Ram Fincorp Reviews 108

If a person has taken a loan and is unable to repay due to genuine reasons, there are set rules and regulations to be followed by the company.
No collection department has the right to speak harshly or disrespectfully to a customer.

I request the company to first train its employees on proper behaviour, customer respect, and discipline.
I do not wish to take the name of any individual, but I sincerely urge the company to identify the concerned person and take appropriate action.

Regards,
Punith Kumar
Thank you.

🚫 Bad Experience with Ram Fincorp

I strongly regret dealing with Ram Fincorp. Their interest rates are extremely high and the collection behavior is very stressful and aggressive. Instead of helping customers, they create pressure and harassment-like situations.

There are many complaints from customers facing similar issues, yet it seems no strict action has been taken so far. Financial companies must follow fair-practice rules and treat borrowers with respect.

Hoping RBI and concerned authorities seriously review customer feedback and take necessary action to protect people from such practices.

Worest loan appp ndver take loan,becoz interest is high

Ram Fincorp is one of biggest scam in financing sector with many other loan apps.There intrest rate very high and don't follow any of RBI guidelines and worst thing RBI not taking any action against them,why still wondering.Once you become default in payment,they will auto debit multiple times , sometime 2/3 auto debit same day which they add there bounced charges Rs 500 each time and also your banker will deduct.Another fact is they never update you regarding auto debit as per RBI guidelines 24 hours prior information.This simply shows they try to cheat people under umbrella of RBI and openly challenging RBI guidelines.My request never take loan from this app and forward as much as awareness.If need can try with some apps like Olyv ,Kredit bee ,True balance, intrest rate is low and transparent practices. Lastly request RBI and our government organisations to seal not only Ram Fincorp but also such like other financial institutions for sake of our nation.

FRAUD APP AND FRAUD COMPANY. AT THE TIME OF APPLICATION ITS SHOWING DIFFERENT INTEREST RATE AFTER DISBURSAL ITS SHOWING DIFFERENT TENURE AND INTEREST AMT .IN 2025 WITH RBI SUPPORT ONE OF BEST ONLINE APP SCAM COMPANY RUNNING AND CHEATING PEOPLES HARD EARNED MONEY.

Interest rate is very high , dont take the loan if you are not in critical situation , I just taken 25000/- for 25 days , the total repayment was 29000/-

Why it is still showing same amount after paying half

Completely fraud loan app this, I have taken 20000 taken loan at that it's showing EMI options, after all process only 17200 received in 5 days they have started calling and telling to pay the amount of 22240rs they. Main important thing they didn't provide any of the documents to me and also in App we don't any loan details even loan id is not there, i suggest everyone please do not take loan from this and raise a complaint in RBI

One of the worst company ever I seen they give a short term loan and if we missed by mistake they keep using presenting nach often... I don't know the rbi has given approved to this company and they deduct money as ther and they speak it freely to customers and always they give warning that if we won't pay money they use to call reference I appeal to all the customers to raise a dispute of to canceling the license of nbfc ... I suggest u never take loan and give a complain to consumer fair... this review is given by shubham kumar roy an existing customer

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% Interest rate per month and around 600% interest rate annually. Dozens of times higher than any NBFCs or Loan Companies.

Worst experience, as I took loan from ram fincorp on 5th Aug and repaid on 6th Aug, still they have not updated at their end as loan close and now despite writting and telling customer care with all payment details still harrassing by whatsapp and calls in every 2 min even dropped mail , but no response

Very Unprofessional...
All 6 Emi paid on time Still Showing 5 late payment.
My Cibil Points down by 150 Points
Very Unprofessional Team.

Do not take anyone for this apps loan
Fake loan app very very high interest everyday hundred rupees add

They give money that is for sure . But the terms and conditions and the repayment flexibility the team is not at all good .
Keep torturing people for the repayment and they won't respond for any emails or the WhatsApp messages ( which is publicly available). Please make sure you read everything and I suggest not to go for this one .

Worst people on call
No manner
No basic manners they have
And they take so much amount
They don’t even listen to what we talk
Especially ladies .. they shout on phone like animals

Worst app i have ever used. High interest

#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 one picks up. I also sent multiple emails with the transaction details attached, but no one has replied till now.

Even after making the payment, my account still shows no update, which is very disappointing. Their service is extremely poor, and the support team is completely unresponsive.

This is by far the worst service I’ve experienced from a financial company. I strongly advise others not to use Ram Fincorp.

The people working there are just as useless as the service itself.

This application is very bad giving immediately amount after 30 days collected 10k extra interest they'll cheating people

Very poor. I have made payment of my outstanding loan but still it shows loan outstanding in the app. All the numbers mentioned in the sanction letter and website doesn't exist. No response of email sent. I am filing law suit against this app and the company for providing wrong details.

Good experience