IDFC FIRST Bank Loan EMI Calculator

Calculate your monthly EMI and compare live Home, Car & Personal Loan rates across 18 lenders.

Loan Type

Select Lender Preset

Home Loan AmountTotal principal loan amount borrowed

₹

₹50,000₹2 Cr

Interest Rate (p.a.)Auto-filled by lender selection or drag for custom rate

6 %24 %

Loan Tenure (Years)Repayment duration in years

1 Yr30 Yr

Principal AmountTotal Interest

Monthly EMI (7.75% p.a.)240 Months

₹24,628 / mo

Principal Loan Amount₹30,00,000

Total Interest Payable₹29,10,830

Total Repayment₹59,10,830

Total Repayment in Today's Money₹18,43,025

Inflation reduces real debt value over 20 yrs

🏆 Lowest EMI Home Loan Lender

Punjab National Bank (7.50% p.a.)

EMI: ₹24,168/mo (Saves ₹1,10,559 interest)

Compare Home Loan Lenders for ₹30,00,000 (20 Years)

Sorted from lowest monthly EMI & lowest total interest (#1) to highest.

12h Auto-Synced Rates

Rank	Lender Name	Category	Rate (p.a.)	Monthly EMI	Total Interest	Total Payable
#1	Punjab National Bank★ Lowest EMI	Public Sector	7.50%	₹24,168/mo	₹28,00,271	₹58,00,271
#2	State Bank of India★ Lowest EMI	Public Sector	7.50%	₹24,168/mo	₹28,00,271	₹58,00,271
#3	Tata Capital★ Lowest EMI	NBFC & Housing	7.50%	₹24,168/mo	₹28,00,271	₹58,00,271
#4	Kotak Mahindra Bank	Private Sector	7.60%	₹24,352/mo	₹28,44,376	₹58,44,376
#5	IDFC FIRST Bank	Private Sector	7.75%	₹24,628/mo	₹29,10,830	₹59,10,830
#6	Axis Bank	Private Sector	8.00%	₹25,093/mo	₹30,22,368	₹60,22,368
#7	Bank of India	Public Sector	8.30%	₹25,656/mo	₹31,57,488	₹61,57,488
#8	Union Bank of India	Public Sector	8.35%	₹25,751/mo	₹31,80,141	₹61,80,141
#9	Bank of Baroda	Public Sector	8.40%	₹25,845/mo	₹32,02,832	₹62,02,832
#10	Canara Bank	Public Sector	8.50%	₹26,035/mo	₹32,48,327	₹62,48,327
#11	LIC Housing Finance	NBFC & Housing	8.50%	₹26,035/mo	₹32,48,327	₹62,48,327
#12	Bajaj Housing / Finserv	NBFC & Housing	8.50%	₹26,035/mo	₹32,48,327	₹62,48,327
#13	PNB Housing Finance	NBFC & Housing	8.50%	₹26,035/mo	₹32,48,327	₹62,48,327
#14	Yes Bank	Private Sector	8.65%	₹26,320/mo	₹33,16,850	₹63,16,850
#15	HDFC Bank	Private Sector	8.70%	₹26,416/mo	₹33,39,765	₹63,39,765
#16	ICICI Bank	Private Sector	8.75%	₹26,511/mo	₹33,62,717	₹63,62,717
#17	Federal Bank	Private Sector	8.80%	₹26,607/mo	₹33,85,706	₹63,85,706
#18	IndusInd Bank	Private Sector	8.90%	₹26,799/mo	₹34,31,794	₹64,31,794

Borrower Tip: Starting rates shown above apply to applicants with a 750+ credit score.

Explore Lender-Wise Loan EMI Calculators

Selected: IDFC FIRST Bank (Home: 7.75% • Car: 9.50% • Personal: 9.99% • Processing Fee: Up to 1.00%)

Bank of India 8.30% p.a. Union Bank of India 8.35% p.a. Bank of Baroda 8.40% p.a. Punjab National Bank 7.50% p.a. Canara Bank 8.50% p.a. State Bank of India 7.50% p.a. LIC Housing Finance 8.50% p.a. Bajaj Housing / Finserv 8.50% p.a. PNB Housing Finance 8.50% p.a. HDFC Bank 8.70% p.a. Kotak Mahindra Bank 7.60% p.a. ICICI Bank 8.75% p.a. Axis Bank 8.00% p.a. Tata Capital 7.50% p.a. Federal Bank 8.80% p.a. IDFC FIRST Bank 7.75% p.a. IndusInd Bank 8.90% p.a. Yes Bank 8.65% p.a.

How IDFC FIRST Bank Loan EMI Is Calculated

IDFC FIRST Bank computes your Equated Monthly Installment (EMI) on a monthly reducing principal balance:

EMI = [P × r × (1 + r)^n] / [(1 + r)^n - 1] | r = Annual Rate / 1200, n = Months

Frequently Asked Questions

What are the latest IDFC FIRST Bank loan interest rates?

IDFC FIRST Bank (Private Sector) currently starts at Home: 7.75% • Car: 9.50% • Personal: 9.99%, with typical processing fees of Up to 1.00% for eligible borrowers with a 750+ CIBIL score.

How is IDFC FIRST monthly loan EMI calculated?

IDFC FIRST Bank calculates Equated Monthly Installments (EMI) on a monthly reducing-balance formula based on loan principal, interest rate, and tenure in months.

Does IDFC FIRST offer the lowest EMI for my loan?

Check the live lender ranking table above on this page—it automatically sorts all 18 PSU Banks, Private Banks, and NBFCs from lowest EMI (#1) to highest for your exact loan amount and tenure.