Lowest IDFC Bank Personal Loan Interest Rates Fulfill Your Urgent Need

If you want to manage the high expenses of your wedding, education, foreign vacation or any other medical emergency then you can apply for IDFC Bank Personal Loans. It provides you a loan amount up to INR 20 lakh with the lowest starting rate of interest on your loan amount. You can pay the borrowed loan amount in 3 to 60 months through equated monthly loan installments (EMI), calculate your loan installments using IDFC Bank Personal Loan EMI Calculator. Read the given article to know more about the IDFC Bank Personal Loan Interest Rates and other benefits of the loan.
Details of the IDFC Bank personal loan
IDFC Bank provides you personal loans to satisfy your urgent requirement of money, you can borrow your desired loan amount ranging from INR 1 to 20 lac. The IDFC Bank Personal Loan Interest Rates is ranging from 11.69% to 15.00%, rate of interest of IDFC personal loan is fixed, and is charged on a monthly reducing basis. You can estimate your loan EMIs using the IDFC Bank Personal Loan EMI Calculator.
Pay a processing fee to IDFC Bank for your personal loan which is 2% to 3.5% of your loan amount, the processing fee of your IDFC personal loan is non-refundable and deducted from your account after the loan disbursal. You can also reduce your loan EMIs by making pre or part payment of your loan, IDFC Bank doesn’t charge any prepayment fee from you and you can pre or part pay your loan amount after 3 EMIs.
Use IDFC Bank Personal Loan EMI Calculator to manage your loan
Compute your loan installments easily without doing any complex calculations, just enter your loan details inside the IDFC Bank Personal Loan EMI Calculator and you will instantly get the loan EMI. The personal loan EMI calculator works on the formula [P x R x (1+R)^N]/[(1+R)^N-1] where P is your borrowed principal loan amount, N is the loan duration and R is your applicable rate of interest. With the accurate and instant EMI calculation, you can choose a suitable loan tenure to make your loan payments through electronic clearing system (ECS), post dated cheque (PDC) or using auto-debit feature.
Benefits of taking IDFC personal loan
  • Easy Application: You can apply for instant Personal Loan from IDFC Bank using the online banking services. The bank informs you whether you are eligible for a personal loan within 2 minutes or you can also use IDFC personal loan eligibility calculator to know your loan eligibility. 
  • High Disbursal Amount: IDFC Bank provides personal loans to both salaried self-employed professionals. You can borrow a principal loan amount from Rs 1 Lakh to Rs 25 Lakhs depends on your eligibility.
  • Flexible Tenures: You can repay your Personal Loan in flexible tenures ranging from 1 to 5 years.
  • Borrow more if you need: You can borrow extra money by using IDFC Bank top-up facility, it is available only for the existing loan customers.
Now easily fulfill your urgent requirement with IDFC personal loans which provide you several benefits & lower rate of interest on your loan amount. 

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