Faircent Instant Personal Loan

Faircent Instant Personal Loan: 10 Lakh Loan within 72 hr

Faircent provides digital personal loans up to 10 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 be disbursed 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 AmountUp to Rs.10 Lakhs
Interest Rate12 – 28% per annum
Repayment Tenure6 – 36 months
Income Proof Required
Apply ProcessOnline
Processing ChargeUp to 6% of the loan amount
Pre-closure ChargesRs.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 be required 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 be required.

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 be required to apply:

Salaried Person

  • Indian Citizenship
  • 1 yr CIBIL Track (The previous loan should be 1 year old)
  • A net salary of Rs. 25,000 required

Self Employed

  • Indian Citizenship
  • 30 months 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 Rate12% per annum
Maximum Interest Rate28% per annum

Faircent Personal Loan Fees & Charges

Processing feeUp to 6% of the loan amount + GST 
Prepayment chargesRs. 500 if closed before 3 months 
Delayed payment interest rate18% p.a. per delayed loan payment
EMI overdue charge Rs. 500 per delayed payment
Payment default chargeRs. 500 per legal notice 
Charges for changing EMI date or bank account detailsRs. 500 for bank account change or EMI date change
Loan account statementRs. 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 the 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

Is Faircent available on pan India?

You can apply for a Faircent loan from anywhere in India. Personal loans & business loans are available across India.

Does CIBIL require you to apply for a business loan?

Your 30-month CIBIL track will require you to apply for a business loan. Also, a minimum 1-year IT file and a recent trade license will be needed.

How much loan is available through Faircent?

Faircent provides up to Rs. 10 lakhs instant personal loans.

Is Faircent a trusted lender?

Faircent is RBI registered NBFC company. You can fully trust Faircent.

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