IIFL Business Loan IIFL Business Loan: In this article, we will provide you with information about business loans from IIFL Finance.

If you are thinking of starting a new business or are thinking of expanding your business and you are short of money, then you can join with IIFL Finance’s business loan.

now time IIFL Business Loan Interest Rate 11.25% p.a. starts from Under this loan, you can get a loan of up to Rs.30 lakh. You can take this loan for a loan tenure of up to 5 years.

You can avail IIFL Business Loan to expand your business, start a new business or meet any kind of expenses related to your business.

IIFL Business Loan

IIFL business loan is of both types Secured & Unsecured loan. The lender checks the CIBIL Score of the customer before giving the business loan.

The better your credit score and if you fulfill all the conditions of IIFL Finance Business loan, then you can avail the loan with attractive Business loan interest rate.

You do not have to pledge any collateral to avail this loan. IIFL Business Loan You can apply for both online and offline.

You can calculate your loan EMI with the help of IIFL Business Loan Calculator by visiting the official website of the lender so that you can know about the installment to be given at the time of payment.

HIGHLIGHTS:

loan name	IIFL Business Loan 2022
lender	IIFL Finance
processing charge	2% – 4% + GST ​​(Additional fee up to Rs.500 will be charged as convenience fee)
Rate of interest	Starting at 11.25% p.a.
loan amount	up to Rs.30 lakh
loan tenure	up to 5 years
official website	www.iifl.com

IIFL Business loan rate of interest 2022

in present time IIFL Business Loan Interest Rate 11.25% p.a. starts from. If your credit score is very good and you fulfill all the conditions of this business loan, then you can get the loan at a low interest rate.

IIFL Business Loan Benefits and Features

• If you are thinking of starting your new business or want to expand your business or to meet any expenses related to your business, you IIFL Business Loan can take.
• You do not need to provide any collateral or security to avail this business loan.
• If your loan is approved, then the loan amount is transferred to you in just 48 hours.
• You can avail the benefits of this loan completely online without visiting any branch of IIFL Finance.
• You should calculate the EMI of your loan with the help of a business loan calculator, which makes it easy for you to find out how many installments you will have to pay.

IIFL Business Loan Eligibility

• Any salaried or self-employed person can apply for this loan.
• Partnership Firms, Sole Proprietorship Firms, Private Limited Companies involved in the business of Manufacturing, Trading and Services are eligible for this loan.
• The firm should be in business for a minimum period of 3 years.
• You must have a good credit history.
• You should have all the necessary documents with you.

IIFL Business Loan Documents required

Documents for 10 Lakh:

• KYC Documents – Identity proof and address proof of the borrower and all co-borrowers.
• Last 6 months bank statement of main operating business account (preferable 12 months to avail maximum loan amount).
• Additional documents may be required for credit assessment and processing of loan request.
• PAN card of the borrower and all co-borrowers.
• Signed copy of the Standard Terms (Term Loan Facility).

Documents for 30 lakhs:

• KYC Documents – Identity proof and address proof of the borrower and all co-borrowers.
• Last 12 months bank statement of the main operating business account.
• Additional documents may be required for credit assessment and processing of loan request.
• PAN card of the borrower and all co-borrowers.
• Signed copy of the Standard Terms (Term Loan Facility).
• GST Registration (GST Registration).

How to apply for IIFL Business Loan?

Follow the steps given below to apply:

IIFL Business Loan Apply Online

• To apply online, you must first visit the official website of IIFL Finance.

• on the home page of the website business loan An option will appear, click on it.
• After clicking, all the information related to business loan will appear in front of you.
• You have to read this complete information correctly.
• To apply, click on the option of Apply Now.
• The form will open in front of you in a pop-up window.
• In this, you have to enter your name and mobile number and click on the option of Apply Now.
• After you submit the form, IIFL Finance officials will get in touch with you and the loan process will be continued.

Apply for IIFL Business Loan Offline

• To apply offline, you must first visit your nearest IIFL Finance branch.
• Visit the branch and contact the branch staff who will provide you complete information about the business loan.
• Then will verify your documents.
• You have to fill a form and attach the documents with it and submit it there.
• If your loan is approved, the loan amount will be transferred to your bank account.

IIFL Finance Business loan Charges

processing charge	2% – 4% + GST ​​(Additional fee up to Rs.500 will be charged as convenience fee)
Check/ACH Return Fee	Rs 500 + GST ​​per instance
Check/ACH Swapping Fee Duplicate No-Due Certificate	Rs 500 + GST ​​per instance
Duplicate Statement / Amortization / Repayment Schedule / Settlement / Sanction Letter	Rs 200 + GST ​​per instance
penal interest	24% per annum
Prepayment / Foreclosure (EMI repayment of 01-06 months)	7% + GST
Prepayment / Foreclosure (07-24 months of EMI repayment)	5% + GST
Prepayment / Foreclosure (beyond 24 months of EMI repayment)	4% + GST
debt cancellation	Interest will be charged for the interim period between the date of disbursement and the date of cancellation of the loan
Any other charges on case to case basis	on real

IIFL Business Loan Contact Number

conclusion

Friends, in this article we have given you IIFL Finance Business loan Complete information about has been provided. Any person who wants to start his business or to meet any kind of expenses related to his business can take advantage of this loan.

If you are facing any problem in taking the loan or you want to get other information about this loan, then you can get information by calling the IIFL Business Loan Customer Care Number or you can write to us in the comment section.

FAQ: