Financing Partner for Financial Institutions
What is onward lending?
Onward Lending is a specialized loan product offered by IBL Finance Limited (IBLFL) to meet the financing needs of financial institutions, including Non-Banking Financial Companies (NBFCs) and NBFC-Microfinance Institutions (NBFC-MFIs).
Importance of Onward Lending:
NBFCs and NBFC-MFIs are vital players in the Indian financial ecosystem, driving economic growth by extending credit to underserved sectors. Regular access to funding is crucial for their operations. Through its Onward Lending product, IBL Finance empowers these institutions by offering term loans, enabling them to meet their financial requirements and continue their role in economic development efficiently.
IBL Finance offers the Onward Lending product to NBFCs that primarily focus on retail lending, enabling them to extend credit to a wide range of borrowers. These NBFCs provide a comprehensive array of both secured and unsecured loans, catering to diverse financial needs across sectors such as
Sectors
Business loans
Personal Loans
Gold loans
Microfinance Loans
Vehicle Finance Loans
Buy Now Pay Later
Loans against property
Education Loans
Agricultural loans
MSME Loans
General eligibility criteria for Financial Institutions
- The organization must have minimum of 1 year of operational history
- The current net worth of the financial institution shall be positive
- The institution’s leverage ratio must not exceed the limit as set by regulating agencies
- The organization should have a sound lending portfolio
Our Unique Features & Benefits
IBL Finance has established high-quality relationships with customers and provides excellent services in its focus market areas. Our priorities are customer satisfaction & prudent growth, and we have designed tailor-made products to meet the requirements of our customers.
Funds up to Rs. 10 Cr
Get ample amount sanctioned meeting your requirements
Repayment made flexible
Flexible repayment options (EMI and bullet) and longer tenure
Simple application
Streamlined loan journey, and we’re available to help you throughout
Secured & Unsecured loans
Loans are available in unsecured formats without the requirement of security collateral
4 simple steps to receive your loan
Raise Your Requirement
Enter your personal, business & bank details to get a fair loan offer
Submit Documents
Our team assists you throughout to complete the application
Get Sanctioned
Accept loan offer and execute loan documents
Instant Cash
Choose from flexible repayment options and start receiving funds
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