IDFC FIRST Bank EMI Calculator
Estimate your monthly EMI for a IDFC FIRST Bank personal loan at 9.99% p.a.. Adjust the amount, rate and tenure to plan repayment before you apply.
Your Monthly EMI
₹8,791
per month
₹1,05,493
Total Payable
₹1,00,000
₹5,493
IDFC FIRST Bank Loan at a Glance
9.99% p.a.
Interest Rate
₹15,00,000
Max Loan
9 months to 60 months
Tenure
0% to 3.5% + GST
Processing Fee
'In as little as 10 minutes on approval' after video KYC (product pages), subject to verification and credit assessment; the fees page also says funds are credited 'within hours'
Disbursal
What a ₹1,00,000 IDFC FIRST Bank Loan Costs
Here's a worked example for a ₹1,00,000 loan over 12 months at 9.99% p.a. — the interest is what you pay on top of the amount you borrow.
₹8,791
Monthly EMI
₹5,492
Total Interest
₹1,05,492
Total Repayment
Note: a processing fee (0% to 3.5% + GST) and applicable GST are charged separately and are not included above.
IDFC FIRST Bank EMI Table @ 9.99% p.a.
| Loan Amount | 6 months | 12 months | 18 months | 24 months | 36 months |
|---|---|---|---|---|---|
| ₹10,000 | ₹1,716 | ₹879 | ₹601 | ₹461 | ₹323 |
| ₹25,000 | ₹4,289 | ₹2,198 | ₹1,501 | ₹1,154 | ₹807 |
| ₹50,000 | ₹8,578 | ₹4,396 | ₹3,003 | ₹2,307 | ₹1,613 |
| ₹1,00,000 | ₹17,156 | ₹8,791 | ₹6,005 | ₹4,614 | ₹3,226 |
| ₹2,00,000 | ₹34,311 | ₹17,582 | ₹12,010 | ₹9,228 | ₹6,452 |
| ₹5,00,000 | ₹85,778 | ₹43,956 | ₹30,026 | ₹23,070 | ₹16,131 |
| ₹10,00,000 | ₹1,71,556 | ₹87,911 | ₹60,052 | ₹46,140 | ₹32,262 |
* EMI calculated using the reducing-balance method at 9.99% p.a. (0.83% per month). Your actual EMI depends on the rate IDFC FIRST Bank offers you. Rate sourced from IDFC FIRST Bank's official disclosures, verified 4 Nov 2026.
How IDFC FIRST Bank EMI Is Calculated
An EMI (Equated Monthly Instalment) is the fixed amount you repay each month — part interest, part principal. IDFC FIRST Bank uses the standard reducing-balance formula, so the interest portion shrinks every month as your outstanding balance falls.
- P = principal (the amount you borrow)
- r = monthly interest rate = annual rate ÷ 12 ÷ 100 (here, 9.99% ÷ 12 = 0.83%)
- n = number of monthly instalments (the tenure)
How to Lower Your IDFC FIRST Bank EMI
Choose a longer tenure
Spreading the loan over more months cuts each EMI — but raises total interest, so balance affordability against cost.
Borrow only what you need
A smaller principal means a smaller EMI. Avoid topping up just because a higher limit is offered.
Improve your credit score
A higher CIBIL score can earn a lower rate than 9.99% p.a., directly reducing your EMI.
Prepay when you can
Part-prepaying early in the tenure lowers the outstanding balance and the interest you pay on every future EMI.
Ready to apply with IDFC FIRST Bank?
Check your eligibility in under two minutes — no impact on your credit score — and see the rate and EMI you actually qualify for.
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