Talk to us

Non-Banking Financial Company · Mumbai

Finance that keeps pace with care.

We pay hospital bills while the insurance claim catches up, fund hospitals waiting on insurers, and lend to the businesses, families and builders around them.

Explore our loans Talk to us
Incorporated
2008
Thar Group lineage
35 years
AUM, audited, 31 Mar 2025
₹518 Cr

What we lend

Six loans. One standard of care.

From a hospital bed to a building site, every product gets the same attention: clear terms, quick decisions and a person who answers the phone.

For patients

Patient Finance

We pay your hospital bill directly and handle the insurance claim for you, so treatment starts without an upfront payment. Offered with designated insurance aggregators.

Apply Now (opens in a new tab) More on Patient Finance

  • Hospital bill coverage

    We pay the hospital directly, so the patient gets care without waiting on funds.

  • No upfront payment

    Nothing to pay at the admission desk; treatment is not held up by the bill.

  • Claim handled for you

    We submit and follow the insurance claim on the patient’s behalf.

  • Flexible repayment

    Repay at your own pace, on the terms of your loan agreement.

For hospitals

Claims Finance

Insurers can take 45 to 60 days to pay for cashless treatment. We advance the invoice amount as soon as the hospital raises it, and recover it when the insurer settles.

Talk to us More on Claims Finance

  • Working capital, released

    Funds reach your bank account as soon as the invoice is raised with the insurer.

  • No collateral

    Your assets stay yours; we take no collateral against the invoices.

  • Steadier cash flow

    No liquidity crunch while claims wait in the insurer’s queue.

  • Competitive pricing

    Priced on the strength of the insurer’s credit, not only the hospital’s.

For individuals

Premium Finance

Spread your health insurance premium into 3, 6, 9 or 12 monthly instalments. We fund 50% to 85% of the premium; you pay the rest upfront.

Talk to us More on Premium Finance

  • Up to 85% of the premium

    We cover 50% to 85% of the premium; the remaining 15% to 50% is your down payment.

  • Short, simple EMIs

    Choose 3, 6, 9 or 12 monthly instalments.

  • Secured by the policy

    The loan is secured by a policy cancellation agreement with the insurer; no other collateral.

  • Automatic collection

    EMIs are collected by e-NACH on the 5th working day of each month.

For businesses

Business Loans

A general-purpose drop-line overdraft from ₹10 lakh to under ₹25 lakh, sized on your average monthly balance, with real-time disbursal and up to 36 months to repay.

Talk to us More on Business Loans

  • ₹10 lakh to under ₹25 lakh

    The limit is set by your average monthly balance over the previous 12 months.

  • Drop-line overdraft

    Draw what you need, when you need it, for current or fixed assets.

  • Real-time disbursal

    Funds move when the business needs them.

  • Up to 36 months

    Flexible repayment periods of up to three years.

For individuals

Personal Loans

For salaried individuals with a good credit record: consolidate debt, meet a medical emergency, pay for a wedding, education, home improvement or travel.

Talk to us More on Personal Loans

  • For salaried individuals

    Built for salaried borrowers with good credit scores.

  • For what matters now

    Debt consolidation, medical emergencies, household goods, education, weddings, home improvement or travel.

  • Straightforward terms

    Clear terms, set out in full before you sign.

For developers

Construction Finance

Real estate construction finance for builders, developers and construction firms: project funding, progress-linked construction finance and land acquisition funding.

Talk to us More on Construction Finance

  • Project and land funding

    Project funding, construction progress financing and land acquisition funding.

  • Residential, commercial, industrial

    For developments of every kind.

  • Flexible tenors, quick approvals

    Competitive rates and tenors shaped to the project.

  • A dedicated relationship manager

    One person who knows your project, with transparent terms and diverse collateral options.

Patient finance, step by step

Treatment first. The paperwork is ours.

We pay your hospital bill directly and handle the insurance claim for you, so treatment starts without an upfront payment. Offered with designated insurance aggregators.

Apply Now (opens in a new tab) More on Patient Finance

  1. 01

    Apply at admission

    Apply online or at a partner hospital’s desk while you are admitted.

  2. 02

    We pay the hospital

    Once approved, we settle the bill with the hospital on your behalf.

  3. 03

    We process the claim

    We take the insurance claim through submission and settlement.

  4. 04

    You repay, at your pace

    Repay the balance on the schedule set out in your loan agreement.

In their words

Told by the people we financed.

  • [PLACEHOLDER: testimonials[0]]
  • [PLACEHOLDER: testimonials[1]]
  • [PLACEHOLDER: testimonials[2]]

Audited · as of 31 Mar 2025

Strong books, plainly stated.

Our FY25 audited figures. We publish audited numbers only; the full statements are on our financials page.

Assets under management
₹518 Cr
Net worth
₹136 Cr
Profit after tax
₹5.93 Cr
Gross NPA
0.25%
Capital adequacy ratio
45.17%
Collection efficiency
97%

See the FY25 financials

The Thar Group

Thirty-five years of trust, one family.

Our story starts with Thar & Co., a chartered accountancy firm founded by Mr. Jayesh R. Thar, which has served clients in finance and professional services for more than three decades.

Its standards of excellence and integrity carried the Thar Group into finance, professional services and real estate. Thar Commercial Finance is the group’s NBFC.

  1. 2008

    Incorporated

    Incorporated by the Mehta Group as India Advantage Finance Private Limited.

  2. 2015

    Joins the Thar Group

    The Thar Group takes over control and management, renaming the company Thar Commercial Finance Pvt. Ltd.

  3. 2017

    Wholesale lending

    The company ventures into wholesale lending.

  4. 2021

    Retail and healthcare

    Borrowing partnerships with ICICI Bank and South Indian Bank; retail MSME and healthcare lending begin, with a move towards digital lending.

  5. 2023

    Scaling up

    A credit line from SBI, and a push into retail lending for healthcare and MSMEs.

About Thar Commercial Finance

Get started

Care shouldn’t wait for a claim.

Apply for patient finance online. For claims, premium, business, personal or construction finance, talk to us.

Apply for patient finance (opens in a new tab) Talk to us or call 022 6715 4321