Login to Internet banking
A brand-new experience - smarter, faster, and secured
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
-
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 Zero Forex
-
Micro Enterprise Credit card
UPI-ready Udyam registered MSMEs
Most Searched
Earn up to 7% 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 Zero Forex
-
Micro Enterprise Credit card
UPI-ready Udyam registered MSMEs
-
- Others
Tools & Calculators
Unlock features, exclusively available
only on the IDFC FIRST Bank app
Personal loan for ₹60,000 salary
Get instant digital loans with flexible repayment and zero foreclosure charges
-
-
-
-
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. **For select loan amounts
How to apply for a Personal Loan online with a ₹60,000 monthly income
A monthly salary of ₹60,000 gives you the flexibility to plan ahead, but sudden expenses can still require extra support. IDFC FIRST Bank’s FIRSTmoney personal loan is designed to complement your income with quick, convenient access to funds. Whether you are managing medical costs, funding higher education, or upgrading your home, FIRSTmoney offers competitive interest rates, zero foreclosure charges, and a fully digital application process. With minimal documentation and fast approvals, you can borrow confidently and stay in control of your finances.
Features and Benefits of a Personal Loan on ₹60,000 Salary
100% digital loan
FIRSTmoney provides a fully digital journey with zero paperwork. You can choose the loan as per your financial requirement. Scan the QR code to simply start your application.
Flexible loan repayment
Get the flexibility to choose a customisable loan EMI plan that suits your requirements. Opt for any tenure ranging between two months and 60 months to repay your loan without financial stress.
Foreclosure benefits
Foreclose your loan anytime without concern with FIRSTmoney. You can use the personal loan and repay the used funds in full anytime without incurring a foreclosure charge.
Competitive interest rates
With FIRSTmoney, you enjoy one of the most affordable personal loan interest rates starting at just 9.99% per annum. Lower interest rates help you keep your overall loan cost within your budget and meet your financial needs without hassles.
Swift disbursal
Enjoy a completely paperless application process. The advanced technology behind FIRSTmoney makes it easy to access a personal loan instantly with a completely online process.
Multiple on-demand loan
Get an additional loan for extra financial requirements with just a few taps. FIRSTmoney allows you to apply for additional loans without having to go restart your application from scratch.
What are the eligibility and documentation required for a Personal Loan on ₹60,000 salary
Personal Loan Eligibility
To apply for a personal loan from IDFC FIRST Bank, make sure you meet these –
-
-
-
Personal Loan Documents Required
No uploads are part of the online journey. Keep handy –
-
-
-
How to Apply for a Personal Loan on ₹60,000 Salary
Step 1
Click on apply now via website or app
Step 2
Register using your mobile number and confirm basic details to check your eligibility
Step 3
Choose your loan preferences, including the loan amount and EMI plan
Step 4
Link your bank account where you wish the funds to be disbursed
Step 5
Complete the video KYC verification process by showing your physical PAN card
What are the loan amount and tenure options
Loan Amount
For individuals earning ₹60,000 per month, personal loans are available in amounts ranging from ₹10,000 to ₹15 lakhs. The approved loan offer depends on the bank’s internal policy and your credit profile.
Flexible Tenure Options
You can choose a repayment tenure that ranges from 9 months to 60 months. This flexibility allows you to structure your repayment schedule as per your convenience.
What is the EMI for personal loan with ₹60,000 salary
The bank uses the reducing balance method to calculate the EMI for a personal loan through FIRSTmoney. This technique determines the interest based on the remaining loan balance. While the EMI remains constant throughout repayment, the portion allotted to principal repayment grows while the interest component diminishes over time.
For easy calculation of your EMIs, consider using a personal loan EMI calculator. Simply adjust the slider to input the following details: the loan amount, interest rate, and tenure. You can also determine a repayment figure for a different amount that aligns comfortably with your financial capacity.
