paid will go towards clearing any outstanding interest, the loan principal, and then any applicable charges.
- Reasonable interest rates ranging from 0.35% to 1% per day (up to 35% per annum).
- A processing fee of up to 5% of the loan amount is levied.
- The tenure of repayment ranges from 90 days to 365 days.
- Get real-time borrowing status updates and valuable 24/7 customer support.
- Zero prepayment or foreclosure fees.
- Hassle-free personal loans all across India with minimal documentation.
- Paperless digital KYC process.
- Repay the loan on your salary date or in easy installments.
- Loan approval within 2 minutes. Get funds within next few minutes once approved for an instant personal loan up to ₹8 Lakhs.
Ram Fincorp Loan Eligibility
You will be required to meet the following simple criteria to be eligible for a Ram Fincorp personal loan:
- The applicant must be a salaried employee.
- The age of the applicant should be between 21 to 55 years.
- A minimum monthly income of ₹15,000 is required for non metro cities & ₹18,000 for metro cities.
- Get a loan decision in just 2 minutes for credit scores of 600+
Compare Ram Fincorp Loan App with Other Loan Apps
Below is a comparison table showcasing the Ram Fincorp App alongside other popular personal loan apps:
| App | Loan Amount | Starting Interest Rate |
|---|---|---|
| Ram Fincorp | ₹4,000 - ₹8 Lakhs | 12.00% p.a. |
| kamakshi money | ₹1,000 - ₹2 Lakhs | 12.00% p.a. |
| kundan finance | ₹5000 - ₹2 Lakhs | 12.00% p.a. |
| Lendingplate | ₹5,000 - ₹2.5 Lakhs | 12.00% p.a. |
| Moneyview | ₹5000 - ₹10 Lakhs | 14.00% p.a. |
| MoneyTap | ₹3,000 - ₹5 Lakhs | 13.00% p.a. |
| KreditBee | ₹1,000 - ₹5 Lakhs | 12.00% p.a. |
| PaySense | ₹5,000 - ₹5 Lakhs | 15.00% p.a. |
| LoanTap | ₹3,000 - ₹5 Lakhs | 12.00% p.a. |
| IIFL | ₹5,000 - ₹5 Lakhs | 12.75% p.a. |
| SmartCoin | ₹1,000 - ₹5 Lakhs | 18.00% p.a. |
| mPokket | ₹500 – ₹50,000 | 2.00% p.m. |
Documents Required for Ram Fincorp Personal Loan
Keep the following documents handy for a swift process:
- KYC documents, including Aadhaar card and PAN card, for your loan application
- PAN
- Aadhar
- Salary Slips and bank statements for the last 3 months.
How to Apply for Ram Fincorp Loan Online
Step-by-Step Process to Get a Ram Fincorp Loan
- Click on the "Apply Now" button located on the side of the page.
- You will be redirected to the official Ram Fincorp website (www.ramfincorp.com).
- On the Ram Fincorp page, fill in all the required personal and financial details.
- Submit the form after verifying your information.
- Within 2 minutes, you can see approved loan amount.
- Proceed immediately after approval to complete the next steps and get funds credited to your bank account within minutes.
Ram Fincorp Loan Customer Care Details
You can call +91 95992-38889 anytime for all your Ram Fincorp personal loan queries or send an email to info@ramfincorp.com from Monday to Saturday, 9:30 AM to 6:30 PM.
You can also write to:
8/9, Pusa Rd, Block 8, WEA,
Karol Bagh, Delhi - 110005
FAQs
The interest rate of Ram Fincorp personal lan ranges from 0.35% to 1% per day (maximum up to 35% per annum).
The loan limit for Ram Fincorp personal loan is up to ₹8 Lakhs.
Yes, Ram Fincorp is approved and registered by RBI as a non-deposit accepting Non-Banking Financial Company (NBFC).
Any salaried employee aged between 21 to 55 years and earning a minimum monthly income of ₹15,000 is eligible for a Ram Fincorp personal loan.
Pay online through their website or partner platforms using UPI, net banking, cards, or wallets.
The penalty charge for Ram Fincorp loan is 0.1% per day on the outstanding principal amount.