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As per amendment in the Income Tax Rules, PAN or Aadhaar are to be mandatorily quoted for cash deposit or withdrawal aggregating to Rupees twenty lakhs or more in a FY. Please update your PAN or Aadhaar. Kindly reach out to the Bank’s contact center on 1800 10 888 or visit the nearest IDFC FIRST Bank branch for further queries.
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Personalised loans designed to meet your evolving financial needs.
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Repay anytime with 0 Foreclosure charges!
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*Personal loan calculator is only for illustration purposes. For actual calculations refer to your Repayment Schedule & Loan Agreement.*T&C Apply
As a government employee, you benefit from a stable income, medical coverage, and other perks. But unexpected expenses can still come up—be it a medical emergency, home repair, or a family event. Instead of dipping into your long-term savings, consider a smarter option.
IDFC FIRST Bank’s FIRSTmoney personal loan is designed to help you handle urgent financial needs with ease. Enjoy a 100% digital application process, quick access to funds, competitive interest rates, and zero foreclosure charges—so you can repay on your terms, without any extra burden.
While getting a personal loan online is easy, planning it according to your financial requirements can be cumbersome and time-consuming. Use the IDFC FIRST Bank personal loan EMI calculator to estimate your EMIs by adjusting the loan amount, interest rate, and tenure sliders.
Here is the breakdown of personal loan interest rates and charges of FIRSTmoney for government employees.
Charges | Details |
Interest Rate | Starting from 9.99%, based on creditworthiness |
Processing Fee | 2% of the principal loan amount |
Foreclosure Charges | Zero foreclosure charges |
Overdue EMI Fee | 2% of the overdue EMI amount |
Apply online anytime for a FIRSTmoney smart personal loan using Aadhaar and PAN verification, eliminating the need for any paperwork.
Close your loan early without paying foreclosure fees, helping reduce the overall cost.
From eligibility checks to disbursal, manage the entire loan journey experience through the easy-to-use IDFC FIRST Bank mobile app.
If extra funds are required, government employees can request an additional amount instantly via the app.
The approved loan amounts are credited quickly, often within 30 minutes, ensuring timely access to funds.
Borrow up to ₹10 lakhs depending on eligibility, suitable for both planned and unplanned financial needs.
Choose repayment periods from 9 to 60 months, making it easier to balance EMIs with monthly salaries.
Are you looking for a reliable personal loan tailored for government employees? Here’s why FIRSTmoney is the right choice:
• Receive up to ₹10 lakhs directly in your account within hours.
• Enjoy freedom to pre-close your loan without foreclosure fees.
• Apply digitally with no documentation. All you need is your Aadhaar and PAN number for application and physical PAN card to be displayed during VKYC.
• Get additional funds instantly without repeating paperwork.
• Benefit from affordable EMIs with interest rates starting at 9.99% p.a.
A personal loan for government employees offers flexibility to meet various financial needs with ease. Some common uses include:
• Renovating or upgrading your home.
• Covering wedding expenses like venues, jewellery, or events.
• Paying for higher education or skill-development courses.
• Managing unplanned medical expenses.
• Planning domestic or international family trips.
• Handling large expenses during festivals or family functions.
You must meet the following criteria for a personal loan from IDFC FIRST Bank -
Check your Loan Eligibility
No documents required. Simply keep the following handy -
Step 1 - Click on ‘Apply Now’
Step 2 – Register using your basic details
Step 3 – Choose your loan preferences including amount and EMI plan
Step 4 – Link your bank account where you want to receive the funds
Step 5 – Complete video KYC by showing your PAN card
Once your loan amount is approved, you can start using the funds as per your needs..
Happy users
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Starting from 9.99% p.a
Know more about Personal Loan Interest Rates
2% of the loan amount
[View fees & charges]
9 to 60 months
The entire loan experience with FIRSTmoney was seamless. It took barely 15 minutes for approval and the amount was credited instantly. The flexibility to withdraw funds as needed and zero foreclosure charges were a big plus. I’ve already recommended it to friends—it’s perfect for quick, digital financial assistance.
