: Transfer of Funds and EMI Payments Online | Money Transfer | Faircent

How Faircent Works
What Faircent does (and does not) do
The Process
Transfer of Funds and EMI Payments
Cancellation and Refund Policy
The Faircent Experience

Transfer of Funds and EMI Payments

Transfer of money takes place through an online automated process. Loan amount is transferred from the Lenders Escrow Account to the borrower’s bank account. All repayments– EMI and pre-closure –happen online via Electronic Money Transfer from borrowers account to Lenders Escrow account, from where it gets reflected in respective lenders virtual account.

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