IDFC Bank Personal Loan offer starts @10.99%

Get instant approval on your online Personal Loan at the lowest interest rates through SalariedLoans. Find the best offers for yourself at SalariedLoans. Whether you are salaried or self-employed, we provide personal loans starting from 10.75%.

Complete Online Process.

IDFC Personal Loan Online
IDFC Personal Loan

IDFC Bank Personal Loan

IDFC Bank, one of the largest leading lenders in the India. IDFC offers best rate of interest on the Personal Loan. IDFC personal loan starting at interest rate starting 11.25%* p.a. IDFC Bank offers Personal Loans at best competitive interest rates, flexible tenures, affordable EMI's and fast disbursals.

IDFC bank focus on product quality and service excellence has helped us garner the appreciation of both national and international organizations.

Get IDFC Personal Loan Interest Rates

Key Features of IDFC Personal Loan

HDFC bank has attractive and beneficial features on its Personal Loan, below are some list of features:

  • Competitive Interest rate: Affordable and Flexible Interest Rates. The interest rate starts from 11.25% and goes up to 21% depending on the credit score of applicants.
  • Special Offers for IDFC Bank Customers: If your Salary account in IDFC Bank, you are eligible for special offers and interest rates. The bank has several attractive offers exclusively for its own customers.
  • Easy and Fast Personal loan: You can get a quick personal loan through a fast processing system. You can visit our website to check your eligibility and complete the documentation and other formalities. It is an easy and quick process.
  • Insurance Cover: You get an insurance cover along with your personal finance scheme for a nominal premium.
  • Personal Loan Balance Transfer: If you already have a personal loan, you can transfer it to your IDFC bank account to get a lower interest rate.

IDFC Personal loan Interest Rates 2019
Interest rate Salaried - 10.99% to 24%
Processing Charges Upto 2% of the loan amount subject to a min of ₹ 1.5% & Max of ₹ 2% for Salaried.
Pre-payment charges 5% charges on the remaining principle.

NOTE: Rate of Interest & Processing Fees, depends on the loan amount and company category.

Factors on IDFC Personal Loan Interest Rates

Get Rate of Interest quote based on your Salary and Company

The interest rate will vary and set by IDFC Bank based on a number of many factors such as the Income, Company, Loan amount, Job type, gender, credit score and tenure chosen, etc. Yes, one can negotiate for a favorable interest rate but at the discretion of the bank.

  • Fixed interest rate: is when a fixed rate is set on the personal loan and you have to pay a fixed amount of interest throughout the tenure.

  • Processing Fees: The processing fee charged by IDFC personal loans is up to 2.5% of the loan amount subject to a minimum of ₹1,999 and maximum of ₹25,000.

IDFC Personal Loan Eligibility Criteria

The following people are eligible to apply for a IDFC Bank Personal Loan:
- Individuals who have had a job for at least 2 years, with a minimum of 1 year with the current employer.
- Individuals between 21 and 60 years of age.
- For IDFC Bank Personal Loan, minimum salary should be 20,000/-pm. Check Eligbility

Documents Required for IDFC Personal Loan

IDFC Bank requires a set of documents for authentication purposes for your personal loan:

  • Loan Application: Fill it up online within two minutes.
  • Identity Proof: Voter Id Card/Passport/Driving License/Aadhar Card
  • Address Proof: Aadhar Card/ Passport/ Telephone or Electricity bill/ Ration Card/ Rental Agreement.
  • Bank statement: Bank statement of last 3 months or bank passbook of 6 months.
  • Salary Slip: Salary slip of the last 3 months with Form 16.
HDFC Personal Loan Documentation

IDFC Personal Loan Process @SalariedLoans

Simple, Quick and Easy Documentation.
loan icon

Choose Personal Loan Amount

Choose your IDFC Personal loan amount and terms to use loan

doc icon

Provide Document

Need to provide some basic document to verification

approved icon

Approved Loan

Our IDFC Personal loan team specialist ask few questions and verify documents.

amount icon

Get your Money

Once Personal loan aprroved you get loan amount credit.

Quick loan Process

Quick Loan

Customer Satisfaction


No Hidden Charges

No Prepayment or
Hidden Fees

Best After Sales Support

Best After Sales Service