Login to Internet banking
A brand-new experience - smarter, faster, and secured
Introducing the First-in-industry IDFC FIRST Bank's Super Account
Request a Callback
You gain a dedicated partner committed to helping you reach your full potential and achieve new heights
Know More- Account with Auto-Sweep FD
- Account for all Domestic businesses
- Account for Importers & Exporters
- Account for Start-ups
- Accounts for Trusts/Associations/Societies/Clubs
- Account for Merchants
- Account for Agri Traders
- Account for Self-employed professionals
- Special Purpose Accounts e.g. SNRR, RERA, EEFC
BRAVO (Auto Sweep)
Convert the idle funds in your current account into a fixed deposit with the BRAVO feature.
Know More
Zero Forex Markup Current Account
Maximise your savings and boost profitability with our Zero Forex Markup current accounts
Know More
Make more than one online payment in just a few clicks with IDFC FIRST Bank Bulk Payments
Know More-
Quantum+ Credit Card
Assured Cashback Lifetime Free -
Business Max Credit Card
UPI-ready Lifetime Free Low APR
-
Business Multiplier Credit Card
Zero Forex Metal Card 10X Rewards
-
Hello Cashback
Cashback UPI-ready Assured
-
Gaj: Credit Card
Invite Only Zero Forex ₹12,500
-
Diamond Reserve
Zero Forex Travel ₹3,000
A Card that Powers your Savings & Lifestyle
IDFC FIRST Bank HPCL Credit Card
-
Business Max Credit Card
UPI-ready Lifetime Free Low APR
-
Business Multiplier Credit Card
Zero Forex Metal Card 10X Rewards
-
FIRST Corporate
Lifetime free Travel
-
FIRST Purchase
Lifetime free Working capital needs Rewards
-
FIRST Business
UPI Rewards 1.99 Forex
-
Micro Enterprise Credit card
UPI-ready Udyam registered MSMEs
Most Searched
Earn up to 6.50% interest on your Savings Account
Open Account Now
Download our app
Get instant help for all your queries in one place
Explore Personal
- Accounts
Tools & Calculators
Privilege Program
- Privilege Program
Explore Credit Cards
- Newly Launched New
-
Quantum+ Credit Card
Assured Cashback Lifetime Free
-
Business Max Credit Card
UPI-ready Lifetime Free Low APR
-
Business Multiplier Credit Card
Zero Forex Metal Card 10X Rewards
-
Hello Cashback
Cashback UPI-ready Assured
-
Gaj: Credit Card
Invite Only Zero Forex ₹12,500
-
Diamond Reserve
Zero Forex Travel ₹3,000
-
- Premium Metal Credit Cards
- Lifetime Free Credit Cards
- FD-Backed Credit Cards
- Zero Forex & Travel Credit Cards
- UPI-enabled Credit Cards
- View All
-
Quantum+ Credit Card
Assured Cashback Lifetime Free
-
FIRST Digital
Virtual UPI ₹199
-
Hello Cashback
Cashback UPI-ready FD-Backed
-
FIRST EARN
Virtual FD-Backed 1% Cashback
-
FIRST Power & Power+
Rewards UPI ₹199
-
FIRST WOW! Black
FD-Backed Virtual Travel
-
IndiGo IDFC FIRST Dual Card
Travel Lifestyle ₹4,999
- Affordability & Cashback Credit Cards
- Fuel & Insurance Credit Cards
- Commercial Cards
-
Business Max Credit Card
UPI-ready Lifetime Free Low APR
-
Business Multiplier Credit Card
Zero Forex Metal Card 10X Rewards
-
FIRST Corporate
Lifetime free Travel
-
FIRST Purchase
Lifetime free Working capital needs Rewards
-
FIRST Business
UPI Rewards 1.99 Forex
-
Micro Enterprise Credit card
UPI-ready Udyam registered MSMEs
-
- Others
Unlock features, exclusively available
only on the IDFC FIRST Bank app
Instant Digital Personal Loan Online in India
Get hassle-free personal loans up to ₹15 lakh with 100% digital process
-
-
-
-
-
Personal Loan EMI Calculator
Your EMI will be
₹5,072/month*
Total Interest Payable
₹43,435
Total Amount Payable
₹2,43,435
Check your eligibility
*Personal loan calculator is only for illustration purposes. For actual calculations refer to your Repayment Schedule & Loan Agreement.*T&C Apply
Digital Personal Loan: Instant Approval with Paperless Processing
Digital loans through IDFC FIRST Bank FIRSTmoney simplify borrowing by offering a 100% online process that removes the need for branch visits and physical paperwork. With just a few clicks, you can apply within minutes and receive funds directly into your account. You can apply for a digital personal loan within minutes and get quick access to funds, without any paperwork.
