IIFL Personal Loan - Lowest Interest Rate 2021, Easy Approval

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IIFL Personal Loan - Lowest Interest Rate 2021,
Easy Approval
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IIFL Personal Loan Interest Rate 2021

• An IIFL personal loan is meant to overcome the
  unpredicted financial crunches at any point in
  your life. Personal loans are processed and
  disbursed quickly. Moreover, they do not require
  any collateral. The loan amount may be utilized
  to purchase any consumer durables or for meeting
  domestic, social, and other such emergency
  expenses. IIFL bank provides easy and hassle-free
  personal loans to individuals at highly
  competitive interest rates along with other
  benefits such as door-step services.

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IIFL personal loan Interest rates and charges
2021
Interest rate Starts from 16 onwards
Maximum Loan amount Rs 25,00,000
Loan Tenure 12 to 60 months
Documentation and stamp duty charges Nil
Processing Fee Up to 2 of the total loan amount along with the applicable taxes.
Late payment charges 2 (compounded monthly)
Penal charges 2 (compounded monthly)
Cheque bounce charges Rs.500 per instance applicable GST
Cheque dishonor charges Rs.500 per instance applicable GST
Foreclosure charges Up to 6
Charges for inspection Nil
Prepayment charges Nil (allowed only after you pay 6 EMIs)
Cheque Swap charges Rs. 500 per instance applicable GST
Duplicate Statement Charges Rs. 500 per instance applicable GST
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Features and benefits of an IIFL personal loan

• IIFL Personal Loan offers attractive features and
  benefits from easy loan approval to lower
  interest rates along with flexible loan tenure
  and Online payments. Here are some of the salient
  features of a personal loan from IIFL -
• Affordable rate of interest IIFL offers
  competitive interest rates starting from 13 per
  annum.
• No collateral or security required Personal Loan
  is an unsecured loan without the need of any
  security or collateral.  
• Quick processing and disbursal- Quick checking of
  your eligibility and quick online approval is
  offered through IIFL online platform. The
  documentation process is entirely hassle-free.
  Also, express disbursal of your personal loan is
  possible within just 8 hours.
• Multipurpose Personal Loan The IIFL Personal
  Loan can be used for any genuine personal credit
  need, including educational expenses, wedding
  expenses, travel costs, and to meet the costs of
  emergency medical funds. 
• Flexible Repayment Options Choose any tenure
  from 12 to 60 months to repay your IIFL Personal
  Loan.
• No pre-closure charge (pre-closure will be
  allowed only after 12 months.
• Easy online platform- The IIFL online platform is
  an easy and completely transparent one. Faster
  processing of your loan application and IIFL
  online payment are made possible through
  effective online procedures such as eSign (via
  Aadhar) and eKYC.

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