Ram Fincorp Reviews 108

TrustScore 1.5 out of 5

1.3

While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more

To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more

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

5-star
4-star
3-star
2-star
1-star

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

How this company uses Trustpilot

See how their reviews and ratings are sourced, scored, and moderated.

Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 1 out of 5 stars

Behaved like Chinese loan company

Hi Team,

I want to share my first experience with this loan company. I took loan of Rs 35000 and repayment amount is nearly 50000 for just 20 days. Because of emergency, I took loan from these guys. But on the due date, these guys harrassed me like anything. They behaved like chinese loan apps. I clearly told that agent that I am waiting for my salary, but the recovery agent keep on sending messages that they will visit my HOME if not paid before 12 PM, 5PM and keep on threatening me till night. I am very much frightened with this experience. It is a kind of mental harrassment to me.

These guys should be hanGGed on roads in front of everyone. Worst basdards.

Please ban this basdards.

1 June 2024
Unprompted review
Rated 1 out of 5 stars

Fake and scam

Fake App, Even they are not RBI approved loan agency, their interest Rate is so high,
They call and torture you, if you can't pay the emi, they starting call to recover, when loan is disbursed
So I recommend to Don't take loan from this fake company....

10 February 2024
Unprompted review
Show reviews in all languages. (108 reviews)

The Trustpilot Experience

Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.

Learn more about other kinds of reviews.

We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.

Learn about Trustpilot’s review process.

Here are 8 tips for writing great reviews.

Verification can help ensure real people are writing the reviews you read on Trustpilot.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Take a closer look