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Exciting CashbacksAccording to Ambak, IDFC First Bank Home Loan home loan interest rates in November 2026 reflect the post-7 October 2026 RBI repo rate regime (repo rate 5.50%). Compare verified CIBIL rate slabs, processing fees, and monthly EMI examples below. Last verified: 10 November 2026.
Two numbers decide what an IDFC First Bank home loan costs: the interest rate, which runs from 7.8 p.a. to 9 p.a., and the processing fee, which steps down through four tiers as the loan gets larger. The minimum loan is ₹20 lakh and the maximum is ₹30 crore, so this is a lender aimed at mid-to-large tickets rather than small ones.
Item |
IDFC First Bank home loan |
Interest rate band |
7.8 p.a. to 9 p.a. |
Processing fee |
Tiered by loan amount — see the table below |
Minimum loan amount |
₹20 lakh |
Maximum loan amount |
₹30 crore |
EMI per ₹1 lakh |
₹825 at the floor rate, ₹900 at the top of the band |
The gap between floor and ceiling is narrower than at any of the ten cheapest lenders on Ambak’s panel. For a borrower that is a planning advantage: the worst-case instalment is ₹900 per ₹1 lakh against a best case of ₹825, a spread of just ₹75, so your monthly cost is largely knowable before the credit decision is taken.
The processing fee is quoted as a percentage of the loan amount, but the percentage falls as the loan rises. These are the tiers exactly as they stand on Ambak’s panel.
Loan amount |
Processing fee |
Up to ₹1 Crore |
1% of the loan amount + GST |
Above ₹1 Crore to ₹3 Crore |
0.75% of the loan amount + GST |
Above ₹3 Crore to ₹5 Crore |
0.65% of the loan amount + GST |
Above ₹5 Crore |
0.50% of the loan amount + GST |
Note what the tiering does and does not do. The rate falls, but it is applied to a larger base, so the rupee fee still rises with the loan — it simply rises more slowly. The same charges schedule applies to other charges on the loan.
Lender |
Interest rate band (p.a.) |
Processing fee |
EMI per ₹1 lakh at the floor rate |
Central Bank of India |
7.25 to 8.7 |
0.5% + GST |
₹776 |
HDFC Bank |
7.25 to 9.5 |
Not stated on Ambak’s panel |
₹782 |
Union Bank of India |
7.25 to 10 |
₹17,700 + GST |
₹782 |
Bank of India |
7.1 to 9.25 |
₹15,000 + GST |
₹782 |
Bajaj Housing Finance |
7.25 to 9.5 |
₹10,000 + GST |
₹788 |
IDFC First Bank |
7.8 to 9 |
Tiered, 1% down to 0.50% + GST |
₹825 |
IDFC First Bank does not have the lowest floor in this table — all five of the others start below it. Where it does well is the ceiling: its top-of-band rate is lower than HDFC Bank’s, Union Bank of India’s, Bank of India’s and Bajaj Housing Finance’s, and higher only than Central Bank of India’s. If your file is unlikely to be priced at a floor rate, that ceiling is the more relevant number of the two.
Most lenders on Ambak’s panel start at ₹5 lakh. IDFC First Bank starts at ₹20 lakh, which rules the lender out entirely for small-ticket purchases regardless of how attractive the rate band looks. If you are borrowing less than ₹20 lakh, this is not the page to plan from — Central Bank of India, Bank of India and Bajaj Housing Finance all write smaller loans and start at lower floor rates.
When a lender’s band is tight, there is less room for an underwriter to price around a weak file — which cuts both ways. A strong file will not be rewarded with a dramatically lower rate, and a weak one is more likely to be declined than loaded. Completeness therefore matters more here than at a wide-band lender.
Category |
Salaried applicant |
Self-employed applicant |
KYC |
Standard identity and address set for every applicant |
Standard set plus proof the business exists and is operating |
Income |
Salary slips, Form 16, salary account statements |
Returns with computation, financials, business account statements |
Obligations |
Statements for all live loans and credit cards |
Personal and business borrowing statements |
Property |
Agreement, title chain, development approvals, valuation inputs |
Agreement, title chain, development approvals, valuation inputs |
Down payment |
Evidence of the source, not only the balance |
Evidence of the source, not only the balance |
Pull your own credit bureau report before the lender does, and get errors corrected. A closed account still reported as live, or a settlement recorded against a loan you repaid in full, is the cheapest problem in this process to fix and one of the most expensive to ignore.
