A "low interest" loan shouldn't mean you have very little interest in paying it back!
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    We found 3 IndiaBulls Home Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    8.75% - 11.0% Floating
    Up to 0.5% One time fee
    2L - 3Crs
    1-30 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    9.25% - 11.20% FIXED
    Up to 0.5% One time fee
    2L - 3Crs
    1-30 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    8.70% - 10.95% Floating
    Up to 0.5% One time fee
    2L - 3Crs
    1-30 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    IndiaBulls Home Loan is Rated as "Great!" by 487 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Home Loan BYTES FROM OUR KITCHEN

    IndiaBulls Home Loan

    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.

    Indiabulls Bank Home Loan Interest RatesUpdated on 18 Nov 2018

    Indiabulls Bank Home Loan Details
    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
    Pre-closure Charges Nil
    Guarantor Requirement No Guarantor Required

     

    Indiabulls Housing Finance

    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.

    Indiabulls home loan interest rates

    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%

    Indiabulls Home Loan Variable Rate of Interest

    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.

    Features and benefits of Indiabulls home loan

    1. The maximum offered tenure for repayment of loan is 20 years.
    2. Instant loan application and approval on the corporate portal.
    3. Very attractive and competitive rate of interest.
    4. Hassle free application process with quick turnaround time.
    5. Customer centric approach, immensely flexible and robust support.
    6. Save tax per Section 24 and Section 80C of the Income Tax Act.
    7. The maximum loan on offer is 80% of the overall cost of the property. This rule applies for loan amountsexceeding Rs.20 lakhs. For loans up to Rs.20 lakhs, the maximum loan offer is 85%.
    8. Flexibility to apply for the loan either individually or jointly. Co-applicants need not be co-owners.

    Indiabulls home loan eligibility criteria

    The applicant must satisfy the following conditions to be eligible for the loan:

    1. He/she must be a resident Indian. NRIs can only apply for the NRI Home Loans.
    2. The loan amount can only be used to purchase properties in India.
    3. The applicant must be older than 21 years and must not be over 65 years at loan maturity.
    4. He/she must have a steady source of income, as proved by accompanying documents.
    5. He/she must have a good credit history, with no obvious red flags.

    Documents required for Indiabulls home loan

    1. The following lists the documents to be submitted at the time of loan application,
    2. Duly filled and signed application form
    3. Processing Fee Cheque
    4. Identity proof with date of birth mentioned
    5. Proof of residence/address
    6. Income documents -
      • For salaried individuals: Salary slips, Form 16 and bank statement
      • For self-employed individuals: ITRs with financial statements, Bank statement
    7. Property Documents

    IndiaBulls home loan fees and charges:

    • Processing fees:
      • Upto Rs.10,000 for a loan amount of upto Rs.28 lakh.
      • Upto 0.5% for loan amount between Rs.28.01 lakh and Rs.300 lakh.
      • 0.5% to 1% for loan amount above Rs.300 lakh.
    • ECS / PDC – Rs.250
    • Late payment -24% p.a. of the outstanding EMI.
    • Statement account charges or amortization schedule – Rs.200.
    • Retrieval of documents – Rs.5000.
    • Transaction handling charges – Rs.2,500.
    • Database admin fee – Rs.650.

    Indiabulls home loan EMI calculator

    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-

    1. Quick Turnaround: EMI calculations accomplished in mere seconds.
    2. Comprehensive Info: All facets of your home loan EMI, explained and attractively displayed.
    3. Experiment: Try different tenures and interest rates, find the best combination for you.
    4. 100% Free: This lightning fast tool is completely free to use.

    How to apply for Indiabulls home loan through BankBazaar.com?

