Personal Income: Monthly or Annual income affects personal loan interest rates in India
is the main factor. Lenders are more comfortable lending to individuals with higher monthly income,
which suggests that They will have enough money to repay the personal loan. The higher your income,
the more likely you are That the lender will provide you the lowest interest rate personal loan.
IIFL Finance customized personal loan to suit your capital needs with a hassle-free application process
prepared accordingly. This instant personal loan can fulfill most of your plans. IIFL Finance has the
best personal loan!
IIFL Personal Loan up to 1 lakh is designed to ensure that you get money back into your account
within a few hours amount will be transferred.
IIFL Loan is an essential mobile application for All India Infoline Finance Limited customers.
This app will help you to apply for loan and also have a complete view of all your existing loans
with us will provide. The application is designed to provide a convenient login process, easy navigation
and ease of use is designed for.
With IIFL Loans app, you can
– Apply for loan with us
– View loan details of all your existing loans with us ( Gold Loan, Business Loans, Home Loans)
– Give detailed statement of accounts
– Pay your Loan Outstanding
– View Transaction History
– Get loan offers on our various products
– Refer & Win
Features
1. Get loans ranging from INR 5,000 to INR 1,00,000
2. 100% online loan application process – Only few documents to be uploaded on the
application
3. Disbursal within 24 hours
4. Minimum APR (Annual Percentage Rate) is 22% and the Maximum APR
(Annual Percentage Rate) is 28%
5. Minimum Tenure is 3 months and Maximum Tenure is 12 months
6. Processing Fee is 2% – 4%
7. Get a higher loan on successful repayment
the selected tenure.
Example
Loan Amount: ₹20,000
Tenure:180 days (6 months)
Interest Charged: ₹ 1,426 (24% per annum)
Processing Fee: ₹236 (1% of Loan Amount – ₹200 + GST @18% – ₹36)
Amount Disbursed: ₹19,764
EMI Amount: ₹ 3,571
Loan amount is ₹ 20,000. Disbursed amount is ₹ 19,764. Total loan repayment amount is ₹ 21,426.
Indian citizen
Over 22 years of age
Stable work income
Wide range of loan lines
Loan term of up to 180 days
connections. All user information will be strictly encrypted, and we promise not to disclose any
personal privacy information of users to any third party.
Your evaluation of all information is solely your To be done by the users for personal loan eligibility.
It will never be used for other purposes.
You can easily take loan from this app, you can apply for loan amount as per your requirement,
You can apply for the loan accordingly. After knowing your eligibility, this app reduces the paperwork as
well as less documents so that you do not have any hassle in applying for the loan.