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IDFC FIRST Bank Personal Loan Interest Rate Today

What IDFC FIRST Bank advertises on a personal loan against the most it can charge, and where that sits among the eight lenders we track.

Credsir Editorial Team · MBA · 14 years in fintech
Updated 17 Sep 2026

What the bank advertises against the most it can charge. The gap is much wider than on a home loan.

Advertised rate 9.99% p.a. onwards
What it means IDFC First Bank can charge up to 25.00% for this product. The advertised figure is a starting rate, not an offer.

Updated 17 Sep 2026 · Lender rate pages, checked individually

The rate

Advertised rate Maximum rate Terms Processing fee
9.99% 25.00% Up to 5 years 0% to 3.5% of loan amount (incl. GST)

Updated 17 Sep 2026 · Lender rate pages, checked individually

IDFC First Bank advertises from 9.99% and can charge up to 25.00% for this product — a range of 15.01 percentage points. Where you land is set by your credit score, your down payment and your income type, not by bargaining. That spread is the whole reason to check what affects your credit score before you apply: on this product the score is worth more than any negotiation.

How it compares

Joint cheapest of the 8 providers we track, level with HDFC Bank at 9.99%. Among the other private lenders, Axis Bank and ICICI Bank also advertise 9.99%, and Kotak Mahindra Bank 10.99%. The full board is on personal loan interest rates today, and the ranked view is best personal loans.

A percentage point of rate is not the same as a percentage point of cost. Put your own amount and tenure through the EMI calculator to see what the gap is worth in rupees over the term.

Where this page sits

This is the rate view. The IDFC FIRST Bank personal loan overview collects the rate, the monthly cost and the fees in one place, and fees and charges covers what is payable outside the interest — remembering that a fee quoted without tax needs 18% GST added to get what you actually pay.

Terms change without notice. Confirm the current figures with IDFC First Bank before you act.

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