Paisabazaar Logo - Compare loans and credit cards

IDBI Bank Personal Loan

iconicon
Get Cashback of ₹1,000* on Loan Disbursal
Valid till 31st March '26*T&C Apply
Instant Personal Loan

Get up to ₹50 Lakhs starting at 9.98%

google-play-icon

Google Play Store

4.5/5

15.5L Reviews

5.7cr+Satisfied Customers
65+Lending Partners
₹65k Cr+Loans Disbursed
Icon image of Wide Choice

Wide Choice

Curated offers from 30+ lenders

Icon image of Quick Disbursal

Quick Disbursal

Money in your account instantly

Icon image of SmartMatch

SmartMatch

Offers ranked according to eligibility

Icon image of Digital Process

Digital Process

Hassle-free & paperless

Find Best Personal Loan Offers

Sort by:

HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max Loan Amt.Upto ₹25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee₹ 6,500
ICICI Bank
100% Digital Process*Quick Disbursal
Max Loan Amt.Upto ₹25L
Rate of Interest11% - 13%
Tenure upto1-5 Years
Processing FeeUpto 2%
Axis Bank
Low Processing fee
Max Loan Amt.Upto ₹25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%

Quick Links

Why Choose Paisabazaar?
image of Compare & Choose the <strong>Best Offer</strong>

Compare & Choose the Best Offer

image of Pre-approved Offers with <strong>Instant Disbursals</strong>

Pre-approved Offers with Instant Disbursals

image of Know Your <strong>Chances of Approval</strong>

Know Your Chances of Approval

image of End-to-End <strong>Digital Process</strong>

End-to-End Digital Process

How Can I Apply for a Personal Loan Online?

Get up to ₹40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

About IDBI Bank Personal Loan

  • Interest rate: 11.00%-15.50% p.a.
  • Loan Amount: Rs 25,000-Rs 5 lakh
  • Tenure: 1-5 years
  • Processing Fees: 1% of the loan amount subject to a minimum of Rs 2,500
  • Minimum Salary: Rs 1.8 lakh p.a. for salaried

IDBI Bank Personal Loan Interest Rates

Maximum Interest Rate (fixed rate) 11.00% p.a.
Minimum Interest Rate (fixed rate) 15.50% p.a.

IDBI Bank Personal Loan Processing Fees and Charges

Processing Fee

Personal Loan 1% of the loan amount subject to a minimum Rs 2,500
Salary Account with in-built overdraft facility NIL
Overdraft facility to IDBI Bank pensioners NIL

Know more about the processing fee for personal loans charged by other lenders

Part Payment/Foreclosure Charges

Part Payment
Personal Loan 3% of outstanding loan amount, within 6 months from disbursement
After 6 months: NIL
Maximum part payment allowed: 10% of outstanding loan amount (minimum Rs 10,000)
Part payment allowed maximum 3 times a year with minimum interval of 90 days
Foreclosure
Personal Loan Within 12 months from date of loan disbursement: 3% of outstanding loan amount
Between 12-24 months: 1% of outstanding loan amount
After 24 months: NIL
Salary account with in-built overdraft facility NIL
Overdraft facility to IDBI Bank Pensioners NIL
Penal Interest 2% p.a. on overdue amount and overdue period

Also know about the personal loan prepayment charges levied by top lenders

Other Charges

Copy of Property Documents Rs 225
Document Retrieval Charges- Foreclosure, BT / other closure Rs 2,500
Foreclosure Letter Issuance Rs 500 per instance
Swapping of ECS/ACH or change of repayment mode to ECS/ACH Rs 575
Duplicate Statement Charge Rs 115
Re-issuance of PO/DD Rs 115
Duplicate Certificate/Interest Paid Certificate Rs 150
Copy of credit information from CIBIL Rs 50
Non-collection of original documents after 30 days from loan closure date Rs 1,000
CERSAI Charges Up to Rs 5 lakh- Rs 100
Above Rs 5 lakh- Rs 200
Default in payment through cheques, ECS, or any other allowed payment mode Rs 300

Types of IDBI Bank Personal Loan

Personal Loan For Salaried Applicants

  • Purpose: Personal loan for salaried employees working with State/Central government/PSUs/Departments/MNCs/Listed Companies/Private Limited Companies with or without any relationship with the IDBI bank
  • Loan Amount: Rs 25,000-Rs 5 lakh
  • Tenure: 1-5 years
  • Processing Fee: 1% of loan amount subject to minimum Rs 2,500 + taxes

Personal Loan For Self-Employed Professionals

  • Purpose: Personal loan for self-employed applicants to meet their personal requirements. This loan facility is only available to self-employed professionals having asset and liability relationship with IDBI Bank
  • Loan Amount: Rs 25,000-Rs 5 lakh
  • Tenure: 1-5 years
  • Processing Fee: 1% of loan amount subject to minimum Rs 2,500 + taxes
  • Part Prepayment: 10% of outstanding loan amount subject to minimum Rs 10,000
  •  Foreclosure Charges: Before 12 months of disbursement date- 3% of outstanding loan amount
    1% of outstanding loan amount, if sought after 12 months and before 24 months

Salary Account with in-built Overdraft Facility

  • Purpose: Personal Loan Overdraft facility to individuals having salary accounts with IDBI Bank
  • Loan Amount: Five times of net salary
  • Tenure: Overdraft facility is available for 2 years (can be renewed every 2 years for salary account with IDBI)
  • Processing Fee: NIL
  • Part Payment/Foreclosure Charges: NIL

Top-up Personal Loan

Offered to existing personal loan borrowers of IDBI Bank with clear repayment history of at least 12 months.

