IDFC FIRST Bank Personal Loan And Credit Line 2024 - One time approval life time withdrawal - Instant Approval at 10Lakhs with lowest annual interest rates

Approval of upto 10lakhs - Withdraw multiple times with flexible EMI tenures - Repay anytime with ZERO forecloser charges - Need only physical pancard

 FIRSTmoney Smart & Instant Personal Loan

1.First money credit line

    Introducing FIRSTmoney, a smart personal loan with the ultimate financial flexibility and convenience. Tailored for the select few with exceptional credit scores over 750, this online personal loan offers an instant credit line of up to ₹10 lakh. But what sets this loan apart from the rest? It's smart in every sense – enjoy preferential terms and interest rates, a quick, fully-digital journey to apply for a personal loan online, unlimited withdrawals and pay ZERO foreclosure charges. Say goodbye to the traditional limitations and restrictions of personal loans and say hello to a smarter and more flexible way of borrowing.

Loan details :

* Loan amount minimum 5000 to Maximum credit limit: up to ₹10 Lakh

* Minimum loan amount (widthdraw): ₹5000

* Rate of interest (on monthly reducing basis): starts from 10.99% to 24%

* Tenure: Min 2 months Max 60 months

* Processing fees 2% per widthdraw loan amount

* EMI Bounce charges per presentation – RS 500

* Cooling-Off Period – 3 Days

* No forcloser charges

Benefits for firstmoney creditline :

* No forecloser charges

* Loan amount flexibility

* Multiple withdrawals

* Flexible loan repayment options

Basic Eligiblity for applying loan :

> Salaried individuals and self-employed person

> Age - 21-60 years

> CIBIL Score : 730+

Needed Document :

***Physical PAN card for Video KYC (VKYC) is needed for an online smart personal loan application

Most repeated asking questions :

Who can apply personal loan:

IDFC FIRST Bank provides a complete digital experience of availing Smart Personal Loans/Credit Line for salaried individuals. Your eligibility depends on your credit score, income, and your existing liabilities, which will be used to ascertain your credit worthiness. The CIBIL score of the applicant should be 750 or more.

How to determine eligibility for personal  loan:

    To determine your eligibility for a personal loan, factors such as your credit score, income, employment status, existing debts, and repayment history are considered.

how long is the customer’s sanctioned amount limit valid:

The sanctioned limit is available to the customer for a period of 5 years (BASED ON CONDITIONS)

2. Small Personal Loan

Any salaried worker or self-employed individual in India can apply for a small personal loan.

Small loans are also called short-term loans. They are unsecured personal loans of limited amounts that borrowers can use to meet their small capital needs. Small loans are easily accessible, while borrowers also benefit from easy repayment terms. Salaried individuals, self-employed individuals, as well as first-time borrowers, can apply for small loans.

Featutres of small loan

1.instant approval

2.100% paperless process

3.attractive interest rates

Loan Details

> Loan amount starting from Rs 50,000

> Repayment Tenure 6months to 60 months

> Annual interest rates starting 10.75% to maximum 23%

> Processing fees upto 3% per loan amount

> Latepayment charges 2% per loan amount

> Part pre-payment facility is not available for personal loans at IDFC FIRST Bank.

> pre-closer allowed at after 12months  EMI have been paid

Eligiblity

> Salaried Individuals or self employed

> Minimum Age: 23 years

> Maximum Age: at the time of loan maturity - 60 years or retirement, whichever comes first

Documentation:

* Valid KYC

* RBI Approved Account Aggregator Process/ Bank Statement

* Net Banking or Debit Card details to set up e-Mandate

* eSign/eStamp for faster disbursal

Note : For more details contact official IDFC First bank website

APPLY HERE

Disclaimer

    we are not responsible anything releated from this loan application so kindly take your won risk before applying loan, thank you