About IDFC First Bank: IDFC Bank is one of the leading banking and financial services companies offering lowest interest rate credit card services. The company has extensive expertise in retail, investment and corporate banking, and offers affordable fees and repayment options.

The bank was listed on the Bombay Stock Exchange and the National Stock Exchange. Capital First, a non-bank financial company, and IDFC Bank announced a merger in 2018, resulting in the formation of IDFC First Bank. Economic Times awarded IDFC Bank with BFSI Award in 2018. WCRC also awarded the bank the “Most Trusted Financial Brand” award in 2016.

Headquarters: IDFC Bank is headquartered in Mumbai, Maharashtra. Prior to the merger, Capital First's headquarters were located in Bangalore, Karnataka. 

Number of Employees: 4,444: IDFC Bank currently employs 20,222 employees across all its branches across the country. Mr. V Mr. Vaidyanathan is the bank's chief executive officer and managing director. Rajiv Lall is the non-executive chairman of the company. Mr. Sanjeev Chaudhry is the non-executive Chairman and also serves as an independent director of the company.

Number of Branches and ATMs: IDFC Bank was initially established with 23 branches in locations such as Mumbai, Madhya Pradesh, Delhi, Hyderabad, Bangalore, Chennai, Pune, Ahmedabad and Kolkata.

Since then, the network has expanded to more than 600 branches across the country. The bank's 15 branches are located in cities with a population of less than 10,000. It is worth mentioning that IDFC opened his 100th bank in Honali, Karnataka in 2017.

Interest rate: 10.49% to 30% per annum

Loan amount: Up to Rs 4 million

Maximum term: Up to 60 months

Processing fee: 2.50% of loan amount + GST ​​

Advance fee: 5% amount of principal amount + GST ​​

Minimum Monthly salary: Depends on personal loan amount requirements