What's special about us
Login
CKYC Registry
-
Customer Service Contact us Service request Locate a branch
Find all the help you need
Scan the QR, get our app, and find help on your fingertips
Help CenterSupport topics, Contact us, FAQs and more
Help Center
Support topics, Contact us, FAQs and more
-
As per amendment in the Income Tax Rules, PAN or Aadhaar are to be mandatorily quoted for cash deposit or withdrawal aggregating to Rupees twenty lakhs or more in a FY. Please update your PAN or Aadhaar. Kindly reach out to the Bank’s contact center on 1800 10 888 or visit the nearest IDFC FIRST Bank branch for further queries.
-
-
Trending
Products
Queries
How can we help you today?
We're here to solve all your queries
FAQs
How much charge does the consumer pay for availing a Consumer Durable Loan?
You might have to pay nominal processing fees, card fees, etc. depending on the product/ tenure/offer based on your eligibility criteria and offer on your loan.
Please note, Consumer Durable Loan availed for products such as mobile phone, Panel TV, Refrigerator, etc. are primarily subvented(interest amount discounted) by the manufacturers/dealers and hence the loan comes at a No Cost EMI scheme to the customers, with no additional interest to be paid above the agreed product price.
For certain models/products which are non-subvented, customer can purchase the product but will have to bear the interest or processing fees, the details of which will be available at the time of availing the loan.
Click here to go through the Schedule of Charges.
Will I be charged penalty if I foreclose my consumer durable loan?
Yes. You would be charged penalty of 5% if pre-closing your consumer durable loan. Please visit our website for more details.
Who can apply for an IDFC First Bank Consumer Durable Loan?
Salaried as well as self-employed individuals can Apply for a Consumer Durable Loan. Your age should be between 21 years and 60 years for salaried individuals, and between 21 and 65 years for self-employed individuals. Click to apply for consumer durable loan through our website or through our IDFC FIRST Bank app.
What is the maximum amount I can take through a Consumer Durable Loan?
You can take consumer durable loan up to ₹8 Lakh.
What are the available modes of repayment?
Your EMIs will be auto-debited from your bank account on the due date through the NACH/ECS/SI?UPI registered at the time of your loan application.
You can also pay your EMIs via:
- Mobile App link:https://my.idfcfirstbank.com/digital-banking-app
- Online channels - https://idfcfr.in/IDFCFB/XXNtNL via Net Banking, Debit Card, UPI, Paytm and other wallets
- IDFC FIRST Bank Branch
