IBL Finance Limited (IBLFL.NS) is a fintech-driven non-banking financial company (NBFC) registered with the Reserve Bank of India that provides digital lending solutions leveraging artificial intelligence and data analytics. Incorporated in 2017 and headquartered in Surat, Gujarat, India, the company offers a diversified portfolio of products and services, including instant personal loans through its mobile app under the Instant Personal Loan (IPL) brand; travel, medical, mobile, consumer, two-wheeler, and education loans; micro, small, and medium enterprise (MSME) loans; onward lending to other financial institutions such as NBFCs, microfinance institutions (MFIs), and housing finance companies (HFCs); and secured redeemable non-convertible debentures (NCDs). IBL Finance primarily serves small and medium enterprises, self-employed individuals, salaried persons, and financial institutions across India with a nationwide presence, having disbursed over ₹250 crores in loans to more than 1.86 lakh customers.
In recent developments, IBL Finance achieved assets under management (AUM) exceeding ₹100 crore by the end of fiscal year 2024-25, driven by strategic partnerships with 36 national NBFCs for onward lending, under which it disbursed ₹154 crore as of March 31, 2025. The company launched a new vertical focused on lending to profitable NBFCs to enhance asset quality and geographic diversification while maintaining low net non-performing assets (NPAs) at 1.99% in FY 2024-25. Additionally, IBL Finance raised ₹49.46 crore through term loans and NCDs in FY 2024-25 to support expansion and plans further fundraising via debt instruments including bonds and commercial papers.