Other IDFC Bank useful links

  1. Documents Required for IDFC Bank Auto Loan
  2. Eligibility Criteria for IDFC Bank Auto Loan
  3. EMI Calculator for IDFC Bank Auto Loan
  4. Interest Rates IDFC Bank Auto Loan
  5. Application process for IDFC Bank Auto Loan

Factors that Affect IDFC Bank Auto loan

  • Principal- The principal is the IDFC Bank Auto loan amount that you avail from the lender or banker. It is directly proportional to your other EMIs - lower principal of loan will lower your monthly instalments and vice versa.
  • Rate of interest- The rate of interest is the rate at which the lender or banker offers you the IDFC Bank Auto loan. It is also directly proportional to the value of your IDFC Bank Auto loan EMIs.
  • Tenure- The tenure is the time within which you repay your IDFC Bank Auto loan. The tenure is inversely proportional to your other loan EMIs - longer tenure makes the monthly installments or EMI amount cheaper and vice versa.

Things to consider that affect the IDFC Bank Auto loan:

  1. Income Levels
  2. Stability of Income
  3. Vehicle or car type 
  4. Credit History( loan repayment history)
  5. Employment Status for Salaried
  6. Business Longevity for Self-employed 
  7. Relationship with Lender or banker
  8. Category of Your Employer



  • Allahabad Bank
      Apply OnlineDocuments RequiredEligibility CriteriaFactors Impacting EMIInterest RateEMI Calculator