IIFL Finance | Business Loans

Business aapka.
Loan humaara.

Low interest
rates
No collateral
needed
Paperless
process

SEEDHI BAAT ‌ ‌

Tamanna bhatia

Apply For Business Loan

By clicking on Apply Now button on the page, you authorize IIFL & its representatives to inform you about various products, offers and services provided by IIFL through any mode including telephone calls, SMS, letters, whatsapp etc.You confirm that laws in relation to unsolicited communication referred in 'National Do Not Call Registry' as laid down by 'Telecom Regulatory Authority of India' will not be applicable for such information/communication.

terms_and_condition I accept the Terms and Conditions

Benefits of IIFL Finance Business Loan

Loans up to ₹30 Lakh
with No Collateral

100% Digital
Process

Quick Loan
Approval

Interest Rate at
12.75% - 33.75% p.a.

Flexible Loan Tenure
12 months - 60 months

Steps to take loan

With IIFL Finance business loans, take your business to new heights. Perfect for MSMEs with small financial needs, the online business loan processing is completely digital with no paperwork.

Fill the online
application form

Submit your bank statements and other business documents

Upload KYC
documents

Loan is
disbursed

Business Loan Details

Eligibility

Features	Business Loan up to ₹10 Lakh	Business Loan up to ₹30 Lakh
Loan Amount	₹10,000 - ₹10 Lakh	₹10 Lakh - ₹30 Lakh
Loan Tenure	12 months - 60 months	12 months - 60 months
Business Vintage	Minimum 2 Years	Minimum 2 Years
Age	23 - 65 Years	23 Years - 65 Years
Type of Business	Proprietorship	Proprietorship
Type of bank account	Current Account / Savings Account	Current Account / Savings Account

Apply Now

Documentation

Business Loan up to ₹10 Lakh	Business Loan up to ₹30 Lakh
PAN Card (Individual)	PAN Card (Individual)
Aadhaar Card (Individual)	Aadhaar Card (Individual)
Business Vintage Proof (Minimum 2 Years)	Business Vintage Proof (Minimum 2 Years)
Minimum 06 Months (CA/SA) Bank Statement	Minimum 12 Months (CA/SA) Bank Statement
	GST with Minimum 2 Years vintage

Apply Now

Process

Click the ‘Apply Now’ button

Fill in your Personal Details (mobile number, email address)

Approval of Loan

Upload KYC documents

Disbursement of Loan

Apply Now

Rates and Charges

Features	Business Loan up to ₹10 Lakh	Business Loan up to ₹30 Lakh
Rate of Interest	12.75% - 33.75% p.a.	12.75% - 33.75% p.a.
Loan Processing Charges	2% - 4%	2% - 4%

EMI Calculator

Business Loan Calculator

Enter Loan Amount

10000 3000000

Loan To Repay (Tenure)

Months

12 Months 60 Months

Interest Rate

% p.a.

12.75% 33.75%

Total Payment 8,00,000

Interest Payable 2,16,000

Apply Now

Testimonials

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

Why IIFL FINANCE

IIFL Finance is one of India’s leading financial services firms that has been serving over ₹60 lakh customers for 25 Years. As per market capitalization, IIFL Finance is ranked as the top independent financial services provider known for its customised and business-oriented credit products. With IIFL’s business loans, you are sure to get the required capital for your business at an industry-best interest rate, along with pre and post disbursement support.

Our Story
in Numbers

ASSETS UNDER
MANAGEMENT^#

₹46,780 Cr

HAPPY
EMPLOYEES

25,908

TOTAL INCOME
Q3FY22

₹1071 Cr

CREDIT RATING
BY CRISIL^#

AA Stable

^# As on December 31, 2021

FAQs

How much can I borrow as a business loan?

You can get a business loan up to Rs 30 lakhs from IIFL Finance by completing easy-to-meet eligibility criteria and following simple steps online.

What should I do to avail an SME loan from IIFL Finance?

To avail of the loan, simply click the 'Apply Now' button on the banner above. You have to provide your personal details and upload the required documents to get the business loan disbursed. Alternatively, you can give a missed call on 7039-050-000 to consult a financial expert to help you get the business loan.

Who can apply for a business loan from IIFL Finance?

Only Proprietorship firms can apply for a business loan from IIFL Finance. All business loan applicants are required to fulfil the above-mentioned IIFL business loan eligibility criteria before submitting the relevant documents for business loan disbursement.

What is the minimum CIBIL score required for a business loan from IIFL Finance?

IIFL Finance considers a CIBIL score of 700 & above is preferable to find the applicant eligible for a business loan. Furthermore, a strong financial history and submission of all the relevant documents are also contributing factors towards a strong business loan application.

What are the rates and charges that come with an IIFL Finance business loan?

The interest rate for an IIFL business loan is between 12.75% - 33.75% per annum. However, there are numerous other charges/fees you will have to pay for taking an IIFL Finance business loan. You can find a detailed list of all the rates and charges in the ‘Rates and Charges’ column given under the ‘IIFL Finance Business Loan Key Features’.

Show More Show Less

6 Million+ Happy Customers!

Apply For Business Loan

Apply Instant Business Loan

Apply Now

100% Digital Process
Quick Loan Approval
Get Quick Loan Disbursal
Loan up to ₹30 Lakhs

Apply Now