IDBI Personal Loan 2025 - Quick Approval & Fast Disbursal

Documents to Apply for IDBI Bank Personal Loan

The following are the documents required to apply for an Personal Loan:

1. Signed application form with photograph

1. Copy of passport/voter ID card/driving license

1. Processing fee cheque

1. Last 3 months bank statement/6 months bank passbook

1. Documentation for salaried applicants: Latest salary slip Current dated salary certificate with the latest Form 16

1. Documentation for self-employed applicants: Latest Bank statement Latest ITR or Form 16

IDBI Personal Loan Details

Interest Rates on IDBI Personal Loan

The interest rate on personal loans and its variants offered by IDBI Bank are as mentioned below. 

The applicable interest rates are given below:

Personal Loan Fixed Interest Rates

1. Rate of Interest Range - 11.00% p.a. - 15.50% p.a.

What is the Eligibility Criteria for IDBI Personal Loan?

For personal loans for salaried and self-employed professionals

1. Aged between 21 years and 60 years. Maximum age for pensioners is 75 years.
2. Salaried: Rs.1.8 lakh p.a.
3. Self-employed: Rs.3.6 lakh p.a.
4. Minimum loan amount is Rs.25,000 and maximum loan amount is Rs.5 lakh.
5. The maximum available loan duration here is 60 months.
6. After 12 months of uninterrupted loan repayment, customers will have the option of availing a Top-Up Loan.

For salaried in-built OD a/c and in-built OD IDBI Pensioners a/c

1. Aged between 22 years and 65 years. Age up to 75 years for IDBI pensioners.
2. Maximum loan amount is 5 times of net salary.
3. Overdraft facility of 1 year for IDBI pensioners, 2 years for salaried account holders.

IDBI Loan Against Securities

Have a share or any other security in your name? You can utilise these securities purchased in your name to apply for a loan. IDBI Bank offers loans against securities that can be availed at attractive interest rates. Under this scheme, one can apply for an optional overdraft facility if required.

The bank provides loans to those who have purchased mutual funds, life insurance policies, dematerialised equity shares, Kisan Vikas Patra, RBI bonds, national savings certificates, etc. The loan limit will depend on the market value of the securities.

IDBI Reverse Mortgage Loan

Are you looking for ways to get some extra income? If you are a senior citizen, you can apply for a reverse mortgage loan from IDBI Bank to make some additional money. You can utilise this loan scheme to renovate your living space, to pay the insurance premium for your home, or for family emergencies.

In order to apply for this loan, your age will need to be above 60 years. You will need to repay this loan within 20 years. The loan amount will be Rs.2 crore. The rate of interest for this loan is 11.50% p.a.

How do I calculate IDBI Personal Loan EMI?

There is a dedicated EMI calculation tool in our website. The personal loan calculator can be accessed from the homepage in the ‘Financial Tools’ sub-category at the top of the page.

On reaching the EMI calculator page, you will see two scales marked as “Loan Amount” and “Tenure”. Drag the scale to the relevant amount and loan tenure that you are looking to pay. Under the scales, there are two boxes marked “Interest Rate” and “Processing Fee”. Both are self-explanatory and the exact figures may be entered by you.

On entering the details and clicking “Calculate”, you will be taken to a new page with charts and graphs that show you the loan breakup, amortization, and repayment details in a visually attractive and easy-to-understand way.

IDBI Personal Loan Customer Care Number

You can get in touch with the bank's IDBI personal loan customer care representatives by calling on their customer care helpline number. If you are calling from India, you can use the toll-free number or the non-toll-free number of the bank.

You can send a message to the bank at 9220800800 with the following text: 'IDBICARE'. You may also fill an online grievance redressal form for getting your troubles resolved. You may also send an email to the bank with your complaint details.

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