IDBI Bank Home Loan
PSU BankIDBI Bank, backed by LIC, offers home loan rates starting at 7.35% with a processing fee cap of ₹10,000. It is a solid mid-tier PSU option for borrowers who do not qualify for the lowest SBI or Canara rates.
Rates as of 2026-04-16. RBI repo rate 5.25%. Best available new-customer rate across all tracked lenders: 7.15%.
Already have a IDBI Bank home loan?
If your current IDBI Bank rate is above 7.35%, you are paying more than what IDBI Bank is offering new customers today. The gap could be anywhere from 50 to 260 basis points depending on when you took the loan and which benchmark it is on.
Products offered
- IDBI Home Loan
- IDBI Balance Transfer
- IDBI Top-Up Loan
Best for: Mid-tier salaried borrowers looking for PSU bank rates slightly below HDFC and ICICI levels.
Strengths and weaknesses
Rate reset at IDBI Bank
IDBI Bank processes rate resets through the home loan branch. Turnaround is typically 10 to 14 working days.
Get the rate reset letter templateBalance transfer friction
Leaving IDBI Bank for a balance transfer is straightforward. Foreclosure letters are issued within a reasonable timeline and no foreclosure fee applies on floating-rate loans (RBI 2012 circular).
Read the foreclosure charges guideIDBI Bank home loan at a glance
| Lender type | PSU Bank |
| Headquarters | Mumbai |
| Regulator | RBI |
| Floating rate range | 7.35% to 9.75% (EBLR-linked) |
| Processing fee | 0.50% of loan (max ₹10,000) |
| Max tenure | 30 years |
| Max loan amount | No upper limit |
| Prepayment charge | Nil on floating rate |
| Balance transfer friction | low |
| Official website | www.idbibank.in |
Data as of 2026-04-16. Rates are for salaried borrowers with CIBIL 750+. Verify with IDBI Bank for profile-specific quotes.
See your exact savings on your IDBI Bank loan.
Three fields. 60 seconds. No calls from banks.
Run a free rate audit