IDBI Bank offers personal loans at 9.50% p.a. for loan amounts ranging from Rs 25,000 to Rs 5 lakh for a period of 5 years. It also allows personal loan debtors to make partial payments. IDBI Bank Personal Loan candidates are also granted top-up loans in addition to their existing personal loans.
IDBI Personal Loan Interest Rate |
9.50%-14.00% p.a. |
Term |
5 years |
Maximum Amount |
Rs 5 lakh |
Processing Charges |
1% |
Minimum Income |
Rs 1.8 lakh p.a. for salaried |
The following are the features-
Following are the types of IDBI Personal Loan Schemes-
Existing IDBI Bank personal loan clients with a 12-month clear repayment history are eligible.
Here is the table to show the IDBI Bank personal loan rate of interest-
Minimum Personal Loan Interest in IDBI Bank |
9.50% p.a. |
Maximum Personal Loan Interest Rate |
14.00% p.a. |
Processing Fee |
1% |
Personal loans are available from the bank to salaried individuals, retirees, and self-employed professionals (SEPs). All of the following people are eligible to apply-
Banks/NBFCs |
Interest Rates (p.a.) |
SBI |
10.30%-15.10% |
ICICI Bank |
10.75% onwards |
Kotak Mahindra Bank |
10.99% onwards |
IndusInd Bank |
10.49% onwards |
IDFC First Bank |
10.75% onwards |
Bajaj Finserv |
13.00% onwards |
Axis Bank |
10.25% onwards |
Tata Capital |
10.99% onwards |
HDFC Bank |
11.00% onwards |