IDBI Bank Personal Loan Ahmedabad - Eligibility, Rates February 2024, EMI, IFSC

IDBI Bank Personal Loan in Ahmedabad

About IDBI Bank Personal Loan Ahmedabad

IDBI Bank offers a personal loan to eligible salaried individuals and self-employed businessmen and professionals based in Ahmedabad. IDBI Bank has set up more than 15 branches in the city. The personal loan product offered by the bank comes with an attractive rate of interest which is calculated on daily reducing balance. Minimal documentation and quicker service makes the product a hit amongst loan seekers in Ahmedabad.

IDBI Bank Personal Loan Ahmedabad at a glance

The essential details about the product offered by IDBI Bank have been given below.

Interest Rate10.50% - 13.25%
AmountMinimum- ₹50,000
Maximum- ₹ 10 lakh
TenureUp to 5 years
Processing Fees2% of the sanctioned loan amount
Prepayment FeesNo Prepayment fee is charged after completion of six EMIs

2% of the outstanding loan amount is charged before completion of six months

Apply Personal Loan @ 10.75%* Rate

Eligibility Criteria for IDBI Bank Personal Loan Ahmedabad

The norms of eligibility for a personal loan offered by the bank have been mentioned below. Check them out.

  • The age of the applicant should be between 22 – 60 years. This means the applicant should be at least 22 years old when the loan is applied. In case of Pensioners and Family Pensioners, the maximum age is 75 years. This means the loan needs to be fully repaid by the age of 75 years.
  • Permanent employees of reputed PSUs and Joint Stock Companies, Confirmed Central / State Government officials, Lecturers / Asst. Professors / Professors of Colleges / Research Institutions and Universities are eligible to apply for the product offered by IDBI bank.
  • The salary account of the employee should be maintained with the branch.
  • The minimum net salary should not be less than ₹ 20,000 per month or minimum net annual income of ₹1,80,000 per annum for the salaried Individual.
  • For the self- employed the minimum annual average balance should be ₹ 25,000 per month and minimum annual business income should be ₹ 2,40,000 per annum for last 2 years.

Documents required for IDBI Bank Personal Loan Ahmedabad

The list of important documents required for a personal loan offered by IDBI Bank has been given below.

Salaried employees:

  • Identity Proof- PAN card/ Voter ID card/ Passport/ Driving License/ Aadhar card ( Laminated, Recent, Legible)
  • Two Photographs of passport size
  • Proof of Address- Leave and License agreement/ Passport/ Telephone bill/ Water bill/Electricity bill
  • Bank statement of the last three months, where the applicant’s salary is being credited
  • Salary slips of the previous three months

Self-employed individuals:

  • Proof of Address- Leave and License agreement/ Passport/ Telephone bill/ Water bill/Electricity billAge Proof- Birth certificate/ High school marksheet/ Passport
  • Bank statement of the previous six months
  • Proof of office address
  • Identity Proof- PAN card/ Voter ID card/ Passport/ Driving License/ Aadhar card ( Laminated, Recent, Legible)
  • Proof of continuity of the business
  • Income tax returns of the last three years
  • Proof of ownership of office
  • Audited Balance Sheet plus Profit & Loss account

Please refer to Personal Loan Ahmedabad in case you require additional information.

Address of IDBI Bank branches in Ahmedabad

The complete list of IDBI Bank branches in the city has been given here along with the address, contact details and IFSC & MICR codes.

