nihal fintech pvt. ltd.

What nihal fintech pvt. ltd. does

Nihal Fintech Pvt. Ltd. is a Mumbai-headquartered loan consultancy that operates as a Direct Selling Agent (DSA) intermediary connecting individual and business borrowers with more than 40 banks and non-banking finance companies (NBFCs) across India. Founded as an unincorporated advisory practice in 2013 and legally incorporated on 30 December 2023 (CIN U66190MH2023PTC416440), the company facilitates eight core loan products — home loans, loan against property (LAP), business loans, personal loans, working capital loans, project funding, loan against securities (LAS), and unsecured personal and business loans — plus an adjacent insurance services line. Its customer segments span home buyers, MSMEs and SMEs, NRIs, self-employed professionals and traders, and real-estate developers, with service delivery through dedicated financial planners, inside-sales telesales, and a 500+ partner DSA channel that extends reach to 2,000+ Indian cities alongside three physical offices in Mumbai, Pune, and Ahmedabad.

The business is fundamentally a relationship- and service-driven intermediary rather than a technology platform. Its only proprietary digital tool is a standard EMI calculator; the firm has no APIs, no proprietary lending engine, and operates through manual, phone-, email-, and form-led processes. Revenue is generated via transaction/consultancy fees on each facilitated loan and through referral and DSA commissions (0.2%–2.5% of loan amount, depending on product). Customer acquisition is driven by the 'Refer & Earn' mass-referral program, the DSA partner network of 500+ professionals (CAs, brokers, doctors, agents), content marketing through its blog and financial glossary, and an active social-media presence across Facebook, Instagram, and LinkedIn. The company claims 12,000+ cumulative clients, with 1,000+ in Mumbai alone, and 24-hour disbursement capability on most files; it does not disclose revenue, headcount, or institutional funding, and is wholly owned and led by Founder & CEO Niral Mehta.

Name

nihal fintech pvt. ltd.

Legal name

Nihal Fintech Pvt. Ltd.

Website

https://nihalfintech.com

Company type

Private

Founded year

2023

Operating status

Operating

Short description

Nihal Fintech Pvt. Ltd. is a Mumbai-headquartered loan consultancy and DSA intermediary that facilitates home, business, personal, LAP, project, and working-capital loans for individuals, SMEs, and NRIs through 40+ partner banks and NBFCs across Mumbai, Pune, and Ahmedabad.

Ownership category

akta.pro rank

Product category

Loan Consultancy Services

NAICS

Mortgage and Nonmortgage Loan Brokers (522310)

SIC

Loan Brokers (6163), Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Personal Loan & Unsecured Credit Intermediation (FSAEAEAM)

akta.pro secondary industries

Debt & Capital Advisory (Debt Raising, Refinancing, Private Credit) (BPAHAOAD), Construction & Development (C&D) Lending — Commercial/Multifamily (FSALADAH)

Keywords

• Loan consultancy services
• Home loan facilitation
• Business loan advisory
• DSA services
• Financial consulting

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Infrastructure, Technology or R&D

Revenue model

1. Loan Consultancy & Facilitation Fees: Nihal Fintech charges consultancy or service fees for the facilitation of loan products. The company acts as a Direct Selling Agent (DSA) and intermediary between borrowers and financial institutions (banks and NBFCs). Fees are communicated clearly in writing prior to service commencement with zero hidden charges. Consultancy fees are non-refundable once the loan file has been logged with a lending institution.
2. Referral Program Commission: The company operates a 'Refer & Earn' program where referrers earn minimum ₹2,500 up to Lakhs per successful loan disbursement. Additionally, DSA partners earn commission ranging from 0.2%–2.5% depending on loan product type. Commission is paid within 7–15 days (referral) or 15–30 days (DSA) of loan disbursement.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Nihal Fintech Pvt. Ltd. is a loan consultancy and financial solutions provider that operates as a Direct Selling Agent (DSA) intermediary between borrowers and partner banks and NBFCs. The company facilitates access to secured and unsecured loan products including home loans, loan against property, business loans, personal loans, working capital, project funding, and loan against securities through its network of 40+ partner banks and NBFCs. Services span dedicated financial planner consultation, eligibility assessment, documentation support, and bank coordination for individuals, NRIs, SMEs, and large businesses across India.

