65 Lakh IDFC First Bank Home Loan

Are you planning to buy your dream home? Urban Money is here to assist you in making it a reality using the ₹65 Lakh Home Loan from IDFC FIRST Bank. This loan will make home ownership extremely affordable and even more accessible for all salaried and self-employed individuals, with flexible repayment schedules of up to 30 years. With benefits like straightforward documentation and quick digital approvals, people can easily avail of the loan at low interest rates starting from 8.85% and extremely low processing fees, i.e. 3% of the loan value. Explore the features of the ₹65 Lakh Home Loan from IDFC FIRST Bank in our detailed blog below.

Key Highlights of 65 Lakh IDFC First Bank Home Loan

Here are some of the key features of the ₹65 Lakh Home Loan from IDFC FIRST Bank, highlighting the important benefits of the loan without impacting your financial planning every month.

65 Lakh Home Loan EMI for 5 Years IDFC FIRST Bank 

Over five years, the EMI and interest payable for IDFC FIRST Bank’s ₹65 Lakh Home Loan amount to approximately:

65 Lakh Home Loan EMI for 10 Years IDFC FIRST Bank

Below is the EMI estimate for an ₹65 Lakh Home Loan from IDFC FIRST Bank with a 10-year tenure at a minimum interest rate of 8.85%.

65 Lakh Home Loan EMI for 15 Years IDFC FIRST Bank 

The following are the EMI estimates and interest payable for an ₹65 Lakh Home Loan from IDFC Bank over 15 years at an interest rate of 8.85%.

65 Lakh Home Loan EMI for 20 Years IDFC FIRST Bank

For an ₹65 Lakh Home Loan from IDFC Bank with a 20-year tenure and an interest rate of 8.85%, the estimated EMI is approximately:

65 Lakh Home Loan EMI for 25 Years IDFC FIRST Bank 

With an interest rate of 8.85%, the estimated EMI cost and interest payable for a 65 Lakh Home Loan from IDFC FIRST Bank for a tenure of 25 years comes up to be around:

65 Lakh IDFC First Bank Home Loan – Charges

The applicant must pay the following when applying for a 65 Lakh Home Loan from IDFC FIRST Bank for any tenure:

65 Lakh IDFC First Bank Home Loan – Documents Required

The following documents are required to apply for IDFC FIRST Bank’s 65 Lakh Home Loan:

65 Lakh IDFC First Bank Home Loan – Eligibility Criteria

Any self-employed Indian resident between the ages of 23 and 70 can apply for IDFC FIRST Bank’s 65 Lakh Home Loan. These borrowers must work continuously for at least four years and earn a minimum of INR 1.5 Lakh Per Annum. They can choose a repayment tenure between 12 months and 300 months.

Salaried employees, whether residents or non-residents, can also apply for IDFC FIRST Bank’s 65 Lakh Home Loan. They must have worked for a minimum of 3 years and earned a minimum of INR 1 Lakh. Borrowers can be aged 21 to 60 and must repay the loan between 12 months and 360 months.