Faircent Personal Loan 2022

Personal loans can be a good friend when you require urgent funds like medical emergencies or debt consolidation. Apart from that, they play a crucial role as they can make a simple wedding into a grand or a regular vacation into a lifetime memory. Since there is no cop on the end use of the fund, you can use them as you want. But to get a personal loan, you must figure out first who will simply lend you money. If you are also searching for a personal loan, then Faircent may be the lender for your personal loan requirements. It is an online peer-to-peer lending platform that provides personal loans up to Rs 10 lakhs for the tenure of up to 36 months.

• Faircent provides personal loans starting at Rs. 30,000 and up to Rs. 10 lakh, with terms ranging from 6 to 36 months.
• Faircent's personal loan comes with a slew of impressive features, including:
• The loan amount is disbursed quickly.
• Borrow money from reputable lenders without having to go to a bank.
• Personal loan interest rates that are appealing.
• You have the freedom to determine the loan amount based on your needs and financial situation.
• Process for applying for a loan that is transparent.
• Process of minimal documentation
• There are no hidden terms or conditions.
• There is no requirement for collateral or a guarantee.
• Flexible repayment options are available.
• Both paid and self-employed professionals are eligible to apply.
• There is no need to go to a lender, bank, or financial institution. You can apply for a loan from the convenience of your own home or office.
• Choose your own duration, from 6 to 36 months. 

Faircent Personal Loan Interest Rate and Fee

Salary Information:

1. You should be between the ages of 23 and 58.
2. Salary – Cities with a population of more than 25K 
   Non-metropolitan cities with populations more than 22K
3. Cities Eligible Across India
4. Current job experience of at least three months is required.
5. Current resident stability of at least 6 months.
6. A credit score of at least 625
7. There will never be a default.
8. No loan delays in the last 12 months.
9. The customer must have a credit history of at least one year.
10. In the previous three months, the customer should not have made more than ten inquiries.
11. Only customers with any of the following HL/AL/Used Car, CC, PL, CL in their credit history will be evaluated.

Profile of a Self-Employed Person:

1. You should be between the ages of 23 and 58.
2. ITR minimum – 2.5 lakh
3. Cities Eligible Across India
4. A credit score of at least 625
5. There will never be a default.
6. Current home must be stable for at least 6 months.
7. The business vintage should be at least two years old.
8. The customer must have a credit history of at least three years.
9. In the previous three months, the customer should not have made more than 12 inquiries.
10. There have been no delays in any loans or credit cards in the recent 12 months.
11. A customer's credit history should include at least one of the following products: HL, AL/Used Car, CC, PL, CL, CVL, CEL, TL, BL, OD, GL, Agriculture Loan

Although there is a minimal number of documents required to process the Faircent personal loan application, yet you must know about it. Here is a list of documents that will be helpful to secure a Faircent personal loan.

Documents\Salaried:

1. Documents proving your identity (ID Proof, Current Address Proof & PAN Card)
2. Salary Slip for the Previous Three Months.
3. Bank Statement for the Previous Three Months (Till Current Date)
4. Evidence of homeownership (On Loan requirement of 2 Lac & Above)

Employed by Oneself:

1. Documents proving your identity (ID Proof, Current Address Proof & PAN Card)
2. ITR for the previous two years
3. Bank Statement for the Previous 6 Months (Till current Date)

You can calculate your EMIs with the help of the EMI calculator. After entering the required information, the EMI calculator shows the amount of future EMIs, total interest rate, and total amount without even applying for the loan. This tool is free and simple, which helps you to plan your repayment conveniently.

Faircent Personal Loan Customer Care

In case of any confusion, you can contact the Faircent personal loan by calling the following number:
Call at 0120-4659902 or
you can visit; C-091, 9th Floor Supermart 1, DLF Phase 4, Gurgaon, Gurgaon, Haryana, 122002