Personal Loan
How to login to IIFL portal?
Go to IIFL Self Service Portal https://selfservicesme.iiflfinance.com/Login.aspx. Login with Customer ID which is provided in the welcome letter is sent to you on successful disbursal of the loan. Note: If you are logging for the 1st time then, click ...
How do I make a payment in case of any failure from Bank mandate?
You can make payments to IIFL via NEFT and RTGS transfers through the online portal. Just visit https://quickpay.iiflfinance.com/
How to setup auto debit of my personal loan EMIs?
Auto Debit of EMI can be setup by providing a Bank Mandate. This comes in the last stage of loan application where you can download the mandate, sign and upload a scan image for the mandate to be processed with your bank.
Does 5paisa Provide personal loans?
5paisa by itself does not lend money for personal loans. We have tie up with India Infoline Finance Limited (IIFL), a reputed NBFC to provide personal loans to our 5paisa customers.
How do I update my contact number / email address registered under my Personal Loan account?
At the time of the loan application the email and mobile registered with 5paisa is passed on to India Infoline Finance Limited (IIFL). If you wish to change any of the details in addition to updating these through the 5paisa portal you also need to ...
Can I prepay my personal loan?
You can prepay your loans without any hassles. Following are the charges to prepay the loan: Lock in period for 1 year Foreclosure charges, after 1 year, 5% + GST applicable.
Can I receive the disbursement amount to a different bank account from the one mapped to 5paisa account?
IIFL who is the lending partner of 5paisa will disburse your loan amount only to your verified bank account. If you wish to add another account, follow the bank addition / modification process on 5paisa web/mobile app and once approved, you can ...
Are there any additional fees & charges applicable for personal loan?
Apart from the EMI amount the following fees will be charged to you Processing fee upto 1.5% Late payment charges in case of default In case your monthly EMI gets bounced, you will have to bear a bounce charge of Rs. 590/- and also penalty charges ...
How Long Does It Take to Get Approval for a Personal Loan?
Loans will be processed once the details of your application are verified and your bank mandate is sent to us for processing. Typically, the entire process can be completed within the same working day.
How Do I Pay My Personal Loan EMIs?
Your monthly EMI’s will be deducted from your bank account selected by you at the time of loan application. Here, you will be able to choose from the accounts, that you have already mapped to your 5paisa trading account. EMI date will be 3rd of every ...
What documents are required for the personal loan?
Since you have already done a complete KYC at the time of opening an account with 5paisa, you do not require to provide any documents. In case, your current address is different from the one given to 5paisa at the time of account opening, you will ...