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

    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%. 

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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

    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 16 Jun 2019

    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

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    IndiaBulls Home Loan Reviews

    • Indiabulls Home Loan
      "Worst bank"
      0.5 2.0/5 "Expected more"
      I never recommend indiabulls home loan to anyone. Earlier when i built a home i have taken loan from other company and they have offered me a loan with the rate of interest rate of 8.5% within a 3 months they have increased upto 9.5% and within a 1 year, they have increased 5 times. Even RBI says to reduce the interest rate also they won't reduce. They have a worst customer care and worst bank i never seen.
      Was this review helpful? 2
      , bangalore
      Reviewed on Jun 09, 2019
    • Indiabulls
      Indiabulls Home Loan
      "NOT SATISFIED"
      0.5 1.0/5 "Really Bad"
      I have taken the loan with the INDIABULLS home loan and changed to another bank because of rate of interest was higher than others and used for 5 years this loan. The documentation process was simple and easy to the loan but the process was not good.
      Was this review helpful? 0
      , indore
      Reviewed on Jun 08, 2019
    • Indiabulls Home Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have taken my personal loan with non - financial institution through India bulls, the loan amount which they have given to me was good, i have taken this loan on 2017 december this coming december it is going to get closed soon, so far i did not face any issue.
      Was this review helpful? 0
      , bangalore
      Reviewed on May 30, 2019
    • Indiabulls Home Loan
      "you can veraious loan, Go for it"
      0.5 3.0/5 "Satisfactory"
      Purchased my home loan from Indiabulls. I am not satisfied with the loan service because of the high rate of interest rate and very slow response for the query. I have to do a follow up many times to resolve the query. The given the rate of Interest is very high. As per the RBI guideliness they have not deduced the interest rate
      Was this review helpful? 1
      , ghaziabad
      Reviewed on May 28, 2019
    • Indiabulls Home Loan
      "Good"
      0.5 4.5/5 "Excellent!"
      I have taken a home loan in INDIABULLS for 2 years ago. As per my expectation I received the loan for home loan for the duration of 20 years.The rate of interest is low. The processing fee was applicable.The customer service is good and supportive on time.
      Was this review helpful? 0
      , pune
      Reviewed on May 27, 2019
    • Indiabulls Home Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      My housing loan was taken with INDIA BULLS , the services was good and process was smooth , i receive the loan on time . The tenure period is sufficent and they charge fine rate of interest which is nominal in the market . They gave option of preclosere and processing fee is nominal
      Was this review helpful? 1
      , kolkata
      Reviewed on May 20, 2019
    • Indiabulls Home Loan
      "Excellent service"
      0.5 4.0/5 "Great!"
      I have been holding my home loan with India bulls from long time, the loan amount which they have given to me was sufficient , the rate of interest they have charged me was nominal, they have previously charged me up to 8.45% but now it would be up to 9.45% one percent they use to increase every quarterly period.
      Was this review helpful? 1
      , hyderabad
      Reviewed on May 14, 2019
    • Indiabulls Home Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      It has been quite a good experience i had with the Home loan from INDIABULLS where the process was quite easy and quick. The interest rate with them had been quite competitive when compared with the market rate. There has been some processing fee which they had charged which has been nominal.
      Was this review helpful? 0
      , chennai
      Reviewed on May 06, 2019
    • Indiabulls Home Loan
      "Not Satisfied with the services which they had provided"
      0.5 1.5/5 "Bad"
      The experience with my Home loan from INDIABULLS has not been a good experience, where the processing time was taken more time and for everything i had to visit the branch. There was too much inconvenience faced and they where increasing the interest rate every month and it was not even reflecting in their mobile application.
      Was this review helpful? 0
      , mumbai
      Reviewed on May 03, 2019
    • Indiabulls Home Loan
      "Should provide prompt service and response"
      0.5 3.5/5 "Pretty good"
