IDFC FIRST Bank Home Loan

Owning a home is one of life’s biggest aspirations. With the IDFC FIRST Bank Home Loan, you can turn this dream into reality. Offering loan amounts up to ₹10 Crores, flexible repayment tenures of up to 30 years, and competitive interest rates of 8.85% p.a., this option suits diverse needs. 

IDFC FIRST Bank makes getting a home loan easy with minimal documents and a smooth application process. The loan is disbursed quickly, making your journey to owning a home simple and stress-free. 

Along with the loan amount, check the IDFC FIRST Bank Home Loan interest rates and processing charges. Understand these costs to plan repayment efficiently. Check the table below:

Disclaimer: The details mentioned above are subject to change at the lender’s discretion.


Besides the interest rate, there are other fees that may apply to your home loan from this lender. 

Refer to the table below for a clear breakdown:

Disclaimer: The details mentioned above are subject to change at the lender’s discretion.


An EMI calculator helps you compute the monthly installment you have to pay. You can use the IDFC First Bank Home Loan EMI Calculator to check EMIs and adjust loan terms that suit your finances. 

Simply enter the principal amount, rate of interest, and tenure of your loan in the online calculator and click on ‘Calculate’. It will display your monthly EMI. 

Along with this, you can also check the total interest you will have to pay across the tenure and the total repayable amount, including the principal and interest. 

Home loans from this lender are designed to cater to both salaried and self-employed individuals. Here’s a quick look at the eligibility requirements. 

For Salaried Individuals:

• Resident and non-resident Indians

• Age between 21 to 60 years

• Minimum 3 years of work experience

• Minimum annual income of ₹1 Lakh

For Self-employed Individuals:

• Resident Indians only

• Age between 23 to 70 years

• Minimum 4 years of business continuity

• Minimum annual income of ₹1.5 Lakh

You need to submit valid identity, income, and property documents to apply for an IDFC FIRST Bank Home Loan. These include:

Identity and Address Proof (any one):

• Aadhaar Card

• Valid Driving Licence

• Passport

• Voter ID

• NREGA Job Card

Income Proof:

• Salaried: Salary slips of the last 2 months, latest ITR or Form 16, and bank statements of the last 6 months

• Self-Employed: Latest ITR, balance sheet or P&L statement, GST return, and bank/CC statements of the last 12 months

Property Documents:

• Photocopy of the draft sale deed

Here’s a quick run-through of the different types of IDFC FIRST Bank Home Loans.

• Home Purchase Loan: This home loan helps you purchase the residential property of your choice.

• Home Construction Loan: This loan supports you in constructing a house on pre-purchased land. The bank approves the loan amount based on the estimated construction cost of the home.

• Home Extension Loan: This loan helps you extend the construction of your already built home.

• Home Improvement Loan: If you want to renovate your house, you can do so with funds from this type of loan.

• Home Loan Balance Transfer: This facility allows you to transfer your home loan from your current bank or non-banking financial institution to IDFC FIRST Bank. 

• NRI Home Loan: Non-resident Indians can choose this loan for renovating or constructing a home in India. 

• Land Purchase Loan: You can purchase a plot as an investment or for construction with this type of home loan.

IDFC FIRST Bank offers both online and offline ways to apply. Here are the details:

Apply Online

1. Visit the IDFC FIRST Bank’s official website and select Home Loan under the ‘Loans’ tab

2. Click on ‘Apply Now’

3. Enter your mobile number and check the box stating ‘I have read and agree to the terms and conditions’

4. Click on ‘Submit’

5. Enter the OTP sent to your mobile number and click on ‘Next’

6. Enter personal details, such as your first name, last name, email address, and city, then click on ‘Continue’

Following this, a representative will guide you through the next stages via phone call or email.

Apply Offline

1. Locate the nearest IDFC FIRST Bank branch

2. Carry relevant documents with you

3. Fill out the application form carefully

4. Submit the hard copy of your application form and the rest of the documents to the bank staff

The staff will help you understand and complete the rest of the application process.

You can easily track the status of your home loan application in order to take the next steps. Follow the steps below:

Online Loan Tracker

1. Visit IDFC FIRST Bank Loan Tracker online

2. Select ‘Home Loan’ from the provided dropdown list 

3. Enter your 10-digit registered mobile number

4. Click on ‘Get OTP’ and enter it 

5. Click on ‘Track my application’ to view your loan status 

Call Customer Care

You can track your home loan status conveniently by calling 1800 10 888. The customer care representative will provide instant updates on your application.

Visit the Branch

You can also visit your nearest branch to enquire about your loan status.

Checking the statement regularly is key to monitoring your progress and the loan balance. You can easily access your home loan statement through various modes. 

Net Banking

1. Log in to your net banking account and click on ‘Accounts’

2. Select your account and navigate to ‘Download Statement’ on the dashboard

3. Choose your preferred period and click ‘Download’ or ‘Email’ to get your statement

Visiting the Branch

You can visit the nearest branch and request a printed copy of your loan statement. 

WhatsApp Banking

Interact with the bank via WhatsApp by sending a message to 95555 55555. You can request your loan statement or get assistance by requesting a call from a representative.

You can contact the IDFC FIRST Bank’s customer care for any queries related to the home loan. The toll-free number is 1800 10 888. 

NRI customers can contact IDFC FIRST Bank through a dedicated customer care number, which is +91 22 6248 5152. 

Complaints can be dropped to their head office as well:

Head Office Address: IDFC FIRST Bank Ltd, KRM Tower, 7th Floor, No. 1, Harrington Road, Chetpet, Chennai – 600031

The bank allows you to repay in EMIs across the loan’s tenure, which includes both a principal and interest component. You can pay these via the following modes:

• Auto Debit for EMI: You can set standing instructions with your bank to debit the EMI amount directly from your account. 

• NACH/ECS: You can activate the bank mandate to pay your EMIs through the digital payment facility to automate this recurring payment. 

If you are making a part-payment, you can visit your nearest IDFC FIRST bank branch and hand over a cheque/demand draft. 

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