Ram Fincorp Avis 

"I took a loan of ₹4,000, but within just 20 days the repayment amount increased to nearly ₹8,000. The interest, processing fees, and other charges were extremely high. This was very disappointing and financially stressful. I would advise others to carefully check all terms and charges before taking a loan from this app."

Sanctioned loan 20,237 - received loan 15K
5,237 processing fees and charges worst loan app unfortunately So much loss

No emis, less duration, one time payment fraud and scam loan apps

TOTALLY FRAUD COMPANY VERY VERY BAD COMPANY,

Mene Bhai 7370 ka loan kiya aur khate me Aya 6599 itna me 1 percent ka byaaj roj lga rha h Bhai roj ka 150 rupe byaaj 13 din ka time Diya usme Na bharo to 599 charge aur lgayega fir 1.5 ka roj ka byaaj alag se do roj Pura loot raha hai bhai yah app

Very dangerous
Finance

Blackmail

Chor all staff and owner of ram fincorp all are chor they are doing only fraud

I wish I could rate 0 or negative.
Have been contacting customer care and they have been fooling and no civic sense regarding how to speak with customers. Now when they are at fault they just want to ignore the customer. Have email and recording of the conversations.
They fool you up so be cautious.
Special thanks to Gurtej ( no sense how to speak )
I do not recommend them at all

I had a very bad experience with the loan recovery agent. The person kept calling again and again throughout the day, which felt like harassment rather than professional follow-up. The way they spoke was rude, aggressive, and completely disrespectful.
Instead of explaining things calmly or offering any support, they kept pressuring and talking in an intimidating tone. Repeated calls at all hours are unacceptable and create unnecessary stress.
This kind of behavior is not how customers should be treated. I strongly suggest the company take strict action and ensure their recovery agents communicate in a polite and professional manner.

Even they are not eligible for 1 star...they charge so much and keep deducting money which do not show in their applications and amount keep on increasing.for 30000 they charged 36000 and gave 26000 in account ..now they want 48000..we have tocomplain to rbi

They give loan for short period of time and takes high interest rate and start blackmailing

Chor company emi time se payment krne pr bhi bounce charge laga diye .

Ram Fincorp or R K bansal is absolutely fraud. Inspite of clearing all my dues on time, they incorrectly auto debited 8500 (1700×5times) without any consent and information. Dont take any loan from this company.

Charges to high and also harres totally fake app

Its really swallowing barrower blood by adding high rate of interest. we are taking loan to solve my trouble but because of this app again problems are increasing more and more. high penalty, if loan approve 35000 you will get credited 26,800 and you have to pay 41000 after 29 days. if you late one day 600 rupees will add. these people are like drinking my blood.

One of the worst app i reqest to goverment ban this froud application

Absolutely worst experience with RamFincorp. The level of over-interest charges they impose is shocking and feels completely exploitative. What they show initially and what you end up being asked to pay later are totally different. There is no transparency, and the charges keep increasing without any proper justification.

Their customer care is even more pathetic. Instead of resolving concerns professionally, the representatives speak in a rude and abusive manner, showing zero respect for customers who are already stressed about repayments. Getting a clear response or solution from them is almost impossible.

For anyone currently suffering due to their excessive charges — do NOT rush to make payments just based on verbal or WhatsApp commitments. They will promise reductions, but once you pay, you may struggle endlessly to get your NOC. The safest approach is to wait until the reduced settlement amount is clearly updated on your official online login payment screen. If you hold your ground, they eventually reduce the charges on the app itself. Only then proceed with the payment, close the loan properly, and secure your NOC.

Learn from others’ painful experiences and deal with them very cautiously.

I had a very bad experience with Ram Fincorp. This company looks like an easy loan provider, but the reality is completely different. They deduct large processing fees and give you much less money than the loan amount you applied for. After that, they demand an extremely high repayment amount within a very short time.

The interest rates and charges are extremely high and not clearly explained at the time of applying. It feels very misleading. Customer support is almost non-existent. When you try to contact them, there is no proper response.

Another big issue is the constant calls and pressure for repayment even before the due date. This creates unnecessary stress for customers.

I strongly advise people to stay away from this app. There are much safer and more transparent lenders available. Taking a loan from this company can create more financial problems instead of solving them.

Website not working

RBI should take against ram fincorp and wiveof all given loan amount taken by customers it's good punishment for fraud ram fincorp

Yeh screenshot ek typical loan scam ya illegal lending app ka lag raha hai, jo India mein bahut common ho gaya hai. Main details break down karke bata raha hoon:Charged/ Katne wala amount:Processing fee + GST → ₹2,006 (yeh directly deduct ho raha hai)
Approved loan amount: ₹17,000
Final disbursal (aapke account mein aane wala): ₹14,994 (17000 - 2006 = 14994)

Processing fee ke naam par ₹2,006 kat raha hai (including GST). Yeh almost 12% ke around processing fee ban raha hai (2006 / 17000 ≈ 11.8%), jo legitimate banks/NBFCs mein bahut zyada hota hai (usually 1-3% tak hi hota hai small loans pe).Total charges aur interest:Aapko 32 days baad repay karna hai: ₹22,610
Jo amount aapko milega: ₹14,994
Total wapas karna padega: ₹22,610
Isme extra pay karna pad raha hai: ₹22,610 - ₹14,994 = ₹7,616 (yeh interest + any hidden charges hai)

Effective taur pe, sirf 32 din ke liye ~₹7,616 extra charge — yeh 50%+ effective interest 1 mahine mein ban raha hai, jo annualized ~300-400% ke aaspaas hota hai. Yeh RBI ke rules se bahut zyada hai (legal personal loans mein max ~30-40% p.a. hota hai regulated lenders ke liye).Yeh scam kyun lag raha hai:Legitimate banks/NBFCs (jaise HDFC, Bajaj, Axis etc.) kabhi upfront processing fee nahi maangte bina loan disburse kiye, aur woh bhi itna high nahi hota.
Processing fee usually loan amount se deduct hoti hai, lekin sirf genuine approval ke baad, aur RBI-registered entity se.
Aise "instant approved" messages, high fee deduction, aur short-term mein itna high repayment → yeh illegal loan apps ya fake lending scams ka classic sign hai.
Bahut se cases mein log fee pay karte hain, phir loan nahi milta, ya milne ke baad harassment shuru ho jata hai (contacts, photos access karke blackmail).

Advice: Ispe "Continue" mat click karo, koi payment mat karo, aur app ya website se dur raho. Agar already koi details share kiye hain to bank account monitor karo aur cyber crime cell (1930 pe call ya cybercrime.gov.in pe report) ko inform kar do.Agar yeh kisi specific app ka hai to app ka naam batao to aur check kar sakta hoon. Safe raho!