No Income Proof

Salaried, Self-employed or Business Owner - you are eligible for loan irrespective of your income.

Freedom to choose Insurance companies

You can buy your insurance from any partner insurance company or an insurance intermediary of your choice.

No processing fees

You do not have to pay any fee or charges for processing your loan application.

Minimal documentation

You only need to sign a single document. We authenticate your identity digitally, at no cost to you.

Why Insurance Premium Financing ?

Low Insurance Penetration

India is characterized by very low levels of insurance penetration and density. The corresponding chart shows the extent of non-insurance among households and enterprises.

Upfront Insurance Premium

One of the key reasons for non-insurance in India is the inability to pay full insurance premium upfront, as is required for most policies.

Inadequate Insurance Coverage

Even among the insured, especially in healthcare, majority of the policyholders do not have adequate coverage.

Insurance Premium Financing (IPF) is a popular mechanism to buy insurance in many developing and developed countries. Individuals, households and enterprises who do not have adequate funds to pay insurance premiums upfront, obtain insurance covers by having the premiums financed. IPF is cost-effective, access-friendly and requires minimal documentation.

20
Number of Cities
300
Number of Business Associates
189
Number of lives impacted

Policies we finance

Finsall provides Insurance Premium Financing for the following policies

Employee Benefits

We finance premium payable under all types of Medical and Personal Accident Insurance policies issued to employee groups of corporates and small and medium enterprises e.g., Hospitalization, Critical Illness, Hospital cash, Top-up Covers, GPA etc.

Medical & Personal Accident Insurance Policies

We finance premium payable under all types of Medical and Personal Accident Insurance policies issued to individuals, households and groups e.g., Hospitalization, Critical Illness, Hospital cash, Top-up Covers, GPA etc.

Motor Vehicles Insurance Policies

We finance premium payable under all types of Motor Vehicles Insurance policies e.g., Private Cars, Two-wheelers, Goods-carrying Vehicles, Passenger-carrying Vehicles, Specilaized Vehicles etc.

Package Policies

We finance premium payable under all types of Package policies e.g., Householders' Comprehensive, Shopkeepers' Comprehensive, Office Package, Farmers' Package etc.

Factories

We finance premium payable under the policies of interest to factories and small and medium enterprises. eg. Directors and officers Liability policy, Key Man Insurance Policy, Fire & Allied Perils, Machinery Breakdown, Electronic Equipment, Loss of Profits, Non-mandatory Liabilities etc.

Construction Equipment

We finance premium payable under the policies of interest to construction firms e.g. Machinery Breakdown, Construction Plant & Machiery etc.

Our USP

Freedom to choose

You can buy your insurance from any partner insurance company or an insurance intermediary of your choice. Finsall is unbiased and shall have no say in selection of an insurance product, insurer or intermediary.

No proof of income. No security.

You are not required to furnish any proof of income, collateral security, personal guarantee or surety of any kind to avail the loan.

Competitive pricing. No processing fee. Easy repayments.

Our interest rates compare very well with the industry. Also, we do not levy any processing fee or charge. Loans are repayable in equal monthly instalments.

Minimal documentation and Quick Response

You only need to sign a single document. We authenticate your identity immediately through digital means, at no cost to you.

Loan at your doorstep

You do not need to visit any office for loan disbursement. Our associates shall carry out all pre-loan transactions at the comfort of your home.

Apply for a Loan

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Our Team

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Promod Khanna

Founder and Director
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Tim Mathews

Co-founder and CEO
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Prabal Khanna

Co-founder and COO
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Dhiraj Kumar

Technical Lead
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Anubhav Rojal

Technical Lead - Android
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Lake Sharma

Senior QA Engineer
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Suparno Saha

Senior Software Developer

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