Hi dear readers, hope you are doing well, today we will know about How to get IDFC Home Loan, Eligibility, Interest Rate, EMI Calculator, Minimum Salary, Civil Score and more details that we read in this article please read till the last.
If you are thinking of building a house and you are short of money, then you can go to IDFC Bank home loan. Home Loan comes under the category of secured loan. Our home is a small piece of heaven. It is the wish of every person that he also has his own pucca house. But we are short of money to build a house.
If you are also thinking of building a house and you are short of money, then you can take advantage of IDFC Home Loan. In this article we will know what is IDFC Home Loan, What is the interest rate of this home loan, How can we apply for this loan etc. For this you are requested to read this article till the end.
IDFC Home loan 2023
Anyone can take a home loan to build a house, buy a house or renovate a house. To take a home loan, you have to apply in it, which you can do online or offline.
Home loan Depends on factors like is based on your CIBIL Score , Your Income, age. If your CIBIL score is high and your income is also very good then you can take home loan up to higher loan amount. Pradhan Mantri Awas Yojana (PMAY) Under this you can get subsidy on home loan. You can take IDFC Bank Home Loan for a tenure of up to 30 years. If you are an existing customer of the bank, then you can get a home loan in very less documents and at a lower interest rate.
Key Features of IDFC First Bank Home Loan
- Loan Name: IDFC Bank Home Loan 2024
- Lending Bank Name: IDFC Bank
- Interest Rate : Starting from 8.45% pa
- Age Limit: 21 to 70 years
- Processing Fee : Up to 3% of the loan amount
- Loan tenure : 30 years
- Application Mode: Online / Offline
- Official Website: https://www.idfcfirstbank.com/
Interest Rate of IDFC Home Loan 2024
IDFC Home Loan interest rate starts from 8.45% p.a. Before taking a home loan from any bank, it is very important to keep in mind that how much interest you will have to pay on that loan. Therefore, before taking a home loan, get information about the interest rate on the home loan in advance. The way we should before taking a personal loan Personal Loan Interest Rate Similarly, before taking a home loan, we need to know about Home Loan Interest Rate It is very important to have information about
Interest rate plays an important role when you calculate your loan EMI using Home Loan EMI Calculator. If your home loan interest rate is low, then your EMI will also be low. If you are an existing customer of IDFC First Bank, then you can take advantage of the attractive interest rates of the bank.
IDFC Home Loan Benefits and Features
- Any salaried person and self employed person can apply for this home loan.
- You can take a home loan from this bank on floating type of interest or fixed rate of interest.
- IDFC Home loan You can pre-pay and you do not have to pay any kind of fee on this payment.
- You can get Home Loan upto 10 crore from IDFC Bank.
- The amount disbursed under home loan depends on factors like your CIBIL score, age, your income. If your credit score is high and your income is also high then you can get home loan up to higher loan amount.
- IDFC Bank you can get low interest rate, low processing fee and less documents
- You do not have to pay any hidden costs and administrative charges on IDFC Bank Home Loan.
- This bank also provides you the facility of home loan balance transfer.
- You can apply for this home loan offline or online by visiting the official website of IDFC First Bank.
- IDFC Home Loan interest rate starts from 8.45% p.a.
- On this home loan, you have to pay a processing fee of up to 3% of the loan amount.
- You can take IDFC Home Loan for a tenure of up to 30 years.
IDFC Bank Home loan Eligibility
Now let’s talk about what eligibility you have to fulfill for IDFC Bank Home Loan friends. If you fulfill all the conditions of the bank then you can get the loan in a very short time. Any Salaried Person ( Salaried Person) and Self Employed (Self Employed ) person can apply for this Home Loan. The eligibility for salaried person and self-employed person is as follows:
For Salaried Persons:
- Both resident and non-resident of India can apply.
- Applicant’s age should be 21-60 years.
- Applicant should have minimum 3 years experience.
- Income should be at least Rs 1 lakh.
- Tenure Duration 12 Months – 360 Months.
For Self Employed Individuals:
- Only resident of India can apply.
- Applicant’s age should be 23-70 years.
- Applicant should be doing business for minimum 4 years.
- should be at least 1.5 lakh rupees.
- Tenure Duration 12 Months – 300 Months.
Documents Need for IDFC Home loan
Before applying for a home loan, you must do all the documents together. So that whenever the bank asks for documents from you, you can give these documents to them immediately. You need the following documents to apply:
- Photo Identity Proof (self-attested copy of any one document)
- Passport / Voter ID Card / Driving License / Aadhar Card / NREGA Job Card / National Population Register containing details of name and address.
- valid address proof
- Passport / Voter ID Card / Driving License / Aadhar Card / NREGA Job Card / National Population Register containing details of name and address.
- valid income proof
- Salaried: Salary slip of last 2 months / latest ITR or Form 16 / Bank statement of last 6 months
- Self-employed: Latest ITR/Balance Sheet or P&L Statement/GST Return/ Bank Statement or CC Statement of last 6 months etc.