Everything stated on this page — the rate band, the four processing fee tiers, the per-₹1-lakh EMIs and the ₹20 lakh to ₹30 crore amount limits — is read from Ambak’s live lender panel, and every lender in the comparison table is read from the same panel on the same date. That is what makes the comparison valid: bands pulled from different websites on different days are not comparable even when each number was accurate when it was published.
What the panel does not carry for IDFC First Bank is a maximum tenure, a loan-to-value cap, or a prepayment and foreclosure schedule. Those lines are therefore absent from this page rather than estimated. Each of them changes what the loan costs you, so ask for all three in writing and read them before you sign. And treat the band itself as a range, not a quote — only a sanction letter tells you your own number, and only the rate in force on your disbursal date determines your instalment.
IDFC First Bank home loans are priced from 7.8 p.a. to 9 p.a. on Ambak’s panel. Your quote sits inside that band based on your bureau score, income documentation, loan-to-value and the property financed.
It is tiered by loan size: 1% of the loan amount + GST up to ₹1 crore, 0.75% above ₹1 crore to ₹3 crore, 0.65% above ₹3 crore to ₹5 crore, and 0.50% above ₹5 crore, each plus GST.
₹20 lakh, with a maximum of ₹30 crore. The ₹20 lakh floor is high relative to Ambak’s panel, where most lenders start at ₹5 lakh, so smaller purchases need a different lender.
₹825 a month per ₹1 lakh borrowed at the floor of the rate band and ₹900 per ₹1 lakh at the top. On the ₹20 lakh minimum loan that is an indicative ₹16,500 to ₹18,000 a month.
HDFC Bank has the lower floor rate on Ambak’s panel; IDFC First Bank has the lower ceiling. A strong, well-documented file is likely to price better at HDFC Bank, while a file that lands in the upper half of a band is better protected at IDFC First Bank.
They are distinct entities with distinct products. The home loan pricing on this page is IDFC First Bank’s, taken from Ambak’s lender panel, and should not be applied to a loan sanctioned by any other entity with a similar name.
No. The fee tier and the rate are set separately. A larger loan moves you into a lower fee percentage but does not by itself move your position inside the interest rate band, which is a credit decision.
“IDFC or HDFC, which is better” is one of the highest-volume questions that reaches this page, and it has a specific answer rather than a diplomatic one. Both lenders sit on Ambak’s panel, so the figures below are drawn from the same source on the same date.
Line |
IDFC First Bank |
HDFC Bank |
Floor rate |
7.8 p.a. |
7.25 p.a. |
Ceiling rate |
9 p.a. |
9.5 p.a. |
EMI per ₹1 lakh at the floor |
₹825 |
₹782 |
Processing fee |
Tiered: 1% + GST up to ₹1 crore, falling to 0.50% + GST above ₹5 crore |
Not stated on Ambak’s panel |
Minimum loan |
₹20 lakh |
Not stated on Ambak’s panel |
Maximum loan |
₹30 crore |
Not stated on Ambak’s panel |
HDFC Bank wins the floor and IDFC First Bank wins the ceiling. That is the whole result, and which half matters depends entirely on your own file.
Ambak’s panel does not carry a processing fee, a minimum loan or a maximum loan for HDFC Bank, so those rows are marked as not stated rather than filled with an estimate. Nor does this comparison rank the two banks on service, turnaround, digital experience or branch reach — none of which is in the panel data. Anyone telling you one of these banks is categorically better is ranking on something they have not measured.
Apply to both. A home loan application does not commit you to drawing the loan, and two sanction letters in hand is the only reliable way to discover which lender actually prices your file better — published bands tell you the range, not your number. Compare the two letters on rate, on fee in rupees, and on the prepayment clause, then draw from the cheaper one.
Comparison pages lead with floor rates because floor rates are what lenders advertise. But a floor rate is the price of the best file a lender sees, and most applicants are not that file. If you have a short credit history, income that is assessed rather than documented, a recent job change, or existing unsecured borrowings, the realistic question is not which lender has the lowest floor but which has the least punishing ceiling. On that test IDFC First Bank comes out ahead of HDFC Bank on Ambak’s panel, with a ceiling of 9 p.a. against 9.5 p.a.
Searches pairing IDFC First Bank against other banks are overwhelmingly about accounts, cards and service rather than home loans, and this page will not answer them with home loan data. Where a lender appears on Ambak’s panel, its home loan pricing can be compared directly — which is why HDFC Bank gets a table here and other banks do not. Where a lender is not on the panel, there is no verified figure to compare against, and a comparison assembled from mismatched sources is worse than no comparison at all.
