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Product Hom e Loan

Products & Services (12)

Apply Now Product Hom e Loan
Apply Now Product Loan Agaisnt Property - Hom e Loan
Apply Now Product Balance Transfer - Hom e Loan
Apply Now Product Hom e Loan EMI Calculator
See 8 More Results

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Download Form Hom e Loan Application Form
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Savings Account with industry best 7% Interest

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FIRST Power/ FIRST Power+ HPCL Credit Card

Ready to scale?

Find out your business loan limit!

Business operating duration

Business location

Monthly average banking balance

₹2L
₹3Cr

Business location

How is your eligibility calculated?

Loan eligibility is based on your average monthly balance, a safety factor for fluctuations, and EMI coverage assessment.

Know more

What is average banking balance?

Your average balance is the total of daily balances divided by days in a month. A high, consistent balance reflects stability and boosts loan...

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Congratulations!

You are eligible for a loan of upto

₹10,80,000

Apply now

Final eligibility may vary based on detailed assessment and policy norms.

Not happy with eligibility?

You can also check your eligibility based on your business financials and GST data

Why choose IDFC FIRST Bank for your business loan?

Loan tenure up to 48 months

Enjoy the flexibility to manage your cash flow effectively

Fast approval with minimal documentation

Saves you time and effort, allowing you to focus on your business

Collateral-free funding with low interest rates

Access funds without the need for a collateral at attractive interest rates

Flexibility between term loan and overdraft

Choose between a term loan with fixed repayments or a dropline overdraft facility to withdraw funds as needed

Ready to scale?

Find out your business loan limit!

Industry

Annual Turnover

₹3L
₹10Cr

Net Profit

₹3L
₹3Cr

Annual Depreciation

₹10K
₹1Cr

Existing Loan EMI/Month

₹10K
₹10L

Business types for eligibility

We need to understand your business in order to assess your loan eligibility. Help us understand whether your business is in manufacturing...

Know more

Loan eligibility factors

Loan eligibility is determined by your industry, annual turnover from GST data, and existing EMI obligations.

Know more

Congratulations!

You are eligible for a loan of upto

Apply now

Final eligibility may vary based on detailed assessment and policy norms.

Why choose IDFC FIRST Bank for your business loan?

Loan tenure up to 48 months

Enjoy the flexibility to manage your cash flow effectively

Fast approval with minimal documentation

Saves you time and effort, allowing you to focus on your business

Collateral-free funding with low interest rates

Access funds without the need for a collateral at attractive interest rates

Flexibility between term loan and overdraft

Choose between a term loan with fixed repayments or a dropline overdraft facility to withdraw funds as needed

Apply Now
Open Account

Personal Loan Eligibility

A personal loan eligibility calculator is an online tool that helps you assess whether you qualify for a personal loan based on key factors such as your income, existing financial obligations, age, and employment type. It streamlines the loan planning process by providing a clear picture of your eligibility before you apply. IDFC FIRST Bank’s personal loan eligibility calculator delivers instant and accurate results, helping you make informed financial decisions with confidence.

Whether you're planning a wedding, taking a trip, managing a medical emergency, or covering other personal expenses, consider IDFC FIRST Bank’s FIRSTmoney — a smart personal loan that offers instant access to funds of up to ₹10 lakhs. With FIRSTmoney, you benefit from competitive interest rates starting at just 9.99% p.a., zero foreclosure charges, and flexible repayment tenures ranging from 9 to 60 months. Use the personal loan eligibility calculator to find out how much you can borrow and apply for a FIRSTmoney personal loan to meet your financial goals with ease.

How the Personal Loan Eligibility Calculator Works

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  • Input information: Enter details like your monthly income, fixed expenses, and tenure.
  • Eligibility Estimate: The calculator uses your provided details to estimate the loan amount you could be eligible for.
  • Instant Results: The tool instantly generates results, giving you an overview of your loan eligibility, helping you determine how much you can borrow.

By using this calculator, you can assess your eligibility quickly and make informed decisions regarding your financial needs.

How to Use the Personal Loan Eligibility Calculator

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  • Step 1: Add your monthly income and expenses
  • Step 2: Adjust the tenure based on your repayment capacity
  • Step 3: You can then compare your eligibility with FIRSTmoney smart personal loans versus other loan products to determine the best option for you

Criteria for Personal Loan Eligibility

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  • Age: Applicants must be between 21 to 60 years old.
  • Employment Type: Both salaried and self-employed individuals can apply for FIRSTmoney.
  • Monthly Income: Your monthly income plays a key role in determining the loan amount you are eligible for.
  • Late Payment Fee - 15% of Total Amount Due (subject to a minimum of ₹100 and a maximum of ₹1300)
  • Credit Score: A credit score of 730 or higher is required for FIRSTmoney to ensure favorable terms and faster approvals.

If you meet the criteria, IDFC FIRSTmoney offers a flexible borrowing experience, with competitive personal loan interest rates and the facility to repay the loan in convenient EMIs or in full without any foreclosure charge. With a digital process, IDFC FIRST Bank’s FIRSTmoney provides a convenient way to access funds for personal needs, while ensuring a simple and transparent borrowing process.

Factors That Affect Personal Loan Eligibility

Your preferred drive for a life in the fast lane

  • Monthly Income: The higher your income, the more loan amount you may qualify for
  • Credit Score: A good credit score (730 and above) increases chances of approval
  • Existing Debts: Current financial obligations, such as other loans or EMIs, can affect your eligibility
  • Employment Type and Job Stability: Lenders evaluate your employment history and job stability to assess your ability to repay the loan
  • Age and Loan Tenure: Your age and the loan tenure also play a role in the decision-making process
Apply Now

Different Types of Personal Loan & Related Searches

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Personal Loan

IDFC FIRST Bank Personal Loan – Quick, hassle-free, and tailored to meet your financial needs.

Apply now
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Personal Loan EMI Calculator

Plan your repayments effortlessly with the IDFC FIRST Bank Personal Loan EMI Calculator.

Know more
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Personal Loan Interest Rate

Get competitive interest rates on IDFC FIRST Bank Personal Loans for an affordable borrowing experience. One

Know more
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Debt Consolidation Loan

Simplify your finances by consolidating multiple debts with an FIRSTmoney's Debt Consolidation Loan.

Apply now
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Emergency Loan

Get instant financial support during urgent times with an IDFC FIRST Bank Emergency

Apply now
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Travel Loan

Make your dream vacation a reality with an IDFC FIRST Bank Travel Loan.

Apply now
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2 Lakh Loan

Get an instant ₹2 lakh Personal Loan from IDFC FIRST Bank with quick approval and flexible repayment options.

Apply now

Personal Loan Eligibility FAQs

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Is there joining/membership fee for IDFC FIRST Bank credit cards?

There is no joining membership fee applicable on any of IDFC FIRST Bank credit cards.

What are the documents required for processing a credit car application?

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What is the interest rate lev ied if there is a delay/non payment of my credit card dues?

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