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IDFC First Bank Loan Against Property

IDFC FIRST Bank provides loan against property or mortgage loan for salaried/self-employed to fund your business or meet your personal requirement. IDFC FIRST Bank can help unlock the hidden value in your residential/commercial property to give you a loan against property. Our mortgage loans are especially designed to unlock the maximum value of your property.

IDFC FIRST Bank provides loan up to 90% of your property’s value. IDFC FIRST Bank provides mortgage loans starting from 5 lakhs to 10 crores, repayment tenure upto 20 years at attractive interest rates starting is 10.25%, lowest EMI just 982/per Lakh.  Use Loan Against Property EMI Calculator to calculate monthly EMIs on the basis of Loan Amount, Interest Rate & Tenure. Apply for Mortgage Loans in Delhi-NCR online with LoanMoney to avail the lowest interest rates and quick approval.

Generally the purpose of the loan against property is Business expansion, purchase machinery, house expansion, Debt consolidation etc. Mortgage loan allows you to hold on to your property and at the same time, raise funds. Loan Against Property EMI is a fixed amount of money you pay IDFC First Bank towards repayment of your property loan EMI date is the 2nd or 5th of every month till your Mortgage loan is fully repaid. IDFC FIRST Bank also offers you a flexible part prepayment facility to help you in paying off your loan early.  Apply for Mortgage Loans in Delhi-NCR online with LoanMoney to avail the lowest interest rates and quick approval.

Compare Loan Against Property Interest rates, processing fees from Banks like HDFC, ICICI, Axis, Kotak etc. You can calculate loan Against property monthly EMI through LoanMoney EMI Calculator. Just enter the loan amount, rate of interest and loan tenure, and you can find out the monthly instalment amount instantly. Minimal documents required to apply for IDFC FIRST Bank’s loan against property are easy to obtain. List of documents for loan against property: Photo Identity Proof, Address Proof, Property Document, Income Proof.

  Salaried Self Employed Professional
Age 23 To 60 Years 23 To 70 Years 23 To 70 Years
Loan Amount 5 Lakh To 10 Crore 5 Lakh To 10 Crore 5 Lakh To 10 Crore
Tenure  Max. 20 Years Max. 20 Years Max. 20 Years
Rate of Interest / APR [Annual Percentage Rate] 10.25% To 11% 10.25% To 11% 10.25% To 11%
Features Loan Tenure Upto 20 Yr.‎ & Loan Up to 90% of Property Value Loan Tenure Upto 20 Yr.‎ & Loan Up to 90% of Property Value Loan Tenure Upto 20 Yr.‎ & Loan Up to 90% of Property Value
Processing Fees Upto 1% Upto 1% Upto 1%
Special NA NA NA
Documentation KYC/Financial(2 Years) & Property Documents. KYC/Financial(2 Years) & Property Documents. KYC/Financial(2 Years) & Property Documents.
Eligibility
  • Minimum age requirement is 23 years at the time of taking the loan and maximum of 60 years or retirement at the time of maturity
  • 5 years’ work experience (for salaried individuals)
  • Micro, Small and Medium Enterprises
  • Clean record in terms of past loans and statutory payments.
  • Minimum age requirement is 23 years at the time of taking the loan and maximum of 70 years or retirement at the time of maturity
  • Minimum 2 years in business in an industry with a positive net worth (for Self-employed) 
  • Micro, Small and Medium Enterprises
  • Clean record in terms of past loans and statutory payments.
  • Minimum age requirement is 23 years at the time of taking the loan and maximum of 70 years or retirement at the time of maturity
  • Minimum 2 years in business in an industry with a positive net worth
  • Micro, Small and Medium Enterprises
  • Clean record in terms of past loans and statutory payments.
Particulars Salaried Self Employed Professional
Age(Min-Max) 23 To 60 Years 23 To 70 Years 23 To 70 Years
Minimum Income Min. 3 Lakh Per Annum Min. 2.5 Lakh Per Annum Min. 2.5 Lakh Per Annum
Co-applicant NA NA NA
Loan Tenure Upto 20 Years Upto 20 Years Upto 20 Years
Maximum Loan Amount Max. 10 Crore Max. 25 Crore Max. 25 Crore
Employment/Business Continuity Min. 5 Years Min. 3 Years Min. 3 Years
CIBIL Score Min. 600 Min. 600 Min. 600
  • Photo Identity Proof: Passport, Pan Card, Voter Identity card, Driving License.
  • Address Proof: Bank Account Statement, Aadhaar Card, Electricity Bill, Telephone Bill.
  • Property Document: Copy of original sale deed, Allotment-possession letter, NOC from Society.
  • Income Proof: Latest ITR, Latest form 16, Latest salary slip/certificate, Bank details with last 6 months salary credited, Latest Audited Financials,
  • Business Proof -Qualification Certificate/Certificate of Practice(COP), Shop Act License/MOA & AOA/Sales TaxNat registration I Partnership Deed
Fee Amount to be Paid
Rate of Interest 9.50% To 11.80%
Loan Processing Charges Upto 1%
Cheque Bounce Charges NA
Cheque/ Instrument Swap charges NA
Prepayment/ Foreclosure Charges NA
Default Interest Rate NA
Duplicate Statement Issuance Charges NA
Duplicate Amortization Schedule Charges NA
Duplicate Interest Certificate NA
S(Provisional/ Actual) issuance Charges NA

