NBFCs are the organic entities of our country as they have ensured growth, development and sustainability. They are the extended hands of our banking services which needs these supportive hands. They could be small in their nature & outlook as they provide immense inherited value & timely help for needy Indians at all times. Without these small NBFC the integration and value additional services which could benefit our entire country citizens is impossible. This study is an investigation in to the specific impactful influences of NBFCs in providing interest free loans which helps the needy and poor sections. This study is empirical and quantitative in its approach as Primary data would be collected from NBFC beneficiaries in Karnataka. This study focuses on NBFC beneficiaries in North Karnataka as it deals with specific benefits of interest free loans provided by Taqwa Credit Co- Operative Society (Bhatkal/Bangalore) and The Muslim Co-operative Bank Ltd (Mysuru). Primary data for this study would be collected from 150 NBFC beneficiaries by administering a structured questionnaire through Google form as it has used Likert 7-point scale. This scale is more valid and reliable as it can capture in-depth perceptions and opinions with influences of NBFC beneficiaries. Secondary data would be collected from various published sources which also help to identify the existing research gaps on this domain. Data analysis would be done using SPSS as correlation, regression & ANOVA. This study intends to provide an SEM model as the outcome of the study which can determine the impactful influences of interest free banking products in North Karnataka NBFCs. The study also intends to provide strategies & solutions to effectively manage Karnataka NBFC for their impactful influences.