![](https://framerusercontent.com/images/dwdJkAHXWFcbY2nqqQUNS30r8Q.jpg?scale-down-to=512)
Trusted by 1L+ Indians
Want to Achieve any of the below Goals upto 80% faster?
![Car Side View](https://framerusercontent.com/images/F45EEWWeYwn7z5TC0FeazpHiu4.png)
Dream Home
![Car Side View](https://framerusercontent.com/images/k7LN66xvD2g1Gc1HxgR9RSLRcXs.png)
Dream Wedding
![Car Side View](https://framerusercontent.com/images/fv1eAokKRsaJKIHQLdViT59Fk.png)
Dream Car
![Motorcycle Side View](https://framerusercontent.com/images/XdmMO7sr0uyRzXFVD1gZ3UJA4.png)
Retirement
![auto rikshaw](https://framerusercontent.com/images/YKuc9uBPrOR3LXNopkne4UZBuY.png)
1st Crore
![](https://framerusercontent.com/images/ofVDVlnLuDYpNIuKPm8IcyFUM.png)
![Car Side View](https://framerusercontent.com/images/F45EEWWeYwn7z5TC0FeazpHiu4.png)
Dream Home
![Car Side View](https://framerusercontent.com/images/k7LN66xvD2g1Gc1HxgR9RSLRcXs.png)
Dream Wedding
![Car Side View](https://framerusercontent.com/images/fv1eAokKRsaJKIHQLdViT59Fk.png)
Dream Car
![Motorcycle Side View](https://framerusercontent.com/images/XdmMO7sr0uyRzXFVD1gZ3UJA4.png)
Retirement
![auto rikshaw](https://framerusercontent.com/images/YKuc9uBPrOR3LXNopkne4UZBuY.png)
1st Crore
![](https://framerusercontent.com/images/ofVDVlnLuDYpNIuKPm8IcyFUM.png)
![](https://framerusercontent.com/images/dwdJkAHXWFcbY2nqqQUNS30r8Q.jpg?scale-down-to=512)
Trusted by 1L+ Indians
Want to Achieve any of the below Goals upto 80% faster?
![Car Side View](https://framerusercontent.com/images/F45EEWWeYwn7z5TC0FeazpHiu4.png)
Dream Home
![Car Side View](https://framerusercontent.com/images/k7LN66xvD2g1Gc1HxgR9RSLRcXs.png)
Dream Wedding
![Car Side View](https://framerusercontent.com/images/fv1eAokKRsaJKIHQLdViT59Fk.png)
Dream Car
![Motorcycle Side View](https://framerusercontent.com/images/XdmMO7sr0uyRzXFVD1gZ3UJA4.png)
Retirement
![auto rikshaw](https://framerusercontent.com/images/YKuc9uBPrOR3LXNopkne4UZBuY.png)
1st Crore
![](https://framerusercontent.com/images/ofVDVlnLuDYpNIuKPm8IcyFUM.png)
![Car Side View](https://framerusercontent.com/images/F45EEWWeYwn7z5TC0FeazpHiu4.png)
Dream Home
![Car Side View](https://framerusercontent.com/images/k7LN66xvD2g1Gc1HxgR9RSLRcXs.png)
Dream Wedding
![Car Side View](https://framerusercontent.com/images/fv1eAokKRsaJKIHQLdViT59Fk.png)
Dream Car
![Motorcycle Side View](https://framerusercontent.com/images/XdmMO7sr0uyRzXFVD1gZ3UJA4.png)
Retirement
![auto rikshaw](https://framerusercontent.com/images/YKuc9uBPrOR3LXNopkne4UZBuY.png)
1st Crore
![](https://framerusercontent.com/images/ofVDVlnLuDYpNIuKPm8IcyFUM.png)
![](https://framerusercontent.com/images/dwdJkAHXWFcbY2nqqQUNS30r8Q.jpg?scale-down-to=512)
Trusted by 3 Crore+ Indians
Want to Achieve any of the below
Goals upto 80% faster?
![Car Side View](https://framerusercontent.com/images/F45EEWWeYwn7z5TC0FeazpHiu4.png)
Dream Home
![Car Side View](https://framerusercontent.com/images/k7LN66xvD2g1Gc1HxgR9RSLRcXs.png)
Dream Wedding
![Car Side View](https://framerusercontent.com/images/fv1eAokKRsaJKIHQLdViT59Fk.png)
Dream Car
![Motorcycle Side View](https://framerusercontent.com/images/XdmMO7sr0uyRzXFVD1gZ3UJA4.png)
Retirement
![auto rikshaw](https://framerusercontent.com/images/YKuc9uBPrOR3LXNopkne4UZBuY.png)
1st Crore
![](https://framerusercontent.com/images/dwdJkAHXWFcbY2nqqQUNS30r8Q.jpg?scale-down-to=512)
Trusted by 3 Crore+ Indians
Want to Achieve any of the below
Goals upto 80% faster?
