IDFC Personal Loan for Lawyers

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Written By

Utsah Sharma

Utsah Sharma is a seasoned financial expert with a Master’s Degree in Commerce specialising in Financial Services, Investments, Loan Assessments, Mutual Funds, Banking & Loan products. Drawing on her experience, she has established herself as a trusted voice, providing invaluable insights and guidance to seasoned investors and beginners. She is committed to breaking down the complexities of everything finance.

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Piyush Bothra

Chief Financial Officer, Square Yards

Piyush Bothra is the Chief Financial Officer at Square Yards, bringing over two decades of rich experience in finance and leadership. He is an MBA graduate from the prestigious IIM Lucknow and holds a BE in Information Technology from Sardar Vallabhbhai Patel Institute of Technology. He has played pivotal roles in scaling businesses and driving financial strategies. At Square Yards since 2015, Piyush is known for his strategic vision, strong financial knowledge, and valuable financial insights, significantly contributing to the company's growth and success.

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.