Harish M
I opted for the FIRSTmoney Personal Loan because of the zero paperwork and super-fast processing. Within minutes, the money was in my account. No lock-in period and complete repayment flexibility made it even more convenient. This is one of the most efficient loan products I’ve come across.
Ramesh Tiwari
I was impressed with the service, when I received a FIRSTmoney Personal Loan offer, I did not think twice. The process was smooth and completed in 30 minutes. Foreclosure flexibility and ease of fund withdrawal were key highlights.
Asvinth S
What I loved about the FIRSTmoney loan was the instant disbursement and digital application process. It didn’t take more than 15 minutes to get things done. I could repay early without worrying about foreclosure charges. It’s perfect for people like me who value both speed and transparency.
Aakash Reddy
The FIRSTmoney loan process was so simple that I didn’t feel like I was applying for a loan at all. I got my funds instantly and had complete flexibility to withdraw as per my needs. The interest rates were competitive too. Truly a stress-free borrowing experience!
Deepak Mishra
I was in urgent need of funds and FIRSTmoney delivered instantly. The loan was approved digitally, disbursed quickly, and came with no foreclosure charges. I also liked that I could use only what I needed and repay accordingly. It’s a must-have financial cushion for working professionals.
Satyam Jain
I was amazed by the fast approval and zero physical documentation. The loan amount suited my needs and was disbursed without delays. What sets FIRSTmoney apart is the freedom to withdraw funds flexibly and repay early without any penalties. I’ve already suggested it to my peers.
Mohit Shetty
This is the most convenient personal loan I’ve ever taken. The process was completely digital and took less than 20 minutes. I especially liked they didn’t charge any foreclosure charges and the fact that I could use only the funds I needed. It gave me both flexibility and control.
Kunal Chopra
The FIRSTmoney Personal Loan is ideal for urgent needs. I applied and received my funds on the same day. No branch visit, no paperwork, and no hidden costs. The best part is the flexible withdrawal facility, which helped me manage my expenses smartly.
Sahil Bhargav
I needed funds for a medical emergency and the quick response from FIRSTmoney was really commendable. The process was done in no time, and I had the amount in my account instantly. The product gives you flexibility to use funds as per your needs and even prepay the loan without any extra charges.
Naveen Raj
The reason I trust FIRSTmoney is the ease and transparency of the process. I could apply digitally, track everything online, and the money was credited instantly. Zero foreclosure charges gave me peace of mind. This is how modern lending should work!
Parag Mehta
I’ve dealt with personal loans before, but none were this simple. FIRSTmoney gave me instant access to funds with no hassles. I especially appreciated the no-lock-in period and low interest rates. The entire experience was smooth and customer-friendly from start to finish.
Yashwant K
I chose the FIRSTmoney Smart Personal Loan from IDFC FIRST Bank for its quick and smooth process, along with lower processing fees. The approval was faster than expected, and the flexibility to withdraw funds during emergencies, like hospital bills, was incredibly helpful. Additional withdrawals were easy and convenient, making it a hassle-free experience.
Mr. Rohan Mascarenhas
When I faced an emergency, the FIRSTmoney Smart Personal Loan from IDFC FIRST Bank was the perfect solution. I spotted the offer in their app and was impressed by the quick approval process, low fees, and flexibility to withdraw funds as needed. Even the option of Multiple On demand loans were instant and hassle-free, with no repeated VKYC required.
Mr. Chandan Sarkar
I decided on the FIRSTmoney Smart Personal Loan from IDFC FIRST Bank. The process was easy, and the interest rate was lower compared to other options I explored. The quick approval and disbursement added to the convenience, and I appreciated the flexibility it offered.
