Lifetime FREE Credit Card with 10X rewards
Most Searched
Top Products
Popular Searches
Bank Accounts
Populer FAQs
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.
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
Enjoy Zero Charges on All Commonly Used Savings Account Services
Open Account NowEnjoy Zero Mark-up on Forex Transactions on your FIRST WOW! Credit Card
Apply NowPersonal Loan
Summary: For salaried individuals, banks have a set of requirements that involve credit score, employment status, age and proof of income, among a few others that one needs to fulfill, to obtain loan approvals. It is essential to check these requirements for flexi personal loans, in order to avoid any possible complications at a later stage of the application. Read on to learn about them in detail, for a quick and hassle-free loan application process.
Flexi loans are personal loans that come with a pre-approved credit limit, offering the freedom to access funds multiple times as and when needed. However, banks have varying sets of eligibility criteria with regards to employment status and credit profile, so it is necessary to check your lender’s specific requirements before applying.
If you are looking to apply for a flexi loan, make sure to consider IDFC FIRST Bank’s FIRSTmoney. FIRSTmoney is a smart personal loan through which you can get a sanctioned credit line to deal with multiple expenses at an affordable interest rate of 10.99%. Read on to know the basic eligibility requirements for FIRSTmoney loans and how you can conveniently apply for these smart loans.
FIRSTmoney smart Personal Loan are available to individuals with exceptionally good credit scores, offering credit lines that go up to ₹10 lakhs. The funds can be withdrawn in one go or in parts depending on your fiscal requirements. The approved limit may vary depending on your creditworthiness. Basic eligibility criteria to apply for FIRSTmoney smart loans are as follows:
To be eligible for a FIRSTmoney loan, you need to have a CIBIL score of 730 or more.
You need to be a Salaried and Self-Employed individual earning a steady income.
You need to be between 21 to 60 years to apply for this loan.
You must present your physical PAN card to complete the video KYC process.
You can apply for a FIRSTmoney smart loan in 6 easy steps as mentioned below:
With a FIRSTmoney loan, you only pay interest on the withdrawn amount and not the entire sanctioned loan amount.
So, why should you apply for a FIRSTmoney loan instead of a standard personal loan? Take a look at the following benefits offered by FIRSTmoney that make it a smart alternative to opt for:
One of the key upsides of a FIRSTmoney smart loan is the ‘zero foreclosure charge’ feature wherein you can repay the loan in full prior to the scheduled repayment period without incurring any extra charges. You can choose to foreclose your loan and be debt-free as soon as you prefer.
FIRSTmoney gives you the freedom to access funds multiple times whenever you need to make withdrawals. You can withdraw funds in one go or any amount in multiples of ₹5,000 for any number of times to meet your expenses up to your sanctioned credit limit.
After applying for your FIRSTmoney smart personal loan, IDFC FIRST Bank will approve a sanctioned limit for your credit line based on your creditworthiness. There are no maintenance charges on this credit line.
Apply for a FIRSTmoney smart personal loan via a completely digital application journey. The approval and disbursal processes are swift and once your documents are successfully verified; you can get your FIRSTmoney credit line sanctioned. You can then start immediately withdrawing funds multiple times based on your requirements.
Checking the eligibility requirements must be your primary practise when applying for a loan. It gives you an outline of your borrowing capacity and how easily you can manage your loans. Flexi loans may have varying eligibility requirements, so before you apply, ensure to go through the basic criteria for a hassle-free approval.
FIRSTmoney loans come with transparent eligibility requirements and your sanctioned credit limit will be based on your creditworthiness. With such beneficial loan terms, FIRSTmoney loans prove to be one of the most flexible borrowing options in the market. So why wait any further? Apply for a FIRSTmoney smart loan today and meet your dynamic needs without any hassles.
The minimum salary needed for a personal loan varies by bank and location. While most banks require ₹15,000 to ₹25,000 monthly income, FIRSTmoney offers flexible options. Check your eligibility on our website.
The contents of this article/infographic/picture/video are meant solely for information purposes. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject IDFC FIRST Bank or its affiliates to any licensing or registration requirements. IDFC FIRST Bank shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.
The features, benefits and offers mentioned in the article are applicable as on the day of publication of this blog and is subject to change without notice. The contents herein are also subject to other product specific terms and conditions and any third party terms and conditions, as applicable. Please refer our website www.idfcfirstbank.com for latest updates.