A "low interest" loan shouldn't mean you have very little interest in paying it back!
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    IDBI Bank Home Loan

    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    9.60% Floating
    5L - 10Crs
    30 Years
    Response Time Within 30 minutes
    What you'll love
    Think about
    Fees & Charges
    Eligibility Criteria

    IDBI Bank Home Loan is Rated as "Pretty good" by 169 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service



    IDBI Bank Limited is an Indian financial service company headquartered in Mumbai, India. IDBI Bank is on a par with nationalized banks and the SBI Group as far as government ownership is concerned. It is one among the 26 commercial banks owned by the Government of India. Their experience of financial markets will help them to effectively cope with challenges and capitalize on the emerging opportunities by participating effectively in our country’s growth process. Owning a home is one of life’s biggest aspirations, at IDBI our home loan solutions are designed to offer you convenience and make the journey to your dream home a pleasant one.All you have to do is to follow some simple steps to get attractive deals.


    You’re probably eligible for an IDBI Home Loan if you are

    IDBI Home Loan Minimum Age

    At least 22 years old

    IDBI Home Loan Maximum Age

    Less than 70 years old

    IDBI Home Loan Eligible Employment Type

    Salaried or self-employed
    with regular income

    IDBI Home Loan Minimum Income

    Earn more than the minimum
    income required


    Your IDBI Home Loan amount eligibility is based on these factors

    IDBI Home Loan Minimum Salary

    Earn more than the minimum
    income required

    IDBI Home Loan Maximum Loan to property value

    Loan capped @ 75% to 90 % of property value

    IDBI Home Loan EMI

    EMIs of other loans lower
    your eligibility


    Increase your eligible IDBI Home Loan amount by these steps

    IDBI Home Loan Add Spouse as Co-applicant

    Make your spouse a co-applicant,
    and her income will add
    to your eligibility

    IDBI Home Loan Maximum Tenure

    Choose longer tenure loan up to 30 years

    IDBI Home Loan Add parents as Co-applicant

    Alternatively add your parents


    Documentation needed to apply for an IDBI Home Loan

    • 1. Signed application form with photograph
    • 2. Processing fee Cheque
    • 3. ID and residence proof
    • 4. Latest bank statements
    • 5. Documentation for salaried applicants:
      • Last 3 years Income Tax Returns with computation of Income
      • Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account
    • 6. Documentation for self-employed applicants:
      • latest income tax returns
      • latest comupation of income


    IDBI Home Loan Interest RatesUpdated on 29 May 2016

    IDBI Home Loan Details
    Interest Rate 9.60%
    Processing Fees Nil
    Loan Tenure 30 years
    Pre-closure Charges Nil


    News About IDBI Home Loan

    • IDBI Bank introduces new processing system to apply for loan

      IDBI Bank, one the top public sector banks, has initiated a new way to process a loan application for its Structured Retail Asset (SRA) loans like vehicle loans, education loans and personal loans. This is not counting the prevailing processing system for housing loans. Thus every SRA loan has been digitalized.

      This arrangement can generate the regularization in dispensation and payments of the loans. It will increase turnaround time for home loans. This is yet another leap onward in IDBI’s obligation to enhance customers banking experience.

      26th August 2015

    • IDBI Emerges as the New Age Home Loan Genie

      To offer quick loans to buy houses or open small businesses, IDBI Bank has decided to introduce e-huts, which will aid individuals from villages to go forward and join major businesses. E-hut is a notion that is extensively recognized in the West, but in our country, it has not picked pace yet. The bank will lend its support to middle and small initiatives in the state for which the loaning has escalated by 48%.

      IDBI opened two more offices in Goa (Candolim & Chinchim). These branches are harmonized with IDBI’s plan to reinforce its Housing & Enterprises (Micro, Small and Medium) loan portfolio in Goa. IDBI has noted an extraordinary progression in the area with 22% increase in current and savings accounts as the overall deposits increased by 16% in the preceding financial year.

      28th May 2015


    IDBI Bank Home Loan Reviews

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