Online Banks Guide
Bank of America Chase Bank HSBC Bank Citibank Wells Fargo Bank
 Home » IDBI Bank » Home Loan

IDBI Bank Home Loan

IDBI Bank Home Loan is one of the best available loan options that you can obtain to finance the home of your dream. It is the ultimate dream of every individual to own a home where he can return at the end of the day. It is the place where one shares the most precious times of his life with his family members. Unfortunately, a large number of low income families are not in a financial condition to buy a home of their own. To such families, IDBI Bank offer assistance with its home loan programs to purchase their dream homes. The bank provides some of the best available home loan interest rates in the Indian loan market.

IDBI Bank present's ultra flexible home loan that one can obtain to construct a home, purchase a ready built home/flat, residential plot or refinance an existing home loan which was taken from some other housing finance companies. IDBI's Ultra Flexible home loan programs bring a number of advantages that include;
  • Easy documentation
  • Maximum funding
  • Competitive rate of interest
  • Balance transfer facility
  • Flexibility to choose floating or fixed rate term
  • Personalized doorstep service
  • EMI on daily reducing balance basis
  • Reassessment of loan eligibility of applicants for change in income
  • Legal as well as technical assistance, etc.

IDBI Bank home loans are offered in selected cities of India and they includes New Delhi, Bangalore, Ahmedabad, Kolkata, Chandigarh, Ranchi, Jaipur, Aurangabad, Chennai, Hyderabad, Bhopal, Jamshedpur, Jodhpur, Indore, Bhubaneshwar, Vijayawada, Lucknow, Mumbai, Guwahati, Ludhiana, Madurai, Kochi, Pune, Thane, Coimbatore, Nashik, Udaipur, and Nagpur.

IDBI Bank Home Loan Eligibility

Coming to the eligibility conditions set by the bank, salaried individuals or self-employed professionals and businessmen who earn a regular monthly income are eligible to avail the home loans. A maximum home loan amount of 90% of the total property value can be obtained depending on the income status and the credit rating of the borrowers. A borrower can choose a repayment period of up to 20 years if he is an Indian citizen. On the other hand, NRI's can get up to a repayment period of 10 years as per their ability.

IDBI Bank Home Loan Calculator

For first time home buyers, IDBI Bank offers EMI calculator that can help them to get a better understanding of the monthly EMI of several loan options. By providing details such as the cost of property, repayment period, interest rates and eligible loan amount, users will be able to calculate the EMI of the loan term. This tool will help the borrowers in finding the best suitable home loan programs. For further details on home loan application process, loan statement and prepayment, contact the IDBI Bank home loan customer care centers in your area.
IDBI Bank offers home loan at affordable interest rates for low as well as moderate income families. Check the loan eligibility conditions before applying for the loan programs.



 Customer Care
 Net Banking