10 Lakh IDFC First Bank Home Loan

IDFC FIRST Bank offers a ₹10 lakh home loan with attractive interest rates and flexible repayment options. The bank's customer-friendly approach includes minimal documentation and a quick, hassle-free processing experience. A fully digital application process makes getting a home loan seamless and efficient. Interest rates start at 8.85% annually, making EMIs affordable for up to 30 years. This loan option makes homeownership accessible and manageable for many, providing the financial support needed to realise your dream of owning a home.

10 Lakh Home Loan IDFC First Bank – Highlights

Below is a table outlining the key highlights of a ₹10 lakh home loan from IDFC FIRST Bank:

10 Lakh Home Loan EMI For 5 Years IDFC First Bank

The table below shows EMI and other relevant information for a ₹10 lakh home loan from IDFC FIRST Bank over a 5-year tenure:

10 Lakh Home Loan EMI For 10 Years IDFC First Bank

The below details give you insights into a ₹10 lakh home loan from IDFC First Bank over a 10-year tenure:

10 Lakh Home Loan EMI For 15 Years IDFC First Bank

Below is a summary table outlining the details of a ₹10 lakh home loan from IDFC First Bank over 15 years:

10 Lakh Home Loan EMI For 20 Years IDFC First Bank

For a ₹10 lakh home loan from IDFC First Bank over 20 years, with an interest rate of 8.85% per annum, the monthly EMI would be:- 

10 Lakh Home Loan EMI For 25 Years IDFC First Bank

The below table summarises the EMI details for a ₹10 lakh home loan from IDFC First Bank on a 25-year tenure:

10 Lakh IDFC First Bank Home Loan – Fees And Charges

The fees for a ₹10 lakh home loan from IDFC First Bank include a processing fee (0.5% to 1% of the loan amount), late payment penalties and fees for legal, technical and documental verification. There are no prepayment charges on floating-rate loans.

10 Lakh IDFC First Bank Home Loan – Documents Required

For a ₹10 lakh home loan from IDFC First Bank, the required documents include:

• Identity Proof: Aadhar Card, Passport, PAN Card, or Voter ID.
• Address Proof: Utility bills, Aadhar Card, Passport, or Rent Agreement.
• Income Proof: Salary slips for the last 3 months, IT returns, or bank statements.
• Employment Proof: Employment certificate or offer letter for salaried individuals.
• Property Documents: Sale agreement, property title deeds, and NOC from the builder or society.
• Photographs: Recent passport-sized photographs.

10 Lakh IDFC First Bank Home Loan – Eligibility Criteria

Applicants must have a stable and regular income to be eligible for a ₹10 lakh home loan from IDFC First Bank. A good credit history is essential to demonstrate financial responsibility. The bank also requires applicants to meet specific age and employment status criteria. Both salaried and self-employed individuals can apply, provided they fulfil these requirements.