Faircent - P2P Investment

Faircent - P2P Investment

Indias largest P2P-Lending App

10 ratings
50 reviews
Free
With Ads

Details

  • Released
  • Updated
  • July 7, 2016
  • December 9, 2024

Features

Faircent - P2P Investment screenshot #1 for iPhone
Faircent - P2P Investment screenshot #2 for iPhone
Faircent - P2P Investment screenshot #3 for iPhone
Faircent - P2P Investment screenshot #4 for iPhone
Faircent - P2P Investment screenshot #5 for iPhone
Faircent - P2P Investment screenshot #6 for iPhone
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About

Invest in personal and business loans through a peer-to-peer lending marketplace. Earn monthly returns and diversify your investment portfolio. Start with as little as INR 500.

Invest in personal and business loans
Earn monthly returns (12%-35% p.a.)
Create passive income
Diversify loan portfolio
Manageable risk levels
Start investing with INR 500
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What's New in Faircent

4.9.9

December 9, 2024

1. Enhanced app performance for smoother and faster experience 2. Minor fixes to improve reliability and stability.

User reviews

What’s the use of this app???

You are not allowing me to login as I created borrower account. When I am trying to register it says email existed. What’s the actual use of this app???

Lost my 5 lakh rs

They converted my fd of 1 year into 36 month without my permission , received full interest only for first 6 months but now getting only partial amount , not sure how much money will be recovered

This is just scam

They are not repaying my 12 lakhs back. They converted by FD of 6 mnths to P2P lending for 36 mnths without my concent and now not giving my money back

Never lend your money through Faircent

Fraudsters, locked my money for over four years - while they said it will be given back in a year.

I am not even receiving all instalments on time now - this is such a scam and people shouldn’t give their hard earned money to fraudulent companies like Faircent.

Update doesn’t work

When I open the app, i get a pop up which states a new update is available and takes me to the App Store. There, there is no update button, just the Open button, which takes me back yo the app and the pop of which states there is a new version available. Super frustrating. Was a UAT done before releasing this version?
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Developer apps

FAQ

What is Faircent?

Faircent is India's leading NBFC-P2P platform that acts as an online marketplace for peer-to-peer lending. It connects lenders with borrowers seeking personal and business loans, offering an alternative investment opportunity with potential for good returns.

How can I invest with Faircent?

To invest, you need to complete a one-time registration process by signing up on the app and following the step-by-step instructions. You can then access a list of borrower candidates, review their profiles, and send proposals based on interest rates and loan tenures.

What are the potential returns and risks?

The app offers potential returns ranging from 12% to 35% per annum. While it aims to provide manageable risk levels and is described as recession-proof, all investment decisions are yours, and it's important to review borrower profiles carefully.

What is the registration fee?

There is a non-refundable, one-time registration fee of INR 1000/- payable by lenders to get started on the Faircent platform. This fee grants you access to the lending marketplace.

What are the benefits of using Faircent for investment?

Benefits include creating a passive income stream, easy loan portfolio diversification, manageable risk, and the ability to start investing with as little as INR 500. It's presented as a way to generate consistent monthly cash flow and a potential retirement plan.