IDFC Quick Pay
IDFC Quick Pay: EMI Payment & Loan Foreclosure Guide
IDFC Quick Pay is an online service provided by IDFC FIRST Bank that allows customers to make loan payments بسهولة without visiting a branch. You can use it for regular EMI payments or even for one-time loan foreclosure for selected loan types.
To access the service, you need your loan account number or your registered mobile number along with your date of birth.
What is IDFC Quick Pay?
IDFC Quick Pay is a digital payment facility that enables borrowers to pay their loan EMIs or close their loans online. It offers two primary uses:
- Loan EMI Payment: Pay your regular EMIs (Equated Monthly Installments) quickly and securely.
- Loan Foreclosure: Make a one-time payment to close your loan account for eligible loan types.
IDFC Bank Loan Interest Rates
| Loan Type | Starting Interest Rate | Maximum Interest Rate | Remarks |
|---|---|---|---|
| Personal Loan | 10.75% p.a. | 18.00% p.a. | Depends on credit score and employment |
| Home Loan | 6.50% p.a. | 7.35% p.a. | Lower rates for salaried individuals |
| Car Loan | 7.85% p.a. | 9.00% p.a. | Salaried individuals get better rates |
| Gold Loan | 7.50% p.a. | 12.00% p.a. | Based on loan amount and LTV ratio |
| Loan Against Property | 9.50% p.a. | 13.00% p.a. | Depends on property value |
| Education Loan | 8.40% p.a. | 11.50% p.a. | Varies by course and institute |
| MSME Loan | 9.50% p.a. | 14.00% p.a. | Based on business profile |
Eligibility for IDFC Quick Pay
Not all loan accounts are eligible. Currently, Quick Pay is available for:
- Flipkart Pay Later
- Consumer Durable Loans
- Two-Wheeler Loans
- Business Installment Loans
- First Money Customers
You must have your loan account number or registered mobile number and date of birth to proceed.
Features of IDFC Quick Pay
- Effortless Online Payments: Pay EMIs anytime without visiting a branch.
- Multiple Payment Options: Use net banking, debit card, Paytm, or UPI.
- Overdue Payment Option: Clear pending EMIs easily.
- Advance Payment: Pay upcoming EMIs in advance.
Process for repayment using online payment channel (Net Banking / Debit Card / Paytm / UPI)
- Step 1: Visit the IDFC Quick Pay EMI page.
- Step 2: Enter your Loan Account Number or mobile number and DOB.
- Step 3: Choose payment option (Billdesk / Paytm / Mpesa), enter CAPTCHA, and proceed.
- Step 4: Verify loan details and enter the payment amount.
- Step 5: Complete payment using net banking, debit card, or wallet.
Helpful Resources
IDFC Quick Pay Login:
Customer Care: 1800 10 888