55 Lakh IDFC First Bank Home Loan

Are you ready to move into your ideal house? The IDFC First Bank’s ₹55 Lakh Home Loan provides an adaptable and cost-effective way to realise your aspirations of becoming a homeowner. IDFC First Bank guarantees a seamless and pleasurable experience with attractive interest rates, minimum paperwork, and an easy application process. IDFC First Bank offers a ₹55 Lakh Home Loan, which can be used for both new home purchases and loan refinancing. You can also use ₹55 Lakhs loan EMI calculator at IDFC First Bank to calculate the EMIs that fit your budget. It gives you the financial support you need to design a cosy and unique living place.

₹55 Lakh Home Loan IDFC First Bank – Highlights

Here are IDFC First Bank home loan interest rates for ₹55 Lakhs, along with highlights:

₹55 Lakh Home Loan EMI for 5 Years IDFC First Bank 

IDFC First Bank housing loan EMI for ₹55 Lakhs is mentioned below in detail:

₹55 Lakh Home Loan EMI for 10 Years IDFC First Bank 

Here are the ₹55 Lakh home loan EMI for 10 years from the IDFC First Bank:

₹55 Lakh Home Loan EMI for 15 Years IDFC First Bank

For an amount of ₹55 Lakhs, the EMI for 15 years is as follows:

₹55 Lakh Home Loan EMI for 20 Years IDFC First Bank

₹55 Lakhs home loan EMI for 20 years from the IDFC First Bank is as follows:

₹55 Lakh Home Loan EMI for 25 Years IDFC First Bank 

IDFC First Bank home loan of ₹55 Lakh EMI for 25 years is as follows:

₹55 Lakh IDFC First Bank Home Loan – Fees and Charges 

Here are the charges for ₹55 Lakh IDFC First Bank’s Home Loan:

₹55 Lakh IDFC First Bank Home Loan – Documents Required

When applying for a home loan, certain documents are necessary to ensure a smooth and efficient process. Applicants must provide valid identity proof, such as a passport, driving licence, or Aadhaar card, and valid address proof, like a utility bill or rental agreement. Proof of income is also required, including recent salary slips, income tax returns (ITR), or bank statements. For salaried individuals, the last two months’ salary slips or the latest ITR/Form 16 and bank statements for the last six months are needed. Self-employed individuals should submit the latest ITR, balance sheet, profit and loss statement, GST returns, and bank or credit card statements for the last six months. Additionally, property-related documents are essential, including a photocopy of the draft sale deed, chain of title documents (if applicable), allotment or possession letter, and a no-objection certificate (NOC) from the society or relevant authorities as required by the legal report.

₹55 Lakh IDFC First Bank Home Loan – Eligibility Criteria

The following are the criteria for  ₹55 Lakh home loan eligibility at the IDFC First Bank:

Self-Employed Individuals

Salaried Individuals