Frequently Asked Questions (FAQs)
Clear answers to the most common questions about loans, eligibility, documents, and our services.
At Finxprt Financial Services, we understand that applying for a loan can raise many questions. That’s why we’ve compiled a list of frequently asked questions to guide you through the process with clarity and confidence.
A. General FAQs about Finxprt
Q. Is Finxprt a Bank or NBFC?
No. Finxprt is a loan consulting and advisory firm. We are not a bank or NBFC.
Q. Do you charge any consultation fees?
No. Our consultation is 100% free.
Q. How does Finxprt earn revenue?
We receive a small commission from banks/NBFCs after successful loan disbursement. You don’t pay us anything.
Q. Can I trust Finxprt with my documents?
Absolutely. We ensure complete data security and only share your documents with authorized banks/NBFCs.
B. Loan Process FAQs
Q. How do I apply for a loan through Finxprt?
Simply fill out our online form or contact us directly. We evaluate your profile and connect you with the right lender.
Q. How long does it take to get a loan?
It depends on the type of loan and lender. Personal loans can be processed within 24–48 hours, while secured loans may take longer.
Q. Can I apply for multiple loans at the same time?
Yes, but it’s advisable to apply strategically to avoid credit score impact. We guide you on the best approach.
C. Eligibility & Documents FAQs
Q. What documents are required for a loan?
PAN Card, Aadhaar Card, income proof (salary slips/ITR), bank statements, and address proof are usually required. Additional documents may be needed depending on the loan type.
Q. Do I need a guarantor or collateral for all loans?
No. Unsecured loans (like personal loans) don’t require collateral, while secured loans (like home loans, LAP) do.
Q. What if my credit score is low?
We help you explore options with lenders who accept lower credit scores or guide you on improving your score.
D. Charges & Safety FAQs
Q. Does Finxprt charge any hidden fees?
No. We maintain full transparency. Any charges like processing fees are levied by the bank/NBFC directly.
Q. How safe is it to share documents online?
Very safe. We use secure channels and never misuse your information.
Q. Do you share my details with third parties?
No. We only share documents with authorized lending institutions after your consent.
E. RBI & Compliance FAQs