IIFL stands for India Infoline Limited, India’s largest diversified financial services company. It has its headquarters located in Mumbai and was founded in 1995 by Nirmal Jain. It is a subsidiary of IIFL finance and provides a lot of services like home loans, small ticket-sized home loans, secured MSME loans and also project loans. A colleague asked me two months ago- is IIFL safe or not. I wasn’t quite sure but then we did our research. I learnt it is reliable and let me share here why.
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How safe is IIFL finance?
IIFL is in the market since 1995, almost for three decades and is safe, reliable and trusted in India. It has all the necessary certifications and memberships so you can rely upon it. I hope this answers is
IIFL
good or not.
What is the work of IIFL?IIFL provide diversified financial services like
Asset and wealth management
Financial advisory and broking
Financial products distribution
Investment banking
Institutional equities
Project financing
Advisory services and a lot more
My colleague was planning to avail a home loan from IIFL. So the eligibility criteria to apply for a home loan there are:
The person should be a citizen of India
His/her age must be between 18 to 75 years
He must be salaried or self-employed
Also the documents that the person must be carrying are
Voter Card
Pan Card
Aadhar Card
Driving License
Salary slip/certificate
Form 16
Bank statement
Property documents
buyer/sale agreement
IIFL’s home loan interest rate is 8.2% onwards so be sure you talk about this before finalising the loan.
Overall if you ask me- is
IIFL safe, I will say it is, as most of my colleagues approved of it and one of them had availed a home loan there.
Read more:What is IIFL home loan review?
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Is IIFL Safe?
Suchismita
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2022-12-30T20:50:49+00:00 2022-12-30T20:50:51+00:00Comment
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