![Car Side View](https://framerusercontent.com/images/F45EEWWeYwn7z5TC0FeazpHiu4.png)
Dream Home
![Car Side View](https://framerusercontent.com/images/k7LN66xvD2g1Gc1HxgR9RSLRcXs.png)
Dream Wedding
![Car Side View](https://framerusercontent.com/images/fv1eAokKRsaJKIHQLdViT59Fk.png)
Dream Car
![Motorcycle Side View](https://framerusercontent.com/images/XdmMO7sr0uyRzXFVD1gZ3UJA4.png)
Retirement
![auto rikshaw](https://framerusercontent.com/images/YKuc9uBPrOR3LXNopkne4UZBuY.png)
1st Crore
![](https://framerusercontent.com/images/dwdJkAHXWFcbY2nqqQUNS30r8Q.jpg?scale-down-to=512)
Trusted by 3 Crore+ Indians
Want to Achieve any of the below Goals upto 80% faster?
![Car Side View](https://framerusercontent.com/images/F45EEWWeYwn7z5TC0FeazpHiu4.png)
Dream Home
![Car Side View](https://framerusercontent.com/images/k7LN66xvD2g1Gc1HxgR9RSLRcXs.png)
Dream Wedding
![Car Side View](https://framerusercontent.com/images/fv1eAokKRsaJKIHQLdViT59Fk.png)
Dream Car
![Motorcycle Side View](https://framerusercontent.com/images/XdmMO7sr0uyRzXFVD1gZ3UJA4.png)
Retirement
![auto rikshaw](https://framerusercontent.com/images/YKuc9uBPrOR3LXNopkne4UZBuY.png)
1st Crore
![](https://framerusercontent.com/images/ofVDVlnLuDYpNIuKPm8IcyFUM.png)
![](https://framerusercontent.com/images/dwdJkAHXWFcbY2nqqQUNS30r8Q.jpg?scale-down-to=512)
Trusted by 3 Crore+ Indians
Want to Achieve any of the below Goals upto 80% faster?
![Car Side View](https://framerusercontent.com/images/F45EEWWeYwn7z5TC0FeazpHiu4.png)
Dream Home
![Car Side View](https://framerusercontent.com/images/k7LN66xvD2g1Gc1HxgR9RSLRcXs.png)
Dream Wedding
![Car Side View](https://framerusercontent.com/images/fv1eAokKRsaJKIHQLdViT59Fk.png)
Dream Car
![Motorcycle Side View](https://framerusercontent.com/images/XdmMO7sr0uyRzXFVD1gZ3UJA4.png)
Retirement
![auto rikshaw](https://framerusercontent.com/images/YKuc9uBPrOR3LXNopkne4UZBuY.png)
1st Crore
![](https://framerusercontent.com/images/ofVDVlnLuDYpNIuKPm8IcyFUM.png)
Faircent Introduces Business Loans for Entrepreneurs
Faircent Introduces Business Loans for Entrepreneurs
![](https://framerusercontent.com/images/wM1IyPvTt5djWbe4AQnqtE19zI.jpg)
![](https://framerusercontent.com/images/wM1IyPvTt5djWbe4AQnqtE19zI.jpg)
![](https://framerusercontent.com/images/wM1IyPvTt5djWbe4AQnqtE19zI.jpg)
Mar 23, 2024
15 Mins
![](https://framerusercontent.com/images/dqMU0w5yuv3aL2ZIKOdaBauCYE.png)
![](https://framerusercontent.com/images/dqMU0w5yuv3aL2ZIKOdaBauCYE.png)
![](https://framerusercontent.com/images/esKnhQGzrivYErxuJSjFgNQcY.png)
![](https://framerusercontent.com/images/esKnhQGzrivYErxuJSjFgNQcY.png)
Introduction:
Faircent, a renowned peer-to-peer lending platform, is now offering business loans through its registered lenders. Entrepreneurs can apply for a maximum loan amount of up to Rs. 10 Lakhs. These loans come with affordable interest rates starting at just 12% per annum, and the repayment tenure can stretch up to 36 months.
