| Interest Rate | 8.85% p.a. onwards |
| Loan Amount | Up to Rs 10 crore |
| Loan Tenure | Up to 30 years |
| Processing Charges | Up to 3% of the loan amount |
| Minimum Income | For Salaried: Rs 1 lakh p.a.For Self-Employed: Rs 1.5 lakh p.a. |
Rates as of 14th April 2026
IDFC FIRST Bank Home Loan
IDFC First Bank offers home loans at competitive interest rates to its creditworthy applicants. The bank offers a ‘Fastrack’ home loan balance transfer facility with top-up home loans, various surrogate programs to arrive at higher eligibility for self-employed customers and specialised insurance products to protect borrowers’ families in case of unfortunate circumstances. Its 'No Income Proof' Program allows customers without regular income documents to avail home loan.
Customised Loan Eligibility
Approval for High LTV and FOIR
Loan Option for All Home Needs
New, Renovation and Balance Transfer
No Hidden Fees or Charges
No Additional Fee Charged from Applicants
Transfer Balance & Get a Top-Up Easily
Additional Funds when Required
4.5/5
15.6L Reviews
5.7cr+Satisfied Customers
65+Lending Partners
₹65k Cr+Loans Disbursed
4.5/5
15.6L Reviews
5.7cr+Satisfied Customers
65+Lending Partners
₹65k Cr+Loans Disbursed
Customised Loan Eligibility
Approval for High LTV and FOIR
Loan Option for All Home Needs
New, Renovation and Balance Transfer
No Hidden Fees or Charges
No Additional Fee Charged from Applicants
Transfer Balance & Get a Top-Up Easily
Additional Funds when Required
Calculate your Home Loan EMI Online
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Find Best Home Loan Offers
HDFC Bank
Min Loan Amt. ₹15L
Rate of Interest7.2% - 13.2%
Tenure uptoUpto 30 Years
Processing Fee₹ 10,000
ICICI Bank
Min Loan Amt. ₹15L
Rate of Interest7.65% - 9.80%
Tenure uptoUpto 30 Years
Processing Fee₹ 10,000
Axis Bank
Min Loan Amt. ₹30L
Rate of Interest8.35% - 11.90%
Tenure uptoUpto 30 Years
Processing Fee₹ 14,000
Why Choose Paisabazaar?
Compare & Choose the Best Offer
Curated Offers from Multiple Lenders
Highest Loan Approval Chances
Easy & Transparent Borrowing Process
How Can I Apply for a Home Loan Online?
Get up to ₹5 Crore in 5 Simple Steps
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.
Apply Now
IDFC FIRST Bank Home Loan Highlights
IDFC FIRST Bank Home Loan Interest Rates
IDFC FIRST Bank Home Loan interest rates when applied through Paisabazaar start from 8.85% p.a. onwards. The lender offers differential interest rates based on the type of loans and employment type of its applicants.
Regular Home Loan Interest Rates
For Salaried
| Loan Type | Interest Rates (p.a.) |
|---|---|
| Home Loan | 8.85% onwards |
| Home Loan Balance Transfer | 8.85% onwards |
| Top up Loan | Top-up at same ROI as BT subject to max capping of 100% of the BT loan amount |
For Self-Employed
| Loan Type | Interest Rates (p.a.) |
|---|---|
| Home Loan | 9.00% onwards |
| Home Loan Balance Transfer | 9.00% onwards |
| Top up Loan | Top-up at same ROI as BT subject to max capping of 100% of the BT loan amount |
Compare IDFC FIRST Home Loan Interest Rates with Other Lenders
| Name of Lender | Interest Rates |
|---|---|
| Axis Bank | 8.00% - 11.90% p.a. |
| Bajaj Housing Finance | 7.15% p.a. onwards |
| Bank of India | 7.10% - 10.25% p.a. |
| Canara Bank | 7.15% - 10.00% p.a. |
| Easy Home Finance | 8.99% p.a. onwards |
| Federal Bank | 7.30% - 10.75% p.a. |
| Godrej Housing Finance | 7.60% p.a. onwards |
| HDFC Bank | 7.20%* p.a. onwards |
| HDFC Sales Pvt. Ltd. | 7.20%* p.a. onwards |
| Home First Finance | 8.00% p.a. onwards |
| ICICI Bank | 7.45% p.a. onwards |
| IDBI Bank | 7.35% p.a. onwards |
| India Shelter Home Loan | 14.00% p.a. |
| Jio Housing Finance | 8.20% p.a. onwards |
| L&T Finance Limited | 7.65%* p.a. onwards |
| Piramal Capital Housing Finance | 9.99% p.a. onwards |
| PNB Housing Finance | 7.50% p.a. onwards |
| Punjab & Sind Bank | 7.30% - 10.70% p.a. |
| Punjab National Bank | 7.25% - 9.30% p.a. |
| RBL Bank | 8.20% p.a. onwards |
| Sammaan Capital (Formerly known as Indiabulls Housing Finance) | 8.75% p.a. onwards |
| Shubham Housing Finance | 10.45% p.a. onwards |
| State Bank of India | 7.25% - 8.95% p.a. |
| Tata Capital Housing Finance | 7.50% p.a. onwards |
*when applied through Paisabazaar
Rates as of 13th April 2026
IDFC FIRST Bank Home Loan Fees and Charges
Processing Fee & Other Charges
| Processing Fees | Up to 3% of the loan amount |
| EMI Bounce charges | Rs 500 |
| Physical copies of documents, List of Documents, Statement of Account, Repayment Schedule | Rs 500 |
