A "low interest" loan shouldn't mean you have very little interest in paying it back!
  • Indiabulls Home Loan Interest Rate

    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.

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    Indiabulls Home Loan Interest Rate Reviews

    • Indiabulls Home Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I hold my housing loan with Indiabulls for an while. They have given me loan on time without any delay, their service was good. The process in getting loan was simple, i got loan on time. Their rate of interest was nominal, still this loan is running.
      Was this review helpful? 2
      , new delhi
      Reviewed on Apr 19, 2019
    • Indiabulls Home Loan
      "BETTER"
      0.5 3.0/5 "Satisfactory"
      I have applied for the home loan with the INDIABULLS they have done the documentation process which was simple and quick process to get the loan. The loan amount got as per the eligibility criteria also the rate of interest was 10.65% which was higher. The customer service is good.
      Was this review helpful? 3
      , new delhi
      Reviewed on Apr 05, 2019
    • Indiabulls Home Loan
      "AVERAGE"
      0.5 2.0/5 "Expected more"
      I am not satisfied with the INDIABULLS housing loan where i have previously taken because they have offered with the higher rate of interest at the beginning it was 8.5% latter it was 10% and used till 1.5 years and latter done balance transfer with another bank.
      Was this review helpful? 4
      , ahmedabad
      Reviewed on Apr 02, 2019
    • Indiabulls Home Loan
      "Excellent "
      0.5 5.0/5 "Blown Away!"
      I have my home loan with Indiabulls and it was taken 2 years back. The interest rate is 8.95% or 10%. I make the payment via online ECS and initial response was good. There was some processing fee and loan tenure is 7 years. The documents are collected by the executive.
      Was this review helpful? 2
      , hyderabad
      Reviewed on Mar 31, 2019
    • Indiabulls Home Loan
      "Need transparency"
      0.5 1.0/5 "Really Bad"
      I have taken home loan in INDIABULLS around 1.5 years back. Actually the builder was suggested me this option. At the time of taking the loan, the rate of interest is very good but within one year and they have increased very huge which am not happy. The customer service is good. They need to explain everything clear during the loan process.
      Was this review helpful? 3
      , new delhi
      Reviewed on Mar 20, 2019
    • Indiabulls Home Loan
      "Need an improvement"
      0.5 3.0/5 "Satisfactory"
      I took a home loan in IndiaBulls before 2 years ago. The interest rate is affordable. The response the time is very slow to deliver the product. They have charged me a processing fee and in a year they increased the interest rate. I have purchased a residential property and tenure is 16 years.
      Was this review helpful? 0
      , mumbai
      Reviewed on Mar 12, 2019
    • Indiabulls Home Loan
      "Satisfactory Loan Experience"
      0.5 4.0/5 "Great!"
      India Bulls home loan experience is pretty good, I didn't go to the institute at a single time, they gave me the door service. They didn't keep me going to their place, they are very specific, what documentation they needed for the process, the rate of interest is good. My property was under construction based on the urgency requirement India Bulls have disbursed the amount and they disbursed the amount in three slots.
      Was this review helpful? 0
      , mumbai
      Reviewed on Mar 11, 2019
    • Indiabulls Home Loan
      "if you need flexibility to HL , look at India bulls"
      0.5 4.0/5 "Great!"
      Five years before , I did a transfer on loans in India bulls . India bulls Sanctioned my loan within 10 days of time . ROI is compared with other bank, Totally , 180 months EMI period , till now 68 months closed . An another 10 years EMI is yet to paid . I am Happy with the Customer service .
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 09, 2019
    • Indiabulls Home Loan
      "Excellent loan service"
      0.5 5.0/5 "Blown Away!"
      No other bank is ready to give me a loan since I'm working in a Merchant Navy and only India bulls was ready to provide a loan for me. I got the interest rate of 8.25% which I'm glad about it and they have charged me a processing fee of 2%. I pay the EMI amount of Rs. 13200 for the loan amount of Rs. 13.60 lakhs. They have sanctioned the loan on time.
      Was this review helpful? 3
      , kolkata
      Reviewed on Feb 27, 2019
    • Indiabulls Home Loan
      "Qucik Loan Approval"
      0.5 5.0/5 "Blown Away!"
      From India bulls the interest rate was good , I got around 8.40% for the tenure period of 20 years when I was trying to research on the loan part, I got the best thing where other are providing 11% its huge. The good part about India Bulls, it got processed quickly within 24 to 48 hours.
      Was this review helpful? 3
      , ghaziabad
      Reviewed on Feb 22, 2019
