IDFC First
Loan Against Property

Compare Banks to get lowest Mortgage Loan Interest Rate.

• Avail customised IDFC First mortgage loan up to 80% of property value.
• Salaried as well as professional Indian residents and non-resident Indians (NRIs) can apply.
• High-value loans available against residential, commercial or industrial units.
• IDFC First loan against property amount ranges between Rs. 10 Lakhs to Rs. 10 Crores.
• Maximum tenure for IDFC First LAP can go up to 25 years.
• IDFC First loan against property interest rates start at 9% p.a.
• Currently lowest IDFC First loan against property EMI is Rs. 5,071 per lakh.
• Maximum processing fee can go up 3% of the sanctioned loan amount. 

Non-IDFC First LAP customers can opt for low-cost IDFC Balance Transfer with a top-up facility. You can also avail Loan Against Property without Income Proof and ITR

You can also use SBI Loan Against Property Calculator to find out how much you will save on interest and how it affects your Loan EMI.

IDFC First Bank offers customised loans against different types of properties. The lowest IDFC First Bank Mortgage Loan Interest Rate is 9.00% - 20.00% p.a. The effective rate of interest for your LAP application depends on your repayment capacity, credit score and property value & location.

Compare Banks to get lowest SBI Loan Against Property Interest Rate.

To apply for IDFC First Loan Against Property, meet the following criteria:

• You must have a stable income source. All profiles, including salaried individuals, self-employed professionals & non-professionals can apply. 
• A minimum CIBIL score of 740 is required to apply for a loan against property.
• Salaried borrowers should be aged between 23 to 60 years.
• Self-employed borrowers should be aged between 23 to 70 years.
• Borrowers belonging to the agri-allied sector should be aged between 23 to 70 years with a minimum of 2/3 years of work continuity.
• The minimum business continuity required for the self-employed is 2/3 years.
• Salaried borrowers should have a minimum work experience of 2/3 years.
• Equitable loan value collateral is required which can be in the form of residential, commercial, industry plot or godown.

You can also check Loan Against Property Eligibility from Top Banks Online.

IDFC Bank offers customised mortgage schemes against all types of properties, such as:

• Residential
• Commercial
• Industrial 
• Godowns

Customers can apply for IDFC First Bank’s Loan Against Property online or offline according to their preference. Online you need to provide minimal documentation, such as:

• Income documents
• Average bank balance
• GST returns
• Rental income

LAP Balance Transfer can be availed with Top Up, subject to meeting adequate collateral requirements.

You can also use HDFC Bank Loan Against Property EMI Calculator to find out how much you will save on interest and how it affects your Loan EMI.

IDFC Loan against Property Contact Number is 1860 500 9900 between 9:30 am to 6.00 pm on all working days, except second and fourth Saturdays and bank holidays.

Registered Office

IDFC FIRST Bank Ltd
KRM Tower, 7th Floor, No. 1,
Harrington Road, Chetpet,
Chennai - 600031, Tamil Nadu,
India

Corporate Office

IDFC FIRST Bank Ltd
Naman Chambers,
C-32, G-Block,
Bandra-Kurla Complex,
Bandra East, Mumbai - 400051,
India