IDFC Bank Home Loan in Chennai

About IDFC Bank Home Loan in Chennai

The beautiful city of Chennai is calling all the home loan borrowers by offering this credit facility at lower rates. You can get the same at flexible tenures of upto 30 years along with paying a one-time processing fee. Being a private sector bank, IDFC had always catered the needs of all and ensures that all its customers get the best. In order to know more about IDFC home loan in Chennai, read this page below.

IDFC Bank Home Loan Chennai at a Glance

ParticularsDetails
Interest Rate (in p.a.)8.75% - 9.20%
Loan AmountUp to ₹10 crores or maximum up to 85% of the property value
TenureUp to 30 years
Processing FeeAs per bank’s norms

Eligibility Criteria

For Salaried

  • Purchasing ready property / balance transfer of running loan on ready or under-construction property
  • Indian Resident
  • 21 years & above
  • Minimum 2 years work experience

Self-employed

  • Purchasing ready property / balance transfer of running loan on ready or under-construction property
  • Indian Resident
  • Minimum age 23 years
  • Minimum 3 years work experience

Documentation Needed to Apply

For Salaried:

  • Identity Proof-PAN Card/Aadhar Card/Voter ID/Passport/NREGA Job Card/Driving License
  • Address Proof-Utility Bill-Landline/Electricity, Registered Rental Deed
  • Age Proof
  • Last 3 months salary statements
  • Last 2 years Income tax returns or Form-16
  • Last 6 months Bank Statement

For Self-employed Professionals:

  • Identity Proof-PAN Card/Aadhar Card/Voter ID/Passport/NREGA Job Card/Driving License
  • Address Proof-Utility Bill-Landline/Electricity, Registered Rental Deed
  • Age Proof
  • Last 2 years Income tax returns or Form-16
  • Last 6 months Bank Statement

For Self-employed Businessmen:

  • Identity Proof-PAN Card/Aadhar Card/Voter ID/Passport/NREGA Job Card/Driving License
  • Address Proof-Utility Bill-Landline/Electricity, Registered Rental Deed
  • Age Proof
  • Last 2 years Income tax returns or Form-16
  • Last 6 months Bank Statement

Click to Know Home Loan Chennai

Address of IDFC Bank Branches in Chennai

Branch NameComplete AddressIFSCMICRContact Number
Nungambakkam BranchNo 105, Tahera Manor,
Nungambakkam High Road,Nungambakkam, Chennai -600034, India
IDFB0080102600751002NA

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