Private bank
IDFC FIRST Bank
A newer private bank with a strong retail lending focus and digital onboarding.
Best for: Salaried personal loan borrowers and small businesses.
Apply with pre-screening
We check your profile against IDFC FIRST's policy and others on the panel before any application.
Typical strengths
- Competitive personal loan rates
- Flexible business loan programmes
- Digital-first processing
Interest rates, fees and eligibility shown on this site are indicative, vary by lender and borrower profile, and are subject to change without notice. Always read the lender's Key Fact Statement (KFS) before signing. Loan approval and terms are decided solely by IDFC FIRST Bank under its credit policy.
Products
What we arrange with IDFC FIRST
- Personal Loan
- Home Loan
- Business Loan
- Loan Against Property
- Car Loan
- Used Car Loan
- Gold Loan
- Professional Loan
Personal Loan
Collateral-free personal loans from ₹50,000 to ₹50 lakh at rates starting around 10.25% p.a., with disbursal typically within 48 hours of approval.
- Rate from
- 10.25% p.a.
- Up to
- ₹50 L
Home Loan
Home loans from ₹5 lakh to ₹10 crore at floating rates from about 7.35% p.a., with up to 90% funding and tenures up to 30 years, across banks and housing finance companies.
- Rate from
- 7.35% p.a.
- Up to
- ₹10 Cr
Business Loan
Unsecured business loans from ₹2 lakh to ₹1 crore for proprietors, partnerships and companies, at rates from about 14% p.a., with tenures up to 5 years and minimal collateral requirements.
- Rate from
- 14.00% p.a.
- Up to
- ₹1 Cr
Loan Against Property
Loans against residential, commercial or industrial property from ₹10 lakh to ₹15 crore at rates from about 8.75% p.a., with tenures up to 15 to 20 years and funding up to 70% of market value.
- Rate from
- 8.75% p.a.
- Up to
- ₹15 Cr
Our read
Where IDFC FIRST fits
IDFC FIRST is one of the more genuinely digital lenders on the panel, and it shows most on unsecured personal loans for salaried applicants, where a well-documented file can move quickly without a branch visit. For a borrower who wants speed and has nothing unusual in their profile, it is a strong first look.
The business lending programmes are more flexible than a traditional bank's, which makes the bank useful for a small firm that is real and profitable but does not present the polished accounts a public sector lender expects. That flexibility is priced in, so it is a trade rather than a free advantage.
Worth knowing
- Flexibility on business files is reflected in pricing; a firm with clean audited accounts will usually do better at a larger bank.
- As a newer franchise, the branch network is thinner than at an established bank if you prefer to be served in person.
Our assessment, not a statement of IDFC FIRST Bank’s policy. Terms are set by the lender and can change.
Questions
IDFC FIRST: common questions
How fast is a personal loan here?
For a salaried applicant with documents ready, it is among the quicker routes on our panel. Speed still depends on your profile being straightforward, and we tell you if it is not.
Will it lend to my small business?
Its programmes are more accommodating than a traditional bank's, which helps a profitable firm without polished accounts. Expect that flexibility to be priced in.
Do I have to visit a branch?
Usually not for an unsecured retail loan. Secured lending still involves property and legal steps that cannot be done entirely online.
Compare
Other private banks on the panel
The best lender for you depends on your profile. We compare before you apply.
Is IDFC FIRST the right lender for you?
Share your requirement and we will compare it against the whole panel, at no cost and with no bureau enquiry.