|Interest rate||15% p.a.- 22% p.a.|
|Processing Fee||Up to 3.50% of the loan amount + GST|
|Loan tenure||1 to 5 years|
|Loan amount||Up to Rs.25 lakh|
The eligibility criteria you will have to fulfil in order to avail a personal Loan from IDFC First Bank are:
Given below is the list of documents you will have to submit in order to avail a personal loan from IDFC First Bank:
Other fees and charges
|EMI bounce charges||Rs.400||For each dishonoring of the presentation|
|Repayment instrument swap charges||Rs.500||As per change request|
|Statement of Account (Adhoc/Duplicate)||Rs.500|
|Cancellation/Rebooking Charges||1% of the loan amount + interest availed from the date on which the loan amount was disbursed till the date of the cancellation of loan request. The request for cancellation will have to be submitted within a month of either loan booking date or 1st EMI presentation date, whichever is earlier. Post which cancellation will be treated as foreclosure|
|Duplicate No Objection certificate / No Dues Certificate||Rs.500|
|Stamping Charges||As per actuals|
|Physical Repayment Schedule||Rs.500|
|EMI Pick up/ Collection Charges||Rs.350|
|Document retrieval charges (per retrieval)||Rs.500|
|Overdue interest||2% of the unpaid EMI or Rs.300 whichever is higher|
|Part-prepayment Loan||Maximum 40% of current outstanding amount is allowed for part payment once in a fiscal year. This option is available only post initial payments of 3 EMIs. For availing this option 2% part-payment charges is applicable on partial payment|
GST and other government taxes, levies, etc. as per prevailing rates will be applied over and above the fees and charges.
You can also apply for a personal loan by visiting the BankBazaar website and apply for a personal loan from IDFC First Bank.
You can also visit the nearest branch of IDFC First Bank along with the necessary documents. A representative from the bank will help you with the process of applying for a personal loan from IDFC First Bank.
With an array of personal loan products offered by IDFC First Bank, you can choose a loan that best fits your financial requirement.
Personal Loans are unsecured loans. The bank will offer you a personal loan based on factors such as income, age, credit score, etc. You will not be required to pledge any security in order to avail a personal loan from IDFC First Bank.
The lender will take around 7 days to review the documents submitted by you and disburse the loan amount to your bank account.
Repayment of IDFC Personal Loans will be done in EMIs (Equal Monthly Instalments) through EFT (Electronic Fund Transfer) from another bank account of your choice. You also have the option of repaying the loan through Standing Instruction to debit the EMI from your IDFC Bank account.
If you are married, you can avail a personal loan with the loan amount above Rs.25 lakh by clubbing your income with the income of your spouse.
You can check the EMI payable by using the EMI Calculator available on the official website of the lender. You can put in the necessary details and check the EMIs payable.
You can also use the EMI calculator facility offered by BankBazaar by visiting its official website. You will have to enter the necessary details and find the EMIs you will have to pay.
Visit our IDFC bank personal loan status page to get more details. You can also visit the link https://www.idfcfirstbank.com/loanTracking.html. Enter the application number, followed by your registered mobile number and enter the captcha given. Click on continue.
Visit our IDFC bank personal loan customer care page for more details. You can also call on the number 1860-500-9900 in case of any loan related query. If your query is yet to be resolved and wish to escalate the issue, you can call on the number 1800-419-2332. You can also get your queries answered by sending a mail to firstname.lastname@example.org.
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