Apply Capital First Personal Loan Now


Founded in the year 2011 CAPITAL FIRST is the brainchild of Mr V.Vaidyanathan. Having confidence in his vision that India’s rising middle class presented an immense opportunity for financing, he gave up a lucrative career & took up the road to entrepreneurship.

Mr Vaidyanathan began his new venture by acquiring stakes in an existing NBFC& backed it up with equity of 8.10 billion from Warburg Pincus. Giving up his legacy business, he transformed the wholesale business of the existing NBFC into retail financing. He worked out a unique strategy on the based on the use of latest technology & deep analytics for financing of MSME’s & consumers in India.

Achieving overwhelming success Capital First has grown from 5 locations to 222 branches all over India. The retail financing book of the Company has grown from ₹. 0.94 billion ($14 Mn) to ₹. 183.53 billion. The company enjoys the highest long term credit rating of AAA.


IDFC Bank and non-banking financial company Capital First had announced completion of their merger on December 18 2018. Effective from Saturday the 12th of January the merged entity will know be known as IDFC FIRST LTD.

“The merger presents an incredible opportunity to strengthen our banking capabilities, operate as a larger universal bank and bring immense benefits to our customers,” said V Vaidyanathan who has been appointed as, MD & CEO of IDFC First Bank .The merger deemed as advantageous to both the entities will create the following benefits;

  • The combined infrastructure to aid expansion & reduce operating costs.

  • Funding costs to improve.

  • With a wide array of wholesale & retail products the customer proposition becomes much wider.

  • The complementary portfolio gives the combined entity access to high-growth customer segments.

  • Enhancing of the lending platform, by offering customers a broader set of solutions.

  • Synergy benefits with a motivated staff & growth opportunities.

IDFC First Bank will serve 72 lakhs customers through its 203 bank branches, 129 ATMs and 454 rural business correspondents, and will offer a much wider array of products.

Why Choose Capital First

Capital First is focused on building an institution on the strong pillars of ethics, values and prompt customer service.

Aided with the latest technology the company aims at giving spending power to the multitudes of our country by a differential model.

 It is now possible for the evolving middle class of our country to fulfil their aspirations!: Finance is easily available via a personal loan to cover medical emergencies, home renovation expenses, marriage, higher education costs, and business capital requirements.

Giving focus to a hitherto underpenetrated sector Capital First has created new models of Financing; with this unique approach, Capital First has financed more than 4 million customers as of 31 March, 2017.

Eligibility Criteria

  • An applicant applying for a Personal Loan from Capital First should be a citizen of India.

  • Age – Capital first offers Personal Loans to applicants above the age of 21 years up to the age of 60 years at the time of maturity of the Personal Loan.

  • Income- Minimum Income should be above 20,000/- net per month. This amount should be transferred to the salary account of the customer account of the customer every month.

  • Residence Stability – To ensure that the applicant is easily contactable, he must have a vintage of 6 months or more at the current residence address. A physical verification is conducted at the residence of the applicant to confirm the authenticity of the address proof & details submitted.

  • Educational Qualifications-Applicant should be a graduate.

Prominent Features of the Capital First personal loan

No Guarantee or Collateral required

Personal Loan from Capital first is processed solely on behalf of the customer profile. There is no requirement of a co lateral to be given, or a guarantor who will validate your ability to pay back the Loan.

Rate of Interest

The Interest Charged by Capital First on the loan amount sanctioned is varies from 15% to 22%.Interest charged is at a monthly reducing balance. The instalment established will remain fixed for the entire tenure of the Loan.

Processing fees

Capital First levies a 2% (plus taxes) for the process & decision making of the Personal Loan Application. This amount is normally deducted from the Loan amount, so the applicant need not pay anything upfront.


The tenure is the period of time for which the Loan is sanctioned. The tenure for which Capital First will issue the personal loan is from 12 months to 60 months.

Pre Closure

The Pre closure is a charge which the customer has to pay in addition to the existing principal balance, if he wishes to pay back the Loan before the tenure has been completed. An applicant is allowed to pre close the loan after 6 months.

Loan Insurance

The applicant has an option to insure his Personal Loan from Capital First, the insurance can be opted for at the time of processing; the insurance charges will be deducted from the Loan amount.

Personal Loan Amounts Offered by Capital First

Personal loan amount offered by Capital First range from ₹ 50,000/- up to ₹ 100, 0000/-

The loan amount is sanctioned as per the following criteria:

The Loan amount applied for

The applicant has to specify the Loan amount required while filling in the application form.
It is as per the discretion of the Credit Manager as to the Loan amount approved.

