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IDBI BANK HOME LOAN

Your Choice of Home Loan with IDBI Bank

IDBI Bank offers a comprehensive range of home loans featuring competitive interest rates, flexible tenures, and tailored features to meet diverse customer needs. Whether buying your first home or upgrading, IDBI Bank simplifies the process to turn your dream of homeownership into reality.

IDBI Bank
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 Our home loan solutions stand out due to the following attributes:

  • Industry expertise and in-depth knowledge.
  • Superior quality of service.
  • Transparent processes.
  • Quick and efficient loan processing.
  • Customisable features designed to suit your specific requirements.
IDBI Home Loan

KEY FEATURES

  • Loan Takeover Facility: Transfer your existing home loan from other banks or financial institutions with a repayment track record of at least 6 months.
  • Top-Up Loans: Access additional funds up to 100% of your original loan.
  • Maximum Loan Tenure:
    • Salaried Applicants: Up to 30 years.
    • Self-Employed Professionals: Up to 20 years.
    • Self-Employed Non-Professionals: Up to 20 years.
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ADVANTAGES

  • Pre-Approval: Get loan approval even before finalising a property.
  • Extensive Range of Loan Products: Choose from home loans, interest-saving options, top-up loans, home improvement loans, and more.
  • Customized Solutions: Tailored features for salaried individuals (including NRIs) and self-employed professionals.
  • Pre-Approved Projects: Access projects already approved by IDBI Bank for added convenience.
  • Flexible Repayment Options:
    • Step-Up and Step-Down Repayment Facilities.
    • Tranche-based EMI for under-construction properties.
  • Nationwide Presence: Over 1,800 branches and 75 dedicated loan processing centres.
  • Streamlined Processing: Experienced personnel ensure smooth loan disbursal.

ELIGIBILITY CRITERIA

Salaried Individuals (Including NRIs/PIOs)

  • Minimum Age: 22 years.
  • Maximum Age: 70 years or retirement age (whichever is earlier), subject to income continuity proof.

Self-Employed Professionals & Non-Professionals

  • Minimum Age: 25 years.
  • Maximum Age: 65 years or retirement age (whichever is earlier), subject to income continuity proof.

REPAYMENT OPTIONS

  • Step-Up Repayment Facility: Ideal for young professionals with expected income growth. Borrow a larger amount today and repay based on anticipated income increments.
  • Step-Down Repayment Facility: Designed for individuals with decreasing income over time. Initial EMIs are higher, reducing later in the tenure.
  • Tranche-Based EMI: Start paying EMIs during the construction phase to save on interest costs.

PLAIN VANILLA HOME LOAN

Category

Rate of Interest

Salaried/Self-Employed Professional

8.50% – 10.85%

Self-Employed Non-Professional

8.60% – 12.35%

Home Loan Ultra Saver

8.90% – 12.75%



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HOME LOAN TOP-UP

Loan Type

Purpose

Rate of Interest

Home Loan Top-Up

Housing Purpose

Home Loan ROI + 20 BPS

 

Suvidha Top-Up (Non-Housing Purpose)

Home Loan ROI + 75 BPS

Plot Loan for House Construction

–

9.90% – 10.50%



RURAL/SEMI-URBAN HOUSING

Loan Type

Category

Rate of Interest

Rural/Semi-Urban Housing Loan

Loan Amount Up to ₹35 Lakh

–

 

Salaried/Self-Employed Professional

8.50% – 10.80%

 

Self-Employed Non-Professional

8.80% – 10.90%

LOAN AGAINST PROPERTY (LAP)

Loan Type

Category

Rate of Interest

Loan Against Property (LAP)

Residential Property

9.60% – 11.55%

 

Commercial Property

10.10% – 11.80%

Loan for Commercial Property Purchase (LCPP)

–

10.10% – 11.95%



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Frequently Asked Questions

What types of home loans does IDBI Bank offer?

IDBI Bank offers plain home loans, interest saver loans, home improvement loans, top-up loans, loan takeover options, loans for NRIs/PIOs, plot loans, and loans against property or commercial property.

Can I apply for a home loan before finalizing a property?

Yes, IDBI Bank provides in-principle loan approvals, enabling you to secure financing even before selecting a property.

What repayment options are available for IDBI Bank home loans?

Repayment options include Step-Up and Step-Down facilities for flexible EMIs and Tranche-Based EMI for under-construction properties.

What is the maximum loan tenure offered?

Salaried applicants can get tenures up to 30 years, while self-employed professionals and non-professionals can opt for up to 20 years.

What documents are required to apply for an IDBI Bank Home Loan?

Documents include identity proof, income proof (salary slips/ITR), and property-related papers like the sale agreement. Additional documents may be required based on the profile.

Home Loan

Home Loan Balance Transfer

Loan Against Property

Personal loan

Office Address

AAP KA BAZAR, GURUGRAM, GURUGRAM, HR-122001

Additional Information

Customer Care Working Hours:

Monday through Saturday,
10:00 A.M. to 6:30 P.M.

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