What's special about us
Customer Service
Login
CKYC Registry
- Accounts
-
Deposits
IDFC FIRST Bank Deposits
View all Deposits -
Loans
IDFC FIRST Bank Loans
View all Loans - Wealth & Insure
-
Payments
IDFC FIRST Bank Payments
View all Payments -
Cards
IDFC FIRST Bank Cards
View all Cards
- Corporate Account
-
Cash Management Services
IDFC FIRST Bank Cash Management Services
View all Cash Management Services - Supply Chain Finance
-
Corporate Lending
IDFC FIRST Bank Lending
View all -
Treasury
IDFC FIRST Bank Treasury
See more details - NBFC Financing
-
Customer care hotline Call 1800 10 888
Accounts
- IDFC FIRST Bank Accounts
-
Savings Account
-
Corporate Salary
Account -
Senior Citizens
Savings Account -
First Power
Account -
Current Account
-
NRI Savings
Account -
TASC Institutional
Account -
Savings Account
Interest Calculator
Deposits
- IDFC FIRST Bank Deposits
-
Fixed Deposit
-
Recurring Deposit
-
NRI Fixed Deposit
-
Safe Deposit Locker
-
FD Calculator
-
RD Calculator
Loans
- IDFC FIRST Bank Loans
-
Personal Loan
-
Consumer Durable
Loan -
Home Loan
-
Business Loan
-
Professional Loan
-
Education Loan
-
New Car Loan
-
Pre-owned Car Loan
-
Two Wheeler Loan
-
Pre-owned Two
Wheeler Loan -
Commercial Vehicle
Loan -
Gold Loan
-
Loan Against Property
-
Loan Against Securities
-
Easy Buy EMI card
-
Personal Loan
EMI Calculator -
Education Loan
EMI Calculator -
Home Loan
EMI Calculator
Wealth & Insure
- IDFC FIRST Bank Wealth & Insure
-
FIRST Select
-
FIRST Wealth
-
FIRST Private
-
Mutual Funds
-
Sovereign Gold Bond
-
Demat Account
-
Term Insurance
-
Life Insurance
-
Health Insurance
-
General Insurance
-
Bonds
-
Loan Against
Securities -
Portfolio Management
Service
Payments
- IDFC FIRST Bank Payments
-
FASTag
-
Credit Card
Bill Payments -
UPI
-
Funds Transfer
-
Forex services
-
Pay Loan EMI
Cards
- IDFC FIRST Bank Cards
-
Ashva :
Metal Credit Card -
Mayura :
Metal Credit Card -
FIRST Millennia
Credit Card -
FIRST Classic
Credit Card -
FIRST Select
Credit Card -
FIRST Wealth
Credit Card -
FIRST WOW!
Credit Card -
Forex Card
-
Deals
-
Debit Cards
-
Co-branded Cards
-
Credit Card
EMI Calculator -
FIRST Corporate
Credit Card -
FIRST Purchase
Credit Card -
FIRST Business
Credit Card
Premium Metal
- Premium Metal Credit Cards
-
AshvaLifestyle1% Forex₹2,999
-
MayuraLifestyleZero Forex₹5,999
-
FIRST PrivateInvite Only
0% Forex & Travel
- Best for travellers
-
MayuraZero ForexMetal₹5,999
-
Ashva1% ForexMetal₹2,999
-
FIRST WOW!Zero ForexTravelLifetime Free
-
FIRST SWYPTravel OffersEMI₹499
-
FIRST Select1.99% ForexLifestyleLifetime Free
-
FIRST Wealth1.5% ForexLifestyleLifetime Free
-
Club VistaraTravelLifestyle₹4,999
Lifetime Free
- Max benefits, Free for life
-
FIRST Classic10X RewardsShoppingNever Expiring Rewards
-
FIRST Millennia10X RewardsShoppingNever Expiring Rewards
-
FIRST Select10X RewardsLifestyle1.99% Forex
-
FIRST Wealth10X RewardsLifestyle1.5% Forex
-
FIRST WOW!RewardsTravelZero Forex
-
LIC ClassicRewardsInsuranceShopping
-
LIC SelectRewardsInsuranceShopping
10X Rewards
- Reward Multipliers
-
AshvaLifestyleMetal₹2,999
-
MayuraLifestyleZero Forex₹5,999
-
FIRST ClassicNever Expiring RewardsShoppingLifetime Free
-
FIRST MillenniaNever Expiring RewardsShoppingLifetime Free
-
FIRST SelectNever Expiring RewardsLifestyleLifetime Free
-