Branch NameAddressIFSC CodeMICR Contact Details
C G RoadIDBI Complex, Lal Bunglow, Off C.g. Road,IBKL0000009380259002079-6431902/6431909
Bod?kov23 - 25, Rudra Square, Nr Judges Bunglow, Bodakdev, AhmedabadIBKL0000067380259003079-26873002/3/4
GhatlodiaYash Kunj Society Aishwarya Complex , Prabhat Chowk , GhatlodiaIBKL0000082380259004079-27430337 / 344
MemnagarKrishna Avenue , Subhash Circle MemnagarIBKL0000085NON-MICR079-7499466
Ahmedabad - Main BranchIDBI House, Dnyaneshwar Paduka Chowk F.c. Road, Shivaji NagarIBKL000013038025900625660065
JNP Satellite9 - 11, Satya Complex, 132 Ft. Ring Road, Opp. Ioc Petrol Pump, Nr. Shivranjani Cross Roads, Satellite, Ahmedabad - 380015IBKL0000179380259007079-26753001/02/03
Gandhi NagarSuper Mall - Infocity, Near GH 0 Circle, Gandhinagar, Ahmedabad Pin : 382009, GujaratIBKL0000260380259009079 - 2321 3451 / 2 / 3
ManinagarTulsi Complex, Pushpakunj Circle Kankaria, Maninagar , Gujarat, 380008IBKL000028638025901099989 44923
Ahmedabad (Corporate Banking Branch)Off C. G. Road , I D B I Complex, Lal Bunglow, Ahmedabad - 380006IBKL00003753802590117926402475
AhmedabadHitek Building, , Opp. Museum Paldi, , Ahmedabad, Pin code - 380007IBKL0000549380259008079-26588074
Sabarmati, AhmedabadIDBI Bank Ltd., Shukan Mall, Shop No. 125 & 39 To 43, Nr. Visat Petrol Pump, Sabarmati, Gandhinagar Highway, Ahmedabad - 380019IBKL00004083802590129879010224
CCU AhmedabadCentral Clearing Unit, 3rd Floor, Idbi Complex, Near Lal Bunglow, Off C G Road, Ahmedabad 380 006IBKL0000982400259083079 66072848
Prahalad NagarShop No - 2 Campus Corner - 2, 100 Ft Road, Near Auda Garden, Prahalad nagar AhmedabadIBKL000102438025901398795 088885
Retail Asset AhmedabadIDBI Bank Ltd.retail Assets Centre, 101, 1st Floor, Sigma Icon - 1, Opp. Medilink Hospital, Nr. Shyamal Cross Road, 132 Ft Ring Road, Satellite - Ahmedabad - 380015IBKL0000810NON-MICR079-61905639
BopalGr. Flr. Shop No. 8 To 12, New York Arcade, Opp. Inductotherm, Main Road Bopal, Ahmedabad-380058IBKL0001180380259014079-233801
Nava VadajG-1, Shakti Heights, Aniruddha Co-op Housing Society, Opp. Kiran Park, B/h Bhimjipura, Nava Vadaj, Ahmedabad- 380 013IBKL0001279380259015079-267552280-81-82
BapunagarShop No: 53, 54, 55, 56- Ground Floor, Sardar Patel Mall-a, Nikol Road, Bapunagar, Ahmedabad- 382350IBKL0001280380259016079-22703344-45 9998944925
OdhavShop No. 13, 14, 15 & 16, Ground Floor, Mangalam Arcade, Old Mangalam Theatre, Soni Ni Chali, Odhav, Brts, AhmedabadIBKL00013423802590189898985941
Isanpur Ghodasar RoadShop No 8, 9, 10, Ground Floor, Kansas, Isanpur Ghodasar Cross Road, Ahmedabad 380050IBKL000160338025901925891603
Vastrapur Lake RoadShop No 11 And 12 Chinmay Crystal Ambardhara Co Op Hsg Society Ltd Vibhag 2, Ahmedabad GujaratIBKL00016433802590209537040240
PrantijUmiya Complex, Survey No.16/3 Paiki, Plot No.4& 5, Opp.essar Petrol Pump, At& Tal Prantij - PIN 383205IBKL00019883832591319879297771
Currency Chest, AhmedabadIDBI Bank Ltd, CG Road, Ahmedabad, IDBI Complex, Lal Bunglow, Off CG Road, Ahmedabad-380006IBKL0000974NON-MICR079-66072635

  • Personal Loan Interest Rates February 2024
    HDFC Bank10.75% - 14.50%
    ICICI Bank10.75% - 19.00%
    IndusInd Bank10.25% - 26.00%
    Kotak Bank10.99%
    RBL14.00% - 23.00%
    SMFG India Credit12.00% - 24.00%
    Standard Chartered Bank11.49%
    Tata Capital10.50% - 24.00%