IIFL Personal Loan

Personal Loan at 10.75% p.a

Apply & Get Instant Approval

IIFL Personal Loan Features

IIFL Personal Loan Eligibility Criteria Details
IIFL Personal Loan Interest Rate 9.75% p.a.
IIFL Personal Loan Lowest EMI per lakh Rs 2112
IIFL Personal Loan Tenure 12 to 60 months
IIFL Personal Loan Processing Fee 1% to 2% of Loan Amount
IIFL Personal Loan Prepayment Charges Allowed after 12 Months (2 – 4 %)
IIFL Personal Loan Part Payment Charges Allowed after 12 Months (2 – 4 %) 
IIFL Personal Loan Min Loan Amt ₹ 50,000
IIFL Personal Loan Max Loan Amt ₹ 75 Lakh

About IIFL Personal Loan

A IIFL Finance (India Infoline Finance Ltd.) is a systemically important non-banking finance and non-deposit accepting company. The Company was incorporated in 2004 as India Infoline Investment Services Private Limited and converted into a Public Limited Company in 2007. To make your dreams come true avail the IIFL Personal Loan now.

What is IIFL Personal Loan?

A IIFL personal loan can fulfil all your dreams; you don’t have to worry about all the problems alone. Banker closely looks at your salary slips, CIBIL score, job location, and based on these things; they will sanction you the loan quickly and smoothly without any delay. A personal loan is a solution to your problem. Fulfil your dreams through IIFL personal loan and avail the loan amount now.

Why IIFL Personal Loan?

  1. First of all, the documentation criteria in the personal loan are straightforward
  2. In the second place, an applicant applying for a personal loan can know his/her ability in just 1 minute, across all branches.
  3. In addition, the interest rates for personal loans are highly competitive.
  4. Besides, the interest rates are affordable and flexible
  5. As well as, the processing fee is very low, and there are no hidden charges.
  6. Furthermore, the loan amount gets disbursed within two days.
  7. Moreover, there are special interest rates for women.

IIFL Personal Loan Documents

Simple and easy documentation for IIFL Personal Loan (though documentation varies from individual to individual). The document requirement is based on your profession, income and loan requirement.

  1. Identity proof: As a verification document, one should especially require one among the following: (Passport/Id card/voter card/driving license/Aadhar Card) any one of them.
  2. Residence proof: The documents required as proof of residence are: (Passport/Id card/voter card/driving license/Ration Card/Aadhar Card).  And the applicant living in a rented apartment, then he has to submit his rental agreement, electricity bill on his name and the address of the owner.
  3. KYC formality: The applicant has to provide his PAN card which is an important document
  4. Salaried applicant: One has to submit his bank statements of the last six months and the salary slip of the last three months.
  5. Self-employed Applicant: The person applying for a personal loan should file ITR for the last three years, and the business should be registered.
  6. And if the applicant is self-employed, then they have to submit the ITR of the last three years and his business should be registered.
  7. Two colored passport size photos. (Applicant should not be wearing glasses)

IIFL Personal Loan Eligibility

Not everyone can apply for personal loan, an applicant have to follow some eligibility criteria based on which bank approves the applicant’s request. There are two categories of applicants:

  1. Salaried
  2. Self-employed

There are various eligibility criteria for both applicants.

Salaried Applicant:

  1. The minimum required age of an applicant must be between 21 years to 60 years.
  2. A metropolitan city borrower should have a minimum income of Rs 18,000. And for non-metropolitan city, the minimum salary should be Rs 12,000.
  3. The work experience of the borrower should be of three years, and the salary should be received in their account only.
  4. A person applying for the personal loan should have a good credit history.

Self-employed Applicant:

  1. The required age of a self-employed person should be of 25 years.
  2. The person should file ITR for the last three years, applying for a personal loan.
  3. An applicant must have a good credit score must, and there should not be any debt left due.
  4. The minimum amount should be of Rs 2.5 lakhs per annum at least.
  5. The business should be running for at least from last three years, if the applicant own a business.

Why LoanNow?

There are multiple portals from where you can get better options of Personal Loan but LoanNow.in offers you a complete and easy guideline. LoanNow.in is an unbiased comparison platform for banking related products. Alongside influencing your procedure to free from documentation bothers, we also offer satisfactory assistance regarding banking. We understand the value of your needs and likewise recommend plans. We endeavor to make your money related arranging as simple and fair as possible.

* Interest rate can vary as per individual’s portfolio.
* All loans repayment period are over 6 months. No short term loans.
* We don’t charge the individual for the process.
* Credit at sole discretion of the Banks we have a tie-up with.

Gold Loan Interest Rate of Major Banks

Bank

 Interest Rates

HDFC Bank Gold Loan

7.25% – 14.50%

ICICI Gold Loan

7.25% – 16.10%
Muthoot Finance Gold Loan

7.25% – 24.00%

Axis Bank Gold Loan

7.25% – 17.00%
Manappuram Gold Loan

7.25% – 26.00%

Yes Bank Gold Loan

7.25% – 15.99%
Bank of India Gold Loan

7.25% – 26.00%

Federal Bank Gold Loan 

7.25% – 13.50%
IIFL Gold Loan

7.25% – 12.00%

Central Bank of India Gold Loan

7.25% – 14.65%

Canara Bank Gold Loan

7.25% – 12.65%

Allahabad Bank Gold Loan

7.25% – 10.45%

Induslnd Bank Gold Loan

7.25% – 15.75%
PNB Gold Loan

7.25% – 11.75%

Bajaj Finance Gold Loan

7.25% – 26%
SBI Gold Loan

7.25% – 15.99%

Indian Bank Gold Loan

7.25% – 15.99%
UCO Bank Gold Loan

7.25% – 26.00%

Kotak Mahindra Bank Gold Loan

7.25% – 13.50%
Syndicate Bank Gold Loan

7.25% – 12.00%