    Applying for an Indiabulls home loan from BankBazaar.com is immensely simple and highly interactive. The following steps are involved in this procedure,

    1. Logon to BankBazaar.com. On the homepage, seek the navigation panel that is located at the top. Herein, select the second menu item ‘LOANS’ and in there, the second option on the drop-down, ‘Home Loan’. Next, select ‘Indiabulls Home Loans’ from the adjoining slab.
    2. The resultant page details home loans from Indiabulls. You will find a number of strategically placed options here, including ‘Check if you are eligible’, ‘Check how much you can borrow’, etc. Select an option to launch the corresponding action.
    3. The ‘Apply Now’ button is displayed prominently while nearing the bottom end of this page. Clicking on this will start off the process. Your application will next be forwarded to Indiabulls for further processing.
    4. Track the status of your application through SMS and email alerts. BankBazaar’s expert customer support team will always be at hand to address all your queries and concerns.

    Why apply for Indiabulls home loan on BankBazaar.com?

    1. Comparative Study:The website gives you the option of comparing Indiabulls Home Loans against the loans offered by other financial organizations/banks. You can also take help from the customer care team to assist you with all your queries.
    2. Credibility:You can get all the information related to Indiabulls Home Loans in detail. Be it the terms and conditions, interest rates or any other unique information. The best part being that all information is updated and readily available.
    3. Quick and Convenient:Apply for Indiabulls home loan from the comfort of your office/home. Refer to BankBazaar.com to check out all the features, and make the application and documentation a very quick and smooth process. The loan disbursal will happen in quick time.
    4. Privacy:The personal information you provide, with regards to the loan application, will be shared only with Indiabulls. Apart from this, it will be treated with the utmost care and kept completely private.

    Home loans including loans for NRIs

    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 home loans against property

    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.

    FAQs On Indiabulls home loan

    1. What type of property can be purchased with the Indiabulls Home Loan?
      • Purchase of flats, apartments, independent house, bungalow etc.
      • Property that is part of an existing owner’s association or co-operative housing society.
      • Residential plots, constructing a new house, buying a plot and then building a house.
      • Extending your current home by adding rooms, floors, etc.
      • Renovation and/or repair of the current residential property.
    2. What are the applicable processing fees charged prior to loan disbursement?
      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
    3. Who must I choose as co-applicant(s) for the loan?

      Any immediate family member (must be related by blood).

      • Spouse, Children
      • Remember that the co-applicants need not necessarily be co-owners.
    4. What is the maximum available repayment tenure?

      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.

    5. Name the various formats of home loans extended by Indiabulls?
      • Home loans are offered when the applicant needs the same for the following conditions-
      • To purchase a brand new house
      • To buy a residential plot and then construct a house
      • When applicant transfers his/her balance from another lender to Indiabulls
      • Loans against existing property
      • Loans for builders against existing properties
    Home Loan - Sitemap