    • Indiabulls Home Loan
      "GOOD"
      0.5 4.0/5 "Great!"
      I have taken the housing loan with the INDIABULLS but they have given the rate of interest higher when compared to the others but they have provided the satisfactory loan amount on time. I am using it since from last 1.5 years. The rate of interest is floating.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Feb 13, 2019
    • Indiabulls Home Loan
      "Good Service"
      0.5 3.5/5 "Pretty good"
      I have applied for Indiabulls Home loan for the tenure of 13yrs and the loan amount sanctioned on the stipulated time and the agent clearly explained about the process completely ,got the interest rate on Floating basis while submitting documents not yet faced any difficulties ,there service is good and the processing time is also good and also not yet faced any difficulties on EMI basis ,there Overall service was good and satisfactory.
      Was this review helpful? 3
      , mumbai
      Reviewed on Feb 12, 2019
    • Indiabulls Home Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have been using home loan with India bulls, their service is good, the loan amount they have given me was good, the rate of interest they have charged me up to 8.35% which was nominal, now recently one month ago they have increase a bit , but it is nominal, and they have charged me processing fee it is nominal, till is loan is running, their is no hidden charges .
      Was this review helpful? 1
      , new delhi
      Reviewed on Jan 29, 2019
    • Indiabulls Home Loan
      "Cheaters and Scammers"
      0.5 0.5/5 "Unacceptable"
      I took a plot loan for 8.7 percent for 20 years and my interest rate has been increased to 12.4 percent within a year and tenure has been doubled without any intimation today I was surprised and astounded to find this. I would suggest not to get cheated from this bank and never go for a loan from this bank and go to another bank. No reason provided for increasing the interest rate soo much and tenure. TOO BAD.
      Was this review helpful? 13
      , hyderabad
      Reviewed on Jan 29, 2019
    • Indiabulls Home Loan
      "Average"
      0.5 3.0/5 "Satisfactory"
      I took a personal loan from the INDIA BULLS INSTITUTION. It was good, application process was smooth an hassle free.1 I got the loan amount with in a week.Their customer support reposes are also very good. Only the thing is here i cannot do things so much online all time i have to visit in branch . I transfer my loan to HDFC BANK .
      Was this review helpful? 4
      , mumbai
      Reviewed on Jan 27, 2019
    • Indiabulls Home Loan
      "Average"
      0.5 3.0/5 "Satisfactory"
      Recenlty I took a home loan with IndiaBulls and I felt the rate of interest is bit high when compared to others. The customer service and response was fine. I have purchased a residential property. There was a processing fee which was close to 30K. The loan duration is 10 years. I can do foreclosure at anytime without penalty.
      Was this review helpful? 4
      , hyderabad
      Reviewed on Jan 23, 2019
    • Indiabulls Home Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I bought my home loan INDIA BULLS, i got this loan for 10 years . The documentation process was very easy. The customer support and response is good. The loan amount is satisfactory .They have charged nominal rate of interest and even processing fee is also nominal.
      Was this review helpful? 2
      , new delhi
      Reviewed on Jan 20, 2019
    • Indiabulls Home Loan
      "Good loan services"
      0.5 4.0/5 "Great!"
      In March 2018, I have applied the home loan with India bulls. My friend has recommended about the indiabulls loan. They have given me a interest rate of 8.35% and I'm happy with it. I have received the loan in 20 days. I have no idea about the processing fee. Total tenure period the loan is 20 years. I am making the EMI through ECS.
      Was this review helpful? 3
      , new delhi
      Reviewed on Jan 18, 2019
    • Indiabulls Home Loan
      "Not satisfied with the service"
      0.5 2.0/5 "Expected more"
      It was not a good experience i had with this loan where the interest rate with them has been high when compared with the market rate. The charges which they had made has been nominal and the loan amount which they had provided has been sufficient. Their customer support has also been helpful as well.
      Was this review helpful? 2
      , new delhi
      Reviewed on Jan 08, 2019
    • Indiabulls Home Loan
      "Indiabull housing loan is worst"
      0.5 0.5/5 "Unacceptable"
      I am one of the Indiabulls housing loan account holder ,but indiabulls housing loan department and recovery team agent are arrogant. Unnecessary they harrash customer dont know how to speak with customer and older people as well they are totaly weired in behaviour .dont listen customer
      Was this review helpful? 6
      , mumbai
      Reviewed on Dec 21, 2018
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