Get a Personal Loan of up to ₹5 Lakhs at 18% p.a. on Bajaj Markets. Additionally, learn IIFL Finance Personal Loan key details, including the loan application process, eligibility, and
Apply for an IIFL Finance Personal Loan on Bajaj Markets and borrow up to ₹5 Lakhs instantly. You can benefit from interest rates starting as low as 18% p.a. and flexible repayment tenures ranging up to 42 months. Enjoy an easy application process, minimal documentation, rapid processing, and quick disbursal with these personal loans.
Here are the key highlights of a personal loan from IIFL Finance you should know before going ahead with the application process:
Particulars |
Details |
Interest Rate |
Starting at 18% p.a. |
Maximum Tenure |
42 months |
Minimum Loan Amount |
₹70,000 |
Maximum Loan Amount |
₹5,00,000 |
Disbursal Time |
Within 24 hours (on approval) |
*Disclaimer: The mentioned details are subject to change at the lender's discretion.
EMI calculation becomes easy and hassle-free with the help of the IIFL Finance Personal Loan calculator. Get instant values for the possible monthly instalments, total payable interest, and the total payable amount with the following IIFL Finance Personal Loan EMI Calculator:
These personal loans come with certain costs for processing the loan. Here are the fees and charges levied on an IIFL Finance Personal Loan:
Particulars |
Details |
Processing fee |
2% to 6% of the loan amount + GST |
Convenience Fee |
₹500 |
Document Charges |
Up to 3.5% of the loan amount + GST |
Penal Charges |
24% p.a. + GST |
NACH/E-Mandate Bounce Charges |
₹500 + GST |
*Disclaimer: The mentioned charges are subject to change at the lender's discretion.
Here are the IIFL Finance Personal Loan eligibility criteria you need to fulfil:
You must be a resident of India
You must fall under the age bracket of 19 to 60 years
If salaried, you must have a minimum monthly salary of ₹15,000
If self-employed, you must have a bank balance of at least ₹8,000
You must have a CIBIL score of at least 700 or above
In addition to the eligibility criteria, here are some documents you should keep handy to streamline the loan application process:
Selfie
PAN card
Address Proof: Any one of the following
Aadhaar card
Passport
Voter ID
Latest 6 months bank statement
Proof of Identity: PAN card and live selfie
Proof of Address: Aadhaar card
Bank statement of last 6 months
Note that the lender may ask you for additional documents if required.
If you want to apply for this loan on Bajaj Markets, simply follow the easy steps mentioned below:
Click on ‘Apply Now’
Enter your personal and professional details
Select ‘IIFL Finance’ from the list of lenders to proceed
Choose the required loan amount and repayment tenure
Submit the online application form
Your application will be verified, post which, an executive will reach out to you for further proceedings.
Applying for a personal loan through Bajaj Markets is easy due to its user-friendly approach. You can get IIFL Finance instant personal loans with minimum documents and at affordable interest rates.
Read MoreHere are some features and benefits you should know:
Read LessBorrow up to ₹5 Lakhs to fulfil all your financial needs
Apply for the loan at your convenience with the completely digitised application process
You can receive the required approval on your loan application within a few minutes
The simplified documentation process helps you avoid the hassles of submitting the paperwork physically
You are not required to submit any collateral to get this personal loan.
On approval, the loan amount shall be credited to your bank account within just 24 hours
You can use any of the contact options below to enquire about IIFL Finance products or schemes and provide feedback on their services:
Customer Care Number: 1860-267-3000, 7039-050-000 (Available from 9:30 AM to 6:00 PM, Closed on Saturdays, Sundays, and Public Holidays)
Web Address: https://www.iifl.com/
Email: reach@iifl.com
Raise an Online Request: https://www.iifl.com/contact-us/raise-a-request
Visit a Branch: You can also visit the nearest IIFL Finance branch for assistance
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Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.
No, only salaried individuals can apply for this loan.
The maximum amount a salaried person can get through this loan is ₹5 Lakhs. However, the amount offered to you depends on your eligibility.
Here are the eligibility criteria you need to fulfil to qualify for this loan:
You must be a resident of India
You must be between 19 and 60 years old
You must be a salaried individual with a monthly salary of at least ₹15,000
You can repay your loan through any of the given methods:
Online methods like Internet Banking
IIFL Loans Mobile App
Online wallets like Phone Pe, Google Pay, Paytm
Typically, the loan application is processed within a week. However, this may differ depending on your eligibility and document submission.
Yes, you can prepay your personal loan from IIFL Finance, however, you may be required to pay a small fee for using this facility.
You can reach out to IIFL Finance through any of the following points of contact:
Phone No: 1860 267 3000 or 7039 050 000
Address: IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, Thane Industrial Area, Wagle Estate, Thane - 400604