IDFC First Bank Personal Loan Apply

IDFC First Bank Personal Loan Apply- Up To 10 Lakh Loan

IDFC First Bank is a well-known NBFC company. You can get up to Rs. 10 lakhs instant personal loan. The personal loan interest rate starts from 12.5% per annum. The maximum loan tenure is 5 years.

It will take 72 hours to disburse the loan. Let’s check out IDFC First Bank personal loan.

IDFC First Bank Personal Loan

Loan AmountUp To 10 Lakh
Interest Rate12.50% to 18% p.a.
Tenure1 -5 years
IncomeRs. 15,000 Net Salary
Age Required23 -58 years
CIBIL Required-1 /700+
Processing FeesUp to 4% of the loan amount
Eligible ForSalaried Person

Benefits of IDFC First Bank Personal Loan

Flexible Tenure: The loan tenure is flexible. The personal loan tenure is 1 year to 5 years.

Fast Disburse: IDFC First Bank provides fast loan disbursement. The maximum loan disbursement time is 72 hours.

Paperless Process: The process is paperless. No hard copy will require to get the loan approval.

No Collateral: IDFC First Bank offers collateral-free loan services. Banks will give you a loan without security.

Affordable Interest: The IDFC personal loan interest rate starts from 12.5% to 18% per annum.

Also Read: Personal Loan for Minimum Salary 13,000

Eligibility Criteria for IDFC Personal Loan

Before applying, check out the details eligibility criteria for IDFC personal loan:

  • The applicant should be Indian Residence
  • A monthly income of Rs. 15,000 required
  • The age should be between 23 to 58 years
  • Credit score -1 or 700+ required

Documents Required

  • Identity Proof (Pan Card)
  • Address Proof (Aadhaar Card / Rent Agreement / Electricity bill)
  •  Last 3-month salary slip
  • Recent 6-month bank statement
  • Form 16 (If salary is more than Rs. 50,000)

IDFC Personal Loan Fees & Charges

EMI Bounce chargesRs.400
Repayment Swap ChargesRs.500
Statement of Account (Adhoc/Duplicate)Rs.500
Duplicate No Objection certificateRs.500
Physical Repayment ScheduleRs.500
EMI Collection ChargesRs.350
Document retrieval charges (per retrieval)Rs.500

How to Apply for IDFC Personal Loan

Step 1: Click on the “IDFC Personal Loan” button.

Step 2: Fill out the basic KYC form.

Step 3: Now, customer care will call you for the document verification process.

Step 4: Submit the documents to our customer care.

Step 5: After all the eligibility checks, you will get the loan offer.

(You can apply for IDFC personal loan from your nearest IDFC brunch. The bank representative will help you to get the loan. )

Also Read: Digital Personal Loan in Mumbai

IDFC Personal Loan Customer Care

If you have any queries regarding the loan, you may contact IDFC Bank customer care. Customer cares are available on working days only.

Toll-free Number: 1800 209 9971 (Mon to Sat 09:30 am and 6:00 pm)

Official Email ID: [email protected] / [email protected]

Office Address:

IDFC FIRST Bank Ltd Naman Chambers,
C-32, G-Block,
Bandra-Kurla Complex, Bandra East,
Mumbai – 400051, India

FAQs on IDFC Personal Loan

How much salary is required to get the IDFC personal loan?

The minimum monthly salary is Rs. 15,000 required.

What is the interest rate of an IDFC loan?

IDFC personal loan interest rate starts from 12.5% to 18% p.a.

What is the maximum loan amount IDFC offers?

IDFC offers a maximum of Rs. 10 lakhs personal loans.

What are the foreclosing charges?

The foreclose charge is 5% of the total outstanding amount if you pay the loan after 6 months. No foreclose charges if you foreclose the loan within 6 months.

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