Product overview

Nihal Fintech Pvt. Ltd. is a loan consultancy and financial solutions provider that operates as an intermediary (Direct Selling Agent) between borrowers and financial institutions. It does not directly lend money but facilitates access to loan products through partnerships with 40+ banks and NBFCs. The product portfolio is organized as a multi-product loan facilitation service encompassing secured products (Home Loans, Loan Against Property, Loan Against Securities, Project Funding) and unsecured products (Personal Loans, Unsecured Business Loans), supported by working capital financing, insurance services, and digital tools including an EMI Calculator. The company operates a two-tier distribution model comprising a direct Refer & Earn program for individual referrals and a formal DSA Partner Program for professionals, with services delivered through dedicated financial planners and relationship managers across Mumbai, Pune, and Ahmedabad.

Differentiator

Problem solved

Functional benefit

Products and services

• Home Loans Loan facilitation for residential property purchase, construction, and renovation through partner banks and NBFCs, with consultation, eligibility assessment, documentation support, and bank coordination. Targeted at individuals and families seeking housing finance in India, including first-time buyers and those refinancing existing mortgages.
• Loan Against Property (LAP) Secured financing allowing property owners to borrow against residential or commercial property as collateral, with flexible terms and higher loan amounts compared to unsecured options. Targeted at property owners seeking liquidity through asset-backed borrowing.
• Business Loans Financial assistance for MSMEs, traders, and businesses seeking capital for expansion, operations, or investment, with both secured and unsecured options available. Targeted at small and medium businesses, manufacturers, and traders across India.
• Personal Loans Unsecured credit facility for salaried and self-employed individuals for personal financial needs including medical emergencies, travel, weddings, and debt consolidation. Targeted at individual borrowers with varied income profiles.
• Working Capital Loans Short-term financing for daily business operations including payroll, rent, inventory, and supplier payments, available as Cash Credit, Overdraft, Bank Guarantee, and Line of Credit. Targeted at operating businesses requiring recurring liquidity.
• Project Funding Large-scale project financing structured around specific project cash flows and assets for real estate development, infrastructure, and industrial projects. Targeted at developers, business owners, and project promoters requiring structured large-ticket financing.
• Loan Against Securities (LAS) Financing against pledged securities including listed shares, mutual funds, government bonds, and insurance policies, allowing investors to access liquidity without selling investments. Targeted at investors and individuals holding financial securities.
• Unsecured Personal & Business Loans Collateral-free financing for business owners and individuals requiring quick access to funds without pledging assets, with simplified documentation and faster approval. Targeted at borrowers without collateral or those needing rapid disbursal.
• Insurance Services Insurance products offered as an additional service to complement loan and financial solutions for individuals and businesses. Targeted at existing loan customers and prospects seeking integrated financial protection.

Quantifiable outcome

• 100% client satisfaction with zero hidden terms across 12,000+ clients
• +2 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and supporting.

