IIFL Personal Loan Apply: Get up to 5 Lakh

IIFL is offering up to Rs. 5 lakhs instant personal loans. The process is 100% digital. You can apply for a loan online. The minimal documentation process. India Infoline  (IIFL) Finance personal loan interest rate starts from 12.75% per annum.

Let’s read the article to learn more about IIFL personal loans.

IIFL Personal Loan Quick Recap

Loan Amount	Up To 5 Lakh
Interest Rate	12.75% to 33.75% p.a.
Tenure	1 -5 years
Age Required	23 -60 years
CIBIL Required	-1 /700+
Processing Fees	Up to 4% of the loan amount
Eligible For	Salaried Person

Benefits of IIFL Personal Loan

Instant Disburse: IIFL personal loan provides an instant loan disbursement process within 72 hours.

Minimal Documents: The documentation process is minimal compared with other Banks.

Digital Loan: You don’t visit brunch for other Banks or NBFCs. You can apply online.

Competitive Interest: IIFL provides a competitive interest rate. The interest rate is 12.75% to 33.75% per annum.

Flexible Tenure: The flexible loan tenure offering by IIFL. The loan repayment tenure starts from 1 year to 5 years.

No Hidden Fees: There are no hidden charges. IIFL takes the processing fees at loan disbursement time.

Also Read: Personal Loan for Self Employed in India

Eligibility Criteria for IIFL Personal Loan

• Indian Residence
• Age 23 to 60 years required
• A monthly net salary of Rs. 15,000 required
• The minimum job experience of 2 years required
• CIBIL Score should be -1 or 700+ required
• Maintain ABB (Average Bank Balance) of Rs. 8,000

Documents Required for IIFL Loan

Apply for an IIFL personal loan requires the following documents:

• Aadhaar Card
• Pan Card (Identity Proof)
• Current address proof (Aadhaar Card, Rent agreement, Electricity bill)
• Recent 3 month’s salary slip
• Last 6-month bank statement pdf

Also Read: Personal Loan for Minimum Salary 15,000

IIFL Personal Loan Interest Rate

Minimum Interest Rate	12.75% p.a.
Maximum Interest Rate	33.75% p.a.

IIFL Personal Loan Fees & Other Charges

Processing fee	Up to 4% of the loan amount
Late Fees, Penal Charge	2% of monthly compounded
Pre-close Charges	No charges (after 12 month)

How to Apply for an IIFL Personal Loan

Step 1: Click on the “IIFL Personal Loan” button.

Step 2: Enter the Aadhaar-linked phone number.

Step 3: Fill in the basic customer details

Step 4: Again enter the customer’s phone number

Step 5: Give pan card & customer email ID.

Step 6: After the credit check, upload the salary account statement.

Step 7: If you are eligible, you will get the loan offer.

Step 8: Now complete the e-mandate process.

Step 9: After the process, the loan will be credited to your bank account.

Also Read: Flexpay Instant Personal Loan

IIFL Personal Loan Customer Care

You will get all queries through IIFL customer care. Customer care will solve the loan or other queries as soon as possible.

Customer Care: 1860 267 3000 / 7039 050 000

Official Email: [email protected]

Office Address

India Infoline Finance Limited, 802, 8th Floor

Hubtown Solaris, N. S. Phadke Marg

Vijay Nagar, Andheri East, Mumbai – 400 069

FAQs on IIFL Personal Loan