FIRSTmoney Fees & Charges

Personal
Personal Credit Card NRI Wealth Startup Solutions Corporate MSME Gift City

What's special about us
Customer Service

Help Center Support topics, Contact us, FAQs and more
Login

Are you ready for an upgrade?

Login to the new experience with best features and services

Login to Internet banking

For Loan Accounts
Pay Loan EMI

For Wholesale Accounts
Login to Wholesale Banking (New Portal)
Login

Are you ready for an upgrade?

Login to the new experience with best features and services

Login to Internet banking

For Loan Accounts
Pay Loan EMI

For Wholesale Accounts
Login to Wholesale Banking (New Portal)

Customer care hotline 1800 10 888

Customer Service

Help Center Support topics, Contact us, FAQs and more
Customer care hotline Call 1800 10 888

Notifications

Types of Fees

The interest rates at IDFC FIRST Bank are regularly updated depending on market conditions. Refer to the table below to know our current loan rates.

Product type	ROI%(Fixed ROI- Monthly Reducing)
FIRSTmoney	ROI Starting from 10.99%*

* T&C Apply

Refer the table below to know applicable Schedule of Charges:

Types of Fees	Applicable Charges
Processing fees (including GST)	2%
Late payment/Penal charges	2% of the unpaid EMI
Stamping Charges	As per actuals
EMI Bounce charges per presentation	EMI Bounce Charges 7.5% of the EMI/ Outstanding amount (minimum ₹ 400 & maximum ₹ 1000)
Cheque/ Mandate Swap charges (per swap)	₹ 500.00
EMI Pickup/Collection Charges	₹ 500.00
Duplicate No Objection Certificate Issuance Charges	₹ 500.00
Physical Statement of Account/Repayment Schedule	₹ 500.00
Foreclosure / Prepayment charges	NIL
Document retrieval charges (per retrieval)	₹ 500.00
Cooling-Off Period (Borrower can exit the loan within the cooling-off period by paying the principal and the proportionate charges without any penalty. The loan can be cancelled within 3 days in the cooling off period)	3 days

GST, as applicable, will be levied on all service charges.

The above Schedule of Charges is subject to revisions from time-to-time by the Bank, and will be updated here on the official Bank website.

Please refer your loan document for all the schedule of charges applicable to your loan.

Pre-Qualified Loans Schedule of Charges

For Pre-Qualified Loans refer the table below to know applicable Schedule of Charges:

Types of Fees	Applicable Charges
Processing fees (excluding GST)	Upto 3.50% of disbursed loan amount for pre-qualified loans
Late payment/Penal charges	2% per month (Exclusive of GST) of the unpaid EMI or Rs 300 (Exclusive of GST) whichever is higher
Stamping Charges	As per actuals
EMI Bounce charges per presentation	7.5% of EMI bounced with minimum charge of Rs. 400 & maximum of Rs. 1000 (excluding GST)
Cheque/ Mandate Swap charges (per swap)	500 Exclusive of GST
EMI Pickup/Collection Charges	500 Exclusive of GST
Duplicate No Objection Certificate Issuance Charges	500 Exclusive of GST
Physical Statement of Account	500 Exclusive of GST
Physical Repayment Schedule	500 Exclusive of GST
Document retrieval charges (per retrieval)	500 Exclusive of GST
Foreclosure / Prepayment charges	For Pre-Qualified loans, Allowed after payment of 12 or more EMI’s or 12 months whichever is later. 5% foreclosure charges applicable on principal outstanding For Pre- Qualified FIRSTMoney, Allowed anytime without any charges.
Cancellation/Rebooking charges	No charges within 15 days of disbursement or 1st EMI presentation whichever is earlier. Post 15 days or 1st EMI presentation, request for cancellation will be treated as foreclosure
Part-Payment Clause	Not Allowed

GST, as applicable, will be levied on all service charges.

Discover Our Products

Car Loan

Get up to 90% funding on purchase of new car

Know More

Home Loan

Get Home loans of up to ₹5 crores

Apply Now Know More

Loan Against Property

Get loans up to ₹7 crores against your property

Apply Now Know More

Get in touch with us

Add a note of appreciation

Customer Support

Locate our branch

Notifications

How do I upload my signature?

How do I track service requests which I have already raised?

IDFC FIRST Bank Mobile App

Drop a ‘Hi 👋’ on 9555 555 555

Call us on 1800 10 888

Locate our nearby