Indifi Business Loan Interest Rates

Need quick financing to support your business operations? You can get an Indifi Business Loan at competitive interest rates starting from just 22% p.a. Certain key factors can affect your eligibility for the loan and affect the interest rate charged on your loan. Thus, it is essential to keep an eye on your credit score, business turnover, and repayment history when you apply for an Indifi Business Loan.

Here is the applicable interest rate and other details for an Indifi Business Loan:

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

Here are the applicable fees and charges for an Indifi Business Loan:

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

Understand the impact of potential EMIs, total interest payable, and overall repayment for an Indifi Business Loan. These details can help you choose the ideal tenure to suit your budget and business needs.

If you were to apply for an Indifi Business Loan of ₹30 Lakhs at an interest rate of 22% p.a. for a tenure of 12, 24, and 36 months, here’s the breakdown for 3 years:

Note: These are approximate values and are meant only for illustration. For actual EMI values, reach out to your lender.

Several factors determine the interest rates of your Indifi Business Loan:

CIBIL Score

Your credit score plays a crucial role in helping lenders determine your loan terms. A high score reflects better creditworthiness and may lead to lower interest rates. Meanwhile, a low score could result in higher rates.

Loan Amount

The amount you borrow influences the risk perceived by the lender. Higher loan amounts may come with higher interest rates. This makes it essential to borrow only what is required and ensure that the loan aligns with your repayment ability.

Repayment Tenure

Shorter repayment tenures typically attract lower interest rates as the lender’s risk exposure decreases. However, shorter tenures also come with higher EMIs. Choose a tenure that balances affordability and the overall borrowing cost.

Business Turnover

Lenders assess your business’s revenue to understand its financial stability. Higher turnover and consistent cash flow demonstrate reliability, improving the chances of getting low interest rates.

Credit History

A strong repayment history, showcasing timely EMI and credit card bill payments, helps build trust with lenders. This may result in more favourable interest rates for your Indifi Business Loan.

To apply for an Indifi Business Loan online on Bajaj Markets, follow the simple steps listed below:

• Select the 'Check Eligibility' option provided on this page

• Enter your personal details like name, mobile number, date of birth, and so on

• Choose 'Indifi' from the list of lenders provided in the drop down menu

• Select a loan amount and tenure as per your preference

• Check the details provided and submit the application

Your application will go through a verification process. Following this, the lender may reach out to you to further process your loan application.