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
A Card that Powers your Savings & Lifestyle
IDFC FIRST Bank HPCL Credit Card
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
Unlock features, exclusively available
only on the IDFC FIRST Bank app
Emergency Personal Loan Online up to ₹15 Lakhs
Apply for online emergency loan instantly and access funds without delay.
-
-
-
-
Emergency 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. **For select loan amounts
Emergency Personal Loan
In times of financial crisis, many people turn to emergency loans to quickly access funds. Traditional personal loans can often take days or even weeks to process, leaving individuals in urgent need of cash stranded. When you need an urgent personal loan, a smart personal loan like FIRSTmoney can be a lifesaver. It offers a quick and easy solution for meeting urgent cash needs. You can apply for an emergency loan to manage unexpected expenses without disrupting your finances.
What is an Emergency Loan ?
An urgent personal loan from FIRSTmoney allows you to borrow up to ₹15 lakh instantly, making it a unique and flexible loan option. In contrast to traditional loans, FIRSTmoney offers instant approvals with zero physical documentation, flexibility to obtain additional funds, and zero foreclosure benefits if you ever choose to close your emergency loan before maturity. These features make it an affordable option for emergency situations. If you plan to apply for an emergency loan, it’s important to assess your repayment capacity beforehand.
One of the biggest advantages of taking an emergency loan from FIRSTmoney is the speed at which you can access the funds. The application takes a few minutes and can be completed in just five steps. You can use the funds as a safety net for emergencies, ensuring you can get money in your account within seconds when you need an urgent loan online.
Emergency Personal Loan Features
Zero Foreclosure Charges
Say goodbye to foreclosure charges and repay your outstanding emergency loan amount whenever you want without worrying about additional fees.
Flexible loan repayment options
Enjoy customizable emergency loan EMI repayment options, with flexible tenure choices to suit your financial situation, perfect for those seeking an urgent personal loan.
Swift disbursal
Our advanced technology ensures a quick, paperless process with swift fund transfers directly to your bank account.
Lower Interest Rates
Avoid the high interest rates of credit cards with FIRSTmoney, where emergency loan interest rates start at just 9.99%.
Greater Flexibility
Enjoy the flexibility to obtain additional urgent loans like never before. With just a few clicks, get extra funds anytime to meet your financial requirements during emergencies.
Benefits of Taking an Emergency Personal Loan
Protect your savings
Instead of depleting your savings and retirement fund, a FIRSTmoney emergency loan allows you to keep your savings intact while addressing the financial emergency.
Financial safety net
Instant loans from FIRSTmoney act as financial safety net against various emergencies, and you can use the funds for any purpose without constrains to deal with your financial urgencies.
Get Up to ₹15 lakh Emergency Loan
Get an emergency loan offer of up to ₹15 lakh, allowing you to finance unexpected expenses such as medical bills, relocation, and car repairs.
Emergency Loan Interest Rates & EMI Details in India
FIRSTmoney offers emergency loans online at competitive interest rates to meet your urgent loan needs without hassles. These loans are ideal for accessing emergency funds quickly and conveniently. However, interest rates may vary based on the loan amount and tenure, ensuring flexibility. For accurate estimates, use a personal loan EMI calculator. Below are the interest rate charges and EMI details
Emergency Loan Interest Rate
| Types of fees | Applicable charges |
| Emergency loan interest rate | Interest rate starts from 9.99% p.a., calculated on a reducing balance basis. |
| Processing fees | Processing fees 0% to 3.5% of loan amount (incl. GST) (0 processing fee is available on select loan amounts) |
| Late payment fees | 2% of the unpaid EMI |
| Stamping charges | As per actuals |
| Foreclosure charges | Nil |
| EMI bounce charges | ₹500 |
| Cheque or mandate swap charges | ₹500 |
| EMI pickup or collection charges | ₹500 |
| Physical statement of account / Repayment schedule | Nil |
Our App Ratings from 2M+ happy users
Emergency Loan Eligibility and Documentation
Emergency loan eligibility
To qualify for an IDFC FIRST Bank personal loan, ensure the following –
-
-
-
Emergency loan documents required
No upload of documents is required during the process. Keep these ready –
-
-
-
Check your eligibility in seconds using our emergency loan eligibility calculator before you apply.
How to Apply for Personal Loan Step-by-Step Guide
Step 1
Click the ‘Apply Now’ button
Step 2
Sign up using your primary details
Step 3
Set your preferred loan amount and EMI
Step 4
Connect the bank account for receiving funds
Step 5
Complete video KYC by showing your PAN
Fees and charges
Fees and charges
Low interest rate
Interest rate starts from 9.99% p.a., calculated on a reducing balance basis.
Processing fee
Processing fees 0% to 3.5% of loan amount (incl. GST) (0 processing fee is available on select loan amounts)
[View fees & charges]
Flexible loan tenure
Flexible 9–60 months
Factors to Consider Before Taking an Emergency Loan
When applying for an emergency loan, consider the following five factors:
- Interest rates: Assess the interest rates offered, as higher rates can significantly increase the total repayment amount.
- Loan amount: Ensure the emergency loan amount meets your emergency needs without borrowing excessively.
- Fees and charges: Be aware of any additional costs, such as processing fees or prepayment penalties, which can impact the overall cost of the emergency loan.
