The minimum loan amount for IIFL personal loans is INR 5,000.
IIFL Finance offers personal loans designed to meet a variety of financial needs, ranging from small, immediate expenses to larger planned expenditures. The loan amounts are flexible, starting from a low threshold to ensure accessibility for a wider range of applicants.
For a comprehensive overview of IIFL personal loan features, including the minimum and maximum loan amounts, interest rates, and repayment tenures, refer to the table below:
IIFL Personal Loan Features
| Feature | Details |
|---|---|
| Loan Amount Range | INR 5,000 to INR 5,00,000 |
| Rate of Interest | 12.75% - 44% p.a. |
| Tenure | 03 months to 42 months |
| Loan Processing Charges | 2% - 9% + GST* |
| NACH / E-MANDATE BOUNCE CHARGES | ₹ 500/ + GST (if applicable) |
This range allows individuals to borrow precisely what they need, whether it's for a medical emergency, home renovation, education expenses, or consolidating debt. You can find more details and apply for an instant personal loan online through IIFL Finance.
