Home loans through Finirio start at 7%* p.a. with no upper cap on amount, up to 100% property funding, tenure up to 30 years and age eligibility up to 70 years. Charges on a ₹1 Crore file are ₹30,000–₹45,000 via Finirio versus ~₹60,000 direct, and the service is free for customers.
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.
Related: Why apply through Finirio · Home loan guide Mumbai & India