Fund your next equipment purchase or any other business requirements with the help of IIFL Finance Business Loans on Bajaj Markets. Secure high loan amounts of up to ₹30 Lakhs at low interest rates starting from just 18% p.a. Furthermore, you can enjoy flexible repayment tenures of up to 5 years with these loans.
Here is a list of the interest rates and other fees charged on a business loan by IIFL Finance:
Interest Rate |
18% p.a. onwards |
Processing Fees |
2% to 6% of the loan amount + GST |
Convenience Fee |
₹500 |
*Disclaimer: The interest rates and charges mentioned are subject to constant change at the lender’s discretion.
Year | Principal | Interest | Balance |
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Here is how you can apply for this loan on Bajaj Markets:
Click on ‘Apply Now’ on this page
Enter your personal and business details
Select ‘IIFL Finance’ from the list of loan providers
Choose the required loan amount and the preferred tenure
Submit the application
After this, an executive will contact you to further process your application.
You can borrow amounts as high as ₹30 Lakhs with IIFL Finance loan. However, the amount offered to you will depend on your eligibility and the lender’s policies.
Fulfil the following IIFL Finance Business Loan eligibility criteria to secure the required amount:
Your age should be between 23 and 60 years
For loans of up to ₹2 Lakhs, you should have a CIBIL score of at least 675
For loans over ₹2 Lakhs, you must have a CIBIL score of 720 or above
Your business must have a minimum vintage of 1 year to be eligible for amounts of up to ₹5 Lakhs
Your business must have a vintage of at least 2 years to borrow amounts ranging between ₹5 Lakhs and ₹30 Lakhs
You must be an Indian citizen, residing in India
The interest rates charged on IIFL Finance business loans start from 18% p.a.
No. You don’t have to pledge any asset as collateral to get IIFL Finance business loan.
You can contact IIFL Finance Business Loan customer support through the following channels:
IIFL Finance Business Loan customer care number: 1865-267-3000, 7039-050-000
You can raise an online request at https://www.iifl.com/contact-us/raise-a-request
You can repay your loan through any of the following modes:
Net Banking
IIFL Loans Mobile app
Online wallets like Phone Pe, Google Pay, Paytm