IDFC First Bank Personal Loan: If you’re an existing IDFC First Bank customer considering a personal loan, this guide is for you. IDFC First Bank offers personal loans ranging from ₹5,000 to ₹10 lakhs with interest rates starting at just 10.99% per annum. Whether you need it for a wedding, travel, medical expenses, or home renovation, IDFC First Bank provides a quick and convenient online application process. Here’s everything you need to know.
Why Choose IDFC First Bank Personal Loan?
IDFC First Bank is a reliable option for personal loans, offering competitive interest rates and flexible loan amounts. With loans available up to ₹10 lakhs, the bank caters to various needs, from small expenses to larger financial requirements. The interest rate starts at just 10.99% per annum, making it an affordable choice for borrowers. Moreover, with minimal paperwork and quick disbursement, the loan process is straightforward.
Eligibility Criteria for IDFC First Bank Personal Loan
To qualify for a personal loan from IDFC First Bank, you need to meet specific criteria:
- For salaried individuals: Minimum age of 23 years, maximum of 60 years at loan maturity. You should have at least 2 years of work experience and a good credit score.
- For self-employed individuals: Minimum age of 25 years, maximum of 60 years at loan maturity. Your business should be operational for at least 3 years, with a good credit score.
Required Documents for IDFC First Bank Personal Loan
To apply for a personal loan from IDFC First Bank, you will need the following documents:
- Aadhaar Card
- PAN Card
- Proof of Address (Electricity, Water, or Gas Bill)
- Bank Statement (Last 3 Months)
- Salary Slips (Last 3 Months)
- Form 16, Passport, Voter ID, or Driving License
How to Apply for IDFC First Bank Personal Loan Online?
Applying for a personal loan from IDFC First Bank is simple:
- Visit the official IDFC First Bank website.
- Click on the “Loans” option on the homepage.
- Select “Apply for Personal Loan.”
- Fill in the required details and upload the necessary documents.
- Pay the processing fee, and your loan amount will be credited to your account within 15 days.
- By following these steps, you can quickly and efficiently secure the funds you need through a personal loan from IDFC First Bank.
Important Links
| Official IDFC First Bank Website | View |
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