Faircent is a peer-to-peer (P2P) lending company. If you are a small business owner, obtain an instant business loan up to Rs. 10 lakh from Faircent. Get the opportunity for a collateral-free loan at a 12% interest rate.
Small and medium business owners take Faircent business loans with an online process. Take 72 hours to credit the approval loan amount.
Faircent Business Loan
| Get Loan | Rs. 50,000 to Rs. 10 Lakh |
| Rate of Interest | 12% to 28% p.a. |
| LoanTenure | 6 months to 36 months |
| Loan | Online |
| Processing Charge | Up to 6% + Tax |
Features of Faircent Business Loan
- Faircent is a safe and trusted P2P NBFC company.
- A business loan is online with Faicent that is up to Rs. 10 lakh
- Minimal documents need to be provided to obtain a loan.
- ROI (Rate of Interest) starting from 12% p.a.
- Avail of Faircent business loans without giving security to the bank.
- There is no need to give hidden charges to Faircent.
Faircent Business Loan Eligibility
- Business must be 24 months old
- Borrower CIBIL history should be 36 months old (previous loan track 3 years old required)
- CIBIL Score 700+ need
- The applicant’s bank balance should be maintained at Rs. 6,000
Also Read: How much business loan can I get in India?
Required Documents
Whenever you apply for a Faircent business loan, you should follow the list of documents:
- Borrower Pan Card
- Aadhaar Card
- Latest 6 months bank statement
- Residential proof (Electricity bill / Property paper)
- Recent 2 years Income Tax file (Only Acknowledge Copy)
- New & Old Trade License
- MSME certificate
- Cancel Cheque Photo
Faircent Business Loan Interest & Charges
| Interest Rate | 12% to 28% p.a. |
| Processing Charge | Up to 6% of desire loan |
| EMI Overdue | Rs. 500 |
| Change EMI Date Charges | Rs. 500 |
| Change Bank Account Charges | Rs. 500 |
How to Start Faircent Business Loan Process
1. Just tap on “Apply Now” and redirect to the Faircent loan application page.
2. Fill in all your basic details and income details.
3. Give your active phone number and verify through OTP.
4. Press the Submit button and check eligibility.
5. Now share all your documents to 24hrloan2022@gmail.com
Also, contact 24hr Loan on Whatsapp no 8777259672 for a quick response.
FAQs on Faircent Business Loan
What are the main eligibility criteria for a Faircent business loan?
Borrower credit track must be 3 years old and give the other documents such as IT File, Trade License, 6 months statement for Faircent business loan eligibility.
How to apply for a Faircent business loan?
Start the applicant process from the Apply Now button. Also, share your all documents to 24hr Loan Whatsapp no 8777259672 for faster process.
What is the ROI of a Faircent loan?
The Faircent business loan rate of interest is 12% to 28% yearly.
How to complain about a Faircent business loan?
Borrowers can complain for Faircent business loan at the grievance office at grievance@faircent.com or 8010052020, 0124-6674223.