IDFC First Bank, formerly known as IDFC (Infrastructure Development Finance Company) is a provider of banking products and services to its customers nationwide. Besides various other banking solutions, IDFC First’s main focus stays on its home loan product. IDFC First bank offers competitive and attractive home loan interest rates that start from 7.00% onwards per annum. Now, let’s gain some understanding on the home loan eligibility criteria that is applicable for all the home loan schemes offered by IDFC First Bank.
IDFC First Bank Home Loan 2021
|Interest Rate||7.00% onwards|
|Loan-to-Value Ratio||Up to 90% of property value|
|Processing Charges||Up to Rs. 10,000 (additional premium is charged based on risk profile)|
Note: The mentioned interest rates, fees and charges are subject to change and depend on the sole discretion of the bank and RBI. GST and service tax shall be levied extra on the mentioned charges