IDFC FIRST Home Loan – Interest Rates 2024, Documents, EMI Calculator
Are you looking for IDFC FIRST Bank Ltd Home Loans? Check Documents List, Interest rates, Eligibility, EMI Calculator details, Cibil Score, Toll Free Number at Deal4loans.
| Interest Rates | 9.00% – 11.50% |
| Loan Amount | 5 Lakh to 25 Lakh |
| Tenure | upto 20 years |
| Funding | Upto 90% of the value |
| Cibil Score | Min. 750 |
| Prepayment Charges | Nil |
| Processing Fees | As per agreement or 1.00% |
| Toll Free Number | 1860 500 9900 |
Apply for Home Loan
IDFC First Home Finance Limited has a wide array of surrogate schemes offered by very few of market competitors. These include:
- Home Loan Banking Program
- Home Loan No-Income Proof Program
- Home Loan Assessed Income Proof Program (Liquid Income)
- Home Loan High Equity (60:40) Program
- Home Loan BT RTR Program
- Home Loan RTR Program
- Home Loan Top-Up Policy Surrogate Program
Who is Eligible for IDFC First Home Loan?
- Sole Proprietors and Partnership Firms
- Micro Small and Medium Enterprises
- Salaried and Self Employed Professionals
- You need to be at least 2 years in business (for Self-employed) or have 3 years work experience (for salaried individuals) in an industry with a positive net worth
- The age requirement is minimum 23 years of age at the time of taking the loan and maximum of 70 years of age or retirement at the time of maturity
- Clear banking and loan payment history
- Good credit rating score in credit bureau
Documents List for IDFC First Home Loans
- Name & Date of Birth
- Identity Documents
- Latest Income Tax Returns
- Last 6 months bank statements
- Property Papers
Application Process for IDFC First Home Loan
- Fill online simple application form
- Submit your documents
- verification process
- Approval – On successful verification, your loan amount would be approved and money will be deposited in your bank account
IDFC First Home Loan EMI Calculator
EMI calculator helps you the customer to know how much amount they have to pay for the taken loan amount from banks. Borrowers can calculate emi on the basis of Interest Rates, Loan Amount & EMI Tenure.
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For example, If any one can taken a loan amount of Rs.15 lakh for 10 years @ 9% rate of interest than emi details are as below:
- Monthly EMI = Rs.19001.37
- Total Amount with Interest paid in 10 years are = 2280164.40
- Total Interest Amount for 10 years = 780164.4
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Yearly Calculated Values
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Other Available Retail Loan Products of IDFC First
- IDFC First Personal Loan
- IDFC First Home Loan
- IDFC First Consumer loans
- IDFC First Fixed Deposit
- IDFC First Business Loan