Interested in getting a Faircent Business Loan? Apply now to fulfill your business needs and give your venture the boost it deserves.
Here are the key details about the Faircent Business Loan:
- Rate of Interest: The interest rates for these loans range from 12% to 28% per annum.
- Loan Amount: Entrepreneurs can borrow up to Rs. 10 Lakhs to fuel their business growth.
- Repayment Tenure: The loan can be repaid over a period of up to 36 months.
- Processing Fee: A processing fee of 6% to 8% of the loan amount will be charged.
- One-time Filing Fee: A nominal fee of Rs. 500 will be applicable.
- Prepayment Fee: In case of prepayment before 3 months, a one-time non-refundable fee of Rs. 500 will be charged.
Here's why entrepreneurs should consider opting for a Faircent Business Loan:
- Lower Interest Rates: By eliminating intermediaries, Faircent offers lower interest rates compared to traditional lenders.
- Direct Borrowing: Say goodbye to long bank visits as you can borrow directly from trusted lenders.
- Quick Disbursement: Once your loan request is listed, you can expect funds within hours.
- Easy Application: The application process is seamless and can be completed online.
- Transparent Charges: Faircent believes in transparency and has no hidden charges.
- Funding from Multiple Lenders: Your loan can be funded by multiple lenders, spreading the risk.
- Easy Repayment Dates: You can choose any date between the 1st and 10th of every month as your EMI repayment date, allowing flexibility based on your salary credit date.
- No Prepayment Charges: Faircent doesn't charge a penalty for foreclosure after 3 months of disbursal.
To calculate your monthly EMI for a Faircent Business Loan, simply use the Business Loan EMI Calculator available on our website or Faircent's website. Just enter the loan amount, interest rate, and tenure, and you'll get an instant EMI calculation.
For example, if you need a loan amount of Rs. 10 Lakhs at an interest rate of 12% per annum for a repayment period of 3 years, your monthly EMI will be Rs. 33,214. The total interest to be paid will be Rs. 1,95,715, making the total amount payable to the lender Rs. 11,95,715.
Moreover, Faircent provides an amortization schedule that gives a year-wise breakdown of the principal and interest payments.
If you're still undecided, here's a comparison of Faircent Business Loan with other providers in terms of interest rates, processing fees, and maximum loan limit:
Lender Name | Interest Rate (per annum) | Processing Fee | Maximum Loan Limit
Faircent | 12% - 28% | 6% - 8% | Rs. 10 Lakhs
Lendingkart | 15% - 27% | 2% - 3% | Rs. 2 Crores
RBL Bank | 9.75% onwards | Up to 3% + taxes | Rs. 35 Lakhs
HDFC Bank | 11.90% - 21.35% | 0.99% - 2.50% | Rs. 50 Lakhs
Axis Bank | 9% - 18.50% | Up to 2% + taxes | Rs. 50 Lakhs
When applying for a Faircent Business Loan, you'll need to provide certain documents. These include photographs, proof of identity, proof of address and date of birth, proof of signature, proof of contact, proof of income, IFSC code, and NACH mandate with a matching signature.
To be eligible for a Faircent Business Loan, the following criteria must be met:
- You must be a resident of India, aged 21 years or above.
- You should have a regular source of income.
- Your gross income must be at least Rs. 2 Lakhs per annum.
- All the required documents mentioned in the checklist must be provided.
Keep in mind there are various charges associated with the Faircent Business Loan. These include an interest rate of 12% to 28% per annum, a processing fee ranging from 6% to 8% depending on the loan amount, a one-time filing fee of Rs. 500 (non-refundable), a one-time non-refundable prepayment fee of Rs. 500, penal interest of 18% per annum for missed EMIs, a legal notice fee of Rs. 500 per notice, a fee of Rs. 500 for changing the EMI date or bank account details, and a fee of Rs. 100 for maintaining the statement of accounts.
Should you need any further assistance regarding Faircent Business Loans, you can get in touch with their customer care team. They can be reached via phone at 0120-4659902 from 9:30 AM to 6 PM or by email at support@faircent.com.
For any grievance, you can contact the Grievance Officer Dicky Singh at 0120-4659902 or via email at dicky.singh@faircent.com. Alternatively, you can visit or write to their business office at C-091, 9th Floor Supermart 1, DLF Phase 4, Gurgaon, Haryana, 122002.
Faircent is paving the way for entrepreneurs to access convenient and affordable business loans. Why wait? Apply for a Faircent Business Loan today and take your business to new heights.
