Financial FAQS
Financial FAQs Page
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What is IFL PROMOTERS LTD?
IFL Promoters Ltd is a Non-Banking Financial Company (NBFC) registered and regulated under the guidelines of the Reserve Bank of India (RBI). We provide financial services including business loans, MSME loans, working capital support, and corporate finance solutions.
What types of loans do you offer?
We currently provide:
MSME Loans
Unsecured Business Loans
Term Loans
Working Capital Loans
Corporate Finance
Loan Against Invoice / Receivables
Startup & Project Funding (Based on Eligibility)
Who is eligible to apply for a loan?
To apply for a loan, you must meet the following general criteria:
Applicant must be Indian Resident
Must be a registered business entity (Proprietor/Partnership/LLP/Private Ltd)
Minimum business vintage short terms 10–180 days and long terms 12-36 months
Valid GST number & business documents
Eligibility may vary depending on loan category.
What documents are required?
Common documents include:
📌 Applicant KYC: Aadhaar, PAN
📌 Business Documents: GST Certificate, Business Registration
📌 Financial Proof:
Bank Statements (6–12 months)
ITR (if applicable)
Balance sheet or revenue reports
Additional documents may be requested based on loan type.
How much loan can I get?
Loan amount depends on:
Business turnover
Bank statement health
Creditworthiness
Repayment capacity
Typically, loan ranges are:
| Loan Type | Minimum | Maximum |
|---|---|---|
| MSME / Small Business Loan | ₹20,00,000 | ₹1 Crore |
| Working Capital / Corporate Loan | ₹1 Crore | ₹50 Crore |
How long does loan approval take?
Loan processing time varies but typically:
Pre-Approval: Within 24–48 hours
Final Approval & Funding: 2–3 working days
Fast-track approval available for eligible profiles.
Do you check CIBIL score?
No.
Are there any hidden charges?
No.
All charges including processing fees, interest rate, and repayment terms are disclosed transparently before the agreement.
How can I check loan status?
You can track your loan application via:
Email updates
Phone support
Online request portal (if applicable)
How do I make loan repayments?
Repayments can be made via:
Auto-Debit (NACH)
UPI / Online Transfer
Net Banking
Post-Dated Cheques (PDC)
Can I foreclose or prepay my loan?
Yes.
Foreclosure / early payment policy is allowed as per terms of the loan agreement. Prepayment charges may apply depending on loan type.
How can I contact customer support?
📍 Corporate Office: A-66, Second Floor, Guru Nanak Pura, Vikas Marg, Laxmi Nagar, New Delhi – 110092
☎ Support: +91-99104 80877
📧 Email: support@iflpromotersltd.com
🌐 Website: www.iflpromotersltd.com