Indiabulls Home Loan Procedure

The application process for Indiabulls home loans is expedited with minimal paperwork and numerous modes for loan payment that makes it more convenient to pay back the loan.

The procedure for applying for Indiabulls home loan is as follows:

• The first step would be to fill in your application form fully and accurately with all the necessary details.
• The next step is to keep all the required documents handy as you would need to submit them along with the filled in application form. You can get a comprehensive list of the documents required on the Indiabulls website. This would have to be submitted at your nearest Indiabulls branch office.
• You can also apply online on the Indiabulls website here: https://www.indiabullshomeloans.com/contact-us/apply-now-for-home-loan/Here are the other ways through which you can apply for a loan:
  • Call the helpline at 1800 200 7777
  • Email to homeloans@indiabulls.com
• Once the application has been submitted, whether offline or online, there comes the waiting period to know if your loan has been sanctioned.
• Your sanction is based on various factors, such as your repayment ability, value of the property, the amount that you applied for, etc.
• You will be informed when your loan has been sanctioned.
• The next step is that of the disbursal.
• The loan amount is disbursed based on the nature of the transaction. For example, it will be disbursed to the borrower directly if the house is being constructed by himself/herself. In the case of a balance transfer, it will be transferred to the financier. For a property that is being resold, the seller is chosen for disbursement.

Indiabulls home loans have a wide range of benefits such as special concessions on interest rates for women, flexible repayment options, and approval of the loan even if the property is not selected yet.