Paisabazaar Logo - Compare loans and credit cards

IIFL Finance Personal Loan

IIFL Finance Limited offers personal loans to its applicants to meet their personal financial requirements such as wedding, travel, medical emergency, home renovation, etc. The lender offers personal loans at interest rates ranging from 12.75% to 44% p.a. for loan tenure of up to 42 months. Applicants can avail loan amounts of up to Rs 5 lakh through IIFLFinance. The NBFC offers personal loans with loan approval within 5 minutes of submission of loan application and loan disbursal within 24 hours of loan approval.
iconicon
Get Cashback of ₹1,000* on Loan Disbursal
Valid till 31st March '26*T&C Apply
Instant Personal Loan

Get up to ₹50 Lakhs starting at 9.98%

google-play-icon

Google Play Store

4.5/5

15.5L Reviews

5.7cr+Satisfied Customers
65+Lending Partners
₹65k Cr+Loans Disbursed
Icon image of Completely Online Process

Completely Online Process

Curated offers from 30+ lenders

Icon image of Transparent and Flexible

Transparent and Flexible

Money in your account instantly

Icon image of Instant Loan Disbursal

Instant Loan Disbursal

Offers ranked according to eligibility

Icon image of Seamless and Stress-free

Seamless and Stress-free

Hassle-free & paperless

Find Best Personal Loan Offers

Sort by:

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
ICICI Bank
100% Digital Process*Quick Disbursal
Max Loan Amt.Upto ₹25L
Rate of Interest11% - 13%
Tenure upto1-5 Years
Processing FeeUpto 2%
Axis Bank
Low Processing fee
Max Loan Amt.Upto ₹25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%

Quick Links

Why Choose Paisabazaar?
image of Compare & Choose the <strong>Best Offer</strong>

Compare & Choose the Best Offer

image of Pre-approved Offers with <strong>Instant Disbursals</strong>

Pre-approved Offers with Instant Disbursals

image of Know Your <strong>Chances of Approval</strong>

Know Your Chances of Approval

image of End-to-End <strong>Digital Process</strong>

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 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 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

Avail Personal Loan for
All Your Needs

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:

  • Minimum age of the applicant at the time of loan application should be 23 years and the maximum age of the applicant at the time of loan maturity should be 58 years.
  • Individuals having minimum monthly income of Rs 25,000 are eligible for IIFL Finance Personal Loan.
  • Applicant should have a minimum work experience of 2 years with an experience of 1 year in the current organisation.
  • Applicants having a minimum CIBIL Score of 700 have higher chances of availing personal loan through IIFL Finance at lower interest rates.

For Self-employed Individuals:

  • Minimum age of the applicant should be 25 years at the time of loan application whereas maximum age at the time of loan maturity should be 65 years.
  • Applicant should display business vintage of atleast 3 years.
  • Applicant should have a minimum annual income of Rs 5 lakh.

For Medical Loan:

  • The age of the eligible applicant should be between 23 to 65 years.
  • Applicant should have a minimum CIBIL score of 750 or above.
  • Eligible applicant should be salaried or self-employed individual.
  • The minimum monthly income of the applicant should be Rs 22,000.

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:

  • PAN card
  • Aadhar card
  • Passport
  • Voter ID
  • Salary slip for last 3 months
  • Bank statement for last 6 months

Business and Income Proof

  • ITR for last 2 years with income computation
  • Bank statement for last 1 year
  • Proof of business registration

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

Explore Our Personal Loan Lenders

HDFC BANKHDFC BANKAxis BankAxis BankKotak Mahindra BankKotak Mahindra BankICICI BankICICI BankFederal BankFederal BankIDFC First BankIDFC First BankIndusind BankIndusind BankRBL BankRBL BankTata CapitalTata Capital
View All Partners

Avail Personal Loan for
All Your Needs

FAQs

IIFL Finance offers personal loan to applicants having a minimum CIBIL score of  700.

Salaried and self-employed individuals having a minimum CIBIL score of 700 and a minimum income of Rs 25,000 per month and Rs 5 lakh per annum respectively are eligible for IIFL Finance Personal Loan.

IIFL Finance personal loan interest rates range from 12.75% to 44% p.a. depending on the credit profile of the applicant.

Salaried employees should have a minimum monthly income of Rs 25,000 and self-employed individuals should have a minimum income of Rs 5 lakh per annum to be eligible for availing IIFL Finance Personal Loan.

An individual can avail a minimum personal loan amount of Rs 5,000 through IIFL Finance.

