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.
Number of Cities
Number of Business Associates
Number of lives impacted
Policies we finance
Finsall provides Insurance Premium Financing for the following policies
Project Details
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Project Details
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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
Our Team
Promod Khanna
Founder and Director
Tim Mathews
Co-founder and CEO
Prabal Khanna
Co-founder and COO
Dhiraj Kumar
Senior Manager - Technology
Anubhav Rojal
Mobility Lead
Lake Sharma
Senior QA Engineer
Suparno Saha
Senior Software Developer
Bhavya Anand
Customer Success Manager
Saurabh Kumar
Technology Intern
Tim Mathews
( Finance )
Tim has over thirteen years of cross industry experience in
strategy, investment banking and engineering services.
Across Indian, North American and Middle Eastern markets. He
last served as a Founding Partner of Flair Capital, a
boutique investment bank and was in charge of fund raising
and business advisory for technology-enabled companies. He
has worked with Emerson Climate Technologies (USA), GE (USA)
and Satyam (India).
He holds a Bachelors degree
from Indian Institute of Technology (IIT-Madras) and holds a
Masters in Business Administration from Washington University
in USA.
Prabal Khanna
( Insurance & Analytics
)
Prabal Khanna is an insurance and insurance-innovation
professional with work experience of nine years in India and
USA, he is credited with successful implementation of various
insurance projects in India and USA. He has worked with
Birlasoft, Tata AIG, Cognizant Business Consulting, Accenture
and Swiss Re.
He holds a Bachelor’s degree in
Engineering and is a MBA (Insurance) from National Insurance
Academy. He is also a Fellow of the Insurance Institute of
India.
Sajal Garg
( E-Commerce )
Sajal Garg is an e-Commerce professional, he brings in rich
entrepreneurial work experience of seven years in multiple
fields. He was the co-founder of an online food-ordering
venture, Bigbite, and networked over 1,200
provider-organizations across Delhi-NCR.
He is a
Bachelor of Technology from the Indian Institute of
Technology (IIT-Roorkee) and holds a Master’s in Management
from London Business School.
Sanjay H. Pande
( Insurance &
Business Strategy )
Sanjay is an insurance and business development professional
with work experience of twenty four years in the mainstream
insurance industry in India and Kenya. In his consulting role
for the last seven years, he has steered many projects for
UNDP, ILO, GIZ, Govt. of India, SBI General, and L&T General
besides others. He has also landscaped the Indian non-life
insurance industry at various forums in Australia, Ghana,
Mexico, UAE, Uganda and USA. He was previously employed with
National Insurance Co. Ltd., Phoenix of EA Assurance (Kenya)
and ICICI Lombard.
He holds a Bachelor’s degree in
Mathematics from the University of Lucknow (India) and a
Master’s in Business Administration from the University of
Allahabad (India). He is also an Associate of the Insurance
Institute of India.
Promod Khanna
( Offline Distribution
)
Promod is an insurance logistics and provider-networking
professional, he brings in work experience of over thirty
five years in the mainstream insurance industry in India. He
is credited with setting up one of the first health
administration organizations in India and successfully
networking over 3,500 provider organizations for delivery of
healthcare across the country. He was previously employed
with National Insurance Co. Ltd. and Genins India (TPA) Ltd.
as its Chief Executive Officer.
He holds a
Bachelor’s degree in Commerce from the University of Delhi.
Raghu Nayyar
( Legal & Compliance )
Raghu is a multi-disciplinary business and legal
professional, he brings in rich work experience in the IT
industry, handling projects and operations in global telecom
markets. For the last eight years he is active in the legal
profession. Previously employed with Am Soft Systems,
UNIXPROS Inc., Trigen Systems, United Global Com and ICL
(UK)-Fujitsu, he is currently an independent advisor to
corporates and is on the Board of a large energy company.
He is a Bachelor of Technology from the Indian Institute of
Technology (IIT-Kanpur) and a PGDM from the Indian Institute
of Management, (IIM-Ahmadabad). He also holds a Bachelor’s
degree in Law from the CCS University (India).
