Current IDBI Bank Home Loan interest rates as of July 2021 start from 6.95% p.a. The bank offers home loans for a maximum tenure of 30 years. The processing fee on IDBI housing loans is a maximum of 0.50% and a minimum of Rs. 2,500. These features make IDBI one of the most popular and preferred lenders for home loans in India. 

IDBI Bank offers home loans of up to Rs. 10 crores. The processing fee on a home loan is waived off for inward balance transfers and PMAY. The bank offers home loans through the affordable PMAY scheme. The bank currently has zero foreclosure charges for home loans taken at a floating rate of interest. To allow easy repayment options, IDBI offers different types of home loans that suit different borrowers needs.

IDBI Home Loan Details

The maximum home loan tenure allowed by IDBI bank is 30 years for salaried employees. In the case of self-employed individuals and self-employed non-professionals, the maximum loan tenure is 20 years. Here are some of the additional details of IDBI home loans.



Loan Amount

Up to 90% of the market value/property cost

Processing Fees

Rs.2,500 – Rs.5,000

Penal Interest Rate

2% p.a.

Prepayment/Foreclosure Charges

Nil for individuals

Max Tenure

30 Years

Rate Packages Available


What are the benefits of knowing your home loan EMI in advance?

It is important to calculate your home loan EMIs before taking a home loan. This can be done by using an online Home Loan EMI Calculator. All you have to do is enter a few basic parameters like loan amount being sought, applicable interest rate, loan tenure and the processing fee if any. The calculator will take all the values entered and calculate the monthly instalments that one has to pay against the home loan. This allows better financial planning for a loan borrower.