IDBI Bank Personal Loan 2024, Get a Loan of Rs.50000/- in Just 5 Minutes

 IDBI Personal Loan Apply online 2024: Discover the benefits of IDBI Bank Personal Loan, from low interest rates to Simply application. Learn about eligibility, Needed documents & payment options.

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In today’s dynamic financial landscape, securing a loan has become a frequent Requirements . Whether you are an employed person or an entrepreneur, there are times when access to additional funds becomes essential to meet various expenses. Among a range of lending institutions, both conventional banks & non-banking financial institutions, Industrial Development Bank of India (IDBI) Bank, a leading name in India’s banking sector, has launched a personal loan offering.

This article explores the intricacies of Industrial Development Bank of India (IDBI) Bank Personal Loan, its benefits, eligibility criteria and application process.

IDBI Personal Loan | Industrial Development Bank of India Personal Loan Apply Online

With interest rates ranging from 11% to 15.50%, Industrial Development Bank of India Personal Loan 2024 presents a versatile solution to your financial Required . As of 2024, these loans cater to loan amounts ranging from Rs.25,000 to Rs.5 lakh, offering a lifeline for various financial needs. Additionally, the bank has introduced a reasonable processing fee of 1% or Rs.2500, whichever is less, ensuring accessible credit.

IDBI Personal Loan 2024 Eligibility

  • Name Of Article :- IDBI Personal Loan (IDBI Personal Loan 2023)
  • Bank Loan Interest Rate :- 11%-15.50%
  • Financial Year :- 2023
  • Processing Fee :- 1% or 2500 whichever is less
  • Loan Amount :- Rs.25,000 to Rs.5 lakhs
  • Help Line Contact Number :- 1800-209-4324
  • Official Portal :-

IDBI Personal loan 2024 Interest Rate Update / IDBI Personal Loan Interest Rate :

In light of Reserve Bank of India reverse repo rate hike in 2024, IDBI Bank has adjusted its interest rates accordingly. The current year sees the bank’s interest rate at a competitive 11%, having previously ranged from 9% to 13.58%. The interest rate is based on the borrower’s Credit Information Bureau (India) Limited (CIBIL) score, which rewards those with a higher score with a lower interest rate of up to 15.50%.

Notably, Industrial Development Bank of India Bank offers relief through partial repayment and extends top-up loan options to its patrons, expanding the range of financial possibilities.

Documents Needed for IDBI Bank Personal Loan / Industrial Development Bank of India Loan Documents:

For a seamless loan application procedure, IDBI Bank mandates submission of key documents:

  • Online form duly filled by the Candidate.
  • Proof of Identity including Passport, Voter Card, Aadhaar Card, PAN Card etc.
  • Recent bank statement (last 3 & 6 months).
  • For salaried persons, pay slip and Form 16.
  • For self-employed applicants, business balance sheets and tax records.

Eligibility for IDBI Bank Personal Loan:

To avail IDBI Personal Loan 2024, Candidate must fulfil certain criteria:

For Salaried Persons:

  • Employed in a recognized company.
  • Have an active corporate bank account.
  • Age between 21 to 60 years.
  • Minimum monthly salary Rs.12,000.

For business owners:

  • Maintain an active account with IDBI Bank.
  • Age between 21 to 60 years.
  • Maintain an annual business profit of Rs.3.6 lakh.

For Pensioners:

  • Maintain a pension account with IDBI Bank.
  • Age not more than 75 years.
  • Annual income of Rs.3.6 lakh.

IDBI Bank Personal Loan 2024 Features

IDBI Bank Personal Loan offers many features, including:

  • Loans range from Rs.25,000 to Rs.5,00,000.
  • Top-up loan option on existing loan.
  • Flexible tenure from 12 to 60 months.
  • Interest rates starting at 11%, subject to CIBIL score.
  • Processing fee 1% or a maximum of 2500 per loan application.

Types of IDBI Bank Loans:

IDBI Bank extends personal loan options to both salaried individuals & businessmen:

Salaried Candidate: personal Loans for salaried account holders with fixed employment.

  • personal Loan amount from Rs.25,000 to Rs.5,00,000.
  • Repayment tenure ranging from 1 to 5 years.


  • Personal Loan for Self Employed Candidate with IDBI Bank Account.
  • Loan tenure of 1 to 5 years.
  • Processing fee ranges from 1% to Rs.2500.

Personal Loan 2024 for IDBI Bank Inbuilt Overdraft Pension Account Holders:

IDBI Bank offers personal loans with overdraft facility for pension account holders:

  • Loan tenure of 1 to 5 years.
  • Loan amount from Rs.25,000 to RS.3,00,000.
  • Processing fee up to 1%.

How to Apply for IDBI Bank Personal Loan / IDBI Bank Loan Application Method

Applying for IDBI Personal Loan 2024 is a Easy process:

  • Visit the official Portalof IDBI Bank.
  • Select the “Loan” Buttion, then select “Personal Loan”.
  • Click Here on “Apply Now” and complete the Online form.
  • Submit the Application form online.
  • Wait for contact from bank officials for next steps.

Important Link

Official WebsiteClick Here

BI Personal Loan 2024 is your gateway to fast financial empowerment. With its competitive interest rates, eligibility criteria & user-friendly application process, it stands as a reliable solution for your various financial needs.

If you want a seamless credit experience, consider an IDBI Bank Personal Loan & unlock a world of financial possibilities. For Other insightful posts like this, explore our Portal and feel free to share your thoughts in the comments below.