IDFC Personal Loan for Lawyers

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Written By

Amrita Sinha

Amrita Sinha comes with a background in journalism and mass communication, drawing from her roots in journalism, she has found her voice in the world of finance. As an accomplished writer, she specialises in Financial Services, Mutual Funds, Loan Assessments, Banking & Loan Products. She has established herself as a reliable expert in the field, offering valuable advice to those looking to navigate the various aspects of personal finance.

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Amit Prakash Singh

Co-Founder, Square Yards & Chief Business Officer, Urban Money

Amit Prakash Singh is the Chief Business Officer at Urban Money. With over nine years of experience at Square Capital, he has played a crucial role in establishing it as one of India's premier loan advisory services. Amit's deep financial insights and extensive knowledge have driven significant business growth and strategic advancements. He has successfully built and managed large sales teams, optimised costs, and created leaders within the industry. Amit's financial expertise and strategic vision are key to the ongoing success and expansion of Square Yards and Urban Money.

Get started with your financial expedition with IDFC FIRST Bank Lawyers Personal Loan, specifically crafted for lawyers. The smooth process of applying for a lawyer’s personal loan online with IDFC First Bank guarantees a trouble-free experience, empowering you to steer your financial aspirations.

Apply for the IDFC First Bank Lawyers instant loan with confidence and set forth on a journey towards financial empowerment.

IDFC FIRST Bank Lakh Personal Loan for Lawyers – Highlights

Welcome to the overview of the IDFC FIRST Bank Lakh Personal Loan, tailored exclusively for lawyer professionals; the highlights of the loan are:

Maximum Amount	Rs. 1 Crore
IDFC First Bank Self Lawyers Personal Loan Interest	Starting at 10.75% p.a.
Type of Interest Rate	Floating
Loan Tenure	Varies between 12 and 84 months
Collateral Requirement	NIL

Compare Lakh Lawyers Loan From Other Banks

Explore the competitive landscape as we analyse and compare the Lakh Lawyers Loan offerings from various banks, helping you make an informed decision for IDFC FIRST Bank Lawyers personal loan online.

Lender	Rate of Interest (p.a.)	Maximum Loan Tenure
Tata Capital	10.99% – 24%	Up to 7 years
Yes Bank	10.99% – 24%	Up to 6 years
Induslnd Bank	10.5% – 22%	Up to 5 years
Bajaj Finserv	12.99% – 24%	Up to 5 years

IDFC FIRST Bank Lakh Personal Loan for Lawyers – Fees and Charges

Here are the fees and charges associated with the IDFC First Bank self-employed instant loan:

Processing Fee: Rs. 4,999/- based on the sanctioned loan amount.
GST Applicability: All service charges are subject to GST, ensuring clarity in the fee structure.

IDFC FIRST Bank Lakh Personal Loan for Lawyers – Documents Required

Here’s are the requirements for applying for an IDFC First Bank lawyers personal loan document list:

Identity Proof:

Pan Card (IDFC First Bank self-employed personal details for key identification)
Aadhaar Card
Valid Indian Passport
Valid Voter ID
Valid Driver’s Licence

Address Proof:

Aadhaar Card
Valid Indian Passport
Valid Voter ID
Valid Driver’s Licence

Income Proof:

RBI Approved Account Aggregator Process/Bank statement

IDFC FIRST Bank Lakh Personal Loan for Lawyers – Eligibility Criteria

The IDFC First Bank lawyers personal loan eligibility criteria include:

Monthly Net Take Home (NTH): Should be at least Rs. 20,000.
Minimum Applicant Age: 23 years.
Maximum Applicant Age: 58 years at the time of loan maturity.
Bank Statement Requirement: A 3-month statement for eligibility assessment.