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  • Indiabulls Home Loan Interest Rate

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  • Looking for an affordable home loan? Indiabulls offers home loans at competitive interest with minimal documentation and flexible repayment options. Read more for the current interest rates and documentation required before you apply for home loan.
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    Headquartered in Gurgaon, Indiabulls is a public sector mortgage lender who have marked their presence in various sectors like real estate, securities, and housing finance. They offer a wide range of home loans with attractive features for salaried individuals, self-employed people, NRIs, builders, and general public.

    Below mentioned are Indiabulls Home Loan Interest Rates offered By BankBazaar

    Rates and Charges Specification
    Interest Rate (Floating)

    General Borrowers - 8.75% - 11.0%

    Women Borrowers - 8.70% - 10.95%

    Interest Rate (Fixed) 9.25% - 11.20%
    Processing Fees Up to 0.5% of the loan amount
    Loan Tenure 1 year to 30 Years
    Partial pre-payment Charges Nil
    Pre-closure Charges Nil
    Guarantor Requirement No Guarantor Required

    Those who avail a home loan from Indiabulls can choose a loan tenure period from 1 year to 30 years. One of the best features of Indiabulls home loans is that the lender do not charge you a partial prepayment fee or pre-closure fee. Also, no guarantor is required to avail a home loan from Indiabulls.

    Types of Home Loans offered By Indiabulls

    • General home loans
    • Home loans for Dubai based NRIs
    • Home loans for UK based NRIs
    • Home loans against property
    • Home loan balance transfers

    Indiabulls Home loan Interest Rate: Variable Rate

    Home loan amount Variable rates (%)
    Upto and including Rs. 75 lacs 8.80 % to 10.35%
    More than Rs. 75 Lacs and upto Rs. 300 lacs 9.00 % to 10.95%
    More than Rs. 300 Lacs 9.25 % to 11.00%

    The above table lists out the variable interest rate charged by Indiabulls on their home loans depending on the loan amount availed by the borrower. For home loan amount up to Rs.75 lakhs, the variable interest rate can range anywhere between 8.80 % to 10.35% p.a.

    For home loan amount more than Rs.75 lakhs to Rs.300 lakh, the interest rate ranges from 9.00 % to 10.95% p.a. For loan amount more than Rs.300 lakh, the interest rate ranges from 9.25 % to 11.00% p.a.

    Indiabulls home loans for Dubai based and UK based NRIs

    Maximum Loan Amount
    • For loan amount up to Rs.30 lakh, Indiabulls offers 85% of the cost of the property which includes the land cost.
    • For home loan amount above Rs.30 lakh and up to Rs.75 lakh, the maximum loan amount can be up to 80% of the cost of the property.
    • For loan amount above Rs.75 lakh, the maximum loan amount that can be availed is up to 75% of the cost of the property.
    Maximum Term of the Loan 30 years(please note that is is subject to your retirement age)
    Interest Rate Adjustable interest rate. Please note that loans under this type of interest rate is linked to the benchmark rates set by the Indiabulls Housing Finance Limited.

    Indiabulls home loans for Dubai Based NRIs is specially designed to cater to the needs of non-residential Indians and Persons of Indian Origin. The Indiabulls Dubai office offers attractive home loans to NRIs and PIOs. The maximum loan amount Dubai based NRIs can opt for loan amount up to Rs.30 lakh is 85% of the cost of the property which includes the land cost. For home loan amount above Rs.30 lakh and up to Rs.75 lakh, the maximum loan amount can be up to 80% of the cost of the property and for loan amount above Rs.75 lakh, the maximum loan amount that can be availed is up to 75% of the cost of the property.

    Indiabulls home loans for Dubai Based NRIs comes with a maximum loan tenure of 30 years. Indiabulls charges adjustable interest rate for home loans for Dubai Based NRIs. Please note that loans under this type of interest rate is linked to the benchmark rates set by the Indiabulls Housing Finance Limited.

    Indiabulls Home Loan Against Property- Commercial Property Purchase(Variable Interest Rate)

    Loan Amount Variable Rates%
    Upto and including Rs 100 lacs 11.50% to 13.00%
    More than Rs.100 Lacs and upto Rs. 500 lacs 11.75% to 13.25%
    More than Rs 500 lacs 12.25% to 13.75%

    Indiabulls offers home loans against property which can be availed by anyone who wish to purchase a property for commercial purposes. Please note that a variable interest rate will be charged on such loans availed.

    Indiabulls Home Loan Balance Transfer Interest Rates: Variable rate

    Loan Amount Variable Rates (%)
    Upto and including Rs. 75 lacs 8.80% to 10.35%
    More than Rs. 75 Lacs and upto Rs. 300 lacs 9.00% to 10.95%
    More than Rs. 300 Lacs 9.25% to 11.00%

    Indiabull charges the same rate of interest rate for its general home loans and home loan balance transfers. For home loan amount up to Rs.75 lakhs, the variable interest rate can range anywhere between 8.80% to 10.35% p.a.

