Ram Fincorp Reviews 108

TrustScore 1.5 out of 5

1.3

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Review summary

Created with AI, based on recent reviews

Evaluating 60 reviews, most reviewers were let down by their experience overall. Many customers expressed significant dissatisfaction with the high interest rates and processing fees, which they found exorbitant and often hidden. People frequently reported issues with the application process, where initial interest rates differed from those applied after disbursement, leading to unexpected and much higher repayment amounts. The customer service and staff were widely criticized for being unresponsive, rude, and unprofessional, often using firm methods for repayment. Reviewers also faced problems with payments not being updated in the app even after being made, leading to continued communication regarding outstanding balances and additional charges. However, some customers also noted that the company does provide money, which was helpful in critical situations, despite the unfavorable terms.

What people talk about most

Payment

Clients share negative opinions on payment, with many reporting issues such as hidden charges, high... See more

Price

People report negative experiences with price, citing extremely high interest, processing fees, and other... See more

Application

Reviewers mention significant dissatisfaction with the app, frequently describing it as misleading due to... See more

Staff

Customers had negative experiences with staff, frequently reporting unprofessional and rude behavior from... See more

Customer service

Reviewers highlight negative aspects of customer service, with many experiencing poor and unresponsive... See more

Reviews shaping this summary

Rated 1 out of 5 stars

Ram fincorp is biggest scams in history of India. They are looting innocent middle class indians. I took loan of 15000/- . I got 13000/- in hand after deduction of service fees. And now they are deman... See more

Rated 1 out of 5 stars

Very High Interest rates and processing fees. After applying for Rs. 9000 of credit limit you get 7938 rupees after deduction of processing fees and repayment of 11970 withing 33 days that means 50-55... See more

Rated 1 out of 5 stars

This company under the lending partner R K Bansal and Co. is looting people's in broad day light with its superhigh interest rates and people in emergency needs fall trap, this is their business model... See more

Rated 1 out of 5 stars

#Ram Fincorp I made the full foreclosure payment to Ram Fincorp over a week ago, but there has been no update or response since then. I have been calling their support number daily, but no on... See more


Company details

  1. Loan Agency
  2. Alternative Financial Service

Written by the company

Ram Fincorp offers tension-free, easy, and instant personal loans right at your fingertips. Not only do we provide you with the fastest disbursal ever possible but also low-interest rates. The loan will be credited to your bank account through us, your trusted NBFC in around 30 minutes! We are a RBI registered NBFC committed to offering personal credits to salaried professionals. We stand for catering to your individual financing needs in an easy way by including innovation to the credit buying handle, in this manner giving you moment get to reserves in a straightforward and straightforward way. We provide loans that are available at affordable interest rates due to a minimal risk profile


Contact info

1.3

Bad

TrustScore 1.5 out of 5

108 reviews

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No history of asking for reviews

This company hasn't invited their customers, so reviews may not be representative

Hasn’t replied to negative reviews

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Rated 1 out of 5 stars

I have used this app generally it is…

I have used this app generally it is disburse loan amout quilky but it charges is very very high and after its loan repay date is very close i took a loan 6k . i get 5250 approx and these are i have to paid only after 17 days for 6750 and second time when i took loan i received 5250 aprx but i have to pay this amount 6750 only after 9 days this app is totally scam burst app i have ever used yet

6 May 2025
Unprompted review
Rated 1 out of 5 stars

RamFincorp is chinesed based loan app

I took a loan of Rs.7000/- in which they disbursed 6124/- and the repayment of loan amount with interest is 9130/- in next 18 days, while applying for loan they showed me to pay only 8130/- but after few weeks they changed in their app and Stay Away from this app and do not get trapped.

21 May 2025
Unprompted review
Rated 1 out of 5 stars

Too Much Interests Collections,

Too Much Interests Collections,
For 24000/- Loan disbursement 21190/-
Collection 10630 into 3 months
Getting 21,190/
Paying 31,830/-
For 90 days duration interest and charges 10,700 approx. I don't know how to report to ombudsman.

4 June 2025
Unprompted review
Rated 1 out of 5 stars

Ram Fincorp is a Fraud Finance Company

Ram Fincorp is a Fraud Finance Company, I have ever seen. Most of the Time we will get tempt to take loan in emergency at that moment Ram Fincorp will trap us with 200%+ Interest on the Loan. Even if you pay on time, they don't update your Credit Score and It will go down with Delay Payments, We need to beg them to update after lot of struggle and begging and mail they will update after 4 to 5 Months.

Apart from that, You will receive 100+ Calls and WhatsApp Messages from them Daily untill you pay their loan, even before the due date.

I request everyone, Even when you're in lot of trouble and no hope, Don't take loan from Ram Fincorp. They are Financial Fraud.

1 November 2024
Unprompted review
Rated 1 out of 5 stars

Harassing agents

I took loan 2 times, as I had money before maturity of 1 loan, I paid off and as they had told me I will be getting more amount if I try for another loan. But I got same amount again. Though my due date is not over the collection agents keep calling and harassing and they don't know to talk please do not take loan from this app.

10 May 2025
Unprompted review
Rated 1 out of 5 stars

it's a useless app

Ram Fincorp is a very useless app. This app is a huge one and it charges a lot of interest, 35%. And it gives very less time. RBI should shut down this app and ban it forever.

1 April 2025
Unprompted review
Rated 1 out of 5 stars

Farud app scam hai

Farud app scam hai
I took loan form ram fincrob for 3 month after gaeeting loan after 7 days they say me today is your repayment date you gyss r really joking no customer support such hai third class app day by day taking a lot of fake charges 😞 stay away guyss for this fake app

8 April 2025
Unprompted review
Rated 1 out of 5 stars

Never take loan from this Fraudulent aaplication

Never take loan from this Fraudulent application because intrest rate is about 35% of loan amount for 1 month . Intrest rate is 1% of the day
Ex. If you take loan amount 10,000 for 30 day's you will credit in your bank account 8850Rs only and you need to repay 13850
This is insane
How RBI allow this type of high intrest aaplication

8 April 2025
Unprompted review
Rated 1 out of 5 stars

I never seen such a worst experience…

I never seen such a worst experience before.. before due date only they will irritate with calls and rate of interest almost 40 percent if anyone take loan from this app they will die.. please don't take loan from this app

2 April 2025
Unprompted review

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