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

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Hasn’t replied to negative reviews

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Rated 1 out of 5 stars

This to bring to the public domain that…

This to bring to the public domain that one should avoid taking any loan from Ramfincorp (R.K. Bansal Finance Pvt. Ltd.) which seems to be making money out of fraudulent means at the onset they charge a huge interest rate for a period of 36 days amounting to more than 45% or more approximately as in my case
I fell for it as I required some funds urgently and took out a loan of 21000 i paid back 29190 but inspite of paying back the entire amount their app still shows an amount of 10000 pending moreover their telecalling executives has been continuously harrassing me for the pending amount even though I have paid the same and after furnishing proof of repayment
Even after writing a mail and getting a response that the matter will be resolved with 48hours nothing has happend and I am continuously being harrassed they have even initiated e mandate to recover the amount ...even after full repayment.
I urge you all to think twice before even thinking of taking any loan from Ramfincorp.

March 8, 2025
Unprompted review
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Rated 1 out of 5 stars

Don't take any loan from Ram Fincorp, Delhi, it is cheating compnay and harshing people

Dear all my friends, don't take any type of loan from Ram fincorp, Newdelhi, I have taken loan amount of Rs. 8000, due to high interst rate on same day return the amount with concern of customer care.. After return all amount still they are taking money from my bank account. Inspite of many request to the company by email they are not issuing my NOC.
Company is harashing me, by calling and by taking more money from me.

So please help me any one. I am one private employees peion category. I need a help and justice from any helpful person.
My mail is is ppanda.cm at gmail dot com

December 29, 2024
Unprompted review
Rated 1 out of 5 stars

USELESS APP FOR RS.15000/-LOAN THEY ARE…

USELESS APP FOR RS.15000/-LOAN THEY ARE CHARGING RS.1170 PROCESSING FEES AND 18 DAYS TENURE I HAVE TO REPAY RS.17700/- THEY ARE CHEATING AND ROBBING PEOPLES HARD EARN MONEY .I DEFINITELY NOT RECOMMEND THIS APP TO ANY ONE

February 17, 2025
Unprompted review
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Rated 1 out of 5 stars

Loan 15000 Auto debit mandate 45000

The loan amount of 15000 was offered to me. With deductions, i would get 13320 for 29 days. No clarity on how much i would be paying on the 30th day. However when i was at the auto debit authorization stage i backed out. As it dint make sense to authorise a max amount of 45000. I did ask them to amend the auto debit amount but they ignored my requests. Thanks to trust pilot reviews i may have very well dodged a couple of bullets.

February 11, 2025
Unprompted review
Rated 1 out of 5 stars

there should be a shit rating for…

there should be a shit rating for companies like these.guys one and for all don't take loan from RAM FINCORP. first of all few days before ur emi due date. u will start getting calls and messages. reminder call or a message should be one time . but no in their case u will get it multiple times. and on the day of due date u will get messages like if u don't pay by this time we will contact ur references. like threats. u will still gets these messages even after u payoff ur entire loan amount on the due date. what a shit app. what shit service. what a shit organization...stay away from it. guys there r better options than this.

February 10, 2025
Unprompted review
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Rated 1 out of 5 stars

RePayment will not work

The payment provided link is not working on the payment date and amount also debited from Ramfin corp. They are trying to demand late pay or other harassment. Please dont go for these kind of finances.

January 24, 2025
Unprompted review
Rated 1 out of 5 stars

Dear Team

Dear Team

Don't insult the person who is facing problem i asked for 50000 loan you offer me 3000 my salary is 42000 then y you people put offer message that your eligibility for loan I don't have 3000rs come I will give 5000rs for your company as loan
These is the best offer no interest nothing don't returne me also share your account number

January 12, 2025
Unprompted review
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Rated 1 out of 5 stars

Scam FRAUD company



Scam FRAUD company

They paid me 12348 from approved amount 14,000/- and now asking for 16240/- for 16 days.

4104/- extra for 16 days.

33% interest for 1 months.

398% interest for 1 year ? Very wrong.

I will complaint but no response at all. Stating It's mentioned in agreement.
Never take loan from here. They will suck ur blood financially

December 30, 2024
Unprompted review
Rated 1 out of 5 stars

Fraud No Support while Repayment And Repeated calls after payment

They will disburse the loan, But at the time of repayment App wil not work, Phone pe loan repayment wil show - no dues pending,Online website showes invalid details after entering Registered phone number, Then they shared Account Details And Asked To Do IMPS i did immediately Still after 2 Days They kept on calling WhatsApp messages worst app i sincerely suggest you take from any loan app but not ram fincorp

November 29, 2024
Unprompted review
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Rated 1 out of 5 stars

Hi Team,

Hi Team,

I am writing this email regarding getting recovery calls. I would like to inform you that, despite of knowing that my loan is overdue and will pay with the charges soon, but the agents are behaving like fraud disrespectful.

September 11, 2024
Unprompted review

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