Ram Fincorp

Description

Ram Fincorp – Personal Loan Platform for Salaried & Self-Employed.

Ram Fincorp is a Loan Service Provider (LSP) operated by KUNDANMAL TECHNOLOGY PRIVATE LIMITED.

We act only as a platform. All loans are sanctioned, underwritten, and disbursed by our RBI-registered NBFC partners. Ram Fincorp itself does not lend.

Loan Amount & Tenure

Loan amount: ₹5,000 to ₹2,00,000

Repayment tenure: 91 days to 365 days

APR (Annual Percentage Rate): 15% – 35% (inclusive of interest & fees)

Representative Example

For clarity, here is one sample loan calculation:

Loan Amount: ₹30,000

Tenure: 3 months (91 days)

Annual Interest Rate: 15% p.a. (reducing balance)

Processing Fee: ₹500

GST on Fee (18%): ₹90

Total Fees Deducted Upfront: ₹590

Amount Disbursed: ₹29,410

Monthly EMI: ₹10,272 × 3 months

Total Repayment: ₹30,816

Total Interest: ₹816

Total Cost of Loan (Interest + Fees): ₹1,406

Effective APR (including fees): ~28.8%

(Exact terms vary depending on borrower profile and lender policy.)

Eligibility

Age: 21 – 55 years

Residency: Indian citizen

Minimum monthly income: ₹15,000

Documents required: Aadhaar, PAN, 3 months salary slips, 3–6 months bank statements

How to Apply

Download & open the Ram Fincorp app

Fill in details & upload KYC documents

Select loan amount & repayment plan

Get matched with an RBI-registered NBFC lender

Loan is disbursed directly to your bank account by the NBFC

Why Choose Us

Multiple RBI-approved NBFC partners

100% digital & paperless process

Transparent pricing — no hidden charges

Flexible repayment options

Data privacy with bank-grade encryption

Our Lending Partner

Currently partnered with:

R K Bansal Finance Private Limited (RBI-registered NBFC)

(Additional NBFC partners will be added and disclosed as per RBI guidelines.)

Security & Privacy

Customer data is encrypted and transmitted via secure HTTPS.

We never share data without consent.

The app complies with RBI Digital Lending Guidelines (DLG), 2022.