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ICICI Bank vs IDFC FIRST Bank Personal Loan
ICICI Bank and IDFC FIRST Bank advertise the same starting rate.
| ICICI Bank | IDFC FIRST | |
|---|---|---|
| Starting interest rate | 9.99% | 9.99% |
| EMI for ₹5 lakh, 3 years | ₹16,131 | ₹16,131 |
| Total interest | ₹80,725 | ₹80,725 |
| Processing fee | Up to 2% of the loan amount, plus applicable taxes | Not stated |
| Prepayment | Zero foreclosure charges after 24 EMIs | Not stated |
| Maximum tenure | 7 years | - |
Source: ICICI Bank official page, checked 1 November 2026.
Source: IDFC FIRST Bank official page, checked 2 November 2026.
These figures use the bank's advertised starting rate. Most borrowers are offered a higher rate depending on credit score, income and loan size, so treat the result as a best case.
Frequently asked questions
Which is cheaper, ICICI Bank or IDFC FIRST personal loan?
ICICI Bank and IDFC FIRST Bank advertise the same starting rate. Your actual rate may differ from the starting rate.