No Hidden Fees
No any hidden fees or charges. We are trasparent.
Required Documents
Income Proof, Salary Slip , Address Proof, Employment Certificate
Expert Loan Advisor
Get best advice.
Call Us : +91-7044XXXX11
Email Us : Info@firstcapitalfinance.in
15 Years Experience
Welcome to First Capital Finance
We are a modern fintech platform striving to energize financial incorporation by using development to assist borrowers with quick and need based loan.
To make the collaboration smooth and easy we have an expert team with a great collective experience in Banking and Financial services. This helps us in identifying the gaps in financial needs and financial sources which we try to bridge by First Capital Finance.
We plan to offer quality services in case of Loans for medical emergencies, Loans to fulfil financial commitments, Household emergency loan, Holiday loans for travelling, Loans to clear utility bills or Loans for immediate purchasing.
The satisfaction of our valued customers is the reward we seek. We are here to make your Loan experience smooth and hassle free.
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Interest Rate & EMIs
Interest Rate & EMI Calculation
Loan Amount: Rs. 1 Lac to 5 Crores
Rate of Interest (APR)*: 5% to 16.50%
Minimum Repayment Tenure: 1 Year
Maximum Repayment Tenure: 20 Years
Processing Fees: 0.75% to 3.50% + GST as applicable
Prepayment/ Foreclosure: Nil
Illustration:Rs. 1 Lac loan on @ 5% without processing Fees for 60 Months comes to Rs. 1,13,227/- Equated Monthly Instalment shall be: Rs. 1,887/- only. (Processing fee extra)
What is APR?
The Annual Percentage Rate or APR helps you to calculate the actual borrowing cost over a particular period. It is expressed in percentage and represents the yearly cost of loan. It takes into account the nominal interest rate and all other fees involved in getting and servicing the loan. The fees include processing fees, insurance costs, administrative costs and other miscellaneous expenses. The annual percentage rate will always be equal or higher than the nominal interest rate charged on loan. APR is a very useful tool in comparing the loan terms of different lenders and helps to find the right lender that suits your needs.
Loan Eligibility Criteria
To qualify for a loan, you must fulfil these requirements:
- Minimum Salary - INR 10,000.00
- Age - 20 to 58 years
- Minimum CIBIL Score - 450
- Employment - Salaried, employed with an MNC, Govt, public, or private company
- Nationality - Indian resident
How APR is calculated?
The formula for calculating APR is: APR= [{(Fees + Interest)/ Principal}/ n] *365*100
interest- total interest to be paid during the loan tenure
n- tenure of the loan in days
APR* - Annual Percentage Rate