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. 

Interest Rates and Charges

The IIFL Finance Personal Loan interest rates and other charges applicable are as listed below:

Interest rate

18% p.a. onwards

Processing fee

2% to 6% of the loan amount + GST

Convenience Fee


*Disclaimer: The interest rates and charges mentioned above are subject to change at the lender’s discretion.

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Features and Benefits

Attractive Loan Amount

Attractive Loan Amount

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

100% Digital

100% Digital

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

Instant Approval

Instant Approval

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

Easy Documentation

Easy Documentation

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

Collateral-free Loans

Collateral-free Loans

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

Quick Disbursal

Quick Disbursal

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

Eligibility Criteria and Documents Required

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 this, 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?

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.


Can students apply for IIFL Finance personal loan?

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:

  • Website: https://www.iifl.com/contact-us/raise-a-request

  • 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
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