Faircent is Best and Top 5 P2P in India and Biggest Fubdig in India Borrower and lender with Highest Rate of Interst income . Easy to Apply and Get Invest high Return and Borrower Money On Low rate.
Company Certificate of Registration with the number N-14.03417 provided by the Reserve Bank of India allowing us to operate as an NBFC-P2P (Non-Banking Financial Company – Peer to Peer Lending) in India.
Apply for a Loan like a wedding, debt consolidation, or business expanded funding, you can apply for an instant personal loan with ZERO collateral and Security and 100% online loan processing. Avail of a ‘Personal loan’ and ‘Business loan’ as per your repayment capacity and your choice of tenure.
Features and Benefits :
Loan Amount: Minimum Get Rs. 30,000 to Maximum Rs. 10,00,000.
Rate of Interest / Annual Percentage Rate (APR): Minimum 13% per year to Maximum 32% per year.
Repayment Tenure: Minimum 6 Months to Maximum 36 Months or as per Catagory
Processing Fee: 2.5% to 9% of Loan Amount.
GST: 18% of Processing Fee.
No any Pre Closure Charges After 3 Month.
A representative example of the total cost of a loan is Approval and Get:
For Rs. 1,00,000 borrowed for 12 months, with interest rate @13% per annum*, a user would pay:
-> Processing fee (@ 3.2%) = Rs. 3,200 (Incl GST of 18%)
-> Registration fee of Rs.500 (Incl GST of 18%)
-> Interest = Rs7,185
-> EMI (Monthly Repayment)= Rs. 8,930
Total amount to be repaid = Rs. 1,10,984
*Interest Rate varies based on your risk profile
Make sure you have the documents listed below Required to Process:
📍 PAN Card,
📍 Aadhaar Card, or Voter ID/Passport
📍 Last 6 months Bank Statement
📍 Last 3 months of Salary Slip [for salaried]
📍 Last year’s ITR 2 year [ For Businessman]
📍 Invest Money in P2P Loans
Faircent offers lenders a unique opportunity to invest in the alternative asset class of P2P loans. You can invest by lending to pre-verified borrowers and earn high returns on your investments.
• Simply Install the App to Open Your Lender Account
• Add funds to your Escrow Account to Invest
• Invest in Your Choice of Loans
• Get started with Money Lending Online now
⭐ Features:
- Invest in borrowers across the country
- Minimum investment amount – INR 1000/-
- Offering one of the best return on investment
- Enjoy regular Basis passive income
- Easy loan portfolio diversification
- Best Investment Options for Salaried Person
- Best Investment Plan to build retirement wealth
- Best Short-Term Investment Plans
📑 Convenience Fee: for All is
- Lenders need to pay Rs. 1000/- at the time of registration. This is a non-refundable one-time fee.
- A borrower needs to pay Rs. 500/- at the time of registration. This is a non-refundable one-time fee.
Eligibility and documentation required-Salaried cases
| Age | 23-57 Years |
| Location | PAN india |
| Income | 25k |
| Salary credited by Cash/Cheque /UPI salary | Not allowed [ Only Direct Credit Allowed] |
| Total experience | Greater than 1 Year |
| Stability | Min 3 months in current company |
| FOIR | Upto 80% after FC loan |
| Overdue/Cibil Score | 625 or More |
| Cheque bounce | Not more than 3 outward cheque bounces in last 30 days |
| Documents required | PAN, AADHAR, Current address proof, Last 3 month salary slip, Last 6 months updated bank statement in PDF Format |
For Business Man is
Eligibility and Documentation required-Business Cases
| AQB:EMI | Should be a Minimum of 1 |
| Min AQB | 4500 Rs. |
| FOIR | Upto 100% after 1.5 multiplier on ITR |
| Cibil Score | 625 |
| Overdue | Other overdues<500 |
| cheque bounce | Not more than 3 outward cheque bounces in last 30 days |
| Business vintage | 2 yr |
| Banking | Not fudged and in pdf format updated for last 6 months |
| Age | 23-59 years |
| NTC cases | Not Allowed |
| Documents required | PAN, AADHAR, 1 Current Address Proof, Ebill if rented, Last 2-year ITR(Manual ITR not accepted), Last 6 months bank statement |
| Proof | Business Registration proof,Business address proof |
| In case of Non-verifiable ITR | Challan Copy Required |
The mandatory documents which we require is:-
| Salaried | Self Employed |
| Pan Card | Pan Card |
| Current Address Proof | Current Address Proof |
| Latest 3 Months Bank Statement | Last 6 Months Bank Statement– Current or Saving A/c any |
| Latest 3 Months’ Salary slips | Cancel cheque |
| Cancel cheque of Salaried account | Income tax return (ITR) of Latest 2 years |
| Business Registration Certificate/ office address proof |
Fill and Apply Online:
*Self employed loan*
✅Home and business both rented acceptable
✅Minimum cibil 700
✅Minimum abb 8500
✅6 months bank statement in pdf
✅pan card
✅aadhar card
✅resi address proof
✅business address proof
✅2 years itr with Minimum 2.5lakh gross income
✅Minimum age 23
✅recently 1 years dpd not acceptable
✅last 6 month emi bounced not acceptable
✅overdue more then 1000 not acceptable
and
*Salaried loan*
✅Home rented acceptable
✅Minimum cibil 700
✅Minimum abb 4500
✅6 months bank statement in pdf
✅3 months salary slip
✅22000 Minimum salary
✅pan card
✅aadhar card
✅resi address proof
✅job office address
✅1 year job stability required
✅Minimum age 23
✅recently 1 years dpd not acceptable
✅last 6 month emi bounced not acceptable
✅overdue more then 1000 not acceptable
