SRFC CustomerApp

Features SRFC CustomerApp

Easily apply for Personal Loan, Business (MSME) Loan, Two-Wheeler Refinance Loan or Four-Wheeler Refinance Loan with the SRFC CustomerApp app.1.
Get a Personal LoanPersonal Loan - Features & Benefits
✅ Loan Amount: Up to ₹20 Lakhs
✅ Interest Rate: 24% - 28% P.A.
✅ Loan Tenure: 12 to 60 Months
❌ No security depositHow to apply for a Personal Loan?- Download the SRFC CustomerApp App- Verify using Phone number and OTP- Set up a 4-digit MPIN and login using MPIN- In the Personal Loan section, click on ‘Apply’- Enter your details and click on the save icon on the top right corner of the screen- Your application will be reviewed by SRFC representatives and if your loan is approved, you will be able to see the status of the loan in the ‘My Loans’ tab on the bottom of the screen.
2.
Get a Business (MSME) LoanBusiness (MSME) Loan - Features & Benefits
✅ Loan Amount: Up to ₹20 Lakhs
✅ Interest Rate: 24% - 28% P.A.
✅ Loan Tenure: 12 to 60 Months
✅ Stock & Property as Security will be required in case ticket size of >2.50 LakhsHow to apply for an MSME Loan?- Download the SRFC CustomerApp App- Verify using Phone number and OTP- Set up a 4-digit MPIN and login using MPIN- In the MSME Loan section, click on ‘Apply’- Enter your details and click on the save icon on the top right corner of the screen- Your application will be reviewed by SRFC representatives and if your loan is approved, you will be able to see the status of the loan in the ‘My Loans’ tab on the bottom of the screen.3.
Get a Two-Wheeler Refinance LoanTwo-Wheeler Refinance Loan - Features & Benefits
✅ Loan Amount: Up to ₹2 Lakhs
✅ Interest Rate: 24% - 28% P.A.
✅ Loan Tenure: 10 to 36 Months
✅ Vehicle as Security will be requiredHow to apply for a Two-Wheeler Refinance Loan?- Download the SRFC CustomerApp App- Verify using Phone number and OTP- Set up a 4-digit MPIN and login using MPIN- In the Two-Wheeler Loan section, click on ‘Apply’- Enter your details and click on the save icon on the top right corner of the screen- Your application will be reviewed by SRFC representatives and if your loan is approved, you will be able to see the status of the loan in the ‘My Loans’ tab on the bottom of the screen.4.
Get a Four-Wheeler Refinance LoanFour -Wheeler Refinance Loan - Features & Benefits
✅ Loan Amount: Up to ₹8 Lakhs
✅ Interest Rate: 24% - 26% P.A.
✅ Loan Tenure: 12 to 54 Months
✅ Vehicle as Security will be requiredHow to apply for a Four -Wheeler Refinance Loan?- Download the SRFC CustomerApp App- Verify using Phone number and OTP- Set up a 4-digit MPIN and login using MPIN- In the Four-Wheeler Loan section, click on ‘Apply’- Enter your details and click on the save icon on the top right corner of the screen- Your application will be reviewed by SRFC representatives and upon approval, loan status will show in the ‘My Loans’ tab on the bottom of the screen.Example of How a Personal/MSME/Two-Wheeler Refinance/Four -Wheeler Refinance Loan works:Loan Amount - ₹1,00,000Tenure - 24 monthsInterest Rate - 24% (on reducing principal balance interest calculation)EMI - ₹5,287Total Interest Payable - ₹5,287 x 24 months - ₹1,00,000 Principal = ₹26,891 Processing Fees @ 3% (incl.
GST) - ₹3,000Disbursed Amount - ₹1,00,000 - ₹3,000 = ₹97,000Total Amount Payable - ₹5,287 x 24 months = ₹1,26,888Total Cost of the Loan = Interest Amount + Processing Fees = ₹26,888 + ₹3,000 = ₹29,888*Note: These numbers are for representation purpose only.
Final interest % & APR will depend on the customer’s credit assessmentAbout SRFC CustomerApp App SRFC CustomerApp App has been launched to simplify and digitize the overall loan process.
The Above Listed Loans are financed by Shri Ram Finance Corporation Pvt.
Ltd.
based out of Raipur, Chhattisgarh.
An NBFC registered & regulated by the RBI; one of Central Indias fastest growing NBFCs.
Contact Us:Telephone: 18002708200E-mail: [email protected]