Here is all you need to know about IIFL Finance Business Loan
✓Minimal Documentation ✓Flexible Repayment ✓Collateral Free Loan | Apply for Business Loan Now!
Fund your next equipment purchase or any other business requirements with the help of IIFL Finance Business Loans on Bajaj Markets. Secure a high loan amount of up to ₹30 Lakhs at low interest rates starting from just 16.50% p.a. Furthermore, you can enjoy flexible repayment tenures of up to 4 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 |
16.50% 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.
Features and Benefits
High Loan Amount
Get up to ₹30 Lakhs with this business loan and meet all your financial needs
Affordable Interest Rates
Benefit from interest rates starting as low as 16.50% p.a.
Online and Paperless
Complete all the application formalities without the need to step out of your home or office through the online process
Quick Disbursal
The amount may be credited to your account within 48 hours, post approval
No Collateral Needed
Get a business loan without having to submit any collateral
How to Apply?
Here is how you can apply for this loan on Bajaj Markets:
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Click on ‘Apply Now’ on this page
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Enter your personal and business details
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Select ‘IIFL Finance’ from the list of loan providers
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Choose the required loan amount and the preferred tenure
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Submit the application
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After this, an executive will contact you to further process your application.
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.
FAQs
What is the maximum amount one can get with IIFL Finance business loan?
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.
Who is eligible for a business loan from IIFL Finance?
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
What is the rate of interest charged on IIFL Finance business loans?
The interest rates charged on IIFL Finance business loans start from 16.50% p.a.
Do I have to pledge any security or collateral to get a IIFL Finance business loan?
No. You don’t have to pledge any asset as collateral to get IIFL Finance business loan.
How to get in touch with the IIFL Finance Business Loan Customer Care team?
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
How to repay IIFL Finance business loan?
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
