IIFL Business Loan | SME 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 Loans is a must have mobile application for all India Infoline Finance Limited customers. This app will help you apply for loans and also provide a complete view of all your existing loans with us. The Application has been designed to offer a convenient login process , easy navigation and ease of usage.

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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Benifits To Apply Loan

• Loans up to ₹30 Lakh with No Collateral
• 100% Digital Process
• Quick Loan Approval
• Interest Rate at 11.25% – 33.75% p.a.
• Flexible Loan Tenure 12 months – 60 months

Following eligibility criteria is to be fulfilled to get business loan from IIFL Finance:

• Sole Proprietorship , Partnership firms, Private Limited Companies involved in business of Manufacturing, Trading and Services are eligible for Loan.
• Established business operating for more than six months at the time of application.
• The business does not fall under any category or list of blacklisted/excluded businesses.
• The applicant must have a good credit history in Record.
• Applicant with no previous default with any financial institution or Bank.
• Indian citizen with no criminal record
• Minimum turnover of Rs 90,000 in the last three months from the time of application.
• The office/business location is not on the negative location list.
• Charitable organisations, NGOs, and trusts are not eligible for a business loan.

What are the documents required for business loan?

Documents for 10 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 months bank statement of main operative business account (12 months preferable to avail maximum loan amount)
• Additional document(s) may be required for credit assessment and processing of loan request

Documents for 30 Lakhs

• KYC documents – Identity proof and address proof of the borrower .
• PAN Card of borrower.
• Last (6-12 Months) months bank statement of main operative business account
• Additional document(s) may be required for credit assessment and processing of loan request
• GST Registration / other Govt Business Proof.
• Previous 12 months’ bank statements [Downloded PDF Format Only]
• PAN Card and Aadhar Card copy of the Proprietor(s).
• Deed copy and company PAN Card copy in the case of partnerships.

IIFL Finance customer care number
To contact the IIFL Finance for loan related queries, the toll-free number is 1860-267-3000 or 7039-050-000. You can contact on the toll-free number from 9 am to 6 pm. Email ID: sms@indiainfoline.com