Introduction:
Faircent, a renowned peer-to-peer lending platform, is now offering business loans through its registered lenders. Entrepreneurs can apply for a maximum loan amount of up to Rs. 10 Lakhs. These loans come with affordable interest rates starting at just 12% per annum, and the repayment tenure can stretch up to 36 months.
Interested in getting a Faircent Business Loan? Apply now to fulfill your business needs and give your venture the boost it deserves.
Here are the key details about the Faircent Business Loan:
- Rate of Interest: The interest rates for these loans range from 12% to 28% per annum.
- Loan Amount: Entrepreneurs can borrow up to Rs. 10 Lakhs to fuel their business growth.
- Repayment Tenure: The loan can be repaid over a period of up to 36 months.
- Processing Fee: A processing fee of 6% to 8% of the loan amount will be charged.
- One-time Filing Fee: A nominal fee of Rs. 500 will be applicable.
- Prepayment Fee: In case of prepayment before 3 months, a one-time non-refundable fee of Rs. 500 will be charged.
Here's why entrepreneurs should consider opting for a Faircent Business Loan:
- Lower Interest Rates: By eliminating intermediaries, Faircent offers lower interest rates compared to traditional lenders.
- Direct Borrowing: Say goodbye to long bank visits as you can borrow directly from trusted lenders.
- Quick Disbursement: Once your loan request is listed, you can expect funds within hours.
- Easy Application: The application process is seamless and can be completed online.
- Transparent Charges: Faircent believes in transparency and has no hidden charges.
- Funding from Multiple Lenders: Your loan can be funded by multiple lenders, spreading the risk.
- Easy Repayment Dates: You can choose any date between the 1st and 10th of every month as your EMI repayment date, allowing flexibility based on your salary credit date.
- No Prepayment Charges: Faircent doesn't charge a penalty for foreclosure after 3 months of disbursal.
To calculate your monthly EMI for a Faircent Business Loan, simply use the Business Loan EMI Calculator available on our website or Faircent's website. Just enter the loan amount, interest rate, and tenure, and you'll get an instant EMI calculation.
For example, if you need a loan amount of Rs. 10 Lakhs at an interest rate of 12% per annum for a repayment period of 3 years, your monthly EMI will be Rs. 33,214. The total interest to be paid will be Rs. 1,95,715, making the total amount payable to the lender Rs. 11,95,715.
Moreover, Faircent provides an amortization schedule that gives a year-wise breakdown of the principal and interest payments.
If you're still undecided, here's a comparison of Faircent Business Loan with other providers in terms of interest rates, processing fees, and maximum loan limit:
Lender Name | Interest Rate (per annum) | Processing Fee | Maximum Loan Limit
Faircent | 12% - 28% | 6% - 8% | Rs. 10 Lakhs
Lendingkart | 15% - 27% | 2% - 3% | Rs. 2 Crores
RBL Bank | 9.75% onwards | Up to 3% + taxes | Rs. 35 Lakhs
HDFC Bank | 11.90% - 21.35% | 0.99% - 2.50% | Rs. 50 Lakhs
Axis Bank | 9% - 18.50% | Up to 2% + taxes | Rs. 50 Lakhs
When applying for a Faircent Business Loan, you'll need to provide certain documents. These include photographs, proof of identity, proof of address and date of birth, proof of signature, proof of contact, proof of income, IFSC code, and NACH mandate with a matching signature.
To be eligible for a Faircent Business Loan, the following criteria must be met:
- You must be a resident of India, aged 21 years or above.
- You should have a regular source of income.
- Your gross income must be at least Rs. 2 Lakhs per annum.
- All the required documents mentioned in the checklist must be provided.
Keep in mind there are various charges associated with the Faircent Business Loan. These include an interest rate of 12% to 28% per annum, a processing fee ranging from 6% to 8% depending on the loan amount, a one-time filing fee of Rs. 500 (non-refundable), a one-time non-refundable prepayment fee of Rs. 500, penal interest of 18% per annum for missed EMIs, a legal notice fee of Rs. 500 per notice, a fee of Rs. 500 for changing the EMI date or bank account details, and a fee of Rs. 100 for maintaining the statement of accounts.
Should you need any further assistance regarding Faircent Business Loans, you can get in touch with their customer care team. They can be reached via phone at 0120-4659902 from 9:30 AM to 6 PM or by email at support@faircent.com.
