Capital First

Capital First

Bank Name
Interest Rate Range
Processing Fee Range
Loan Amount
Tenure Range

Rate of Interest

  • Floating rate of Interest : 13 % p.a. to 18.5 % p.a.

Eligibility Criteria

  • Minimum 21 years of age and maximum 60 years
  • Loan period from 1 year to 5 years
  • Should be either salaried or self-employed and have regular source of income
  • Should have sufficient income to pay EMI on required loan
  • Applicant must be Indian Citizen, in case of NRI or person of Indian origin it should be properly documented

Fees and Charges

  • Processing Fees 1% to 2 % depends on type and category of borrower
  • Preclosure Charges – Rs 0
  • Part Payment charges- Rs 0
  •  No any other hidden charges

Documents Required

  • KYC- Pan Card, Adhar Card, ID Proof and Address proof
  • ITR with computation for 3 years with Income proof
  • Bank Statement
  • Photograph
  • 2 references

Value Additions

  • Doorstep services
  • E- approvals
  • Part payment allowed

Special Feature

  • No guarantor required
  • No pre-closure or part payment fees
  • Balance Transfer Allowed
  • Top up available

Overview about Capital First

Capital first was formed in 2012. It is as a result of a Management Buyout of an existing NBFC. The Promoter of Capital First is the highly reputed global Private Equity Fund. Capital First Primarily provides debt financing to MSMEs and consumers in India. Capital first has come up with a new model of financing for MSMEs with the help of cutting-edge technology and analytics.

Your Eligibility depends on following

You should be minimum 23 years old

You should be maximum 65 years old

You should be salaried or self employed

You should have sufficient income to pay EMI on required loan

You can increase your eligibility by doing following

Choose longer tenure of loan period maximum upto 5 years
Make your spouse as co applicant , her/his income will also be added in eligibility
EMIs of other loans loweryour eligibility
Choose maximum amount for loan

Rate of Interest and Other Charges for Personal Loan are following

Rate of Interest:



Loan Type

Interest Rate


Personal Loan(Floating)

13% to 18.5%

Existing Loan take over or New Loan

Here are some points for that why you should choose Existing Loan take over or New Loan:

  • Minimal documentation.
  • Approval without any mortgage.
  • Fast processing.
  • Foreclosure options available.
  • Lowest Interest Rate
  • No Extra fees

Features of Loan

 Here are features of Personal Loan:

  • Interest rate – Capital First offers loans at competitive interest rates of 15% to 20% for salaried applicants and 22% for self-employed applicants, it can be change anytime.
  • Processing fees – Capital First charges a 1.5% processing fee + tax for this purpose.
  • Loan tenure – is an important factor when deciding to take a personal loan. It determines how long you will be paying monthly instalments to clear off your loan. Loan Tenure is from 1 to 5 years
  • Pre-closure charges – are those that are levied by the loan provider in addition to your existing payable balance, if you wish to close your loan early. 
  • Guarantor requirement – Capital First does not require a guarantor and this saves you a lot of time and effort in securing your loan.

Documents Required for Capital First Personal loan:


Documents Required



Salary slips of the last 2 months


Bank statements

Salary account bank statement of the last 3 months


Employment proof

Employee ID card



Identity proof (Any one of the below)
Passport / Voters ID card / Driving license / PAN card

Address proof (Any one of the below)
Passport / Driving license / Ration card / Latest mobile bill / Letter from employer (with HR / Admin sign)



2 Passport Size Photo, Income Tax PAN Copy,Residential Address Proof