IIFL Finance Limited Business Loan

IIFL Finance Limited | Business Loan | 25-Feb,2021

About IIFL Finance Limited: IIFL, or India Infoline as it is also known, is a Mumbai, India-based financial services company that was founded in 1995. IIFL primarily focuses on financial services, including mortgages and loans, and is considered one of the leading companies in this sector.

Detail: Maximum age of applicant: 58 years Minimum age of applicant: 23 years

Annual Percentage Rate (APR): 16.00%

Minimum & Maximum period for repayment (Loan Tenure): 12 months to 60 months

Loan processing charges: Up to 2% of the loan amount

Late Payment: --

Foreclosure Charges: --

Partpayment Charges: Not allowed

Maximum Loan Amount: Upto Rs. 35 Lakhs

IIFL Finance Limited Profile

Sector : Finance

Industry : Regional Banks

IIFL Holdings Limited was founded in 1995 by Nirmal Jain. IIFL offers a wide range of loan products, including home loans, business loans, gold loans, loans against property, financing for small and medium-sized enterprises, construction and development finance, capital market finance, and much more. Nirmal Jain currently serves as the Chairman of IIFL.

Know more

You will go on the Official website.

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Loan Type

IIFL Finance Limited ROI Max Loan Amount Tenure Processing Fee Late Payment Foreclosure Charges Partpayment Charges
Personal Loan 13% 25 Lakh 1 to 5 Years 2% Excluding GST Up to 6% After 6 Months Allowed, Between 7 to 12 Months – 5% to 6% and after 1 Year – Nil Not allowed
Home Loan 8.70% p.a. Contact the Bank Up to 20 years Up to 1.25% of the loan amount -- -- --
Car Loan 13.49% Up to Rs.25 lakh 1 to 5 Years Up to 2% of the loan amount plus GST -- -- --
Business Loan 16.00% Upto Rs. 35 Lakhs 12 months to 60 months Up to 2% of the loan amount -- -- Not allowed

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