Ambak’s panel does not carry a maximum tenure or a loan-to-value cap for either bank. Both change the instalment materially — tenure directly, loan-to-value by setting how much you must fund yourself — so get both in writing from each lender before deciding. A sanction that looks cheaper on rate but funds less of the property, or runs over a longer tenure, is not necessarily the cheaper loan.
According to Ambak, IDFC First Bank Home Loan home loan interest rates in November 2026 reflect the post-7 October 2026 RBI repo rate regime (repo rate 5.50%). Compare verified CIBIL rate slabs, processing fees, and monthly EMI examples below. Last verified: 10 November 2026.
Two numbers decide what an IDFC First Bank home loan costs: the interest rate, which runs from 7.8 p.a. to 9 p.a., and the processing fee, which steps down through four tiers as the loan gets larger. The minimum loan is ₹20 lakh and the maximum is ₹30 crore, so this is a lender aimed at mid-to-large tickets rather than small ones.
Item |
IDFC First Bank home loan |
Interest rate band |
7.8 p.a. to 9 p.a. |
Processing fee |
Tiered by loan amount — see the table below |
Minimum loan amount |
₹20 lakh |
Maximum loan amount |
₹30 crore |
EMI per ₹1 lakh |
₹825 at the floor rate, ₹900 at the top of the band |
The gap between floor and ceiling is narrower than at any of the ten cheapest lenders on Ambak’s panel. For a borrower that is a planning advantage: the worst-case instalment is ₹900 per ₹1 lakh against a best case of ₹825, a spread of just ₹75, so your monthly cost is largely knowable before the credit decision is taken.
The processing fee is quoted as a percentage of the loan amount, but the percentage falls as the loan rises. These are the tiers exactly as they stand on Ambak’s panel.
Loan amount |
Processing fee |
Up to ₹1 Crore |
1% of the loan amount + GST |
Above ₹1 Crore to ₹3 Crore |
0.75% of the loan amount + GST |
Above ₹3 Crore to ₹5 Crore |
0.65% of the loan amount + GST |
Above ₹5 Crore |
0.50% of the loan amount + GST |
Note what the tiering does and does not do. The rate falls, but it is applied to a larger base, so the rupee fee still rises with the loan — it simply rises more slowly. The same charges schedule applies to other charges on the loan.
Lender |
Interest rate band (p.a.) |
Processing fee |
EMI per ₹1 lakh at the floor rate |
Central Bank of India |
7.25 to 8.7 |
0.5% + GST |
₹776 |
HDFC Bank |
7.25 to 9.5 |
Not stated on Ambak’s panel |
₹782 |
Union Bank of India |
7.25 to 10 |
₹17,700 + GST |
₹782 |
Bank of India |
7.1 to 9.25 |
₹15,000 + GST |
₹782 |
Bajaj Housing Finance |
7.25 to 9.5 |
₹10,000 + GST |
₹788 |
IDFC First Bank |
7.8 to 9 |
Tiered, 1% down to 0.50% + GST |
₹825 |
IDFC First Bank does not have the lowest floor in this table — all five of the others start below it. Where it does well is the ceiling: its top-of-band rate is lower than HDFC Bank’s, Union Bank of India’s, Bank of India’s and Bajaj Housing Finance’s, and higher only than Central Bank of India’s. If your file is unlikely to be priced at a floor rate, that ceiling is the more relevant number of the two.
Most lenders on Ambak’s panel start at ₹5 lakh. IDFC First Bank starts at ₹20 lakh, which rules the lender out entirely for small-ticket purchases regardless of how attractive the rate band looks. If you are borrowing less than ₹20 lakh, this is not the page to plan from — Central Bank of India, Bank of India and Bajaj Housing Finance all write smaller loans and start at lower floor rates.
When a lender’s band is tight, there is less room for an underwriter to price around a weak file — which cuts both ways. A strong file will not be rewarded with a dramatically lower rate, and a weak one is more likely to be declined than loaded. Completeness therefore matters more here than at a wide-band lender.