    IndiaBulls Home Loan Reviews

    • Indiabulls Home Loan
      "Response is quick"
      0.5 3.0/5 "Satisfactory"
      Well i was in a need of home loan and i applied with India-bulls . The process of applying and getting processed was fast. i would appreciate India-bulls for that but when i had paid almost half of my loan amount and when i requested for , another loan , they just denied. I mean they could have seen my credit score and i am a person who pays payment on time. So only this concern i had with this bank but apart from that i fine with its services.
      Was this review helpful? 2
      , mumbai
      Reviewed on Nov 10, 2018
    • Indiabulls Home Loan
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      I have applied for the hosing loan recently from the INDIA BULLS and my loan got approved within 2days and i got loan of 78% with in 8-9 days which is 17lakh. I am using from last 10 months also the duration is for 30 years to repay the loan and the rate of interest is nominal 8.5.% which is fixed.
      Was this review helpful? 1
      , mumbai
      Reviewed on Nov 07, 2018
    • Indiabulls Home Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      It was a good experience with the home loan i had with Indian Bulls where the loan amount which they had provided had been sufficient and satisfactory as well. The interest rate with them has been nominal when compared with the market rate where it was around 8.75%. There has not been any sort of additional charges which had been made by them as well.
      Was this review helpful? 3
      , mumbai
      Reviewed on Oct 11, 2018
    • Indiabulls Home Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have taken my home loan with indiabulls.customer service was very good.i got good response and my loan amount as good as per my expectation and the rate of interest and processing fee they charge me nominal, there was no hidden charges they have taken and even tenure period they have given as i want.
      Was this review helpful? 2
      , kolkata
      Reviewed on Oct 09, 2018
    • Indiabulls Home Loan
      "good service"
      0.5 4.0/5 "Great!"
      I have taken my home loan with indiabulls. customer service are good.i got good response as well. it gave me joint benefit as i have apply 2 home loan from india bulls only.the rate of interest and processing fee are nominal.i have experience for service from them.
      Was this review helpful? 6
      , ahmedabad
      Reviewed on Oct 03, 2018
    • Indiabulls Home Loan
      "Satisfactory"
      0.5 4.0/5 "Great!"
      I have taken my home loan with IndiaBulls. The customer services are good. I got a good response as well. The rate of interest and processing charges are normal. In all it has been a good experience and the after loan services are also hassle free.
      Was this review helpful? 7
      , mumbai
      Reviewed on Sep 07, 2018
    • Indiabulls Home Loan
      "Not satisfied"
      0.5 1.0/5 "Really Bad"
      My home loan experience was not good with IndiaBulls, the loan amount was for Rs 35 lacs with high interest rate and charges when compared to others in the market. Customer service was not up to the mark and their response was not good. The tenure period for this loan is 20 years out of which 6-7 years is already completed.
      Was this review helpful? 8
      , ghaziabad
      Reviewed on Aug 29, 2018
    • Indiabulls Home Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      I got my housing loan from INDIA BULLS . Am satisfied with rate of interest of 8.3% and they have increased to 8.7% The customer service and response is good. It took 2-3 months for the documentation and approval process.There is miscommunication between customer service in starting they said they will be charging low processing fees but they have charge nearly 10k.
      Was this review helpful? 5
      , bangalore
      Reviewed on Aug 27, 2018
    • Indiabulls Home Loan
      "AVERAGE"
      0.5 2.0/5 "Expected more"
      I have taken home loan with INDIA BULLS . Interest rate is 8.6% which floating , and my loan amount is up to the mark. There is no hidden charges. I use to pay 4600 as pre EMI per month and tenure period is 20years. Customer service response is good. Processing fee is 3500 . The services is good did not face any difficulty at the time of documentation.
      Was this review helpful? 9
      , new delhi
      Reviewed on Aug 14, 2018
    • Indiabulls Home Loan
      "Good"
      0.5 3.5/5 "Pretty good"
      My home loan was taken with INDIA BULLS 1 year back. The loan amount was 29 lakhs ad the interest rate was satisfactory .The tenure period was 25 years The loan process was very smooth and good. They have sanctioned the loan with the committed time. Their processing fee was also nominal.
      Was this review helpful? 10
      , mumbai
      Reviewed on Jul 26, 2018
    • Indiabulls Home Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      The process in getting the loan had been smooth and straight forward. The documentation has been easy and all has been done on the right time. The interest rate with them had been okay and the total tenure has been for five years. There has not been any hassles faced with them so far.
      Was this review helpful? 8
      , chennai
      Reviewed on Jul 12, 2018
