Welcome to IDBI Bank Home Loan Bangalore

IDBI Bank Home loan solutions provide home loan to its customers in a customized manner. IDBI‘s team has expert and in- depth knowledge of the home loan industry. It provides quick, transparent and quality services to its clients.

Features and Benefits of IDBI Bank Home Loan Bangalore

• Attractive interest rates
  • Home Loan Floating rate of interest: 10.25%
  • Home Loan Interest Saver (Floating): 10.40%
  • Home Loan (Fixed) for 3 years to 10 years: 10.75% for below Rs.30 lakhs and 11.00% for above Rs.30 lakhs
• IDBI Bank home loan is available from Rs. 5 lakhs to Rs.10 crore. It offers:
  • 90% of the market value or the cost of the property whichever is lowest for loan amount up to Rs.20 lakhs
  • Up to 80% of the market value or cost of the property whichever is lower for loan amount above Rs.20 lakhs and up to Rs.75 lakhs
  • Up to 75% of the market value or cost of the property whichever is lower for a loan amount above Rs. 75 lakhs
• No prepayment charges for floating rate of interest. For fixed rate of interest the prepayment charges are between 2% to 3%.
• IDBI Bank provides in- principal loan approval before the property has been selected by the loan seeker
• There is a wide range of Home loan products offered by IDBI. It includes Home Loan Interest Saver, Home Loan Top up, Home Loan –take over facility, Home Improvement Loan, Home Extension loan, Home Loan -Booking Finance, Loan on second Charge and Home Loan-Refinance facility
• It provides loan from any branch to purchase home anywhere in India
• IDBI offer longer loan tenure
  • For salaried: up to 30 years
  • For self employed professional: up to 20 years
  • For self employed non professional: up to 20 years

Advantages of applying for IDBI Bank home loan via Home Loan Banalore

Home Loan Bangalore has joined hands with IDBI Bank to provide best deals in home loan to its customers.

• The Home Loan Bangalore.com users can get the details of the features and of home loan provided by IDBI Bank. Also they can compare the interest rates and other charges offered by IDBI Bank and other major banks on our website.
• The team of experts at Home Loan Bangalore.com has in depth knowledge of the home loan schemes offered by IDBI Bank. The team offers advisory to the loan seekers so that they can choose from various schemes available.
• At Home Loan Bangalore.com we take of the documentation process of our customers, so the most tedious part of loan application is taken care of by our team.

Eligibility for IDBI home loan bangalore

Salaried individuals: The age limit is from 22 years to 70 years.

Self employed professionals: The age limit is from 25 years and 70 years.

Self employed Non Professional: The age limit from 25 years 65 years.

Documents required to process IDBI home loan bangalore - Salaried

• Application form duly filled with attested photograph
• Identity proof and residence proof
• Latest Salary-slip for last 3 months
• Form 16/ITR

Documents required to process IDBI home loan bangalore - Self Employed

• Application form duly filled with attested photograph
• Identity proof and residence proof
• Education Qualification Certificate and proof of business existence
• Last 3 years Income Tax returns
• Last 3 years Profit/Loss and Balance sheet
• Last 6 months Bank statements
• Proof of business existence
• Business profile
• Last 3 years Income Tax returns
• Last 3 years Profit/Loss account and Balance sheet
• Last 6 months Bank Statements