| Cheque/ Instrument Swap charges (per swap) | NIL |
| Switch Fee | • From Fixed to Floating interest rate – up to 2% of the sanctioned amount • From higher fixed interest rate to lower fixed interest rate – up to 1% of the sanctioned amount • From floating interest rate to fixed interest rate – as per the existing fee |
| Loan rescheduling charges | Rs 300 |
| Cancellation and rebooking charges | 1% of loan amount plus interest from date of disbursal till receipt of cancellation request |
| Penal charges | 2% per month of unpaid EMI or Rs 300, whichever is higher |
| Repricing Fees | Up to 2% |
Foreclosure/Prepayment/Part Payment Charges
| Particulars | Charges |
| For loans having floating interest rate | NIL |
| For loans having fixed interest rate for entire tenure | Upto 2% of the sanctioned amount |
| For loans having hybrid interest rate |
|
Types of IDFC FISRT Bank Home Loan
IDFC FIRST Housing Loan
IDFC FASTRACK Home Loan Balance Transfer
Eligibility Criteria for IDFC FIRST Bank Home Loan
For Salaried
For Self-Employed
Additionally, IDFC FIRST Bank may also consider the credit score of its applicants just like other banks/HFCs do while evaluating the home loan eligibility of their applicants.
Documents Required to Apply for IDFC FIRST Home Loan
Income Proof
Salaried Individual:
Self-employed Individual:
Property Proof
Business Proof
Business Address Proof
Additional Documents for IDFC FIRST Bank Home Loan Balance Transfer
To enquire more about IDFC FIRST Bank Home Loans contact IDFC FIRST Bank Home Loan Customer Care
How Can I Apply for a Home Loan Online?
Get up to ₹5 Crore in 5 Simple Steps
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.
Apply Now
FAQs
What is the current interest rates of IDFC FIRST Bank?
IDFC FIRST Bank home loan interest rate starts from 8.85% p.a. onwards based in the credit profile of its home loan applicants.
Can I opt between fixed and floating rates of interest from IDFC FIRST Bank?
IDFC FIRST Bank offers home loans at floating rates only.
What is the minimum credit score required to avail home loans from IDFC FIRST Bank?
IDFC FIRST Bank has not mentioned the cut-off credit score for home loan applicants. However, applicants with credit scores of 750 and above usually have higher chances of availing home loans at lower interest rates.
What is the EMI date offered by IDFC FIRST Bank?
IDFC FIRST Bank has set 2nd, 5th and 10th of each month for the repayment of home loan EMI.
I do not have any income proof. Can I avail home loan from IDFC FIRST Bank?
Yes, you can avail home loans from IDFC FIRST Bank even if you do not have any income documents. The “No Income Proof” program of IDFC FIRST Bank allows applicants without regular income to avail home loans.
Is it mandatory to have a co-applicant for home loan in IDFC FIRST Bank?
No, it is not mandatory to have a co-applicant for a home loan. However, the co-owner(s) of the property should be the co-applicant.
Can I foreclose my home loan availed from IDFC FIRST Bank?
Yes, you can foreclose your home loan availed from IDFC FIRST Bank. The bank does not levy any foreclosure charges on home loans offered at floating rates.
Can I avail tax benefits on my home loan availed from IDFC FIRST Bank?
IDFC FIRST Bank Home Loan borrowers can claim tax deduction under Section 80C and 24b of Income Tax Act. Under Section 80C, the borrower can avail tax deduction of up to Rs 1.5 lakhs per financial year on principal repayment. They can also avail a tax deduction of up to Rs 2 lakhs per financial year on the interest paid on home loan under Section 24b. In case of a rented property, the entire interest repayment amount is allowed as tax deduction without any limit.
Can I make part prepayments on my home loan?
Yes, you can make part prepayments on your home loan. IDFC FIRST Bank does not charge any part prepayment fee on home loans at floating rates.
What is the reset frequency of repo rate for home loans offered by IDFC FIRST Bank?
The reset frequency of repo rate for home loans offered by IDFC FIRST Bank would be 3 months.
Can I avail two home loans at a time from IDFC FIRST Bank?
IDFC FIRST Bank may offer two home loans to its applicants at a time provided the applicant has satisfactory repayment capacity, and fulfills other eligibility criteria, such as age, credit score, etc. set by the bank. Note that the lender would also consider the title, location and other features of the property while evaluating the loan application.
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