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ICICI Bank vs IDFC FIRST Bank Home Loan
IDFC FIRST Bank advertises the lower starting rate (7.75% vs 8.5%). On ₹50 lakh over 20 years that is about ₹5,62,496 less interest, or ₹2,344 less per month, at the starting rates.
| ICICI Bank | IDFC FIRST | |
|---|---|---|
| Starting interest rate | 8.5% | 7.75% |
| EMI for ₹50 lakh, 20 years | ₹43,391 | ₹41,047 |
| Total interest | ₹54,13,879 | ₹48,51,383 |
| Processing fee | Up to 2% of the loan amount, plus applicable taxes | Not stated |
| Prepayment | No prepayment charges on floating-rate home loans | Not stated |
| Maximum tenure | 30 years | - |
Source: ICICI Bank official page, checked on November 2026 (2026-11-01).
Source: IDFC FIRST Bank official page, checked on November 2026 (2026-11-01).
These figures use the bank's advertised starting rate. Most borrowers are offered a higher rate depending on credit score, income and loan size, so treat the result as a best case.
Frequently asked questions
Which is cheaper, ICICI Bank or IDFC FIRST home loan?
IDFC FIRST Bank advertises the lower starting rate (7.75% vs 8.5%). On ₹50 lakh over 20 years that is about ₹5,62,496 less interest, or ₹2,344 less per month, at the starting rates. Your actual rate may differ from the starting rate.