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Tired of lengthy paperwork and complex loan processes? FIRSTmoney personal loan is a smarter, faster way to borrow. Designed for your dynamic financial needs, FIRSTmoney helps you access up to ₹7 lakh quickly and conveniently.
You can access multiple loans from your approved limit—anytime, as needed—without having to reapply. Plus, you pay interest only on the amount you use. With flexible repayments and zero foreclosure charges, FIRSTmoney gives you complete control over your loan journey.
Check your personal loan eligibility
FIRSTmoney smart personal loans are available to individuals with a good credit score. Here are the basic eligibility requirements.
To apply for a ₹7 lakh personal loan from FIRSTmoney, all you need is to present your Aadhaar card number and physical PAN card at the time of completing the video KYC process.
| Loan Amount (Rs.) | Interest Rate (p.a) | Tenure | Approx EMI (Rs.) |
| ₹7,00,000 | 9.99% | 9 months | ₹81,051 |
| ₹7,00,000 | 9.99% | 1 year | ₹61,538 |
| ₹7,00,000 | 9.99% | 2 years | ₹32,298 |
| ₹7,00,000 | 9.99% | 3 years | ₹22,584 |
| ₹7,00,000 | 9.99% | 4 years | ₹17,750 |
| ₹7,00,000 | 9.99% | 5 years | ₹14,869 |
Enjoy pocket-friendly interest rates with no hidden charges
Know the current personal loan interest rates
Once you get your sanctioned FIRSTmoney loan of ₹7 lakh, you can opt for multiple on-demand loans up to your approved loan offer.
For FIRSTmoney loans, you need to be an Indian resident aged between 21 to 60 years, salaried or self-employed, and have a good credit score of 710 or above
Yes, FIRSTmoney offers a 100% digital journey, allowing you to apply for and manage your loan entirely online, from the application to disbursal process.
Yes, FIRSTmoney offers foreclosure benefits, allowing you to close your loan ahead of schedule without any penalties, saving you on interest costs.
FIRSTmoney offers flexible loan repayment options with various tenures to choose starting from 9 months going all the way up to 5 years, allowing you to tailor your repayment schedule to match your financial situation.
FIRSTmoney ensures swift disbursal of loans. Once all necessary documentation is provided and verified, you get your approved loan offer sanctioned instantly. Subsequently, you can start using the funds anytime.
You can easily calculate your EMIs using IDFC FIRST Bank’s personal loan EMI calculator, which takes into account factors such as the loan amount, interest rate, and tenure.
While specific income requirements may vary, typically, you need to have a stable income that meets FIRSTmoney's eligibility criteria to qualify for a loan of ₹7 lakh.
Apply instantly via the IDFC FIRST Bank mobile app