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

₹8 Lakh Personal Loan with FIRSTmoney

Today, there are multiple loan solutions through which you can meet all your diverse expenses. Whether it's funding a dream wedding, renovating your home, covering medical emergencies, or taking that long-awaited vacation, a personal loan of ₹8 lakh can cover these expenses without you having to dip into your savings. IDFC FIRST Bank offers FIRSTmoney smart personal loans, through which you can conveniently get a high loan amount of ₹8 lakh. The hassle-free and fully digital process ensures that you get the funds you need quickly and easily, without any tedious paperwork or long waiting times.

FIRSTmoney smart personal loans are an industry-first borrowing solution committed to providing you with the seamless experience of instantly accessing funds. With a FIRSTmoney loan, you only pay EMIs on the withdrawn funds instead of the entire loan offer. With approved loan offers of up to ₹10 lakhs, you can meet your dynamic financial needs and prepay your dues without worrying about any foreclosure charges.

Apply now

Benefits of a ₹8 lakh personal loan with FIRSTmoney

100% digital journey

100% digital journey:

Experience a fully-digital loan process with zero paperwork. Customise your loan according to your financial requirements throughout the application. Simply scan the QR code and get started.

Multiple on-demand loans, single application:

Multiple on-demand loans, single application:

Access funds whenever you need without reapplying for a new loan. With FIRSTmoney, you can borrow exactly what you need from your pre-qualified loan offer and pay interest only on what you use.

Foreclosure benefits

Foreclosure benefits:

Want to foreclose your loan? With FIRSTmoney, you can repay your loan in full anytime without incurring foreclosure charges.

Flexible loan repayment options

Flexible loan repayment options:

Choose a customisable EMI plan that suits your needs. Opt for a repayment tenure ranging from 9 months to 60 months, ensuring you repay your loan without financial stress.

Swift disbursal

Swift disbursal:

Skip the paperwork and get your loan in minutes! With FIRSTmoney, you can now instantly access up to ₹8 lakh through a fast, seamless, and completely online process.

Get Digital Personal Loan

Need up to ₹1 crore? Apply for our Personal Loans with minimal documentation

Get Higher Amount

₹8 Lakh Personal Loan Eligibility and Documentation

Eligibility criteria for a ₹8 lakh personal loan

FIRSTmoney smart personal loans are available to individuals with a good credit score. Here are the basic eligibility requirements:

  • eligibility CIBIL score: Applicants need to have a good credit record with a CIBIL score of 73O and above.
  • employment Employment: FIRSTmoney loans are available to salaried as well as self-employed individuals.
  • age Age: Anyone aged between 21 to 60 years can apply for this loan.
Documents required for a ₹8 Lakh personal loan

With FIRSTmoney smart loans, lengthy documentation is a thing of the past. Save time and effort by presenting your Aadhaar card number and physical PAN card during the video KYC process.

Eligibility

How to apply for ₹8 lakh personal loan using FIRSTmoney?

Step 1

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

Step 2

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

Step 3

Select the loan amount of your choice starting from ₹50,000 up to your approved loan amount and choose flexible 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 Aadhaar card number and physical PAN card.

Our App Ratings

1.74 million+

Happy users

4.9

Play Store

4.8

App Store

Know your personal loan fees and charges

Know Your Personal Loan Fees & Charges

Enjoy pocket-friendly interest rates with no hidden charges

Know More

Frequently Asked Questions

How do I apply for a FIRSTmoney loan?

Applying for a FIRSTmoney loan is simple and completely digital. Follow these steps:

1. Scan the QR code or click the loan link from your smartphone.

2. Register using your mobile number and fill in your personal details.

3. Select your loan amount and repayment terms.

4. Link your bank account for disbursement.

5. Complete the video KYC verification with your Aadhaar card number and physical PAN card.

What is the eligibility criteria for a personal loan of ₹8 lakh?

To qualify for a FIRSTmoney loan of ₹8 lakh, you must:

• Be between 21 and 60 years old.
• Have a good credit score, typically 730 and above.
• Be a salaried/self-employed individual with a stable income.

