1. CredAble
CredAble · Mumbai · Banking, lending & fintech · 4/5
Working capital platform for enterprises and suppliers.
On request
Quote-based
Banking, lending & fintech · Alternatives
Best IIFL Loans alternatives in India (2026)
IIFL Loans is a banking, lending & fintech product from IIFL Finance Limited, Mumbai, priced at On request. We compared 20 alternatives on published price, free plan, platforms and made-in-India support: 6 have a free plan, 20 are built in India, and 6 start cheaper or free.
Quick answer
The closest alternatives to IIFL Loans are CredAble (On request), Perfios (On request), Kaleidofin (On request), FinBox (On request) and CreditVidya (On request). ICICI iMobile Pay is the top-ranked option with a free plan.
Why businesses look for a IIFL Loans alternative
There is no free plan
IIFL Loans has no free tier. 6 alternatives do, which lets you test with real data before you pay.
IIFL Loans alternatives compared
Ranked by how closely each product matches IIFL Loans's category, pricing model, platforms and business size, then by rating. Prices exclude GST.
| # | Software | Starting price | Free plan | Platforms | Made in India | Rating | Compare |
|---|---|---|---|---|---|---|---|
| — | IIFL Loans (current) | On request | No | Web, Android, iOS | Yes | 3.9/5 | — |
| 1 | CredAble | On request | No | Web, Android, iOS | Yes | 4/5 | |
| 2 |  Perfios | On request | No | Web, Android, iOS | Yes | 4/5 | |
| 3 |  Kaleidofin | On request | No | Web, Android, iOS | Yes | 3.9/5 | |
| 4 |  FinBox | On request | No | Web, Android, iOS | Yes | 3.9/5 | |
| 5 |  CreditVidya | On request | No | Web, Android, iOS | Yes | 3.9/5 | |
| 6 |  Muthoot FinCorp ONE | On request | No | Web, Android, iOS | Yes | 4/5 | |
| 7 |  Finflux | On request | No | Web, Android, iOS | Yes | 3.9/5 | |
| 8 |  Lentra | On request | No | Web, Android, iOS | Yes | 3.9/5 | |
| 9 |  Hero FinCorp | On request | No | Web, Android, iOS | Yes | 4/5 | |
| 10 |  L&T Finance Planet | On request | No | Web, Android, iOS | Yes | 3.9/5 | |
| 11 |  Vivriti Capital | On request | No | Web, Android, iOS | Yes | 3.9/5 | |
| 12 |  Yubi | On request | No | Web, Android, iOS | Yes | 3.9/5 | |
| 13 |  Poonawalla Fincorp | On request | No | Web, Android, iOS | Yes | 3.9/5 | |
| 14 |  Shriram One | On request | No | Web, Android, iOS | Yes | 3.8/5 | |
| 15 |  ICICI iMobile Pay | Free | Yes | Web, Android, iOS | Yes | 4.6/5 | |
| 16 |  Jupiter | Free | Yes | Web, Android, iOS | Yes | 4.6/5 | |
| 17 |  IndusInd IndusMobile | Free | Yes | Web, Android, iOS | Yes | 4.6/5 | |
| 18 |  Fi | Free | Yes | Web, Android, iOS | Yes | 4.5/5 | |
| 19 |  Bank of Baroda bob World | Free | Yes | Web, Android, iOS | Yes | 4.6/5 | |
| 20 |  Canara ai1 | Free | Yes | Web, Android, iOS | Yes | 4.6/5 |
Top 10 IIFL Loans alternatives in detail
2. Perfios
Perfios · Bengaluru · Banking, lending & fintech · 4/5
Financial data analytics for lenders.
On request
Quote-based
3. Kaleidofin
Kaleidofin · Chennai · Banking, lending & fintech · 3.9/5
Financial inclusion platform for informal-sector customers.
On request
Quote-based
4. FinBox
FinBox · Bengaluru · Banking, lending & fintech · 3.9/5
Embedded finance and credit infrastructure.
On request
Quote-based
5. CreditVidya
CreditVidya (CRED) · Mumbai · Banking, lending & fintech · 3.9/5
Alternative credit scoring and underwriting.
On request
Quote-based
6. Muthoot FinCorp ONE
Muthoot FinCorp Ltd · Thiruvananthapuram · Banking, lending & fintech · 4/5
Muthoot FinCorp's app for gold loans, savings, investments and bill payments in one place.
On request
Quote-based
7. Finflux
Finflux · Bengaluru · Banking, lending & fintech · 3.9/5
Cloud lending management for NBFCs and MFIs.
On request
Quote-based
8. Lentra
Lentra · Pune · Banking, lending & fintech · 3.9/5
Loan origination platform for banks and NBFCs.
On request
Quote-based
9. Hero FinCorp
Hero FinCorp Ltd. · New Delhi · Banking, lending & fintech · 4/5
Lender with apps for instant personal loans, two-wheeler, car, home and business financing.
On request
Quote-based
10. L&T Finance Planet
L&T Finance Limited · Mumbai · Banking, lending & fintech · 3.9/5
L&T Finance's Planet app for personal, two-wheeler, home, gold and farm loans with account servicing.
On request
Quote-based
IIFL Loans alternatives by what you need
Cheaper than IIFL Loans
Free IIFL Loans alternatives
Indian alternatives to IIFL Loans
How to choose a IIFL Loans alternative
- For a business account, compare payout fees, API access and accounting integrations — those save more time than the interface.
- Lending apps must name the regulated lender; check the APR, processing fee and prepayment terms rather than the headline rate.
- Neobank layers sit on a partner bank; check which bank holds the funds and what happens if the layer shuts down.
IIFL Loans alternatives — FAQs
What is the best alternative to IIFL Loans in 2026?+
The closest matches to IIFL Loans on App Advisor are CredAble (On request), Perfios (On request), Kaleidofin (On request). They are ranked by how closely their category, pricing model, platforms and target business size match IIFL Loans, then by rating. The best choice depends on your team size and budget.
Is there a free alternative to IIFL Loans?+
Yes. 6 of the 20 alternatives listed have a free plan or are free: ICICI iMobile Pay (Free), Jupiter (Free), IndusInd IndusMobile (Free). Free plans usually cap users, records or transactions, so check the limits against your monthly volume.
Is there an Indian alternative to IIFL Loans?+
Yes. 20 alternatives are built in India, including CredAble (On request), Perfios (On request), Kaleidofin (On request). Indian products usually handle GST, TDS and UPI natively and bill in rupees.
IIFL Loans vs CredAble: which is better?+
CredAble is the closest match to IIFL Loans in our catalogue. Compare them side by side before you book a demo.
How were these IIFL Loans alternatives chosen?+
Every product listed sits in banking, lending & fintech or a category IIFL Loans also covers, and IIFL Finance Limited's own products are excluded. Prices, free plans and platforms come from each vendor's official website. App Advisor does not sell any of this software.
Free shortlist
Not sure which IIFL Loans alternative fits?
Tell us your team size and budget and we'll send a shortlist of three.
Related alternatives
CredAble alternativesPerfios alternativesKaleidofin alternativesFinBox alternativesCreditVidya alternativesMuthoot FinCorp ONE alternativesFinflux alternativesLentra alternativesHero FinCorp alternativesL&T Finance Planet alternativesVivriti Capital alternativesYubi alternativesAll banking, lending & fintech alternativesBrowse all alternatives