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IDFC Bank Personal Loan EMI Calculator

IDFC Bank personal loan EMI calculator is a free online tool used by personal loan borrowers to calculate their loan EMI in advance. Using an IDFC personal loan calculator, borrowers can check their EMI affordability, determine the optimum loan tenure for comfortable repayments and plan finances more efficiently to ensure timely loan repayments. Borrowers can also use Paisabazaar’s EMI Calculator for Personal Loan to choose the optimal tenure and EMIs for their IDFC Personal Loan depending on their repayment capacity.

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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 Fee6,500
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%
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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

Features of IDFC FIRST Bank Personal Loan EMI Calculator

  • IDFC FIRST personal loan EMI calculator evaluates the monthly installments and overall borrowing cost.
  • It is accurate, time-saving and user-friendly.
  • The results are obtained instantly.
  • You can compare different scenarios of loan amount, interest rate and loan tenure.
  • It assesses the financial stability of the individual and helps with planning the EMI according to the budget.

Comparison of IDFC FIRST Bank Personal Loan EMI with Other Lenders

Banks/NBFCs Interest Rates (p.a.) EMI (Rs.)

(Loan Amount - Rs. 5 Lakh

Loan Tenure - 5 years)

State Bank of India 10.05% - 15.05% 10,636 - 11,908
HDFC Bank 9.99% onwards 10,621 onwards
Axis Bank 9.99% onwards 10,621 onwards
ICICI Bank 10.45% onwards 10,735 onwards
Kotak Mahindra Bank 9.98% onwards 10,619 onwards
IndusInd Bank 10.49% onwards 10,744 onwards
IDFC FIRST Bank 9.99% onwards 10,621 onwards
Federal Bank 12.0% - 19.5 % 11,122 - 13,108
YES Bank 10.85% - 21.00% 10,834 - 13,527
Tata Capital 10.99% onwards 10,869 onwards
Aditya Birla Finance 10.99% onwards 10,869 onwards
L&T Finance 11.00% onwards 10,871 onwards
Hero Fincorp Up to 30.00% Up to 16,177
Piramal Finance 12.14% onwards 11,158 onwards
Poonawalla Fincorp 9.99% onwards 10,621 onwards
Moneyview 14% onwards 11,634 onwards

IDFC FIRST Bank Personal Loan Amortisation Schedule

Suppose you borrow a loan amount of Rs. 15 lakh @ 9.99% p.a. for a tenure of 5 years, then the following will be your amortization schedule for 1 year. For the remaining period, the principal component will continue to increase at the same pace, while the interest portion will gradually decrease.

Month EMI (Rs.) Principal (Rs.) Interest (Rs.) Closing Balance (Rs.)
1 31,863.19 19,375.69 12,487.50 14,80,624.31
2 31,863.19 19,536.99 12,326.20 14,61,087.32
3 31,863.19 19,699.63 12,163.55 14,41,387.69
4 31,863.19 19,863.63 11,999.55 14,21,524.05
5 31,863.19 20,029.00 11,834.19 14,01,495.05
6 31,863.19 20,195.74 11,667.45 13,81,299.31
7 31,863.19 20,363.87 11,499.32 13,60,935.44
8 31,863.19 20,533.40 11,329.79 13,40,402.04
9 31,863.19 20,704.34 11,158.85 13,19,697.70
10 31,863.19 20,876.70 10,986.48 12,98,821.00
11 31,863.19 21,050.50 10,812.68 12,77,770.50
12 31,863.19 21,225.75 10,637.44 12,56,544.75

How Does the IDFC FIRST Bank Personal Loan EMI Calculator Work?

IDFC FIRST Bank personal loan EMI calculator works in the following steps:

  • Enter the loan amount, interest rate, loan tenure in the EMI calculator.
  • Click on “enter” and get instant results.
  • You can also check the amortization schedule in addition to the EMIs.

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All Your Needs

What are the Benefits of Using IDFC FIRST Personal Loan EMI Calculator?

  • The Personal Loan EMI calculator gives accurate results.
  • The calculation is quick and saves a lot of time which is otherwise be consumed in manual calculations.
  • The calculator is user-friendly and easy-to-use.
  • Helps in comparing multiple scenarios of personal loans.
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

Avail Personal Loan for
All Your Needs

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