You will get a personal loan of up to Rs 10 lakh from IDFC First Bank, apply here

IDFC First Bank Personal Loan 2024: Today’s post is very important for IDFC First Bank customers because today we are going to talk about IDFC First Bank Personal Loan. If you are a customer of this bank and need a personal loan then let us tell you that this bank offers personal loans to its customers ranging from Rs 5000 to a maximum of Rs 10 lakh.

For your information, let us tell you that their initial interest rate is 10.99% per annum and you can get the loan amount as per your needs for a maximum period of 5 years. Later in this post we will tell you how to apply for a personal loan from IDFC First Bank., What is your interest rate, who is this loan for, what are your eligibility requirements and documents, etc.? For complete information, you must read this post completely.

IDFC First Bank Personal Loan 2024

IDFC First Bank offers personal loans to its customers for marriage, travel, healthcare, home renovation, etc. If you need a loan to meet these purposes, you can get an instant loan online from this bank at an interest rate of 10.99% per annum. You can also get a personal loan. With IDFC First Bank personal loan, you can get a huge loan amount up to a maximum of Rs 10 lakh, however, for this you will have to abide by the simple terms and conditions of the bank, about which we will tell you more.

IDFC First Bank Personal Loan Interest Rate

IDFC First Bank personal loan facility is open for employed and self-employed candidates whose initial interest rate is 10.99% per annum. Apart from this, up to 2% of the loan amount is required to be paid as processing fee. The loan interest rate is applied by evaluating other factors such as the individual’s monthly income, loan amount, credit history, employment profile, financial records, etc.

The government is providing loans up to Rs 10 lakh for businesses; check the application process here

Benefits of IDFC First Bank Personal Loan

• Employed persons or persons running businesses can apply for this loan.
• Depending on eligibility, one can apply for a maximum loan of Rs 10 lakh.
• Instant loan service is available.
• The online application platform is now available.
• The initial interest rate on this loan is 10.99% per year and the processing fee is also only 2%.
• This is an excellent option to obtain a loan as soon as possible, since no long procedures are required.

Eligibility for IDFC First Bank Personal Loan Eligibility

If you need a personal loan from IDFC Bank, you will need to meet some terms and conditions i.e. qualifications made by the bank, which are as follows:

• For employed applicants
  • Applicants whose minimum age is 23 years and the maximum age at the time of expiration is 60 years. They must have at least 2 years of work experience.
  • CIBIL score should be good.
• For non-employed applicants
  • Applicants whose age is 25 years at the time of loan application and 60 years or older at the time of loan maturity must have a minimum of 3 years of experience in business.
  • CIBIL score should be good.

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Documents required for IDFC First Bank personal loan

To apply for IDFC First Bank personal loan, both employed and non-employed applicants will need the following documents:

• aadhar card
• PAN card
• Form 16
• Passport
• Voter ID
• driving license
• Electricity, water or gas connection bill for proof of address
• bank book
• Bank statement for the last 3 months.
• Pay stub for the last 3 months.
• Mobile number, etc.

Navi app offers personal loans ranging from Rs 5000 to Rs 20 lakh, apply online this way

How to apply for IDFC First Bank personal loan online?

If you need a loan, then First Bank IDFC Personal Loan You can apply online. Please follow the procedure below to apply:

• First of all, you First IDFC Bank Of official website But I have to go.
• After visiting their official website, click on the “Loans” option found on the homepage.
• After clicking, the option to Request a Personal Loan will appear in front of you, you will have to click on this option.
• As soon as you click, a page will open where you will need to enter some important information in detail.
• After entering the information, the required documents must be uploaded and the processing fee must be paid.
• After this, the loan amount will be transferred to your account as soon as possible within 15 days.