      I closed India bulls home loan they are not responding prompt that is the reason I switched over to other bank. I took the loan amount of Rs. 65 lakhs for the tenure of 25 years. I would suggest they should provide proper response to the customer. The process was not streamlined they changed the paper without my consideration.
      Was this review helpful? 0
      , chandigarh
      Reviewed on May 02, 2019
    • Indiabulls Home Loan
      "Very Good Service"
      0.5 5.0/5 "Blown Away!"
      I had taken a Home loan from INDIABULLS almost an year back and the experience had been good, but the interest rate with them was around 9.95% which was pretty much high. The process was completed in almost ten days and their customer support team was quite responsive.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Apr 30, 2019
    • Indiabulls Home Loan
      "Unhappy with the services"
      0.5 2.0/5 "Expected more"
      Indiabulls was not up to the mark on the home loan. The services are not satisfactory and they are not responsive as well. The rate of interest and processing charges is also on the higher side. In all I was not happy with the process. They are not recommendable as well.
      Was this review helpful? 0
      , delhi
      Reviewed on Apr 29, 2019
    • Indiabulls Home Loan
      "ROI is high"
      0.5 4.0/5 "Great!"
      I earlier had a home loan with Indiabulls. The rate of interest is very high and without any intimation, the interest was increased every 15 days. The interest rate was of 9.25%. The services is good and they are responsive as well. In all no hassles.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Apr 29, 2019
    • Indiabulls Home Loan
      "fluctuation of interest rate"
      0.5 3.5/5 "Pretty good"
      I did a balance transfer from India bulls mainly for the fluctuation of interest rate without any prior information . At the same time they stopped funding in recent times . I considered these things and it will not workout for a longer tenure period .
      Was this review helpful? 0
      , delhi
      Reviewed on Apr 29, 2019
    • Indiabulls Home Loan
      "Very Good Service"
      0.5 4.0/5 "Great!"
      I had taken a Home Loan from INDIABULLS a long time back where the process in getting the loan has been easy. The loan amount has been sufficient and the interest rate with them has been nominal. The processing fee and charges with them has been nominal and the loan is still running, There hasn't been any hassle faced with the services so far.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Apr 24, 2019
    • Indiabulls Home Loan
      "Very Good choice for housing loan"
      0.5 5.0/5 "Blown Away!"
      I do have housing loan with India bulls, the interest is normal. I took the loan amount of Rs. 25 lakhs now I need to pay only Rs. 2.5 lakhs. They quoted me the interest around 8.99% now they revised to 9.5%, I done lots of part payment without any charges. They are very helpful and supportive on the queries handling.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Apr 23, 2019
    • Indiabulls Home Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I hold my housing loan with Indiabulls for an while. They have given me loan on time without any delay, their service was good. The process in getting loan was simple, i got loan on time. Their rate of interest was nominal, still this loan is running.
      Was this review helpful? 2
      , new delhi
      Reviewed on Apr 19, 2019
    • Indiabulls Home Loan
      "Not happy about ... New ROI change "
      0.5 0.5/5 "Unacceptable"
      I have taken the loan 2016 .. ROI 9.60 ( during the year 2016) after construction ROI 8.40 ... around 2017 year end. Now ROI for plot loan 10.60 and construction loan 10.90 . Initial tenure was 20 years ... because of this sudden change in ROI -- resulted my loan tenure is increase to 40 year. all EMI is going a interest component only . Please don't opt a loan from Indiabulls
      Was this review helpful? 4
      , bangalore
      Reviewed on Apr 12, 2019
    • Indiabulls Home Loan
      "BETTER"
      0.5 3.0/5 "Satisfactory"
      I have applied for the home loan with the INDIABULLS they have done the documentation process which was simple and quick process to get the loan. The loan amount got as per the eligibility criteria also the rate of interest was 10.65% which was higher. The customer service is good.
      Was this review helpful? 3
      , new delhi
      Reviewed on Apr 05, 2019
    • Indiabulls Home Loan
      "AVERAGE"
      0.5 2.0/5 "Expected more"
      I am not satisfied with the INDIABULLS housing loan where i have previously taken because they have offered with the higher rate of interest at the beginning it was 8.5% latter it was 10% and used till 1.5 years and latter done balance transfer with another bank.
      Was this review helpful? 5
      , ahmedabad
      Reviewed on Apr 02, 2019
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