What's special about us
CKYC Registry
-
Customer Service Contact us Service request Locate a branch
Find all the help you need
Scan the QR, get our app, and find help on your fingertips
Help CenterSupport topics, Contact us, FAQs and more
-
Login
Are you ready for an upgrade?
Login to the new experience with best features and services
-
Login
Are you ready for an upgrade?
Login to the new experience with best features and services
- 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 - Blogs
- 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
Help Center
Support topics, Contact us, FAQs and more
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 -
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
-
IndiGo IDFC FIRST Dual Credit CardTravelLifestyle₹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
-
IndiGo IDFC FIRST Dual Credit CardUPITravelDual cards
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
- IDFC FIRST Bank NRI Forex Solutions
-
Send money to India-Wire transfer
-
Send money to India-Digitally
-
Send money abroad
-
Max Returns FD (INR)
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
-
Business Loan
-
Professional Loan
-
Loan Against Property
-
Business Loan for Women
-
Working Capital Loan
-
Construction Equipment Loan
-
Machinery Loan
-
Healthcare Equipment Loan
MSME Solutions
- IDFC FIRST Bank Business Solutions
-
Payment Solutions
-
Tax Payments
-
Doorstep Banking
-
Point of Sale (POS)
-
Escrow Accounts
-
NACH
-
Payment Gateway
-
UPI
-
Virtual Accounts
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.
-
-
Most 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
Personal Loan for ₹40,000 Salary
Get instant personal loans up to ₹10 lakh with zero foreclosure charges.
-
-
-
-
Personal Loan EMI Calculator
Loan amount
₹100K
₹10L
Loan term in months
9 Months
60 Months
Choose the Interest Rate
9.99%
38 %
Your EMI will be
₹2,174/Lakh
*Personal loan calculator is only for illustration purposes. For actual calculations refer to your Repayment Schedule & Loan Agreement.*T&C Apply
Looking for loans with a ₹40,000 income? Apply for a personal loan online with FIRSTmoney
With a monthly salary of ₹40,000, you can get reliable personal loans at competitive rates with IDFC FIRST Bank’s FIRSTmoney. FIRSTmoney loans offer instant access to funds without the hassles of extensive paperwork. Whether you need money for medical emergencies, education, or home renovation, FIRSTmoney offers competitive interest rates and zero foreclosure charges.
Features and Benefits of a FIRSTmoney Smart Personal Loan
Foreclosure Benefits
Why pay more when you're ready to clear your entire personal loan? With FIRSTmoney, you can foreclose your personal loan early without any charges, giving you more control over your finances.
Low Interest Rates
Borrow smarter with low personal loan interest rates. FIRSTmoney offers personal loans starting at just 9.99% per annum, that on a reducing balance basis. That means lower EMIs, and more money saved for the things that truly matter.
100% Digital Process
Get a personal loan without the need to step outside. FIRSTmoney offers a fully digital process where everything, from application to approval, is done online. It’s simple, fast, and completely paperless. Just click on the “Apply Now” button and start your journey.
Flexible Loan Repayment
Tailor your personal loan to your life. FIRSTmoney lets you choose a repayment period between 9 to 60 months, so you can plan your EMIs based on what works best for your current situation.
Swift Disbursal
Don’t wait when you’re in need. With FIRSTmoney, get your personal loan approved instantly and disbursed within 30 minutes, all through a seamless online process designed for speed and ease.
Pre-Approved Personal Loan Eligibility and Documentation
Eligibility Criteria for Personal Loan on ₹40,000 Salary
To be eligible for an Pre-Approved Personal Loan, you should be:
-
-
-
Required Documentation for Pre-Approved Personal Loan
Here are the documents required for VKYC -
-
How to Apply for a Personal Loan on ₹40,000 Salary
Applying for FIRSTmoney instant personal loan is so easy. Just follow the steps below:
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
Loan Amount and Tenure
Loan Amount
For individuals earning ₹30,000 per month, personal loans are available in amounts ranging from ₹5,000 to ₹10 lakhs. The approved loan offer depends on the bank’s internal policy and your credit profile.
Flexible Tenure Options
You can choose a repayment tenure that ranges from 9 months to 60 months, depending on your financial situation. This flexibility allows you to structure your repayment schedule as per your convenience.
Our App Ratings
1.74 million+
Happy users
4.9
Play Store
4.8
App Store
Overview of Interest Rates Offered for a ₹40,000 Salary Bracket
IDFC FIRST Bank offers the most competitive interest rates for ₹40,000 salary bracket, tailored to your financial needs.
EMI Calculation for ₹40,000 Salary
The bank uses the reducing balance method to calculate the EMI for a personal loan through FIRSTmoney, this technique determines the 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 using a 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 a different amount that aligns comfortably with your financial capacity.
Frequently Asked Questions
What is the loan eligibility for a ₹40,000 salary with FIRSTmoney?
With a monthly salary of ₹40,000, you can apply for IDFC FIRST Bank’s FIRSTmoney loans. The approved loan amount is based on factors like your credit score and repayment capacity, with loan offers going up to ₹10 lakhs.
Can I apply for a personal loan online with a ₹40,000 salary?
Yes, IDFC FIRST Bank allows you to apply online through FIRSTmoney. Simply scan the QR code and fill out the application form on the bank's website and get approval instantly.
How soon can I receive funds after applying for a loan with FIRSTmoney?
Once your personal loan application is approved, the funds are typically disbursed within minutes, allowing you to access money almost immediately for urgent financial needs.
What is the interest rate for a personal loan with FIRSTmoney?
Interest rates on personal loans through FIRSTmoney vary based on your credit score, loan amount, and repayment history.
What documents are required to apply for a loan with a ₹40,000 salary?
You will only need to provide your PAN card during the video KYC process when applying for a personal loan with FIRSTmoney.
Can I foreclose the personal loan taken through FIRSTmoney?
Yes, FIRSTmoney allows you to foreclose the loan. You can make full payments at any time without any charges, helping you manage your finances better.