FIRST WealthNever Expiring RewardsLifestyleLifetime Free
UPI Cards
- Rewards & Credit on UPI
-
FIRST Power+FuelUPI₹499
-
FIRST PowerFuelUPI₹199
-
FIRST EA₹NVirtual1% Cashback₹499
-
FIRST DigitalVirtualUPI₹199
Fuel & Utility
- Fuel and Savings
-
FIRST PowerRewardsUPI₹199
-
FIRST Power+RewardsUPI₹499
-
LIC ClassicRewardsInsuranceShopping
-
LIC SelectRewardsInsuranceShopping
Showstopper
- Express and Flaunt
-
AshvaMetal1% Forex₹2,999
-
MayuraMetalZero Forex₹5,999
-
FIRST SWYPEMIOfferMAX₹499
-
FIRST MillenniaRewardsShoppingLifetime Free
Credit Builder
- FD Backed rewarding Credit Cards for all
-
FIRST EA₹NVirtualCashback₹499
-
FIRST WOW!Zero ForexTravelLifetime Free
-
CreditPro Balance TransferTransfer & SaveReduce InterestPay Smartly
More
NRI Savings Account
NRI Fixed Deposit
FOREX Solutions
Transfer to NRE
Corporate Account
Cash Management Services
Corporate Lending
Treasury
MSME Accounts
- IDFC FIRST Bank MSME Accounts
-
Platinum Current
Account -
Gold
Current Account -
Silver Plus
Current Account -
Merchant Multiplier
Account -
Agri Multiplier
Account -
TASC Institutional
Account -
Dynamic Current
Account -
World business
Account -
First Startup
Current Account
Trade Services
MSME Loan
- IDFC FIRST Bank Business Loans
-
Unsecured - Business Loan
-
Unsecured - Professional Loan
-
Secured - Loan Against Property
-
Working Capital Loan
-
Construction Equipment Loan
-
Machinery Loan
-
Healthcare Equipment Loan
MSME Solutions
- IDFC FIRST Bank Business Solutions
-
Payments
-
Collections
-
Tax Payments
-
Doorstep Banking
-
Point of Sale (POS)
Offers
About Us
Investors
ESG
-
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
QueriesMost Searched
Top Products
Popular Searches
Bank Accounts
Populer FAQs
How do I upload my signature?
Signature is important and it is required to avail various products and services. To upload your signature
1. Go to More
2. Select Customer Service Dashboard
3. Select ‘Savings/Current Accounts’
4. Select ‘Upload Signature’ to upload your signature.
How do I track service requests which I have already raised?
That's easy! Follow these steps to track your service requests:
1. From the home page of the app, tap on "Customer Service" section
2. Scroll down to "Track my service requests" to find all your requests
Sorry!
We couldn’t find ‘’ in our website
Here is what you can do :
- Try checking the spelling and search
- Search from below suggestions instead
- Widen your search & try a more generic keyword
Suggested
Get a Credit Card
Enjoy Zero Charges on All Commonly Used Savings Account Services
Open Account Now
Enjoy Zero Mark-up on Forex Transactions on your FIRST WOW! Credit Card
Apply Now
Get the assured, FD-backed FIRST Ea₹n Credit Card
Apply Now
Personal Loan
Quick loan vs Express loan: Key differences explained
Key Takeaways
Quick loans and express loans provide fast financial solutions during emergencies, offering flexibility and ease of access.- Quick loans are typically for smaller amounts with instant approvals, while express loans cater to larger sums with relatively quick processing.
- Both loan types serve specific purposes; understanding their differences can help you choose the right option for your needs.
- IDFC FIRST Bank’s FIRSTmoney smart personal loan is a seamless solution for urgent financial needs.
