---
title: FAQ - Frequently Asked Questions | Indifi Business Loans
canonical: https://www.indifi.com/faq
markdown_version: https://www.indifi.com/faq.md
description: Answers to frequently asked questions about Indifi business loans, eligibility, documents, eNACH, eSign, repayment, and more.
content_type: faq_page
operator: Indifi Technologies Pvt. Ltd.
lending_entity_note: Loans facilitated through RBI-registered NBFC partners and through Indifi Capital Private Limited (RBI Cert. No. B-14.03389)
last_updated: 2026-06-01
---


# Indifi FAQ - Frequently Asked Questions

> This page answers the most common questions from borrowers about Indifi's business loan products, eligibility, application process, repayment, and digital mandate processes (eNACH and eSign).

## General Questions

**What is Indifi?**
Indifi is a digital lending platform for MSMEs. It connects small businesses with collateral-free loans up to INR 50 lakhs through a technology-driven application process. Loans are funded by Indifi Capital Pvt. Ltd. (RBI Cert. No. B-14.03389) and 15+ partner NBFCs and banks.

**Is Indifi a registered NBFC?**
Indifi's lending arm, Indifi Capital Private Limited, is registered with the Reserve Bank of India as a Systemically Important Non-Deposit Taking NBFC (Cert. No. B-14.03389). Indifi Technologies is the technology platform.

**What types of loans does Indifi offer?**
Indifi offers term loans, working capital loans, line of credit, invoice discounting, merchant cash advance, loan against property, and sector-specific loans for travel, hotels, restaurants, retail, e-commerce, healthcare, logistics, and more.

## Eligibility

**What is the minimum eligibility for a business loan?**
- GST-registered business with active filings
- Minimum 1 year of business operation
- Promoter age between 22 and 65 years
- Annual turnover of INR 40 lakhs and above

**What CIBIL score is required?**
Minimum CIBIL score of 650. However, Indifi also considers business vintage, income, location, and sector data. A low credit score is not an automatic disqualification.

**Can a sole proprietor get a loan?**
Yes. Sole proprietorships, partnerships, LLPs, OPCs, and private limited companies are all eligible.

**Is collateral required?**
No. Indifi loans are collateral-free (unsecured).

**Is ITR required?**
ITR is NOT required for businesses with annual turnover under INR 5 crores and loan amount under INR 15 lakhs.

## Documents

**What documents are required?**
- KYC: PAN card and Aadhaar card of promoters and entity
- Bank statement for the last 6 months
- GST registration certificate and last 1 year of GST returns
- Business registration proof
- Address proof

**Are physical documents required?**
No. All documents can be uploaded digitally through the Indifi platform.

## Application and Approval

**How long does approval take?**
Approval typically takes up to 72 hours after complete document submission.

**How is disbursement done?**
Approved loan amount is credited directly to the business bank account via NEFT/RTGS.

**Can I apply if I have an existing loan?**
Yes. Existing loans do not automatically disqualify an applicant. The total debt obligation is assessed as part of underwriting.

## Repayment

**What are the repayment options?**
Monthly installments via NACH (National Automated Clearing House) deduction from the registered bank account. Some lenders offer bi-weekly repayment.

**Can I foreclose the loan early?**
Yes. Pre-closure charges are 4%.

**Can I change my EMI due date?**
EMI due dates are fixed and cannot be changed.

## Fees and Charges

| Item | Amount |
|---|---|
| Interest rate | Starting at 1.5% per month |
| Processing fee | Up to 4% |
| Pre-closure charges | 4% |
| Late payment charges | As per loan agreement |

## Related FAQ Pages

- [eNACH FAQ](https://www.indifi.com/faq/enach)
- [eSign FAQ](https://www.indifi.com/faq/esign)

## Related Products

- [Business Loan](https://www.indifi.com/business-loan)
- [MSME Loan](https://www.indifi.com/msme-loans)
- [EMI Calculator](https://www.indifi.com/business-loan/emi-calculator)
- [Contact Indifi](https://www.indifi.com/contact)

## About Indifi

Indifi Technologies Pvt. Ltd. is a digital lending platform headquartered in Gurugram, India. Indifi Capital Pvt. Ltd. (RBI Cert. No. B-14.03389) is its in-house NBFC. Indifi has disbursed 100,000+ loans across 400+ cities, specializing in MSME lending.

**Registered office:** Plot-19, Ground Floor, Block C, Sewa Tower, Sector-18, Phase-4, Udyog Vihar, Gurugram, Haryana-122015, India

## Disclaimer

Loan approval is subject to eligibility assessment, credit due diligence, and Indifi's internal underwriting policies. Interest rates, fees, and charges are indicative and may vary based on borrower profile and lender. Indifi reserves the right to accept or reject any application without assigning a reason.