IDFC Bank Hyderabad

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About IDFC Bank

IDFC Bank started its journey in the banking industry in the year 2015, however, IDFC (Infrastructure Development Finance Company) has been one of the leading finance providers since 1997. In recent times, the bank has earned a position in the listing on BSE & NSE and has bought up to 10% stake in ASA International India for ₹8.5 crores. The bank has been a believer of giving its best to the customers since its beginning and continues to maintain the same purpose. Having this positive approach towards the work, IDFC Bank has won the hearts of many which is quite possible from its success in such a short span of time even after there are so many big names in the industry already existing.

Talking about the products and services offered by the bank, the list includes retail banking, commercial & wholesale banking, business banking and Bharat Banking. From home loans, which makes your dream a home come true, to the commercial vehicle loan that gives the young entrepreneurs to start their own transport business, IDFC Bank has loans for every financial need. Coming to the Hyderabad branch, the bank has all the products to offer to the people. So, read this article to know the branch details and product related information and make a choice.

Branch Addresses of IDFC Bank Hyderabad

Branch NameComplete AddressIFSCMICRContact Number
Jubilee HillsJubilee Town 36, Plot No 1130 A, Road No 36, Jubilee Hills,Hyderabad, Telangana -500033, IndiaIDFB008020150075100267383000

Products Offered by IDFC Bank in Hyderabad

IDFC Bank has a wide array of products and services to offer its customers. The list of products includes home loans, commercial vehicle loans, personal loans, and loan against property under the loan segment. The interest rates offered by IDFC Bank on loans are one of the lowest interest rates in the market so that it gets easier for the customer to opt for it and pay back as well. Other than this, the bank also offers higher returns on fixed deposits. So, have a look at the product details like eligibility criteria, maximum amount, interest rate, and other related information.

Basic Details of IDFC Bank Products

ProductEligibilityAmount Interest RateProcessing FeeTenure
Home Loan 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
Up to ₹10 crores or maximum up to 85% of the property value9.15% - 9.60%As per bank’s normsUp to 30 years
Personal Loan Age should be at least 21 and less than 58 years
Applicant should be a resident of India
Customer should have a regular income and should be a salaried employee (Government service or a regular corporate job)
₹50,000 to ₹20,00,000Customized1%-2% of the loan amount3 to 60 months
Commercial Vehicle Loan Funding for Farmers, small entrepreneurs, retail and wholesale traders, Drivers, Salaried & Self-employed individualsUp to 90% of the asset costCustomizedAs per Bank’s normsFlexible tenure
Business Loan (Vyapaar Vriddhi Micro Enterprise Loan)Salaried individuals
Self-employed professionals
Self-employed individuals
Sole entrepreneurs
Partnership firms
Up to loan amount of ₹3 LakhCustomizedAs per Bank’s normsUp to 5 years
Loan Against PropertyID Proof- PAN Card/Aadhar Card/Voter ID/Passport/NREGA Job Card/Driving License
Address Proof-Utility Bill-Landline/Electricity, Registered Rental Deed
Passport Size Photograph
Last 2 Months Salary Slip
Last 6 Months Bank A/C Statement
Property Documents
₹5 crores or up to 60% of the property valueCustomizedAs per Bank’s normsUp to 15 years
Fixed DepositIndividuals
Sole Proprietorship
Hindu Undivided Family
Partnership Firm
Limited Liability Partnership (LLP)
Private/Public Limited Company
Trust, Association, Society
Government/Quasi Government Institutions (including Municipal Corporation,
Joint Ventures
Liaison/Representative/Branch Office of foreign companies
Embassy Offices in India
No upper limit4.00% - 7.70%Not applicableUp to 10 years

Documents Required

Below is the list of documents according to the product and the applicant must carry these documents at the time of applying.

ProductDocuments
Home Loan 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
Personal LoanID Proof- PAN Card/Aadhar Card/Voter ID/Passport/NREGA Job Card/Driving License
Address Proof-Utility Bill-Landline/Electricity, Registered Rental Deed
Passport Size Photograph
Last 2 Months Salary Slip
Last 6 Months Bank A/C Statement
Commercial Vehicle LoanID Proof- PAN Card/Aadhar Card/Voter ID/Passport/NREGA Job Card/Driving License
Address Proof-Utility Bill-Landline/Electricity, Registered Rental Deed
Passport Size Photograph
Last 2 Months Salary Slip
Last 6 Months Bank A/C Statement
Business Loan (Vyapaar Vriddhi Micro Enterprise Loan)PAN Card – For Individual / Partnership Firm / Company
Passport Size Photographs of all applicants and co-applicants
Identity Proof – Anyone (e.g. Voter ID / Driving License / Passport / Aadhar Card)
Address Proof – Anyone (e.g. Voter ID / Driving License / Passport / Telephone Bill / Electricity Bill / Registered Lease Deed or Sale Agreement / Bank Statement)
Ownership proof of either residence or office either in the name of applicant or jointly with family members
Letter certifying end use of the business loan funds on Business Letterhead
Self-Employed Individuals / Sole Proprietorships: Latest audited ITR and financials for the last 2 years. (Balance Sheet, Profit & Loss A/c., Computation of Income along with all schedules.)
Bank statements from the borrower's main account/s for last 6 months and 3 months of all other bank accounts mentioned in the Balance Sheet

For Self-Employed Professionals: Latest audited ITR and financials for the last 2 years. (Balance Sheet, Profit & Loss A/c., Computation of Income along with all schedules.)
Bank statements from the borrower's main account/s for last 6 months and 3 months of all other bank accounts mentioned in the Balance Sheet
Professional Qualification Certificate and Degree Certificate for professionals. (Doctors, Architects, Chartered Accountants etc.)
For Partnership Firms / Private Limited Companies: Latest audited ITR and financials for the last 2 years. (Balance Sheet, Profit & Loss A/c., Computation of Income along with all schedules.)
Bank statements from the main account/s for last 6 months and 3 months of all other bank accounts mentioned in the Balance Sheet
Partnership Deed and partnership authority letter for partnership firms
Memorandum and Articles of Association and Board Resolution from the company
Certificate of Incorporation (COI) for companies
Latest shareholding patterns for Private Ltd. / Public Ltd. companies
Loan Against PropertyIdentity 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
Fixed DepositIdentity Proof-PAN Card/Aadhar Card/Voter ID/Passport/NREGA Job Card/Driving License
Address Proof-Utility Bill-Landline/Electricity, Registered Rental Deed
Bank Statement with Cheque
Certificate/ID Card issued by Post office
Senior Citizen ID Card

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