IDBI Personal loan | Interest Rates 2020 | Eligibility | Rates | EMI

IDBI Personal Loan – Compare IDBI personal loan Interest Rates, Documents, Eligibility and EMI. personal loan of IDBI bank online.

IDBI Bank Personal Loan Details

Interest Rates 9.65% – 12.40%
Repayment Upto 5 Years
Max. Loan 10 Lakh
Min. Loan 25000
Processing Fees 1.00% + ST
Prepayment / foreclosure charges 2.00%
Min. Income 180000/-

₹ 273,923 crores worth of Personal Loan Applications received! (last updated on 17 February 2020)

Compare Personal Loan Rates – Eligibility – Process of Top 10 Banks. Check CIBIL score absolutely FREE.

Loan Amount

Employment Status


Take a IDBI personal loan and go ahead and have all the things you’ve been dreaming of .The loans are both for salaried and Professionals.IDBI Bank offers for personal loan

* Loan up to Rs.10 lacs
* Attractive personal loan Rate
* Low Processing Fees & Documentation Charges
* Faster Approval & Minimum Documentation
* Repayment period up to 60 months
* No collateral/security The Loan tenure is 1 yr – 5 yrs.
* Loan amount = Rs. 50,000 – Rs.1000000.
* Salaried Individuals, Pensioners & Self Employed Professionals (SEPs) are eligible to take personal loan from IDBI Bank.

IDBI Personal Loan Interest Rates 2020

1. Pension Account with overdraft facility (For retired IDBI Staff) = 9.65%
2. Salary / Pension Account with overdraft facility (For others) = 12.40%
4. Salaried customers not maintaining salary accounts with IDBI Bank & Self Employed Professionals having liability relationship with IDBI Bank = 13.49%
5. Salaried individuals & Self Employed Professionals who have availed Home Loan/ Loan Against Property from us (only full disbursed cases) = 12.49%


* Minimum Annual Net income of Rs 1.8 lakh
* No Minimum annual average balance required for salary account holders & pension account holders with IDBI Bank.
* Minimum Annual Average balance of Rs 25000 or Minimum Business Income of Rs 2.4 lakh for last 2 years ITR.
* Minimum age at apply should be 22 years & 75 years at closing of loan.

A Loan designed to meet various financial requirements of the salary account holders with IDBI Bank.

Loan Amount :

  • Minimum : Rs. 25000 for Pensioners & 50000 for salaried/self employed
  • Maximum : Rs. 1000000

Minimum Net Salary :

  • Based on the classification of cities the minimum net salary ranges from Rs. 15,000 per month

Prepayment Charges : Nil

Tenor :

  • Minimum 12 Months
  • Maximum: 60 months

Collateral Security means:
Govt. Securities/ Public Sector Bonds/ Units of UTI, NSC, KVP, LIC policy (Surrender Value), Bank Deposit (The minimum value should be at least equivalent of the loan amount sought).

Source: IDBI Bank Ltd. Website