Mr. Amar Subhash Lohar
I chose the FIRSTmoney Smart Personal Loan from IDFC FIRST Bank because of its convenience and 100% paperless process. The approval was quick, and the digital experience made everything seamless. What stood out was the zero foreclosure charges, which made it easier to manage my finances and foreclose the loan without any hassle—something I haven’t seen with other banks. The quick disbursement of funds and overall simplicity of the process were fantastic.
Mr. Santhosh T M
I opted for the FIRSTmoney Smart Personal Loan from IDFC FIRST Bank because of its excellent zero foreclosure charges. The process was smooth, fully digital, and much quicker than I expected. Being able to foreclose the loan easily without any charges was a huge advantage and really helped me manage my finances better.
Mr. Senthilkumar
A personal loan for government employees is an unsecured loan to meet the financial needs of individuals working in government sectors. They can avail instant personal loans with low interest rates, flexible repayment terms, and a 100% online application process through FIRSTmoney. The loan can be utilised for medical bills, home improvement, education, or holidays.
To qualify for a FIRSTmoney personal loan, applicants must:
• Be a salaried government employee working for central, state, or PSU sectors or self-employed individuals with a stable income.
• Be between 21 and 60 years of age.
• Have a CIBIL score of 710 or above.
With FIRSTmoney, government employees enjoy multiple benefits, including:
• Instant loan approval and quick disbursal within a few hours.
• Zero foreclosure charges, allowing early repayment without penalties.
• Flexible tenure options ranging from 9 to 60 months.
• High loan amounts of up to ₹10 lakh based on eligibility.
Government employees can get a personal loan ranging from ₹50,000 to ₹10 lakh, depending on their income, credit history, and repayment capacity. However, the final approved amount depends on the applicant's eligibility and the bank’s internal policy.
Applying for a FIRSTmoney personal loan is simple, it requires only a PAN card for digital V-KYC verification. This removes lengthy paperwork and ensures a seamless application process.
The interest rate for a FIRSTmoney personal changes due to factors such as credit score, income, loan amount, and repayment period. Government employees can view their applicable interest rate during the application process.
Unfortunately, FIRSTmoney personal loans are only offered to active salaried government employees who are up to 60 years of age. Retired employees may consider other loan options basis their financial profile.
With a completely digital process from FIRSTmoney, eligible government employees can receive instant approval, and funds are usually credited to their accounts within a few hours.
Yes, a nominal processing fee of 2% on the principal loan amount is applicable when applying for FIRSTmoney personal loans. The exact amount is displayed during the loan application process.
Yes, you need a CIBIL score of 710 or above to apply for a FIRSTmoney smart personal loan for government employees.
Government employees looking to enhance their homes can opt for FIRSTmoney’s home improvement loan. From modernising kitchens to adding storage or redesigning interiors, this loan offers a seamless digital application process, competitive interest rates of 9.99% p.a., and convenient EMIs, making home upgrades easier to manage.
Unexpected costs like urgent household repairs, family events, or personal purchases can be handled smoothly with FIRSTmoney’s instant cash loan. With a fully online process, quick approvals, and transparent repayment terms, government employees can stay financially prepared for any sudden obligation.
For unplanned medical expenses, urgent travel, or family emergencies, FIRSTmoney’s emergency personal loan provides immediate financial support. With same-day approvals, direct account transfers, and zero foreclosure charges, government employees can address emergencies without disturbing long-term savings.
Whether planning a family holiday or an international trip, FIRSTmoney’s travel loan helps government employees enjoy stress-free journeys. From flights to hotel bookings, the loan ensures quick approvals and instant disbursals, so planning trips becomes convenient and worry-free.
Planning a wedding can be financially demanding. With FIRSTmoney’s wedding loan, government employees can cover costs like decor, jewellery, and photography with ease. The digital-first process, instant approvals, and flexible repayment tenures of 9 to 60 months make celebrations smooth and stress-free.