Eligible borrowers can now avail Indiabulls home loans from Rs.2 lakh and up to Rs.3 crore with interest rates starting at 8.75% onwards. The loan can be availed for a maximum period of 30 years. The processing fee associated with these loans goes up to 2% of the loan amount.
Apply for a home loan from Indiabulls and choose between different types of housing loans based on your requirement. Avail Indiabulls home loans for the purpose of construction of a new house or purchase a new or existing flat/house.
| Interest Rate | 8.75% p.a. onwards |
| Loan Amount | Up to Rs.5 crore |
| Processing Fee | 0.5% onwards |
| Maximum Tenure | 30 years |
| Rate Packages Available | Floating/Fixed |
Compare: Home Loan Interest Rate all Banks
Indiabulls offers several types of housing loans to suit to your need. Here are the different types of Indiabulls home loans:
Key Highlights:
| Interest Rate | 8.75% p.a. onwards |
| Processing Fee | 0.50% onwards |
| Maximum Tenure | 15 to 30 years |
Key Highlights:
| Interest Rate | 8.75% p.a. |
| Processing Fee | Contact the bank |
Key Highlights:
| Interest Rate | 9.75% onwards |
| Processing Fee | 1.00% onwards |
Key Highlights:
| Interest Rate | Contact the bank |
| Processing Fee | 0.50% onwards |
Key Highlights:
| Interest Rate | Contact the bank |
| Processing Fee | 0.50% onwards |
Calculate the Equated Monthly Instalment (EMI) payable towards your housing loan using the Indiabulls Home Loan EMI calculator. The EMI per lakh is Rs.787.
*Here the loan amount is Rs.1 lakh for a tenure of 30 years with interest rate charged at 8.75% p.a.
Enter the required fields with required details such as loan amount, loan tenure, rate of interest and the processing fee on the Home Loan EMI Calculator and click ‘Calculate’. You’ll be redirected to a new page which offers the breakup of the total amount payable to the bank and the total interest payable along with the EMI payable during the tenure of the home loan.
| Salaried |
• Resident of India • NRI/PIO • If a property is mortgaged, all joint owners will be co-applicants. |
| Self-Employed |
Below are the documents required to apply for an Indiabulls housing loan:
Mandatory for all Applicants:
For Salaried:
For Self-Employed Professional
For Self-Employed Non-Professional
For BSF Customer:
For NRI/Merchant Navy:
Other Related Documents:
Indiabulls offers housing loans with tenures of up to 30 years; however, this is restricted till the age of 65 years or your retirement age, whichever is earlier.
Indiabulls calculates the rate of interest based on monthly rests.
The EMI payable includes two components – interest amount and the principal amount. When the interest is computed on monthly rests, the principal amount on which the interest is levied decreases every month.
Indiabulls offers Loan Against Property (LAP) up to a maximum of 15 years; however, the term should not extend beyond 65 years of age or retirement age, whichever is earlier.
It’s a table reflecting how much you loan amount is reduced through monthly instalments and shows the breakup of every EMI into repayment of interest and outstanding principal of the loan.
Yes. Indiabulls offers the option to make part payment online through its customer portal through net banking/debit card/UPI.
The turnaround time for the part payment is four working days, with the effect given on the realization date and interest benefits from realization date.
If you pay the switch fee on or before the EMI cycle date, then the change shall be given from the next month’s cycle.
Indiabulls has opened two offices in Dubai and London to assist NRIs in availing a home loan. You can either apply online or walk into their offices.
Indiabulls considers parameters such as income, age, qualification, repayment capacity, number of dependents, spouse’s income, assets and liabilities, and the continuity and stability of your occupation.
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