Pre-loan Eligibility checker
Last updated on: July 22, 2025
Considering a personal loan from IDFC First Bank but unsure about your eligibility? Look no further than the IDFC First Bank Personal Loan Eligibility Calculator. IDFC First Bank offers personal loan upto 10 Lakhs at competitive interest rates with flexible repayment schedules along with zero prepayment charges. The rate of interest of personal loan from IDFC First bank begins at 10.99%.
Eligibility Criteria | Minimum Requirement |
---|---|
Age | 23 years to 60 years |
Income | Minimum monthly income of ₹25,000 |
Employment Type | Salaried individuals and self-employed |
Work Experience | Minimum 2 years of total work experience |
CIBIL Score | Preferably 700 and above |
Citizenship | Indian resident |
Loan Amount | Up to ₹25 lakhs |
Loan Tenure | Up to 60 months |
Instant Assessment: The calculator provides an instant assessment of your eligibility for a personal loan from IDFC First Bank. You don’t have to wait for days to know whether you qualify or not.
Convenience: You can access the calculator online from the comfort of your home or office, at any time that suits you. This saves you the hassle of visiting a bank branch or speaking to a loan officer in person.
Accuracy: The calculator takes into account various financial factors such as your monthly income, existing liabilities, and desired loan amount. This ensures that you receive an accurate assessment of your eligibility based on your current financial situation.
Transparent Process: By using the eligibility calculator, you get transparency in the loan application process. You understand the need, reducing the likelihood of disappointment or surprise later in the application process.
The calculator uses inputs like loan amount, tenure, and interest rate to estimate monthly EMIs, helping borrowers plan repayment.
While it provides a close estimate, final loan terms may vary based on additional factors considered during the application process.
Yes, modifying the tenure allows borrowers to see how it impacts monthly installments and total repayment amount.
No, it’s a tool for estimation and doesn’t involve a credit check, ensuring no impact on credit scores
Written by Prem Anand, a content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors.
Prem Anand is a seasoned content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors. He has a strong command of industry-specific language and compliance regulations. He specializes in writing insightful blog posts, detailed articles, and content that educates and engages the Indian audience.
The content is prepared by thoroughly researching multiple trustworthy sources such as official websites, financial portals, customer reviews, policy documents and IRDAI guidelines. The goal is to bring accurate and reader-friendly insights.
This content is created to help readers make informed decisions. It aims to simplify complex insurance and finance topics so that you can understand your options clearly and take the right steps with confidence. Every article is written keeping transparency, clarity, and trust in mind.
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