All your loans. One EMI.

How it works

1. 01

   Add up what you are actually paying

   Finsa reads your Equifax report and lists every loan and card you are servicing, with its rate, EMI and remaining tenure. Checking is free and is a soft enquiry, so it never affects your credit score.

2. 02

   Put one EMI next to that total

   A single figure against your current one, at a blended rate and a tenure you can move. Stretch the tenure and the monthly number falls while the total interest rises, so Finsa keeps both on screen instead of the flattering one.

3. 03

   One request, not one bank at a time

   The consolidated amount goes to our lender partners together. They price it and come back to you, and leaving your loans exactly as they are stays an option.

Questions people ask

Can I convert multiple EMIs into one?

Yes. A lender pays off the loans and cards you nominate, and from then on you repay that one lender. How many you can fold in is the lender's call, based on your income and what you already owe, rather than a limit Finsa sets.

Is a one-EMI loan the same as debt consolidation?

Yes, this is what lenders call a consolidation loan. Same product, same paperwork: one EMI is what you experience, consolidation is what the lender writes on it. How debt consolidation works

Will one EMI be lower than my current EMIs?

It can be, and it is worth checking rather than assuming. The monthly figure falls if the new rate is below the blended rate you pay today, or if the tenure is longer. A longer tenure lowers the EMI and raises the interest you pay over the life of the loan, which is why Finsa shows you the total as well.

Is there an app that puts all my loans in one EMI?

Finsa does it from your credit report rather than from a form: it reads every live loan and card on your Equifax file, adds up what they cost you each month, and asks RBI-regulated lenders to price the whole lot as one. Finsa is not a lender, so the single EMI is the lender's offer, not Finsa's.

Can I merge two personal loans from different banks?

Yes, and two is the commonest case. The lenders your loans sit with do not have to agree to anything — a new lender simply funds the total and the old accounts are closed from it, which is why loans at different banks combine as easily as loans at one.

Can a credit card bill go into the single EMI?

Yes, and it is usually the balance most worth moving. Cards in India commonly run around 36% to 42% a year against a personal loan in the teens, so a card balance folded into the one EMI is where most of the saving in this product comes from.

How long before the one EMI actually starts?

The check itself takes minutes: consent, an Equifax OTP, and the offers come back against your real balances. After you accept one, the lender's own disbursal and closure process decides the date, and the first single EMI falls in the following cycle.

Does it affect my credit score?

Checking does not. Checking is free and is a soft enquiry, so it never affects your credit score. Taking the loan closes several accounts and opens one, which can dip your score briefly because your average account age drops. Clearing a high card balance usually pulls the other way, and most people are back where they started within a few months of on-time payments.

How do I avoid getting rejected for a one-EMI loan?

Apply where your numbers already fit, instead of everywhere. Every lender caps how much of your monthly income can go to EMIs and sets its own minimum and maximum loan. A one-EMI loan that breaks either limit is refused, and each refusal adds a hard enquiry to your report. Finsa checks your Equifax report against those limits for each lender it compares, in one soft check, and you take forward only the ones that fit. When nothing fits yet, you see the reason, usually the share of income going to EMIs, before any lender does. Approval itself stays the lender's decision.

Does Finsa charge a fee?

Finsa charges no processing fee and no fee of any kind: the credit report, the offers and the match are free to the borrower. Finsa is paid by the lender on disbursal. Any processing fee of the lender's own is shown on its Key Fact Statement before you sign, and you can compare offers on that.