Quick loans made easy: Get a paperless loan without visiting the bank

Nobody wants to wait in long queues or fill out piles of paperwork for a personal loan. All thanks to digital banking, availing an instant loan approval is now possible - right from your phone. With trusted platforms like IDFC FIRST Bank’s FIRSTmoney smart personal loan, you can get a paperless loan of up to ₹10 lakh with zero need for stepping out of your home.

Here is how you can get a loan in just a few minutes - safely, smartly, and instantly.

What is a digital personal loan?
 

A digital personal loan is an unsecured loan you can apply for online - no collateral, no paperwork, and no branch visits. It is ideal for covering financial emergencies like medical bills, home repairs, education expenses, or even planned events like weddings or travel.

Key features of IDFC FIRST Bank’s FIRSTmoney smart personal loan
 

Here’s what makes FIRSTmoney unique:

• Instant loan approval and disbursal within 30 minutes

• 100% paperless loan process

• Loan amount up to ₹10 lakhs, based on your eligibility

• Zero foreclosure charges – repay early whenever you want between 9 to 60 months, without penalties

• Flexible tenures to suit your income and budget

• No hidden charges, and low interest rates starting from just 9.99% p.a.

How to apply for a loan in just 5 minutes?
 

Getting a loan from IDFC FIRST Bank is simple and quick. Here’s how:

1) Visit the FIRSTmoney portal or scan the QR code on your screen.

2) Register using your mobile number.

3) Enter your basic details to check eligibility instantly.

4) Select your loan preferences.

5) Link your bank account

6) On KYC and approval, you will receive the loan proceeds in your account within 30 minutes.

Who can apply?
 

To be eligible for an instant paperless loan from IDFC FIRST Bank:

• You must be between 21 and 60 years of age

• Be a salaried or self-employed individual

• Have a CIBIL score of 730 or above

All you need is your PAN card for the video KYC. No need to upload any documents!

Why choose a digital loan?
 

Here’s why applying for a digital loan today is the most preferable option:

• No branch visits: Apply from your home, office, or even while travelling

• Completely paperless loan: Saves time and effort

• Instant loan approval: No delays, no guesswork

• Transparent terms: Know your EMIs and interest upfront

Final thoughts
 

Gone are the days when loans meant long waiting periods and paperwork. With IDFC FIRST Bank’s FIRSTmoney smart personal loan, you get a secure, digital, and efficient way to borrow money without any hassle. Whether it is an emergency or a planned purchase, getting a loan in 5 minutes is now just a few clicks away.

Take full control of your financial needs - with speed, flexibility, and complete transparency.