Faircent Instant Personal Loan: 5 Lakh Loan within 72 hr

Faircent provides digital personal loans up to 5 lakhs. The interest rate starts from 12% p.a. You can pay EMI from 6 to 36 months. The self-employed & salaried person can apply.

The money will disburse within 72 hours. This is a 100% digital process. Check out Faircent instant personal loan for more details.

Faircent Instant Personal Loan Quick Recap

Loan Amount	Up to Rs.5 Lakhs
Interest Rate	12 – 28% per annum
Repayment Tenure	6 – 36 months
Income Proof	Required
Apply Process	Online
Processing Charge	Up to 6% of the loan amount
Pre-closure Charges	Rs.500 (Pay after 3 EMI payments)

Benefits of Faircent Personal Loan

Instant Approval: Faircent is a peer-to-peer lending platform. You can get instant loan approval within 3 days.

Minimum Documents: You can apply for a loan with minimum documents. Your KYC & income proof will require to apply.

Flexible Tenure: The loan repayment tenure is 6 to 36 months. Pay through the easy EMI option.

Digital Process: Faircent provides 100% digital personal loans. Submit the loan application time.

Minimum Criteria: You are eligible to apply with minimum loan criteria. A minimum of 2 lakhs gross income will require.

Affordable Interest: The interest rate is flexible starting with 12 % to 28% per annum.

Also Read: Need 2 lakh loan without income proof?

Eligibility Criteria for Faircent Instant Loan

The following eligibility criteria will require to apply:

Salaried Person

• Indian Citizenship
• 1 yr CIBIL Track (The previous loan should be 1 year old)
• A net salary of Rs. 22,000 required

Self Employed

• Indian Citizenship
• 30-month CIBIL Track (The previous loan should be 30 months old)
• A minimum gross income of Rs. 2 lakhs yearly required

Faircent Loan Documents Required

Check out the below documents for Faircent instant personal loan:

Salaried Person

• Aadhaar Card
• Pan Card
• Recent 3-month Salary Slip
• Recent 6 months’ bank statement pdf
• Cancel Cheque
• Residence documents (Electricity bill / Rent Agreement / Gas Bill / Property Tax)

Self Employed

• Aadhaar Card
• Pan Card
• Recent 2-year IT File (If you have 1 yr IT File, a 1-year bank statement is required)
• Recent 1-year Trade License
• Recent 6 months’ bank statement pdf
• Cancel Cheque
• Residence documents (Electricity bill / Rent Agreement / Gas Bill / Property Tax)

Also Read: HDFC bank instant personal loan

Faircent Personal Loan Interest Rate

Minimum Interest Rate	12% per annum
Maximum Interest Rate	28% per annum

Faircent Personal Loan Fees & Charges

Processing fee	Up to 6% of the loan amount + GST
Prepayment charges	Rs. 500 if closed before 3 months
Delayed payment interest rate	18% p.a. per delayed loan payment
EMI overdue charge	Rs. 500 per delayed payment
Payment default charge	Rs. 500 per legal notice
Charges for changing EMI date or bank account details	Rs. 500 for bank account change or EMI date change
Loan account statement	Rs. 100 per the statement of accounts

How to Apply for Faircent Instant Personal Loan

Step 1: Click on the “Apply Faircent Loan” button.

Step 2: Now, enter your name, pan no & other details.

Step 3: Verify mobile no through OTP

Step 4: Now, click on submit button.

Step 5: If you are eligible for Faircent policy, the next page will open to fill up your basic details.

 Step 6: Fill up the details like father’s name, residence address, business address, monthly income & more.

Step 7: Now send your documents to [email protected]. We will submit the documents to Faircent on your behalf.

Now Faircent credit teams call you & verify your documents. After that, you will get the loan offer.

Also Read: IIFL Business Loan

Faircent Personal Loan Customer Care

Contact Faircent customer care for loans or other queries. Check out the contact details below:

Customer Care Number: 0120-4659902

Office Address:

C-091, 9th Floor Supermart 1

DLF Phase 4, Gurgaon

Gurgaon, Haryana, 122002

Also, you can contact us at [email protected] for loans or other related queries. We will reply to your message within 24 hr.

FAQs on Faircent Personal Loan