Finzy is an NBFC -P2P registered with the Reserve Bank of India, where we connect our investors (seeking to invest in retail loans) to "Prime Borrowers'. Since the borrower's funds are invested by individual investors, we as a company take all measures to identify our Prime Borrowers. Our revenue model is 100% based on the borrower processing fee only.
- Same Day Disbursal: All the sanctions where the documentation completed by 3pm will be disbursed on the same day.
- No Prepayment Charges: Pre-close the loan and any given point without any additional charges (Preclosure will be processed between 10 to 31st of the month)
- No Part Payment Charges : Reduce the EMI amt by making multiple part payments. (Minimum of 5K | Between 11th to 31st of the month)
- Reducing Balance Method: Loans start with 12.99% upto 18.99%.
Why should the customer opt for Finzy when compared to other lending partners?
- Loans from Rs 25000/- to Rs 5,00,000/-
- 100% Secure Online application Process with no Physical documents
- Reducing Balance Interest Rates - 12.99% to 18.99% unlike the Flat rates offered by many financiers
- No Prepayment, No Part Payment, No foreclosure charges
- With unlimited part payment option with No extra charge, customer gets to reduce his EMI amount every time he makes a part payment.
- Flexi EMI Tenure - 6, 12, 18 and 36 months - an option which helps Customers to pay and clear loans at their convenience.
- Perfios Validation is done on all accounts to validate the bank statement provided by the customer.
- Loan Disbursement: Loan Disbursement within 24hrs. Loan can be disbursed on the same day once the customer completes the documents
- Instant Eligibility Check: We have designed a tool to instantly provide an approval within (10sec) by capturing the basic information of the customer.
