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+.

  • Details
  • Features
  • Eligibility
  • Compare with Other Loan Apps
  • Documents Required
  • How to Apply
  • Customer Care Details

Ram Fincorp Personal Loan Details

Below are the key details of Ram Fincorp personal loan:

Loan Amount₹4,000 to ₹8 Lakhs
Interest Rate0.35% to 1% per day (up to 35% per annum)
Processing FeeUp to 5% of the loan amount
Tenure90 days to 365 days
CIBIL600 & above
Min Net Monthly Income₹15,000
Prepayment Charges Nil
Loan Approval TATWithin 2 minutes
EMI Bouncing Charges of ₹500 + GST
Penal Charges 0.1% per day of outstanding principal loan amount
Age21 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:

AppLoan AmountStarting Interest Rate
Ram Fincorp₹4,000 - ₹8 Lakhs12.00% p.a.
kamakshi money₹1,000 - ₹2 Lakhs12.00% p.a.
kundan finance₹5000 - ₹2 Lakhs12.00% p.a.
Lendingplate₹5,000 - ₹2.5 Lakhs12.00% p.a.
Moneyview₹5000 - ₹10 Lakhs14.00% p.a.
MoneyTap₹3,000 - ₹5 Lakhs13.00% p.a.
KreditBee₹1,000 - ₹5 Lakhs12.00% p.a.
PaySense₹5,000 - ₹5 Lakhs15.00% p.a.
LoanTap₹3,000 - ₹5 Lakhs12.00% p.a.
IIFL₹5,000 - ₹5 Lakhs12.75% p.a.
SmartCoin₹1,000 - ₹5 Lakhs18.00% p.a.
mPokket₹500 – ₹50,0002.00% 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.