Business Loan
Business loans are vital for entrepreneurs looking to kickstart or expand their businesses. IIFL Finance’s range of financial products has continually innovated to cater to businesses that seek funds. IIFL Finance’s small business loan is designed to fulfil capital requirements for small and medium enterprises. The MSME business loan is a comprehensive product that offers quick funds to help you grow your small business and invest in vital infrastructure, machinery, plants, operations, advertising, marketing etc.
IIFL Finance’s online business loan is the ideal loan for a new business as a source of capital for all your business needs. The business loan interest rate is attractive and affordable to ensure you do not have to cut down on essential expenses of your business. Through extensive market research, the instant business loan process is tailored to ensure that it is at par with being the best business loan in India.
Apply for an instant business loan from IIFL Finance today and watch your business soar to new heights of success!
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to 90197 02184

IIFL Finance Business Loan Features
Business Loan Rates and Charges
IIFL Finance’s loan rates and charges do not restrict you from investing the desired amount in your business. With an attractive business loan interest rate, your monthly EMIs are absolutely affordable. Furthermore, IIFL Finance’s instant business loan comes with utmost transparency and no hidden costs. The MSME loan details are presented at the time of application to ensure you do not pay anything over the communicated rates and charges.
Business Loan Upto | ₹ 30 Lakhs |
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Rate of Interest | 12.75% - 44% Per Annum |
Processing Fee | 2% to 6% + GST* (Additional Upto ₹500 will be charged as Convenience Fees). |
Cheque / ACH Return Charges | ₹ 500/ + GST* |
Business Loan Eligibility Criteria
An applicant for a business loan must meet certain conditions to be eligible. These relate to the operational vintage of the business enterprise and the applicant's own borrowing history. Here are a few such conditions.
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The business should be operating for at least two years at the time of applying for a loan.
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Self-employed people, professionals such as doctors and CAs, and proprietorship concerns can also apply.
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Charitable organisations, NGOs, and trusts are not eligible for a business loan.
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The applicant should have a credit score, or CIBIL, score of 675 and above.
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The business should not fall under any list of blacklisted businesses.
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The office location should not be on any negative list.
IIFL Business Loan
What are the documents required for business loan?
Here are the documents Proprietorship, Partnership and Pvt. Ltd/ LLP /One Person Company will need to submit to complete the application
Accepted documents:
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Documents for 30 Lakhs
- KYC documents – Identity proof and address proof of the borrower and all co-borrowers
- PAN Card of borrower and all co-borrowers
- Last (6-12 Months) months bank statement of main operative business account
- Signed copy of standard terms (term loan facility)
- Additional document(s) may be required for credit assessment and processing of loan request
- GST Registration.
- Previous 12 months’ bank statements
- Proof of business registration
- PAN Card and Aadhar Card copy of the Proprietor(s).
- Deed copy and company PAN Card copy in the case of partnerships
Business Loan Application Process
The business loan application process typically involves submitting the application, providing financial and business information, and performing a credit check. Keep your documents handy, such as tax returns, financial statements, and a business plan. You may also need to furnish additional information before approval. Once the loan is approved, you need to sign a loan agreement.
The business loan application process is as follows.
6 Million + Happy Customers
I am thankful to IIFL for fulfilling my finance requirement at the right moment. IIFL provided me with every detail of the loan through timely SMSes.

Savaliya Jitendrabhai Vinubhai
We are enjoy a delightful relationship with IIFL. We have found it extremely smooth and easy to get any information regarding our loans from them. Their processes are well-defined and loans are disbursed within agreed timelines. There is complete co-operation from the entire team and we look forward to borrow more from IIFL in the future.

Rajesh Maheshwari
Customer Support
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