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
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
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

Apply For Instant Cash Loans

Financial needs can arise unexpectedly—whether it’s for medical emergencies, home renovation, or a sudden travel plan. During such times, having instant access to funds is essential. IDFC FIRST Bank's FIRSTmoney provides a seamless solution for your quick cash requirements with loans designed to meet your immediate needs. With an instant loan offer of up to ₹10 lakh and features like zero foreclosure charges and a completely digital process, FIRSTmoney offers immediate access to funds in a few minutes to provide quick cash with unmatched convenience and flexibility. Read on for more

Loan Calculator

Amount in Rs

10000 1000000

Period

2 months 60 months

Rate of Interest

10.99% 60%

You will pay EMI of only, per month

Calculations are only for illustrative purposes, For actual calculations please refer Repayment Schedule & Loan Agreement.
 

Features and Benefits of an Instant Cash Loan

Zero Foreclosure Charge Zero Foreclosure Charge

Zero Foreclosure Charge

With FIRSTmoney, you can repay your loan at any time without worrying about foreclosure charges. Enjoy the flexibility of repaying your loan ahead of time without incurring any additional fees.

Competitive Interest Rates Competitive Interest Rates

Competitive Interest Rates

With FIRSTmoney, you enjoy one of the most affordable interest rates starting at just 10.99% per annum. Lower interest rates help you keep your overall loan cost within your budget and meet your financial needs without hassles.

100% Digital Journey 100% Digital Journey

100% Digital Journey

The entire process is paperless, from application to disbursal. You can apply for the loan online and have your fast cash deposited into your account without visiting the branch. You only need to display your physical PAN card during the online Video KYC process.

Flexible Repayment Options Flexible Repayment Options

Flexible Repayment Options

FIRSTmoney offers flexibility in repayment options ranging up to 60 months, allowing you to choose a repayment tenure that suits your financial capacity. This makes managing your cash flow easier.

Swift Disbursal Swift Disbursal

Swift Disbursal

Experience fast cash disbursals with funds transferred to your savings account within minutes. This makes FIRSTmoney ideal for anyone in need of quick cash

Greater flexibility Greater flexibility

Greater Flexibility

Need additional loan to meet your financial obligations? Get more funds in your account anytime with just a few clicks.

  

Instant Cash Loan Interest Rate and Charges Instant Cash Loan Interest Rate and Charges

Instant Cash Loan Interest Rate and Charges

FIRSTmoney offers complete transparency when it comes to charges and fee. To explore the charges associated with the personal loan

How to Apply for an Instant Cash Loan

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

Step 1

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

Register with your mobile number

Step 2

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

Select the loan amount

Step 3

Choose your loan preferences, including the tenure and repayment terms

Link your bank account

Step 4

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

Complete the video KYC

Step 5

Complete the video KYC verification process with your physical PAN card

Once done, access your credit limit, and opt for any amount you wish to withdraw.

Eligibility Criteria For Instant Cash Loans

To apply for an instant loan such as FIRSTmoney, ensure that you meet the following eligibility criteria:

CIBIL Score CIBIL Score

CIBIL score: To apply for a FIRSTmoney loan, applicants need to have a good credit record and a CIBIL score of 730 and above

Employment Employment

Employment: FIRSTmoney loans are available to salaried and self-employed individuals

Age Age

Age: Anyone aged between 21 to 60 years can apply for a FIRSTmoney smart personal loan

Find the Perfect Instant Cash Loan for Your Unique Needs

Planning a home improvement project but short on cash? With FIRSTmoney, you can unlock an instant loan offer in 5 minutes to renovate your space. Be it a minor upgrade or major construction, get the funds you need to bring your vision to life.

Know more
Home renovation loan

Planning a last-minute getaway? An instant cash loan is the ideal solution for quick money to cover airfare, accommodation, and more. Whether it's a domestic holiday or an international trip, your travel dreams can become a reality with a quick loan via FIRSTmoney.

Know more
Travel loan

Unforeseen expenses like vehicle repairs, home maintenance, or sudden family requirements can be stressful. FIRSTmoney offers fast cash in minutes, ensuring that you have the required funds to manage emergencies efficiently.

Know more
Emergency Loan

Weddings come with their fair share of expenses. From venue bookings to jewellery purchases, an instant cash loan can help you plan the perfect day without financial stress. IDFC FIRST Bank’s FIRSTmoney ensures you have the quick cash in the account that with just a few clicks.

Know more
Wedding Loan

Medical emergencies can arise anytime, requiring urgent access to funds. With FIRSTmoney’s smart personal loan you can cover medical bills, surgeries, or treatments without wasting any time. Rest easy knowing that you’ll have the necessary financial support in times of need. 

Know more
Medical Loan

How FIRSTmoney can empower you

Home Renovation Loan

Planning a home improvement project but short on cash? With FIRSTmoney, you can avail an instant loan in 5 minutes to renovate your space. Be it a minor upgrade or major construction, get the funds you need to bring your vision to life.

