- 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.
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.
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.
Calculate Your Personal Loan EMI
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₹
50K50L
8%30%
1Y 10Y
Your Monthly EMI Payment
₹0
Principal Amount₹0
Interest Amount₹0
Total Amount₹0
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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 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%
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Compare & Choose the Best Offer
Pre-approved Offers with Instant Disbursals
Know Your Chances of Approval
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
Features of IDFC FIRST Bank Personal Loan EMI Calculator
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:
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Why Choose Paisabazaar?



Compare & Choose the Best Offer
Pre-approved Offers with Instant Disbursals
Know Your Chances of Approval
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
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