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Home Loans, now at 6.90% p.a.
Unlimited benefits with a start-to-finish digital process with IDFC First Bank Home Loans
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Charges
| Processing fees (Non-Refundable) | Exposure above INR 5 Lakh : Up to 0.50% of the Loan Amount |
| Documentation charges | 1% |
| Stamp Duty | At Actuals |
| Valuation | At Actuals |
| Asset Verification | At Actuals |
| EMI Return | INR 500/- per EMI bounce |
| Late Payment | 3% per month on outstanding (Principal, Interest) |
| Cheque/ECS Swap | INR 500/- per transaction [Other bank to IDFC First Bank swapping - nil] |
| Duplicate Amortisation Schedule | INR 200/- per schedule |
| Loan Re-scheduling /Rebooking | INR 1500/- per loan |
| Duplicate/Special NOC | INR 500/- per instance |
| Statement of Account | INR 200/- per statement |
| Foreclosure/Prepayment | Exposure above INR 50 Lakh: 4.00% of the principal outstanding |
| Legal/Collection/Repossession and Incidental Charges |
At Actuals |
| Loan Cancellation | Loan Cancellation Charges INR 1000/- per Loan Account (Gap interest to be borne by customer along with No refund/waiver of Processing fee, Stamp Duty and any other charges) |
All fees/charges to be paid shall be exclusive of goods and services tax (GST), as may be applicable.
Interest Rate
| Interest Rate | Minimum : 9.50% Maximum : 24.00% |