Peer to Peer Lending тАУ Making Investment More Rewarding and Credit More Reasonable for AllWelcome to FAIтВ╣CENT - IndiaтАЩs 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 тАУ Peer to Peer Lending) in India.Founded in 2013 and based in Gurgaon, India, FAIтВ╣CENT facilitates an online credit marketplace. FAIтВ╣CENT app connects тАШborrowersтАЩ looking for loans with тАШlendersтАЩ seeking good returns on investment.
DOWNLOAD THE APP TO GET STARTED NOW! Apply for a LoanBe 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.
ЁЯМЯ 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 тВ╣1,00,000 borrowed for 12 months, with interest rate @13% per annum*, a user would pay:
-> Processing fee (@ 3%) = тВ╣3,000 (Incl GST of 18%)
-> Registration fee of тВ╣500 (Incl GST of 18%)
-> Interest = тВ╣7,184
-> EMI (Monthly Repayment)= тВ╣8,932
Total amount to be repaid = тВ╣1,10,684
*Interest Rate varies based on your risk profile
Make sure you have documents listed below:ЁЯСЙ PAN Card,
ЁЯСЙ Aadhaar Card, or Voter ID/Passport
ЁЯСЙ Last 6 months Bank Statement
ЁЯСЙ Last 3 months of Salary Slip (for salaried)
ЁЯСЙ Last yearтАЩs ITR
ЁЯТ░ Invest Money in P2P LoansFaircent 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.
тАв Simply Install the App to Open Your Lender Account
тАв Add funds to your Escrow Account to Invest
тАв Invest in Your Choice of Loans
тАв Get started with Money Lending Online now
тнР Features:1. Invest in borrowers across the country
2. Minimum investment amount тАУ 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
ЁЯФТ 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.
тШОя╕П SupportYou can contact us at support@faircent.com!