Who We Are
Vehicle Loan Overview
Two wheeler
We offer our customers, two wheeler loan for the purchase of their favorite motorcycles in the market.
Three wheeler
In India three wheeler is not a household product it’s just a transport vehicle for many of us so getting a finance easily and quickly with less hassle free process is difficult. We offer our customer a three wheeler loan which is easy to apply and quick to process.
Taxi Finance
Taxi Finance is a unique proposition of Nitstone Finserv has we provide unique offers for taxi finance, by this we ensure that customer who are looking for this kind of finance will have easy and simple to apply and live up to their Dream.
Personal Four Wheeler
Often, due to lack of funds we postponed our decision to buy personal four Wheeler. We also realize that at times there not surplus cash or credit with you. With these kind of issues we offer our customer a four wheeler loan with attractive offer and with best interest rate.
Benefits & Features
3% foreclosure charges
A foreclosure charge of only 3% on the principal outstanding amount is applicable if you choose to foreclose before the 12th EMI billing.
Partial foreclosure
In some cases, partial foreclosure is also permitted, thereby allowing you to shorten the loan period if you want to or lower the remaining EMI amounts.
Friendly call centre helpline with over 10 languages
Our call centre allows you to interact with us in your preferred language enabling better and friendly communication.
Easy pay-in-cash option
For small towns, where customers prefer not to open bank accounts, we have the facility to collect loan repayment in cash.
Special preapproved offers/ prime lending program
Our existing customers get special preapproved offers from time to time. Customers with exceptional credit track record get special schemes.
Transparent process
Within 10 days of taking your loan, you will receive a Welcome call & an SMS that covers all the necessary details of your loan from loan amount, due dates, EMI amount and contact details.
Eligibility & Documents
Here are a few basic eligibility criteria you must fulfil before availing this loan:
- Should be at least 21 years old (at the time of application) and less than or equal to 65 years (at the end of the loan tenor)
- Should be residing in the city for at least one year
- Should be working for at least one year
- Should have a landline number either at the residence or at office
Documents Required:
- Proof of identity
- Copy of any one document listed below
- Passport
- Photo credit card - front & reverse
- Voters ID card
- Driving license
- PAN card
- Company ID card of MNC/ public Ltd. / PSU/ Govt. company
- Aadhar card
- Address proof - Copy of any one document listed below
- Passport
- Voters ID card
- Driving license
- Rental agreement
- Telephone bill
- Electricity bill
- Gas connection bills
- Ration Card
- Sale deed
- Property purchase agreement
- Credit card billing statement (latest)
- LIC policy
- Letter from company or company provided accommodation (list of the company's as per the Banks List- ID card of MNC/ Public Ltd., / PSU/ Govt. company containing the residence address)
- Address proof in the name of the applicant's spouse or parents name is acceptable.
- Income proof
- Your source of income, along with the bank statement.
- Other relevant documents will be required depending upon the segment and profile of the applicant.
Ready to Apply
Apply NowHow to Apply
Step 1
Click on Apply to go to our online form. Fill in detail and submit the form.
Step 2
Get an instant approval. Select your required loan amount and tenure.
Step 3
Our representative will get in touch to collect your documents.
Step 4
Amount will be credited to your account.
Fees & Charges
The interest rates for finance of Nitstone are based on the following parameters:
- Borrower’s profile
- Geography of residence
- Loan amount
- Product for which finance is sought
Depending on the above factors, customers are categorized into the following bands - high, medium and low. The current interest rates* across these bands are:
- High > 30%
- Medium 27% to 30%
- Low < 27%