India's most comprehensive & neutral online marketplace for loan products and related services



Who is Financemenow?
We are a start-up in the financial services space based out of pink city Jaipur in Rajasthan. Through Financemenow we try to offer you a technology platform which helps you save maximum money from your financial requirements like loans at best interest rates.
What do we do?
Quite simply we act as a mediating platform between financial institutions like banks/NBFCs and people like you. We take your request to these institutions and try to get you the best product/service/deal from their many offerings. This way you don’t have to contact multiple parties to find the best option.
How does it benefit me?
Remember when you last bought a product and found out after 5-10 days that you could get a better deal if you had visited another store or bought it online. Well, you don’t want this happening when you take a loan. It is just too costly a mistake to find out you might have got a better interest rate with someone else. We help you totally minimize this risk by presenting the best options from every bank/institution.
How do we do this?
It’s easy as well as difficult. We reach out to you through various ways, take your details and run it past the specifications of every bank through a smart algorithm. We then present you with the best options and if you agree, we process your requirement. We place your requirement in front of the best suited Bank/NBFC according to your Demography, Credit Worthiness and Geo Location. Which means, you get a rate which is better than the best currently available while offering full security.
What is our process?
The process is simple and easy to understand. First, when you visit our website just choose the kind of service you require from various types of loans. Within the product description page, you will find form requesting details which you need to fill. Next our experts will call you to verify the details which they will use to get the best options available and present them to you. Once you accept, we will visit you to collect the required documentation (which you will be informed of beforehand) and process your request. So voila!! No need for you to even step out of the house.


What is an EMI?
An EMI or an Equated Monthly Installment is a periodic payment you make to your lender to pay back the money you borrowed from him. It is an easy and simple way of retiring a debt be it a personal loan, home loan, business loan, mortgage or goods purchase.
How is an EMI calculated?
The EMI you pay is dictated by the principal you borrowed, interest rate and tenure of repayment. The formula for calculating EMI is (Principal*Rate of Interest*(1+Rate of Interest)^Tenure in months/((1+Rate of Interest)^Tenure-1)
By what date do you have to pay your EMI?
Every Bank/NBFC have their own criteria on when an EMI has to be paid but it is generally in the first week of every month. If you miss paying the EMI on time, you have to pay an interest on the EMI for the number of days you miss the deadline by. Not paying 3 consecutive EMIs is considered a default and can lead to repossession of prosecution.


How do I apply?
It is simple. You go to the products page of the site and enter details of the money you want to borrow, your salary/income, tenure and present liabilities. Our smart tool will show you the best rate of interest and EMI you have to pay. If you are happy, just enter your contact details in our short form and we will take over. Click here to apply.
What happens after I apply?
After you apply, one of our experts will call you and get more details. They will consult with you, understand your specific requirement and discuss different options. We will then prepare a case scenario and present it to the lenders, who will approve/reject the application and give the best rates. We always strive to offer the best deal to you and if you agree we will let you know the documents required which will be collected by the staff o the chosen lender.
How long does it take to get a loan?
Normally it takes about 4 days from the time you apply to disbursal for a personal loan. In case of a home loan, business loan or mortgage, it can take 10 days. But we cannot promise this every time. Many things depend on the lenders as well as you on how long you take to make up your mind and complete the required documentation formalities.


Can I have a co-applicant?

Yes you can have a co-applicant for a loan. In fact it is better to have a co-applicant because the combined salary/income increases your eligibility as well as the amount of the loan.

What if I default?

If you default, you will be issued notices by the lending institution. If you ignore, your mortgaged property, in the case of secure loans, will be taken over by the bank. You will also be liable for prosecution and your CIBIL score will get negated preventing you from getting any other loan or financial product in the future.

What additional charges do I have to pay for getting a loan?

Most Banks/NBFCs charge a processing fee which is a percentage of the loan amount when they disburse a loan. Apart from this some Banks/NBFCs may have additional charges. You will need to clarify these with the bank when finalizing your application. The charges are deducted from the total amount when the loan is finally issued.

Does Financemenow have an additional charge when I apply through you?

No Financemenow or any of our collection agents will not charge you anything at any stage of the process from application to document collection to approval to loan disbursal. This service is absolutely FREE for loan seekers. In case any person from our team asks you for any kind of payment, please stop the process the immediately and report the case to us.

Can I get a personal loan for business?

Yes, most banks and financial institutions offer a business loan to self-employed individuals provided they meet the eligibility criteria.

Can I get a top-up on my current loan?

Yes, most banks and financial institutions offer a top-up loan if you have paid the past 12 EMI’s on the current loan without default.

I want to transfer the balance of my current loan to a different bank. Is it possible?

Yes, it is possible to do a balance transfer of your personal loan from the current bank/NBFC to some other one if you have paid the past 12 EMI’s on the loan without default.

How can I pay back my loan?

Most banks and NBFC’s provide you with three ways of paying your EMI’s which include a direct debit if you already have an account with the bank, Post-Dates Cheques (PDC’s) issued to them at the start of the tenure and finally through Electronic Clearing Service (ECS).

Can I change my mode of payment? What will happen to the PDC’s I have issued after I change my mode of payment?

Yes, you can change your mode of payment by informing the bank in advance of the same. The PDCs issued in advance will be defaced by the bank. Conversely you can also claim them by informing the bank in advance of the same.

What is a CIBIL Score and how do I check my score?

The Credit Information Bureau India Limited (CIBIL) was formed through an association of a closed group of banks and financial institutions to collate the credit information of customers of these entities and assign a credit score to them. The organization assigns this score based on their historical financial transactions. The rating given by CIBIL indicates the risk in extending credit to any person with a score..

What is the difference between a Bank and an NBFC?

In very simple and basic terms, a bank is a financial institution which can take deposits from the public at a certain rate and then lend them to people who need money at a higher rate. A Non-Banking Financial Institution (NBFC) is a financial institution which does not have the authority to take deposits. They can only lend their own funds to people. But both are authorized by law to lend money to borrowers.

How secure is my data on Financemenow?

The data that you fill in our forms will be encrypted and will be safe with us. We work on secure servers and the whole process is encoded. As per due process, your data will not be shared with any third party other than the bank/NBFC you agree to share it with.

I want to know something specific?

Yes happy to help. Please call on our helpline (+91 92523-92523) with your request and they will connect you to the right person. You can also mail us on

Phone: 92523-92523

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