IDFC Bank Personal Loan Interest Rate 2025

Looking for a personal loan in 2025? IDFC Bank offers competitive rates starting at 9.99% per annum, with flexible EMIs and an easy digital process. A strong credit score can get you even better rates, making repayment smoother. In this blog, we’ll cover everything you need to know about IDFC personal loans to help you choose wisely.

IDFC Bank Personal Loan Interest Rate Highlights

The table below displays the IDFC Bank personal loan interest rates, the desired loan amount, tenure options, and the loan amount offered. Let's explore them in detail below:

Types of IDFC Bank Personal Loan

Here is a detailed list of the different types of IDFC Bank personal loans:

• IDFC First Personal Loan for Marriage Purpose: IDFC First Bank offers a Marriage Loan of up to ₹10 lakh to help individual borrowers manage their wedding-related expenses with ease.
• IDFC First Personal Loan for Emergency: Individual borrowers can opt for personal loans for emergencies, the repayment tenure for which is usually up to 5 years. 
• IDFC First Personal Loan for Travel: IDFC FIRST Bank’s FIRST money personal loan offers up to ₹10 lakh for travel needs, with rates starting at 9.99% per annum.
• IDFC First Bank Medical Loans: IDFC First Bank provides medical loans starting at 9.99% whilst imposing zero foreclosure charges, with no extra fees.
• IDFC First Debt Consolidation Loans: IDFC First Bank provides debt consolidation loans to individual applicants to meet repayment dues within the specified time. 
• IDFC First Small Personal Loans: IDFC First provides small personal loans to meet the capital needs of applicants. 
• IDFC First Personal Loan Balance Transfer: IDFC First Personal Loan Balance Transfer lets borrowers shift existing loans from other banks to enjoy lower interest rates, with tenures ranging from 6 months to 5 years.

Features Of IDFC Bank Personal Loans

Some of the key characteristics of the IDFC Bank personal loan scheme are as follows:

Loan Amount

• IDFC Bank provides personal loans up to Rs. 10,00,000, depending on your income, credit score, and repayment capacity.

Lowest EMI Amount 

• The lowest EMI per Rs. 1 lakh loan is Rs. 2,124, achieved with the longest tenure, and lowest interest rate. 
• Your actual EMI will vary based on the loan amount, tenure, and interest rate.

Processing Fees

• IDFC FIRST Bank charges 2% of the total loan amount as processing fees, including GST. 

Part Payment Option

• Part payment is not allowed.

Digital Paperless Loan

• A fully digital and no paper process from the loan process is what IDFC FIRST Bank offers. 
• You can access it online, submit the required documents and get the approval quickly. 
• It helps to lessen paperwork and expedites the disbursal process so that borrowers are satisfied with disbursements.

Pre-Approved Personal Loan

• Various customers can avail pre-approved personal loans by the bank. 
• If you have a pre-approved relationship with IDFC FIRST Bank then you can avail instant disbursal loan.
• Your income and credit score along with your repayment history helps in determining your pre-approved offers. 

Quick Check of Eligibility

• You can check your personal loan eligibility online in just 2 mins. It lets you know how much loan amount you are eligible for without bearing on your credit score. 
• Basic details such as income, employment conditions, and credit history are needed by an online eligibility check.

Top-up Loan Facility

• IDFC First Bank customers already have a top-up loan. It enables you to borrow money on an existing personal loan without applying for a new loan. 
• A top-up loan is handy in the event of emergencies and other financial needs.

Competitive Interest Rates and Flexible Repayment 

• There is a competitive interest rate involved with the loan and the terms of repayment are flexible. With the EMI plans that best suit your budget, there is the convenience of hassle free repayment. 
• However, the bank has options that are suitable for various kinds of financing.

IDFC Bank Personal Loan Interest Rate 2025

IDFC First Bank understands that personal loan needs vary, whether for emergencies, home renovation, or personal goals. With competitive interest rates, flexible repayment options, and reducing balance interest rates, IDFC personal loans in 2025 make borrowing affordable and convenient. 

A strong credit score of 710+ boosts eligibility and helps secure the lowest rates, ensuring better financial management with flexible tenures.

IDFC Bank Personal Loan Schemes Interest Rate

IDFC Bank personal loan interest rate starts from 9.99% p.a.

Factors Affecting IDFC Bank Personal Loans 

There are several factors to consider that affect your eligibility for IDFC personal loan interest rate 2025:

• Credit Score: Maintaining a credit score of 710 and above helps you get a loan with low interest rates.
• Income: A higher income will increase your chances of approval, since the repayment capability depends on your current drawn salary. 
• Loan Amount and Tenure: Your EMI depends on the loan amount and tenure. A shorter tenure means lower interest but higher EMIs, while a longer tenure lowers EMIs but increases total interest.
• Age: Individuals need to be between the ages of 21 and 60 to secure a personal loan with IDFC Bank. 
• Existing Debt: Banks consider your debt-to-income ratio before approving a new loan. 

Fees And Charges of IDFC Bank Personal Loan

The detailed overview of fees and charges for IDFC Bank personal loan are as follows:

Eligibility Criteria For IDFC Bank Personal Loan 

Here is a quick overview of IDFC Bank personal loan eligibility criteria applicable for both salaried as well as self-employed individuals:

For Salaried Individuals

• Minimum Age: 21 years
• Maximum Age: 60 years of age during loan maturity

For Self Employed Individuals

• Minimum Age: 21 years
• Maximum Age: 60 years during the time of loan maturity 

Documents Required To Apply For IDFC Bank Personal Loan

Here is the list of documents applicants must present when applying for a personal loan with a bank or an NBFC:

• KYC Documents: Aadhaar card, PAN Card, Driving License, Passport, and Voter's ID
• Customer’s Employee ID Card
• Bank statement for the last three months
• eSign/eStamp
• Net Banking or debit card details 

IDFC Bank Personal Loan EMI Calculator

The IDFC Bank Personal Loan EMI calculator is an easy-to-use online tool that helps estimate your monthly payments by entering your loan amount, interest rate, tenure, income, and ratio. It allows you to adjust loan details to find an EMI that suits your budget, easing financial planning and repayment. 

The calculator also provides a clear breakup of interest and principal, helping you understand the total loan cost and compare options for the best repayment plan.

IDFC Bank Personal Loan Customer Care

IDFC FIRST Bank offers all day customer care support for banking related requirements. The toll-free number 1800 10 888 will allow you to reach them. You can also get in touch with the bank's representatives, to whom you can ask any question regarding a personal loan, EMI payment, interest rates, or anything else. 

Final Word

IDFC Bank’s personal loan interest rates in 2025 make borrowing affordable and accessible. With interest rates starting from 9.99% per annum, borrowers can avail funds to meet varied needs such as medical emergencies, education, or home renovation. This will enable you to choose a loan that fits your budget and ensures smooth repayment without financial stress.

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