Designed for convenience, flexibility and affordability, Digital personal loans are ideal for addressing financial emergencies, fulfilling personal goals, or managing unforeseen expenses. Their 100% personal loan digital journey and quick disbursal make them an efficient solution for modern financial needs. If you plan to apply for a digital personal loan, the fully online process ensures speed and convenience.
EMI Calculator for Digital Personal Loans
Digital EMI Calculator for personal loan is a financial tool that simplifies your borrowing decisions by estimating your monthly payments based on the loan amount, tenure, and interest rate.
For example,
- • Loan amount: Rs. 1,00,000
- • Tenure: 24 months
- • Interest rate: 9.99% p.a.
- • EMI: Rs. 4,753 p.m.
EMI Calculation Formula:
EMI= [P×r×(1+r) ^n]/[(1+r) ^n −1]
Where:
- • P = Loan amount (₹1,00,000)
- • r = Monthly interest rate = Annual interest rate ÷ 12 = 9.99% ÷ 12 = 0.00916
- • n = Loan tenure in months (24 months)
Calculation:
Using the formula, the EMI works out to ₹4,753 per month.
Total Repayment: ₹4,753 × 24 = ₹1,14,072
Total Interest Payable: ₹1,14,072 - ₹1,00,000 = ₹14,072
Features and Benefits of Digital Personal Loan
Flexible Repayment Plans
Repay your loan conveniently with customisable EMIs and prepay anytime without additional charges or penalties.
0 Foreclosure Charges
Clear your loan sooner without any penalties, save significantly on interest, and keep more of your hard-earned money.
High Flexibility
Get more funds instantly whenever necessary, through quick digital steps designed to meet future financial needs.
Quick Access to Funds
Get approved loan amounts within hours, offering instant financial support during emergencies or urgent personal expenses. This makes it easier to apply for a digital personal loan and receive funds without delays.
Digital Personal Loan Eligibility and Documentation
Digital Personal loan eligibility
You may apply for a personal loan from IDFC FIRST Bank if you meet these –
-
-
-
Digital Personal loan documents required
No uploads are required. Just keep the essentials –
-
-
-
Why Choose a Digital Loan from IDFC FIRST Bank?
Curious about why a digital loan from IDFC FIRST Bank stands out? Here’s why:
• Get funds credited to your account within minutes of approval for urgent needs.
• Close your loan early at no additional cost and reduce interest costs.
• Choose tenure and repayment dates that suit your budget and lifestyle.
• Apply online with zero paperwork and track your loan easily.
• Access multiple on-demand loans anytime without submitting a fresh application every time.
• Interest rates start at 9.99% p.a., keeping repayments manageable.
• Access quick assistance through digital channels and a reliable banking relationship.
What's the Purpose of a Digital Loan?
You can use a digital loan to meet multiple financial needs while keeping your savings intact. Some uses include:
• Quick funding during medical emergencies or hospitalisation.
• Fund wedding expenses like venue, décor, gifts, and more.
• Cover airfare, hotels, and travel experiences with flexible repayments.
• Upgrade home interiors, tackle repairs, and redesign spaces conveniently.
• Combine multiple loans into one affordable EMI.
• Manage festive shopping or celebrations.
• Cover rent or relocation expenses without affecting your savings.
• Stay prepared for sudden expenses with instant loan availability.
Why choose FIRSTmoney by IDFC FIRST Bank for a Digital Personal Loan?