Net Income

The net income of the customer will govern the amount of Loan he can be sanctioned, so that he is able to return the amount borrowed conveniently within the prescribed tenure. Earnings of the spouse & parents can also be added to the Income.

Company Category

Capital first has established an exhaustive list of companies’ based on their net worth & financial stability. An applicant employed with a company featuring on the list will be funded maximum loan amounts.


The Credit Bureau of India Limited (CIBIL) maintains a complete record of all the credit transactions of an Individual in the form of a Loan or credit card.

A high credit score signifies that the applicant is likely to be responsible towards the credit due. Hence forth the Maximum Loan will be forwarded to him by the Institution.

Monthly Instalment to be paid

The applicant should be comfortable in paying the monthly instalment due. Any Previous Loans running or credit card dues to be paid will be taken into account before sanctioning the final Loan amount.

The Personal Loan Process

Capital First has adapted a new system for the process & decision making of its Personal Loan applications: It ensures a record processing time, with an on principal approval given within 48 hours of the receipt of the application. The process steps are as follows:

The Customer applying for a Personal loan is required to fill in the Capital First Personal loan application form with all the requisite documents. (Our representative from Your Loan Advisors will be at your service to help you complete the application & submit the file on your behalf)

The details of the applicant are entered into the Capital First Personal Loan scoring system.

If the score achieved is above the basic minimum score required, the applicant gets a message of a statuary approval or else a decline.

All approved applications are then forwarded for office & residence verification.

Finally the Credit manager will collate all the inputs & give the final decision as to the loan amount sanctioned.

If the applicant is keen on taking the Loan amount sanctioned, a loan agreement will be signed by the applicant.

The applicant is required to submit security cheques as per the tenure decided.

The Loan amount will be then transferred by ECS to the salary account of the customer.
The processing fees & insurance charges will be deducted from the Loan amount.

Advantages of a personal Loan from Capital First

  • A streamlined process ensues a quick turnaround time.
  • Capital First funds to applicants in listed & non listed companies.
  • Ease of Minimal documentation requirements.
  • Transparent process with the best in class Rates of Interest rates.
  • Use of updated technology & systems.
  • Efficient & Prompt customer services.

Charges for Capital First Personal loan

Rate of Interest 10.75% -18% @ monthly reducing balance
Lowest EMI ₹. 2,432 per lakh
Loan Tenure From 12 months to 60 months
Loan Amount Min ₹. 50,000 and Max ₹. 25,00,000
Processing Fee 1.99%
Prepayment Charges Not allowed
Foreclosure Charges Allowed after 24 EMI’s, 5% foreclosure charges
  • Taxes will be levied as per government rules & regulations.
  • Your Loan Advisors offers its services to customers completely free of charge.

Documents Required for Process of your Personal Loan application

  • Filled up application form
  • Passport Size Photo
  • Income Tax PAN Copy
  • Identity Proof – Driving License/ PAN/ Passport/ Voter ID
  • Residential Address Proof – Registered Rent Agreement/ Passport/ Leave and License/ Utility Bill (upto 3 months old)
  • Income Documents – 2 years Form 16, 3 month pay slip, 3 months bank statement showing salary credit and any EMI debit

Latest News from Web

Modi unveils aid for small businesses as elections near

News from REUTERS

Prime Minister Narendra Modi on Friday unveiled a dozen measures to support small- and medium-sized businesses, as he aims to woo a large voting bloc ahead of a national election next year. The move comes after a unified Goods and Services Tax (GST), launched more than a year ago, drove many small enterprises out of business and put hundreds of thousands out of work, handing a big political weapon to opposition parties. Read More

Capital First chief’s gift makes millionaires of maids, drivers, family

News from liveMINT

Vaidyanathan Vembu, chairman of Capital First Ltd, has gifted nearly 430,000 shares worth over ₹20 crore to two drivers, three maids, some colleagues and family members. While Vaidyanathan is giving away 6,500 shares each to the maids and drivers, 26 former and present colleagues will get 11,000 shares each. Satyamurthy Vembu, a brother, gets 26,000 shares.Read More

Central government, RBI trying to find a middle ground

News from The Economics Times

RBI may ease its stance on issues such as lending norms for small enterprises while the government may tone down its demand for transfer of excess RBI reserves as the two sides attempt to patch up differences, said people familiar with the institutions.One likely outcome of the recent confrontation could be that the two may agree to form a committee to devise a formula for transfer of surplus reserves… Read More

IDFC Bank to be renamed as IDFC First Bank

News from liveMINT

IDFC Bank has proposed to change its name to ‘IDFC First Bank Ltd’ as it is in the process of amalgamating non-banking financial company Capital First with itself. The Board of Directors of IDFC Bank at its meeting on Wednesday decided to seek approval of the Reserve Bank of India to rename the bank as ‘IDFC First Bank Limited’, the new private sector lender said in a regulatory filing Thursday.Read More

