IDFC · Home Loan
IDFC First Bank home loan, 2026.
Reviewed by Jay Patel· Last reviewed:
IDFC home loan from 8.85% p.a., up to Rs 5 Cr over 30 years. These are indicative lender figures; current pricing, eligibility, and processing remain lender-controlled.
Interest Rate
8.85% – 10.25%
Max Amount
Rs 5 Cr
Max Tenure
30 Years
Processing Fee
Up to 3% + GST
IDFC Home Loan — Key Features
What makes IDFC's home loan offering stand out.
Digital-first processing
Attractive for salaried professionals
Monthly rest calculation
Online document upload
IDFC Home Loan Rate Details
Complete breakdown of interest rate, fees, and terms.
| Interest Rate (p.a.) | 8.85% – 10.25% |
| Rate Type | Floating (linked to EBLR / RLLR) |
| Processing Fee | Up to 3% + GST |
| Maximum Loan Amount | Rs 5 Crore |
| Maximum Tenure | 30 Years |
| Prepayment Charges | Nil (for floating rate) |
| Late Payment Fee | 2% p.a. on overdue amount |
IDFC Home Loan EMI Examples
Approximate monthly EMI at 8.85% p.a. interest rate.
| Loan Amount | Tenure | Monthly EMI |
|---|---|---|
| Rs 20,00,000 | 15 years | Rs 20,107 |
| Rs 35,00,000 | 20 years | Rs 31,154 |
| Rs 50,00,000 | 20 years | Rs 44,505 |
| Rs 75,00,000 | 25 years | Rs 62,171 |
| Rs 1,00,00,000 | 30 years | Rs 79,385 |
EMI calculated at the listed 8.85% p.a. comparison rate on reducing balance. Actual EMI, fees, and tenure depend on the lender's current approval.
Use our EMI Calculator for custom amountsIDFC Home Loan Eligibility
Who can apply for IDFC's home loan.
Salaried Applicants
- Age: 21 – 65 years
- Min Income: Rs 25,000/month
- Experience: 2 years
- CIBIL Score: 700+
Self-Employed Applicants
- Age: 21 – 70 years
- Min Income: Rs 3 Lakhs/year ITR
- Business Vintage: 3 years
- CIBIL Score: 700+
Documents for IDFC Home Loan
Documents you need to apply for IDFC's home loan.
Salaried
- 1PAN Card & Aadhaar Card
- 2Last 6 months salary slips
- 3Last 2 years Form 16 / ITR
- 4Last 6 months bank statements
- 5Property documents (Agreement, Title deed)
- 6Passport-size photographs
- 7Address proof (utility bill / rent agreement)
Self-Employed
- 1PAN Card & Aadhaar Card
- 2Last 3 years ITR with computation
- 3Last 3 years audited balance sheet & P&L
- 4Last 12 months bank statements (all accounts)
- 5Property documents (Agreement, Title deed)
- 6Business registration (GST, Udyam, Shop Act)
- 7Passport-size photographs
IDFC vs Other Banks — Home Loan Rate Comparison
How does IDFC's rate compare with competitors?
| Bank | Rate (p.a.) | Max Amount |
|---|---|---|
| IDFC (This bank) | 8.85% – 10.25% | Rs 5 Cr |
| Canara | 7.15% – 10% | Rs 5 Cr |
| Union | 7.15% – 9.6% | Rs 5 Cr |
| LIC | 7.15% – 10.15% | Rs 5 Cr |
| BoB | 7.2% – 9.25% | Rs 10 Cr |
| SBI | 7.25% – 8.45% | Rs 10 Cr |
Other IDFC Loan Products
Explore more loan products from IDFC First Bank.
IDFC Home Loan — Frequently Asked Questions
Common questions about IDFC's home loan product.
What is the lowest home loan interest rate in India in 2026?
In our lender table (rates as of September 2026), published home loan starting rates begin at 7.15% p.a. Rates vary by loan amount, profile, and property location. The table helps you compare options; pricing and approval remain with the lender.
How much home loan am I eligible for?
Banks typically offer 60x to 72x your monthly income as the maximum home loan amount. For self-employed individuals, it is 4-6x annual net income shown in ITR. Factors like existing EMIs, CIBIL score, age, and employer category also influence eligibility.
Is fixed or floating rate better for a home loan?
Floating rate home loans are 0.5-1.5% cheaper and recommended in a falling rate environment. Fixed rate loans (truly fixed for 2-5 years) suit those who want predictable EMIs. Most Indian banks offer floating rates linked to the RBI repo rate (5.25% (since December 2025)) via their EBLR or RLLR benchmarks.
Can I get a home loan with a CIBIL score of 650?
While most banks prefer a CIBIL score of 700+, some NBFCs and cooperative banks may consider scores around 650 with higher interest rates and stricter terms. Available lender information may help identify options, but each lender controls its credit criteria and decision.
What are the tax benefits on a home loan?
Under Section 24(b) you can claim up to Rs 2 Lakhs per year on interest paid. Under Section 80C, up to Rs 1.5 Lakhs on principal repayment. First-time buyers get an additional Rs 1.5 Lakhs under Section 80EEA (subject to conditions). Joint loan applicants can each claim these deductions.
Want to compare your rate with published lender information?
Send your details on WhatsApp for a lender-rate comparison. Response time and next steps vary by enquiry and lender.