Avail Instant Personal Loans ✓ Loan up to 50 Lakhs ✓ Quick Disbursal ✓ Minimum Documentation! Check Eligibility

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.

IIFL Finance Personal Loan Highlights

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.

IIFL Finance Personal Loan EMI Calculator

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:

Loan Amount
Tenure
Months
Rate of Interest
Personal Loan
Your Monthly Personal Loan EMI
Principal Amount
Total Interest
Total Amount Payable
Amortization Schedule
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Year Payable Amount Principal Interest Balance

IIFL Finance Personal Loan Other Fees and Charges

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.

Eligibility Criteria for IIFL Finance Personal Loan

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

Documents Required for IIFL Finance Personal Loan

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

    1. Aadhaar card

    2. Passport

    3. 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.

How to Apply for IIFL Finance Personal Loan on Bajaj Markets

If you want to apply for this loan on Bajaj Markets, simply follow the easy steps mentioned below:

  1. Click on ‘Apply Now’

  2. Enter your personal and professional details

  3. Select ‘IIFL Finance’ from the list of lenders to proceed

  4. Choose the required loan amount and repayment tenure

  5. Submit the online application form

Your application will be verified, post which, an executive will reach out to you for further proceedings.

Why opt for IIFL Finance Personal Loan via Bajaj Markets

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. 

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Here are some features and benefits you should know:

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Attractive Loan Amount

Borrow up to ₹5 Lakhs to fulfil all your financial needs

100% Digital

Apply for the loan at your convenience with the completely digitised application process

Instant Approval

You can receive the required approval on your loan application within a few minutes

Easy Documentation

The simplified documentation process helps you avoid the hassles of submitting the paperwork physically

Collateral-free Loans

You are not required to submit any collateral to get this personal loan.

Quick Disbursal

On approval, the loan amount shall be credited to your bank account within just 24 hours

IIFL Finance Personal Loan Customer Care Details

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

Disclaimer

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.

Frequently Asked Questions

Can students apply for IIFL Finance personal loans?

No, only salaried individuals can apply for this loan.

What is the maximum IIFL Finance personal loan a salaried person can get?

The maximum amount a salaried person can get through this loan is ₹5 Lakhs. However, the amount offered to you depends on your eligibility.

Who is eligible for a personal loan from IIFL Finance?

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

How to repay my IIFL Finance Personal Loan?

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

How long does it take to get a personal loan from IIFL Finance?

Typically, the loan application is processed within a week. However, this may differ depending on your eligibility and document submission.

Can I prepay my IIFL Finance Personal Loan?

Yes, you can prepay your personal loan from IIFL Finance, however, you may be required to pay a small fee for using this facility.

How can I contact IIFL Finance’s customer care team?

You can reach out to IIFL Finance through any of the following points of contact:

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