Home loans : IDBI Housing Finance

A New generation home finance company which combines the best attributes of the various providers of home finance. They have a unique offer for safe custody of documents, provided free of cost to their customers. Minimum age eligibility is 21 years either for employed or self employed individuals. You can get a loan from Rs 10,000 up to a maximum of Rs 1 crore.

IDBI Home Finance Home Loan
With IDBI home loan you can fulfill your dream of owing a home.IDBI helps to convert your long cherished dream to get a place where you can relax & enjoy your life with your loved one.

IDBI offers you home loan for following purposes
1. Individual Home Loan : A loan that is provided to individuals for buying a new home or construct dwelling unit. for NRIs the maximum tenure is 10 years subject to maximum age of 60 years at maturity.
2. Home Improvement Loan : A loan through which you can repair or renovate your existing home.
3. Home Extension Loan : For extension of your existing home you can take a Home Extension Loan.
4. Home Loan for NRI’s : For Non-resident of India can take this loan.
5. Plot Loan : Loan for purchase of plot of loan for constructing in a residentially approved area.

Documentation and eligibility required for IDBI Home Loan
Salaried Self employed
Age 1years to 60years 1years to 65years
Income 1,44,000(p.a) 1,50,000(p.a)
Loan Amount 2,00,000 - 1,00,00000 2,00,000 - 2,00,00000
Tenure 5 years to 20 years   5 years to 20 years 
Documentation
1) Application form with photograph

2) Identity & residence proof

3) Latest salary slip

4) Form 16

5) Last 6 months bank statements

6) Processing fee cheque
1) Application form with photograph

2) Identity & residence proof

3) Education qualifications certificate & proof of business existence

4) Business profile, Last 3 years profit/loss & balance sheet,

5) Last 6 months bank statements

6) Processing fee cheque


Address : IDBI Homefinance Ltd.
3rd Floor, Kanchenjunga Bldg.
18 Barakhamba Road,
New Delhi-110001

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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