Check your IDFC First Bank car loan eligibility. Rate: 8.75 - 11.50% p.a. Max amount: ₹1 Cr.
IDFC First Bank offers car loan at an interest rate of 8.75 - 11.50% p.a. with a maximum tenure of 7 years. The maximum loan amount is ₹1 Cr with a minimum monthly income requirement of ₹20,000.
| Loan Amount | Monthly EMI | Total Interest | Min Income Required |
|---|---|---|---|
| ₹3 Lakh | ₹6,191 | ₹71,460 | ₹11,257/mo |
| ₹4 Lakh | ₹8,255 | ₹95,300 | ₹15,010/mo |
| ₹5 Lakh | ₹10,319 | ₹1,19,140 | ₹18,762/mo |
| ₹6 Lakh | ₹12,382 | ₹1,42,920 | ₹22,513/mo |
| ₹7 Lakh | ₹14,446 | ₹1,66,760 | ₹26,266/mo |
| ₹8 Lakh | ₹16,510 | ₹1,90,600 | ₹30,019/mo |
| ₹9 Lakh | ₹18,574 | ₹2,14,440 | ₹33,771/mo |
| ₹10 Lakh | ₹20,637 | ₹2,38,220 | ₹37,522/mo |
IDFC First Bank Car Loan interest rate ranges from 8.75 - 11.50% p.a. in 2026. The actual rate depends on your credit score, income, and loan amount.
IDFC First Bank offers a maximum car loan of ₹1 Cr with a tenure of up to 7 years.
The processing fee for IDFC First Bank Car Loan is Up to 2% of loan amount.
IDFC First Bank Car Loan prepayment policy: 5% of outstanding.
The minimum monthly income required is ₹20,000. Use the calculator above to check your exact eligibility based on your income.