Helps you realise your long cherished dream of owning your home through hassle free and customer friendly home loans. The tenor of a home loan can be up to 25 years for a resident individual whereas for NRIs the maximum tenure is 15 years subject to maximum age of 60 years at maturity. Loan can be applied for a maximum of 90% of the property value subject to credit discretion
IDBI Bank Home Loan
Features:
• Tenor of a home loan can be up to 20 years for a resident individual whereas for NRIs the maximum tenure is 10 years subject to maximum age of 60 years at maturity.
• Loan can be applied for a maximum of 90% of the property value subject to credit discretion.
• Attractive home loan rates.
• Security for the loan is a first mortgage of the property to be financed, normally by way of deposit of the title deeds or such collateral security as may be necessary.
• Title to the property should be clear and free from encumbrance, i.e., without any pending legal litigation adversely affecting the ownership of the property.
• Other parameters considered include an account of your age, income, number of dependents, financial stability and co-applicant’s income.
Eligibility
Following are eligible to apply for an IDBI Home Loan:
• Salaried individuals
• Self employed professionals/businessmen
• NRIs
You can include your spouse/parents/children as co-applicant if you require higher eligibility subject to maximum of three applic
Current Home Loan Interest Rates of IDBI Home Loan
Disclaimer : Please note that the interest rates and eligibility criteria given here are based on the market research. To enable the comparisons certain set of data has been reorganized / restructured / tabulated .Users are advised to recheck the same with the individual companies / organizations. This site does not take any responsibility for any sudden / uninformed changes in interest rates.
IDBI Bank Home Loan
Features:
• Tenor of a home loan can be up to 20 years for a resident individual whereas for NRIs the maximum tenure is 10 years subject to maximum age of 60 years at maturity.
• Loan can be applied for a maximum of 90% of the property value subject to credit discretion.
• Attractive home loan rates.
• Security for the loan is a first mortgage of the property to be financed, normally by way of deposit of the title deeds or such collateral security as may be necessary.
• Title to the property should be clear and free from encumbrance, i.e., without any pending legal litigation adversely affecting the ownership of the property.
• Other parameters considered include an account of your age, income, number of dependents, financial stability and co-applicant’s income.
Eligibility
Following are eligible to apply for an IDBI Home Loan:
• Salaried individuals
• Self employed professionals/businessmen
• NRIs
You can include your spouse/parents/children as co-applicant if you require higher eligibility subject to maximum of three applic
Current Home Loan Interest Rates of IDBI Home Loan
| Loan Schemes | Up to 20 Lacs | Above 20 lacs to 30 Lacs | Above 30 lacs to 75 Lacs | Above 75 lacs to 1.5 Crore |
| IDBI Bank | 11% | 11.50%-11.75% | 11.75% | 12.25% |
Disclaimer : Please note that the interest rates and eligibility criteria given here are based on the market research. To enable the comparisons certain set of data has been reorganized / restructured / tabulated .Users are advised to recheck the same with the individual companies / organizations. This site does not take any responsibility for any sudden / uninformed changes in interest rates.
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