Do's and Don’ts about Emergency Loan
Do's
- Choose a lender with transparent terms
- Opt for flexible repayment options
- Plan your repayment schedule in advance
- Track your EMIs and outstanding balance regularly
- Use the loan strictly for urgent financial needs
Don’ts
- Do not borrow beyond what you need
- Do not ignore the fees and charges
- Do not rush into loan decisions
- Avoid missed or delayed EMIs
- Do not overlook your credit health
Things to know about Emergency Loan
Eligibility Criteria
Eligibility depends on income, employment stability, and credit score. FIRSTmoney requires you to be between 21-60 years of age, a minimum salary of ₹10,000 and a CIBIL score of 710 or above.
Processing fees & charges
Loan costs include interest and applicable charges. FIRSTmoney offers zero processing fee on select loan amounts.
Interest rates
Lower interest rates help reduce overall repayment. FIRSTmoney offers interest rates starting from 9.99% p.a. for eligible applicants.
Easy loan comparison
Comparing features like interest rate, tenure, and charges can help in choosing the right loan. FIRSTmoney simplifies this process with clear information.
Better financial planning
Selecting the right tenure can help manage EMIs effectively. A longer tenure reduces EMI but increases total interest payable, while a shorter tenure increases EMI but lowers overall cost.
Repayment terms
Review the emergency loan tenure and EMI structure to ensure manageable monthly payments.
Processing time
Choose lenders with quick approval and disbursal processes to access funds promptly.
Tips to use your Emergency Loan smartly
Tip 1
Plan repayment before borrowing
Evaluate your income and expenses to ensure smooth EMI management.
Tip 2
Avoid financial overcommitment
Do not take on liabilities that may impact your repayment ability.
Tip 3
Balance urgency with cost awareness
While quick access is important, take a moment to review interest rates and charges to avoid overpaying in the long run.
Frequently Asked Questions About Emergency Loan
What are the eligibility criteria for an emergency loan?
To be eligible for an emergency personal loan like FIRSTmoney, you need a good credit score (710+), employment (whether salaried or self-employed), and be between 21 to 60 years of age.
How quickly can I get an urgent loan online?
With FIRSTmoney, the application process is completely online, ensuring swift approval and fund disbursal. You can receive an urgent loan online within a few hours by following these easy steps: scan the QR code, register, confirm your details, and complete the KYC process.
Can I use an urgent personal loan for any purpose?
Yes, there are no restrictions on how you can use the funds from your urgent personal loan. Whether it’s for medical emergencies, home repairs, or any other immediate need, FIRSTmoney gives you complete flexibility.
What factors affect the interest rate on an emergency loan?
The interest rate of an emergency loan depends on several factors, including your credit score, income, employment status, emergency loan tenure, and the bank’s prevailing interest rates. With FIRSTmoney, you can enjoy rates starting from just 9.99% APR.
Choose your personal loan amount with FIRSTmoney
Different Types of Personal Loan for you
Travel Loan
Your dream vacation shouldn’t have to wait and with a FIRSTmoney travel personal loan, it doesn’t have to. Whether you're planning a romantic escape, a solo backpacking trip, or a family holiday, this loan helps you book flights, hotels, and experiences without worrying about upfront costs. With minimal documentation, flexible tenures, and competitive rates, you can focus on packing your bags while we handle the finances.
Emergency Loan
When you face the unexpected, a FIRSTmoney emergency personal loan helps you bounce back with confidence. Whether it’s a sudden medical need, urgent repairs, or any unplanned expense, our smart loan offers instant relief without paperwork stress. Quick processing, no hidden charges, and flexible EMIs make it your financial cushion when life throws a curveball.
Wedding Loan
Don’t let budget limits overshadow your big day! With a FIRSTmoney wedding personal loan, celebrate without compromise. Cover everything from designer wear and photo shoots to venue decor and guest stays without exhausting your funds. Our loans are crafted for couples seeking financial flexibility and a smooth planning journey, so your focus is creating memories that last.
Medical Loan
Focus on healing, not worrying about your hospital bills. A FIRSTmoney medical personal loan gives you the immediate financial support needed during health emergencies. Whether it’s surgery, treatment, or therapy, access funds quickly with our fully digital process and stress-free approvals. No collateral, no waiting – just help when you need it most.
Home Improvement Loan
Turn your renovation plans into reality with a FIRSTmoney home improvement personal loan. Whether you're adding a modular kitchen, redoing your flooring, or furnishing your space, this loan helps you bring your vision to life without compromising your savings. Benefit from fast approvals, easy EMIs, and the freedom to enhance your home, your way.
Personal Loan Tips & Insights: Your Guide to Smarter Borrowing
How Quickly Can You Get Approved for a Travel Loan?
30 Apr 2026 | 3 mins read
Benefits of Using a Travel Loan for International Trips?
30 Apr 2026 | 3 mins read
Managing school fee expenses in India: Can a personal loan help?
30 Apr 2026 | 3 mins read
How to Get a Personal Loan with a Low CIBIL Score
29 Apr 2026 | 3 mins read
CIBIL score for personal loan: What can an excellent score do for you?
29 Apr 2026 | 3 mins read
How to increase CIBIL score and unlock personal loan approval without the stress
29 Apr 2026 | 3 mins read
India’s CIBIL Score Decoded: Why 710+ Is the New Gold Standard (and How to Get There)
29 Apr 2026 | 3 mins read
Top 10 CIBIL Score Myths That Could Be Hurting Your Loan Eligibility
29 Apr 2026 | 3 mins read
Track, manage, or apply for your emergency loan conveniently using the IDFC FIRST Bank mobile app.
