Lord Fincap Personal Loan – Apply Online 2022

Personal Loan

Quotes from 18 banks | Instant Approval | Maximum Loan Eligibility

    Almost done, few more details required.

    Require the funds to fulfil your dreams of purchasing a car, own a house or to go on a vacation. Apply for a personal loan at the Lord Fincap and turn your dreams into reality. The company provides collateral-free loans to fulfill the urgent financial needs of the people by extending the funds up to ₹5 lacs at the reasonable rate of interest. More details about the loan offered by the company is given below:

    Lord Fincap Personal Loan Details

    ParticularsDetails
    Interest RateCustomised
    Loan Amount₹50,000 – 5,00,000
    Tenure12- 60 months
    Processing FeeBased on company's policy

    How To Apply

    To apply for a personal loan call on the customer care number or send an e-mail. You can even avail the loan by visiting the branch office located in Delhi and Jaipur.

    Lord Fincap Personal Loan EMI Calculator

    EMI stands for Equated Monthly Installment. It is the convenient monthly amount that the borrower has to pay to settle the loan availed. The EMI consists of both principal and interest amount. This amount can be computed using the EMI calculator, a device designed specifically to help the borrower know his monthly installment amount. It’s working is very simple. The user just needs to enter the loan amount, tenure and the rate of interest. It will automatically calculate the result. And will reveal the total interest amount charged on the loan.

    For Example – A person avails a loan of ₹5,00,000 for his daughter’s wedding for the period of 5 years at say, the interest rate of 20% p.a. , then his computed EMI will be ₹13,247.

    People Also Look For  How Much is the Interest Rate on a Personal Loan? Read This to Know the Answer  

    Table Showing EMI, Total Interest Amount and Total Repayment Amount

    Loan Amount
    (in ₹)
    Interest Rate
    (p.a.)
    Tenure
    (in years)
    EMI
    (in ₹)
    Total Interest Amount
    (in ₹)
    Total Repayment Amount (Principal + Interest)
    (in ₹)
    5,00,00020%146317558075,55,807
    5,00,00020%2254481,10,7506,10,750
    5,00,00020%3185821,68,9456,68,945
    5,00,00020%4152152,30,3297,30,329
    5,00,00020%5132472,94,8177,94,817

    Amortization Table

    YearPrincipal
    (in ₹)
    Interest
    (in ₹)
    Balance Amount
    (in ₹)
    164681942834,35,319
    278872800923,56,447
    396175627892,60,272
    41,17,276416881,42,996
    51,43,21315960

    Eligibility Criteria:

    The candidate with a stable source of income and belonging to the below- mentioned category is eligible to avail a loan from the company:

    • Salaried Individuals
    • Business Owners
    • Partnership/  Pvt. Ltd. Company
    • Professionals

    Documentation

    CategoryDocuments Required
    Identity ProofAny of the following documents are acceptable as proof of identity -
    Passport
    Driving Licence
    Voter ID Card
    Aadhar Card
    PAN Card
    Address ProofAny of the following documents is acceptable as address proof -

    Driving Licence
    Ration Card
    Gas Bill with Gas book
    Income Proof DocumentsBank Statement for last 6 months
    Post Dated Cheques and Electronic Clearing Mandates
    Legal Documents as stipulated by the finance company
    Collateral Security as advised by the finance company
    Any other document as advised by the finance company

    Factors Affecting Personal Loan Eligibility

    The factors that affect Personal loan eligibility are:

    • Monthly Income
    • Age
    • Monthly Expenses
    • Any Other Loan
    • Credit History
    • Job Stability
    • Category of your Employer

    Features & Benefits

    • Avail loans from ₹50,000 – 5,00,000
    • Flexible repayment tenure ranging from 12 – 60 months
    • Competitive interest rate
    • No collateral or security required
    • Minimal paperwork and hassle free processing
    • Fast loan approval
    People Also Look For  Top-up Personal Loans

    Lord Fincap Contact Details

    You can call on the customer care number to pose your query and gain further details of the product. The expertise service is available on the telephone and email. Call on 011-41632058/59 or send an e-mail on the mail id provided on the company’s official website.

    People Also Look For

    Leave a Reply

    Your email address will not be published.

  • Personal Loan Interest Rates July 2022
    Fullerton India12.00% - 24.00%
    HDFC Bank10.99% - 15.00%
    ICICI Bank10.50% - 18.00%
    IndusInd Bank10.49% - 31.50%
    Kotak Bank10.75%
    RBL17.50% - 26.00%
    Standard Chartered Bank10.75% - 13.00%
    Tata Capital10.75% - 18.00%