Requirements for IDFC First Bank Personal Loan
✅ Age between 21 and 60 years
✅ CIBIL score of 750 or higher
✅ Stable employment or self-employment
✅ Stable income
Documents required to secure your loan
✅ Valid identification document
✅ Updated income proof
✅ PAN card
✅ Proof of residence
Approval depends on meeting these criteria, and the bank may request other documents if necessary.
How to get your IDFC First Bank Personal Loan
If you’re wondering how to get your IDFC First Bank Personal Loan, the process is entirely digital and user-friendly. Just access the official bank website or mobile app. Start by entering your mobile number, confirm your details, and select the loan that fits your profile.
Next, provide your bank account information and complete a brief verification. Once done, you’ll receive your loan amount within 24 hours. Remember, how to get your IDFC First Bank Personal Loan also depends on meeting all eligibility criteria and the bank’s internal policy.
In case of denial, you may reapply after a certain period. Stay informed about your credit score and documentation, this is crucial if you want to know exactly how to get your IDFC First Bank Personal Loan approved swiftly.
How to make your installment payments easier
Paying the installments is as easy as applying. Choose auto-debit, NetBanking, or manual transfer, whatever fits best in your budget and schedule.
Understanding fees and costs
Interest rates start at 10.99% p.a., plus a 2% processing fee. Late payments may incur a 2% penalty on the overdue amount. Additional fees like ₹500 may apply for service changes, but there’s no prepayment charge, a major advantage of the IDFC First Bank Personal Loan.
Take the first step toward your financial freedom
Now that you know how to get your IDFC First Bank Personal Loan, don’t wait. Apply now and take full control of your finances.