RA Finserv Personal Loan Interest Rates & Eligibility

Last Updated : March 11, 2020, 2:48 p.m.

Rama Arjun Finserv (RA Finserv) provides the personal loan to accomplish your dreams and desires. The company aims at fulfilling the need of funds at the time of requirement. The quick disbursement policy of the bank helps the customer to avail the funds within 24 hours of application. The collateral-free personal loan is extended without any CIBIL check thus reducing the processing time. The customer can avail a personal loan from RA Finserv for the amount up to ₹1 lac at an attractive rate of interest. Get a hassle free loan to finance your requirements and repay the loan in form of EMI . Read the details below before applying for the loan:

RA Finserv Personal Loan Details

How To Apply
To apply for the personal loan contact the customer care or leave your contact details on the official website so that the representatives can contact you. The dealers will call back on the number provided by you and inform about all the process and documents required.

RA Finserv Personal Loan EMI Calculator

EMI is the amount a borrower pays monthly to the lender to settle the loan amount. It is a breakdown of the total repayment amount that comprises a part of the principal amount and the interest amount. This amount can be calculated easily using an EMI calculator that is programmed to reveal an accurate result. The EMI and interest amount are displayed instantly after the user enters the loan amount, tenure and the rate of interest. The user can even know the total repayment amount payable during the tenure.

For Example – Let’s assume, a borrower takes a loan of ₹1,00,000 for the period of 2 years at the interest rate of 24% p.a. then his EMI will be ₹5,287. His total repayment amount will be ₹1,26,891 out of which ₹26,891 is the interest amount.

Table Showing EMI, Total Interest Amount and Total Repayment Amount

Amortization Table

Eligibility Criteria for RA Finserv Personal Loan:

Any salaried person, professional with stable income and business, Pvt. Ltd. Company and partnership firm is suitable to avail a personal loan. The specific eligibility details for salaried and business owner are given below :

Documents Required

The documents required by the salaried and business owner are mentioned in the table below :

Features and Benefits of RA Finserv Personal Loan

• No security required
• Quick disbursement within 24 hours
• No CIBIL checkup
• Credit facility up to ₹1,00,000
• Flexible repayment option of 24 months

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

RA Finserv Contact Number

For more product related information call the service provider on the customer care number – 8742946111, 9015571909. The office dealer will give you all necessary details. Feel free to pose queries and gather detailed information by speaking to the product expert.