- IIFL Finance offers tailored personal loans to meet the urgent financial needs of the applicants.
- The lender offers instant digital approval making the financial journey easy and hassle-free.
- The loan is approved in just a few minutes.
- IIFL Finance offers transparency and flexibility with minimal documentation.
- The loan amount ranges from Rs. 5,000 to Rs. 5 lakh depending on the repayment capacity of the applicants.
- The loan proceeds can be used for wedding, vacation, travel, medical emergency, home renovation, etc.
IIFL Finance Personal Loan
Completely Online Process
Transparent and Flexible
Instant Loan Disbursal
Seamless and Stress-free

Completely Online Process
Transparent and Flexible
Instant Loan Disbursal
Seamless and Stress-free

Customer Rating
4.2/5
2839 Reviews
51M+Satisfied Customers
65+Lending Partners
800+Cities across India
Apply Personal Loan Online
Customer Rating
4.2/5
2839 Reviews
51M+Satisfied Customers
65+Lending Partners
800+Cities across India
Find Best Personal Loan Offers
HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max. Loan Amt.Upto ₹25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee₹ 6,500
Axis Bank
Low Processing fee
Max. Loan Amt.Upto ₹25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
Kotak Mahindra Bank
Lowest Income requirement100% Digital Process*
Max. Loan Amt.Upto ₹25L
Rate of Interest9.98% - 17.2%
Tenure upto1-5 Years
Processing Fee1.1% - 1.5%
Why Choose Paisabazaar?



Compare & Choose the Best Offer
Pre-approved Offers with Instant Disbursals
Know Your Chances of Approval
End-to-End Digital Process
How Can I Apply for a Personal Loan Online?
Get up to ₹40 Lakh in 5 Simple Steps
Step 1: Enter your mobile number in the application form
Step 2: Provide your personal details
Step 3: Enter OTP to verify your mobile number
Step 4: Select the loan purpose and loan amount
Step 5: Compare offers and apply for the best-suited loan
About IIFL Finance Personal Loan
IIFL Finance Personal Loan Interest Rate
The personal loan interest rates offered by IIFL Finance are mentioned below:
| Minimum Interest Rate | 12.75% p.a. |
| Maximum Interest Rate | 44% p.a. |
IIFL Finance Personal Loan Fees and Charges
| Particulars | Charges |
|---|---|
| Processing Fees | 2%-9% |
| Penal Charges | 24% p.a. |
| NACH/E-mandate bounce charges | Rs 500 |
| Bank swapping charges | Rs 500 |
Foreclosure Charges
| Loan Tenure (in months) | >=6 | >=12 | <=24 | >24 |
|---|---|---|---|---|
| 0-6 | 7% | 7% | 6% | 6% |
| 7-12 | NA | 6% | 6% | 6% |
| 13-18 | NA | NA | 5% | 5% |
| 19-24 | NA | NA | 3% | 3% |
| >24 | NA | NA | NA | 2% |
Types of IIFL Finance Personal Loan
Personal Loan for Women
Purpose: IIFL Finance Limited offers Personal Loan for Women to cater to the personal financial requirements of women.
Loan amount: Rs 5,000- Rs 5 lakh
Loan Tenure: 3 months- 42 months
Emergency Loan
Purpose: Individuals can avail Emergency Loan through IIFL Finance Limited to meet their financial requirements in case of an emergency.
Loan amount: Rs 5,000- Rs 5 lakh
Loan Tenure: 3 months- 42 months
Marriage Loan
Purpose: Consumers can avail Marriage Loan through IIFL Finance to meet their financial requirements for marriage related expenses.
Loan amount: Rs 5,000- Rs 5 lakh
Loan Tenure: 3 months- 42 months
Medical Loan
Purpose: The NBFC offers Medical Loan for meeting the financial requirements of the applicants in case of any medical emergency.
Loan amount: Rs 5,000- Rs 5 lakh
Loan Tenure: 3 months- 42 months
Agriculture Personal Loan
Purpose: IIFL Finance offers Agriculture Personal Loan to cater to the financial requirements of the applicant related to agriculture activities.
Personal Loan for Doctors
Purpose: Medical professionals can avail Personal Loan for Doctors through IIFL Finance to meet their financial requirements for various purposes such as wedding, travel, opening and expanding clinic, purchasing medical equipment, education, etc.
Loan amount: Rs 5,000- Rs 5 lakh
Loan Tenure: 3 months- 42 months
Personal Loan for Salaried Employees
Purpose: Salaried individuals can avail instant Personal Loan for Salaried through IIFL Finance to fulfil their financial needs.
Loan amount: Rs 5,000- Rs 5 lakh
Loan Tenure: 3 months- 42 months
Eligibility Criteria of IIFL Finance Personal Loan Applicants
The personal loan eligibility criteria set by IIFL Finance Limited for its personal loan applicants is mentioned below:
For Salaried Individuals:
For Self-employed Individuals:
For Medical Loan:
For Agriculture Personal Loan:
- The minimum age of the applicant at the time of loan application should be 18 years and the maximum age at the time of loan maturity should be 65 years.
- The applicant should be deriving a consistent income through agricultural activities.
Documents Required for Availing IIFL Personal Loan
ID and Address Proof:
Business and Income Proof
How Can I Apply for a Personal Loan Online?
Get up to ₹40 Lakh in 5 Simple Steps
Step 1: Enter your mobile number in the application form
Step 2: Provide your personal details
Step 3: Enter OTP to verify your mobile number
Step 4: Select the loan purpose and loan amount
Step 5: Compare offers and apply for the best-suited loan
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