Our review of IDFC First Bank: 2 products rated against every other provider we track, with the rates, the fees and what they cost you in rupees. It scores 2.9 out of 5 overall.
| Founded | 2015 |
|---|---|
| Headquarters | Mumbai |
| Type | Private Bank |
| Official site | www.idfcbank.com |
| Credsir rating | 2.9 / 5 |
| Products rated | 2 |
Updated 15 August 2026
Best for: borrowers who want a personal loan from a large private bank and will trade 1.00 points against the market’s best rate for it.
What it does well
- Personal loan processing fee is among the lowest in the table — 4.4/5
Where it falls short
- Personal loan starts 1.00 points above HDFC Bank, the cheapest lender we track — #6 of 8
IDFC First Bank products, rated
We score each product against every other provider we track for it. The same formula runs on every bank on this site, and we publish it in full on our methodology page.
Personal loan — 3.2 / 5
| Rate from | 10.99% (starting rate) |
|---|---|
| Maximum rate | 25.00% |
| Terms | Up to 5 years |
| Fee | Up to 2% |
The cheapest provider we track for this product is HDFC Bank at 9.99%, 1.00 percentage points cheaper. The full breakdown is on the IDFC First Bank personal loan page, and the whole board is on personal loan interest rates.
Credit cards — 2.6 / 5
One card reviewed.
Rates and fees
| Product | Advertised rate | Maximum rate | Terms | Fee |
|---|---|---|---|---|
| Personal loan | 10.99% | 25.00% | Up to 5 years | Up to 2% |
| Credit cards | — | — | 1 card reviewed | — |
Updated 15 Aug 2026 · IDFC First Bank’s rate cards and published comparisons, across 2 products
How we rated this bank
We take no money for ratings, and no bank can influence one. Every score above is simple maths on a dated rate table. Change the table and the score moves by itself.
| 2 products rated | Every product we hold a dated rate for at IDFC First Bank. Each one scored on its own. |
|---|---|
| 8 competitor rates compared | We score each product against every other provider we track for it. |
| ₹0 paid for this rating | No bank can buy, change or even see a Credsir score before you do. The formula has no input for it. |
Where a bank’s personal loan rate lands for you is set mostly by your file, so it is worth checking your credit score and the ranked shortlist in best personal loans before applying. Other banks we rate the same way are listed under bank reviews.
Terms change without notice. Confirm the current figures with IDFC First Bank before you act.
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