Can self-employed individuals apply for a personal loan worth ₹8 lakh?

Yes, self-employed individuals with a stable income and good credit score of above 73O can apply for an ₹8 lakh personal loan with FIRSTmoney.

How do I calculate my EMI for the personal loan?

You can use FIRSTmoney’s personal loan EMI calculator. Input the loan amount, interest rate, and tenure to get an instant value of your monthly EMI. Understanding your repayment obligations can help you plan your finances better.

Can I foreclose my loan without any penalties?

Yes, with FIRSTmoney, you can foreclose your loan at any time without incurring any foreclosure charges. This allows you to repay the loan early and save on interest costs.

How quickly will the loan amount be disbursed to my account?

FIRSTmoney smart personal loans involve swift disbursals. Once your application is approved and the KYC process is completed, the funds will be transferred to your linked bank account promptly.

Is there flexibility in the loan amount and withdrawal process?

Yes, FIRSTmoney offers flexibility with the approved loan amount. You can withdraw any amount starting from ₹50,000 up to your approved loan offer. You can also borrow exactly how much you need from your pre-qualified loan offer without having to worry about submitting a new loan application every time.

What are the repayment options available for a FIRSTmoney loan?

You can choose from flexible repayment options to clear your FIRSTmoney loan. You can choose a tenure ranging from 9 months to 60 months. This flexibility allows you to select an EMI plan that aligns with your financial situation, making it easier to manage your repayments.

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
₹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
₹60000 Personal Loan
₹60000 Personal Loan ₹60000 Personal Loan
₹50000 Personal Loan
₹50000 Personal Loan ₹50000 Personal Loan

Different Types of Personal Loan for you

Travel Loan

Travel Loan

Why wait for the perfect time for vacation? With a FIRSTmoney smart personal loan, you can enjoy flexible terms and attractive rates while booking premium accommodations and unique experiences. Complete the process entirely online and get your travel plans confirmed instantly—without touching your hard-earned savings.

Know More
Emergency Loan

Emergency Loan

Financial emergencies don’t have to derail your life. With a FIRSTmoney smart personal loan, you can access emergency funds without dipping into your savings or liquidating investments. Explore how our emergency loan ensures financial stability during critical times.

Know More
Wedding Loan

Wedding Loan

Your wedding is one of life’s biggest milestones. Make it memorable without compromising your finances. With a FIRSTmoney smart personal loan, you can cover all wedding expenses easily at affordable costs while keep your investments intact.

Know More
Medical Loan

Medical Loan

Unexpected medical expenses can strain your savings. A FIRSTmoney smart personal loan provides instant funds, so you can explore all treatment options without compromise. From specialist consultations to alternative therapies, get financial support when you need it the most at affordable rates.

Know More
Home Improvement Loan

Home Improvement Loan

Thinking about renovating your home but worried about the expenses? A home renovation loan can make your dream home a reality without financial stress. Enjoy the freedom to upgrade your space while keeping your savings intact and repay comfortably in EMIs.

Know More

Personal Loan Tips & Insights: Your Guide to Smarter Borrowing

5 tips to get a personal loan with a low CIBIL score

5 tips to get a personal loan with a low CIBIL score

01 July 2025 | 5 mins read
Prepayment of personal loans: What you need to know before repaying your dues early

Prepayment of personal loans: What you need to know before repaying your dues early

01 July 2025 | 5 mins read
Step-by-step guide to checking your personal loan status

Step-by-step guide to checking your personal loan status

01 July 2025 | 5 mins read
What is a No Objection Certificate?

What is a No Objection Certificate?

01 July 2025 | 5 mins read
What is personal loan disbursement and how does it work?

What is personal loan disbursement and how does it work?

01 July 2025 | 5 mins read
Compare foreclosure charges across lenders: Why FIRSTmoney offers greater value

Compare foreclosure charges across lenders: Why FIRSTmoney offers greater value

01 July 2025 | 5 mins read
How Much Personal Loan Can You Get on Your Salary? An Eligibility Guide for 2025

How Much Personal Loan Can You Get on Your Salary? An Eligibility Guide for 2025

01 July 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