Faircent - Personal Loan and Investments

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.


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 Tenure: 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

📑 Convenience Fee:
1. Lenders need to pay Rs. 1000/- at the time of registration. This is a non-refundable one-time fee.
2. Borrower need to pay Rs. 500/- at the time of registration. This is a non-refundable one-time fee.

🔒 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.com/privacy-policy for more info.

☎️ Support
You can contact us at support@faircent.com!
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What's New

Release Version: 5.9.29 Release date: 22 October 2021
1. Withdrawal Functionality.
2. Group Loan listing.
3. Minor Bug fixes.
Read more

Additional Information

November 19, 2021
Current Version
Requires Android
4.4 and up
Content Rating
Offered By
Fairassets Technologies India Pvt. Ltd.
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