mob-head
Get App
close img

Find all the help you need

Download our app and find help on your fingertips

apple-logo playstore-logo
Download our app
Help Center

Support topics, Contact us, FAQs and more

Explore Personal Banking
Accounts
Deposits
Loans
Wealth & Insure
Payments
Cards
Blogs
What's special about us
Customer Support
Explore all Credit Cards
Premium Metal
0% Forex & Travel
Lifetime Free
10X Rewards
UPI Cards
Fuel & Utility
Showstopper
Credit Builder
More
Customer Support
Explore NRI Banking
NRI Savings Account
NRI Fixed Deposit
GIFT City
FOREX Solutions
Transfer to NRE
Markets & Beyond
Customer Support
Explore Startup Solutions
Explore Corporate Banking
Corporate Account
Cash Management Services
Supply Chain Finance
Corporate Lending
Treasury
NBFC Financing
Customer Support
BRAVO (Auto Sweep)
Explore Business Banking
MSME Accounts
Trade Services
MSME Loan
MSME Solutions
Debit Card
Offers
Customer Support
Explore GIFT City
About Us
Investors
Careers
IDFC FIRST Academy
ESG

FOLLOW US ON :

Download Now

  • App Store
  • Google Play

Notifications

  • 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.

  • Activate your Credit Card within minutes and enjoy unlimited benefits

    Know More

  • One FASTag, three payments:Toll, fuel and parking

    The only FASTag with triple benefits

    Apply Now
Apply Now

Get ₹60,000 Personal Loan Instantly with FIRSTmoney

IDFC FIRST Bank's FIRSTmoney offers a seamless way to apply for a ₹60,000 personal loan, tailored to meet your diverse financial needs without the hassles of applying for a new loan each time. Whether it's for managing medical emergencies, requirement for urgent funds, planning a vacation, or handling unforeseen expenses, this loan provides a flexible and quick solution. With attractive interest rates and zero foreclosure charges, FIRSTmoney can be an ideal tool for all your financial needs.

Apply now

Features and Benefits of a ₹60,000 Personal Loan

Zero Foreclosure Penalty

Zero Foreclosure Penalty

Planning to repay early? With FIRSTmoney, you can close your loan early without any extra charges. Enjoy the flexibility of foreclosing your loan whenever it suits you with no foreclosure cost.

100% Digital Application

100% Digital Application

No paperwork, no waiting. FIRSTmoney offers a seamless digital experience from start to finish. Apply online, customise your loan, and complete the process from the comfort of your home. Start your application simply by clicking on the “Apply Now” button.

Low Interest Rates

Low Interest Rates

FIRSTmoney keeps your loan affordable from day one. With interest rates starting at just 9.99% p.a., your EMIs stay pocket-friendly, making it easier to plan and stay ahead financially.

Easy Loan Repayment Options

Easy Loan Repayment Options

Your repayment schedule should work for you. FIRSTmoney lets you pick a tenure between 9 to 60 months, so you can manage your EMIs without strain. Whether short or long-term, the choice is always yours.

Quick Disbursal

Quick Disbursal

Get funds when you need them the most. FIRSTmoney’s fully digital process ensures instant approvals and fast disbursals. No paperwork, no delays—just quick access to what matters most.

Multiple On-Demand Loans

Multiple On-Demand Loans

With FIRSTmoney, you can easily request for additional funds whenever the need arises. A few clicks, and you’re covered, without redoing the entire process.

₹60,000 Personal Loan Eligibility and Documentation

Eligibility
  • eligibility CIBIL score: To obtain the FIRSTmoney loan, applicants need to have a good credit record and a CIBIL score of 730 and above.
  • eligibility Employment: FIRSTmoney loans are available to both salaried and self-employed individuals.
  • eligibility Age: Anyone aged between 21 to 60 years can apply for this smart personal loan.
Documents
  • documentation Remove the hassles of lengthy documentation with FIRSTmoney smart loans. You can save your time and effort to focus on other things. To apply for a ₹ 60,000 personal loan from FIRSTmoney, all you need is to present your physical PAN card at the time of video KYC.
Eligibility

What is the EMI for a 60,000 personal loan

The EMI for a ₹60,000 personal loan at IDFC FIRST Bank is calculated using the reducing balance method. In this method, the interest is calculated only the outstanding balance, rather than the original loan amount. This ensures you pay less interest over time.

The bank uses reducing balance method to calculate the EMI for a ₹60,000 personal loan through FIRSTmoney, this technique determines interest based on the remaining loan balance. While the EMI remains constant throughout repayment, the portion allotted to principal repayment grows while the interest component diminishes over time.

For easy calculation of your EMIs, consider utilising the Personal Loan EMI Calculator. Simply adjust the slider to input the following details: the loan amount, interest rate, and tenure. You can also determine a repayment figure for amounts below and above ₹ 60,000 that aligns comfortably with your financial requirements.

Use a personal loan EMI calculator to estimate your monthly payments accurately.

How to apply for ₹ 60,000 personal loans using FIRSTmoney

Step 1

Start by scanning the QR code or clicking loan from your smartphone.

Step 2

Register using your mobile number and confirm basic/personal details to check your eligibility.

Step 3

Choose your loan preferences, including the tenure and repayment terms.

Step 4

Link your bank account where you wish the funds to be disbursed.

Step 5

Complete the video KYC verification process with your physical PAN card.

Our App Ratings

1.74 million+

Happy users

4.9

Play Store

4.8

App Store

Interest rates for a ₹60,000 personal loan start @9.99% p.a..

