IDFC FIRST Bank Personal Loan
New-generation private bank — digital-first journeys, flexible prepayment terms and competitive NBFC-style approval appetite with bank pricing.
★ Zero foreclosure charges after a few EMIs on many variants.
IDFC FIRST Personal Loan at a glance
- Interest rate
- 10.75% – 25% p.a.
- Processing fee
- Up to 2%
- Maximum amount
- ₹1 Cr
- Tenure
- 1 – 5 years
Indicative as compiled by QCred; the lender's live schedule prevails. Your rate depends on credit score, income and loan size.
Check your IDFC FIRST personal loan offer
It takes 2 minutes. This will not affect your credit score.
IDFC FIRST vs other lenders on personal loan
| Lender | Interest rate | Processing fee | Max amount | |
|---|---|---|---|---|
| HDFC Bank | 10.75% – 21% p.a. | Up to ₹6,500 | ₹40 Lakh | Apply → |
| State Bank of India | 11.15% – 14.30% p.a. | Up to 1.5% | ₹35 Lakh (Xpress Credit) | Apply → |
| ICICI Bank | 10.85% – 16.65% p.a. | Up to 2% | ₹50 Lakh | Apply → |
| Axis Bank | 10.99% – 22% p.a. | Up to 2% | ₹40 Lakh | Apply → |
| Kotak Mahindra Bank | 10.99% – 24% p.a. | Up to 3% | ₹40 Lakh | Apply → |
| Punjab National Bank | 11.40% – 16.80% p.a. | Up to 1% | ₹20 Lakh | Apply → |
| Bank of Baroda | 11.05% – 18.75% p.a. | Up to 2% | ₹20 Lakh | Apply → |
| IDFC FIRST Bank | 10.75% – 25% p.a. | Up to 2% | ₹1 Cr | Apply → |
| Tata Capital | 11.50% – 26% p.a. | Up to 3% | ₹35 Lakh | Apply → |
| Bajaj Finserv | 11% – 32% p.a. | Up to 3.93% | ₹55 Lakh | Apply → |
Eligibility
- Age
- 21 – 60 years
- Employment
- Salaried or self-employed
- Minimum income
- ₹20,000 / month (metro)
- Credit score
- 650+ (700+ for best rates)
Documents required
- PAN card and Aadhaar card
- Last 3 months' salary slips
- Last 3–6 months' bank statements
- Passport-size photograph
IDFC FIRST Bank Personal Loan FAQs
What is the IDFC FIRST Bank personal loan interest rate?
IDFC FIRST Bank personal loan rates currently run 10.75% – 25% p.a. depending on your credit score, income profile and loan amount. The processing fee is Up to 2%. Rates are revised periodically — QCred confirms the live rate for your profile before you apply.
How much personal loan can I get from IDFC FIRST Bank?
Up to ₹1 Cr, subject to your repayment capacity (lenders cap total EMIs near half your net income) with tenures of 1 – 5 years. Use our eligibility calculator for a quick estimate.
Should I apply to IDFC FIRST Bank directly or through QCred?
The rate and product are the same — but through QCred you see how IDFC FIRST's offer compares against other lenders for your exact profile before committing, and one advisor tracks your file to disbursal. Our service is free; lenders pay us on disbursal.