MyLoanCare is a FREE of cost service for borrowers

Get Cashback of Upto ₹1,000* on Home Loan Apply Online

MyLoanCare Customer Ratings - 4.5/5.0

Compare IIFL vs Dhan Laxmi Bank Home Loan

Download Comparison
Interest Rate
Interest Rate
8.20% - 8.20%
7.85% - 9.00%
Processing Fees
Processing Fees
Upto 1.25%
Upto 1.00%
Min ₹ 10,000;
Maximum Loan Amount
Maximum Loan Amount
₹ 5 Cr
₹ 2.50 Cr
Maximum Tenure
Maximum Tenure
30 Years
20 Years
Lowest EMI Per Lakh
Lowest EMI Per Lakh
₹ 748
₹ 827
Benchmark Rate (Check Rates)
Benchmark Rate (Check Rates)
Minimum Age
Minimum Age
18 Years
21 Years
Maximum Age
Maximum Age
70 Years
65 Years
For Women
For Women
Overdraft Facility
Overdraft Facility
Customer Ratings (Read Reviews)
Customer Ratings (Read Reviews)
Add Bank

Compare Home Loan EMI of IIFL and Dhan Laxmi Bank

Loan Amount IIFL Dhan Laxmi Bank
₹ 10 Lakh ₹ 7,478 ₹ 8,271
₹ 25 Lakh ₹ 18,694 ₹ 20,678
₹ 30 Lakh ₹ 22,433 ₹ 24,814
₹ 50 Lakh ₹ 37,388 ₹ 41,356

Which is a better bank for Home Loan – Dhan Laxmi Bank or IIFL?

IIFL offers lower Home Loan EMI at ₹ 748 on a Home Loan for 30 Years as compared to Dhan Laxmi Bank with a minimum EMI of ₹ 827 for 20 Years. Average customer ratings for IIFL is currently at /5.0 which makes it a good choice for taking a Home Loan.

How does Dhan Laxmi Bank Home Loan compare with IIFL Home Loan?

It is important to do a detailed comparison of Dhan Laxmi Bank and IIFL on all loan terms and conditions to understand their differences and make an informed decision. Keep in mind that each bank’s scheme has its pros and cons that have to be evaluated before choosing the best offer. Some of the key results of the comparison between the two banks are:

  • Lowest Interest rate of Dhan Laxmi Bank Home Loan is 7.85%, which is lower than the lowest interest rate of IIFL at 8.20% and hence, Dhan Laxmi Bank is offering a cheaper loan option.
  • When compared on other Home Loan charges such as processing fees, Dhan Laxmi Bank charges a lower processing fees of 1.00% of the loan amount vs IIFL with a processing fees of 1.25% of loan amount.
  • Dhan Laxmi Bank is a with its Home Loan rates benchmarked to RLLR. IIFL is a with its home loan rates benchmarked to PLR.
  • with an average customer ratings of is equally comparable to with an average customer rating of , and hence, the customer can expect the same kind of service levels from these banks.

Which bank offers a lower interest rate on Home Loan – Dhan Laxmi Bank or IIFL?

As per the current rates, Dhan Laxmi Bank offers a lower interest rate of 7.85% on Home Loan when compared to IIFL which offers a Home Loan at 8.20%.

Popular Search for IIFL Home Loan

Popular Search for Dhan Laxmi Bank Home Loan

Compare IIFL Home Loan With Other Banks

Compare Dhan Laxmi Bank Home Loan With Other Banks

Notification ×
  • Home Loan

    Home Loan at all-time low rates starting at 6.50%. Cashback of up to ₹ 1,000

    Apply Now
  • Personal Loan

    Instant Personal Loan starting at 10.25% with Cashback of up to ₹ 1,000.

    Check Offers
  • Gold Loan

    Instant Gold Loan starting at 9.00% with Cashback of up to ₹ 500

    Apply Now
  • Loan Against Property

    Best Loan Against Property Offers starting @ 6.90%. Cashback of up to ₹ 1,000*.

    Apply Now
  • Business Loan

    Collateral Free Business Loan Rates starting at 14.00% with Overdraft facility.

    Apply Now
  • Fixed Deposit

    AAA rated FDs with returns as high as 7.05%.

    Invest Now
Home Loan News - Jan 2022
  • 2022-01-21 : Properties to Get Costlier in Gurgaon as New Circle Rates Come into Effect
    The circle rates have been hiked for Golf Course Road, Golf Course Extension Road, Sohna Road, and Dwarka Expressway projects. As a result, homebuyers will have to shell out more money to purchase property, particularly in some upscale areas.
  • 2022-01-21 : PNB Housing Finance Announces Net profit for Q3
    PNB Housing Finance Limited (PNBHFL) has reported a 19 per cent decline in net profit for the quarter ended December 31, 2021, at ₹188 crores compared to ₹232 crores recorded in the same quarter in the previous fiscal.
  • 2022-01-20 : PFC and REC Reduce Lending rates
    The State-run PFC and REC have reduced their lending rates across all types of loans by 40 basis points (bps). The move will help power utilities raise loans at cheaper rates. Also, the power sector non-banking financial companies (NBFC) have already been offering short term loans at a 6.25 per cent interest rate.
  • 2022-01-20 : Union Lenders Approves Reimbursement Amount of ₹974 cr for Pandemic Loan Moratorium.
    The Union Cabinet has approved a sanction of ₹973.74 crores for lenders to reimburse the loan moratorium. Earlier, on March 27, 2020, the Reserve Bank of India (RBI) had announced a loan moratorium on payment of instalments of term loans falling due between March 1 and May 31, 2020, due to the pandemic, which was extended to August 31.
  • 2022-01-19 : Bajaj Home Finance Revises Home Loan Interest Rates
    Bajaj Home Finance has decreased home loan rates, and as a result, you can avail of a home loan at the lowest rates starting at 6.65%.
*Terms and conditions apply. Credit at sole discretion of lender, which is subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and collected from public sources. Read More
Please wait while your information is being processed...