    • Indiabulls Home Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      I took a home loan for 12 lacs from the IndiaBulls, I got the loan with in almost a month. The interest rate is low 9% when comparing to other banks in the market, The loan is still running and everything is going smooth. Overall it has been a smooth home loan experience with the IndiaBulls.
      Was this review helpful? 5
      , hyderabad
      Reviewed on Jul 10, 2018
    • Indiabulls Home Loan
      "Very good"
      0.5 4.0/5 "Great!"
      I have approached INDIAN BULLS for my home loan but my property wasn't finalized so i have postponed the plan and never followed up also. I was looking for 65 lakhs and the interest rate was satisfactory . The customer service and responses was good.My experience was good.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jul 10, 2018
    • Indiabulls Home Loan
      "Confusing interest rates"
      0.5 3.0/5 "Satisfactory"
      Interest rates are pathetic. I'm planning to transfer this loan to some other banks. They have started with 8.9% interest they keep on increasing the interest rate now I'm paying 9.15%. If i want to reduce the interest rate then they will give some application for that i have to Rs. 5000 to reduce the interest rate upto 8.5%. This is the confusion process. I don't remember about the process fee. I have taken a loan 1 year before.
      Was this review helpful? 19
      , mumbai
      Reviewed on Jul 05, 2018
    • Indiabulls Home Loan
      "Very Good Service"
      0.5 4.0/5 "Great!"
      It has been a very good experience with them so far and i had taken this loan almost four years back. The loan amount had been good and the interest rate with them had been okay. The process in getting the loan had been very smooth and easy and there has not been any issues faced with the banking services of them.
      Was this review helpful? 2
      , coimbatore
      Reviewed on Jun 30, 2018
    • Indiabulls Home Loan
      "Worst Experience"
      0.5 2.0/5 "Expected more"
      Interest rates are high in Indiabulls. Their staffs are very rude and not helpful to me. I have to follow up with them each and every time by visiting the branch. Their is no net banking option. They used to deduct the money by using the ECS. They charged me around Rs. 1100 as processing fee. They offered me the interest rate of 8.6% which is little bit high compared to other banks
      Was this review helpful? 8
      , gurgaon
      Reviewed on Jun 20, 2018
    • Indiabulls Home Loan
      "Home loan experience"
      0.5 1.5/5 "Bad"
      Worst experience and bad management. Worst loan provider. No value on their commitment. They have tied up with good builder by giving them 99 + 1 % loan offer. Those are just a bluff. Initially they will tell that we will give 99% loan but later they will that no you are not eligible.
      Was this review helpful? 5
      , bangalore
      Reviewed on Jun 20, 2018
    • Indiabulls Home Loan
      "Refer India bulls interest rate before avail it. "
      0.5 4.0/5 "Great!"
      I have one issue with all the companies and banks. If any hike in loan, then they will increase the interest rate. But whenever the depreciation they are not reducing the interest. In stead of that they are asking us to update the documents. For that i have to pay some charges also. The Interest rates are not customer friendly. Earlier it was 8.4 when i take the loan. After the hike, now it is 8.55% as interest rate. Their is a scope of improve to be there. If any there is any hike and building asking us to pay some extra money, they asked me to pay double the money. I'm totally fed up with them.
      Was this review helpful? 4
      , noida
      Reviewed on Jun 18, 2018
    • Indiabulls Home Loan
      "100% supporive and Guidance from Indiabulls"
      0.5 4.5/5 "Excellent!"
      I have not gone through the interest rates and processing fee compare to the other banks. I'm trusting that they will given less interest rates according to the market rate. The people who are working with Indiabulls are very supportive and helpful. The one who is looking for the property they are very helpful from the registration. I have got the loan on time as per committed date. The team was very co-operative. I don't have any suggestion to improve wise that.
      Was this review helpful? 2
      , hyderabad
      Reviewed on Jun 14, 2018
    • Indiabulls Home Loan
      "Home loan"
      0.5 1.5/5 "Bad"
      I had home loan with indiabuills. At the time of loan sanction date it was 8.35 after that every month they have started increasing interest rate to 8.55,8.65 and when i asked it is floating rare, so it will increase based on RBI Guidance. Actually they are following RBI only for interest rate increments not for all. If we go for other banks at least they bound to committed rate of interest for 1st year.I already mentioned the point what if ,the interest rate increased after loan sanction then they said form last one and half year they did not increased any interest rates.Their services also worst, i visited their branch many times and spend hours to resolve my concerns.
      Was this review helpful? 11
      , hyderabad
      Reviewed on Jun 11, 2018
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