IVL Finance Limited Personal Loan

With IVL Finance personal loan, you can get a loan amount of up to Rs. 15 Lakhs at attractive interest rates starting from just 13.99% p.a. Onwards. The tenure to repay the loan can be a maximum of up to 2 years. IVL Finance offers various types of personal loans such as a wedding loan, travel loan, two wheeler loan, used car loan, and medical loan.


About IVL Finance Limited

Indiabulls Ventures Limited (IVL) is a financial services company that provides securities and derivative broking services. Indiabulls Ventures Limited Finance Limited (IVLFL) is a wholly-owned subsidiary of IVL, which is a part of Indiabulls Group. The Group has vast experience in the lending business. The company began its lending operation in FY2018 and is involved in providing IVL Finance Limited personal loans and funding to small and medium enterprises (SMEs). 

IVL Finance Limited Personal Loan Features & Benefits

IVL Finance ltd personal loan offers various attractive features and benefits. Some of them are mentioned below:

  • You can avail of Rs. 1,000 to Rs. 15 Lakhs Loan as Indiabulls IVL Finance personal loan amount.
  • Tenure of repayment ranges from 3 months to 24 months.
  • The Personal Loan Interest Rates are affordable and start from as low as 13.99% p.a.
  • IVL also offers pre-approved instant personal loans for select existing customers.
  • The entire loan application process is completely online, and you can view the IVL Finance ltd personal loan status online.
  • IVL transfers money into your bank account instantly after successful loan approval.
  • The processing fee for the loan is 3% onwards.

IVL Finance Limited Personal Loan Interest Rates

The interest rate for IVL Finance personal loan starts from 13.99% p.a. onwards. There are various factors that usually affect personal loan interest rates, such as the borrower’s age, credit score, monthly income, job profile, loan repayment history, and so on. Borrowers with a high income and excellent credit score usually get low-interest rates on personal loans.

**You can Check Credit Score Online for Free by PAN Number on our MyMoneyMantra website.

Comparison of IVL Finance Limited Personal Loan Interest Rates with Other Lenders

Name of the LenderRate of Interest (p.a.)
IVL Finance Limited Personal Loan13.99% p.a. onwards
HDFC Bank10.25% - 21%
SBI10.30% - 13.60%
ICICI Bank10.75% - 19%
Axis Bank10.25% - 21%
Kotak Mahindra Bank10.99% onwards
IndusInd Bank10.49% - 29.50%
IDFC First Bank10.49% - 25%
Bajaj Finserv13% onwards
Tata Capital10.99% onwards

IVL Finance Limited Personal Loan Fees & Charges

Type of ChargesAmount
Processing fees3% of the loan amount onwards
Foreclosure & prepayment charges5% of the prepayment amount 
EMI bounce charges

Rs. 400 per bounce for salaried & Rs. 750 per bounce for self-employed 

(Late payment penalty -  3% per month)

Stamp duty chargesAs per the applicable laws 
Duplicate NOCRs. 500 per request
Repayment mandate or instrument swapping chargesRs. 500 per request
Charges for loan cancellation Rs. 3,000
Loan rebooking chargesRs. 1,500
Duplicate repayment scheduleRs. 500
IVL Finance Limited personal loan statement chargesRs. 500

Eligibility Criteria for IVL Finance Limited Personal Loan

IVL Finance offers Personal Loans to Salaried as well as self-employed individuals. While the lender has not stated the minimum credit score and monthly income requirements clearly, like most lenders, it is likely to factor in the CIBIL score, employer’s profile, monthly income,  EMI/NMI ratio, and other eligibility factors of personal loan applicants for evaluating their personal loan eligibility.

Documents Required for IVL Finance Limited Personal Loan Application

You will be required to submit the following key documents required to apply for an IVL Finance personal loan:

  • PAN card 
  • Address proof like Voter ID card, Ration card, utility bills, etc.

Tip: Check Free Credit Score before applying for a loan

IVL Finance Limited Personal Loan FAQs

What is the full form of IVL Finance?


The full form of IVL Finance is Indiabulls Ventures Limited Finance.

Is Dhani & IVL Finance the same?


Dhani app is developed by IVL Finance Limited, which is a wholly owned subsidiary of Indiabulls Ventures. Dhani is an app for instant personal loan disbursals based on the unique Aadhar number of the customer linked to their bank account and their PAN.

How to pay through IVL Finance?


Go to the ‘Recharge & Bills’ section to pay through IVL Finance.

Is it safe to take a Personal loan from IVL Finance?


Yes, taking a personal loan from IVL Finance is safe and easy. The lender keeps your data and personal information confidential and secure.

What is IVL Customer Care Number for a query related to personal loan?


You can reach IVL customer care number by calling their 24x7 helpline number 1860-419-3333.