Here is why the digital personal loan from IDFC FIRST Bank stands out:
• Instant access to funds: Get the approved loan amount credited to your bank account within 10 minutes, making it ideal for urgent financial needs.
• Zero foreclosure charges: Close your loan anytime without penalty and reduce your overall interest burden.
• Flexible repayment options: Choose a repayment tenure from 9 to 60 months and EMI date from 3rd to 8th of a month.
• 100% digital process: Apply online without paperwork or document uploads.
• On-demand loan facility: Access additional funds within your approved loan offer without submitting a fresh application each time.
• Competitive interest rates: Benefit from interest rates starting at just 9.99% p.a., ensuring affordable EMIs.
What can you use a Digital Personal Loan for?
You can use a digital loan to meet multiple personal financial needs while keeping your savings intact. Here are some purposes to use a personal loan for:
• Medical Emergencies: Access quick funds for hospitalisation, treatments, or urgent healthcare needs without delay.
• Wedding Expenses: Manage costs such as venue booking, décor, gifts, and other celebrations with ease.
• Travel Plans: Cover flight tickets, hotel bookings, and travel experiences with convenient repayment options.
• Home Improvement: Upgrade interiors, carry out repairs, or renovate your living space comfortably.
• Debt Consolidation: Combine multiple existing loans into one manageable EMI for better financial control.
• Festive & Lifestyle Needs: Handle shopping, celebrations, and personal expenses without disturbing savings.
• Relocation Costs: Manage rent deposits, moving expenses, and setup costs smoothly.
• Emergency Preparedness: Stay financially ready for unexpected expenses with instant access to funds.
What should you consider before taking a Digital Personal Loan?
Interest Rates:
Compare different options to choose a competitive rate that keeps your overall borrowing cost affordable.
Loan Amount:
Borrow only the amount you actually need to avoid unnecessary financial burden and higher EMIs.
Loan Tenure:
Select a repayment tenure that ensures your EMIs remain comfortable as well keep the total interest costs under control.
Easy Guide on How to Apply for a Personal Loan
Step 1
Click on ‘Apply Now’
Step 2
Provide essential details to register
Step 3
Pick the amount and the EMI value
Step 4
Link the bank account for credit
Step 5
Complete KYC via video using your PAN
IDFC FIRST Bank FIRSTmoney is an instant cash loan, providing digital loan offers of up to ₹15 lakhs, accessible through a paperless and 24/7 digital journey. Borrow and repay as needed with no reapplication required.
Things to Consider Before Applying for a Digital Loan
Interest Rate
Compare to find competitive rates.
Loan Amount
Borrow only as much as needed.
Loan Tenure
Choose a tenure with manageable EMIs.
Interest Rates & Charges for Personal Loan
Low Interest Rate
Rates offered from 9.99% p.a.
Know more about personal loan interest rates
Processing Fee
Processing fee starting at 1.5%
[View fees & charges]
Flexible Loan Tenure
Tenure choices: 9–60 months
Know Fees and Charges of your Digital personal loan
Digital Loan Interest Rate, Charges, and Processing Fees
Particulars | Details |
Interest Rate | Starting at 9.99% p.a. |
Processing Fee | Processing fees 0% to 3.5% of loan amount (incl. GST) (0 processing fee is available on select loan amounts) |
Foreclosure Charges | No charges for foreclosure |
Dos and Don’ts about Digital Personal Loan
Dos
- Understand the loan before you commit
- Choose the EMI value on the basis of your income level
- Stay regular with your repayments
- Check eligibility to avoid rejection
- Use digital platforms for faster processing
Don’ts
- Do not assume low EMI means lower cost
- Avoid ignoring your credit score
- Do not depend on short-term loans repeatedly
- Avoid incomplete application details
- Do not borrow without planning repayment
Things to know about Digital Personal Loan
Eligibility Criteria
To apply for a digital personal loan, you need a steady income, meet the minimum salary requirement of ₹10,000, and maintain a CIBIL score of 710 or above.
Processing fees & charges
Go beyond the interest rate and review all charges. FIRSTmoney keeps things transparent so that you can plan better.
Interest rates
Interest rates affect your EMI and repayment. Get competitive rates with FIRSTmoney, starting from 9.99% p.a.
