Check your IDFC First Bank bike loan eligibility. Rate: 13.00 - 18.00% p.a. Max amount: ₹4 L.
IDFC First Bank offers bike loan at an interest rate of 13.00 - 18.00% p.a. with a maximum tenure of 4 years. The maximum loan amount is ₹4 L with a minimum monthly income requirement of ₹15,000.
| Loan Amount | Monthly EMI | Total Interest | Min Income Required |
|---|---|---|---|
| ₹50K | ₹1,685 | ₹10,660 | ₹3,064/mo |
| ₹75K | ₹2,527 | ₹15,972 | ₹4,595/mo |
| ₹1 Lakh | ₹3,369 | ₹21,284 | ₹6,126/mo |
| ₹1.5 Lakh | ₹5,054 | ₹31,944 | ₹9,190/mo |
| ₹2 Lakh | ₹6,739 | ₹42,604 | ₹12,253/mo |
| ₹2.5 Lakh | ₹8,423 | ₹53,228 | ₹15,315/mo |
| ₹3 Lakh | ₹10,108 | ₹63,888 | ₹18,379/mo |
IDFC First Bank Bike Loan interest rate ranges from 13.00 - 18.00% p.a. in 2026. The actual rate depends on your credit score, income, and loan amount.
IDFC First Bank offers a maximum bike loan of ₹4 L with a tenure of up to 4 years.
The processing fee for IDFC First Bank Bike Loan is 2% of loan amount.
IDFC First Bank Bike Loan prepayment policy: 5% of outstanding.
The minimum monthly income required is ₹15,000. Use the calculator above to check your exact eligibility based on your income.