IIFL Loans
By IIFL
IIFL Loans is a must have cellular utility for all India Infoline Finance Limited clients. This app will allow you to apply for loans and also provide a complete view of all of your current loans with us. The Application has been designed to supply a convenient login course of , easy navigation and ease of usage.
With IIFL Loans app, you can
- Apply for loan with us
- View mortgage particulars of all of your current loans with us ( Gold Loan, Business Loans, Home Loans)
- Give detailed assertion of accounts
- Pay your Loan Outstanding
- View Transaction History
- Get mortgage provides on our varied products
- Refer Win
Product Features for Personal Loan
1. Get loans ranging from INR 5,000 to INR 1,00,000
2. one hundred pc on-line loan application course of - Only few paperwork to be uploaded on the application
3. Disbursal inside 24 hours
4. Minimum APR (Annual Percentage Rate) is 22% and the Maximum APR (Annual Percentage Rate) is 28%
5. Minimum Tenure is 3 months and Maximum Tenure is 12 months
6. Processing Fee is 2% - 4%
7. Get the next mortgage on profitable repayment
*The annual rates of interest and processing fee will differ as per the danger profile of the purchasers and the chosen tenure.
Example
Loan Amount: ₹20,000
Tenure:one hundred eighty days (6 months)
Interest Charged: ₹ 1,426 (24% per annum)
Processing Fee: ₹236 (1% of Loan Amount - ₹200 GST @18% - ₹36)
Amount Disbursed: ₹19,764
EMI Amount: ₹ 3,571
Loan quantity is ₹ 20,000. Disbursed amount is ₹ 19,764. Total loan compensation amount is ₹ 21,426.
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