Feature of IDFC First Bank

A loan against property or a mortgage loan from IDFC FIRST Bank is a convenient way to fund your business or meet your personal needs. You can be self-employed or a salaried person to secure a mortgage loan. IDFC FIRST Bank can help unlock the hidden value in your property to offer you a loan against property.

Advantage of IDFC First Bank

  • Loan for all Needs: With the IDFC FIRST Bank mortgage loan, you can borrow as little as Rs. 5 lakhs to as high as Rs. 10 crores. You may seek the loan either to capitalise and boost your business or for your personal purposes.
  • We consider your property’s market value: Our mortgage loans are designed to unlock the maximum value of your property. You can borrow up to 90% of your property’s market value.
  • Flexible Repayment Options: IDFC FIRST Bank enables you to repay your mortgage loan according to your cash flow and budget so that you are never under pressure of monthly instalments. You can borrow for tenures of as long as 20 years and modify your loan tenure to suit your financial situation. We also offer you flexible part prepayment facility to assist you in paying off your loan early.

Benefits of IDFC First Bank

  • Loan against property to SMEs: IDFC FIRST Bank provides loans against residential property and commercial property to Small and Medium Enterprises (SMEs).
  • Loans for property: IDFC FIRST Bank sanctions loans for the purchase of residential and commercial properties.
  • Loan against plots: We give loans against residential plots.
  • Lease Rental Discounting: You can use rental income to obtain a loan from IDFC FIRST Bank.

Advantage for Customer

  • Instant Approval
  • Maximum Loan Amount Upto 25Crore
  • Flexible Repayment Options
  • Loan Tenure upto 15 Years 
  • Doorstep Services
  • Attractive Rate of Interest
segmentation

Advantage with Loanmoney

Loanmoney is one of the leading Loan Agency inDelhi/NCR. We offers all types of Loans & Credit Cards like
Personal Loan,Credit cards, Home Loan, Business Loan and Loan Against Property .

Loan Money's main objective is to provide Best deal with Multiple option with Transparency & safety. We deal with over 35 Banks & NBFC`S. ,Our main focus is customer satisfaction that's why our customer rate us over 4.8 out of 5 on Google review rating, Its shows our level of commitment & services towards our customers.


  • Expert & Experience Loan Advisor
    We are a team of young and energetic professionals from diverse backgrounds like Ex Bankers, CAs to guide hassle free Loan process and to deliver on commitment.

  • Multi Bank Option
    Loanmoney deals with Over 35 Banks & NBFCs,As per customer profile & financial we will give you minimum 3 best deal for your Personal Loan which is available in the market.

  • Free Door step Service
    Loanmoney doesn't charge anything against the customer for the Service of your Loan and help you to get desire Loan amount with lowest Rate.

  • End to End services
    We are very vibrant and dynamic Loan agency who manage all the processes ourselves from lead sourcing to Loan Disbursal. We work for customer utmost satisfaction.

  • Transparency & Safety
    We will share every terms and conditions related with your Loan process like interest rates, payment tenure, EMI and any other charge applied during Loan process & at before loan disbursement on recorded lines.

  • Referral Program
    Loanmoney offer an attractive scheme for earn extra bucks after getting loan. Any Disburse customer can become our associates &can start earning on referring New customers to Loan Money.

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