Easy loan comparison
Comparing loans helps you choose better options. FIRSTmoney provides clear and upfront details for faster comparison.
Better financial planning
Flexible tenures and zero foreclosure charges help you manage repayments efficiently.
Tips to use your Digital Personal Loan smartly
Tip 1
Keep your finances organised
With our digital-first approach, track your EMIs to manage repayments effectively.
Tip 2
Avoid borrowing too much
Avail only the amount that you require and prevent unnecessary interest burden.
Tip 3
Build consistent repayment habits
Timely payments can help you maintain a strong credit profile.
Common Questions About Digital Personal Loans
What are digital loans??
Digital loans are online personal loans that eliminate the need for paperwork or branch visits. They offer a seamless application process, making it easy to access funds from the comfort of your home
What are the benefits of taking a digital loan?
Digital loans come with several advantages, including quick processing, flexible loan amounts tailored to your needs, and competitive interest rates that make repayments affordable.
What is the eligibility for a digital loan?
To apply for a digital loan, you must be a salaried or self-employed individual aged 21 to 60 years with a minimum CIBIL score of 730.
What documents are required to apply for a digital loan?
You need to furnish your original PAN Card during the V-KYC (Video KYC) to complete the application process.
Get FIRSTmoney Smart Personal Loan of Different Amounts
Personal Loan for Multiple Purposes
Travel Personal Loan
Don’t let finances hold back your travel plans. With FIRSTmoney’s travel loan, cover flights, accommodation, shopping, and experiences easily. Instant approval, minimal paperwork, zero foreclosure fees, and affordable EMIs mean you travel worry-free. Be it a solo trip or a family vacation, fund your travel smartly, preserve savings, and repay with ease while enjoying every destination.
Debt Consolidation Loan
Tired of dealing with several EMIs? FIRSTmoney’s personal loan for debt consolidation lets you combine all debts into one repayment. Get attractive interest rates, extended tenures, and no foreclosure charges. This helps you control finances better, improve credit health, and reduce monthly stress. Pay smarter, save more, and achieve financial balance with a single manageable loan.
Emergency Personal Loan
Unplanned expenses shouldn’t put your life on hold. FIRSTmoney’s emergency loan supports instant disbursals for medical needs, car breakdowns, household repairs, or urgent personal expenses. With super-fast processing, minimal documentation, and a 100% online process, money is credited to your account without delays. After all, in tough moments, you should take care of what matters most instead of stressing over finances.
Wedding Personal Loan
A wedding should be filled with joy, not financial anxiety. FIRSTmoney’s wedding loan covers everything, from venue, catering, and decoration to photography and gifts. You get funds instantly with simple documentation and enjoy flexible repayment plans. Spread costs with easy EMIs while enjoying competitive interest rates. Make your special day truly magical, beautiful, and free from monetary stress.
Home Renovation Loan
Give your house the upgrade it deserves with FIRSTmoney’s personal loan for home renovation. Go for fresh interiors, cosy furniture, or quick repairs without touching your savings. With fast approvals, low interest, and flexible EMIs, making your home stylish, comfortable, and truly yours is now simple and affordable. Make your house the home of your dreams while enjoying flexible repayments.
Our App Ratings from 2.64M+ happy users
Personal Loan Tips & Insights: Your Guide to Smarter Borrowing
Types of personal loan charges you should know about
24 Jul 2026 | 3 mins read
How to Get a Personal Loan with a Low CIBIL Score
24 Jul 2026 | 3 mins read
What are Personal Loan Prepayment Charges?
24 Jul 2026 | 3 mins read
What is the Eligibility Criteria for a Personal Loan?
24 Jul 2026 | 3 mins read
Why Making Partial Payments on Your Personal Loan is a Smart Move
24 Jul 2026 | 3 mins read
Personal Loan Repayment Strategies
24 Jul 2026 | 3 mins read
Ways to Increase your CIBIL Score from 600 to 750
24 Jul 2026 | 3 mins read
How to use an Instant Personal Loan for large purchases during sale season
22 Jul 2026 | 3 mins read