IIFL Home Loan Interest Rate 2026
Affordable Housing for All
Interest Rate
8.50% onwards
Max Tenure
30 Years
Processing Fee
0.25% + GST
Product Deep-Dive
IIFL Home Finance Ltd. is a leading housing finance company in India, focusing on the affordable housing segment. They offer a range of home loan products specifically designed for first-time homebuyers and those in the informal income segment.
Why Apply via Easiloan?
Key Highlights
- Quick application processing
- Focus on affordable housing
- PMAY subsidy assistance
- Minimal documentation for informal segment
Documents Required
Check EMI and eligibility before you choose a bank
Comparing IIFL Home Loan with other lenders is easier when you first estimate how much you can borrow and what monthly EMI fits your budget. Use these calculators to plan affordability before you apply.
Eligibility
Check your borrowing capacity
Estimate loan amount based on income, existing EMIs, and tenure assumptions before you shortlist lenders.
EMI Planning
Calculate your IIFL Home Finance home loan EMI
Pre-filled at 8.50% onwards — model EMI, total interest, and repayment schedule before you apply.
Quick Eligibility
Min Age
21 - 65 years
Employment
Salaried, Self-Employed
Min Monthly Income
₹15,000 per month
Processing Fee
0.25% + GST
*Calculated on loan amount
IIFL Home Loan FAQs
Does IIFL focus on affordable housing?
Yes, IIFL Home Finance is a specialist in the affordable housing segment.
How to Apply for IIFL Home Finance Home Loan
In 4 Digital Steps
Digital Eligibility Check
Check your loan eligibility across 20+ banks instantly using our AI-driven calculator.
Expert Offer Comparison
Compare customized interest rates and processing fees to find the perfect lender.
Digital Paperwork
Upload document scans via our secure portal for parallel processing with multiple banks.
Instant Sanction
Get your in-principle sanction letter faster through our prioritized bank partner channels.
Comparison Matrix: Top Home Loans in India
| Lender | Interest Rate | Processing Fee | Max Tenure |
|---|---|---|---|
| SBI Home Loan | 7.25% onwards | ₹5,000 + GST | 30 Years |
| HDFC Home Loan | 7.75% onwards | ₹5,000 + GST | 30 Years |
| ICICI Home Loan | 7.50% onwards | ₹5,000 + GST | 30 Years |
| LIC Housing Finance | 7.60% onwards | ₹10,000 + GST (indicative; confirm on sanction) | 30 Years |
| IIFL Home Loan | 8.50% onwards | 0.25% + GST | 30 Years |
| Bajaj Finserv Home Loan | 8.60% onwards | Up to 0.50% + GST | 30 Years |
| PNB Housing Home Loan | 8.50% onwards | Up to 1.00% + GST | 30 Years |
| Central Bank Home Loan | 8.55% onwards | 0.50% + GST | 30 Years |
*Interest rates are subject to change based on borrower profile and bank policy. Last updated: August 2026.
Easiloan is a loan advisory platform, not a direct lender. Rates shown are indicative, sourced from partner banks, and subject to change based on your eligibility and the lender's final assessment.
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