    For home loan amount more than Rs.75 lakhs to Rs.300 lakh, the interest rate ranges from 9.00% to 10.95% p.a. For loan amount more than Rs.300 lakh, the interest rate ranges from 9.25% to 11.00% p.a.

    Factors Affecting Indiabulls Home Loan Interest Rate

    • Loan Amount: The loan amount you avail from Indiabulls has a direct effect on your interest rate. If you loan amount is high, you will get a lesser interest rate. If your loan amount is low, you will end up paying high interest rate.
    • Salary of the Applicant: Indiabulls considers your monthly income before deciding the interest rate on your home loan. The higher your monthly income is, the lesser your home loan interest rate will be.
    • Type of Loan: There are many types of home loans that Indiabulls offer. They have different interest rate for each scheme. Women borrowers enjoy lower interest rate. SO, the type of home loan you avail from Indiabulls determines your rate of interest.

    Tips to Reduce IndiaBulls Home Loan Interest:

    • Choose Shorter Loan Tenure: Though choosing a longer loan tenure reduces your EMIs, you will end of paying high interest rate. Always choose a shorter loan tenure as it will greatly help in reducing the total interest paid.
    • Pay High EMIs: We all love to pay low EMIs as it makes sure that we have a significant amount of cash in hand to manage our monthly expenses. However, choose high EMIs as this helps you pay off your home loan faster and also reduces the total interest rate on your home loan.
      

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    Indiabulls Home Loan Interest Rate Reviews

