IDFC First Bank Home Loan Interest Rates


  • Check interest rates for IDFC Bank home loan.
  • Choose your home loan EMI on the basis on the interest rate and tenure.

At the time of home loan, you just like any other person, would choose a lender that can first give you the lowest possible rate and second that it can provide flexible payment options. At IDFC First Bank, there is an option to repay your home loan upto a maximum of 30 years. With this facility, customers have found it convenient to choose the tenure that suits that budget so that they can pay EMIs comfortably. In this article, you would find the details of the home loan provided by IDFC First Bank.

IDFC First Bank Home Loan Interest Rates May 2024

The table shows the interest rate, processing fees, tenure and maximum loan amount applicable on the home loan available at IDFC First Bank.

Particulars Details
Home Loan Interest Rate 8.85% - 9.25%
Loan Amount Up to INR 10 crores or maximum up to 85% of the property value
Tenure Up to 30 years
Processing Fee As per bank’s norms

How is the interest rate on home loans calculated?

The rates applicable on home loans is floating. The rate is spread over 6 Month Year MCLR which is subject to change with the loan amount. The minimum rate spread is MCLR + 0.20% which is applicable up to the loan amount of INR 30 lakhs.