For any grievance, you can contact the Grievance Officer Dicky Singh at 0120-4659902 or via email at dicky.singh@faircent.com. Alternatively, you can visit or write to their business office at C-091, 9th Floor Supermart 1, DLF Phase 4, Gurgaon, Haryana, 122002.
Faircent is paving the way for entrepreneurs to access convenient and affordable business loans. Why wait? Apply for a Faircent Business Loan today and take your business to new heights.
Author
![Harish Malhi](https://framerusercontent.com/images/h6g0FcqXfj7IKoouHlXDw2YoI.png)
![Harish Malhi](https://framerusercontent.com/images/h6g0FcqXfj7IKoouHlXDw2YoI.png)
![Harish Malhi](https://framerusercontent.com/images/h6g0FcqXfj7IKoouHlXDw2YoI.png)
Pluto Team
Share with your friends
Help you friends in learning more about personal finance by share this blog.
Help you friends in learning
more about personal finance
by share this blog.
Help you friends in learning more about personal
finance by share this blog.
Silimar Blogs
![](https://framerusercontent.com/images/YRypqF3s4CAkPiIr412VJu0CM.jpg)
![](https://framerusercontent.com/images/YRypqF3s4CAkPiIr412VJu0CM.jpg)
Axis Bank Credit Card Net Banking
Axis Bank Credit Card Net Banking
August 5, 2024
![](https://framerusercontent.com/images/YRypqF3s4CAkPiIr412VJu0CM.jpg)
![](https://framerusercontent.com/images/YRypqF3s4CAkPiIr412VJu0CM.jpg)
![](https://framerusercontent.com/images/CNi9k4ZA66fNHvXuQxl8v5VPHU.jpg)
![](https://framerusercontent.com/images/CNi9k4ZA66fNHvXuQxl8v5VPHU.jpg)
PNB Fixed Deposit (FD) Interest Rates
PNB Fixed Deposit (FD) Interest Rates
August 5, 2024
![](https://framerusercontent.com/images/CNi9k4ZA66fNHvXuQxl8v5VPHU.jpg)
![](https://framerusercontent.com/images/CNi9k4ZA66fNHvXuQxl8v5VPHU.jpg)
![](https://framerusercontent.com/images/MCStX5FbPLsvBgUgnM2JJItE5Q.jpg)
![](https://framerusercontent.com/images/MCStX5FbPLsvBgUgnM2JJItE5Q.jpg)
Linking Aadhaar to Your Punjab National Bank Account
Linking Aadhaar to Your Punjab National Bank Account
August 5, 2024
![](https://framerusercontent.com/images/MCStX5FbPLsvBgUgnM2JJItE5Q.jpg)
![](https://framerusercontent.com/images/MCStX5FbPLsvBgUgnM2JJItE5Q.jpg)
![](https://framerusercontent.com/images/lUjCBrNLEAnXEBe5MXGIgEqws8I.jpg)
![](https://framerusercontent.com/images/lUjCBrNLEAnXEBe5MXGIgEqws8I.jpg)
PNB SIP Calculator
PNB SIP Calculator
August 5, 2024
![](https://framerusercontent.com/images/lUjCBrNLEAnXEBe5MXGIgEqws8I.jpg)
![](https://framerusercontent.com/images/lUjCBrNLEAnXEBe5MXGIgEqws8I.jpg)
![](https://framerusercontent.com/images/DedeZwWP4kQn9AFBpCMTDyoCOA.jpg)
![](https://framerusercontent.com/images/DedeZwWP4kQn9AFBpCMTDyoCOA.jpg)
How to Close a PNB Account Online & Offline?
How to Close a PNB Account Online & Offline?
August 5, 2024
![](https://framerusercontent.com/images/DedeZwWP4kQn9AFBpCMTDyoCOA.jpg)
![](https://framerusercontent.com/images/DedeZwWP4kQn9AFBpCMTDyoCOA.jpg)
![](https://framerusercontent.com/images/8bUkN14TjHkfED5ctMxvoxfwqiU.jpg)
![](https://framerusercontent.com/images/8bUkN14TjHkfED5ctMxvoxfwqiU.jpg)
TDS Refund - How to Claim TDS Refund
TDS Refund - How to Claim TDS Refund
August 5, 2024
![](https://framerusercontent.com/images/8bUkN14TjHkfED5ctMxvoxfwqiU.jpg)
![](https://framerusercontent.com/images/8bUkN14TjHkfED5ctMxvoxfwqiU.jpg)
View More
Download App
Explore More
Managing assets totalling over 1 crore+