Guide · Lenders
Banks usually offer lower interest rates but stricter eligibility and slower processing. NBFCs (Non-Banking Financial Companies) are regulated by RBI too, are often faster and more flexible — including smaller amounts and borrowers with limited credit history — but may charge more. If you have a strong profile, compare banks; if you need speed or a small amount, an NBFC is often the practical choice.
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| Bank | NBFC | |
|---|---|---|
| Regulated by RBI | Yes | Yes |
| Approval speed | Usually slower | Often faster, fully digital |
| Eligibility | Stricter | More flexible |
| Interest rates | Usually lower | Can be higher |
| Small loans | Rare | Common |
Yes, if the NBFC is registered with RBI. Check RBI’s list before you borrow.
Finriseo shows offers from RBI-registered NBFCs whose criteria match your profile.
Finriseo is a loan comparison platform, not a lender. Loans are given by RBI-registered NBFCs and are subject to their approval, rates and terms.