• ICICI BankcoreChannel Partner/ Reseller/ DistributorNihal Fintech acts as a Direct Selling Agent (DSA) for ICICI Bank, facilitating home loans, business loans, LAP, and other loan products to the company's clients. ICICI Bank is among the 40+ partner banks and NBFCs in Nihal Fintech's network.
• Axis BankcoreChannel Partner/ Reseller/ DistributorNihal Fintech operates as a DSA for Axis Bank, providing clients access to Axis Bank's loan products including home loans, personal loans, and business loans. Axis Bank is a key partner in the company's network of 40+ lending institutions.
• Kotak Mahindra BankcoreChannel Partner/ Reseller/ DistributorNihal Fintech facilitates Kotak Mahindra Bank loan products as a DSA partner. The bank is listed among the company's key banking partners offering home loans, LAP, and other financial products.
• PNB Housing FinancecoreChannel Partner/ Reseller/ DistributorPNB Housing Finance is a key partner providing housing finance products through Nihal Fintech's distribution network. Listed as a valued partner on the company's website.
• IDBI BankcoreChannel Partner/ Reseller/ DistributorNihal Fintech facilitates IDBI Bank loan products as a DSA. IDBI Bank is listed among the company's banking partners offering various loan products.
• SBI (State Bank of India)coreChannel Partner/ Reseller/ DistributorSBI is referenced as a lending partner in the DSA partner program materials. Nihal Fintech's network includes 50+ lenders including SBI, HDFC, ICICI, Kotak, Bajaj, and more, covering products from home loans to project funding.
• HDFC BankcoreChannel Partner/ Reseller/ DistributorHDFC Bank is listed as a lending partner in Nihal Fintech's network of 50+ banks and NBFCs. The DSA program materials reference HDFC as a key home loan provider.
• Bajaj FinservsupportingChannel Partner/ Reseller/ DistributorBajaj Finserv is included in the 50+ bank and NBFC network referenced in the DSA partner program. The company offers personal loans, LAP, and business loans through this partnership.
• LIC Housing FinancesupportingChannel Partner/ Reseller/ DistributorLIC Housing Finance is listed among the 50+ lending partners in the DSA partner program, offering housing finance products to Nihal Fintech's client base.
• Tata CapitalsupportingChannel Partner/ Reseller/ DistributorTata Capital is referenced among the 50+ lenders in Nihal Fintech's network, offering business loans, LAP, and other financial products through the company's distribution channel.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Paisabazaar (PB Fintech): India's largest online loan aggregator, offering comparison and application facilitation across personal, home, business and credit card products from multiple banks and NBFCs. Directly competes with Nihal Fintech on the multi-lender loan intermediation model, though at much larger digital scale.
• BankBazaar: Online financial product marketplace in India that aggregates loans, credit cards and insurance offerings from banks and NBFCs. Closely comparable to Nihal Fintech's core business of matching borrowers with the best lender offers.
• MyLoanCare: Online loan distribution and aggregation platform focused on home loans, personal loans and balance transfers in India. Competes with Nihal Fintech on the loan intermediation value proposition, with a stronger digital tooling layer.
• Deal4Loans: Indian loan aggregator platform connecting borrowers with banks for home loans, personal loans and business loans. Offers a comparable lender-comparison and DSA-style intermediation service.
• Ruloans: Indian loan distribution company specializing in home loans, LAP and balance transfers through a network of partner banks and a DSA channel. Directly comparable to Nihal Fintech's home loan and secured lending intermediation focus.

Broad incumbents

• Bajaj Capital: One of India's largest loan distributors and financial services intermediaries, with established relationships across leading banks and NBFCs. Overlaps heavily with Nihal's loan facilitation business but at significantly larger scale and broader product breadth including insurance and investments.
• India Infoline (IIFL): Diversified Indian financial services group offering home loans, personal loans, business loans, LAP and wealth management through its own distribution network. Competes with Nihal Fintech across multiple loan segments as part of a much wider financial services franchise.

Emerging players

• CreditMantri: Credit health and personal loan advisory platform in India that helps borrowers assess and improve creditworthiness before lender matching. Adjacent to Nihal's loan consultancy model with a more data-driven angle.
• LoanTap: Indian fintech offering personal loans, business loans and home loans with a technology-driven origination platform. Comparable to Nihal's borrower-facing loan facilitation model but with proprietary credit underwriting.
• Lendingkart: Indian fintech focused on MSME and small business lending with a digital application and underwriting platform. Overlaps with Nihal Fintech's business loan and MSME borrower segment, though Lendingkart lends on its own books rather than purely intermediating.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/nihalfintechpvtltd
• LinkedInlinkedin.com/company/nihalfintech-linkedin-pvt-ltd
• Instagraminstagram.com/nihalfintech

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about nihal fintech pvt. ltd.