Apply for Instant Business Loan

Our business loans for SMEs come at affordable interest rates and offer quick financial assistance.

Affordable Home Loan EMIs

Get Instant approval for Home Loan to accelerate your Home buying Process.

Apply for Instant Personal Loan

New India Financial Services Limited's personal loan comes with affordable & lowest interest rates to help you raise funds instantly.

Professional Team

We share all information with our customers so that they can take informed decision and avail the loan they need

Transparent

We are transparent and all information is shared with the borrower and there are no hidden fees or charges

Easy To Apply

Simple application process and most minimum documentation. Sanctioning done within minutes of applying.

15 Years Experience

Welcome to
New India Financial Services Limited

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 New India Financial Services Limited

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.

Our Services

We Provide Services

We deals in all type of loans like Home Loan, Loan Against Property, Business Loan, Personal Loan, Education Loan, Project Loan. Lowest interest rate and processing fee.

Business Loan

We feel proud of providing our clients with business pieces of advice with extensive financial and loan services

Property Loan

A loan against property is a loan against commercial and freehold residential properties for personal and business requirements.

Home Loan

A home loan, also known as a housing loan is simply the sum of money borrowed from a lender to purchase a home or to construct one.

Education Loan

Educative staff and comprehend financial services:We keep ourselves and our staff updated about the latest development .

Why We ARe best

Take a Look Our statistics

Any time you are in need of instant funds you will always find us there! Less paperwork and quick approval of the amount.

EXPERT EMPLOYEE

500

HAPPY CLIENTS

789

COMPLETED LOANS

700

RUNNING LOAN

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