Interest rates for a ₹60,000 personal loan start @9.99% p.a.

Visit the Fees and Charges section to know more.

Know More

Frequently asked questions

Can I get loan amounts above ₹60,000 with FIRSTmoney?

Yes, IDFC FIRST Bank's FIRSTmoney offers personal loans that can go up to ₹10 lakhs. This smart personal loan offers greater flexibility to avail funds more easily without starting the loan application from scratch.

How can I check my eligibility for a ₹60,000 personal loan?

You can check your eligibility for a ₹60,000 personal loan through the IDFC FIRST Bank website or mobile app. The eligibility is based on factors like your credit score, stable income through salary or self-employment, and age ranging between 21 to 60 years.

How is the interest rate for a ₹60,000 personal loan determined?

The interest rate for a ₹60,000 personal loan is determined by the reducing balance method. Additionally, the interest offered depends on several factors, including your credit score, income level, loan amount, and tenure. IDFC FIRST Bank offers competitive rates, tailored to your financial profile.

What is the monthly interest on a ₹60,000 personal loan?

The monthly interest on a ₹60,000 personal loan varies depending on the interest rate and tenure. You can calculate the exact amount using the bank's online EMI calculator.

Which documents are required for a ₹60,000 personal loan application?

You only need your PAN card during the V-KYC (Video KYC) process to apply for IDFC FIRST Bank’s FIRSTmoney smart personal loan.

How to get a ₹60,000 loan in one day?

To get a ₹60,000 loan in one day, apply through IDFC FIRST Bank's FIRSTmoney using the official portal or mobile app. Check your eligibility, and apply online. Once approved, you can start using the funds instantly.

What does foreclosure charge mean?

A foreclosure charge is a fee imposed by the bank if you choose to repay the entire loan amount before the completion of the loan tenure. With FIRSTmoney, you can close your loan anytime by paying the consumed amounts in full without any foreclosure charges.

What is considered a good CIBIL score to apply for a ₹60,000 personal loan from FIRSTmoney?

A CIBIL score of 730 or above is required when applying for a ₹60,000 personal loan from FIRSTmoney, as it indicates a strong credit history and higher chances of approval.

What is the interest for a 60000 Personal Loan?

The personal loan interest rate for a ₹60,000 loan at IDFC FIRST Bank starts at 9.99% per annum. The final rate is determined by factors like your credit score, income, and preferred loan tenure.

What is EMI of a ₹60000 Loan?

To calculate the EMI for a ₹60000 Loan, you can use a personal loan EMI calculator. 

What is the processing fee on a ₹60,000 personal loan?

The processing fees for a ₹60,000 personal loan from IDFC FIRST Bank start from 2% of the loan amount, depending on eligibility.

More FAQs

Choose your personal loan amount with FIRSTmoney

₹10 lakh Personal Loan
₹10 lakh Personal Loan ₹10 lakh Personal Loan
₹9 lakh Personal Loan
₹9 lakh Personal Loan ₹9 lakh Personal Loan
₹8 lakh Personal Loan
₹8 lakh Personal Loan ₹8 lakh Personal Loan
₹7 lakh Personal Loan
₹7 lakh Personal Loan ₹7 lakh Personal Loan
₹6 lakh Personal Loan
₹6 lakh Personal Loan ₹6 lakh Personal Loan
₹5 lakh Personal Loan
₹5 lakh Personal Loan ₹5 lakh Personal Loan
₹4 lakh Personal Loan
₹4 lakh Personal Loan ₹4 lakh Personal Loan
₹3 lakh Personal Loan
₹3 lakh Personal Loan ₹3 lakh Personal Loan
₹2 lakh Personal Loan
₹2 lakh Personal Loan ₹2 lakh Personal Loan
₹80000 Personal Loan
₹80000 Personal Loan ₹80000 Personal Loan
₹70000 Personal Loan
₹70000 Personal Loan ₹70000 Personal Loan
₹50000 Personal Loan
₹50000 Personal Loan ₹50000 Personal Loan

Personal Loan Insights : Core Principles and Best Practices

Digital Lending 101: How Instant Personal Loans Work in India 2025

Digital Lending 101: How Instant Personal Loans Work in India 2025

07 Aug 2025 | 5 mins read
How to Fund Your Next Solo Leh-Ladakh Trip Without Touching Your Savings

How to Fund Your Next Solo Leh-Ladakh Trip Without Touching Your Savings

07 Aug 2025 | 5 mins read
India’s CIBIL Score Decoded: Why 730+ Is the New Gold Standard (and How to Get There)

India’s CIBIL Score Decoded: Why 730+ Is the New Gold Standard (and How to Get There)

07 Aug 2025 | 5 mins read
Top 10 CIBIL Score Myths That Could Be Hurting Your Loan Eligibility

Top 10 CIBIL Score Myths That Could Be Hurting Your Loan Eligibility

07 Aug 2025 | 5 mins read
Hidden Costs of Traditional Personal Loans – Here’s What You Should Not Overlook

Hidden Costs of Traditional Personal Loans – Here’s What You Should Not Overlook

30 Jul 2025 | 5 mins read
Early Personal Loan Repayment: Pros, Cons, and Hidden Costs Explained

Early Personal Loan Repayment: Pros, Cons, and Hidden Costs Explained

30 Jul 2025 | 5 mins read
Know more knowMoreImg
Saving Account Content
Personal Loan Content
Home Loan Content
Credit Card Content
Mutual Fund Content
Fixed Deposit Content