हिंदी में पढ़े
Disclaimer: IIFL Finance Limited is not a Paisabazaar partner and all content herein is strictly informative in nature. Paisabazaar is not affiliated with, sponsored by or in any way connected to IIFL Finance Limited for personal loans. No offers/services from IIFL Finance Limited are being provided by Paisabazaar for personal loans. For further information about IIFL Finance Limited for personal loans, users are required to reach out directly to IIFL Finance Limited.
| Indian Infoline Finance Personal Loan Highlights | |
| Interest Rates | 12.75%-44.00% p.a. |
| Loan Amount | Rs 5,000-Rs 5 lakh |
| Tenure | 3-42 months |
| Processing Charges | Up to 2%-9% of loan amount |
| Prepayment charges | NIL |
| Minimum Monthly Salary | Rs 22,000 onwards |
Note: Rates as of 13th December 2024
Indian Infoline Finance Personal Loan Interest Rates
| Minimum Interest Rate | 12.75% p.a. |
| Maximum Interest Rate | 44.00% p.a. |
Apply for Personal Loan with Quick Disbursal Click Here
Personal Loan Interest Rates offered by Top Banks/NBFCs
| Banks/NBFCs | Interest Rates(p.a.) | |
| Axis Bank | 11.25% onwards | Apply Now |
| IndusInd Bank | 10.49% onwards | Apply Now |
| IDFC First Bank | 10.99% onwards | Apply Now |
| HDFC Bank | 10.85% onwards | Apply Now |
| ICICI Bank | 10.85% onwards | Apply Now |
| Kotak Mahindra Bank | 10.99% onwards | Apply Now |
| Tata Capital | 11.99% onwards | Apply Now |
| Federal Bank | 12.00% onwards | Apply Now |
| DMI Finance | Up to 28% | Apply Now |
| L&T Finance | 12.00% onwards | Apply Now |
| Kreditbee | 16.00% - 29.95% | Apply Now |
| MoneyTap | 13.00% onwards | Apply Now |
| Piramal Finance | 12.70% onwards | Apply Now |
| Aditya Birla | 10.99% onwards | Apply Now |
| Moneyview | 14%-36% | Apply Now |
| Cashe | 27.00% onwards | Apply Now |
Apply for Personal Loan with Quick Disbursal Click Here
Indian Infoline Finance Personal Loan Fees and Charges
| Processing Fee | Up to 2%-9% of loan amount |
| Penal Charges, late payment, Defaults of any money payable | 2% compounded monthly |
| Prepayment Charges | NIL (allowed only after 6 months of repayment) |
Eligibility Criteria for Indian Infoline Finance Personal Loan
For Salaried:
- Minimum age at the time of loan application: 23 years
- Maximum age at the time of loan maturity: 60 years or retirement age, whichever is earlier
For Self-employed:
- Minimum age at the time of loan application: 25 years
- Maximum age at the time of loan maturity: 65 years
- Business vintage of at least 3 years
Documents Required for Personal Loan Application
The following documents are required to avail the personal loan:
- Selfie
- Address Proof (Aadhar Card/Driving License)
- ID Proof (PAN Card)
- 6-12 months bank statement for current account and savings account
Apply for Personal Loan with Quick Disbursal Click Here
Customer Care
- Toll-free Number: 1860-267-3000
- Email Id: reach@iifl.com
FAQs
1. How long does it take for the disbursal of Indian Infoline Personal Loan?
Ans. The 100% online processing of personal loans by Indian Infoline Finance allows it to approve personal loan applications within 5 minutes. Post approval, the NBFC disburses the loan amount within 24 hours.
2. Can the applicants prepay the personal loan availed from IIFL?
Ans. Yes, the applicants can prepay the personal loan after 6 months of loan repayments without paying any prepayment charges.
3. Can my credit score impact the personal loan offered to me?
Ans. The credit score reflects an individual’s creditworthiness and is therefore considered by the lenders before approving loans. The applicants with credit score of 750 and above have higher chances of availing personal loans at lower interest rates.
4. How does IIFL Finance set the interest rates for its personal loan applicants?
Ans. IIFL Finance has not specified the factors affecting its personal loan interest rates. However, lenders usually set the interest rates for their personal loan applicants after factoring in their age, credit score, job profile, monthly income, employers’ profile, occupation profile, etc.