Urgent financial needs can arise anytime. It could be a financial emergency, last-minute trip, or any other unforeseen expense. An instant personal loan is tailored for such situations and can truly be a lifesaver. Some examples of instant personal loans include quick loans and express loans, which are designed to provide an immediate access to funds. Do note that these two types differ in terms of the loan amount, processing time, and repayment plans. Understanding the key differences between these two loan options can help you with making the right choice based on your specific financial needs.
READ MORE
What is a quick loan?
A quick loan is a financial product designed to typically offer small loan amounts with minimal documentation and instant approvals. These loans are ideal for minor emergencies, such as covering utility bills, small repairs, or immediate medical needs.
Key features of quick loans:
- Small loan amounts, typically up to a few lakhs depending on the bank policy.
- Minimal documentation, often requiring only basic identification like your PAN card, Aadhaar card, and bank statements.
- Quick disbursal, sometimes within minutes of approval.
- Shorter repayment tenures ranging from a few weeks to months.
Quick loans are perfect for those who need funds immediately and can repay the amount within a short period.
Whether you need funds for small or significant expenses, IDFC FIRST Bank’s FIRSTmoney ensures convenience and efficiency at every step.
What is an express loan?
An express loan, on the other hand, is a personal loan offering larger amounts with expedited processing. These loans are suitable for significant financial needs, such as home renovations, weddings, or higher medical expenses and more.
Key features of express loans:
- Higher loan amounts, usually ranging up to ₹10 lakh or more depending on the bank’s policy
- Moderate documentation requirements, including income proof and identification
- Quick processing, typically within 24 hours
- Flexible repayment tenures, often extending up to 5 years
Express loans balance speed with comprehensive financial support, making them suitable for planned yet urgent expenses.
What are the key differences between quick loan and express loan?
Aspect |
Quick loan |
Express loan |
Loan amount |
Small – depending on bank’s policies |
Larger – 10 lakhs or more depending on the bank) |
Approval speed |
Instant (within minutes) |
Fast (within a few hours) |
Documentation |
Minimal (e.g., PAN card, Aadhaar card, and bank statements) |
Moderate (e.g., income proof, ID proof, bank statements, etc.) |
Repayment tenure |
Short (weeks to months) |
Longer (up to 5 years) |
Use case |
Minor emergencies |
Major planned or emergency expenses |
Which one should you choose according to your need?
- Opt for a quick loan if you need a small amount of money immediately and can repay it within a short period.
- Choose an express loan if you require a larger sum and want a structured repayment plan with a longer tenure.
Why IDFC FIRST Bank’s FIRSTmoney smart personal loan is your best choice?
IDFC FIRST Bank’s FIRSTmoney smart personal loan combines the best of quick and express loans to provide a superior borrowing experience. Here’s why it stands out:
- Zero foreclosure charges: Pay off your loan early without incurring penalties.
- Zero paperwork: Apply with just your PAN card, making the process hassle-free.
- Competitive interest rates: Enjoy affordable EMIs with attractive rates starting at just 10.70% per annum.
- Extended tenure: Flexible repayment options ranging from 2 months to 60 months to suit your financial planning.
- Swift disbursal: Receive funds within minutes after approval for quick access during emergencies.
Conclusion
Both quick loans and express loans cater to different financial needs, and understanding their differences is key to making the right choice. While quick loans are ideal for minor emergencies, express loans are better suited for larger financial commitments.
With IDFC FIRST Bank’s FIRSTmoney smart personal loan, you can enjoy the benefits of both loan types — instant disbursals, flexible repayment, and minimal documentation — making it the perfect solution for any urgent financial requirement. Apply today to experience hassle-free borrowing and stay financially secure.
Disclaimer
The contents of this article/infographic/picture/video are meant solely for information purposes. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject IDFC FIRST Bank or its affiliates to any licensing or registration requirements. IDFC FIRST Bank shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.
The features, benefits and offers mentioned in the article are applicable as on the day of publication of this blog and is subject to change without notice. The contents herein are also subject to other product specific terms and conditions and any third party terms and conditions, as applicable. Please refer our website www.idfcfirstbank.com for latest updates.
