IDFC Home Loan rate of interest / eligibility EMI Calculator, IDFC Bank offers competitive home loan interest rates, and your eligibility depends on factors like income and creditworthiness. To get a clear idea of your monthly installments, you can utilize IDFC’s EMI calculator. By considering these aspects, you can make informed decisions regarding your home loan and achieve your dream of owning a house.. Idfc home loan & loan against property, We provide Idfc first home loan & and loan against property in Gurgaon/Delhi/Noida/ Gurgaon/ Faridabad/Ghaziabad, lowest interest home loan and loan against property by solution4finance. Kindly find *Product / Policy of IDFC FIRST Bank – Home Loans* which is applicable for process of cases.
*IDFC Home Loan rate of interest*
*Loan amount 40 lakhs to 5 Cr (Ready & Under Construction)*
👉� *Income Based* (Salaried / SEP / SENP) – Max 5 Cr
(For Self Employed Max DBR is 150% on Cash Profit on loan amount up to 3 Cr & 100% for loan amount up to 5 Cr)
👉 *�Gross Turnover Program (GTP)* – Max 2 Crore
(Margin for trader will be – 7% on TO & Margin for Manufacturer & Service provider will be – 10% on TO)
👉 *�Gross Receipts program (GRP)* – Max 2 Crore
(Multiplier for Doctor – 2 times on receipts & Multiplier for Accountants & Architects – 1.5 times on receipts)
👉 *�Banking Surrogate* – Max 3 Crore
(Last 6 months ABB required – Multiplier of 1)
👉 *�EMI Multiplier* (BT program) – Max 2 Crore
(Min MOB 12 months – Multiplier on EMI of 1.1 for 12 to 18 MOB, Multiplier of 1.2 for 19 to 23 MOB, Multiplier of 1.3 for 24 to 35 MOB & Multiplier of 1.4 for 36 & above MOB)
👉 *High Equity program* – Max 1 Cr
(LTV 60% of MV & 80% of AV)
*OTHER USP’s* –
👉�Under HL – Salaried / SEP / SENP we offer both Simple Loan (Vanilla) & Short and Sweet Loan (Home Saver / Money Saver – No AMC)
👉�For Salaried Max tenure is 30 Yrs & For Self Employed is 25 yrs. Self Employed retirement age is taken as 70.
👉We do Home Loans for Company ownership property.
👉Can also look at cases in Moratorium basis some conditions.
👉 Amongst the Highest payouts with top slap payout being 1.25% plus GST.
IDFC Bank offers attractive home loan interest rates to cater to the diverse needs of borrowers. The rate of interest for IDFC home loans varies depending on factors such as the loan amount, tenure, and the borrower’s creditworthiness. With competitive interest rates, IDFC aims to make home ownership more affordable and accessible to individuals.
Compare property loan / Which bank is the best ? Why Idfc Home Loans and Mortgages are the Best Choice