Ram Fincorp

Ram Fincorp:Personal Loan App brings you instant personal loans designed to meet your financial needs without hassle. Experience one of the fastest disbursal processes, with funds reaching your bank account in as little as 30 minutes, backed by low interest rates and a seamless application journey.

As a proud RBI-registered NBFC, Ram Fincorp is dedicated to supporting salaried professionals with quick access to credit. Our focus is on simplifying the borrowing experience through smart digital innovation, offering a transparent and user-friendly loan platform that gives you real-time access to funds.

Why Choose Ram Fincorp?

Our loans come with competitive interest rates, made possible by our streamlined risk assessment. We believe in minimising financial stress, ensuring that our customers benefit from fair and affordable borrowing options.

While banking has largely embraced digital transformation, personal loans often still require physical touch points. Not at Ram Fincorp. We've created an end-to-end digitised loan journey, so you can apply, get approved, and receive your funds - all from your mobile device, with no queues, no paperwork hassle.

LOAN MODEL

Ram Fincorp Personal Loan provides personal loans ranging from INR 5,000 to INR 2,00,000 based on your

requirement

Loan Amount: - 5,000 to 2,00,000

Interest Rate: - Up to 35% per annum
APR: 35% MAX

Age: - 21 to 55 years

Late payment fee - as applicable (Charged only, if repayment is delayed)

Processing Fee: - Up to 5%

Loan tenure: - 90 days to 365 days

Pre-closure charges – As applicable

Sample Loan Calculation

Loan amount: ₹ 30,000 at interest rate of 30% p.a.

Loan Duration: 3 Months

Total personal loan interest = ₹ 2,250

Processing fees (PF) + GST = ₹ 500 + ₹ 90 = ₹ 590

Total Deductibles (PF + GST): ₹ 590

In-Hand Amount: Loan Amount - Total Deductibles = ₹ 30,000 - 590 = ₹ 29,410

Total repayable Amount (Loan Amount + Interest): ₹ 32,250

Monthly EMI Repayable (Loan Amount + Interest / No of EMI's): ₹ 10,750

PF + GST are deducted upfront during the loan disbursal.

Advantages Of Ram Fincorp Personal Loan

● Customised Personal Loan

● Secure Data System

● Instant Approval And Disbursal

● User-Friendly 

● Minimum Documentation


Eligibility/Document Required

● Individuals with a minimum monthly income of Rs. 30,000.

● Indian residents/citizens who are 21 years and above

● To apply for the loan applicants would need pan cards, aadhar cards, salary slips (for the

last 3 months), salary account bank statement (3/6 months) and address proof.

Security And Privacy Policy

To guarantee the security of the information shared by our clients, we have a highly secure

and encrypted system. To read our privacy policy click here:

https://www.ramfincorp.com/privacypolicy

Terms & Conditions

Ram Fincorp Personal Loan is a unit of R.K. Bansal Finance Private Limited (NBFC), which is registered with

the RBI. Visit :- https://www.ramfincorp.com/conditions

Contact Information

● Contact Number:- +919899985495

● Official Mail ID:- info@ramfincorp.com

● Official Website:- https://ramfincorp.com/

● Registered & Corporate Office Address:- 4338, Padam Singh Road, Karol Bagh

New Delhi - 110005