Pension Account with in-built Overdraft Facility

  • Purpose: Pension loan with overdraft facility to pensioners having pension account with IDBI Bank
  • Loan Amount: Rs 25,000-Rs 3 lakh
  • Tenure: 1-5 years
  • Processing Fee: 1% of loan amount subject to minimum Rs 2,500 plus taxes
  • Part Prepayment: 10% of outstanding loan amount subject to minimum Rs 10,000
  • Foreclosure Charges: 3% of outstanding loan amount, if sought before 12 months of disbursement date
    After 12 months and before 24 months- 1% of outstanding loan amount
  • Top-up Loan: For loan account holders with at least 12 months and clear repayment history

Avail Personal Loan for
All Your Needs

Eligibility Criteria for IDBI Bank Personal Loan

For Salaried Applicants

  • Profession: Permanent employees of State/Central/PSUs/Departments/MNCs/Listed Companies/Private Limited Companies with or without existing relationship with the bank
  • The applicants should be salaried and have corporate salary account with IDBI Bank
  • Age: 21- 60 years years
  • Minimum Salary: Rs 1.8 lakh p.a. for salaried

For Self-Employed Professionals

  • Profession: Self-Employed professionals with liability and asset relationship with IDBI Bank
  • Age: 21-60 years
  • Minimum Salary: Rs 3.6 lakh p.a. for self-employed

For Salary Account with in-built Overdraft Facility

  • Profession: Permanent employees of government/semi-government/quasi-government/public limited companies/MNCs/private limited companies/reputed institutions
  • The applicants should be salaried and maintaining salary account with IDBI Bank
  • Age: 22-60 years
  • Minimum Salary: Rs 1.8 lakh p.a. for salaried

For Pension Account with in-built Overdraft Facility to Pensioners of IDBI Bank

  • The applicants should have a pension account with IDBI Bank
  • Age: Not more than 75 years
  • Minimum Salary: Rs 3.6 lakh p.a. for self-employed

IDBI Bank may also consider the credit score of its applicants, just like other lenders do while evaluating their personal loan eligibility.

Documents Required for Loan Application

  • Duly filled application form along with Passport size photographs
  • Photo Identity Proof: A copy of your Aadhaar/PAN/Voter ID/Passport/Driving License etc.
  • Residence Address Proof: A copy of your Electricity Bill (not more than 3 months old) / Passport/ Ration Card
  • Income Proof: A copy of salary account bank statements for the past six months
  • Salary slips for the last 3 months
  • Employment Certificate from your employes
  • Form 16 / acknowledged Income Tax Returns for the last two years
  • Any other document required by IDBI bank

How Can I Apply for a Personal Loan Online?

Get up to ₹40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Explore Our Personal Loan Lenders

HDFC BANKHDFC BANKAxis BankAxis BankKotak Mahindra BankKotak Mahindra BankICICI BankICICI BankFederal BankFederal BankIDFC First BankIDFC First BankIndusind BankIndusind BankRBL BankRBL BankTata CapitalTata Capital
View All Partners

Avail Personal Loan for
All Your Needs

FAQs

IDBI Bank offers personal loans at fixed rates only. Hence, the applicants cannot choose between the two

IDBI Bank has not mentioned any specific cut-off credit score for its personal loan applicants. However, applicants having credit score of 750 and above usually have higher chances of availing personal loans at lower interest rates

The personal loan applicants can repay their EMIs by putting a mandate/Standing Instruction to debit of the salary/savings bank account with IDBI on a fixed date predetermined by the applicant

No, self-employed professional not having a savings/loan account with IDBI Bank cannot avail personal loan from IDBI Bank because IDBI offers personal loans to self-employed professionals having asset/liability relationship with the bank

Personal Loan Articles

Importance of No Dues Certificate in Personal Loan Closure - Article image

Importance of No Dues Certificate in Personal Loan Closure

icon image of Paisabazaar
Paisabazaar02 Sept 2025
Loan rejected despite high income? Here’s what you need to know - Article image

Loan rejected despite high income? Here’s what you need to know

icon image of Paisabazaar
Paisabazaar19 Aug 2025
Personal Loan for First Time Borrowers: What Customers Must Know - Article image

Personal Loan for First Time Borrowers: What Customers Must Know

icon image of Paisabazaar
Paisabazaar04 Aug 2025
How I Saved Rs 22,000 on My Personal Loan through Prepayment - Article image