Paytm UPI transactions grow 600% in 6 months; becomes largest UPI player in October

News from Financial Express

Digital payments company Paytm Friday said it has recorded a growth of 600% in the Unified Payments Interface (UPI) transactions in the last six months, claiming it was the largest contributor to the volume of UPI payments in India. In the month of October, Paytm, which is which One97 Communications Ltd, registered over 179 million UPI transactions, grabbing an overall 37% transaction share in during the month.Read More

Capital First Q2 profit rises over three-fold to ₹104.6 crore

News from liveMINT

Capital First Ltd on Friday reported more than trebling of its net profit in the September quarter to ₹104.6 crore. Its core income — net interest income and fee income — grew 49% year-on-year (y-o-y) to ₹695.2 crore during the quarter. The growth in income was primarily driven by higher net interest income (NII), which grew 55% y-o-y to ₹615.3 crore.Read More

Frequently Asked Questions (FAQs)

There are two types of loans offered by Capital first. General purpose or multipurpose loan that is one of the most popular and other is the consumer durable loan that is taken when you need to buy consumer durable products.

A personal loan is also called a general purpose loan that can be is used at discretion for consolidating debt or paying for an unexpected expense like marriage or children education. Whereas, Consumer Durable Loan is a finance option taken to purchase household items like television or refrigerator.

Eligibility criteria depend upon the age, monthly income, CIBIL score and repayment history of each applicant. Individuals aged 21-58 and having a monthly salary of Rs.20000 and self-employed individuals of age 28-56 years with yearly turn-over of at least Rs. 1000000 with the good CIBIL score are eligible to get a personal loan from Capital First.

Any eligible salaried applicant can apply for a maximum amount of Rs. 10 lakh whereas Rs. 15 lakh is the maximum quantum of the loan amount for self-employed individuals.

The good CIBIL score ranges from 300-900. So higher the score, higher are the chances of your loan approval. Any applicant having CIBIL score above 750 is eligible to apply for a personal loan from Capital First. However, you can increase your CIBIL score by:

  • Pay your outstanding bills on time.
  • Taking fewer loans, so there are less chances of being a defaulter. This decrease your chances of loan approval.
  • Use your credit card wisely. Try not to use it beyond your credit limit.
  • Secured loan such as home loan increases your credit scores whereas, unsecured loans such as credit cards and personal loans puts a negative impact of your scores. Try maintaining a balance between both.
  • You should ideally apply for one loan at one time. Not being able to repay the loan at the specified period has a significant negative impact of your credit score.
  • You should always maintain an excellent CIBIL score while applying for a loan. If not, you may are charged a high-interest rate, or there are also chances of your application getting rejected.
Key documents needed while applying for a personal loan are the original application duly filled and signed by the applicant, income proof, security cheques, and canceled cheques, address proof, id proof, age proof and income proof of the co-applicant.

The interest rate depends upon the applicant’s income, tenure, loan amount, credit report, etc. It also depends on the risk profile and facilities provided to the individual. Usually, salaried applicants are charged 15% to 20% of interest rate whereas; self-employed individuals are charged flat 22% on Capital First personal loan.

The bank decides the repayment tenure which depends on the applicant’s monthly income and repayment capabilities. Usually, the maximum repayment tenure is between 5 years or 60 months in which the individual has to repay their entire loan liability to prevent defaulter charges.

You can repay your loan each month through equated monthly installments (EMI). The bank decides the EMI depending upon the applicant’s loan amount, loan term and interest rate.

Capital First’s Registered Branches in Delhi NCR Region

Branch Name: Capital First Ltd.

Branch Address: Ground Floor, Prem Dohil Sadan, 11, Rajendra Palace New Delhi 110008

Branch Name: Capital First Ltd.

Branch Address: 2nd floor , NH 131A, Sub division A, opp banke bihari mandir, Railway road , NH-5 , NIT Faridabad-121001, Haryana

Branch Name: Capital First Ltd.

Branch Address:1st Floor, 113/19, Navyug Market, Ghaziabad – 251001

Branch Name: Capital First Ltd.

Branch Address: 2nd Floor, Bhagwan Sahai Palace, Main Road, Naya Aawas, Sec-15, Noida-201307

Working Hours:
Monday to Friday – 9:30 AM to 5:00 PM
Working Saturday – 9:30 AM to 2:00 PM
Branches will remain closed on 1st and 2nd Saturday of every month. Also, Branches will remain closed on respective State Holidays.