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Faircent

India's first RBI registered peer to peer lending platform.

About Faircent

Faircent is a financial services company located in Gurugram, Haryana. It operates India's first RBI-registered peer-to-peer lending platform, providing a virtual marketplace where borrowers and lenders can interact directly to secure loans or earn high returns.

India's first RBI registered P2P lending platformOffers personal loans up to Rs. 5,00,000Offers business loans up to Rs. 10,00,000Automated e/NACH mandate for easy EMI repaymentsFounded in 2013 by industry experts

Services and products

  • Personal Loan
  • Business Loan
  • Lending / Investment
  • Filing Fee · Rs. 500
  • Pre-Payment Fee · Rs. 500

Business details

Category
Financial Services
Address
5th Floor, Lemon Tree Hotel, 5C & 5D
Pincode
122098
Phone
+918010052020
Email
support@faircent.com
Established
2013

Frequently asked questions

Why borrow through Faircent?

Faircent offers borrowers a lower interest rate and less hassle than traditional financing options, featuring attractive fixed rates, an easy online application, friendly service, and no hidden fees.

How much can I borrow on Faircent?

For personal requirements, loan amounts can vary from Rs. 10,000 to Rs. 5,00,000. For business purposes, a borrower can apply for a loan up to Rs. 10,00,000.

Will I be funded by an individual lender or by multiple lenders on Faircent?

As per Faircent policy, no single lender can fund the entire loan requirement of a borrower, so your loan will be funded by multiple lenders.

Can I pre-pay my EMI or repay my loan early on Faircent?

Yes, pre-closure can be done after three months from loan disbursal without additional charges, or prior to three months by paying the balance interest due for three months and a Rs. 500 pre-payment fee.

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