    • Indiabulls Home Loan
      "Good Loan Service"
      0.5 5.0/5 "Blown Away!"
      The rate of interest are very high in India bulls, if they are not reducing the interest obviously the customers will move to different banks. India bulls will provide 99% loan to the customer which is a catchy things which other banks don't. They offered me a rate of interest is 14%. It was a pre-approved loan. I have taken the loan amount of Rs. 26 lakhs for the tenure period of 20 years.
      Was this review helpful? 0
      , thane
      Reviewed on Oct 20, 2019
    • Indiabulls
      Indiabulls Home Loan
      "Fine Loan"
      0.5 5.0/5 "Blown Away!"
      India bulls service is very good and approach, loan sanctioning time, query resolving skill is very good. Only thing is i don't like is their interest rate because the market interest rate is 8.3% but they have offered me a interest rate of 9.3% it was started with 8.65%. They are increasing the interest rate on a regular basis when i paid some amount, they have decreased upto 9.3%.
      Was this review helpful? 0
      , mysore
      Reviewed on Sep 20, 2019
    • Indiabulls Home Loan
      "Average"
      0.5 4.0/5 "Great!"
      My housing loan is ongoing with Indiabulls. The rate of interest was 9.2% where SBI is charging 8.4% which is higher and they should reduce it. The customer service is good. I have taken the loan because my friends are working here and the documentation process was very much convenient for me.
      Was this review helpful? 0
      , new delhi
      Reviewed on Sep 16, 2019
    • Indiabulls Home Loan
      "Satisfactory"
      0.5 5.0/5 "Blown Away!"
      I have a home loan with Indiabulls because this is the only option I got it and my company pays me the salary through cash. The services are very good. The interest rate is floating and so far its good. Sometimes I pay less and sometimes pay more, its equitable. They charged me a processing fee closed to 7K for loan amount of 17L in 2 parts.
      Was this review helpful? 1
      , kolkata
      Reviewed on Aug 31, 2019
    • Indiabulls Home Loan
      "Worst service"
      0.5 0.5/5 "Unacceptable"
      Indiabulls app is very worst and it won't update the details of the customer and loan amount. Interest rate is pretty good. If i call the customer care service for any clarification they won't available. I got the loan amount of Rs. 5000 and i have chosen the tenure period of 6 months. They have charged me a processing fee of Rs. 112 per month and the EMI amount is Rs. 892.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Aug 30, 2019
    • Indiabulls Home Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      I have taken a home loan with INDIA BULLS on 2 years before which was processed through an other channel. The loan amount which was given for the sufficient amount for the duration of 20 years. The rate of interest and processing fee are high for this loan. Their service is good.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Aug 28, 2019
    • Indiabulls Home Loan
      "Quite helpful executives"
      0.5 4.0/5 "Great!"
      I haven't touch with the India bulls customer care service. Taken my home loan from Home loan because the sales executive offered me this loan. I got the loan amount of Rs. 17 lakhs and i'm paying the EMI amount of Rs. 12000 every month. I have chosen the tenure period of 25 years.
      Was this review helpful? 0
      , kolkata
      Reviewed on Aug 26, 2019
    • Indiabulls Home Loan
      "Excellent Service"
      0.5 4.5/5 "Excellent!"
      I have taken Home loan which was applied directly through India Bulls. I have applied for the loan amount was 7lakhs for the tenure of 15 years .The rate of interest and the processing fee was less.I have got nice help and support from India bulls .I am completely satisfied with the service .
      Was this review helpful? 0
      , new delhi
      Reviewed on Aug 16, 2019
    • Indiabulls Home Loan
      "BETTER"
      0.5 3.0/5 "Satisfactory"
      I have been using the home loan with the INDIABULLS since from last 10 years, the documentation process was easy and simple added on that the rate of interest was 10% with the loan. The customer support is good and also i have faced no issues with the institute.
      Was this review helpful? 1
      , pune
      Reviewed on Jul 29, 2019
    • Indiabulls Home Loan
      "GOOD"
      0.5 4.5/5 "Excellent!"
      I am using the loan from last 1.5 years, the documentation process was simple and easy and i got the loan amount of 28L, there was a processing fee applicable which was 10K below, the rate of interest was 8.5%, the duration for repaying was 30 years.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jul 26, 2019
    • Indiabulls Home Loan
      "Good"
      0.5 4.5/5 "Excellent!"
      I have applied Home Loan through One India Bulls housing finance limited. I was sanctioned with the loan of 10 lakhs. They have provided me loan with good rate of interest for the tenure of 25 years. I never has any issues in documentation which was done correctly and smooth.
      Was this review helpful? 3
      , ahmedabad
      Reviewed on Jul 13, 2019
    • Indiabulls Home Loan
      "Excellent "
      0.5 5.0/5 "Blown Away!"
      I have selected india bulls home loan amount is 40 lakhs, Tenure 16 year,EMI Rs14,000 Rate of interest 9.10 percentage , one time processing fee Rs 20,000.while document submitted executive they given clear information about loan process , there no delay disbursal loan amount .Customer services is good and responsive.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jul 12, 2019
    • Indiabulls Home Loan
      "Its Fine"
      0.5 4.0/5 "Great!"
      I took the housing loan before three years from India bulls and they keep on changing the interest since its a floating one, compared to other bank the interest is higher. At the time of loan request they gave me the hassle free documentation. I took the loan amount of Rs. 30 lakhs for the duration 30 years.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jul 05, 2019
    • Indiabulls Home Loan
      "Need to decrease charges"
      0.5 3.0/5 "Satisfactory"
      I have taken a home loan in INDIA BULLS before 3 years back, the loan amount is sufficient for the tenure of 20 years. The process was smooth for a documents verification. On time loan got sanctioned.The rate of interest and the processing fee are high. As of now there is no issue from their end.
      Was this review helpful? 2
      , gurgaon
      Reviewed on Jun 24, 2019
    • Indiabulls Home Loan
      "Good Service"
      0.5 3.0/5 "Satisfactory"
      I have applied for Home loan directly with India Bulls.The rate of interest and the processing was nominal .I have got the loan amount on time and there was no drawbacks so far .The agent gave all the details about the loan process as well.I am very much comfortable when applied for this loan through bank .
      Was this review helpful? 2
      , hyderabad
      Reviewed on Jun 20, 2019
    • Indiabulls Home Loan
      "Worst bank"
      0.5 2.0/5 "Expected more"
      I never recommend indiabulls home loan to anyone. Earlier when i built a home i have taken loan from other company and they have offered me a loan with the rate of interest rate of 8.5% within a 3 months they have increased upto 9.5% and within a 1 year, they have increased 5 times. Even RBI says to reduce the interest rate also they won't reduce. They have a worst customer care and worst bank i never seen.
      Was this review helpful? 6
      , bangalore
      Reviewed on Jun 09, 2019
    • Indiabulls Home Loan
      "NOT SATISFIED"
      0.5 1.0/5 "Really Bad"
      I have taken the loan with the INDIABULLS home loan and changed to another bank because of rate of interest was higher than others and used for 5 years this loan. The documentation process was simple and easy to the loan but the process was not good.
      Was this review helpful? 1
      , indore
      Reviewed on Jun 08, 2019
    • Indiabulls Home Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have taken my personal loan with non - financial institution through India bulls, the loan amount which they have given to me was good, i have taken this loan on 2017 december this coming december it is going to get closed soon, so far i did not face any issue.
      Was this review helpful? 0
      , bangalore
      Reviewed on May 30, 2019
    • Indiabulls Home Loan
      "you can veraious loan, Go for it"
      0.5 3.0/5 "Satisfactory"
      Purchased my home loan from Indiabulls. I am not satisfied with the loan service because of the high rate of interest rate and very slow response for the query. I have to do a follow up many times to resolve the query. The given the rate of Interest is very high. As per the RBI guideliness they have not deduced the interest rate
      Was this review helpful? 3
      , ghaziabad
      Reviewed on May 28, 2019
    • Indiabulls Home Loan
      "Good"
      0.5 4.5/5 "Excellent!"
      I have taken a home loan in INDIABULLS for 2 years ago. As per my expectation I received the loan for home loan for the duration of 20 years.The rate of interest is low. The processing fee was applicable.The customer service is good and supportive on time.
      Was this review helpful? 0
      , pune
      Reviewed on May 27, 2019
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