Faircent

 

Borrower Eligibility Criteria

A Borrower on Faircent must:

1. Be a resident of India.
2. Have a minimum gross income of INR 2 lacs per annum.
3. Provide all the documents mentioned in the checklist.

QUICK CHECK OF DOCUMENTATION REQUIRED

Borrowers will be required to provide Faircent with following documentation at the time of verification.

1	Photographs	2 copies
2	Identity Proof (any one of the following)	PAN Card Adhaar Card Voter ID Passport
3	Date of Birth Proof (any one of the following)	PAN Card Passport
4	Signature Proof (any one of the following)	PAN Card Signature verification from your bank Passport
5	Address Proof (any one of the following)	Passport Bank Statement  Voter ID  Electricity Bill (within last 3 months)  Post paid Telephone Bill
6	Contact Proof (any one of the following)	Post paid Mobile Bill (last month) Post paid Landline Bill (last month)
7(a)	Bank Statements	Last 6 months
7(b)	IFSC code	Scanned/canceled cheque or copy of the front page of pass book of same bank account
8	Proof of Income	Last 3 months of Salary Slip (For Salaried Professional) Last 2 year’s Business/Personal ITR & Take home salary (For Business Professional)
9	NACH Mandate	Please ensure sign matches bank account signatures
10	e-Mandate	Will be required if loan request is approved. Please keep debit card/net banking details of the bank account whose details were entered at the time of registration ready.

NACH is used to electronically transfer funds from lender’s escrow account to Borrower’s bank account and to make repayments from borrower’s account to lender’s escrow account. Thus, it’s important to ensure that the sign on the NACH mandate matches with the borrower’s bank account signature.

Information provided by you will be used strictly for official purposes, and Faircent safeguards client confidentiality. For further information, please read the Faircent Policy and Terms and Conditions mentioned on the website.

FAIRCENT LOAN