SRFC CustomerApp

Shri Ram Finance Corporation Private Limited

About this app

Easily apply for Personal Loan, Business (MSME) Loan, Two-Wheeler Refinance Loan or Four-Wheeler Refinance Loan with the SRFC CustomerApp app.

1. Get a Personal Loan

Personal Loan - Features & Benefits
✅ Loan Amount: Up to ₹20 Lakhs
✅ Interest Rate: 24% - 28% P.A.
✅ Loan Tenure: 12 to 60 Months
❌ No security deposit

How to apply for a Personal Loan?
- Download the SRFC CustomerApp App
- Verify using Phone number and OTP
- Set up a 4-digit MPIN and login using MPIN
- In the Personal Loan section, click on ‘Apply’
- Enter your details and click on the save icon on the top right corner of the screen
- Your application will be reviewed by SRFC representatives and if your loan is approved, you will be able to see the status of the loan in the ‘My Loans’ tab on the bottom of the screen.

2. Get a Business (MSME) Loan

Business (MSME) Loan - Features & Benefits
✅ Loan Amount: Up to ₹20 Lakhs
✅ Interest Rate: 24% - 28% P.A.
✅ Loan Tenure: 12 to 60 Months
✅ Stock & Property as Security will be required in case ticket size of >2.50 Lakhs

How to apply for an MSME Loan?
- Download the SRFC CustomerApp App
- Verify using Phone number and OTP
- Set up a 4-digit MPIN and login using MPIN
- In the MSME Loan section, click on ‘Apply’
- Enter your details and click on the save icon on the top right corner of the screen
- Your application will be reviewed by SRFC representatives and if your loan is approved, you will be able to see the status of the loan in the ‘My Loans’ tab on the bottom of the screen.

3. Get a Two-Wheeler Refinance Loan

Two-Wheeler Refinance Loan - Features & Benefits
✅ Loan Amount: Up to ₹2 Lakhs
✅ Interest Rate: 24% - 28% P.A.
✅ Loan Tenure: 10 to 36 Months
✅ Vehicle as Security will be required

How to apply for a Two-Wheeler Refinance Loan?
- Download the SRFC CustomerApp App
- Verify using Phone number and OTP
- Set up a 4-digit MPIN and login using MPIN
- In the Two-Wheeler Loan section, click on ‘Apply’
- Enter your details and click on the save icon on the top right corner of the screen
- Your application will be reviewed by SRFC representatives and if your loan is approved, you will be able to see the status of the loan in the ‘My Loans’ tab on the bottom of the screen.

4. Get a Four-Wheeler Refinance Loan

Four -Wheeler Refinance Loan - Features & Benefits
✅ Loan Amount: Up to ₹8 Lakhs
✅ Interest Rate: 24% - 26% P.A.
✅ Loan Tenure: 12 to 54 Months
✅ Vehicle as Security will be required

How to apply for a Four -Wheeler Refinance Loan?
- Download the SRFC CustomerApp App
- Verify using Phone number and OTP
- Set up a 4-digit MPIN and login using MPIN
- In the Four-Wheeler Loan section, click on ‘Apply’
- Enter your details and click on the save icon on the top right corner of the screen
- Your application will be reviewed by SRFC representatives and upon approval, loan status will show in the ‘My Loans’ tab on the bottom of the screen.

Example of How a Personal/MSME/Two-Wheeler Refinance/Four -Wheeler Refinance Loan works:

Loan Amount - ₹1,00,000
Tenure - 24 months
Interest Rate - 24% (on reducing principal balance interest calculation)
EMI - ₹5,287
Total Interest Payable - ₹5,287 x 24 months - ₹1,00,000 Principal = ₹26,891
Processing Fees @ 3% (incl. GST) - ₹3,000
Disbursed Amount - ₹1,00,000 - ₹3,000 = ₹97,000
Total Amount Payable - ₹5,287 x 24 months = ₹1,26,888
Total Cost of the Loan = Interest Amount + Processing Fees = ₹26,888 + ₹3,000 = ₹29,888

*Note: These numbers are for representation purpose only. Final interest % & APR will depend on the customer’s credit assessment


About SRFC CustomerApp App

SRFC CustomerApp App has been launched to simplify and digitize the overall loan process.

The Above Listed Loans are financed by Shri Ram Finance Corporation Pvt. Ltd. based out of Raipur, Chhattisgarh. An NBFC registered & regulated by the RBI; one of Central India's fastest growing NBFCs.

Contact Us:
Telephone: [phone]
E-mail: [e-mail]