| Loan Amount (₹) | Interest Rate (p.a) | Tenure | Approx EMI (₹) |
| ₹1,00,000 | 9.99% | 5 years | ₹ 2,124 |
| ₹2,00,000 | 9.99% | 5 years | ₹ 4,248 |
| ₹3,00,000 | 9.99% | 5 years | ₹ 6,373 |
| ₹4,00,000 | 9.99% | 5 years | ₹ 8,497 |
| ₹5,00,000 | 9.99% | 5 years | ₹ 10,621 |
| ₹6,00,000 | 9.99% | 5 years | ₹ 12,745 |
| ₹7,00,000 | 9.99% | 5 years | ₹ 14,869 |
| ₹8,00,000 | 9.99% | 5 years | ₹ 16,994 |
| ₹9,00,000 | 9.99% | 5 years | ₹ 19,118 |
| ₹10,00,000 | 9.99% | 5 years | ₹ 21,242 |
| ₹11,00,000 | 9.99% | 5 years | ₹ 23,366 |
| ₹12,00,000 | 9.99% | 5 years | ₹ 25,491 |
| ₹13,00,000 | 9.99% | 5 years | ₹ 27,615 |
| ₹14,00,000 | 9.99% | 5 years | ₹ 29,739 |
| ₹15,00,000 | 9.99% | 5 years | ₹ 31,863 |
Do’s and Don’ts for a personal loan on ₹60,000 salary
Do's
- Plan finances before you apply for a loan on ₹60,000 salary
- Choose a suitable tenure where you can comfortably pay your EMIs with ₹60K as your salary
- Understand fees and repayment conditions
- Ensure your EMIs do not cross 20-30% of monthly income
- Maintain timely and consistent repayments
Don’ts
- Avoid going for a loan amount too high for your financial situation
- Do not take a personal loan for unnecessary spendings
- Avoid ignoring your credit score
- Do not make multiple loan applications
- Avoid EMI defaults
Things to know about a personal loan on ₹60,000 salary
Processing fees & charges
Review all charges in advance. FIRSTmoney provides zero processing fee on certain loan amounts and zero foreclosure fees, offering transparent pricing.
Eligibility criteria
To apply for an online loan on a salary of ₹60,000 via FIRSTmoney, the applicant needs to ensure a strong credit score of 710 or more and needs to be between the ages of 21 and 60 years.
Interest rates
The interest rates impact the total borrowing cost. FIRSTmoney offers competitive rates starting from 9.99% p.a.
Easy loan comparison
Compare available loan options to make an informed decision. FIRSTmoney simplifies this process with clear upfront information on the website and mobile app.
Better financial planning
With a salary of ₹60,000, a longer tenure option may help efficiently manage higher loan amounts. Choose a flexible loan option to optimise your EMI payments.
Tips to smartly use your Personal Loan
Tip 1
Avoid excess borrowing
Borrow only what aligns with your financial goals, keeping your salary and other expenses in mind.
Tip 2
Ensure timely repayments
Timely EMIs help maintain a strong credit score and future eligibility.
Tip 3
Keep your finances organised
Track expenses and EMIs repayments for better financial control.
Our App Ratings from 2.64M+ happy users
Interest Rates & Charges for Personal Loan
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
Range: 9 to 60 months
FAQs on Personal Loan for ₹60,000 Salary
What is the maximum loan amount I can get with a salary of ₹60,000?
With IDFC FIRST Bank’s FIRSTmoney, you can get a loan offer of up to ₹15 lakhs based on your eligibility. The final loan amount depends on various factors such as your credit score and repayment capacity. Use the personal loan eligibility calculator to get a tentative loan amount estimate.
How do I apply for a personal loan online with FIRSTmoney?
Applying for a personal loan with FIRSTmoney is easy and convenient. Simply visit the IDFC FIRST Bank website or mobile app, and click on Apply Now to get started. The application can be completed in as little as 5 minutes.
How long does it take to get the personal loan approved and disbursed?
You can get your FIRSTmoney personal loan by IDFC FIRST Bank approved and disbursed in as little as 10 minutes.
Choose your personal loan amount with FIRSTmoney
Personal Loan Tips & Insights: Your Guide to Smarter Borrowing
Understanding the Moratorium Period in Loans
10 Sep 2026 | 3 mins read
Fulfil your wishes with FIRSTmoney – A paperless, smart, instant personal loan
08 Sep 2026 | 3 mins read
FIRSTmoney: The Smart, Flexi Personal Loan Solution
08 Sep 2026 | 3 mins read
Decoded: How banks calculate your maximum personal loan amount
08 Sep 2026 | 3 mins read
Missed your personal loan EMI? What to do next?
07 Sep 2026 | 3 mins read
How Much Personal Loan Can You Get on Your Salary? An Eligibility Guide for 2026
07 Sep 2026 | 3 mins read
What is the Eligibility Criteria for a Personal Loan?
07 Sep 2026 | 3 mins read
What is loan insurance?
07 Sep 2026 | 3 mins read
