Lord Fincap Personal Loan – Apply Online 2022

Last Updated : Nov. 17, 2016, 2:30 a.m.

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:

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Lord Fincap Personal Loan Details

Particulars	Details
Interest Rate	Customised
Loan Amount	₹50,000 – 5,00,000
Tenure	12- 60 months
Processing Fee	Based 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.

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 ₹)
5,00,000	20%	1	46317	55807	5,55,807
5,00,000	20%	2	25448	1,10,750	6,10,750
5,00,000	20%	3	18582	1,68,945	6,68,945
5,00,000	20%	4	15215	2,30,329	7,30,329
5,00,000	20%	5	13247	2,94,817	7,94,817

Amortization Table

Year	Principal (in ₹)	Interest (in ₹)	Balance Amount (in ₹)
1	64681	94283	4,35,319
2	78872	80092	3,56,447
3	96175	62789	2,60,272
4	1,17,276	41688	1,42,996
5	1,43,213	15960	0

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

Category	Documents Required
Identity Proof	Any of the following documents are acceptable as proof of identity - Passport Driving Licence Voter ID Card Aadhar Card PAN Card
Address Proof	Any of the following documents is acceptable as address proof - Driving Licence Ration Card Gas Bill with Gas book
Income Proof Documents	Bank 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

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.