Access to 70+ Banks & NBFCs for best-fit offers
Why Choose a Debt Consolidation Loan with Finxprt?
We go beyond just finding you a loan. We ensure you get the best possible deal.
Lower Interest Rates compared to credit cards and multiple loans
One single EMI → Simplified money management
Get rid of hidden charges & financial stress
Expert guidance with 15+ years’ experience
What is a Debt Consolidation Loan?
A debt consolidation loan allows you to merge multiple outstanding debts — credit card bills, personal loans, business loans, or other liabilities — into a single loan with one EMI. This helps reduce your monthly outflow, improve credit score, and regain financial control.
Types of Debt Consolidation Loans We Offer
Not every Debt Consolidation Loan is the same. At Finxprt Financial Services, we help you find the right type of debt consolidation based on your needs, profession, and financial situation. Explore the options below:
Personal Loan for Debt Consolidation
A simple and unsecured way to merge all your credit card and loan EMIs into one personal loan at a lower interest rate.
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Loan up to ₹50 Lakhs.
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Unsecured – No collateral required.
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Flexible repayment tenure from 1 to 5 years.
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Faster approval & quick disbursal.
Business Debt Consolidation Loan
For entrepreneurs and business owners managing multiple high-cost loans, this option helps merge all liabilities into one structured business loan.
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Loan amounts tailored to business cash flow.
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Both secured and unsecured options available.
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Reduce high-interest rates from informal borrowings.
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Manage working capital with a single EMI.
Loan Against Property (LAP) for Debt Consolidation
Use your residential, commercial, or industrial property to secure a large loan at a lower rate and consolidate all your outstanding debts.
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Higher loan amount — up to 70% of property value.
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Long tenure up to 15 years for lower EMI.
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Attractive interest rates starting from 8.5% p.a.
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Best suited for large debts and business owners.
Balance Transfer for Debt Consolidation
Transfer your existing high-interest personal loan or home loan to another lender at a lower interest rate, and consolidate additional debts into the new loan.
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Interest rate reduction up to 3–5% lower.
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Option to take a top-up loan during transfer.
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No need to manage multiple EMIs anymore.
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Improve monthly cash flow significantly.
Still not sure which Debt Consolidation Loan suits you best?
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Frequently Asked Questions on Types of Debt Consolidation Loan
Q: Can I use a personal loan to pay off my credit card debt?
Yes, many borrowers use personal loans to clear high-interest credit card dues and save money.
Q: Will this improve my credit score?
Yes, consolidating into one loan with timely repayment improves your CIBIL score.
Q: Can SMEs apply for business debt consolidation?
Yes, SMEs and MSMEs often benefit the most from consolidating debts into one manageable business loan.
Q: Does this affect GST or tax benefits?
No, repayment structures remain the same. Only your EMI management improves.
Q: Is my property safe if I take LAP for debt consolidation?
Yes, as long as you repay on time, your property remains safe. The loan is secured against property only.
Q: Who should opt for LAP for consolidation?
Borrowers with high outstanding debts who want a bigger loan with lower EMI burden.
Q: Can I transfer my loan if I just took it recently?
Yes, but most lenders allow balance transfer after 6–12 EMIs paid.
Q: Is top-up mandatory during balance transfer?
No, it’s optional. You can choose based on your requirement.
Who Can Apply for a Debt Consolidation Loan?
To qualify for a debt consolidation loan, you typically need to meet the following conditions
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Age: 21–60 years.
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Minimum CIBIL score: 700+.
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Proof of stable income/business.
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Salaried individuals with minimum ₹25,000/month income.
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Self-employed professionals, business owners, and traders.
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Borrowers with multiple outstanding loans or credit card dues.
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Property owners seeking larger consolidation via LAP.
Even if your credit score is lower, Finxprt helps you find banks that best match your profile.
Documents Needed for a Debt Consolidation Loan
Keep these documents handy for faster approvals
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Identity proof (Aadhaar, PAN, Passport).
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Address proof (Utility bills, Aadhar, Passport).
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Income documents (Salary slips / ITR / GST returns).
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Loan statements / Credit card statements.
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Property documents (if applying for LAP).
How Finxprt Gets Your Loan Approved
Your Loan Journey Made Simple
Tell Us Your Requirement
Share your loan need (personal, home, business, or more) with just a few details.
Submit Basic Documents
Provide your financial documents securely so we can assess eligibility.
Compare the Best Bank Offers
We evaluate and shortlist multiple lenders to bring you only the most suitable options.
Get Fast Loan Approval
Transparent process with zero hidden charges – quick approvals made hassle-free.
Instant Disbursal
Once approved, the loan amount is credited directly to your bank account.
That’s it! No running around banks, no confusion.
Finxprt does all the heavy lifting while you get the loan you deserve.
Apply Now – Start Your Loan Journey
The Finxprt Advantage
Why Choose Finxprt for Your Debt Consolidation Loans?
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Compare offers from 70+ banks & NBFCs
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Faster approval with minimal paperwork
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End-to-end support till disbursal
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100% transparent process – no hidden charges
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RBI-compliant trusted lending partners
Finxprt is your reliable partner for stress-free loan approvals.
Debt Consolidation Loan EMI Calculator
Estimate your monthly EMIs instantly. Enter your loan amount, interest rate, and tenure to find the perfect repayment plan.
Frequently Asked Questions on Debt Consolidation Loans
Q: Is debt consolidation the same as debt settlement?
No. Debt consolidation merges your debts into one loan. Debt settlement means negotiating with lenders for partial payment.
Q: Will I save money with debt consolidation?
Yes. By reducing interest rates and late fees, you’ll save significantly over the loan term.
Q: Can I include my credit card dues in debt consolidation?
Absolutely. Credit card balances are among the most common debts consolidated.
Q: Does Finxprt charge extra fees for debt consolidation?
No hidden charges. We work transparently and only with trusted banks & NBFCs.
Q: How fast can I get a debt consolidation loan?
Depending on your profile, approvals can be as quick as 24–48 hours.
Let’s Talk Finance!
Ready to apply for a loan or need expert guidance?
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