🇮🇳 India

IIFL Home Loans Last updated2026-05-28

IIFL Home Loans EMI Calculator 2026 rates.

⚡

Quick answer

IIFL Home Loans home loan rate starts at 9.5% (typical 10.5%) as of 2026. A ₹50 lakh loan at 10.5% over 20 years = an EMI of approximately ₹49,919/month.

🇮🇳

EMI Calculator

Live

Loan Amount

₹

₹25.00 L

Interest Rate (p.a.)

Tenure (years)

Monthly EMI

₹21,696

/month

Total Interest

₹27.07 L

52% of total

Total Payable

₹52.07 L

over 20 years

Principal vs Interest Split

48% principal

52% interest

✨ Live · For home, personal, auto, education loans · Excludes processing fees

📊 Current rates

IIFL Home Loans loan rates (May 2026)

🏠 Home Loan

9.5–14.5%

typical: 10.5% p.a.

💵 Personal Loan

12–18%

typical: 13.5% p.a.

🚗 Car Loan

9.5–13%

typical: 10.5% p.a.

💳 Processing Fee

0.5-1.5% of loan amount (min ₹5,000) for home loans. Affordable Swaraj loans and LAP can attract 1.5-2.5%.

🔁 Prepayment

Zero foreclosure on floating-rate individual home loans (RBI mandated). 2-4% on fixed-rate and corporate loans.

About IIFL Home Loans

Why choose IIFL Home Loans?

IIFL Home Finance, a subsidiary of IIFL Finance Limited (part of the IIFL Group founded by Nirmal Jain), is one of India's leading mid-sized HFCs with an AUM of approximately ₹35,000 crore as of FY26. The company operates through 380+ branches and serves a hybrid mix of mass-affluent home loans (₹25 lakh-₹2 crore tickets) in metros and Tier-1 cities, plus an affordable-housing vertical called Swaraj that targets self-employed informal-sector borrowers with ticket sizes of ₹8-15 lakh. IIFL Home Finance is held majority by IIFL Finance with strategic investment from Abu Dhabi Investment Authority (ADIA), and carries AA ratings.

🎯 Unique angle

IIFL Home Finance operates a unique two-vertical model — a mainstream mass-affluent home-loan book competing with banks on prime borrowers, plus the Swaraj affordable-housing vertical for informal-sector self-employed borrowers — giving it scale economies that pure affordable HFCs lack.

Product highlights

✓ IIFL Home Loan (Salaried/Self-Employed Mass-Affluent)
✓ IIFL Swaraj Affordable Home Loan
✓ Loan Against Property (LAP)
✓ Home Loan Balance Transfer with Top-Up
✓ Plot Loan + Construction Loan

❓ IIFL Home Loans FAQ

Common questions.

How is IIFL Home Finance different from a commercial bank?

IIFL Home Finance is a dedicated HFC regulated by RBI/NHB. It competes with banks on mass-affluent home loans (₹25 lakh-₹2 crore) but also serves affordable-housing borrowers via its Swaraj vertical (₹8-15 lakh tickets) — a segment banks cannot economically underwrite. Sanction TAT is typically faster than banks, and informal-income underwriting is more flexible. Rates are 50-100 bps above SBI/HDFC Bank on prime profiles.

Who is the ideal IIFL Home Finance borrower?

Two distinct profiles: (a) mass-affluent salaried and self-employed borrowers in metros and Tier-1 cities seeking ₹25 lakh-₹2 crore home loans with faster sanction than banks, and (b) Swaraj vertical — self-employed informal-sector borrowers in Tier-2/Tier-3 towns seeking ₹5-20 lakh affordable home loans.

Is IIFL Home Finance safe and well-rated?

Yes — IIFL Home Finance carries AA ratings from CRISIL, ICRA, and CARE. It is majority-owned by IIFL Finance Limited (BSE/NSE listed) with a significant strategic stake held by Abu Dhabi Investment Authority (ADIA) — one of the world's largest sovereign wealth funds. The HFC is regulated by RBI/NHB, maintains GNPA below 2%, and has consistently raised debt via NCDs, NHB refinance, and bank lines.

🏦 Other banks