Common FAQs – NextFin

The Company

About NextFin

NextFin (owned by Amar Amba Finance Hire Purchase Pvt Ltd) is a digital lending app for salaried and self employed individuals in India. One can apply for a short term personal loan of up to Rs 50,000. Our USP is the ability to disburse unsecured personal loans in under 30 minutes. Besides unsecured loans, we also offer secured loans such as Loan Against Property, Gold & Cars.

We believe getting a loan today should be as easy and simple as online shopping, and not tiring or embarrassing. Think of us as your trusted friend you can borrow from without hesitation. We are committed to serving you in a trusted manner and we care deeply about user privacy & data security.

Are you a digital lending app or an RBI registered NBFC?

We are an RBI registered NBFC (Amar Amba Finance Hire Purchase Pvt Ltd) that owns and operates the mobile app for online lending.

Why should I choose NextFin?

Get instant loans from Rs 5,000 onwards
Get loans directly in your bank account
No Prepayment penalty
Low processing fees.
Complete digital process for Instant loan, Credit score, Insurance eligibility check and apply
Complete digital process for instant loan and credit score.
Compare and apply for quick approval loans.

How can I download NextFin?

To avail our services, you must download our App from either the Android Playstore or the iOS App Store.

How can I contact NextFin?

We are happy to help you at support@nextfin.in or +918447804814. We’re available 9:30 AM – 6:30 PM Monday – Saturday.

Referral Program

What is the referral program?

We reward existing customers of the app to bring in new members to help the community grow and thrive. Whether or not if you’ve taken a loan, you (the referrer) automatically become eligible to refer a friend (the referee) to NextFin. Once your friend downloads the application with us, he earns Rs. 100/- in his/her wallet while you earn Rs. 100/- in your wallet. You can only redeem the amount once your wallet balance becomes Rs 500 (i.e you need to refer minimum of 5 people who should use your referral code at the time of signing up).

How do I refer a friend?

Open the NetxFin app and click on the “My Rewards” button on the home screen.
You’ll be guided to a page with an option to share a referral code link with your contacts
Select a contact you’d like to refer and then choose your preferred mode of sharing the referral code
Press “INVITE” and you’re done!
Remember, the referral code can only be setup at the time of Signing Up for the app.

How and when can I avail the benefit?

Once your friend (the referee) receives the code, she will need to download the NextFin app. Upon entering your referral code while “Signing Up” you both will get Rs 100. You will be notified once your referral has been successfully used and subsequently, you should receive Rs. 100/- from us as your reward. You both will be able to use the rewards against the processing fees while applying for a loan once your wallet balance becomes Rs 500 or more.

What is the criteria for getting the benefit?

You can download the app and be eligible for our referral program. To utilize the rewards earned by you, you need to have a minimum of Rs 500 in your rewards wallet, which will be adjusted against your next loan processing fees.

How many friends can I refer

You can refer as many friends. Once your friend (the referee) receives the code, she will need to download the NextFin app. Upon entering your referral code while “Signing Up” you both will get Rs 100. You will be notified once your referral has been successfully used and subsequently, you should receive Rs. 100/- from us as your reward. You both will be able to use the rewards against the processing fees while applying for a loan once your wallet balance becomes Rs 500 or more.