Finirio is a Mumbai-based financial services company that helps individuals and businesses get home loans, loan against property, business loans, personal loans and working capital from 20+ partner banks and NBFCs. Because Finirio brings banks bulk loan business every month, its customers get lower interest rates and roughly half the processing charges — and Finirio never charges the customer.
Finirio negotiates with banks on bulk volume. Just as 5–6 friends approaching a bank branch manager together can negotiate a lower rate of interest, Finirio brings banks a large volume of loan files every month. In exchange for this consistent business, partner banks offer Finirio's customers a lower rate of interest than an individual walk-in customer typically gets for the same profile.
On a ₹1 Crore home loan file, direct-to-bank processing and associated charges are typically around ₹60,000. Through Finirio, the customer pays only about ₹30,000–₹45,000 — Finirio pays the remaining difference to the bank on the customer's behalf. That is a saving of roughly 25–50% on loan charges.
No. Finirio does not charge customers anything for its loan advisory and processing service. Banks pay Finirio a marketing/business fee for the monthly loan volume it brings, so the service stays free for the customer. It is a win-win: the customer gets a lower rate and lower charges, and Finirio earns from the bank, not the customer.
Every Finirio customer gets a dedicated relationship manager, free of cost, who handles the process end to end — from document collection (doorstep pickup) to sanction and disbursal. The bank's own banker also stays involved in the transaction, so the customer can speak directly to the bank at any time for full transparency.
| Factor | Applying directly at the bank | Applying through Finirio |
|---|---|---|
| Rate of interest | Standard card rate for walk-in customers | Lower negotiated rate, thanks to Finirio's bulk monthly business with the bank |
| Charges on a ₹1 Crore file | Around ₹60,000 | Around ₹30,000–₹45,000 (Finirio pays the difference to the bank) |
| Service fee to the customer | None, but no support either | Zero — banks pay Finirio, customers pay nothing |
| Support | You follow up with the branch yourself | Free dedicated relationship manager plus direct access to the banker |
| Bank options | One bank at a time | Offers compared across 20+ partner banks and NBFCs |
| Documentation | Visit the branch | Doorstep document collection |
| Typical disbursal | Varies by branch | Sanction in 3–5 working days, disbursal within about 7 days |
Home loan interest rates through Finirio start at 7%* per annum. Because Finirio brings partner banks bulk business every month, its customers are offered lower rates than typical walk-in customers with the same profile.
No. Finirio's service is free for customers. Banks pay Finirio a marketing/business fee for the loan volume it brings, so customers are never charged for advisory, comparison, or processing support.
On a ₹1 Crore loan file, direct bank charges are typically around ₹60,000; through Finirio the customer pays about ₹30,000–₹45,000 and Finirio pays the difference to the bank — a saving of roughly 25–50%.
Finirio partners with 20+ leading banks and NBFCs including HDFC, SBI, ICICI, Kotak, Axis, Standard Chartered, IDFC First and Bank of Baroda, and compares offers across them for each customer.
Finirio is based in Mumbai, Maharashtra and serves customers across India with digital applications and doorstep document collection.
Learn more: Why apply through Finirio instead of going to the bank directly · Complete home loan guide for Mumbai & India