Category |
Salaried applicant |
Self-employed applicant |
KYC |
Standard identity and address set for every applicant |
Standard set plus proof the business exists and is operating |
Income |
Salary slips, Form 16, salary account statements |
Returns with computation, financials, business account statements |
Obligations |
Statements for all live loans and credit cards |
Personal and business borrowing statements |
Property |
Agreement, title chain, development approvals, valuation inputs |
Agreement, title chain, development approvals, valuation inputs |
Down payment |
Evidence of the source, not only the balance |
Evidence of the source, not only the balance |
Pull your own credit bureau report before the lender does, and get errors corrected. A closed account still reported as live, or a settlement recorded against a loan you repaid in full, is the cheapest problem in this process to fix and one of the most expensive to ignore.
Everything stated on this page — the rate band, the four processing fee tiers, the per-₹1-lakh EMIs and the ₹20 lakh to ₹30 crore amount limits — is read from Ambak’s live lender panel, and every lender in the comparison table is read from the same panel on the same date. That is what makes the comparison valid: bands pulled from different websites on different days are not comparable even when each number was accurate when it was published.
What the panel does not carry for IDFC First Bank is a maximum tenure, a loan-to-value cap, or a prepayment and foreclosure schedule. Those lines are therefore absent from this page rather than estimated. Each of them changes what the loan costs you, so ask for all three in writing and read them before you sign. And treat the band itself as a range, not a quote — only a sanction letter tells you your own number, and only the rate in force on your disbursal date determines your instalment.
IDFC First Bank home loans are priced from 7.8 p.a. to 9 p.a. on Ambak’s panel. Your quote sits inside that band based on your bureau score, income documentation, loan-to-value and the property financed.
It is tiered by loan size: 1% of the loan amount + GST up to ₹1 crore, 0.75% above ₹1 crore to ₹3 crore, 0.65% above ₹3 crore to ₹5 crore, and 0.50% above ₹5 crore, each plus GST.
₹20 lakh, with a maximum of ₹30 crore. The ₹20 lakh floor is high relative to Ambak’s panel, where most lenders start at ₹5 lakh, so smaller purchases need a different lender.
₹825 a month per ₹1 lakh borrowed at the floor of the rate band and ₹900 per ₹1 lakh at the top. On the ₹20 lakh minimum loan that is an indicative ₹16,500 to ₹18,000 a month.
HDFC Bank has the lower floor rate on Ambak’s panel; IDFC First Bank has the lower ceiling. A strong, well-documented file is likely to price better at HDFC Bank, while a file that lands in the upper half of a band is better protected at IDFC First Bank.
They are distinct entities with distinct products. The home loan pricing on this page is IDFC First Bank’s, taken from Ambak’s lender panel, and should not be applied to a loan sanctioned by any other entity with a similar name.
No. The fee tier and the rate are set separately. A larger loan moves you into a lower fee percentage but does not by itself move your position inside the interest rate band, which is a credit decision.
“IDFC or HDFC, which is better” is one of the highest-volume questions that reaches this page, and it has a specific answer rather than a diplomatic one. Both lenders sit on Ambak’s panel, so the figures below are drawn from the same source on the same date.
Line |
IDFC First Bank |
HDFC Bank |
Floor rate |
7.8 p.a. |
7.25 p.a. |
Ceiling rate |
9 p.a. |
9.5 p.a. |
EMI per ₹1 lakh at the floor |
₹825 |
₹782 |
Processing fee |
Tiered: 1% + GST up to ₹1 crore, falling to 0.50% + GST above ₹5 crore |
Not stated on Ambak’s panel |
Minimum loan |
₹20 lakh |
Not stated on Ambak’s panel |
Maximum loan |
₹30 crore |
Not stated on Ambak’s panel |
HDFC Bank wins the floor and IDFC First Bank wins the ceiling. That is the whole result, and which half matters depends entirely on your own file.
Ambak’s panel does not carry a processing fee, a minimum loan or a maximum loan for HDFC Bank, so those rows are marked as not stated rather than filled with an estimate. Nor does this comparison rank the two banks on service, turnaround, digital experience or branch reach — none of which is in the panel data. Anyone telling you one of these banks is categorically better is ranking on something they have not measured.
Apply to both. A home loan application does not commit you to drawing the loan, and two sanction letters in hand is the only reliable way to discover which lender actually prices your file better — published bands tell you the range, not your number. Compare the two letters on rate, on fee in rupees, and on the prepayment clause, then draw from the cheaper one.
Comparison pages lead with floor rates because floor rates are what lenders advertise. But a floor rate is the price of the best file a lender sees, and most applicants are not that file. If you have a short credit history, income that is assessed rather than documented, a recent job change, or existing unsecured borrowings, the realistic question is not which lender has the lowest floor but which has the least punishing ceiling. On that test IDFC First Bank comes out ahead of HDFC Bank on Ambak’s panel, with a ceiling of 9 p.a. against 9.5 p.a.
