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IDFC FIRST Bank ₹2 lakh Personal Loan EMI for 3 Years
At the advertised starting rate of 9.99%, the EMI is about ₹6,452 a month, with total interest of about ₹32,290.
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.
Prepayment options (optional): pay extra to finish sooner
EMI at higher rates
| Rate | EMI | Total interest | Total payment |
|---|---|---|---|
| 9.99% (starting) | ₹6,452 | ₹32,290 | ₹2,32,290 |
| 10.49% | ₹6,500 | ₹33,984 | ₹2,33,984 |
| 10.99% | ₹6,547 | ₹35,685 | ₹2,35,685 |
| 11.49% | ₹6,594 | ₹37,393 | ₹2,37,393 |
| 11.99% | ₹6,642 | ₹39,109 | ₹2,39,109 |
Year-by-year repayment schedule at 9.99%
How much of each year's payments goes to principal and to interest, and what you still owe at the end of the year. Use the calculator above for a month-by-month view and prepayment options.
| Year | Principal | Interest | Paid | Balance left |
|---|---|---|---|---|
| Year 1 | ₹60,155 | ₹17,275 | ₹77,430 | ₹1,39,845 |
| Year 2 | ₹66,447 | ₹10,983 | ₹77,430 | ₹73,398 |
| Year 3 | ₹73,398 | ₹4,032 | ₹77,430 | ₹0 |
Frequently asked questions
What is the EMI for a ₹2 lakh IDFC FIRST Bank personal loan for 3 years?
At IDFC FIRST Bank's starting rate of 9.99% the EMI is about ₹6,452 a month. If your offered rate is 10.99% it would be about ₹6,547.
How much total interest will I pay?
At 9.99% the total interest over 3 years is about ₹32,290, so you repay about ₹2,32,290 in all.