Eligible borrowers can now avail Indiabulls home loans from Rs.2 lakh and up to Rs.3 crore with interest rates ranging between 8.75% p.a. and 11% p.a. on floating rate type loans. The interest rates associated with fixed rate type housing loans ranges from 9.25% p.a. to 11.20% p.a. depending on the profile of the applicant. The loan can be availed for a maximum period of 30 years. The processing fee associated with these loans stands at 0.50% of the loan amount plus applicable taxes. Furthermore, women borrowers are offered interest rate concession of 0.05%.
Headquartered in Gurgaon, Indiabulls is one of India’s largest Housing Finance Company (HFC). Recognised for its eminence in providing financial services at competitive prices, Indiabulls is rapidly growing its network across the nation. One of their more popular products is the home loans they offer. Indiabulls home loans can be availed by visiting their branch or applying online.
|Interest Rate (Floating)||General Borrowers - 8.75% to 11.0%
Women Borrowers - 8.70% to 10.95%
|Interest Rate (Fixed)||9.25% to 11.20%|
|Processing Fees||Up to 0.5% of the loan amount|
|Loan Tenure||1 year to 30 Years|
|Partial pre-payment Charges||Nil|
|Guarantor Requirement||No Guarantor Required|
Home Loan By Top Banks
Indiabulls Home Loans gives you an opportunity to live your dream of owning a beautiful house. Indiabulls home loan schemes have been especially designed to suit the varied needs of individual customers.
Complete assistance from the Indiabulls customer counselling team, doorstep service, instant approval, quick processing, document checklist service and quick disbursal of the loan make the company a very popular choice for availing home loans.
Indiabulls will guide you through every step of the entire process – from thinking of owning a house to actually acquiring it.
Indiabulls Housing and Finance Ltd. is one of the leading and most preferred brands in real estate and housing in the nation. By providing comprehensive tools like Home Loan Eligibility Calculator, EMI Calculator, Tax Benefit Calculator, the company makes sure that the borrower gets the best deal.
India Bulls aims to provide the best cost effective housing loan in the market and hence offers attractive rate of interest on its housing loan. The bank offers a floating interest Rate starts at 8.55% to a maximum of 10.75% for its general customers. The bank offers a special rate of interest for its women customers at a floating rate of interest at 8.50% to 10.75%
|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%|
Note: ROI to be 0.05% higher if property is not owned/co-owned by women borrower/co-borrower.
The applicant must satisfy the following conditions to be eligible for the loan:
As with its offline namesake, a Home Loan Calculator (home loan EMI calculator, is also a common name) allows a user the convenience of calculating his/her home loan Equated Monthly Installments (EMI), electronically and with a minimal input of time. A prime example of such a time-saving, interactive and friendly Home Loan EMI Calculator can be found on BankBazaar.com. This tool offers the following discerning advantages-
Applying for an Indiabulls home loan from BankBazaar.com is immensely simple and highly interactive. The following steps are involved in this procedure,
This is the standard loan, applicable for resident Indians who wish to purchase property in India. A comprehensive package that is intended for the smart borrower, the India bulls home loans offer a range of features and benefits that are customized for the Indian context, and in line with the express requirements of an Indian subscriber. If you are an NRI , and currently residing in the UK or Dubai, Indiabulls offers a powerful medium to purchase property in India, without having to compensate or overpay to balance out your NRI status.
Indiabulls offers loans against property. This scheme comes with multiple advantages to its borrowers. Funds can be generated by unlocking the property value along with the luxury of staying in the house, and can also satisfy the need for any immediate expenses. It can also be used for something like buying another house/property or business expansion.
|Loan Amount.||Applicable Processing Fee.|
|Upto Rs.28 lakhs||Rs.7,500|
|From Rs.28 lakhs to Rs.50 lakhs||Maximum 0.50% of the loan amount|
|Above Rs.50 lakhs||Upto 0.50% to 1.00% of the loan amount|
Any immediate family member (must be related by blood).
The maximum repayment tenure is 30 years. However, the term is limited to the applicant attaining the age of 65 years or the accepted retirement age, whichever comes first.
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