How I Saved Rs 22,000 on My Personal Loan through Prepayment

icon image of Bhumika Khandelwal
Bhumika Khandelwal31 Jul 2025
How Have Personal Loans Advanced Over the Past few Years - Article image

How Have Personal Loans Advanced Over the Past few Years

icon image of Paisabazaar
Paisabazaar17 Jul 2025
Factors To Consider While Selecting a Personal Loan Lender - Article image

Factors To Consider While Selecting a Personal Loan Lender

icon image of Paisabazaar
Paisabazaar16 Jul 2025
Instant Personal Loan Apps: Avoid These 5 Pitfalls - Article image

Instant Personal Loan Apps: Avoid These 5 Pitfalls

icon image of Bhumika Khandelwal
Bhumika Khandelwal16 Jul 2025
Reasons for Delay in Personal Loan Processing - Article image

Reasons for Delay in Personal Loan Processing

icon image of Paisabazaar
Paisabazaar09 Jul 2025
APR vs Interest Rate in Personal Loans: What’s the Difference? - Article image

APR vs Interest Rate in Personal Loans: What’s the Difference?

icon image of Bhumika Khandelwal
Bhumika Khandelwal07 Jul 2025
Tips to Choose an Ideal Personal Loan Tenure - Article image

Tips to Choose an Ideal Personal Loan Tenure

icon image of Paisabazaar
Paisabazaar07 Jul 2025
View All Articles
quotes icon

What our customers say

My Trust in Paisabazaar has Increased

I would like to take a moment to share my sincere feedback regarding the support I received from your team. The executive who assisted me was extremely professional, polite, and knowledgeable. They patiently understood my concern, explained the process clearly, and guided me step by step toward the right solution. I truly appreciate the transparency, timely responses, and genuine effort shown to help me.

icon image of avatar
Lalit MaviFeb 12, 2026

Best Place for Taking Loans

I contacted customer care with a few queries, and I am very satisfied with the support I received. The representative was polite, patient, and explained everything clearly. My questions were resolved properly, and the overall experience was smooth and helpful. Thank you for the excellent customer service

icon image of avatar
Kokil BarnwalFeb 12, 2026

Apne higher education ke liye loan liya tha

Muhje higher education ke liye loan chahiye tha. Paisabazaar pe apply kiya. Got it at the right time. Quite helpful.

icon image of avatar
Puja DanuJan 22, 2026

Sabse jada helpful log the yaha

Maine bht jagah try kiya tha personal loan ka, yaha try kiya toh helpful log mille. Har steps mai aram se samjhaya or usse muhje loan lene mai jda dikkat nhi aayi.

icon image of avatar
Anuradha GuptaJan 21, 2026

Best Advisor for Personal Loan

I would like to share my feedback regarding my recent interaction with Mr. Vipin Singh (employee id EW12967) After discussing the financial matters with him, I felt very satisfied with his approach and professionalism. He explained everything clearly, handled the discussion patiently, and ensured that all concerns were addressed effectively. His communication skills, positive attitude, and dedication towards his responsibilities truly reflect his commitment to the organization.

icon image of avatar
20th Jan 2026Jan 20, 2026

Meri shaddi thi

Shadi mai bht kharche hote hai. Maine shaddi ke liye personal loan paisabazaar se liya tha. Process smooth tha or interest bhi sahi milla.

icon image of avatar
Sadia KhatunJan 15, 2026

Perfect for Loan Solutions

Recently I had a conversation with Mr. Harsh ji. Thanks Mr. Harsh ji for providing a better solution in a very short period of time with very nice behaviour. Thank You very much.

icon image of avatar
Amit ChahalJan 15, 2026

Travel ke liye personal loan liya tha

Mai bohot din se out of India ghumne jana chahti thi lekin jab jane ka time mila toh budget kaam padh raha tha, Paisabazaar se personal loan leke bht acha trip kiya. Maza agaya. Mere upar koi burden bhi nhi padha

icon image of avatar
Tarini RoyJan 14, 2026

Easy personal loan available

Took personal loan. Good experience.

icon image of avatar
Ruchika TiwariJan 14, 2026

Stress-free Laon Borrowing Process

There was a complication with my KYC verification. Paisabazaar’s Shazeb handled it swiftly and professionally. He ensured that I received regular updates, explained the resolution steps clearly, and most importantly, resolved the issue quickly. His prompt assistance and communication made the entire experience smooth and stress-free. Thanks to his efforts, the loan process was completed without further delays.

icon image of avatar
Abhishek ThakuraJan 14, 2026
View All Testimonials
Vandana Punj profile
Written ByLinkedIn icon
Vandana Punj
Shamik Ghosh profile
Reviewed ByLinkedIn icon
Shamik Ghosh

Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners

*Applicable for selected customers

Knapsack with coins

Check Best Personal Loan Offers
with Quick Disbursal

Scroll to top