Who Can Become a Lender (Investor) | Lender Eligibility Criteria | Faircent

Lender eligibility criteria

Faircent is a mature, new-age financial instrument for discerning investors. It is for those who can go beyond conventional wisdom and traditional routes of investment to make independent and well-judged risk assessments. It allows Lenders to have greater control over their money and provides an investment route where they do not have to share their interest incomes with intermediaries.

We, at Faircent, seek to facilitate convenient lending opportunities for everyone. The platform provides the simplest and fastest method of registering as a lender, to anyone who is willing to lend. Our criterions are most basic and simple.

Any ‘Person’ can become a lender on the platform and ‘person’ shall include

1. an individual,
2. a body of individuals,
3. a HUF,
4. a firm,
5. a society, or
6. any artificial body, whether incorporated or not.

A Lender has to:

• Have a valid bank account in India.
• Have a PAN card.
• Agree to abide by
• Faircent Policies.
• Adhere to Lender Code of conduct

Institutional lenders

• Only RBI listed finance companies or Companies formed under the Indian Companies Act are eligible to apply

We at Faircent are committed to Client confidentiality and the security of all information provided to us. We use this confidential information strictly for official purposes. We encourage all to please read  Faircent Policy and Terms and Conditions carefully.

Simply click on the SIGN UP icon to your right, and register through the simple step by step process as instructed. Go ahead and take the first step to make every % counts!

Faircent strongly recommends that Lenders should invest from their surplus income and not borrow to do the same.

QUICK CHECK OF DOCUMENTS REQUIRED

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
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 3 months
7(b)	IFSC Code	1 canceled cheque or photocopy of the front page of the bank’s passbook
8	Proof of Income	Last year’s Business/Personal ITR or Income Declaration