Financing Partner for Financial Institutions

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Financing partner for Financial Institutions

onward lending

What is onward lending?

Onward lending is a loan product from RAR Fincare customized for the financing requirements of financial institutions. With flexible tenures and interest rates, firms can get both unsecured and secured loans up to Rs. 10 Cr under this scheme.

RAR Fincare, with its robust technology backbone, has designed a simple and swift application process that ensures fund disbursal within 4 days of submitting the completed loan application.

Check your onward lending eligibility

We provide loans to all types of financial institutions registered under Central Government / State Governments / Regulators such as RBI and NHB. We rely on your business and cash flow data for approving loans. Therefore, it helps if you share the list of documents detailed in the documentation section.

We request you to either visit the nearby RAR Fincare branch or reach out to us via this website. Our representative will get in touch with you to take the loan application further.

*The eligibility for a loan and the applicable interest rate are subject to change depending upon the customer’s credit appraisal, credit rating, and availability of security, among various other factors.

Loan amount inr
Full name
Email address
Phone number
Last 12 months sales (in INR Lakhs)
How old is your business? (in Years)
Nature of business
Address pincode

Check Your EMI

Principal Amount

Rate of Interest


Loan Tenure

₹ 3,17,227
₹ 13,218
  • Principal Amount
    ₹ 2,50,000
  • Total Interest
    ₹ 67,227

What is an Onward Lending EMI Calculator?

Our onward lending EMI calculator helps you plan your monthly budget and expenditure, as it gives you a realistic picture of your monthly obligations. This is a powerful tool that helps you make sound decisions regarding your onward lending loan amount and tenure.

Documents required for onward lending

KYC Documents Icon

KYC Documents

The mandatory set of documents includes identity proof, address proof, signature verification, and photographs.

ITR & GST Returns Icon

ITR & GST Returns

Past 3 years’ ITR / GST returns are to be submitted.

Income Proof Icon

Income Proof

Audited business financial statements for the past 3 years and projected statements for the next 3 years

Business Proof Icon

Business Proof

A brief description of your business and certificate of registration

Bank Statement Copy Icon

Bank Statement Copy

Past 12 months’ bank statements (CC/OD/CA) as well as Repayment Track Record (RTR) details of existing loans.

Other Documents Icon

Other Documents

Additional business-specific details as requested by the RAR Fincare representative

Fees and Charges

What is the interest rate on onward lending?

Our onward lending interest rates are competitive amongst the other players in the industry. Depending on loan eligibility, income, your business and other criteria, we determine the best interest rate for your loan requirement.

When you apply for financing with RAR Fincare, you do not have to worry about any hidden charges. Whether it is related to processing fees, foreclosure charges, or delayed EMI payments, all information is transparently provided for the smooth processing of your loan application.

Fee & Charges* Amount
Loan processing fee 1% to 3% of the loan amount + Applicable GST
Due diligence charges INR 1000 to INR 2000
Penal Interest Penal interest to be charged @ 4% over and above the applicable interest rate on overdue/delay/default of any amount payable unless otherwise indicated
Cancellation charges INR 5000 or 0.50% of the loan amount, whichever is higher
Pre-payment charges (Term Loan) 4% of the principal outstanding
Foreclosure charges 4% of the principal outstanding at the time of foreclosure
Cheque bounce charges/ACH failure charges INR 400
Repayment mode swap charges (PDC to ECS) INR 400
Stamp duty / Stamping charges/Franking charges At actuals
Loan reschedulement charges INR 2500
Loan restructuring charges INR 3500
Duplicate NOC or No Due Certificate INR 250 per request
Charges towards legal expenses in case of overdue/ default/ recovery / Legal action At actuals
Cash collection charges 1% of the collection amount for Rs. 50,000 and above Cash collection is permitted only up to INR 2,00,000
Duplicate repayment schedule INR 300
Loan statement / Statement of account charges INR 200
Pre-payment statement charges INR 200
Duplicate foreclosure statement charges INR 200
Copy of Loan agreement INR 500
CERSAI charges INR 250 to INR 500
Other charges - miscellaneous At actuals

*Charges may be updated from time to time. Please refer to the loan agreement for applicable charges.

General eligibility criteria for Financial Institutions

General eligibility criteria for Financial Institutions

  • The organization must have minimum of 1 year of operational history
  • The current net worth of the financial institution shall be positive
  • The institution’s leverage ratio must not exceed the limit as set by regulating agencies
  • The organization should have a sound lending portfolio

Our Unique
Features & Benefits

RAR Fincare has established high-quality relationships with customers and provides excellent services in its focus market areas. Our priorities are customer satisfaction & prudent growth, and we have designed tailor-made products to meet the requirements of our customers.


Funds up to Rs. 3 Cr

Get ample amount sanctioned meeting your requirements


Simple application

Streamlined loan journey, and we’re available to help you throughout


Repayment made flexible

Flexible repayment options (EMI and bullet) and longer tenure


Secured & Unsecured loans

Loans are available in unsecured formats without the requirement of security collateral

4 simple steps to receive your loan

4 simple steps to receive your loan

Raise Your Requirement

Enter your personal, business & bank details to get a fair loan offer

Submit Documents

Our team assists you throughout to complete the application

Get Sanctioned

Accept loan offer and execute loan documents

Instant Cash

Choose from flexible repayment options and start receiving funds

Frequently Asked Questions

You can visit the nearby RAR Fincare branch office to apply for the loan. Or else, you may simply fill out and submit the online form provided on this website, and our representative will get in touch with you to help you with the loan application.

No, customers across India can apply and avail of onward lending products.

We understand that Financial Institutions’ credit requirements are comparatively larger, and they would like to receive funds at the earliest possible. Keeping this in mind, RAR Fincare has designed and implemented a robust technology system, focusing solely on financial institutions, through which funds up to INR 10 Cr get disbursed within 4 days of submitting the completed loan application.

Additionally, we do not enforce stringent security requirements for eligible customers and offer loans without any collateral.

  • Banks and NBFCs registered with RBI
  • Housing Finance companies registered with NHB
  • Co-operative banks
  • Institutions registered under state money lending Acts

The formula which is used to calculate the equated monthly instalments that you are required to pay RAR Fincare for availing the loan is
P x R x (1+R)^N/[(1+R) ^ (N-1)]
where P stands for the principal amount, R is the rate of interest, and N is the loan tenure.

RAR Fincare will charge a penalty fee if a borrower misses an EMI payment. A missed or delayed instalment payment will reflect on your credit report. Not making loan due amount payments on time can have a negative effect on your credit score.

Once the application is duly submitted, it’ll take approximately 4 business days to disburse funds to your bank account.

We allow tenure up to 7 years.

The minimum corporate CIBIL score required will vary from case to case.

If repayment has not defaulted at any point, then your EMI amount will remain the same throughout the tenure of the loan.

Find the right loan for you

Find the right loan for you