Apply India Infoline Personal Loan Online

Explore 2017 Interest rates available for India Infoline Personal Loan. Check eligibility criteria, documents required and get instant approval.

IIFL

India Infoline Personal Loan

India Infoline Personal Loan helps you to fulfill your dreams quickly and repay your loan comfortably. They offer attractive interest rate and repayment tenure up to five years.

India Infoline Features

India Infoline offers following features-

  • Loan limit is upto Rs.25 lakhs
  • Document requirement is minimal
  • They have complete online process also
  • Express Loan disbursal in 8 hours

India Infoline Personal Loan Interest Rates

India Infoline Personal Loan Interest Rates varies from 13.50% to 18.00% p.a

Additional Charges and interest rates for India Infoline Personal loan are mentioned below–

Loan Processing ChargesUpto 2% Of Loan Amount Tax
Penal Charges, Late Payment Charges, Defaults Of Any Monies Payable2% Compounded Monthly
Charges for:
Cheque Bounce
Cheque Dishonour
Cheque Swap
SI/ECS Dishonour
No-Dues
Document Retrieval
Duplicate Statement / Repayment Schedule,Etc.
Rs. 500/- Per Bounce Plus Service Tax

India Infoline Personal Loan Eligibility-

Following is the criteria for India Infoline Personal Loan Eligibility -

  • One must be a Salaried Individual
  • Monthly income should be Rs. 35,000 or more
  • Minimum age of the applicant should be 25 years
  • Maximum age of the applicant be 60 years
  • Applicant's current address should be in any of these cities: Delhi and NCR, Mumbai including Thane and Vashi, Bengaluru, Pune
  • At least 6 months of work experience in current organization
  • At least 2 years of total work experience required

India Infoline Personal Loan Documents:

Following are the basic documents that are required to apply India Infoline Personal Loan-

  • Aadhar Card
  • ID Proof
  • Address proof
  • Latest Salary slip for past 3 months
  • Latest Bank Statement for 3 months of salary account
  • Rent Agreement

India Infoline Personal Loan EMI Calculator

You can know the exact amount that you need to pay every month by using India Infoline Personal Loan EMI Calculator .

Below is the formula for calculating your EMI-

P*r* (1+r)^n/([(1+r)^n]-1)

  • P = principal amount that you want to apply for
  • r = rate of interest per month which is calculated as rate of annual income/ (12*100)
  • n = tenure of loan in months