Indiabulls home loan eligibility is based on criteria that makes the home loans accessible to a wide range of individuals. The maximum repayment tenure is 30 years or up to 65 years of age of the applicant, whichever is earlier. The home loans have attractive interest rates and minimal documentation with different schemes that meet individual requirements.
The home loan eligibility criteria for Indiabulls are as given below:
| Age | 21 years at the start of the loan and 65 years when loan period is completed |
| Employment Type | Salaried individuals Self-employed professional Self-employed non-professional |
Indiabulls’s home loan eligibility depends on the age of the applicant and salary or income. The home loan eligibility calculator given below shows you the loan amount based on the monthly income for a repayment tenure of 30 years with an interest rate of 8.99% p.a.
| Monthly Income | Loan Amount |
| Rs. 25,000 | Rs.12,43,931 |
| Rs. 30,000 | Rs.16,79,307 |
| Rs. 35,000 | Rs.19,59,191 |
| Rs. 45,000 | Rs.25,18,960 |
| Rs. 50,000 | Rs.27,98,844 |
| Rs. 55,000 | Rs.34,20,810 |
| Rs. 60,000 | Rs.37,31,793 |
| Rs. 65,000 | Rs.40,42,775 |
| Rs. 70,000 | Rs.43,53,758 |
| Rs. 75,000 | Rs.46,64,741 |
Indiabulls home loan repayment tenure goes up to 30 years. When you take a loan at a younger age, you get a longer repayment tenure to pay off the loan and vice versa. Here is the maximum eligible tenure for different ages:
| Applicant’s Age | Maximum Eligible Tenure |
| 21 years to 30 years | 30 years |
| 31 years | 29 years |
| 32 years | 28 years |
| 33 years | 27 years |
| 34 years | 26 years |
| 35 years | 25 years |
| 36 years | 24 years |
| 37 years | 23 years |
| 38 years | 22 years |
| 39 years | 21 years |
| 40 years | 20 years |
| 41 years | 19 years |
| 42 years | 18 years |
| 43 years | 17 years |
| 44 years | 16 years |
| 45 years | 15 years |
Note: The eligibility criteria for women are the same as for other applicants.
An applicant’s spouse or any immediate family members are eligible to be a co-applicant for Indiabulls’ home loans. The co-owner is also mandated to be a co-applicant for the home loan.
Indiabulls home loan eligibility is determined by the factors given below:
You can check how much home loan you are eligible for by using the free home loan eligibility calculator by entering the required information such as your net monthly income, preferred home loan repayment tenure, and the current interest rate.
Yes, you can apply for an Indiabulls home loan even before you finalise a property.
Indiabulls decides your home loan eligibility based on your age, income or salary, as well as your repayment capacity.
You can increase your eligibility for a Indiabulls home loan by adding a co-applicant. The co- applicant will help your chances of getting a higher loan amount if they have a regular source of income or a stable salary.
Yes, Non-Resident Indians (NRIs) are eligible for Indiabulls home loans. The loan tenure for NRIs is 15 years.
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