Personal Loan Interest Rates

Rates and Charges

IIFL Personal Loan offers attractive interest rates that ensure that your EMIs are affordable throughout the loan tenure. At IIFL, we do not believe in hidden charges that take customer by surprise and are transparent in our dealings.
  • Interest Rate

    16.5% - 32.5% p.a.


  • Loan Processing Charges

    PF - 2% - 4%  + GST

    ( min 750 for Loan <=25000, min 1000 for Loan > 25000)
  • Penal Charges, Late Payment Charges, Defaults Of Any Monies Payable

    2% Compounded Monthly


We will be charging you the following fees

  • Processing fee upto 2%
  • Late payment charges in case of default only
Was this helpful?

Late payment charges/bounce charges will be levied as per the rates and penalties mentioned in the sanction/welcome letter. We would hence recommend that you don’t default on EMI payments.

Was this helpful?

We happily accept prepayment of loans after 6 months of loan payments. We do not charge any prepayment fees.

Was this helpful?