Personal Loan Articles

Importance of No Dues Certificate in Personal Loan Closure - Article image

Importance of No Dues Certificate in Personal Loan Closure

icon image of Paisabazaar
Paisabazaar02 Sept 2025
Loan rejected despite high income? Here’s what you need to know - Article image

Loan rejected despite high income? Here’s what you need to know

icon image of Paisabazaar
Paisabazaar19 Aug 2025
Personal Loan for First Time Borrowers: What Customers Must Know - Article image

Personal Loan for First Time Borrowers: What Customers Must Know

icon image of Paisabazaar
Paisabazaar04 Aug 2025
How I Saved Rs 22,000 on My Personal Loan through Prepayment - Article image

How I Saved Rs 22,000 on My Personal Loan through Prepayment

icon image of Bhumika Khandelwal
Bhumika Khandelwal31 Jul 2025
How Have Personal Loans Advanced Over the Past few Years - Article image

How Have Personal Loans Advanced Over the Past few Years

icon image of Paisabazaar
Paisabazaar17 Jul 2025
Factors To Consider While Selecting a Personal Loan Lender - Article image

Factors To Consider While Selecting a Personal Loan Lender

icon image of Paisabazaar
Paisabazaar16 Jul 2025
Instant Personal Loan Apps: Avoid These 5 Pitfalls - Article image

Instant Personal Loan Apps: Avoid These 5 Pitfalls

icon image of Bhumika Khandelwal
Bhumika Khandelwal16 Jul 2025
Reasons for Delay in Personal Loan Processing - Article image

Reasons for Delay in Personal Loan Processing

icon image of Paisabazaar
Paisabazaar09 Jul 2025
APR vs Interest Rate in Personal Loans: What’s the Difference? - Article image

APR vs Interest Rate in Personal Loans: What’s the Difference?

icon image of Bhumika Khandelwal
Bhumika Khandelwal07 Jul 2025
Tips to Choose an Ideal Personal Loan Tenure - Article image

Tips to Choose an Ideal Personal Loan Tenure

icon image of Paisabazaar
Paisabazaar07 Jul 2025
View All Articles
quotes icon

What our customers say

My Trust in Paisabazaar has Increased

I would like to take a moment to share my sincere feedback regarding the support I received from your team. The executive who assisted me was extremely professional, polite, and knowledgeable. They patiently understood my concern, explained the process clearly, and guided me step by step toward the right solution. I truly appreciate the transparency, timely responses, and genuine effort shown to help me.

icon image of avatar
Lalit MaviFeb 12, 2026

Best Place for Taking Loans

I contacted customer care with a few queries, and I am very satisfied with the support I received. The representative was polite, patient, and explained everything clearly. My questions were resolved properly, and the overall experience was smooth and helpful. Thank you for the excellent customer service

icon image of avatar
Kokil BarnwalFeb 12, 2026

Apne higher education ke liye loan liya tha

Muhje higher education ke liye loan chahiye tha. Paisabazaar pe apply kiya. Got it at the right time. Quite helpful.

icon image of avatar
Puja DanuJan 22, 2026

Sabse jada helpful log the yaha

Maine bht jagah try kiya tha personal loan ka, yaha try kiya toh helpful log mille. Har steps mai aram se samjhaya or usse muhje loan lene mai jda dikkat nhi aayi.

icon image of avatar
Anuradha GuptaJan 21, 2026

Best Advisor for Personal Loan

I would like to share my feedback regarding my recent interaction with Mr. Vipin Singh (employee id EW12967) After discussing the financial matters with him, I felt very satisfied with his approach and professionalism. He explained everything clearly, handled the discussion patiently, and ensured that all concerns were addressed effectively. His communication skills, positive attitude, and dedication towards his responsibilities truly reflect his commitment to the organization.

icon image of avatar
20th Jan 2026Jan 20, 2026

Meri shaddi thi

Shadi mai bht kharche hote hai. Maine shaddi ke liye personal loan paisabazaar se liya tha. Process smooth tha or interest bhi sahi milla.

icon image of avatar
Sadia KhatunJan 15, 2026

Perfect for Loan Solutions

Recently I had a conversation with Mr. Harsh ji. Thanks Mr. Harsh ji for providing a better solution in a very short period of time with very nice behaviour. Thank You very much.

icon image of avatar
Amit ChahalJan 15, 2026

Travel ke liye personal loan liya tha

Mai bohot din se out of India ghumne jana chahti thi lekin jab jane ka time mila toh budget kaam padh raha tha, Paisabazaar se personal loan leke bht acha trip kiya. Maza agaya. Mere upar koi burden bhi nhi padha

icon image of avatar
Tarini RoyJan 14, 2026

Easy personal loan available

Took personal loan. Good experience.

icon image of avatar
Ruchika TiwariJan 14, 2026

Stress-free Laon Borrowing Process

There was a complication with my KYC verification. Paisabazaar’s Shazeb handled it swiftly and professionally. He ensured that I received regular updates, explained the resolution steps clearly, and most importantly, resolved the issue quickly. His prompt assistance and communication made the entire experience smooth and stress-free. Thanks to his efforts, the loan process was completed without further delays.

icon image of avatar
Abhishek ThakuraJan 14, 2026
View All Testimonials
Vandana Punj profile
Written ByLinkedIn icon
Vandana Punj
Shamik Ghosh profile
Reviewed ByLinkedIn icon
Shamik Ghosh

Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners

*Applicable for selected customers

Knapsack with coins

Check Best Personal Loan Offers
with Quick Disbursal

Scroll to top