Financial Faq’s – IFL Promoters Ltd

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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

Typical Loan Ranges:

Loan Type	Minimum	Maximum
MSME / Small Business Loan	₹20,00,000	₹1 Crore
Working Capital / Corporate Loan	₹1 Crore	₹50 Crore

Actual loan eligibility may vary depending on your business profile and lender assessment.

How long does loan approval take?

Loan Processing Timeline:

Pre-Approval: Within 24–48 hours
Final Approval & Funding: 2–3 working days
Fast-Track Processing: Available for eligible business profiles

The processing time may vary depending on document verification, lender policies, and loan eligibility.

Do you check CIBIL score?

Yes

Are there any hidden charges?

No.
All charges including processing fees, interest rate, and repayment terms are disclosed transparently before the agreement.

How do I make loan repayments?

Track Your Loan Application:

Email Updates: Receive regular notifications about your application status.
Phone Support: Contact our support team for real-time assistance.
Online Request Portal: Check your application status online (if available).

For any queries, our team is available to assist you throughout the loan process.

How can I check loan status?

Repayment Options:

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
☎ Contact: +91-8700642517
☎ Support: +91-9560038282
📧 Email: promotersifl@gmail.com
🌐 Website: www.iflpromotersltd.com