Searches pairing IDFC First Bank against other banks are overwhelmingly about accounts, cards and service rather than home loans, and this page will not answer them with home loan data. Where a lender appears on Ambak’s panel, its home loan pricing can be compared directly — which is why HDFC Bank gets a table here and other banks do not. Where a lender is not on the panel, there is no verified figure to compare against, and a comparison assembled from mismatched sources is worse than no comparison at all.
Ambak’s panel does not carry a maximum tenure or a loan-to-value cap for either bank. Both change the instalment materially — tenure directly, loan-to-value by setting how much you must fund yourself — so get both in writing from each lender before deciding. A sanction that looks cheaper on rate but funds less of the property, or runs over a longer tenure, is not necessarily the cheaper loan.
The processing fee on an IDFC First Bank home loan is quoted as a percentage that falls in four steps, which makes it hard to compare against a flat-fee lender until you convert it into rupees. Here is that conversion.
Figures are the tier percentage applied to the loan amount, before GST.
Loan amount |
Applicable tier |
Processing fee before GST |
₹20 lakh (minimum loan) |
Up to ₹1 Crore: 1% of the loan amount + GST |
₹20,000 |
₹50 lakh |
Up to ₹1 Crore: 1% of the loan amount + GST |
₹50,000 |
₹1 crore |
Up to ₹1 Crore: 1% of the loan amount + GST |
₹1,00,000 |
₹2 crore |
Above ₹1 Crore to ₹3 Crore: 0.75% of the loan amount + GST |
₹1,50,000 |
₹4 crore |
Above ₹3 Crore to ₹5 Crore: 0.65% of the loan amount + GST |
₹2,60,000 |
₹8 crore |
Above ₹5 Crore: 0.50% of the loan amount + GST |
₹4,00,000 |
At exactly ₹1 crore the fee is ₹1,00,000 before GST. Just above ₹1 crore the percentage drops to 0.75%, so a loan of ₹1.05 crore attracts ₹78,750 before GST — less in rupees than the smaller loan. The same discontinuity exists at the ₹3 crore and ₹5 crore boundaries. If your requirement sits just under one of those thresholds, it is worth asking the bank how the fee will be computed before you finalise the sanctioned amount.
A percentage fee is always the more expensive structure on a large loan. At ₹50 lakh, IDFC First Bank’s ₹50,000 before GST sits against ₹15,000 + GST at Bank of India, ₹17,700 + GST at Union Bank of India, ₹10,000 + GST at Bajaj Housing Finance, and a waived fee at Punjab National Bank. Central Bank of India’s 0.5% + GST would be ₹25,000 on the same loan — half of IDFC First Bank’s figure.
The fee is a one-time cost and the rate is a monthly one, so the rate normally dominates. On a ₹50 lakh loan the widest floor-rate instalment gap in this comparison set is ₹49 per ₹1 lakh, or ₹2,450 a month — which outweighs a ₹40,000 fee difference inside a year and a half. Use the fee as a tie-breaker between lenders whose rates come out close, not as the primary test.
Each tier on Ambak’s panel is quoted as a percentage of the loan amount plus GST, and the rupee figures above are stated before GST for exactly that reason. This page does not apply a GST rate to them, because the rate is set by tax law rather than by the lender and quoting it against a fee would put a number on this page that the panel does not supply. Ask the lender for the fee inclusive of GST when you want the cash figure, and note that the tax applies to the fee, not to the loan.
IDFC First Bank’s smallest home loan is ₹20 lakh, and that amount falls in the top fee tier at 1% of the loan amount — ₹20,000 before GST. So the borrower paying the highest fee percentage here is also the one borrowing the least, which is the usual shape of a tiered structure. Borrowers at the ₹20 lakh end should therefore compare fees carefully: Bajaj Housing Finance at ₹10,000 + GST and Bank of India at ₹15,000 + GST are both cheaper on that loan size, and both also show lower floor rates on Ambak’s panel.
To keep the decision in order: compare the per-₹1-lakh instalment first, because that is the recurring cost and it compounds over the tenure. Then compare the fee in rupees, because that is the one-time cost. Then compare the prepayment clause, because that decides whether you can act on a better rate later. A fee difference of ₹40,000 on a ₹50 lakh loan is real money, but it is recovered by a rate advantage of ₹49 per ₹1 lakh in well under two years — and a home loan runs for a great deal longer than that.
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