Faircent - Loans & Investments

Fairassets Technologies India Pvt. Ltd.

About this app

Peer to Peer Lending – Making Investment More Rewarding and Credit More Reasonable for All

Welcome to FAI₹CENT - India’s leading Peer to Peer (P2P) lending platform and first NBFC-P2P to receive a Certificate of Registration (CoR) from the RBI.

Fairassets Technologies India Pvt Ltd (Faircent.com) has a Certificate of Registration with the number N-14.03417 provided by the Reserve Bank of India allowing us to operate as an NBFC-P2P (Non Banking Financial Company – Peer to Peer Lending) in India.

Founded in 2013 and based in Gurgaon, India, FAI₹CENT facilitates an online credit marketplace. FAI₹CENT app connects ‘borrowers’ looking for loans with ‘lenders’ seeking good returns on investment.

DOWNLOAD THE APP TO GET STARTED NOW!

Apply for a Loan
Be it a wedding, debt consolidation or business funding, you can apply for an instant personal loan with ZERO collateral and 100% online loan processing. Avail a 'Personal loan' or 'Business loan' as per your repayment capacity and choice of tenure.

🌟 Features:
Loan Amount: Minimum Rs. 30,000 to Maximum Rs. 10,00,000.
Rate of Interest / Annual Percentage Rate (APR): Minimum 12% per year to Maximum 28% per year.
Repayment Period: Minimum 6 Months to Maximum 36 Months
Processing Fee: 2.5% to 8.5% of Loan Amount.
GST: 18% of Processing Fee.

A representative example of the total cost of a loan:

For ₹1,00,000 borrowed for 12 months, with interest rate @13% per annum*, a user would pay:
-> Processing fee (@ 3%) = ₹3,000 (Incl GST of 18%)
-> Registration fee of ₹500 (Incl GST of 18%)
-> Interest = ₹7,184
-> EMI (Monthly Repayment)= ₹8,932
Total amount to be repaid = ₹1,10,684
*Interest Rate varies based on your risk profile

Make sure you have documents listed below:
👉 PAN Card,
👉 Aadhaar Card, or Voter ID/Passport
👉 Last 6 months Bank Statement
👉 Last 3 months of Salary Slip (for salaried)
👉 Last year’s ITR

💰 Invest Money in P2P Loans
Faircent offers lenders a unique opportunity to invest in the alternative asset class of P2P loans. You can invest by lending to pre-verified borrowers and earn high returns.

• Simply Install the App to Open Your Lender Account
• Add funds to your Escrow Account to Invest
• Invest in Your Choice of Loans
• Get started with Money Lending Online now

⭐ Features:
1. Invest in borrowers across the country
2. Minimum investment amount – INR 750
3. Offering one of the best return on investment
4. Enjoy regular passive income
5. Easy loan portfolio diversification
6. Best Investment Options for Salaried Person
7. Best Investment Plan to build retirement wealth
8. Best Short-Term Investment Plans

🔒 Security and Protection of Privacy:
Faircent practices transparency and we have no hidden costs and don't take margins from interests decided mutually between the borrower and lender. Please visit https://www.faircent.in/privacy-policy for more info.

☎️ Support
You can contact us at [e-mail]!

Ratings and reviews

It's compete cheat, invested amount finally collected after 5 years.. figures are just virtual when you try to withdraw the actual amount.. RBI intervention much needed in protecting the investors interest... I have invested 1 lac in 2019, which app is showing as the present value is more than 7 lac.. out of which I finally able to withdraw only 1.12 lac after 5 year.. however the principal withdrawal shown as total 7 lac.. Do not fall in this investment trap.. it's complete fake fraud

Not able to see the details. Everytime after login it's stuck at a loading screen without any way to close the loading and cannot see any lending options as an investor. Please fix this.

Trying to login or signup but whenever I am filling register form, putted number but message showing that number already registered but at sign in there is no option to login with number. Only email is the option but I don't know the number connected email currently. Kindly solve.

What's new

-Added Borrower Passbook feature for the user to view the transaction history.
- Minor bug fixes for a smoother experience.