IDBI Bank Personal Loan

Home » Personal Loan » IDBI Bank Personal Loan

4.5

Average Review

IDBI Bank Personal Loan

Get IDBI Bank Personal Loan for salaried, self-employed & pensioners. Tenure up to 60 months, OD facility, easy processing & low charges.

Visit Site Apply Now Terms & Conditions Apply

Details for IDBI Bank Personal Loan

IDBI Bank Personal Loan offers flexible solutions for salaried individuals, self-employed professionals, and pensioners. With a loan tenure of up to 60 months, minimal processing charges, and zero pre-closure fees after 6 months, it’s a hassle-free borrowing option. Customers with salary or pension accounts in IDBI enjoy an inbuilt overdraft facility. Whether you need funds for emergencies, travel, or personal needs, IDBI ensures convenience, quick processing, and tailored offerings to suit diverse financial profiles.

₹
Loan Amount

25,000/- to 5,00,000/-

₹
Interest Rate

11.00% p.a. - 15.50% p.a.

Age

  • Aged between 21 years and 60 years. Maximum age for pensioners is 75 years.

CIBIL Score

  • A CIBIL score of 730 or above is generally considered good for approving a personal loan.

Required Documents

  • Signed application form with photograph
  • Copy of passport/voter ID card/driving license
  • Processing fee cheque
  • Last 3 months bank statement/6 months bank passbook
  • Documentation for salaried applicants: Latest salary slip Current dated salary certificate with the latest Form 16
  • Documentation for self-employed applicants: Latest Bank statement Latest ITR or Form 16

Minimum Monthly Income

  • Salaried: Rs.1.8 lakh p.a. and Self-employed: Rs.3.6 lakh p.a.

Loan Processing Charges

  • 1.1% of the loan amount plus applicable taxes

Features

  • Loan Tenure 60 Month
  • Pre-closure Charges - 2.00% + applicable taxes. After 6 months the charges are NIL.
  • IDBI personal loans are available as 3 variants - Salaried, self-employed professionals and pensioners, Salary a/c in IDBI with built-in Overdraft (OD) facility and Salary a/c in IDBI with built-in OD facility to IDBI Bank Pensioners

Share with

₹10,000₹1,00,00,000

0%20%

1 Year30 Years

IDBI Bank Personal Loan EMI Calculator

Principal amount

₹1,00,000

Interest amount

₹542

Total amount payable

₹1,00,542

Your Monthly EMI is ₹8,379
Apply Now