- property proof
- Photocopies of draft sale deed and series title documents (if any)
- allotment/possession letter
- No Objection Certificate from Society and other documents as per legal report
- Professional proof (self-attested copy of any one document)
- Shop establishment certificate (1st priority).
- Business/Professional License (Sales Tax Number, Code of Importer/Exporter) GST Return
IDFC First Bank Home Loan Apply
If you have read this article completely then you must have come to know that friends whether you are eligible for this home loan or not. If you are eligible for this loan, then you can apply for this home loan both online and offline. Information about both the process of applying is given here.
How to Apply IDFC Home Loan Online ?
apply by following the steps given below :
- To apply online, first you have to visit the official website of the bank https://www.idfcfirstbank.com/.
- On the home page of the website, you will see the option of Home Loan in the option of Loans, click on it.
- On the next page, all the information related to home loan will come in front of you.
- On this page you will see the option of Apply Now, click on it.
- A box will open in front of you, you have to verify your mobile number by entering the mobile number.
- Then you have to give your personal details.
- submitting the form, the bank will contact you and verify your documents.
- After that the loan process will be taken forward. If you fulfill all the conditions then your loan will be approved in some time and the loan amount will be transferred to your bank account.
How to Apply Offline for IDFC Bank Home Loan ?
If you do not want to apply online then you can also apply offline. To apply offline, follow the steps given below :
- First of all you have to go to your nearest IDFC First Bank branch.
- By going to the bank, you have to tell the bank official that you want to apply for home loan.
- The bank officer will provide you all the information related to the home loan.
- After that, based on your documents on your income, you will be given information about how much loan amount you are eligible.
- If you fulfill all the conditions then the loan process will be taken forward.
IDFC Home Loan Fees & Charges
Before applying for home loan of any bank, you should know that what are the Fees & Charges you will have to pay on this loan and how much will you have to pay. Information about Home Loan Fees & Charges taken on IDFC Bank Home Loan is given here:
| processing fee | 3% of loan amount |
| EMI bounce charges | ₹ 40 0 |
| repayment instrument swap fee | ₹ 50 0 |
| Copies of documents fee | ₹ 50 0 |
| Duplicate list of documents | ₹ 50 0 |
| Duplicate No Objection Certificate / Due Certificate | ₹ 50 0 |
| Other statutory/mortgage construction charges eg. Stamp Duty, MOD, MoE etc. | on the real |
| MCLR to EBR type | 0.5% of the outstanding principal |
| loan rescheduling fee | ₹ 30 0 |
| physical repayment schedule | ₹ 50 0 |
| physical statement of account | ₹ 50 0 |
| document retrieval fee | ₹ 50 0 |
| EMI pick-up/collection charges | ₹ 35 0 |
| Cancellation and Rebooking Fees | 1% of loan amount + interest from the date of disbursement till receipt of cancellation request |
IDFC Bank Home loan calculator
Before applying for a home loan, you should calculate the EMI of your loan. By which you will be able to know how much money you will have to pay while paying off the loan. There are three things you need to enter while calculating EMI, Loan amount, interest rate and loan tenure. You can go to the official website of IDFC First Bank Home Loan EMI Calculator You can calculate the EMI of your loan by using
IDFC Home Loan Customer Care
Complete information about IDFC Home Loan is given in this article. You can apply for home loan by reading this article. But if you are facing any kind of problem while applying for home loan then you can talk to IDFC Home Loan customer care. Given below are IDFC home loan customer care numbers:
- CASA, Deposits and other accounts – 1800 419 4332
- Loans – 1860 500 9900
- Rural Banking – 1800 419 8332
- NRI Number (Only for CASA, Deposit account holders) – 022 6248 5152
- Credit Card – 1860 500 1111
Conclusion:
Any person to build a house, For home renovation or for buying a house How to Get IDFC Home loan can take You can apply for IDFC Bank Home Loan both online and offline.
If you are facing any problem in applying then you can contact the helpline number of the bank. Hope you friends have found this article informative. If you liked this article then please share it with your friends.
FAQs on IDFC Home Loan
Q. What is IDFC Home Loan?
Ans. When any person takes a loan to fulfill his dream of home, it is a home loan. Like other banks, IDFC Bank also provides home loan facility to the customers.
Q. How do I check the status of my IDFC Home Loan?
Ans. You can check the status of your loan by calling the customer care number of the bank.
Q. What is the interest rate of IDFC First Bank Home Loan?
Ans. The interest rate of this loan starts from 8.45% per annum.
Q. How to apply for IDFC Home Loan?
Ans. Complete information about applying for home loan is given in this article. You can apply for this loan with the help of this article.
Q. How to take home loan from IDFC First Bank?
Ans. You have to apply for home loan. You can apply for this loan both online and offline.