Know more

Travel Loan

Planning a last-minute getaway? An instant cash loan is the ideal solution for quick money to cover airfare, accommodation, and more. Whether it's a domestic holiday or an international trip, your travel dreams can become a reality with a quick loan via FIRSTmoney.

Know more

Emergency Loan

Unforeseen expenses like vehicle repairs, home maintenance, or sudden family requirements can be stressful. FIRSTmoney offers fast cash in minutes, ensuring that you have the required funds to manage emergencies efficiently.

Know more

Medical Loan

Medical emergencies can arise anytime, requiring urgent access to funds. With FIRSTmoney’s instant loan process, you can cover medical bills, surgeries, or treatments without wasting any time. Rest easy knowing that you’ll have the necessary financial support in times of need.

Know more

Marriage Loan

Weddings come with their fair share of expenses. From venue bookings to jewellery purchases, an instant cash loan can help you plan the perfect day without financial stress. IDFC FIRST Bank’s FIRSTmoney ensures you have the quick cash you need for all your wedding-related expenditures.

Know more

Get FIRSTmoney Smart Personal Loan of Different Amounts

₹5 lakh Personal Loan
₹5 lakh Personal Loan Arrow Right
₹4 lakh Personal Loan
₹4 lakh Personal Loan Arrow Right
₹3 lakh Personal Loan
₹3 lakh Personal Loan Arrow Right
₹2 lakh Personal Loan
₹2 lakh Personal Loan Arrow Right
₹80000 Personal Loan
₹80000 Personal Loan Arrow Right
₹70000 Personal Loan
₹70000 Personal Loan Arrow Right
₹60000 Personal Loan
₹60000 Personal Loan Arrow Right
₹50000 Personal Loan
₹50000 Personal Loan Arrow Right

Frequently asked questions

What is an instant cash loan?

An instant cash loan is a short-term loan designed to meet immediate financial needs. With IDFC FIRST Bank's FIRSTmoney, you can access fast cash for emergencies, planned expenses, or urgent requirements. The entire process is digital, and funds can be disbursed within minutes, offering a quick solution when you need it the most.

How to apply for an instant cash loan?

You can apply for an instant cash loan online through your smartphone. Start by scanning the QR Code and fill in the online application form. With FIRSTmoney, the process is seamless, and the loan amount is disbursed swiftly once approved. Click here to get started.

How can I apply for an instant cash loan through IDFC FIRST Bank?

Applying for an instant cash loan through IDFC FIRST Bank is easy. Simply log in to IDFC FIRST bank’s award-winning app, or head to the bank’s website. Select the FIRSTmoney option, provide your details, choose your loan amount, and submit the application. The loan approval and disbursal will take place in no time.

Am I eligible to apply for an instant cash loan?

To be eligible for a FIRSTmoney loan, you need to be an Indian citizen between 21-60 years of age with a stable income and a good credit score of 730 and above. Both salaried and self-employed individuals can apply.

How can I pay for an instant cash loan?

FIRSTmoney allows you to repay the loan through easy monthly instalments (EMIs) via your IDFC FIRST Bank account or other digital banking methods. You can close your loan anytime without foreclosure charges.

What are the advantages of an instant cash loan?

With FIRSTmoney, you get flexible repayment tenures, greater loan flexibility, competitive interest rates, as well as zero foreclosure charges. The 100% digital application process ensures you receive the loan swiftly without any paperwork.

How do I get an urgent cash loan?

For urgent cash, FIRSTmoney is a fast and reliable solution. Apply online and get an instant cash loan offer in 5 minutes.You can withdraw and get the amount credited to your bank account for any emergency or planned expense.

What factors impact instant cash loan interest rates?

Instant cash loan interest rates depend on factors like your credit score, income, employment stability, and the lender's policies. A higher CIBIL score may help secure lower rates.

How can I calculate the EMIs for my instant cash loan?

You can use the personal loan EMI calculator offered by IDFC FIRST Bank to precisely calculate your EMIs. The tool is free to use, and no expertise is required to determine the EMI. Simply enter your loan amount, applicable interest rate, and tenure. The calculator will display the EMI amount in real-time along with the amortisation schedule.  

What is EMI of a Instant Cash Loan?

To calculate the EMI for a Instant Cash Loan, you can use a personal loan EMI calculator. 

What is the processing fee on an instant cash loan?

For instant cash loans, IDFC FIRST Bank applies personal loan processing fees starting from 2%, with quick and easy loan disbursal.

What is the interest rate for an instant cash loan at IDFC FIRST Bank?

The interest rate for an instant cash loan at IDFC FIRST Bank starts at 10.99% per annum. This rate may vary based on your credit profile and other factors.

How much can I borrow with an instant cash loan?

You can apply for an instant cash loan of up to ₹10 lakh through IDFC FIRST Bank’s FIRSTmoney service, depending on your eligibility.

What is the repayment tenure for an instant cash loan?

The repayment tenure for an instant cash loan can range from 9 to 60 months, allowing you to choose a plan that fits your financial situation.

More FAQs