Welcome to FinOnTime ("we", "our", or "us"). This privacy policy outlines how we collect, use, and protect your
personal information when you use our website finontime.com ("Website").
Information We Collect
We may collect personal information that you provide voluntarily, including but not limited to:
Name
Email address
Contact information
We may also automatically collect certain information when you visit our Website, such as your IP address,
browser type, and referring URLs.
How We Use Your Information
We may use the information we collect for various purposes, including but not limited to:
Providing and personalizing our services
Improving and optimizing our Website
Communicating with you, including responding to your inquiries
Cookies
Our Website may use cookies to enhance your user experience. You can choose to disable cookies through your
browser settings, but this may affect the functionality of the Website.
Third-Party Links
Our Website may contain links to third-party websites. We are not responsible for the privacy practices of
those websites, and we encourage you to review their privacy policies.
Security
We take reasonable measures to protect the security of your personal information. However, no method of
transmission over the internet or electronic storage is completely secure, and we cannot guarantee
absolute security.
Changes to This Privacy Policy
We reserve the right to update or modify this privacy policy at any time. Changes will be effective upon
posting on the Website. It is your responsibility to review this privacy policy periodically.
Contact Us
If you have any questions or concerns about our privacy policy, please contact us at
privacy@finontime.com.
Less than 700 - with mitigant (live loan more than 12 EMIs paid)
Bachelor Accommodation: Yes
Hostel / PG: Yes
Age Norms:
Min: 23 Yrs
Max: 58/60 (Only for Central Govt)
Foreclosure Charge: Zero "0" for all customers after 12 EMIs
Employment: Minimum total Employment 2 Yrs required (in one or multiple jobs)
Minimum Locking Period: 01 Month
Topup: Allowed only after 6 EMIs being paid
Parallel Loan: Allowed only after 3 EMIs being paid
Balance Transfer: Allowed for any number of loans based on eligibility
Credit Card BT: Not allowed
MCA Registration: Mandatory
Partial Payment: Not allowed
Foreclosure Charges: Allowed after 12 EMIs @ Zero
Tenure:
Minimum: 12 Months
Maximum: 72 Months for Elite and Govt, sal > 50K CIBIL > 740. Else 60 months
Co-applicant / Joint loans in CIBIL:
Obligation is not considered if the applicant is not the primary applicant in the loan and the EMI is paid by co-applicant account (with Co-applicant pay slips and bank statements on file)
FOIR Norms:
Sal 30K - 50K:
Elite, Govt & Superprime - 50%
Preferred & Open Market - 50%
Sal 50K - 70K:
Elite, Govt & Superprime - 65%
Preferred & Open Market - 55%
Sal 70K and above:
Elite, Govt & Superprime - 70% (with HL)
Preferred & Open Market - 60%
NRI Loans:
The customer should have an NRI or NRE account
NRI would be co-applicant in the loan
Income and eligibility will be calculated based on the average remittance in ICICI NRE account
Maximum loan amount: 20 L based on the policy and eligibility
Documents required as per policy:
Applicant - KYC docs req in India and also address proof abroad (Bank statement, phone bill, driving license, passport, rental agreement, or invoice copy)
NRI - income, passport, employment, contract copy & bank statements with salary credit req
Pensioner PL Policy:
Applicable for retired Govt and Non-Govt employees
Loan amount from 50K to 5 lakh
Maximum Age: 65 Yrs
Maximum tenor 36 months
Minimum pension 20K per month
Coapplicant mandatory
Other income can be considered maximum up to 50% of the pension amount based on ITR filed
Employees of all types of entities are eligible under this program such as Public Ltd., Private Ltd., Partnership firm, Proprietorship firms, LLP and Government entities.
Pin Codes
Approx 10000 Pin Code PAN India, You can Source business from your Place. Pin Code List Attached
6 months banking - additional documents may be needed for current account/Saving Account (Proprietor only)
PaySence (PayU Finance)
We are doing good in PL Business and We need to Push Logins in system. Digital Process - Login to Disbursal.
We Have Fast Track (Up-Top) Disbursal Process within 2-3 Hrs Customer Loan Gets Disbursed. Please connect with your PaySense Relationship Managers for Case to Case Updates.
Special conditions - Minimum of one existing track of Rs. 20 Lakhs of Business loan / OD/ CC or Rs 1 Cr Lap or Rs 50 lakhs Turnover from Large corporates.
VENDOR FINANCE
Customer Profile - Clients dealing with large corporates or Government bodies of Average Turnover of Rs. 25 lakhs per month in last 6 months.
Loan Amount - ₹30 Lakhs to ₹75 Lakhs
Repayment Frequency - Weekly/ Fortnightly/ Monthly
Tenure- 18 to 36 months
LAST TWO YEARS FINANCIALS or ITR REQUIRED
LARGE CORPORATES
Company’s which are reporting Turnover of Rs. 500 Crs and PAT of 5 crs + for last 2 years.