Faircent Pocket Loan
Faircent Pocket Loan - with Instant Approval
Fairassets Technologies India Pvt. Ltd. · com.faircent.pocket.loan
UpdatedNov 1, 2022
PublishedMay 29, 2021
Packagecom.faircent.pocket.loan
MD5b996d221efa2a2007c34492ee5c378e5
SHA1 (signer)46:1C:28:87:B4:3A:3A:18:5F:B9:27:FF:F1:22:DD:3A:0A:36:83:DD
Signed byCN=Android, OU=Android, O=Google Inc., L=Mountain View, ST=California, C=US
Architecturesx86, x86-64, armeabi, armeabi-v7a, arm64-v8a
Malware scanTRUSTED
Websitehttps://www.faircent.com
Contact[email protected]
Privacy policyView
Description
Looking for a way to get a small loan to cover unexpected expenses? Look no further than Faircent Pocket Loan!
With Pocket Loan App, you can get the cash you need quickly and without having to have awkward conversations with friends and family to borrow money.
Get started with a loan amount of ₹1,000 going to ₹25,000. Your good track record of repayment of your loan will help you to access loans for a higher amount that can go up to Rs. 25000.
Easy 4-Step application process complemented by fast approval with instant disbursement makes getting the money in your account a breeze.
Low interest rates are determined by the Faircent automated credit appraisal mechanism.
Re-apply once your loan is paid to get Instant Repeat Loans within minutes.
Brought to you by India’s 1st and largest (P2P) lending platform, Faircent.
Faircent Pocket Loan helps salaried and self-employed people all over India to get quick personal loans.
Loan Amount: Rs 1,000 to Rs 25,000
Tenure Flexibility: 2 Months to 6 Months
Minimum Salary: Rs 25,000
Documentation: No Documentation, just PAN and AADHAAR details
Disbursement: Fast Disbursement
What’s more? Free Faircent Credit Score based on your relationship and financial history
The key eligibility criteria for taking an instant personal loan from Pocket Loan App are as follows:
Age: 21 to 58 years
Income above Rs. 25,000 per month
Good Credit History
Salaried or Self Employed Citizen of India
Complete your loan application and get an offer.
Choose loan amount, tenure and accept the offer based on your requirements.
Complete your e-verification and setup Auto Debit of EMIs from your Bank account.
Sign Agreement and get the loan amount credited into your Bank account.
Rate of Interest: Flat 2% to 3% per month depending on your chosen Loan Tenure.
Processing Fees % (Including GST): 10% of the loan amount.
Late Payment Charges: For loan amount upto ₹5,000 late payment charges of ₹50 per day and for loan amounts above ₹5,000 late payment charges of ₹100 per day will be applicable. Late payment charges is applied for each missed EMI and are charged after the 4-day grace period for the entire period of delay from the first overdue EMI date.
Bounce Charges: For every missed EMI a one-time bounce charge of ₹100 for loan amount upto ₹10,000 and ₹500 for loan amount above ₹10,000 will apply.
Overdue Interest: An overdue interest calculated at the rate of 18.00% per annum will be applicable after the 4-day grace period. Overdue Interest will be charged on Overdue Principal for the entire period of delay from the first overdue EMI date.
Pay your EMIs on time and you will not have to pay any overdue interest, late payment, or bounce charges. It will help you build a healthy Credit Score, and unlock higher loan limits for you.
For ₹25,000 borrowed for 6 months, with an interest rate of 3.00 % per month (@36% per annum)*, a user would pay:
Processing fee (@ 10%) = ₹2500 (Include GST of 18%)
Interest (@3 % per month)= ₹2690
Amount Disbursed = ₹22,500
EMI (per month)= ₹4615 (Calculated on Reducing Balance Method)
Total amount to be repaid = ₹ 27690
The penalty is charged only when someone delays their scheduled payment.
*Interest Rate varies based on your Loan Tenure
Required features
- Camera android.hardware.camera
- Camera Autofocus android.hardware.camera.autofocus
- Faketouch android.hardware.faketouch
- Telephony android.hardware.telephony
- Wifi android.hardware.wifi
Permissions (29)
Faircent Pocket Loan requests the following Android permissions:
- Access Network State android.permission.ACCESS_NETWORK_STATE
- Access Wifi State android.permission.ACCESS_WIFI_STATE
- Camera android.permission.CAMERA
- Foreground Service android.permission.FOREGROUND_SERVICE
- Internet android.permission.INTERNET
- Read App Badge android.permission.READ_APP_BADGE
- Read External Storage android.permission.READ_EXTERNAL_STORAGE
- Read Phone Numbers android.permission.READ_PHONE_NUMBERS
- Read Sms android.permission.READ_SMS
- Receive Boot Completed android.permission.RECEIVE_BOOT_COMPLETED
- Wake Lock android.permission.WAKE_LOCK
- Write External Storage android.permission.WRITE_EXTERNAL_STORAGE
- Com Anddoes Launcher Permission Update Count com.anddoes.launcher.permission.UPDATE_COUNT
- C2dm Permission Receive com.google.android.c2dm.permission.RECEIVE
- Finsky Permission Bind Get Install Referrer Service com.google.android.finsky.permission.BIND_GET_INSTALL_REFERRER_SERVICE
- Com Htc Launcher Permission Read Settings com.htc.launcher.permission.READ_SETTINGS
- Com Htc Launcher Permission Update Shortcut com.htc.launcher.permission.UPDATE_SHORTCUT
- Com Huawei Android Launcher Permission Change Badge com.huawei.android.launcher.permission.CHANGE_BADGE
- Com Huawei Android Launcher Permission Read Settings com.huawei.android.launcher.permission.READ_SETTINGS
- Com Huawei Android Launcher Permission Write Settings com.huawei.android.launcher.permission.WRITE_SETTINGS
- Com Majeur Launcher Permission Update Badge com.majeur.launcher.permission.UPDATE_BADGE
- Com Oppo Launcher Permission Read Settings com.oppo.launcher.permission.READ_SETTINGS
- Com Oppo Launcher Permission Write Settings com.oppo.launcher.permission.WRITE_SETTINGS
- Com Sec Android Provider Badge Permission Read com.sec.android.provider.badge.permission.READ
- Com Sec Android Provider Badge Permission Write com.sec.android.provider.badge.permission.WRITE
- Com Sonyericsson Home Permission Broadcast Badge com.sonyericsson.home.permission.BROADCAST_BADGE
- Com Sonymobile Home Permission Provider Insert Badge com.sonymobile.home.permission.PROVIDER_INSERT_BADGE
- Me Everything Badger Permission Badge Count Read me.everything.badger.permission.BADGE_COUNT_READ
- Me Everything Badger Permission Badge Count Write me.everything.badger.permission.BADGE_COUNT_WRITE
