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IDFC FIRST Bank Home Loan Interest Rates

Lenders usually disclose their interest rate differentiation based on the loan amount, credit score, LTV ratio, job profile and type of home loan schemes offered to the applicants. However, IDFC FIRST Bank has not specified its differential interest rates. The lender offers home loans at floating interest rates that change with the change in the repo rate set by the RBI.

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HDFC Bank
Min Loan Amt. 15L
Rate of Interest7.2% - 13.2%
Tenure uptoUpto 30 Years
Processing Fee10,000
ICICI Bank
Min Loan Amt. 15L
Rate of Interest7.65% - 9.80%
Tenure uptoUpto 30 Years
Processing Fee10,000
Axis Bank
Min Loan Amt. 30L
Rate of Interest8.35% - 11.90%
Tenure uptoUpto 30 Years
Processing Fee14,000
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Current Home Loan Interest Rates of IDFC FIRST Bank

IDFC FIRST Bank offers home loan interest rates starting from 8.85% p.a. onwards. However, the bank has not disclosed its differential interest rates depending on the credit score, job profile, loan amount, LTV ratio, etc.

IDFC FIRST Bank Home Loan Interest Rates v/s Other Lenders

Name of Lender Interest Rates
Axis Bank 8.35% p.a.
Bajaj Housing Finance 7.15% p.a.
Bank of India 7.10% p.a.
Canara Bank 7.15% p.a.
Easy Home Finance 8.99% p.a.
Federal Bank 8.75% p.a.
Godrej Housing Finance 7.75% p.a.
HDFC Bank 7.20%* p.a.
HDFC Sales Pvt. Ltd. 7.20%* p.a.
Home First Finance 8.00% p.a.
ICICI Bank 7.65% p.a.
IDBI Bank 7.35% p.a.
IDFC FIRST Bank 8.85% p.a.
India Shelter Home Loan 8.43% p.a.
Jio Housing Finance 8.20% p.a.
L&T Finance Limited 7.65%* p.a.
Piramal Capital Housing Finance 9.99% p.a.
PNB Housing Finance 7.70%* p.a.
Punjab & Sind Bank 7.30% p.a.
Punjab National Bank 7.20% p.a.
RBL Bank 8.20% p.a.
Sammaan Capital (Formerly known as Indiabulls Housing Finance) 8.75% p.a.
Shubham Housing Finance 10.45% p.a.
State Bank of India 7.25% p.a.
Tata Capital Housing Finance 7.75% p.a.

*when applied through Paisabazaar

Last Updated on 3rd February 2026

Examples of IDFC FIRST Bank Home Loan EMI

IDFC FIRST Bank Home Loan EMI for 10 years

Interest Rate (p.a.) Loan Amount (Rs.) Loan Tenure (years) EMI (Rs.)
8.85% 10 lakh 10 12,587
8.85% 20 lakh 10 25,173
8.85% 25 lakh 10 31,466
8.85% 30 lakh 10 37,760
8.85% 32 lakh 10 40,277

IDFC FIRST Bank Home Loan EMI for 20 years

Interest Rate (p.a.) Loan Amount (Rs.) Loan Tenure (years) EMI (Rs.)
8.85% 10 lakh 20 8,901
8.85% 20 lakh 20 17,802
8.85% 25 lakh 20 22,253
8.85% 30 lakh 20 26,703
8.85% 32 lakh 20 28,483

How to Get the Best Home Loan Interest Rates from IDFC FIRST Bank

  • A credit score of 750 and above.
  • Check for interest rate offers.
  • Existing customers can check for pre-approved offers, if any.
  • Make a higher down payment.
  • Negotiate with the lender.

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How Can I Apply for a Home Loan Online?

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Step 1: Enter your mobile number in the application form.

Step 2: Verify using the OTP sent to your mobile number.

Step 3: Enter details related to your loan requirements.

Step 4: Provide your personal and employment details.

Step 5: Compare offers and apply for the best-suited loan.

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FAQs

IDFC FIRST Bank home loan start from 8.85% p.a. depending on the credit profile of the applicant.

You can switch from fixed to floating interest rates by paying a nominal fee of 0.1% of outstanding principal or Rs. 10,000, whichever is lower.

IDFC FIRST Bank home lon interest rate changes everytime the RBI resets its repo rate.

Yes, if you have a strong credit profile and a good relationship with the lender, you can negotiate for best interest rates with the bank.

The home loan interest rate and EMI are directly related to each other. Higher the interest rate, higher the EMI and vice-versa.

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